Alphabet Inc. (NASDAQ:GOOG) Shares Bought by Capital Square LLC

Posted by Defense World Staff on Mar 4th, 2023

Capital Square LLC raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Get Rating) by 1,953.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,634 shares of the information services provider’s stock after acquiring an additional 3,457 shares during the quarter. Capital Square LLC’s holdings in Alphabet were worth $349,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of GOOG. OLD Second National Bank of Aurora lifted its stake in Alphabet by 1,900.0% during the third quarter. OLD Second National Bank of Aurora now owns 260 shares of the information services provider’s stock valued at $25,000 after buying an additional 247 shares in the last quarter. Westchester Capital Management Inc. lifted its stake in Alphabet by 1,900.0% during the third quarter. Westchester Capital Management Inc. now owns 260 shares of the information services provider’s stock valued at $25,000 after buying an additional 247 shares in the last quarter. Carolina Wealth Advisors LLC lifted its stake in Alphabet by 1,900.0% during the third quarter. Carolina Wealth Advisors LLC now owns 300 shares of the information services provider’s stock valued at $29,000 after buying an additional 285 shares in the last quarter. Saban Cheryl lifted its stake in Alphabet by 1,900.0% during the third quarter. Saban Cheryl now owns 200 shares of the information services provider’s stock valued at $29,000 after buying an additional 190 shares in the last quarter. Finally, NewSquare Capital LLC lifted its stake in Alphabet by 1,900.0% during the third quarter. NewSquare Capital LLC now owns 320 shares of the information services provider’s stock valued at $31,000 after buying an additional 304 shares in the last quarter. 28.69% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have commented on GOOG. Royal Bank of Canada set a $130.00 price objective on shares of Alphabet in a research note on Friday, February 3rd. JPMorgan Chase & Co. set a $118.00 target price on Alphabet in a report on Thursday, February 9th. Oppenheimer upped their target price on Alphabet from $130.00 to $155.00 and gave the company an “outperform” rating in a report on Friday, February 3rd. Societe Generale dropped their target price on Alphabet from $147.00 to $132.00 and set a “buy” rating on the stock in a report on Wednesday, November 30th. Finally, Sanford C. Bernstein set a $130.00 target price on Alphabet in a report on Monday, February 6th. One analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $137.13.

Insiders Place Their Bets

In other news, Director Ann Mather sold 380 shares of the stock in a transaction that occurred on Tuesday, December 27th. The stock was sold at an average price of $89.24, for a total value of $33,911.20. Following the completion of the sale, the director now directly owns 11,300 shares of the company’s stock, valued at $1,008,412. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CAO Amie Thuener O’toole sold 637 shares of the firm’s stock in a transaction on Wednesday, March 1st. The stock was sold at an average price of $90.15, for a total value of $57,425.55. Following the completion of the transaction, the chief accounting officer now directly owns 25,442 shares of the company’s stock, valued at $2,293,596.30. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Ann Mather sold 380 shares of the firm’s stock in a transaction on Tuesday, December 27th. The stock was sold at an average price of $89.24, for a total value of $33,911.20. Following the completion of the transaction, the director now directly owns 11,300 shares of the company’s stock, valued at $1,008,412. The disclosure for this sale can be found here. Insiders sold 36,745 shares of company stock valued at $3,424,078 over the last 90 days. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Up 1.9 %

Shares of Alphabet stock opened at $94.02 on Friday. The stock has a market capitalization of $1.20 trillion, a P/E ratio of 20.66, a PEG ratio of 1.25 and a beta of 1.09. The company has a quick ratio of 2.34, a current ratio of 2.38 and a debt-to-equity ratio of 0.06. The stock has a 50 day moving average price of $94.29 and a two-hundred day moving average price of $98.29. Alphabet Inc. has a 12-month low of $83.45 and a 12-month high of $144.16.

Alphabet (NASDAQ:GOOG – Get Rating) last announced its earnings results on Thursday, February 2nd. The information services provider reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.09). The company had revenue of $76.05 billion for the quarter, compared to the consensus estimate of $76.49 billion. Alphabet had a return on equity of 23.54% and a net margin of 21.20%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.53 EPS. Equities analysts expect that Alphabet Inc. will post 5.12 earnings per share for the current year.

Alphabet Company Profile

(Get Rating)

Alphabet, Inc engages in the business of delivering online advertising, cloud-based solutions that provide enterprise customers with infrastructure and platform services, the provision of communication and collaboration tools, and sales of other products and services such as apps and in-app purchases, hardware, and subscription-based products.

Alphabet Inc. (NASDAQ:GOOG) Shares Bought by Capital Square LLC

Analyst Upgrades and Downgrades

Insiders Place Their Bets

Alphabet Stock Up 1.9 %

Alphabet Company Profile

Recommended Stories

You might be interested in: