Colony Family Offices LLC grew its stake in Alphabet Inc. (NASDAQ:GOOGL – Get Rating) by 2.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 9,440 shares of the information services provider’s stock after acquiring an additional 200 shares during the period. Colony Family Offices LLC’s holdings in Alphabet were worth $833,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in GOOGL. VitalStone Financial LLC purchased a new stake in Alphabet during the 4th quarter worth approximately $25,000. IAG Wealth Partners LLC increased its stake in Alphabet by 3,275.0% during the 3rd quarter. IAG Wealth Partners LLC now owns 270 shares of the information services provider’s stock worth $26,000 after buying an additional 262 shares during the period. Artemis Wealth Advisors LLC increased its position in shares of Alphabet by 1,900.0% in the 3rd quarter. Artemis Wealth Advisors LLC now owns 280 shares of the information services provider’s stock valued at $27,000 after purchasing an additional 266 shares during the last quarter. Laurel Wealth Planning LLC increased its position in shares of Alphabet by 1,900.0% in the 3rd quarter. Laurel Wealth Planning LLC now owns 300 shares of the information services provider’s stock valued at $29,000 after purchasing an additional 285 shares during the last quarter. Finally, Coston McIsaac & Partners increased its position in shares of Alphabet by 1,900.0% in the 3rd quarter. Coston McIsaac & Partners now owns 320 shares of the information services provider’s stock valued at $30,000 after purchasing an additional 304 shares during the last quarter. 34.06% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Alphabet
In other Alphabet news, CAO Amie Thuener O’toole sold 637 shares of the firm’s stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $107.51, for a total transaction of $68,483.87. Following the completion of the transaction, the chief accounting officer now directly owns 25,937 shares in the company, valued at approximately $2,788,486.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Alphabet news, Director Ann Mather sold 380 shares of the firm’s stock in a transaction dated Monday, February 27th. The shares were sold at an average price of $90.05, for a total transaction of $34,219.00. Following the sale, the director now directly owns 11,300 shares of the company’s stock, valued at approximately $1,017,565. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Amie Thuener O’toole sold 637 shares of the firm’s stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $107.51, for a total transaction of $68,483.87. Following the sale, the chief accounting officer now directly owns 25,937 shares in the company, valued at $2,788,486.87. The disclosure for this sale can be found here. In the last three months, insiders sold 100,539 shares of company stock worth $10,214,031. 11.44% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Alphabet Stock Performance
Shares of GOOGL opened at $105.41 on Thursday. The company has a 50-day simple moving average of $101.00 and a 200-day simple moving average of $96.80. The company has a quick ratio of 2.34, a current ratio of 2.35 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $1.35 trillion, a PE ratio of 23.48, a P/E/G ratio of 1.39 and a beta of 1.10. Alphabet Inc. has a 52-week low of $83.34 and a 52-week high of $122.85.
Alphabet (NASDAQ:GOOGL – Get Rating) last posted its earnings results on Tuesday, April 25th. The information services provider reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.11. Alphabet had a net margin of 20.58% and a return on equity of 22.84%. The firm had revenue of $69.79 billion during the quarter, compared to the consensus estimate of $57.19 billion. During the same period last year, the firm posted $1.23 EPS. Equities research analysts predict that Alphabet Inc. will post 5.39 earnings per share for the current fiscal year.
Alphabet Company Profile
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.
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