Wiley Brothers Aintree Capital LLC Holds $630,000 in Alphabet Inc. (NASDAQ:GOOGL)

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Aintree Capital LLC expanded its position in Alphabet Inc. (NASDAQ:GOOGL – rated) by 21.8% in the first quarter, according to the latest Form 13F filed with the Wiley Brothers Securities and Exchange Commission. After acquiring an additional 1,087 shares during the same period, the fund held 6,073 shares in the information service provider. Alphabet shares in Wiley Brothers Aintree Capital LLC were valued at $630,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also changed their stakes in the company. Vanguard Group Inc. increased his position in Alphabet by 1,919.4% in the third quarter. Vanguard Group Inc. purchased an additional 453,413,389 shares in the previous quarter and now owns 477,035,902 shares worth $45,628,484,000 of information service provider shares. State Street Corporation increased his Alphabet stock position by 1,900.6% during the third quarter. State Street Corp. purchased an additional 206.300042 shares last quarter and now owns 217.154306 shares of information services provider stock valued at $20.770809 billion. . Moneta Group Investment Advisors LLC increased his Alphabet shareholding by 111,197.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 170,420,243 shares of information services provider, valued at $15,036,178,000, after purchasing an additional 170,267,122 shares during the previous quarter. I’m here. Price T Rowe Associates Inc. MD increased its position in Alphabet by 1,759.2% in the third quarter. Price T Rowe Associates Inc. MD now owns 116,116,066 shares of information services provider stock, valued at $11,106,502,000, after purchasing an additional 109,870,525 shares during the previous quarter. Finally, Norges Bank took a new position in Alphabet worth $8,335,063,000 in the fourth quarter. 35.38% of the shares are held by institutional investors and hedge funds.

Alphabet insider trading

In related news, SVP Prabhakar Raghavan sold 32,379 shares of Alphabet shares in a transaction on Monday, April 3rd. The shares sold at an average price of $103.46 for a total transaction value of $3,349,931.34. Following the closing of the transaction, the Senior Vice President will own 76,580 shares of the Company’s stock valued at $7,922,966.80. The transaction was disclosed in filings with the Securities and Exchange Commission, which are available on the SEC’s website. In other news from Alphabet, SVP Prabhakar Raghavan sold 32,379 shares in the company in a transaction on Monday, April 3. The shares sold at an average price of $103.46 for a total transaction value of $3,349,931.34. Following the closing of the sale, the Senior Vice President now owns 76,580 shares of the Company’s stock, valued at approximately $7,922,966.80. The sale was disclosed in legal filings with the Securities and Exchange Commission, which are available on the SEC’s website. In addition, director John L. Hennessy sold 200 shares of the company in a transaction on Tuesday, June 13. The shares sold at an average price of $125.65, giving him $25,130.00 in transaction value. Following the closing of the transaction, the directors will own 5,740 shares of the company, valued at $721,231. Disclosure information regarding this sale can be found here. Insiders have sold 810,993 shares worth $29,335,058 in the past 90 days. Insiders own 0.88% of the company’s shares.

Analyst Rating Change

GOOGL has been the subject of several research reports. Loop Capital downgraded Alphabet’s rating from ‘buy’ to ‘hold’ and set a price target on the company at $125.00. In a research note on Monday, May 15th. Wolf Research raised its price target on Alphabet to $130.00 from $120.00, giving the stock an “outperform” rating in its Wednesday, April 26 report. Morgan Stanley raised its price target on Alphabet from $135.00 to $140.00 in a research note on Wednesday, April 26, giving the company an Overweight rating. Stifel Nikolaus agreed to cover Alphabet stock in a research note on Monday, March 20. They gave the company a buy rating and a price target of $130.00. Finally, Wells Fargo & Company began coverage of Alphabet stock in its report on Wednesday, June 7. They gave the stock an “equal weight” rating and a price target of $117.00. Five investment analysts gave the stock a hold rating, 33 bought it and one gave it a strong buy rating. According to MarketBeat, the company currently has a consensus rating of “buy medium” and a consensus price target of $129.67.

Alphabet shares drop 1.2%

GOOGL shares opened at $123.53 on Monday. The company has a market capitalization of $1.57 trillion, a price-to-earnings ratio of 27.51 times, a P/E ratio of 1.57 times, and a beta of 1.09 times. Alphabet hit a 12-month low of $83.34 and a 12-month high of $129.04. His 50-day moving average price for this company is $115.08 and his 200-day moving average price is $102.36. The company has a quick ratio of 2.32, a current ratio of 2.35 and a debt to equity ratio of 0.05.

Alphabet (NASDAQ:GOOGL – Get Rating) last reported earnings on Tuesday, April 25th. The information services provider reported earnings per share of $1.17 for the quarter, beating consensus expectations of $1.06 for him by $0.11. Alphabet had a net profit margin of 20.58% and a return on equity of 22.84%. The business had sales of $69.79 billion in the quarter, compared with analyst expectations of $57.19 billion. Earnings per share for the business in the same period last year were $1.23. Analysts expect Alphabet’s EPS to be $5.41 this fiscal year.

alphabet profile

(get rating)

Alphabet Inc offers various products and platforms in the United States, Europe, Middle East, Africa, Asia Pacific, Canada and Latin America. It operates through segments of Google Services, Google Cloud and Other Bet. The Google Services division offers products and services such as Advertising, Android, Chrome, Hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search and YouTube.

References

WANT TO KNOW WHAT OTHER HEDGE FUNDS HAVE GOOGL? Visit HoldingsChannel.com to get Alphabet Inc.’s latest 13F filings and insider trading (NASDAQ:GOOGL – Get Rated).

Alphabet Quarterly Institutional Ownership (NASDAQ:GOOGL)

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