Alphabet Inc. (NASDAQ:GOOGL) Stock Holdings Raised by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOGLFree Report) by 81.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,965 shares of the information services provider’s stock after purchasing an additional 3,580 shares during the period. Moser Wealth Advisors LLC’s holdings in Alphabet were worth $1,113,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of GOOGL. DiNuzzo Private Wealth Inc. acquired a new position in shares of Alphabet in the 4th quarter worth approximately $38,000. Meritage Group LP lifted its stake in Alphabet by 1,061.5% during the third quarter. Meritage Group LP now owns 302 shares of the information services provider’s stock worth $40,000 after purchasing an additional 276 shares during the last quarter. Macroview Investment Management LLC boosted its holdings in Alphabet by 165.8% in the third quarter. Macroview Investment Management LLC now owns 319 shares of the information services provider’s stock worth $42,000 after purchasing an additional 199 shares during the period. Armor Investment Advisors LLC increased its stake in Alphabet by 31.0% during the fourth quarter. Armor Investment Advisors LLC now owns 338 shares of the information services provider’s stock valued at $47,000 after purchasing an additional 80 shares during the last quarter. Finally, IAG Wealth Partners LLC raised its holdings in shares of Alphabet by 55.9% during the fourth quarter. IAG Wealth Partners LLC now owns 343 shares of the information services provider’s stock worth $48,000 after purchasing an additional 123 shares during the period. Institutional investors own 40.03% of the company’s stock.

Alphabet Trading Up 0.7 %

Shares of NASDAQ GOOGL opened at $170.34 on Wednesday. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.05. Alphabet Inc. has a 12 month low of $115.35 and a 12 month high of $174.71. The company has a market cap of $2.11 trillion, a price-to-earnings ratio of 26.13, a P/E/G ratio of 1.30 and a beta of 1.02. The business has a fifty day simple moving average of $154.03 and a 200-day simple moving average of $143.91.

Alphabet (NASDAQ:GOOGLGet Free Report) last posted its quarterly earnings data on Thursday, April 25th. The information services provider reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. Alphabet had a net margin of 25.90% and a return on equity of 29.52%. The company had revenue of $80.54 billion during the quarter, compared to analyst estimates of $66.04 billion. During the same period in the prior year, the firm earned $1.17 earnings per share. Sell-side analysts predict that Alphabet Inc. will post 7.57 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 10th will be given a $0.20 dividend. The ex-dividend date is Monday, June 10th. This represents a $0.80 annualized dividend and a dividend yield of 0.47%.

Insider Activity

In other Alphabet news, insider John Kent Walker sold 48,076 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $142.20, for a total transaction of $6,836,407.20. Following the completion of the sale, the insider now directly owns 12,725 shares in the company, valued at approximately $1,809,495. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider John Kent Walker sold 48,076 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $142.20, for a total transaction of $6,836,407.20. Following the completion of the sale, the insider now directly owns 12,725 shares in the company, valued at $1,809,495. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Ruth Porat sold 48,077 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $137.22, for a total transaction of $6,597,125.94. Following the transaction, the chief financial officer now directly owns 1,777,106 shares in the company, valued at $243,854,485.32. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 254,011 shares of company stock worth $37,337,245. 0.88% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on GOOGL shares. Stifel Nicolaus boosted their price objective on shares of Alphabet from $174.00 to $196.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Loop Capital upped their target price on Alphabet from $155.00 to $170.00 and gave the company a “hold” rating in a report on Wednesday, May 1st. Robert W. Baird boosted their price objective on Alphabet from $160.00 to $200.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Roth Mkm increased their target price on Alphabet from $164.00 to $202.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Finally, Canaccord Genuity Group boosted their price target on shares of Alphabet from $190.00 to $210.00 and gave the company a “buy” rating in a report on Friday, April 26th. Five research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $190.60.

View Our Latest Stock Analysis on GOOGL

Alphabet Company Profile

(Free Report)

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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