REDW Stanley Financial Advisors LLC purchased a new stake in Alphabet Inc (NASDAQ:GOOG) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 209 shares of the information services provider’s stock, valued at approximately $200,000.

Other large investors have also modified their holdings of the company. Burt Wealth Advisors grew its position in shares of Alphabet by 17.2% in the second quarter. Burt Wealth Advisors now owns 136 shares of the information services provider’s stock valued at $123,000 after purchasing an additional 20 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its stake in shares of Alphabet by 3.8% in the second quarter. Signature Estate & Investment Advisors LLC now owns 137 shares of the information services provider’s stock valued at $124,000 after buying an additional 5 shares during the period. Almanack Investment Partners LLC. lifted its stake in shares of Alphabet by 4.5% in the second quarter. Almanack Investment Partners LLC. now owns 162 shares of the information services provider’s stock valued at $147,000 after buying an additional 7 shares during the period. St. Johns Investment Management Company LLC lifted its stake in shares of Alphabet by 1,046.7% in the second quarter. St. Johns Investment Management Company LLC now owns 172 shares of the information services provider’s stock valued at $156,000 after buying an additional 157 shares during the period. Finally, Catamount Wealth Management lifted its stake in shares of Alphabet by 5.8% in the second quarter. Catamount Wealth Management now owns 182 shares of the information services provider’s stock valued at $165,000 after buying an additional 10 shares during the period. 34.63% of the stock is currently owned by institutional investors.

Shares of Alphabet Inc (NASDAQ:GOOG) opened at $1,056.74 on Wednesday. The company has a current ratio of 5.77, a quick ratio of 5.73 and a debt-to-equity ratio of 0.03. Alphabet Inc has a fifty-two week low of $770.41 and a fifty-two week high of $1,078.49. The company has a market cap of $736,572.44, a price-to-earnings ratio of 35.38 and a beta of 0.93.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, October 26th. The information services provider reported $9.57 EPS for the quarter, topping analysts’ consensus estimates of $8.31 by $1.26. Alphabet had a net margin of 20.09% and a return on equity of 14.26%. The firm had revenue of $27.77 billion during the quarter, compared to analyst estimates of $27.17 billion. During the same quarter in the previous year, the business earned $9.06 EPS. The business’s quarterly revenue was up 23.7% compared to the same quarter last year.

In other Alphabet news, CEO Sundar Pichai sold 4,000 shares of Alphabet stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $1,072.64, for a total transaction of $4,290,560.00. Following the completion of the sale, the chief executive officer now owns 803 shares of the company’s stock, valued at approximately $861,329.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director L John Doerr sold 12,236 shares of Alphabet stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $1,021.57, for a total transaction of $12,499,930.52. Following the sale, the director now directly owns 3,485 shares of the company’s stock, valued at approximately $3,560,171.45. The disclosure for this sale can be found here. Insiders have sold a total of 36,900 shares of company stock valued at $37,430,220 in the last ninety days. Company insiders own 13.92% of the company’s stock.

Several equities research analysts recently weighed in on the stock. Vetr upgraded shares of Alphabet from a “sell” rating to a “hold” rating and set a $1,029.94 target price for the company in a research note on Tuesday. Robert W. Baird reiterated an “outperform” rating and issued a $1,100.00 target price on shares of Alphabet in a research note on Saturday, September 23rd. JMP Securities reiterated a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. Cantor Fitzgerald reiterated a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. Finally, Wells Fargo & Co reiterated a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirty-eight have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $1,046.52.

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About Alphabet

Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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