2 weeks Ago By ABMN Staff
Wallace Advisory Group LLC lifted its position in shares of Alphabet Inc. ( NASDAQ:GOOG – Free Report ) by 1.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 10,314 shares of the information services provider’s stock after purchasing an additional 134 shares during the quarter. Alphabet accounts for approximately 1.4% of Wallace Advisory Group LLC’s portfolio, making the stock its 14th largest holding.
Wallace Advisory Group LLC’s holdings in Alphabet were worth $1,892,000 at the end of the most recent reporting period. A number of other hedge funds have also recently added to or reduced their stakes in GOOG. Richardson Financial Services Inc.
acquired a new stake in Alphabet in the fourth quarter valued at approximately $34,000. Abich Financial Wealth Management LLC lifted its position in shares of Alphabet by 9,200.0% during the 2nd quarter.
Abich Financial Wealth Management LLC now owns 186 shares of the information services provider’s stock valued at $34,000 after buying an additional 184 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in Alphabet in the 2nd quarter worth $37,000.
Slocum Gordon & Co LLP purchased a new stake in Alphabet in the 2nd quarter worth $44,000. Finally, Hoese & Co LLP increased its holdings in Alphabet by 62.5% in the 2nd quarter.
Hoese & Co LLP now owns 260 shares of the information services provider’s stock worth $45,000 after acquiring an additional 100 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets In other Alphabet news, CAO Amie Thuener O’toole sold 2,835 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $151.53, for a total value of $429,587.
55. Following the transaction, the chief accounting officer now directly owns 29,182 shares in the company, valued at approximately $4,421,948.46.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . In related news, CEO Sundar Pichai sold 22,500 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $186.
74, for a total transaction of $4,201,650.00. Following the completion of the sale, the chief executive officer now directly owns 2,227,385 shares of the company’s stock, valued at approximately $415,941,874.
90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CAO Amie Thuener O’toole sold 2,835 shares of the business’s stock in a transaction dated Tuesday, September 10th.
The shares were sold at an average price of $151.53, for a total transaction of $429,587.55.
Following the completion of the sale, the chief accounting officer now owns 29,182 shares in the company, valued at $4,421,948.46. The disclosure for this sale can be found here .
Insiders have sold 200,105 shares of company stock valued at $33,479,581 over the last ninety days. Company insiders own 12.99% of the company’s stock.
Analyst Upgrades and Downgrades View Our Latest Analysis on GOOG Alphabet Price Performance GOOG stock opened at $165.29 on Monday. Alphabet Inc.
has a 1 year low of $121.46 and a 1 year high of $193.31.
The company has a debt-to-equity ratio of 0.04, a current ratio of 2.08 and a quick ratio of 2.
08. The firm has a market capitalization of $2.04 trillion, a PE ratio of 25.
35, a price-to-earnings-growth ratio of 1.21 and a beta of 1.04.
The business has a 50 day simple moving average of $164.34 and a 200-day simple moving average of $168.16.
Alphabet ( NASDAQ:GOOG – Get Free Report ) last issued its earnings results on Tuesday, July 23rd. The information services provider reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.
85 by $0.04. Alphabet had a return on equity of 30.
49% and a net margin of 26.70%. The company had revenue of $84.
74 billion during the quarter, compared to analysts’ expectations of $84.22 billion. During the same period in the prior year, the business earned $1.
44 EPS. The firm’s quarterly revenue was up 13.6% on a year-over-year basis.
Equities research analysts anticipate that Alphabet Inc. will post 7.63 earnings per share for the current fiscal year.
Alphabet Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Monday, September 9th were given a dividend of $0.20 per share.
This represents a $0.80 annualized dividend and a yield of 0.48%.
The ex-dividend date was Monday, September 9th. Alphabet’s payout ratio is currently 12.27%.
Alphabet 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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