Alphabet Inc. (NASDAQ:GOOGL) Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. lowered its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 1.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 410,359 shares of the information services provider’s stock after selling 4,131 shares during the quarter. Alphabet accounts for about [...]

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Mesirow Financial Investment Management Inc. lowered its holdings in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 1.

0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 410,359 shares of the information services provider’s stock after selling 4,131 shares during the quarter. Alphabet accounts for about 1.



7% of Mesirow Financial Investment Management Inc.’s holdings, making the stock its 12th biggest position. Mesirow Financial Investment Management Inc.

’s holdings in Alphabet were worth $74,750,000 as of its most recent filing with the SEC. Other hedge funds and other institutional investors also recently bought and sold shares of the company. MorganRosel Wealth Management LLC boosted its stake in Alphabet by 3.

6% in the 2nd quarter. MorganRosel Wealth Management LLC now owns 1,620 shares of the information services provider’s stock valued at $295,000 after buying an additional 57 shares in the last quarter. Hengehold Capital Management LLC boosted its stake in Alphabet by 0.

8% in the second quarter. Hengehold Capital Management LLC now owns 7,224 shares of the information services provider’s stock worth $1,316,000 after purchasing an additional 60 shares in the last quarter. Christopher J.

Hasenberg Inc boosted its stake in Alphabet by 75.0% in the second quarter. Christopher J.

Hasenberg Inc now owns 140 shares of the information services provider’s stock worth $26,000 after purchasing an additional 60 shares in the last quarter. Joseph P. Lucia & Associates LLC boosted its stake in Alphabet by 1.

0% in the first quarter. Joseph P. Lucia & Associates LLC now owns 6,624 shares of the information services provider’s stock worth $1,000,000 after purchasing an additional 64 shares in the last quarter.

Finally, Sunflower Bank N.A. boosted its stake in Alphabet by 1.

0% in the second quarter. Sunflower Bank N.A.

now owns 6,309 shares of the information services provider’s stock worth $1,149,000 after purchasing an additional 65 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insiders Place Their Bets In other news, CAO Amie Thuener O’toole sold 2,835 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $151.53, for a total value of $429,587.

55. Following the transaction, the chief accounting officer now owns 29,182 shares of the company’s stock, valued at $4,421,948.46.

The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . In related news, CAO Amie Thuener O’toole sold 2,835 shares of Alphabet stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $151.

53, for a total transaction of $429,587.55. Following the sale, the chief accounting officer now owns 29,182 shares of the company’s stock, valued at approximately $4,421,948.

46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, Director John L.

Hennessy sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $185.85, for a total value of $278,775.

00. Following the transaction, the director now owns 30,824 shares of the company’s stock, valued at approximately $5,728,640.40.

The disclosure for this sale can be found here . Over the last three months, insiders have sold 193,725 shares of company stock valued at $31,933,031. Insiders own 11.

55% of the company’s stock. Alphabet Price Performance Alphabet ( NASDAQ:GOOGL – Get Free Report ) last released its earnings results on Tuesday, July 23rd. The information services provider reported $1.

89 EPS for the quarter, topping analysts’ consensus estimates of $1.85 by $0.04.

Alphabet had a return on equity of 30.49% and a net margin of 26.70%.

The firm had revenue of $84.74 billion for the quarter, compared to analysts’ expectations of $70.60 billion.

During the same period in the prior year, the firm posted $1.44 earnings per share. Research analysts predict that Alphabet Inc.

will post 7.63 earnings per share for the current fiscal year. Alphabet Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, September 16th.

Shareholders of record on Monday, September 9th were given a $0.20 dividend. The ex-dividend date was Monday, September 9th.

This represents a $0.80 annualized dividend and a yield of 0.48%.

Alphabet’s payout ratio is 12.27%. Wall Street Analyst Weigh In A number of equities research analysts have recently weighed in on GOOGL shares.

Evercore ISI dropped their target price on Alphabet from $225.00 to $200.00 and set an “outperform” rating for the company in a research report on Monday, September 16th.

Needham & Company LLC reiterated a “buy” rating and issued a $210.00 price objective on shares of Alphabet in a report on Friday, August 30th. JPMorgan Chase & Co.

increased their price target on Alphabet from $200.00 to $208.00 and gave the stock an “overweight” rating in a report on Wednesday, July 24th.

Mizuho upped their price objective on Alphabet from $205.00 to $210.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 24th.

Finally, Argus upped their price objective on Alphabet from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, July 16th.

Eight investment analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $201.35.

Check Out Our Latest Stock Report on Alphabet 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.

Further Reading Five stocks we like better than Alphabet Using the MarketBeat Dividend Tax Calculator TJX Stock: A Buying Opportunity Before the Holiday Rush The How And Why of Investing in Oil Stocks Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge Most Volatile Stocks, What Investors Need to Know Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. ( NASDAQ:GOOGL – Free Report ).

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