3 hours Ago By ABMN Staff
Novare Capital Management LLC raised its position in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 1.6% during the 4th quarter, according to its most recent filing with the SEC.
The institutional investor owned 180,865 shares of the information services provider’s stock after acquiring an additional 2,792 shares during the period. Alphabet comprises 2.9% of Novare Capital Management LLC’s portfolio, making the stock its 6th biggest position.
Novare Capital Management LLC’s holdings in Alphabet were worth $34,238,000 at the end of the most recent reporting period. A number of other large investors have also recently bought and sold shares of GOOGL. Navis Wealth Advisors LLC grew its stake in shares of Alphabet by 2.
8% in the fourth quarter. Navis Wealth Advisors LLC now owns 2,371 shares of the information services provider’s stock valued at $449,000 after buying an additional 65 shares in the last quarter. M3 Advisory Group LLC lifted its stake in Alphabet by 0.
4% in the fourth quarter. M3 Advisory Group LLC now owns 20,031 shares of the information services provider’s stock valued at $3,792,000 after acquiring an additional 81 shares during the last quarter. Guerra Pan Advisors LLC grew its position in shares of Alphabet by 0.
7% in the 4th quarter. Guerra Pan Advisors LLC now owns 28,460 shares of the information services provider’s stock valued at $5,387,000 after acquiring an additional 198 shares during the period. Clarendon Private LLC acquired a new position in shares of Alphabet during the 4th quarter worth about $1,199,000.
Finally, Affinity Wealth Management LLC raised its holdings in shares of Alphabet by 2.2% in the 4th quarter. Affinity Wealth Management LLC now owns 47,876 shares of the information services provider’s stock valued at $9,063,000 after purchasing an additional 1,016 shares during the period.
Institutional investors and hedge funds own 40.03% of the company’s stock. Insider Transactions at Alphabet In other Alphabet news, CEO Sundar Pichai sold 22,500 shares of the company’s stock in a transaction dated Wednesday, November 6th.
The stock was sold at an average price of $177.36, for a total value of $3,990,600.00.
Following the sale, the chief executive officer now owns 2,084,306 shares in the company, valued at approximately $369,672,512.16. The trade was a 1.
07 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link . Also, Director Frances Arnold sold 441 shares of the firm’s stock in a transaction dated Monday, November 4th.
The stock was sold at an average price of $171.06, for a total value of $75,437.46.
Following the transaction, the director now owns 16,490 shares of the company’s stock, valued at $2,820,779.40. This trade represents a 2.
60 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last three months, insiders have sold 121,630 shares of company stock worth $22,258,133.
Insiders own 11.55% of the company’s stock. Analyst Upgrades and Downgrades View Our Latest Research Report on Alphabet Alphabet Trading Up 1.
6 % Shares of GOOGL stock opened at $204.02 on Friday. Alphabet Inc.
has a twelve month low of $130.66 and a twelve month high of $205.48.
The stock’s fifty day simple moving average is $188.97 and its 200 day simple moving average is $174.15.
The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.
04. The firm has a market capitalization of $2.50 trillion, a P/E ratio of 27.
06, a P/E/G ratio of 1.26 and a beta of 0.98.
About Alphabet ( 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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