2 weeks Ago By Defense World Staff
Total Clarity Wealth Management Inc. reduced its position in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 14.
9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,517 shares of the information services provider’s stock after selling 3,952 shares during the quarter. Alphabet comprises about 1.
4% of Total Clarity Wealth Management Inc.’s holdings, making the stock its 13th biggest holding. Total Clarity Wealth Management Inc.
’s holdings in Alphabet were worth $4,101,000 at the end of the most recent reporting period. Other large investors also recently modified their holdings of the company. Harvest Investment Services LLC purchased a new position in shares of Alphabet during the fourth quarter worth approximately $214,000.
Gold Investment Management Ltd. purchased a new position in shares of Alphabet in the fourth quarter worth $104,000. Dorsey & Whitney Trust CO LLC increased its stake in shares of Alphabet by 5.
4% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 86,696 shares of the information services provider’s stock worth $12,111,000 after buying an additional 4,477 shares during the period. Manhattan West Asset Management LLC boosted its holdings in Alphabet by 45.
7% in the fourth quarter. Manhattan West Asset Management LLC now owns 69,743 shares of the information services provider’s stock valued at $9,742,000 after acquiring an additional 21,870 shares in the last quarter. Finally, Burkett Financial Services LLC bought a new stake in Alphabet in the fourth quarter valued at $89,000.
40.03% of the stock is currently owned by institutional investors. Insiders Place Their Bets In other Alphabet news, insider John Kent Walker sold 16,802 shares of the company’s stock in a transaction that occurred on Friday, September 27th.
The stock was sold at an average price of $165.47, for a total value of $2,780,226.94.
Following the completion of the transaction, the insider now directly owns 43,999 shares in the company, valued at approximately $7,280,514.53. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website .
In other news, insider John Kent Walker sold 16,802 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $165.47, for a total transaction of $2,780,226.
94. Following the completion of the transaction, the insider now directly owns 43,999 shares in the company, valued at approximately $7,280,514.53.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, CAO Amie Thuener O’toole sold 682 shares of the stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $168.
00, for a total value of $114,576.00. Following the transaction, the chief accounting officer now owns 31,334 shares of the company’s stock, valued at $5,264,112.
The disclosure for this sale can be found here . Insiders sold 193,725 shares of company stock worth $31,933,031 in the last three months. 11.
55% of the stock is owned by company insiders. Analyst Ratings Changes View Our Latest Research Report on GOOGL Alphabet Price Performance NASDAQ GOOGL opened at $165.85 on Tuesday.
Alphabet Inc. has a 52 week low of $120.21 and a 52 week high of $191.
75. The firm has a market capitalization of $2.05 trillion, a P/E ratio of 25.
44, a PEG ratio of 1.21 and a beta of 1.04.
The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 0.
04. The company has a 50-day moving average price of $162.52 and a 200-day moving average price of $166.
84. Alphabet ( NASDAQ:GOOGL – Get Free Report ) last released its earnings results on Tuesday, July 23rd. The information services provider reported $1.
89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.04.
The company had revenue of $84.74 billion during the quarter, compared to analyst estimates of $70.60 billion.
Alphabet had a net margin of 26.70% and a return on equity of 30.49%.
During the same period in the prior year, the firm posted $1.44 EPS. Equities research analysts anticipate that Alphabet Inc.
will post 7.63 earnings per share for the current year. Alphabet Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, September 16th.
Investors of record on Monday, September 9th were issued a $0.20 dividend. This represents a $0.
80 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend was Monday, September 9th.
Alphabet’s dividend payout ratio is 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. Further Reading Five stocks we like better than Alphabet Energy and Oil Stocks Explained TJX Stock: A Buying Opportunity Before the Holiday Rush What is a Low P/E Ratio and What Does it Tell Investors? Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge How to Read Stock Charts for Beginners Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.
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