Woodstock Corp reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,063 shares of the company’s stock after selling 18 shares during the period. Woodstock Corp’s holdings in Alphabet were worth $5,679,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in GOOGL. First American Bank increased its stake in shares of Alphabet by 5.5% in the third quarter. First American Bank now owns 13,161 shares of the company’s stock valued at $10,582,000 after buying an additional 692 shares during the period. Independence Advisors LLC increased its stake in shares of Alphabet by 0.5% in the third quarter. Independence Advisors LLC now owns 618 shares of the company’s stock valued at $497,000 after buying an additional 3 shares during the period. Atalanta Sosnoff Capital LLC increased its stake in shares of Alphabet by 1.4% in the third quarter. Atalanta Sosnoff Capital LLC now owns 150,641 shares of the company’s stock valued at $121,124,000 after buying an additional 2,050 shares during the period. Liberty Capital Management Inc. bought a new stake in shares of Alphabet during the third quarter valued at approximately $3,044,000. Finally, Swarthmore Group Inc. increased its stake in shares of Alphabet by 6.4% in the third quarter. Swarthmore Group Inc. now owns 14,920 shares of the company’s stock valued at $11,997,000 after buying an additional 900 shares during the period. Institutional investors and hedge funds own 34.14% of the company’s stock.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

Alphabet Inc. (NASDAQ:GOOGL) traded up 0.16% during midday trading on Friday, reaching $780.23. The company had a trading volume of 613,549 shares. The company has a 50-day moving average of $800.21 and a 200-day moving average of $771.86. Alphabet Inc. has a 12-month low of $672.66 and a 12-month high of $839.00. The stock has a market capitalization of $537.76 billion, a PE ratio of 28.56 and a beta of 0.92.

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A number of analysts have recently issued reports on the stock. Vetr upgraded shares of Alphabet from a “buy” rating to a “strong-buy” rating and set a $890.66 price objective on the stock in a report on Saturday, October 29th. Morgan Stanley reiterated a “buy” rating and issued a $880.00 price objective on shares of Alphabet in a report on Thursday, September 29th. Cantor Fitzgerald reiterated a “buy” rating and issued a $1,000.00 price objective on shares of Alphabet in a report on Wednesday, October 5th. Jefferies Group reiterated a “buy” rating and issued a $1,000.00 price objective on shares of Alphabet in a report on Monday, October 3rd. Finally, Bank of America Corp. reiterated a “buy” rating and issued a $960.00 price objective on shares of Alphabet in a report on Wednesday, August 31st. One analyst has rated the stock with a sell rating, two have given a hold rating, forty-five have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $940.44.

About Alphabet

Alphabet Inc is a holding company. The Company holds interests in Google Inc (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.

5 Day Chart for NASDAQ:GOOGL

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