Starfire Investment Advisers Inc. lifted its holdings in shares of Alphabet Inc (NASDAQ:GOOG) by 32.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 623 shares of the information services provider’s stock after acquiring an additional 152 shares during the quarter. Starfire Investment Advisers Inc.’s holdings in Alphabet were worth $645,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Ayalon Holdings Ltd. purchased a new stake in shares of Alphabet in the fourth quarter valued at about $32,000. 1 North Wealth Services LLC bought a new position in Alphabet during the fourth quarter worth about $34,000. TD Capital Management LLC boosted its position in Alphabet by 38.5% during the fourth quarter. TD Capital Management LLC now owns 36 shares of the information services provider’s stock worth $37,000 after purchasing an additional 10 shares during the period. First PREMIER Bank boosted its position in Alphabet by 80.0% during the fourth quarter. First PREMIER Bank now owns 36 shares of the information services provider’s stock worth $38,000 after purchasing an additional 16 shares during the period. Finally, CX Institutional lifted its holdings in shares of Alphabet by 471.4% in the fourth quarter. CX Institutional now owns 40 shares of the information services provider’s stock worth $41,000 after buying an additional 33 shares in the last quarter. Institutional investors and hedge funds own 34.41% of the company’s stock.

In related news, VP Amie Thuener O’toole sold 89 shares of the company’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $1,145.00, for a total value of $101,905.00. Following the completion of the sale, the vice president now directly owns 388 shares of the company’s stock, valued at approximately $444,260. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 375 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $1,200.00, for a total value of $450,000.00. Following the sale, the director now directly owns 80 shares of the company’s stock, valued at $96,000. The disclosure for this sale can be found here. Insiders sold a total of 817 shares of company stock worth $974,730 in the last quarter. Company insiders own 13.11% of the company’s stock.

GOOG has been the topic of a number of recent analyst reports. Credit Suisse Group reaffirmed a “buy” rating on shares of Alphabet in a research note on Tuesday, February 5th. Deutsche Bank restated a “buy” rating and issued a $1,380.00 target price (up previously from $1,300.00) on shares of Alphabet in a report on Tuesday, February 5th. UBS Group reiterated a “buy” rating on shares of Alphabet in a report on Tuesday, February 5th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alphabet in a report on Tuesday, February 5th. Finally, Royal Bank of Canada restated a “buy” rating on shares of Alphabet in a report on Friday, February 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $1,361.50.

Shares of NASDAQ:GOOG traded down $0.60 during trading on Tuesday, reaching $1,138.25. The stock had a trading volume of 11,826 shares, compared to its average volume of 1,486,757. The firm has a market capitalization of $806.92 billion, a PE ratio of 24.00, a P/E/G ratio of 1.37 and a beta of 1.03. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.96 and a quick ratio of 3.93. Alphabet Inc has a 1-year low of $970.11 and a 1-year high of $1,289.27.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Monday, April 29th. The information services provider reported $11.90 EPS for the quarter, beating the Zacks’ consensus estimate of $10.51 by $1.39. Alphabet had a return on equity of 20.06% and a net margin of 19.71%. The company had revenue of $36.34 billion for the quarter, compared to the consensus estimate of $37.36 billion. During the same quarter in the previous year, the business earned $9.93 earnings per share. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. As a group, analysts expect that Alphabet Inc will post 48.44 earnings per share for the current year.

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About Alphabet

Alphabet Inc provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It offers performance and brand advertising services. The company operates through Google and Other Bets segments. The Google segment offers products, such as Ads, Android, Chrome, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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