Diversified Trust Co Raises Stock Holdings in Alphabet Inc (NASDAQ:GOOG)
Diversified Trust Co boosted its holdings in Alphabet Inc (NASDAQ:GOOG) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,339 shares of the information services provider’s stock after buying an additional 200 shares during the quarter. Diversified Trust Co’s holdings in Alphabet were worth $5,289,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the business. Orrstown Financial Services Inc. bought a new stake in shares of Alphabet during the 3rd quarter valued at about $26,000. HMS Capital Management LLC bought a new stake in shares of Alphabet during the 2nd quarter valued at about $38,000. Thor Advisors LLC bought a new stake in shares of Alphabet during the 1st quarter valued at about $56,000. Permanens Capital L.P. grew its stake in shares of Alphabet by 180.0% during the 2nd quarter. Permanens Capital L.P. now owns 70 shares of the information services provider’s stock valued at $76,000 after purchasing an additional 45 shares during the period. Finally, Camarda Financial Advisors LLC grew its stake in shares of Alphabet by 35.1% during the 2nd quarter. Camarda Financial Advisors LLC now owns 77 shares of the information services provider’s stock valued at $83,000 after purchasing an additional 20 shares during the period. 33.79% of the stock is owned by institutional investors and hedge funds.
In other news, Director Ann Mather sold 25 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $1,219.01, for a total transaction of $30,475.25. Following the sale, the director now directly owns 1,816 shares of the company’s stock, valued at approximately $2,213,722.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Amie Thuener O’toole sold 55 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $1,200.74, for a total value of $66,040.70. Following the sale, the vice president now directly owns 388 shares in the company, valued at $465,887.12. The disclosure for this sale can be found here. Insiders have sold a total of 5,391 shares of company stock worth $6,502,992 over the last ninety days. Insiders own 12.99% of the company’s stock.
GOOG stock traded up $9.94 during midday trading on Wednesday, hitting $1,199.07. The company’s stock had a trading volume of 6,519 shares, compared to its average volume of 1,461,305. Alphabet Inc has a 12 month low of $970.11 and a 12 month high of $1,289.27. The company has a quick ratio of 3.96, a current ratio of 3.98 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $838.32 billion, a price-to-earnings ratio of 25.25, a price-to-earnings-growth ratio of 1.41 and a beta of 0.99. The company has a 50 day moving average of $1,204.58 and a two-hundred day moving average of $1,171.76.
Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, July 25th. The information services provider reported $14.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $11.49 by $2.72. The business had revenue of $38.94 billion for the quarter, compared to analysts’ expectations of $38.21 billion. Alphabet had a return on equity of 20.15% and a net margin of 23.43%. The company’s revenue for the quarter was up 19.3% on a year-over-year basis. During the same period in the prior year, the firm earned $11.75 EPS. On average, analysts anticipate that Alphabet Inc will post 51.66 earnings per share for the current fiscal year.
Alphabet Company Profile
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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