Alphabet Inc. (NASDAQ:GOOG) Shares Purchased by apricus wealth LLC

apricus wealth LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOGFree Report) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,265 shares of the information services provider’s stock after purchasing an additional 150 shares during the period. apricus wealth LLC’s holdings in Alphabet were worth $1,024,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tandem Wealth Advisors LLC purchased a new position in Alphabet during the 3rd quarter valued at about $25,000. Bruce G. Allen Investments LLC purchased a new position in Alphabet during the 4th quarter valued at about $26,000. HWG Holdings LP purchased a new position in Alphabet during the 2nd quarter valued at about $26,000. Intrepid Capital Management Inc. purchased a new stake in shares of Alphabet during the second quarter worth about $31,000. Finally, Buck Wealth Strategies LLC purchased a new stake in shares of Alphabet during the third quarter worth about $32,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director John L. Hennessy sold 200 shares of Alphabet stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $143.49, for a total transaction of $28,698.00. Following the transaction, the director now directly owns 6,784 shares of the company’s stock, valued at $973,436.16. The sale was disclosed in a filing with the SEC, which is available at this link. In other Alphabet news, Director John L. Hennessy sold 200 shares of Alphabet stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $143.49, for a total transaction of $28,698.00. Following the transaction, the director now directly owns 6,784 shares of the company’s stock, valued at $973,436.16. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Prabhakar Raghavan sold 3,258 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $155.97, for a total transaction of $508,150.26. Following the transaction, the senior vice president now directly owns 144,685 shares in the company, valued at $22,566,519.45. The disclosure for this sale can be found here. Insiders have sold a total of 228,239 shares of company stock valued at $32,432,382 over the last ninety days. Corporate insiders own 12.99% of the company’s stock.

Alphabet Price Performance

GOOG opened at $155.87 on Wednesday. The company’s 50 day simple moving average is $145.15 and its 200 day simple moving average is $139.74. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.10 and a current ratio of 2.10. Alphabet Inc. has a 1 year low of $102.38 and a 1 year high of $157.00. The stock has a market capitalization of $1.94 trillion, a PE ratio of 26.87, a P/E/G ratio of 1.41 and a beta of 1.05.

Alphabet (NASDAQ:GOOGGet Free Report) last announced its quarterly earnings results on Tuesday, January 30th. The information services provider reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.04. The firm had revenue of $86.31 billion for the quarter, compared to analysts’ expectations of $85.28 billion. Alphabet had a net margin of 24.01% and a return on equity of 27.22%. Alphabet’s revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 earnings per share. As a group, sell-side analysts expect that Alphabet Inc. will post 6.77 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Susquehanna lifted their price target on shares of Alphabet from $150.00 to $170.00 and gave the stock a “positive” rating in a report on Wednesday, January 31st. Raymond James lifted their price target on shares of Alphabet from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Wednesday, January 24th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, Alphabet has a consensus rating of “Buy” and an average target price of $146.33.

View Our Latest Stock Analysis on GOOG

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.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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