Alphabet Inc (NASDAQ:GOOG) Shares Bought by Well Done LLC

Well Done LLC raised its holdings in Alphabet Inc (NASDAQ:GOOG) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 290 shares of the information services provider’s stock after purchasing an additional 22 shares during the quarter. Well Done LLC’s holdings in Alphabet were worth $313,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Curbstone Financial Management Corp boosted its holdings in Alphabet by 4.3% during the second quarter. Curbstone Financial Management Corp now owns 3,412 shares of the information services provider’s stock worth $3,688,000 after buying an additional 140 shares in the last quarter. B. Riley Wealth Management Inc. boosted its holdings in Alphabet by 9.0% during the first quarter. B. Riley Wealth Management Inc. now owns 980 shares of the information services provider’s stock worth $1,150,000 after buying an additional 81 shares in the last quarter. First National Bank of Hutchinson boosted its holdings in Alphabet by 3.7% during the fourth quarter. First National Bank of Hutchinson now owns 1,232 shares of the information services provider’s stock worth $1,276,000 after buying an additional 44 shares in the last quarter. HMS Capital Management LLC purchased a new stake in Alphabet during the second quarter worth about $38,000. Finally, Gerber Kawasaki Wealth & Investment Management boosted its holdings in Alphabet by 12.4% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 7,189 shares of the information services provider’s stock worth $7,445,000 after buying an additional 795 shares in the last quarter. Institutional investors own 33.96% of the company’s stock.

Shares of NASDAQ GOOG traded down $4.19 on Thursday, hitting $1,212.49. The company’s stock had a trading volume of 850,288 shares, compared to its average volume of 1,416,759. Alphabet Inc has a 12-month low of $970.11 and a 12-month high of $1,289.27. The stock has a market cap of $860.45 billion, a P/E ratio of 25.52, a price-to-earnings-growth ratio of 1.39 and a beta of 0.95. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.98 and a quick ratio of 3.96. The company has a 50 day simple moving average of $1,131.17.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, July 25th. The information services provider reported $14.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.49 by $2.72. Alphabet had a net margin of 23.43% and a return on equity of 20.15%. The company had revenue of $38.94 billion for the quarter, compared to the consensus estimate of $38.21 billion. During the same quarter in the prior year, the firm earned $11.75 earnings per share. The company’s revenue for the quarter was up 19.3% compared to the same quarter last year. On average, sell-side analysts forecast that Alphabet Inc will post 51.46 earnings per share for the current fiscal year.

A number of analysts recently commented on GOOG shares. Oppenheimer boosted their price objective on shares of Alphabet from $1,342.00 to $1,370.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Zacks Investment Research raised shares of Alphabet from a “hold” rating to a “buy” rating and set a $1,372.00 price objective on the stock in a report on Wednesday. Pivotal Research started coverage on shares of Alphabet in a report on Wednesday, May 29th. They set a “hold” rating on the stock. UBS Group reissued a “buy” rating on shares of Alphabet in a report on Friday, July 26th. Finally, Benchmark reissued a “buy” rating and set a $1,360.00 price objective (up previously from $1,315.00) on shares of Alphabet in a report on Friday, July 26th. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. Alphabet has a consensus rating of “Buy” and an average price target of $1,373.93.

In other news, VP Amie Thuener O’toole sold 69 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $1,100.52, for a total value of $75,935.88. Following the completion of the transaction, the vice president now owns 388 shares of the company’s stock, valued at $427,001.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Capitalg Lp acquired 140,000 shares of the business’s stock in a transaction dated Friday, June 14th. The stock was purchased at an average cost of $34.00 per share, with a total value of $4,760,000.00. The disclosure for this purchase can be found here. In the last three months, insiders sold 441 shares of company stock valued at $510,339. Company insiders own 12.99% of the company’s stock.

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.

Featured Story: Cost of Goods Sold (COGS)

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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.com's FREE daily email newsletter.