Raab & Moskowitz Asset Management LLC trimmed its position in shares of Alphabet Inc (NASDAQ:GOOG) by 0.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 454 shares of the information services provider’s stock after selling 2 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in Alphabet were worth $411,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GOOG. Burt Wealth Advisors lifted its position in shares of Alphabet by 17.2% during the second quarter. Burt Wealth Advisors now owns 136 shares of the information services provider’s stock worth $123,000 after purchasing an additional 20 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of Alphabet by 3.8% during the second quarter. Signature Estate & Investment Advisors LLC now owns 137 shares of the information services provider’s stock worth $124,000 after purchasing an additional 5 shares during the last quarter. Almanack Investment Partners LLC. lifted its position in shares of Alphabet by 4.5% during the second quarter. Almanack Investment Partners LLC. now owns 162 shares of the information services provider’s stock worth $147,000 after purchasing an additional 7 shares during the last quarter. St. Johns Investment Management Company LLC lifted its position in shares of Alphabet by 1,046.7% during the second quarter. St. Johns Investment Management Company LLC now owns 172 shares of the information services provider’s stock worth $156,000 after purchasing an additional 157 shares during the last quarter. Finally, Catamount Wealth Management lifted its position in shares of Alphabet by 5.8% during the second quarter. Catamount Wealth Management now owns 182 shares of the information services provider’s stock worth $165,000 after purchasing an additional 10 shares during the last quarter. 34.74% of the stock is owned by institutional investors.

In other news, Director L John Doerr sold 12,236 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $1,021.57, for a total transaction of $12,499,930.52. Following the sale, the director now owns 3,485 shares in the company, valued at $3,560,171.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sundar Pichai sold 4,000 shares of the business’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $924.36, for a total value of $3,697,440.00. Following the sale, the chief executive officer now owns 1,324 shares in the company, valued at approximately $1,223,852.64. The disclosure for this sale can be found here. Insiders sold 36,900 shares of company stock valued at $36,837,100 over the last quarter. 13.92% of the stock is currently owned by corporate insiders.

Several analysts have recently weighed in on GOOG shares. Vetr downgraded Alphabet from a “strong-buy” rating to a “buy” rating and set a $1,033.60 target price for the company. in a research report on Wednesday, August 30th. Deutsche Bank reiterated a “buy” rating on shares of Alphabet in a research report on Wednesday, October 25th. UBS reiterated a “buy” rating and set a $1,080.00 target price on shares of Alphabet in a research report on Monday, September 11th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Alphabet in a research report on Friday, October 27th. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Alphabet in a research report on Thursday, August 31st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirty-eight have issued a buy rating to the company. Alphabet has an average rating of “Buy” and an average target price of $1,047.45.

Alphabet Inc (GOOG) opened at $1,040.48 on Wednesday. The company has a market cap of $723,357.31, a PE ratio of 34.85 and a beta of 0.93. The company has a quick ratio of 5.73, a current ratio of 5.77 and a debt-to-equity ratio of 0.03. Alphabet Inc has a fifty-two week low of $770.41 and a fifty-two week high of $1,062.38.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, October 26th. The information services provider reported $9.57 EPS for the quarter, topping the Zacks’ consensus estimate of $8.31 by $1.26. The business had revenue of $27.77 billion during the quarter, compared to the consensus estimate of $27.17 billion. Alphabet had a net margin of 20.09% and a return on equity of 14.26%. The firm’s revenue was up 23.7% on a year-over-year basis. During the same period in the previous year, the company posted $9.06 earnings per share.

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Alphabet Profile

Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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