Syntal Capital Partners LLC decreased its stake in Alphabet Inc (NASDAQ:GOOG) by 15.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 389 shares of the information services provider’s stock after selling 70 shares during the quarter. Syntal Capital Partners LLC’s holdings in Alphabet were worth $373,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GOOG. Janus Henderson Group PLC boosted its stake in Alphabet by 759.0% in the second quarter. Janus Henderson Group PLC now owns 3,204,087 shares of the information services provider’s stock worth $2,911,734,000 after purchasing an additional 2,831,099 shares in the last quarter. Harbour Capital Advisors LLC boosted its stake in Alphabet by 87,001.5% in the second quarter. Harbour Capital Advisors LLC now owns 1,993,754 shares of the information services provider’s stock worth $2,194,000 after purchasing an additional 1,991,465 shares in the last quarter. Koch Industries Inc. boosted its stake in Alphabet by 214,636.6% in the second quarter. Koch Industries Inc. now owns 1,161,725 shares of the information services provider’s stock worth $1,160,000 after purchasing an additional 1,161,184 shares in the last quarter. BlackRock Inc. boosted its stake in Alphabet by 4.8% in the second quarter. BlackRock Inc. now owns 18,058,006 shares of the information services provider’s stock worth $16,409,850,000 after purchasing an additional 826,480 shares in the last quarter. Finally, Capital World Investors boosted its stake in Alphabet by 13.9% in the second quarter. Capital World Investors now owns 6,371,356 shares of the information services provider’s stock worth $5,789,842,000 after purchasing an additional 776,853 shares in the last quarter. 34.63% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director L John Doerr sold 12,236 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $1,021.57, for a total value of $12,499,930.52. Following the completion of the sale, the director now owns 3,485 shares in the company, valued at $3,560,171.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sundar Pichai sold 4,000 shares of the company’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $1,072.64, for a total value of $4,290,560.00. Following the completion of the sale, the chief executive officer now owns 803 shares of the company’s stock, valued at approximately $861,329.92. The disclosure for this sale can be found here. Insiders sold 36,900 shares of company stock valued at $37,877,147 in the last quarter. 13.92% of the stock is currently owned by corporate insiders.

A number of research firms have commented on GOOG. Vetr lowered Alphabet from a “hold” rating to a “sell” rating and set a $1,011.69 price objective on the stock. in a research note on Thursday, December 28th. BidaskClub raised Alphabet from a “hold” rating to a “buy” rating in a research note on Tuesday, December 12th. UBS Group reissued a “buy” rating on shares of Alphabet in a research note on Monday, November 27th. Finally, Oppenheimer reissued an “outperform” rating on shares of Alphabet in a research note on Friday, October 27th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and thirty-eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $1,046.04.

Shares of Alphabet Inc (NASDAQ GOOG) opened at $1,102.23 on Monday. The company has a market capitalization of $768,620.00, a PE ratio of 36.72 and a beta of 0.94. 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 $790.52 and a fifty-two week high of $1,104.25.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, October 26th. The information services provider reported $9.57 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 14.26% and a net margin of 20.09%. The firm’s revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior 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.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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