Hartland & Co. LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 8.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,128 shares of the information services provider’s stock after buying an additional 174 shares during the period. Hartland & Co. LLC’s holdings in Alphabet were worth $1,934,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GOOG. Riggs Asset Managment Co. Inc. raised its holdings in shares of Alphabet by 39.6% during the second quarter. Riggs Asset Managment Co. Inc. now owns 141 shares of the information services provider’s stock valued at $128,000 after buying an additional 40 shares during the last quarter. Farmers National Bank raised its holdings in shares of Alphabet by 15.0% during the first quarter. Farmers National Bank now owns 161 shares of the information services provider’s stock valued at $134,000 after buying an additional 21 shares during the last quarter. St. Johns Investment Management Company LLC raised its holdings 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 valued at $156,000 after buying an additional 157 shares during the last quarter. Cribstone Capital Management LLC raised its holdings in shares of Alphabet by 5.7% during the second quarter. Cribstone Capital Management LLC now owns 184 shares of the information services provider’s stock valued at $167,000 after buying an additional 10 shares during the last quarter. Finally, Baker Boyer National Bank bought a new stake in shares of Alphabet during the second quarter valued at approximately $200,000. 34.50% of the stock is currently owned by institutional investors.

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Alphabet Inc. (NASDAQ:GOOG) opened at $1,028.07 on Friday. Alphabet Inc. has a twelve month low of $727.54 and a twelve month high of $1,048.39. The company has a current ratio of 5.77, a quick ratio of 5.73 and a debt-to-equity ratio of 0.03. The stock has a market cap of $716,520.50, a PE ratio of 34.53 and a beta of 0.95.

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

GOOG has been the topic of a number of research analyst reports. Pivotal Research reiterated a “hold” rating and set a $980.00 price objective (down previously from $990.00) on shares of Alphabet in a research note on Monday, July 17th. BidaskClub upgraded shares of Alphabet from a “hold” rating to a “buy” rating in a research note on Friday, August 25th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Alphabet in a research note on Tuesday, July 25th. Canaccord Genuity reiterated a “hold” rating and set a $1,000.00 price objective on shares of Alphabet in a research note on Thursday, July 27th. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-eight have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $1,045.44.

In related news, Director Ann Mather sold 37 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $940.67, for a total value of $34,804.79. Following the sale, the director now owns 1,789 shares of the company’s stock, valued at $1,682,858.63. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP James Grier Campbell sold 183 shares of the company’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $933.08, for a total transaction of $170,753.64. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 41,714 shares of company stock worth $39,425,705. Insiders own 13.92% of the company’s stock.

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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