Alphabet Inc (GOOG) Stake Lifted by Narwhal Capital Management

The stock of Alphabet Inc. The firm owned 3,509 shares of the company's stock after selling 1,390 shares during the period. Fisher Asset Management LLC's holdings in Alphabet were worth $234,106,000 at the end of the most recent quarter.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Signature Estate & Investment Advisors LLC purchased a new position in shares of Alphabet during the third quarter valued at approximately $102,000. The Oregon-based Mengis Capital Management Inc. has invested 2.47% in the stock. Quantbot Technologies LP now owns 156 shares of the company's stock valued at $121,000 after buying an additional 61 shares in the last quarter.

Grand Jean Capital Management Inc holds 5.54% of its portfolio in Alphabet Inc. for 16,101 shares. Archford Capital Strategies LLC now owns 1,040 shares of the information services provider's stock worth $139,000 after purchasing an additional 832 shares in the last quarter. Parkside Financial Bank & Trust raised its position in Alphabet by 39.6% in the second quarter. FMR LLC now owns 17,647,327 shares of the information services provider's stock valued at $16,406,366,000 after acquiring an additional 367,634 shares during the period. St. Johns Investment Management Company LLC increased its stake in Alphabet by 1,046.7% in the second quarter. Pathstone Family Office LLC now owns 222 shares of the company's stock worth $154,000 after buying an additional 15 shares during the last quarter. Insiders own 13.92% of the company's stock.

Shares of Alphabet Inc. The stock increased 0.17% or $1.91 during the last trading session, reaching $1112.05. The company's 50-day moving average price is $801.28 and its 200-day moving average price is $780.00. The lowest target is $700 while the high is $1258.

Alphabet (GOOGL) traded up $14.82 during trading on Friday, hitting $1,126.87. The information services provider reported $9.57 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $8.31 by $1.26. Alphabet had a return on equity of 14.85% and a net margin of 21.58%. The firm has "Outperform" rating by Credit Suisse given on Friday, October 23. During the same quarter in the prior year, the company posted $8.67 earnings per share. After having $9.57 EPS previously, Alphabet Inc.'s analysts see 5.64 % EPS growth.

GOOGL has been the topic of a number of research analyst reports. State Street Corp increased its stake in shares of Alphabet by 1.2% during the first quarter.

Among 51 analysts covering Google (NASDAQ:GOOGL), 46 have Buy rating, 0 Sell and 5 Hold. Bank of America reiterated a "buy" rating and set a $1,100.00 price objective on shares of Alphabet in a report on Tuesday, September 26th. Cantor Fitzgerald reiterated an "overweight" rating and set a $1,100.00 price objective on shares of Alphabet in a report on Saturday, September 23rd. Robert W. Baird restated a "buy" rating and set a $1,150.00 target price on shares of Alphabet in a report on Tuesday, January 2nd. The stock has a consensus rating of "Buy" and an average target price of $1,048.36.

In other Alphabet news, Director Ann Mather sold 38 shares of the business's stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $1,017.21, for a total transaction of $38,653.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

In other Alphabet news, CEO Sundar Pichai sold 4,000 shares of the stock in a transaction on Wednesday, October 18th. The shares were sold at an average price of $792.27, for a total transaction of $34,859.88. Following the transaction, the chief executive officer now owns 1,031 shares of the company's stock, valued at $1,098,231.51. The disclosure for this sale can be found here. Insiders sold 36,900 shares of company stock worth $37,877,147 over the last three months. Needham maintained Alphabet Inc. The Company holds interests in Google Inc (Google). 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. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.