Brokerages Anticipate Alphabet Inc (GOOGL) to Announce $10.13 EPS

The institutional investor owned 11,953 shares of the information services provider's stock after selling 6,895 shares during the period.

More notable recent Alphabet Inc.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sei Investments Co. now owns 310,604 shares of the information services provider's stock worth $263,330,000 after buying an additional 8,370 shares during the last quarter. Perennial Advisors LLC increased its stake in Alphabet by 8.7% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 137 shares of the information services provider's stock valued at $124,000 after purchasing an additional 5 shares in the last quarter. Finally, Grassi Investment Management boosted its stake in shares of Alphabet by 45.8% in the second quarter. Harbour Capital Advisors LLC now owns 1,993,754 shares of the information services provider's stock valued at $2,194,000 after purchasing an additional 1,991,465 shares during the last quarter. Almanack Investment Partners LLC. increased its stake in Alphabet by 4.5% in the 2nd quarter. Almanack Investment Partners LLC. now owns 162 shares of the information services provider's stock worth $147,000 after buying an additional 7 shares in the last quarter. Finally, Taurus Asset Management LLC increased its stake in Alphabet by 0.9% during the 2nd quarter. BlackRock Inc. now owns 18,058,006 shares of the information services provider's stock valued at $16,409,850,000 after purchasing an additional 826,480 shares during the last quarter.

GOOG has been the subject of several research reports. The rating has been shown in an analyst report on 27 October. (NASDAQ:GOOGL) on Tuesday, July 25 with "Buy" rating. UBS Group reiterated a "buy" rating on shares of Alphabet in a report on Thursday. Axiom Capital maintained it with "Buy" rating and $1001 target in Tuesday, February 2 report. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, thirty-seven have issued a buy rating and one has given a strong buy rating to the company's stock. The company has a consensus rating of "Buy" and an average target price of $943.88. The stock was sold at an average price of $1,002.86, for a total transaction of $4,011,440.00. They set a "buy" rating and a $980.00 price target on the stock. Following the completion of 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 the SEC website.

On Wednesday, December 6th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $993.58, for a total transaction of $3,974,320.00. Following the transaction, the chief executive officer now owns 803 shares in the company, valued at $861,329.92. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 36,900 shares of company stock valued at $37,877,147. After $9.57 actual earnings per share reported by Alphabet Inc. for the previous quarter, Wall Street now forecasts 5.64 % EPS growth. The firm has a market cap of $733,675.13, a PE ratio of 35.27, a price-to-earnings-growth ratio of 1.77 and a beta of 0.89. Alphabet Inc. has a 1-year low of $672.66 and a 1-year high of $839.00.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, October 26th. The information services provider reported $9.57 EPS for the quarter, topping the consensus estimate of $8.43 by $1.14. The company had revenue of $27.77 billion during the quarter, compared to analyst estimates of $27.17 billion. Alphabet had a net margin of 20.09% and a return on equity of 14.26%. Foothills Asset Management Ltd. boosted its stake in shares of Alphabet by 0.4% in the second quarter.

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Analysts await Alphabet Inc. If you are viewing this piece on another domain, it was copied illegally and republished in violation of U.S. and worldwide trademark & copyright laws. More interesting news about Alphabet Inc. Karp Capital Management Corp increased its holdings in Alphabet by 5,218.2% during the first quarter. It operates through Google and Other Bets divisions. 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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