Yorktown Management & Research Co Inc Holds Holdings in Alphabet Inc (GOOG)

Yorktown Management & Research Co Inc continued to hold its stake in Alphabet Inc (NASDAQ:GOOG) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 250 shares of the information services provider’s stock at the close of the second quarter. Yorktown Management & Research Co Inc’s holdings in Alphabet were worth $227,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Burt Wealth Advisors boosted its holdings in shares of Alphabet by 17.2% in the second quarter. Burt Wealth Advisors now owns 136 shares of the information services provider’s stock valued at $123,000 after buying an additional 20 shares during the period. Farmers National Bank boosted its holdings in Alphabet by 15.0% during the first quarter. Farmers National Bank now owns 161 shares of the information services provider’s stock worth $134,000 after purchasing an additional 21 shares during the last quarter. Almanack Investment Partners LLC. boosted its holdings in 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 boosted its holdings in 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 boosted its holdings in 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. Hedge funds and other institutional investors own 34.74% of the company’s stock.

In other news, SVP David C. Drummond sold 1,496 shares of Alphabet stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $939.76, for a total value of $1,405,880.96. Following the completion of the sale, the senior vice president now owns 52 shares in the company, valued at approximately $48,867.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 4,000 shares of Alphabet stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $1,002.86, for a total transaction of $4,011,440.00. Following the completion of the sale, the chief executive officer now owns 1,178 shares of the company’s stock, valued at approximately $1,181,369.08. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,396 shares of company stock valued at $38,242,981. Company insiders own 13.92% of the company’s stock.

Alphabet Inc (NASDAQ:GOOG) opened at $1,030.93 on Friday. 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 $767.23 and a fifty-two week high of $1,062.38. The stock has a market cap of $721,310.00, a P/E ratio of 33.65 and a beta of 0.94.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results 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 firm had revenue of $27.77 billion during the quarter, compared to analyst estimates of $27.17 billion. During the same quarter last year, the business earned $9.06 EPS. The company’s revenue was up 23.7% compared to the same quarter last year.

Several brokerages recently commented on GOOG. Vetr cut shares of Alphabet from a “buy” rating to a “hold” rating and set a $1,065.12 target price for the company. in a report on Thursday. SunTrust Banks began coverage on shares of Alphabet in a report on Wednesday, August 16th. They set a “buy” rating and a $1,100.00 target price for the company. MKM Partners restated a “buy” rating and set a $1,210.00 target price (up previously from $1,170.00) on shares of Alphabet in a report on Thursday, August 10th. BidaskClub lowered shares of Alphabet from a “buy” rating to a “hold” rating in a research report on Thursday, August 17th. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $1,100.00 price target on shares of Alphabet in a research report on Saturday, September 23rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-eight have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $1,047.45.

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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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