Alphabet Inc (NASDAQ:GOOG) is Windward Capital Management Co. CA’s 9th Largest Position

Windward Capital Management Co. CA lessened its stake in shares of Alphabet Inc (NASDAQ:GOOG) by 0.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,226 shares of the information services provider’s stock after selling 22 shares during the quarter. Alphabet comprises 2.8% of Windward Capital Management Co. CA’s portfolio, making the stock its 9th largest holding. Windward Capital Management Co. CA’s holdings in Alphabet were worth $23,436,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of GOOG. Vanguard Group Inc. grew its holdings in shares of Alphabet by 1.2% during the second quarter. Vanguard Group Inc. now owns 22,708,312 shares of the information services provider’s stock worth $24,545,641,000 after purchasing an additional 259,979 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Alphabet by 3.1% during the second quarter. BlackRock Inc. now owns 20,205,186 shares of the information services provider’s stock worth $21,839,988,000 after purchasing an additional 612,804 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Alphabet by 6.2% during the second quarter. Price T Rowe Associates Inc. MD now owns 11,480,467 shares of the information services provider’s stock worth $12,409,352,000 after purchasing an additional 674,924 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Alphabet by 0.8% during the second quarter. Northern Trust Corp now owns 4,199,889 shares of the information services provider’s stock worth $4,539,702,000 after purchasing an additional 31,873 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Alphabet by 5.7% during the second quarter. Invesco Ltd. now owns 3,715,122 shares of the information services provider’s stock worth $4,015,713,000 after purchasing an additional 199,097 shares in the last quarter. 33.82% of the stock is owned by institutional investors and hedge funds.

NASDAQ:GOOG traded up $11.82 during mid-day trading on Tuesday, reaching $1,228.96. The stock had a trading volume of 179,165 shares, compared to its average volume of 1,301,481. The firm has a 50 day moving average price of $1,208.67 and a two-hundred day moving average price of $1,172.06. The stock has a market capitalization of $842.79 billion, a P/E ratio of 25.87, a P/E/G ratio of 1.42 and a beta of 0.99. Alphabet Inc has a one year low of $970.11 and a one year high of $1,289.27. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.96 and a current ratio of 3.98.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, July 25th. The information services provider reported $14.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $11.49 by $2.72. The company had revenue of $38.94 billion during the quarter, compared to the consensus estimate of $38.21 billion. Alphabet had a return on equity of 20.15% and a net margin of 23.43%. Alphabet’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $11.75 EPS. Research analysts forecast that Alphabet Inc will post 51.66 earnings per share for the current year.

In other Alphabet news, SVP David C. Drummond sold 1,600 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $1,215.39, for a total value of $1,944,624.00. Following the completion of the sale, the senior vice president now owns 44,482 shares in the company, valued at $54,062,977.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Amie Thuener O’toole sold 55 shares of the business’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $1,195.00, for a total value of $65,725.00. Following the completion of the sale, the chief accounting officer now owns 388 shares of the company’s stock, valued at approximately $463,660. The disclosure for this sale can be found here. Insiders sold a total of 5,391 shares of company stock valued at $6,502,992 in the last 90 days. 12.99% of the stock is currently owned by corporate insiders.

GOOG has been the subject of several recent analyst reports. Cowen boosted their price objective on Alphabet from $1,400.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Deutsche Bank reissued a “buy” rating on shares of Alphabet in a report on Thursday, October 3rd. Credit Suisse Group boosted their price objective on Alphabet from $1,400.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a report on Friday, July 26th. Finally, Goldman Sachs Group reissued a “buy” rating on shares of Alphabet in a report on Tuesday, July 23rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-five have issued a buy rating to the company’s stock. Alphabet has an average rating of “Buy” and an average price target of $1,378.93.

Alphabet Profile

Alphabet Inc provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It offers performance and brand advertising services. The company operates through Google and Other Bets segments. The Google segment offers products, such as Ads, Android, Chrome, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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