jvl associates llc Acquires 382 Shares of Alphabet Inc. (NASDAQ:GOOGL)

jvl associates llc lifted its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 2.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,429 shares of the information services provider’s stock after buying an additional 382 shares during the quarter. Alphabet comprises 1.0% of jvl associates llc’s portfolio, making the stock its 15th biggest holding. jvl associates llc’s holdings in Alphabet were worth $2,155,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. DC Investments Management LLC acquired a new position in Alphabet during the 1st quarter valued at about $114,000. Bridgefront Capital LLC acquired a new position in Alphabet during the 1st quarter valued at about $225,000. Worth Asset Management LLC acquired a new position in Alphabet during the 1st quarter valued at about $206,000. Eudaimonia Advisors LLC lifted its position in Alphabet by 15.1% during the 1st quarter. Eudaimonia Advisors LLC now owns 99 shares of the information services provider’s stock valued at $275,000 after purchasing an additional 13 shares during the period. Finally, Aspire Capital Advisors LLC acquired a new position in Alphabet during the 1st quarter valued at about $281,000. 40.03% of the stock is owned by institutional investors.

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 22,500 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $148.78, for a total value of $3,347,550.00. Following the completion of the transaction, the chief executive officer now owns 2,310,191 shares of the company’s stock, valued at $343,710,216.98. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CFO Ruth Porat sold 48,077 shares of the business’s stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $137.22, for a total value of $6,597,125.94. Following the completion of the transaction, the chief financial officer now owns 1,777,106 shares of the company’s stock, valued at $243,854,485.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 22,500 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $148.78, for a total value of $3,347,550.00. Following the completion of the transaction, the chief executive officer now directly owns 2,310,191 shares of the company’s stock, valued at approximately $343,710,216.98. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 251,138 shares of company stock valued at $35,427,655. 0.88% of the stock is currently owned by corporate insiders.

Alphabet Price Performance

NASDAQ:GOOGL opened at $150.93 on Friday. Alphabet Inc. has a 1-year low of $99.78 and a 1-year high of $153.78. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.05. The firm has a fifty day simple moving average of $143.52 and a 200 day simple moving average of $138.12. The stock has a market capitalization of $1.88 trillion, a PE ratio of 26.02, a P/E/G ratio of 1.39 and a beta of 1.04.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Tuesday, January 30th. The information services provider reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.04. Alphabet had a net margin of 24.01% and a return on equity of 27.22%. The business had revenue of $86.31 billion during the quarter, compared to analysts’ expectations of $70.77 billion. During the same period last year, the business earned $1.05 earnings per share. On average, research analysts expect that Alphabet Inc. will post 6.77 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on GOOGL shares. Wolfe Research increased their price target on shares of Alphabet from $170.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Rosenblatt Securities cut their price target on shares of Alphabet from $174.00 to $172.00 and set a “buy” rating on the stock in a research report on Wednesday, January 31st. JMP Securities increased their price target on shares of Alphabet from $150.00 to $160.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 31st. Wedbush increased their price target on shares of Alphabet from $160.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, March 22nd. Finally, Redburn Atlantic increased their price target on shares of Alphabet from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, January 31st. Five investment analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $155.48.

About Alphabet

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.