Alphabet Inc. (NASDAQ:GOOGL) is AMS Capital Ltda's 4th Largest Position

AMS Capital Ltda trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 13.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 69,603 shares of the information services provider's stock after selling 10,957 shares during the period. Alphabet makes up about 3.6% of AMS Capital Ltda's investment portfolio, making the stock its 4th biggest position. AMS Capital Ltda's holdings in Alphabet were worth $9,723,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Alphabet by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 487,435,495 shares of the information services provider's stock worth $63,785,809,000 after acquiring an additional 1,302,104 shares during the period. FMR LLC lifted its holdings in Alphabet by 5.6% during the 3rd quarter. FMR LLC now owns 227,317,469 shares of the information services provider's stock valued at $29,746,764,000 after purchasing an additional 12,070,681 shares during the last quarter. State Street Corp lifted its holdings in Alphabet by 0.8% during the 2nd quarter. State Street Corp now owns 218,540,033 shares of the information services provider's stock valued at $26,159,242,000 after purchasing an additional 1,666,205 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in Alphabet by 111,197.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 170,420,243 shares of the information services provider's stock valued at $15,036,178,000 after purchasing an additional 170,267,122 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Alphabet by 1.3% during the 1st quarter. Geode Capital Management LLC now owns 118,576,618 shares of the information services provider's stock valued at $12,271,705,000 after purchasing an additional 1,499,107 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Alphabet Trading Up 3.0 %

NASDAQ GOOGL traded up $4.56 during trading on Monday, reaching $155.49. 31,695,598 shares of the stock traded hands, compared to its average volume of 31,189,689. The firm has a market cap of $1.93 trillion, a price-to-earnings ratio of 26.81, a price-to-earnings-growth ratio of 1.39 and a beta of 1.05. The stock's 50-day moving average price is $143.76 and its 200 day moving average price is $138.34. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.05. Alphabet Inc. has a fifty-two week low of $101.93 and a fifty-two week high of $155.74.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings results on Tuesday, January 30th. The information services provider reported $1.64 earnings per share for the quarter, beating analysts' consensus estimates of $1.60 by $0.04. Alphabet had a net margin of 24.01% and a return on equity of 27.22%. The firm had revenue of $86.31 billion for the quarter, compared to analyst estimates of $70.77 billion. During the same quarter in the previous year, the firm posted $1.05 earnings per share. Analysts predict that Alphabet Inc. will post 6.77 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. StockNews.com raised shares of Alphabet from a "buy" rating to a "strong-buy" rating in a report on Wednesday, December 20th. Roth Mkm cut their price target on shares of Alphabet from $166.00 to $164.00 and set a "buy" rating for the company in a report on Wednesday, January 31st. Citigroup boosted their target price on shares of Alphabet from $153.00 to $168.00 and gave the stock a "buy" rating in a research note on Wednesday, January 31st. Barclays dropped their target price on shares of Alphabet from $180.00 to $173.00 and set an "overweight" rating for the company in a research note on Wednesday, January 31st. Finally, Mizuho boosted their target price on shares of Alphabet from $155.00 to $170.00 and gave the stock a "buy" rating in a research note on Wednesday, January 17th. Five analysts have rated the stock with a hold rating, twenty-six have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $155.48.

Insider Buying and Selling at Alphabet

In other Alphabet news, SVP Prabhakar Raghavan sold 16,088 shares of Alphabet stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $139.10, for a total value of $2,237,840.80. Following the transaction, the senior vice president now owns 52,440 shares of the company's stock, valued at $7,294,404. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider John Kent Walker sold 48,076 shares of the business's stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $142.20, for a total value of $6,836,407.20. Following the sale, the insider now owns 12,725 shares of the company's stock, valued at $1,809,495. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Prabhakar Raghavan sold 16,088 shares of the business's stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $139.10, for a total transaction of $2,237,840.80. Following the completion of the sale, the senior vice president now directly owns 52,440 shares in the company, valued at approximately $7,294,404. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 263,312 shares of company stock valued at $37,268,315. 0.88% of the stock is currently owned by corporate insiders.

Alphabet Company Profile

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.