Steigerwald Gordon & Koch Inc. increased its position in Alphabet Inc. ( NASDAQ:GOOGL - Free Report ) by 15.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,553 shares of the information services provider's stock after buying an additional 1,395 shares during the period. Steigerwald Gordon & Koch Inc.'s holdings in Alphabet were worth $1,474,000 at the end of the most recent quarter. Other hedge funds also recently made changes to their positions in the company. DE Burlo Group Inc. lifted its position in shares of Alphabet by 520.0% in the second quarter. DE Burlo Group Inc. now owns 96,498 shares of the information services provider's stock worth $11,551,000 after buying an additional 80,934 shares in the last quarter. West Tower Group LLC purchased a new stake in shares of Alphabet in the second quarter worth about $88,000. Ballast Advisors LLC increased its stake in Alphabet by 9.6% during the third quarter. Ballast Advisors LLC now owns 15,747 shares of the information services provider's stock worth $2,061,000 after acquiring an additional 1,385 shares during the last quarter. Quantum Financial Advisors LLC increased its stake in Alphabet by 8.0% during the third quarter. Quantum Financial Advisors LLC now owns 7,623 shares of the information services provider's stock worth $998,000 after acquiring an additional 564 shares during the last quarter. Finally, Acadian Asset Management LLC increased its stake in Alphabet by 2.4% during the third quarter. Acadian Asset Management LLC now owns 4,416,533 shares of the information services provider's stock worth $577,908,000 after acquiring an additional 104,366 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors. Alphabet Stock Up 0.4 % Alphabet stock opened at $150.67 on Wednesday. The business has a fifty day moving average of $143.17 and a two-hundred day moving average of $137.93. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.87 trillion, a P/E ratio of 25.98, a P/E/G ratio of 1.39 and a beta of 1.04. Alphabet Inc. has a twelve month low of $99.74 and a twelve month high of $153.78. Insider Activity In other news, Director John L. Hennessy sold 200 shares of the stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $143.49, for a total transaction of $28,698.00. Following the completion of the sale, the director now owns 6,784 shares in the company, valued at approximately $973,436.16. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website . In related news, insider John Kent Walker sold 28,281 shares of the company's stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $141.40, for a total value of $3,998,933.40. Following the transaction, the insider now directly owns 25,002 shares of the company's stock, valued at approximately $3,535,282.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . Also, Director John L. Hennessy sold 200 shares of the company's stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $143.49, for a total value of $28,698.00. Following the completion of the transaction, the director now directly owns 6,784 shares in the company, valued at $973,436.16. The disclosure for this sale can be found here . In the last quarter, insiders sold 279,659 shares of company stock worth $39,460,310. Insiders own 0.88% of the company's stock. Analyst Ratings Changes Several equities research analysts have weighed in on the company. KeyCorp boosted their price objective on Alphabet from $153.00 to $165.00 and gave the stock an "overweight" rating in a research note on Monday, January 29th. BMO Capital Markets boosted their price objective on Alphabet from $170.00 to $178.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 31st. Wolfe Research boosted their price objective on Alphabet from $170.00 to $180.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 31st. JMP Securities boosted their price objective on Alphabet from $150.00 to $160.00 and gave the stock a "market outperform" rating in a research note on Wednesday, January 31st. Finally, Truist Financial reduced their price objective on Alphabet from $160.00 to $158.00 and set a "buy" rating on the stock in a research note on Wednesday, January 31st. Five equities research 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. Based on data from MarketBeat, Alphabet has a consensus rating of "Moderate Buy" and a consensus target price of $155.48. Read Our Latest Stock Analysis on Alphabet About Alphabet ( Free Report ) 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. Further Reading Five stocks we like better than Alphabet Learn Technical Analysis Skills to Master the Stock Market 3 Stocks With Unusual Call Option Activity Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? Trump Media & Technology Group Soars on Market Debut Manufacturing Stocks Investing 3 Stocks Insiders Are Buying That Analysts Love Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter .
