Viridian Ria LLC bought a new stake in shares of Alphabet Inc Class A (NASDAQ:GOOGL) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,378 shares of the information services provider’s stock, valued at approximately $1,430,000. Alphabet Inc Class A makes up about 0.7% of Viridian Ria LLC’s portfolio, making the stock its 19th largest position.
Several other institutional investors have also made changes to their positions in the company. Vestpro Financial Partners Inc. dba CPF Texas acquired a new position in Alphabet Inc Class A in the fourth quarter worth about $108,000. Stuart Chaussee & Associates Inc. acquired a new position in Alphabet Inc Class A in the fourth quarter worth about $123,000. Lee Financial Co grew its stake in Alphabet Inc Class A by 500.0% in the fourth quarter. Lee Financial Co now owns 120 shares of the information services provider’s stock worth $126,000 after purchasing an additional 100 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new position in Alphabet Inc Class A in the third quarter worth about $137,000. Finally, Financial Gravity Companies Inc. acquired a new position in Alphabet Inc Class A in the fourth quarter worth about $138,000. Institutional investors own 33.28% of the company’s stock.
NASDAQ GOOGL opened at $1,126.78 on Friday. Alphabet Inc Class A has a 12 month low of $915.31 and a 12 month high of $1,201.49. The company has a current ratio of 4.87, a quick ratio of 4.85 and a debt-to-equity ratio of 0.02. The company has a market cap of $776.21 billion, a P/E ratio of 35.16, a P/E/G ratio of 1.60 and a beta of 1.06.
GOOGL has been the subject of a number of research reports. Vetr upgraded Alphabet Inc Class A from a “buy” rating to a “strong-buy” rating and set a $1,192.20 price target for the company in a research note on Friday, March 23rd. Canaccord Genuity reiterated a “hold” rating on shares of Alphabet Inc Class A in a research note on Tuesday, April 24th. MED began coverage on shares of Alphabet Inc Class A in a report on Wednesday, April 11th. They issued a “buy” rating and a $1,036.50 target price on the stock. Zacks Investment Research cut shares of Alphabet Inc Class A from a “buy” rating to a “sell” rating in a report on Wednesday, April 11th. Finally, Credit Suisse Group reissued an “outperform” rating on shares of Alphabet Inc Class A in a report on Friday, April 20th. Five research analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $1,201.44.
Alphabet Inc Class A Profile
Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.
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