Etesian Wealth Advisors Inc. Has $1.39 Million Stock Holdings in Alphabet Inc. (NASDAQ:GOOGL)

Etesian Wealth Advisors Inc. boosted its stake in Alphabet Inc. (NASDAQ:GOOGL) by 3.9% in the third quarter, HoldingsChannel reports. The firm owned 8,384 shares of the information services provider’s stock after buying an additional 312 shares during the period. Etesian Wealth Advisors Inc.’s holdings in Alphabet were worth $1,391,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Christopher J. Hasenberg Inc grew its holdings in shares of Alphabet by 75.0% during the second quarter. Christopher J. Hasenberg Inc now owns 140 shares of the information services provider’s stock valued at $26,000 after buying an additional 60 shares during the last quarter. Kings Path Partners LLC acquired a new position in shares of Alphabet during the second quarter valued at about $36,000. Tributary Capital Management LLC acquired a new position in shares of Alphabet during the first quarter valued at about $30,000. Denver PWM LLC acquired a new position in shares of Alphabet during the second quarter valued at about $41,000. Finally, Quarry LP acquired a new position in shares of Alphabet during the second quarter valued at about $53,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Alphabet news, CAO Amie Thuener O’toole sold 1,367 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $168.84, for a total value of $230,804.28. Following the sale, the chief accounting officer now owns 29,183 shares of the company’s stock, valued at $4,927,257.72. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Alphabet news, CAO Amie Thuener O’toole sold 1,367 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $168.84, for a total value of $230,804.28. Following the completion of the transaction, the chief accounting officer now owns 29,183 shares of the company’s stock, valued at $4,927,257.72. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John L. Hennessy sold 800 shares of the firm’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $153.75, for a total transaction of $123,000.00. Following the sale, the director now owns 28,524 shares in the company, valued at approximately $4,385,565. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 220,426 shares of company stock worth $35,993,340 over the last ninety days. 11.55% of the stock is owned by corporate insiders.

Alphabet Trading Up 1.8 %

Alphabet stock opened at $169.68 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.08 and a current ratio of 2.08. Alphabet Inc. has a fifty-two week low of $122.68 and a fifty-two week high of $191.75. The stock has a market cap of $2.10 trillion, a P/E ratio of 26.02, a PEG ratio of 1.27 and a beta of 1.04. The firm’s fifty day moving average price is $162.00 and its 200-day moving average price is $168.74.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on GOOGL shares. Scotiabank upgraded shares of Alphabet to a “strong-buy” rating in a report on Friday, October 11th. Cantor Fitzgerald reissued a “neutral” rating and set a $190.00 price target on shares of Alphabet in a research report on Monday, October 7th. Roth Mkm reissued a “buy” rating and set a $206.00 price target on shares of Alphabet in a research report on Thursday, August 29th. Morgan Stanley dropped their price target on shares of Alphabet from $205.00 to $190.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 3rd. Finally, Pivotal Research raised shares of Alphabet to a “strong-buy” rating in a research report on Tuesday, October 1st. Seven equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $201.76.

Alphabet 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.