Alphabet Inc. (NASDAQ:GOOG) Shares Purchased by Little House Capital LLC

Little House Capital LLC increased its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 48.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,536 shares of the information services provider's stock after acquiring an additional 4,395 shares during the period. Little House Capital LLC's holdings in Alphabet were worth $1,908,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in Alphabet by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 95,941,129 shares of the information services provider's stock worth $12,649,838,000 after acquiring an additional 9,703,425 shares during the period. International Assets Investment Management LLC bought a new position in Alphabet in the fourth quarter worth about $11,600,970,000. FMR LLC boosted its position in Alphabet by 3.8% during the 3rd quarter. FMR LLC now owns 120,234,117 shares of the information services provider's stock valued at $15,852,868,000 after acquiring an additional 4,348,188 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of Alphabet by 198.7% during the 4th quarter. Cerity Partners LLC now owns 3,882,882 shares of the information services provider's stock worth $547,215,000 after acquiring an additional 2,583,128 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in Alphabet by 93.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 4,591,383 shares of the information services provider's stock worth $647,064,000 after buying an additional 2,222,950 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 2,100 shares of the business's stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $175.76, for a total transaction of $369,096.00. Following the sale, the director now directly owns 5,891 shares of the company's stock, valued at $1,035,402.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Alphabet news, CFO Ruth Porat sold 48,077 shares of the firm's stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $137.22, for a total value of $6,597,125.94. Following the completion of the sale, the chief financial officer now owns 1,777,106 shares of the company's stock, valued at $243,854,485.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 2,100 shares of the company's stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $175.76, for a total value of $369,096.00. Following the transaction, the director now directly owns 5,891 shares in the company, valued at approximately $1,035,402.16. The disclosure for this sale can be found here. Insiders have sold a total of 253,439 shares of company stock worth $36,746,578 in the last three months. Insiders own 12.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on GOOG shares. Morgan Stanley reissued an "overweight" rating and set a $165.00 price target on shares of Alphabet in a report on Thursday, April 11th. Stifel Nicolaus raised their price objective on shares of Alphabet from $154.00 to $174.00 and gave the stock a "buy" rating in a report on Tuesday, April 16th. Oppenheimer upped their target price on shares of Alphabet from $172.00 to $185.00 and gave the company an "outperform" rating in a report on Monday, April 8th. Raymond James boosted their price objective on shares of Alphabet from $150.00 to $160.00 and gave the company an "outperform" rating in a research report on Wednesday, January 24th. Finally, Susquehanna lifted their target price on Alphabet from $150.00 to $170.00 and gave the company a "positive" rating in a research report on Wednesday, January 31st. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Alphabet presently has an average rating of "Buy" and an average target price of $165.67.

Alphabet Price Performance

Shares of NASDAQ GOOG traded down $5.79 during mid-day trading on Monday, reaching $167.90. The company's stock had a trading volume of 35,888,579 shares, compared to its average volume of 22,805,301. The stock has a fifty day moving average of $149.64 and a two-hundred day moving average of $142.97. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.15 and a quick ratio of 2.10. Alphabet Inc. has a 52 week low of $104.50 and a 52 week high of $176.42. The firm has a market capitalization of $2.09 trillion, a PE ratio of 25.75, a P/E/G ratio of 1.59 and a beta of 1.05.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its earnings results on Thursday, April 25th. The information services provider reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.51 by $0.38. The firm had revenue of $80.54 billion during the quarter, compared to analyst estimates of $78.75 billion. Alphabet had a net margin of 25.90% and a return on equity of 29.52%. Alphabet's revenue for the quarter was up 15.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.17 earnings per share. As a group, sell-side analysts anticipate that Alphabet Inc. will post 6.8 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a -- dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 10th will be given a $0.20 dividend. The ex-dividend date is Monday, June 10th.

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.