Consilio Wealth Advisors LLC Purchases 925 Shares of Alphabet Inc. (NASDAQ:GOOGL)

Consilio Wealth Advisors LLC lifted its position in Alphabet Inc. (NASDAQ:GOOGL) by 10.7% during the 4th quarter, Holdings Channel reports. The firm owned 9,578 shares of the information services provider’s stock after buying an additional 925 shares during the quarter. Alphabet makes up 0.7% of Consilio Wealth Advisors LLC’s investment portfolio, making the stock its 20th biggest holding. Consilio Wealth Advisors LLC’s holdings in Alphabet were worth $1,813,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Sivia Capital Partners LLC grew its holdings in shares of Alphabet by 1.6% in the 4th quarter. Sivia Capital Partners LLC now owns 16,936 shares of the information services provider’s stock worth $3,206,000 after purchasing an additional 268 shares during the last quarter. Fulcrum Capital LLC lifted its position in Alphabet by 0.3% during the 4th quarter. Fulcrum Capital LLC now owns 107,158 shares of the information services provider’s stock worth $20,285,000 after buying an additional 348 shares in the last quarter. Forza Wealth Management LLC lifted its position in Alphabet by 6.7% during the 4th quarter. Forza Wealth Management LLC now owns 12,558 shares of the information services provider’s stock worth $2,377,000 after buying an additional 793 shares in the last quarter. Accelerate Investment Advisors LLC lifted its position in Alphabet by 3.3% during the 4th quarter. Accelerate Investment Advisors LLC now owns 2,736 shares of the information services provider’s stock worth $518,000 after buying an additional 87 shares in the last quarter. Finally, Cooper Financial Group lifted its position in Alphabet by 9.6% during the 4th quarter. Cooper Financial Group now owns 68,368 shares of the information services provider’s stock worth $12,942,000 after buying an additional 5,988 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Insider Activity

In other Alphabet news, CEO Sundar Pichai sold 22,500 shares of the firm’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $166.30, for a total transaction of $3,741,750.00. Following the completion of the sale, the chief executive officer now owns 2,106,806 shares of the company’s stock, valued at $350,361,837.80. This trade represents a 1.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kavitark Ram Shriram sold 37,134 shares of Alphabet stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $185.02, for a total value of $6,870,532.68. Following the sale, the director now directly owns 282,832 shares of the company’s stock, valued at $52,329,576.64. This represents a 11.61 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 153,053 shares of company stock valued at $27,559,701. 11.55% of the stock is owned by insiders.

Alphabet Price Performance

Shares of GOOGL opened at $191.01 on Tuesday. The stock has a market capitalization of $2.34 trillion, a P/E ratio of 25.33, a P/E/G ratio of 1.35 and a beta of 0.98. Alphabet Inc. has a twelve month low of $130.66 and a twelve month high of $201.42. The company has a 50 day moving average of $183.05 and a 200-day moving average of $172.99. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.04.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Tuesday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.29. The company had revenue of $88.27 billion during the quarter, compared to analysts’ expectations of $72.85 billion. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. During the same period last year, the business earned $1.55 EPS. As a group, equities research analysts forecast that Alphabet Inc. will post 8.01 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 9th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.42%. The ex-dividend date was Monday, December 9th. Alphabet’s payout ratio is presently 10.61%.

Analyst Ratings Changes

GOOGL has been the topic of several research reports. Seaport Res Ptn upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 29th. Wedbush upped their price target on shares of Alphabet from $210.00 to $220.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Wolfe Research upped their price target on shares of Alphabet from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Roth Mkm upped their price target on shares of Alphabet from $206.00 to $212.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, Bank of America restated a “buy” rating and set a $210.00 target price on shares of Alphabet in a research report on Monday, December 23rd. Nine equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and four have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $208.15.

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.