Integrity Wealth Solutions LLC Has $938,000 Holdings in Alphabet Inc. (NASDAQ:GOOGL)

Integrity Wealth Solutions LLC increased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 23.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,958 shares of the information services provider’s stock after acquiring an additional 935 shares during the quarter. Integrity Wealth Solutions LLC’s holdings in Alphabet were worth $938,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in GOOGL. LMR Partners LLP acquired a new position in Alphabet in the 3rd quarter valued at approximately $32,000. E Fund Management Hong Kong Co. Ltd. grew its position in Alphabet by 518.8% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the information services provider’s stock worth $37,000 after acquiring an additional 166 shares in the last quarter. Denver PWM LLC grew its position in Alphabet by 25.4% in the third quarter. Denver PWM LLC now owns 281 shares of the information services provider’s stock worth $47,000 after acquiring an additional 57 shares in the last quarter. Quarry LP bought a new stake in Alphabet in the second quarter worth approximately $53,000. Finally, Teachers Insurance & Annuity Association of America bought a new stake in Alphabet in the third quarter worth approximately $66,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Activity

In other news, CAO Amie Thuener O’toole sold 1,367 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $170.41, for a total value of $232,950.47. Following the transaction, the chief accounting officer now owns 23,515 shares of the company’s stock, valued at approximately $4,007,191.15. This trade represents a 5.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Kent Walker sold 16,820 shares of the firm’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $192.62, for a total transaction of $3,239,868.40. Following the completion of the transaction, the insider now directly owns 43,981 shares in the company, valued at $8,471,620.22. This trade represents a 27.66 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 122,529 shares of company stock valued at $22,453,483. 11.55% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on GOOGL. Wolfe Research boosted their target price 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. Cantor Fitzgerald decreased their target price on shares of Alphabet from $215.00 to $210.00 and set a “neutral” rating for the company in a research report on Wednesday, January 22nd. JMP Securities reaffirmed a “market perform” rating on shares of Alphabet in a report on Monday, January 27th. Truist Financial upped their price objective on shares of Alphabet from $220.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, Seaport Res Ptn raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 29th. Nine investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

Alphabet Trading Down 1.4 %

GOOGL opened at $201.23 on Tuesday. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $2.46 trillion, a PE ratio of 26.69, a PEG ratio of 1.31 and a beta of 0.99. Alphabet Inc. has a 1-year low of $130.66 and a 1-year high of $205.48. The firm has a 50-day moving average price of $188.97 and a two-hundred day moving average price of $174.03.

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.