Traders sold shares of Alphabet Inc. (NASDAQ:GOOGL) on strength during trading hours on Monday. $348.56 million flowed into the stock on the tick-up and $391.66 million flowed out of the stock on the tick-down, for a money net flow of $43.10 million out of the stock. Of all stocks tracked, Alphabet had the 0th highest net out-flow for the day. Alphabet traded up $17.57 for the day and closed at $753.20

Several research firms have recently weighed in on GOOGL. Macquarie reissued an “outperform” rating on shares of Alphabet in a research report on Tuesday. Susquehanna reissued a “positive” rating and issued a $930.00 price objective on shares of Alphabet in a research report on Monday. Jefferies Group reissued a “buy” rating and issued a $925.00 price objective on shares of Alphabet in a research report on Monday. Robert W. Baird reissued a “buy” rating on shares of Alphabet in a research report on Sunday. Finally, Bank of America Corp. reissued a “buy” rating and issued a $925.00 price objective on shares of Alphabet in a research report on Sunday. Three analysts have rated the stock with a hold rating and forty-seven have assigned a buy rating to the stock. Alphabet has an average rating of “Buy” and an average target price of $905.28.

The company has a market capitalization of $517.11 billion and a P/E ratio of 30.65. The stock has a 50-day moving average price of $721.84 and a 200-day moving average price of $734.22.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Thursday, April 21st. The company reported $7.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.96 by $0.46. During the same quarter in the prior year, the company posted $6.47 EPS. On average, analysts anticipate that Alphabet Inc. will post $33.48 EPS for the current year.

Other institutional investors have modified their holdings of the company. Mandatum Life Insurance Co Ltd acquired a new position in shares of Alphabet during the fourth quarter worth approximately $1,033,000. Enterprise Financial Services Corp boosted its position in shares of Alphabet by 5.2% in the fourth quarter. Enterprise Financial Services Corp now owns 1,349 shares of the company’s stock worth $1,050,000 after buying an additional 67 shares during the last quarter. Hamilton Point Investment Advisors LLC boosted its position in shares of Alphabet by 1.9% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 1,389 shares of the company’s stock worth $1,081,000 after buying an additional 26 shares during the last quarter. Sheets Smith Wealth Management acquired a new position in shares of Alphabet during the fourth quarter worth approximately $1,151,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new position in shares of Alphabet during the fourth quarter worth approximately $1,221,000.

Alphabet Inc is a holding company. The Company holds interests in Google Inc (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.

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