Alphabet Inc. (NASDAQ:GOOGL) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $813.33 and last traded at $810.77, with a volume of 755,198 shares. The stock had previously closed at $805.23.

GOOGL has been the subject of a number of research analyst reports. Susquehanna reissued a “positive” rating and issued a $930.00 target price on shares of Alphabet in a research report on Monday, July 18th. Jefferies Group reissued a “buy” rating and issued a $925.00 target price on shares of Alphabet in a research report on Monday, July 18th. Vetr cut Alphabet from a “strong-buy” rating to a “buy” rating and set a $803.74 target price for the company. in a research report on Monday, July 11th. Stifel Nicolaus decreased their target price on Alphabet from $930.00 to $888.00 and set a “buy” rating for the company in a research report on Friday, April 22nd. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $940.00 target price on shares of Alphabet in a research report on Tuesday, July 5th. Three research analysts have rated the stock with a hold rating, forty-seven have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $919.88.

The firm has a market capitalization of $555.31 billion and a price-to-earnings ratio of 31.3067. The stock has a 50-day moving average of $740.79 and a 200 day moving average of $738.88.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Thursday, July 28th. The company reported $8.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $8.04 by $0.38. Analysts anticipate that Alphabet Inc. will post $34.26 EPS for the current year.

Other hedge funds and institutional investors recently made changes to their positions in the company. Argent Capital Management LLC raised its position in shares of Alphabet by 4.9% in the fourth quarter. Argent Capital Management LLC now owns 83,490 shares of the company’s stock worth $64,956,000 after buying an additional 3,931 shares in the last quarter. Braver Wealth Management LLC bought a new position in shares of Alphabet during the fourth quarter worth approximately $3,157,000. Venturi Wealth Management LLC bought a new position in shares of Alphabet during the fourth quarter worth approximately $1,004,000. American International Group Inc. raised its position in shares of Alphabet by 1,600.4% in the fourth quarter. American International Group Inc. now owns 139,039 shares of the company’s stock worth $108,174,000 after buying an additional 130,862 shares in the last quarter. Finally, BlackRock Investment Management LLC raised its position in shares of Alphabet by 1.0% in the fourth quarter. BlackRock Investment Management LLC now owns 1,362,988 shares of the company’s stock worth $1,060,418,000 after buying an additional 13,325 shares in the last quarter.

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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