Investors sold shares of Alphabet Inc. (NASDAQ:GOOGL) on strength during trading hours on Thursday. $236.45 million flowed into the stock on the tick-up and $319.91 million flowed out of the stock on the tick-down, for a money net flow of $83.46 million out of the stock. Of all equities tracked, Alphabet had the 0th highest net out-flow for the day. Alphabet traded up $1.55 for the day and closed at $791.40

Several equities analysts have recently issued reports on GOOGL shares. Vetr downgraded shares of Alphabet from a “strong-buy” rating to a “buy” rating and set a $809.35 price target for the company. in a research note on Monday, May 9th. Bank of America Corp. reaffirmed a “buy” rating and set a $960.00 price target on shares of Alphabet in a research note on Wednesday. Morgan Stanley reaffirmed an “overweight” rating and set a $865.00 price target on shares of Alphabet in a research note on Wednesday, July 20th. Axiom Securities reaffirmed a “buy” rating and set a $970.00 price target (down previously from $1,001.00) on shares of Alphabet in a research note on Wednesday, June 29th. Finally, TheStreet downgraded shares of Alphabet to a “hold” rating in a research note on Thursday, May 26th. Two investment analysts have rated the stock with a hold rating, forty-seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Alphabet presently has a consensus rating of “Buy” and an average price target of $925.10.

The stock has a market capitalization of $543.91 billion and a price-to-earnings ratio of 30.66. The firm’s 50 day moving average is $785.54 and its 200 day moving average is $747.51.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Thursday, July 28th. The company reported $8.42 EPS for the quarter, topping analysts’ consensus estimates of $8.04 by $0.38. Equities analysts expect that Alphabet Inc. will post $34.25 earnings per share for the current fiscal year.

Other large investors recently added to or reduced their stakes in the company. RidgeWorth Capital Management LLC boosted its stake in Alphabet by 0.3% in the fourth quarter. RidgeWorth Capital Management LLC now owns 51,123 shares of the company’s stock valued at $39,774,000 after buying an additional 173 shares during the last quarter. Bailard Inc. bought a new stake in Alphabet during the fourth quarter valued at about $4,629,000. Hamilton Point Investment Advisors LLC boosted its stake in Alphabet by 1.9% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 1,389 shares of the company’s stock valued at $1,081,000 after buying an additional 26 shares during the last quarter. Genesee Valley Trust Co. boosted its stake in Alphabet by 1.7% in the fourth quarter. Genesee Valley Trust Co. now owns 2,600 shares of the company’s stock valued at $2,023,000 after buying an additional 44 shares during the last quarter. Finally, Mutual of America Capital Management LLC boosted its stake in Alphabet by 1.1% in the fourth quarter. Mutual of America Capital Management LLC now owns 35,563 shares of the company’s stock valued at $27,668,000 after buying an additional 396 shares during 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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