Investors sold shares of Alphabet Inc. (NASDAQ:GOOGL) on strength during trading hours on Friday. $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 stocks 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 brokerages have commented on GOOGL. Robert W. Baird restated an “outperform” rating and set a $900.00 target price on shares of Alphabet in a research report on Thursday. Bank of America Corp. reiterated a “buy” rating and issued a $960.00 price objective on shares of Alphabet in a research report on Wednesday. Cantor Fitzgerald reiterated a “buy” rating on shares of Alphabet in a research report on Sunday, August 28th. Vetr upgraded shares of Alphabet from a “hold” rating to a “buy” rating and set a $838.19 price objective on the stock in a research report on Monday, August 22nd. Finally, Zacks Investment Research upgraded shares of Alphabet from a “hold” rating to a “buy” rating and set a $896.00 price objective on the stock in a research report on Wednesday, August 3rd. Two analysts have rated the stock with a hold rating, forty-seven have issued a buy rating and one has given a strong buy rating to the stock. Alphabet presently has an average rating of “Buy” and an average price target of $925.10.

The company has a 50 day moving average price of $787.23 and a 200 day moving average price of $747.86. The firm has a market capitalization of $547.67 billion and a PE ratio of 30.88.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Thursday, July 28th. The company reported $8.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $8.04 by $0.38. Equities research analysts predict that Alphabet Inc. will post $34.25 earnings per share for the current fiscal year.

A number of institutional investors have modified their holdings of the stock. RidgeWorth Capital Management LLC increased 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 worth $39,774,000 after buying an additional 173 shares during the last quarter. Bailard Inc. purchased a new stake in Alphabet during the fourth quarter worth $4,629,000. Hamilton Point Investment Advisors LLC increased 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 worth $1,081,000 after buying an additional 26 shares during the last quarter. Genesee Valley Trust Co. increased 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 worth $2,023,000 after buying an additional 44 shares during the last quarter. Finally, Mutual of America Capital Management LLC increased 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 worth $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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