Central Bank & Trust Co. decreased its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 4.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 452 shares of the information services provider’s stock after selling 21 shares during the quarter. Central Bank & Trust Co.’s holdings in Alphabet were worth $411,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of GOOG. First Command Financial Services Inc. lifted its holdings in Alphabet by 8.5% during the 1st quarter. First Command Financial Services Inc. now owns 267 shares of the information services provider’s stock worth $222,000 after buying an additional 21 shares in the last quarter. Tompkins Financial Corp lifted its holdings in Alphabet by 61.4% during the 1st quarter. Tompkins Financial Corp now owns 1,149 shares of the information services provider’s stock worth $856,000 after buying an additional 437 shares in the last quarter. Peoples Financial Services CORP. lifted its holdings in Alphabet by 9.3% during the 1st quarter. Peoples Financial Services CORP. now owns 1,580 shares of the information services provider’s stock worth $1,311,000 after buying an additional 134 shares in the last quarter. Berkshire Asset Management LLC PA lifted its holdings in Alphabet by 1.4% during the 1st quarter. Berkshire Asset Management LLC PA now owns 4,680 shares of the information services provider’s stock worth $3,882,000 after buying an additional 65 shares in the last quarter. Finally, Pinnacle Bank bought a new stake in shares of Alphabet during the 1st quarter valued at $181,000. 34.52% of the stock is currently owned by hedge funds and other institutional investors.

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In related news, CEO Sundar Pichai sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 19th. The shares were sold at an average price of $969.92, for a total transaction of $3,879,680.00. Following the sale, the chief executive officer now directly owns 1,536 shares in the company, valued at approximately $1,489,797.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP James Grier Campbell sold 183 shares of the company’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $911.16, for a total transaction of $166,742.28. The disclosure for this sale can be found here. Over the last quarter, insiders sold 42,680 shares of company stock worth $39,700,363. Corporate insiders own 13.92% of the company’s stock.

Alphabet (NASDAQ:GOOG) last released its earnings results on Monday, July 24th. The information services provider reported $5.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.43 by $0.58. The firm had revenue of $26.01 billion for the quarter, compared to analysts’ expectations of $25.61 billion. Alphabet had a net margin of 19.49% and a return on equity of 13.66%. The company’s quarterly revenue was up 21.0% on a year-over-year basis. During the same period in the previous year, the company earned $8.42 earnings per share.

Several analysts have commented on GOOG shares. Moffett Nathanson reiterated a “buy” rating on shares of Alphabet in a research report on Friday, June 9th. Instinet reiterated a “buy” rating on shares of Alphabet in a research report on Friday, June 2nd. Morgan Stanley reiterated a “buy” rating on shares of Alphabet in a research report on Monday, May 29th. Wells Fargo & Company reiterated a “buy” rating on shares of Alphabet in a research report on Monday, May 29th. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Alphabet in a research report on Monday, May 29th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and forty have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $1,033.79.

About Alphabet

Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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