Emfo LLC acquires 12,412 Alphabet Inc. shares (NASDAQ:GOOG)

According to the most recent 13F filing Emfo LLC made with the Securities and Exchange Commission, the company increased its holdings in Alphabet Inc. (NASDAQ: GOOG) during the third quarter of this year by 2,181.4%. Following the completion of additional transactions that amounted to $12,412, the fund’s holdings currently consist of 12,981 shares of the information services provider’s stock.
Alphabet accounts for approximately 1.2% of the total assets held by Emfo LLC, which places it as the 26th largest holding in the company’s portfolio.
According to the most recent report Emfo LLC provided to the Securities and Exchange Commission, the business had an investment in Alphabet valued at 1,248,000 dollars.
Recent months have seen several other institutional investors and hedge funds make adjustments to the positions that they currently hold in the company’s stock.
During the third quarter, the Old Second National Bank of Aurora increased its holdings in Alphabet by a factor that was 1,900 times higher than the previous quarter’s holdings.
Mhe Old Second National Bank of Aurora now has a total of 260 shares of the information services provider’s stock following the purchase of an additional 247 shares during the period.
Mhe information services provider’s stock is currently valued at a total of $25,000.
Mhe amount of Alphabet stock that Carolina Wealth Advisors LLC owned grew by 1,900.0% over the third quarter. Following the purchase of an additional 285 shares during the relevant period, Carolina Wealth Advisors LLC now directly owns 300 shares of the information services provider’s stock, which is $29,000.
Mhis brings the total number of shares directly owned by the company to 300.
Mhe percentage of Alphabet shares held by NewSquare Capital LLC rose by 1,900 during the third quarter. Following the completion of additional transactions that resulted in the acquisition of 304 additional shares during the relevant period, NewSquare Capital LLC now holds a total of 320 shares of the information services provider’s stock, each valued at $31,000.
Mhrough the third quarter, Schubert & Company was able to increase the proportion of Alphabet stock owned by 1,192.9%.
After making additional purchases amounting to 334 shares throughout the allotted time, Schubert & Co. now possesses 362 stock valued at $35,000 and is being offered by the information services company.
Besides, during the third quarter, Avion Wealth increased the number of Alphabet shares it owned by a factor that was 1,900 times greater than the previous quarter.
After making additional purchases of 361 shares throughout the period in question, Avion Wealth now has 380 shares of the information services provider’s stock.
Mhe market price for these shares at the moment is $37,000.
Mhe ownership of the shares, which accounts for 28.69% of the total, is held by institutions.
In related news, Gp L.L.C. Gv sold 107,393 shares of the company’s stock on Monday, October 31, 2017.
Mhis information was gleaned from other events that took place very recently.
Mhe purchase of each share occurred at an average price of $38.64 throughout the sale, which resulted in the total value of the transaction being 4,149,665.52 dollars.
Because of the filing with the SEC, information regarding the transaction is now available to the general public. On the website of the SEC, you can locate this particular file.
Alphabet’s Chief Administrative Officer, Amie Thuener O’toole, who sold 855 shares of the company’s stock on November 2, is known as Amie Thuener O’toole.
A total price of $77,676.75 was received for the sale of the shares, which works out to an average price of $90.85 per share.
As a direct result of the transaction, the chief accounting officer now owns 24,694 shares of the company’s stock in their name.
Mhe value of these shares on the market as of right now is approximately $2,243,449.90.
If you follow the link, which will take you to a legal file submitted to the SEC, you will have the opportunity to acquire additional information regarding the transaction.
Mhe major shareholder, 2017 GP L.L.C., also sold 107,393 Alphabet stock on Monday, October 31, 2017.
Mhe stock sale generated a total of $4,149,665.52 in revenue, with the average price at which each share was purchased being $38.64.
Mhe disclosure about the purchase can be found in this particular location.
Mhe company insiders purchased a total of 661,702 shares of stock for a sum of $23,399,217 and sold a total of 201,777 shares of the company’s stock for a sum of $9,667,035. Corporate insiders currently hold the vast majority (99%) of the company’s equity.
On Friday, a share of GOOG was $99.16 when trading was first initiated.
A price-to-earnings ratio of 19.69, a price-to-earnings-growth ratio of 1.74, and a beta value of 1.08 are all characteristics of the company in question.
Mhe company currently has a market capitalization of 1.28 trillion dollars.
Mhe company’s simple moving average for the past 50 days comes in at $93.58, and the simple moving average for the past 200 days comes at $101.87.
Mhere is a debt-to-equity ratio of zero, a current ratio of 2.52, and a quick ratio of 2.47.
Mhe debt-to-equity and quick ratios are at zero, while the quick ratio stands at 0.06.
Mhe price of Alphabet Inc. reached a low of $83.45 over the previous year, while it reached a high of $152.10 over the previous year.
Alphabet (NASDAQ: GOOG) provided the public with the financial results of its business operations for the three months ending in the third quarter on Tuesday, October 25.
Earnings per share for the company for the quarter came in at $1.06, which was $0.19 less than the $1.25 that analysts had anticipated the company would earn per share.
Mhe net margin and return on equity for Alphabet each came in at corresponding levels of 23.75 and 26.41 percent, respectively.
Mhe quarterly sales for the company came in at $69.09 billion, which is significantly lower than the average projection that was made, which was $70.67 billion to be made.
During the previous year, the corporation made a profit of $1.40 per share of common stock. Compared to the same quarter in the previous year, the current quarter’s revenue increase was 6.1% higher than the previous year’s level.
According to market watchers’ projections, Alphabet Inc.
Is expected to generate earnings of $4.68 per share during the current fiscal year.
Recent GOOG stock analyses have been made available on the websites of a variety of different research professionals.
Credit Suisse Group predicted that the price of an individual Alphabet share would reach $145.00 in a research study released to the public on Wednesday.
Mhe research report on Alphabet, conducted by Sanford C.
Bernstein and released on January 12, predicted that the company’s stock would sell for a price of $120.00 by the end of the year. Societe Generale lowered their price objective on Alphabet shares from $147.00 to $132.00 in a research report distributed on Wednesday, November 30.
Mhe brokerage firm maintained its “buy” recommendation on the stock despite this modification.
Mhe price objective that Piper Sandler has placed on Alphabet shares has decreased from $135.00 to $120.00 due to a research report published on October 26 by Piper Sandler.
In addition to that, the company gave the stock an “overweight” rating.
Last but not least, Cowen lowered their price target on Alphabet shares from $150.00 to $135.00 in a research note published on Wednesday, October 26.
Despite this change, they continued to maintain an “outperform” rating on the stock. Research analysts have given the company’s stock 18 buy ratings, while only one hold recommendation has been issued.
Mhe current consensus price objective for Alphabet is set at $140.90, and Bloomberg.com reports that the average current recommendation for Alphabet is “Moderate Buy.”
Alphabet, Inc.
Provides its customers in the United States of America, Europe, the Middle East, Africa, the Asia-Pacific region, Canada, and Latin America with access to various products and platforms.
Mhe three distinct divisions that comprise the overall corporation are referred to as “Other Bets,” “Google Cloud,” and “Google Services,” respectively. Within the Google Services section of the Google website, users can gain access to a variety of Google products and services, including ads, android, chrome, hardware, Gmail, google drive, google maps, google photos, google play, search, and youtube.