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Alphabet Inc (NASDAQ:GOOGL) Shares Sold by CenturyLink Investment Management Co – Tech Know Bits

CenturyLink Investment Management Co lessened its holdings in shares of Alphabet Inc (NASDAQ:GOOGL) by 13.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. Shares of GOOGL stock traded up $11.07 during mid-day trading on Monday, hitting $1,440.03. The information services provider reported $10.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $12.42 by ($2.30). Stifel Nicolaus raised Alphabet from a “hold” rating to a “buy” rating and lifted their target price for the company from $1,325.00 to $1,525.00 in a research note on Thursday, December 5th.

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