Cannell Peter B & Co. Inc. Sells 55 Shares of Alphabet Inc (NASDAQ:GOOGL) – Sundance Herald
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Thoroughbred Financial Services LLC now owns 3,393,000 shares of the information services provider’s stock worth $339,300,000 after purchasing an additional 3,391,353 shares in the last quarter. Morgan Stanley upped their target price on shares of Alphabet from $1,400.00 to $1,450.00 and gave the stock an “overweight” rating in a research report on Friday, July 26th. The firm had revenue of $31.71 billion during the quarter, compared to analysts’ expectations of $30.90 billion. As a group, equities analysts expect that Alphabet Inc will post 51.29 earnings per share for the current fiscal year.