Tag Archives: GOOGL

Distillate Capital Partners LLC Purchases 73 Shares of Alphabet Inc. (NASDAQ:GOOGL)

Distillate Capital Partners LLC boosted its position in Alphabet Inc. (NASDAQ:GOOGL) by 2.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,257 shares of the information services provider’s stock after acquiring an additional 73 shares during the quarter. Alphabet makes up approximately 2.2% of Distillate Capital Partners LLC’s investment portfolio, making the stock its 2nd largest holding. Distillate Capital Partners LLC’s holdings in Alphabet were worth $7,953,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Cohen Investment Advisors LLC boosted its holdings in Alphabet by 22,787.8% in the 1st quarter. Cohen Investment Advisors LLC now owns 352,015 shares of the information services provider’s stock valued at $2,861,000 after purchasing an additional 350,477 shares during the period. Whale Rock Capital Management LLC bought a new stake in Alphabet in the 1st quarter valued at $595,998,000. Clarus Group Inc. boosted its holdings in Alphabet by 203,152.0% in the 1st quarter. Clarus Group Inc. now owns 250,000 shares of the information services provider’s stock valued at $1,304,000 after purchasing an additional 249,877 shares during the period. Jennison Associates LLC boosted its holdings in Alphabet by 16.0% in the 1st quarter. Jennison Associates LLC now owns 1,436,684 shares of the information services provider’s stock valued at $2,963,189,000 after purchasing an additional 197,838 shares during the period. Finally, Lord Abbett & CO. LLC boosted its holdings in Alphabet by 101.2% in the 1st quarter. Lord Abbett & CO. LLC now owns 380,403 shares of the information services provider’s stock valued at $784,586,000 after purchasing an additional 191,361 shares during the period. Institutional investors and hedge funds own 32.00% of the company’s stock.

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GOOGL has been the subject of a number of research reports. Morgan Stanley increased their price target on shares of Alphabet from $2,575.00 to $3,000.00 and gave the company an “overweight” rating in a report on Wednesday, July 28th. Canaccord Genuity raised their price objective on shares of Alphabet from $2,800.00 to $3,100.00 and gave the stock a “buy” rating in a report on Wednesday, July 28th. Susquehanna Bancshares raised their price objective on shares of Alphabet from $3,100.00 to $3,600.00 and gave the stock a “positive” rating in a report on Wednesday, July 28th. Credit Suisse Group lifted their price target on shares of Alphabet from $2,755.00 to $3,350.00 and gave the company an “outperform” rating in a report on Friday, July 23rd. Finally, Argus lifted their price target on shares of Alphabet from $2,800.00 to $3,100.00 and gave the company a “buy” rating in a report on Thursday, July 29th. Three investment analysts have rated the stock with a hold rating and forty have given a buy rating to the stock. Alphabet presently has a consensus rating of “Buy” and a consensus price target of $2,821.21.

Alphabet stock traded down $32.96 during midday trading on Tuesday, hitting $2,733.23. 1,019,695 shares of the stock were exchanged, compared to its average volume of 1,566,211. The firm has a fifty day moving average price of $2,557.64. Alphabet Inc. has a 52 week low of $1,402.15 and a 52 week high of $2,767.25. The stock has a market capitalization of $1.82 trillion, a PE ratio of 29.63, a PEG ratio of 1.79 and a beta of 1.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.15 and a quick ratio of 3.14.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Monday, July 26th. The information services provider reported $27.26 earnings per share for the quarter, topping the consensus estimate of $19.89 by $7.37. Alphabet had a net margin of 28.57% and a return on equity of 27.87%. The business had revenue of $50.95 billion for the quarter, compared to analyst estimates of $46.07 billion. During the same quarter last year, the firm earned $10.13 EPS. On average, research analysts forecast that Alphabet Inc. will post 101.86 EPS for the current fiscal year.

Alphabet Company Profile

Alphabet, Inc is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps, Google Play, Search, and YouTube.

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Best Tech Stocks To Buy For 2021

The owner of a chain known for making a guilty pleasure, sugary Krispy Kreme doughnuts, is buying another that has built its reputation around healthy eating, Panera Bread.

JAB, the investment firm that controls the Krispy Kreme chain and coffee brands Keurig, Peet’s and Caribou, announced the $7-billion deal Wednesday to acquire Panera and turn it into a private company. Though known for its sandwiches, Panera is a major seller of coffee.

Panera’s ascension as one of the most successful fast-casual chains shook up the restaurant industry, introducing higher quality ingredients than fast-food competitors, making wi-fi widely available and giving customers healthy options. The company has also stayed ahead of the technological curve by introducing digital ordering earlier than many competitors.

Best Tech Stocks To Buy For 2021: Flextronics International Ltd.(FLEX)

Flextronics International Ltd. provides design and electronics manufacturing services to original equipment manufacturers. The company offers its services to a range of products in the infrastructure, mobile communication devices, computing, consumer digital devices, industrial, semiconductor capital equipment, clean technology, aerospace and defense, white goods, automotive and marine, and medical devices markets. Its services include design and engineering services, such as contract design, joint development manufacturing, and original design and manufacturing services in a range of technical competencies that include system architecture, user interface and industrial design, mechanical engineering, enclosure systems, thermal and tooling design, electronic system design, reliability and failure analysis, and component level development engineering; and systems assembly and manufacturing services, including enclosures, testing, and materials procurement and inventory mana gement services. The company also offers various component product solutions comprising rigid and flexible printed circuit board fabrication, display and touch solutions, optomechatronics, and power supplies; after market supply chain logistics services; and reverse logistics and repair services, such as returns management, exchange programs, complex repair, asset recovery, recycling, and e-waste management services for consumer and midrange products, printers, PDA’s, mobile phones, consumer medical devices, notebooks, PC’s, set-top boxes, game consoles, and infrastructure products. It has operations in Asia, the Americas, and Europe. Flextronics International Ltd. was founded in 1990 and is headquartered in Singapore.

Advisors’ Opinion:

  • [By Max Byerly]

    United Services Automobile Association raised its stake in Flex Ltd (NASDAQ:FLEX) by 9.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,605,523 shares of the technology company’s stock after buying an additional 133,118 shares during the quarter. United Services Automobile Association owned approximately 0.30% of Flex worth $22,654,000 at the end of the most recent quarter.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Flex (FLEX)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Best Tech Stocks To Buy For 2021: Immersion Corporation(IMMR)

Immersion Corporation develops, manufactures, licenses, and supports a range of hardware and software technologies and products that enhance digital devices with touch interaction. The company provides haptic technologies that allow people to use their sense of touch when operating a variety of digital devices. It licenses its technologies to the manufacturers of automotive, consumer electronics, gaming, commercial and industrial controls, medical, and mobile communications products under the TouchSense brand. The company?s product portfolio includes TouchSense 1000, TouchSense 2000, TouchSense 3000, TouchSense 4000, TouchSense 5000, and TouchSense 6000. It also offers turn-key engineering and integration services, design kits for prototyping, authoring tools, and application programming interfaces, as well as platform independent solutions. The company operates primarily in North America, Europe, and the Far East. Immersion Corporation was founded in 1993 and is headquar tered in San Jose, California.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Immersion Corp (NASDAQ:IMMR)Q42018 Earnings Conference CallFeb. 26, 2019, 5:00 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Max Byerly]

    Immersion Co. (NASDAQ:IMMR) has been assigned an average rating of “Hold” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $13.13.

  • [By Joseph Griffin]

    Mackay Shields LLC boosted its holdings in Immersion Co. (NASDAQ:IMMR) by 378.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 242,600 shares of the software maker’s stock after purchasing an additional 191,900 shares during the period. Mackay Shields LLC owned about 0.80% of Immersion worth $3,745,000 as of its most recent SEC filing.

Best Tech Stocks To Buy For 2021: Ellie Mae, Inc.(ELLI)

Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States.The company provides Encompass, a proprietary software solution that combines loan origination and enterprise management software for mortgage originators into a system, as well as access to investors, lenders, and service providers on the Ellie Mae Network. Its Encompass solutions and services comprise Ellie Mae Total Quality Loan Program that offers fraud detection, valuation, validation, and risk analysis services; Encompass CenterWise, a bundled offering of electronic document management and Websites used for customer relationship management (CRM); Encompass TPO WebCenter that offers a Web-based environment for third-party originator to upload loan files and supporting documentation directly to the Encompass software; Encompass Docs Solution, an integrated initial disclosure and closing document preparation solution; and Encompass Compliance Service to analyze mortgage loan data for compliance with consumer protection laws and institutionally mandated compliance policies. The companys Encompass solutions and services also include Encompass Product and Pricing Service to compare loans offered by lenders and investors to determine mortgage programs available to a borrower; Encompass Flood Service to order and transfer flood zone certifications; Encompass CRM to manage contacts, leads, and marketing campaigns; Encompass Consumer Direct, which allows borrowers to complete loan application online; Encompass 4506-T Service, an integrated income verification solution; Encompass Appraisal Service to order, track, and retrieve appraisal reports; and Encompass Fraud Service to order collateral and non-collateral based fraud risk reports. In addition, it offers research and reference, education, documentation, and data and analytics products under the AllRegs brand. The company was founded in 1997 and is headquartered in Pleasanton, California.

Advisors’ Opinion:

  • [By Motley Fool Staff]

    One of the things I’ve always tried to do with this podcast is save the best for last. It’s fun to go back in time and see how things have done, especially when you have a lot of time. Let’s talk about Five Stocks to Feed the Bear. Emily, here they are, alphabetically: Carter’s(NYSE:CRI), Ellie Mae(NYSE:ELLI), IPG Photonics(NASDAQ:IPGP), MercadoLibre(NASDAQ:MELI), and Planet Fitness.

  • [By Motley Fool Staff]

    Ellie Mae (NYSE:ELLI) recently agreed to be acquired for $99 per share, and the stock is now trading for almost exactly $99. This may seem like a good reason to sell your shares and move on, but there’s more to the story.

  • [By Ethan Ryder]

    Ellie Mae (NYSE:ELLI) was downgraded by analysts at William Blair from an outperform rating to a market perform rating.

    Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Ericsson’s business is exposed to geopolitical uncertainties in its operating countries. The company operates in an extremely competitive environment, which comprises big multinational wireless telecom service providers. It faces competition from new and innovative business models in mobile broadband and Internet services. Moreover, soft mobile broadband demand and challenging macroeconomic conditions in the emerging markets are acting as a deterrent for major investments by telecom behemoths and this may hurt Ericsson’s financial performance going forward. The ongoing industry consolidation among customers and major rivals are posing threat to Ericsson, impacting investments adversely and intensifying price competition. However, the stock has outperformed the industry over the past year on an average. The Swedish firm’s R&D investments over the past two years have secured a competitive and industry-leading offering.”

  • [By Motley Fool Staff]

    Ellie Mae’s(NYSE:ELLI) Encompass software is ubiquitous in the mortgage industry, and the company’s stock has been owned and recommended by Motley Fool portfolios. But it won’t be anymore — the mortgage industry software provider is going private. Shareholders will get a nice premium compared to the most recent values, though not relative to prices prior to the market’s fourth-quarter sell-off.

Best Tech Stocks To Buy For 2021: Rubicon Technology, Inc.(RBCN)

Rubicon Technology, Inc., an electronic materials provider, develops, manufactures, and sells monocrystalline sapphire and other crystalline products for light-emitting diodes (LEDs), radio frequency integrated circuits (RFICs), optoelectronics, and other optical applications. The companys products include two to six inch sapphire cores for use in LED applications and into components, such as lens covers for mobile devices; four and six-inch sapphire wafers that are used as substrates for the manufacture of LED chips, as well as for other semiconductor applications, including silicon-on-sapphire RFICs; four, six, and eight-inch patterned sapphire wafers, which are polished wafers to produce a patterned surface that enhances LED light extraction efficiency; and optical sapphire products that are used in equipment for a range of end markets comprising defense and aerospace, medical devices, oil and gas drilling, semiconductor manufacturing, and other markets. It also offers optically-polished windows and ground window blanks of sapphire. The company sells its products directly to semiconductor device manufacturers, and wafer polishing companies in Asia, Australia, North America, and Europe. Rubicon Technology, Inc. was incorporated in 2001 and is headquartered in Bensenville, Illinois.

Advisors’ Opinion:

  • [By Logan Wallace]

    Rubicon Technology (NASDAQ:RBCN) and Natcore Technology (OTCMKTS:NTCXF) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, profitability, risk, analyst recommendations, dividends, institutional ownership and valuation.

  • [By Shane Hupp]

    News coverage about Rubicon Technology (NASDAQ:RBCN) has been trending somewhat positive on Monday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Rubicon Technology earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 43.6568126847622 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

  • [By Logan Wallace]

    Rubicon Technology (NASDAQ:RBCN) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Thursday.

Best Tech Stocks To Buy For 2021: Sky-mobi Limited(MOBI)

Sky-mobi Limited engages in the operation of a mobile application store in the People?s Republic of China. It works with handset companies to pre-install its Maopao mobile application store on handsets and with content developers to provide users with applications and content titles. The users of its Maopao store could browse, download, and purchase a range of applications and content, such as single-player games, mobile music, and books. The company?s Maopao store enables mobile applications and content to be downloaded and run on various mobile handsets with hardware and operating system configurations. It also operates a mobile social network community, the Maopao Community, where it offers localized mobile social games, as well as applications and content with social network functions to its registered members. The company owns proprietary mobile application technology in the cloud computing, the MRP format, and SDK development environment. As of March 31, 2011, it had entered into cooperation agreements with approximately 523 handset companies to pre-install Maopao. The company was formerly known as Profit Star Limited and changed its name to Sky-Mobi Limited in October 2010. Sky-mobi Limited was incorporated in 2007 and is headquartered in Hangzhou, China.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Mobius (CURRENCY:MOBI) traded 5.5% higher against the dollar during the 24-hour period ending at 16:00 PM E.T. on February 21st. Mobius has a market cap of $6.06 million and $37,433.00 worth of Mobius was traded on exchanges in the last 24 hours. One Mobius token can now be purchased for $0.0118 or 0.00000298 BTC on popular cryptocurrency exchanges including GOPAX, Gate.io, BitMart and Stellarport. Over the last seven days, Mobius has traded up 22.4% against the dollar.

  • [By Logan Wallace]

    Mobius (CURRENCY:MOBI) traded up 0.1% against the dollar during the 24 hour period ending at 18:00 PM ET on February 11th. In the last week, Mobius has traded 3.1% lower against the dollar. One Mobius token can now be bought for approximately $0.0095 or 0.00000260 BTC on exchanges including OTCBTC, Gate.io, Stellar Decentralized Exchange and BitMart. Mobius has a total market capitalization of $4.89 million and approximately $19,445.00 worth of Mobius was traded on exchanges in the last day.

Best Tech Stocks To Buy For 2021: Alphabet Inc.(GOOGL)

As our founders Larry and Sergey wrote in the original founders letter, “Google is not a conventional company. We do not intend to become one.” As part of that, they also explained that you could expect us to make “smaller bets in areas that might seem very speculative or even strange when compared to our current businesses.” From the start, the company has always strived to do more, and to do important and meaningful things with the resources we have. To help accelerate this, we announced plans in August 2015 to create a new public holding company, called Alphabet. Alphabet is a collection of businesses — the largest of which, of course, is Google. It also includes businesses that we combine as Other Bets and generally are pretty far afield of our main Internet products such as Verily, Calico, X, Nest, GV, Google Capital and Access/Google Fiber. Our Alphabet structure is about helping businesses within Alphabet prosper through strong leaders and independence.   Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Alphabet Inc (NASDAQ:GOOGL)Q12019 Earnings CallApril 29, 2019, 4:30 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Motley Fool Staff]

    For this episode, it’s time to check in on not one but two such samplers. First, it’s been one year since he offered up “Five Stocks I Own That You Should Too.” Those were Activision Blizzard(NASDAQ:ATVI), Alphabet(NASDAQ:GOOGL) (NASDAQ:GOOG),Intuitive Surgical(NASDAQ:ISRG), Match Group(NASDAQ:MTCH), and Zillow(NASDAQ:Z) (NASDAQ:ZG), and he’ll review their progress with senior analystJim Mueller.

  • [By Keith Fitz-Gerald]

    Since then, those same stocks – Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), Netflix Inc. (NASDAQ: NFLX), and Google parent Alphabet Inc. (NASDAQ: GOOGL) – have tacked on a jaw-dropping $600 billion in market cap.