1832 Asset Management L.P. Adds $189M in Alphabet Inc. ($GOOG)
Key Points
- 1832 Asset Management L.P. changed its Alphabet Inc. ($GOOG) stake by 20.7% last quarter, boosting to 3,053,037 shares worth $1.10 billion.
- Wall Street's consensus rating on $GOOG is Strong Buy and an average price target of $409.00.
- $GOOG last traded around $360.47.
1832 Asset Management L.P. increased its position in Alphabet Inc. ($GOOG) by 20.7% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,053,037 shares of Alphabet Inc. after buying 523,643 shares during the quarter. 1832 Asset Management L.P.'s holdings in Alphabet Inc. were worth $1.10 billion as of its most recent filing.
Alphabet Inc. ($GOOG) Stock
Alphabet Inc. Earnings
Alphabet Inc. Dividend
Analysts Set New Price Targets
About Alphabet Inc.
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in Google Play and YouTube; and devices, as well as the provision of YouTube consumer subscription services, such as YouTube TV, YouTube Music and Premium, NFL Sunday Ticket, and Google One. The Google Cloud segment offers consumption-based fees and subscriptions for AI solutions, including AI infrastructure, Vertex AI platform, and Gemini enterprise. It also provides cybersecurity, and data and analytics services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet; and other enterprise services. The Other Bets segment sells transportation and internet services. Alphabet Inc. was incorporated in 1998 and is headquartered in Mountain View, California.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.