Thu Sep 19 08:23:42 UTC 2024: ## Alphabet Inc. (GOOGL) Sees Increased Interest from Institutional Investors:

**Foster & Motley Inc. raised its stake in Alphabet Inc. by 4.1% during the second quarter, further highlighting the growing interest in the information services provider among large investors.** The firm now owns 9,187 shares, valued at $1,673,000, after acquiring an additional 366 shares.

Other institutional investors have also adjusted their positions in GOOGL, with some increasing their stakes while others acquired new positions. Notably, Christopher J. Hasenberg Inc grew its position by 75%, while Kings Path Partners LLC and Tributary Capital Management LLC acquired new stakes in the second and first quarters, respectively.

**Meanwhile, insider trading activity reveals that Director John L. Hennessy sold 1,500 shares on July 12th, while CEO Sundar Pichai sold 22,500 shares on July 17th.** These sales represent a combined total of $4,432,675.

Alphabet’s recent earnings report showcased strong performance, with EPS exceeding analysts’ expectations and revenue exceeding $84 billion. The company also announced a quarterly dividend of $0.20, paid on September 16th.

**Despite the insider sales, the overall trend suggests continued confidence in Alphabet’s future prospects, driven by strong earnings performance and ongoing interest from institutional investors.**

**For further details and in-depth analysis, visit HoldingsChannel.com for the latest 13F filings and insider trades for Alphabet Inc.**

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