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Mesirow Financial Investment Management Inc. Sells 3,440 Shares of Alphabet Inc. (NASDAQ:GOOGL)

Mesirow Financial Investment Management Inc. Sells 3,440 Shares of Alphabet Inc. (NASDAQ:GOOGL)

  • 21.03.2025 00:00
  • etfdailynews.com
  • Keywords: High Risk, Low Risk

Mesirow Financial Investment Management Inc. sold 3,440 shares of Alphabet Inc., reducing its stake by 0.8%. The company now owns 410,954 shares worth $77.79 million, representing 1.5% of its portfolio.

Alphabet NewsAlphabet ProductsAlphabet ServicesAlphabet ReportsGOOGLsentiment_neutral

Estimated market influence

Mesirow Financial Investment Management Inc.

Negativesentiment_dissatisfied
Analyst rating: N/A

Mesirow Financial sold shares of Alphabet Inc., reducing their stake by 0.8% in the 4th quarter.

Compass Planning Associates Inc

Positivesentiment_satisfied
Analyst rating: N/A

Acquired a new position in Alphabet during the 4th quarter worth $30,000.

LMR Partners LLP

Positivesentiment_satisfied
Analyst rating: N/A

Bought a new stake in Alphabet during the third quarter worth about $32,000.

E Fund Management Hong Kong Co. Ltd.

Positivesentiment_satisfied
Analyst rating: N/A

Raised its holdings in Alphabet by 518.8% in the 4th quarter, now owning 198 shares worth $37,000.

Fiduciary Advisors Inc.

Positivesentiment_satisfied
Analyst rating: N/A

Bought a new position in Alphabet in the 4th quarter valued at about $39,000.

PayPay Securities Corp

Positivesentiment_satisfied
Analyst rating: N/A

Boosted its stake in Alphabet by 36.1% during the 4th quarter, now owning 245 shares worth $46,000.

Alphabet Inc.

Alphabet Inc.

Neutralsentiment_neutral
Analyst rating: Buy

Alphabet's stock was sold by Mesirow Financial but bought by several other institutions. Alphabet has a market cap of $1.98 trillion and reported EPS of $2.15, with analysts predicting future earnings.

Roth Mkm

Positivesentiment_satisfied
Analyst rating: N/A

Reiterated a 'buy' rating on Alphabet with a price target of $220.00.

DA Davidson

Neutralsentiment_neutral
Analyst rating: N/A

Raised their price target from $190.00 to $200.00 and maintained a 'neutral' rating.

Robert W. Baird

Positivesentiment_satisfied
Analyst rating: N/A

Reaffirmed an 'outperform' rating with a price objective of $205.00.

Wolfe Research

Positivesentiment_satisfied
Analyst rating: N/A

Increased target price to $230.00 and gave an 'outperform' rating.

Wedbush

Positivesentiment_satisfied
Analyst rating: N/A

Upgraded target price to $220.00 and provided an 'outperform' rating.

Context

Analysis of Mesirow Financial Investment Management Inc.'s Transaction in Alphabet Inc. (NASDAQ:GOOGL)

Key Facts and Data Points

  • Mesirow Financial's Transaction:

    • Sold 3,440 shares of Alphabet Inc., reducing its stake by 0.8% during the 4th quarter.
    • Total holdings after sale: 410,954 shares.
    • Alphabet represents 1.5% of Mesirow Financial's portfolio and is its 12th largest position.
    • Market value of holdings: $77,794,000.

  • Other Institutional Investors' Actions:

    • Compass Planning Associates Inc.: Acquired a new position worth $30,000 in the 4th quarter.
    • LMR Partners LLP: Purchased a new stake worth $32,000 during the 3rd quarter.
    • E Fund Management Hong Kong Co. Ltd.: Increased holdings by 518.8%, now owning 198 shares worth $37,000.
    • Fiduciary Advisors Inc.: Acquired a new position valued at $39,000 in the 4th quarter.
    • PayPay Securities Corp: Boosted its stake by 36.1%, now owning 245 shares worth $46,000.

  • Institutional Ownership:

    • Institutional investors and hedge funds own 40.03% of Alphabet's stock.

Market Trends and Business Impact

  • Alphabet's Financial Performance:

    • Market cap: $1.98 trillion.
    • PE ratio: 20.22, PEG ratio: 1.34, Beta: 1.02.
    • Quarterly earnings per share (EPS): $2.15, exceeding estimates by $0.03.
    • Return on equity (ROE): 32.49%, Net margin: 28.60%.
    • Analysts predict EPS of 8.9 for the current fiscal year.

  • Dividend Information:

    • Quarterly dividend: $0.20, annualized dividend: $0.80.
    • Dividend yield: 0.49%.
    • Dividend payout ratio: 9.94%.

Competitive Dynamics and Strategic Considerations

  • Analyst Sentiment:

    • Alphabet has an average rating of "Moderate Buy" with a consensus price target of $210.59.
    • Several analysts have increased their price targets, reflecting positive sentiment:
      • Roth Mkm: $220.00 (Buy).
      • DA Davidson: $200.00 (Neutral).
      • Robert W. Baird: $205.00 (Outperform).
      • Wolfe Research: $230.00 (Outperform).
      • Wedbush: $220.00 (Outperform).

  • Insider Trading:

    • An insider sold 16,820 shares at an average price of $192.62, reducing their stake by 27.66%.

Long-Term Effects and Industry Implications

  • Alphabet's dominance in search engines, cloud services, and digital advertising positions it as a key player in the tech sector.
  • The company's ability to maintain high margins (28.60%) and strong returns on equity (32.49%) highlights its profitability.
  • Institutional investors' mixed actions (some reducing, others increasing stakes) suggest cautious optimism about Alphabet's future performance.

Conclusion

Mesirow Financial's reduction in stake, while notable, reflects a broader strategy rather than a shift in market sentiment. The overall positive analyst ratings and increased investments by other institutions indicate confidence in Alphabet's long-term growth potential.