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Gabelli Funds sells 7,890 Alphabet shares, but company beats earnings estimates with $2.15 EPS.
Investment firm Gabelli Funds LLC has reduced its Alphabet Inc. holdings by selling 7,890 shares, now owning 537,645 shares.
Alphabet’s earnings per share (EPS) for the quarter was $2.15, beating estimates.
Insiders have sold 118,497 shares recently.
Alphabet offers services like ads, Android, Chrome, and Google Cloud.
The stock has a "Moderate Buy" rating with a target price of $205.49.
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Gabelli Funds vende 7.890 acciones de Alphabet, pero la compañía supera las estimaciones de ganancias con $2.15 EPS.