None
HOUSTON , Dec. 19, 2024 /PRNewswire/ -- The Sterling Group, a Houston -based, operationally focused middle market private equity firm, is pleased to announce that John Griffin and Claudine Lussier have been promoted to Partner. "We are excited to recognize the extraordinary contributions of John and Claudine," said Brad Staller , Partner at The Sterling Group. "Each has played a critical part in Sterling's success to date. We are thrilled to celebrate their accomplishments and welcome them as Partners." John Griffin , Partner, joined Sterling in 2018 from McKinsey & Company's Houston office where he focused on strategic and operational initiatives for industrial and energy companies. John has been a leader on the PrimeFlight Aviation, West Star Aviation, Fencing Supply Group, Tangent Technologies, and Lynx FBO Network investment teams. John has also been a key member of the firm's Operations Committee, which drives continuous improvement in Sterling's own value creation capabilities. Claudine Lussier , Partner, Human Capital, joined Sterling in 2017 to lead Human Capital at Sterling and its portfolio companies. During Claudine's time at Sterling, she has contributed to a significant build-out of the team and has driven a dramatic improvement in Sterling's ability to drive value creation through the Human Capital lever. Claudine is a critical business partner to investment teams and management teams alike. To learn more about a career at The Sterling Group, please visit www.sterling-group.com/careers/ About The Sterling Group Founded in 1982, The Sterling Group is a private equity and private credit investment firm that targets investments in basic manufacturing, distribution, and industrial services companies. Typical enterprise values of these companies at initial formation range from $100 million to $750 million . Sterling has sponsored the buyout of 73 platform companies and numerous add-on acquisitions for a total transaction value of over $24 billion . Sterling currently has $9.4 billion of assets under management. For further information, please visit www.sterling-group.com . Past performance is no guarantee of future results and all investments are subject to loss. View original content: https://www.prnewswire.com/news-releases/the-sterling-group-names-two-new-partners-302336718.html SOURCE The Sterling Group, L.P.REVIVER® HELPS DRIVE THE SPIRIT OF GIVING THIS HOLIDAY SEASON
Crumly & Associates Inc. lifted its position in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 4.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,874 shares of the information services provider’s stock after purchasing an additional 243 shares during the period. Crumly & Associates Inc.’s holdings in Alphabet were worth $974,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently bought and sold shares of the company. Christopher J. Hasenberg Inc increased its position in Alphabet by 75.0% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 140 shares of the information services provider’s stock valued at $26,000 after purchasing an additional 60 shares during the period. Kings Path Partners LLC bought a new position in shares of Alphabet during the second quarter valued at approximately $36,000. Denver PWM LLC bought a new position in shares of Alphabet during the second quarter valued at approximately $41,000. Quarry LP purchased a new position in Alphabet during the second quarter valued at approximately $53,000. Finally, Summit Securities Group LLC bought a new position in Alphabet in the second quarter worth approximately $55,000. Institutional investors own 40.03% of the company’s stock. Insider Activity at Alphabet In other Alphabet news, CAO Amie Thuener O’toole sold 682 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $160.44, for a total transaction of $109,420.08. Following the transaction, the chief accounting officer now directly owns 32,017 shares of the company’s stock, valued at $5,136,807.48. This trade represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Also, Director Frances Arnold sold 441 shares of Alphabet stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $171.06, for a total transaction of $75,437.46. Following the completion of the sale, the director now owns 16,490 shares in the company, valued at approximately $2,820,779.40. This trade represents a 2.60 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 206,795 shares of company stock worth $34,673,866 in the last 90 days. Corporate insiders own 11.55% of the company’s stock. Analyst Ratings Changes View Our Latest Stock Analysis on Alphabet Alphabet Trading Down 1.7 % Alphabet stock opened at $164.76 on Friday. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.04. The firm has a market cap of $2.02 trillion, a PE ratio of 21.85, a P/E/G ratio of 1.27 and a beta of 1.03. The stock’s 50 day simple moving average is $167.64 and its two-hundred day simple moving average is $170.36. Alphabet Inc. has a 12 month low of $127.90 and a 12 month high of $191.75. Alphabet ( NASDAQ:GOOGL – Get Free Report ) last announced its quarterly earnings results on Tuesday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.29. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. The firm had revenue of $88.27 billion for the quarter, compared to the consensus estimate of $72.85 billion. During the same period in the prior year, the firm posted $1.55 earnings per share. Analysts anticipate that Alphabet Inc. will post 7.99 earnings per share for the current year. Alphabet Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 9th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date of this dividend is Monday, December 9th. Alphabet’s dividend payout ratio (DPR) is presently 10.61%. About Alphabet ( Free Report ) 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. Further Reading Five stocks we like better than Alphabet Short Selling: How to Short a Stock Tesla Investors Continue to Profit From the Trump Trade NYSE Stocks Give Investors a Variety of Quality Options MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally Market Cap Calculator: How to Calculate Market Cap Netflix Ventures Into Live Sports, Driving Stock Momentum Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. ( NASDAQ:GOOGL – Free Report ). Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter .Forget downtown or the ’burbs. The far-flung exurbs are where people are moving