KERR FINANCIAL PLANNING Corp Purchases Shares of 1,832 Alphabet Inc. $GOOGL

KERR FINANCIAL PLANNING Corp purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOGL) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,832 shares of the information services provider’s stock, valued at approximately $445,000.

Other large investors also recently modified their holdings of the company. Financial Gravity Companies Inc. bought a new position in Alphabet during the second quarter worth $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet during the 3rd quarter worth about $53,000. iSAM Funds UK Ltd bought a new stake in Alphabet in the 3rd quarter valued at about $53,000. Corsicana & Co. acquired a new position in Alphabet during the 3rd quarter worth approximately $54,000. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the sale, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. The trade was a 1.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares in the company, valued at $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,110,165 shares of company stock worth $118,134,117 in the last ninety days. Company insiders own 11.64% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a notable AI talent win that reinforces Alphabet’s product roadmap and competitive positioning in AI. Reuters: Sekhon to join DeepMind
• Positive Sentiment: Google’s Wiz acquisition expands Google Cloud’s security portfolio, strengthening the Cloud growth narrative that underpins future revenue diversification. Zacks: GOOGL’s Wiz buyout
• Positive Sentiment: Regulatory concession: Google will let sites opt out of generative AI search features in the UK — reduces near‑term regulatory risk to search revenue. Reuters: Google to allow AI opt‑out
• Neutral Sentiment: Insider selling: CEO Sundar Pichai sold 32,500 shares and director John Hennessy sold a smaller stake — notable but small relative to total insider holdings; monitor for pattern. InsiderTrades: Pichai sale
• Neutral Sentiment: Short‑interest data in feeds appears anomalous/zero and does not indicate a meaningful short build or squeeze at present.
• Negative Sentiment: Macro/valuation headwinds: analysts flag $410B+ hyperscaler AI capex and uncertainty over returns, a theme that keeps pressure on tech multiples (including Alphabet). Fool: Reason tech stocks struggle
• Negative Sentiment: Competitive/market pressure: analyst pieces note rising competition in cloud analytics (Snowflake) and product battles that could temper near‑term share gains despite execution. Zacks: Snowflake vs Alphabet

Wall Street Analyst Weigh In

A number of brokerages have commented on GOOGL. Wall Street Zen cut Alphabet from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. Stifel Nicolaus restated a “buy” rating and set a $395.00 price objective (up from $346.00) on shares of Alphabet in a report on Thursday, February 5th. Wells Fargo & Company set a $354.00 price objective on shares of Alphabet and gave the company an “equal weight” rating in a report on Thursday, February 5th. Finally, New Street Research boosted their target price on shares of Alphabet from $330.00 to $380.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $367.18.

Alphabet Stock Down 0.2%

GOOGL opened at $307.13 on Friday. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The firm has a market capitalization of $3.72 trillion, a P/E ratio of 28.41, a PEG ratio of 1.80 and a beta of 1.10. The company’s 50-day moving average is $318.17 and its 200 day moving average is $291.96. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is 7.77%.

Alphabet Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.