West Financial Advisors LLC cut its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 73.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 680 shares of the information services provider’s stock after selling 1,921 shares during the quarter. West Financial Advisors LLC’s holdings in Alphabet were worth $213,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC boosted its holdings in shares of Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after acquiring an additional 4,110 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Alphabet by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after purchasing an additional 506 shares during the last quarter. Matrix Asset Advisors Inc. NY increased its stake in shares of Alphabet by 17.6% during the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after purchasing an additional 581 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in Alphabet by 11.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after purchasing an additional 48,805 shares during the last quarter. Finally, United Bank lifted its holdings in Alphabet by 6.9% during the 2nd quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after purchasing an additional 3,120 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google launched Veo 3.1 Lite, a lower‑cost video AI model that offers the same speed as Veo 3.1 Fast at under half the cost — a move aimed at expanding developer adoption and driving greater usage of Google’s AI platform. Google Unveils Cheaper AI Video Model to Expand Adoption
- Positive Sentiment: Needham reiterated a Buy on GOOGL with a $400 price target, reinforcing bullish analyst sentiment and suggesting material upside vs. current levels. Needham Reiterates Buy on Alphabet Inc. (GOOGL) With $400 Price Target
- Positive Sentiment: Shares jumped after reports that President Trump signaled willingness to end the Iran conflict — a macro/geopolitical development that reduced risk premium for ad‑heavy, global tech names like Alphabet. Alphabet (GOOGL) Stock Trades Up, Here Is Why
- Positive Sentiment: Market coverage highlights Alphabet as a core AI/cloud compounder — Google Cloud’s strong growth and a rising cloud backlog underpin durable revenue visibility for investors seeking AI exposure. 5 Cloud and AI Infrastructure Stocks Powering the Next Wave of AI (GOOGL)
- Neutral Sentiment: Alphabet issued ultra‑long dated debt (100‑year paper), signaling opportunistic financing in a low‑rate environment — expands capital flexibility but worth monitoring for long‑term cash management implications. Alphabet Taps Debt Markets With 100-Year Issuance
- Neutral Sentiment: Billionaire Stanley Druckenmiller added GOOGL to his filings, a notable institutional vote of confidence but one of many portfolio moves to interpret. Billionaire Stanley Druckenmiller Piled Into 2 of the Hottest AI Stocks for a Second Consecutive Quarter (No, Not Nvidia or Palantir)
- Negative Sentiment: Indonesia summoned Google over non‑compliance with new child social media curbs — a regulatory flag that could lead to fines, product changes or restricted services in a large market. Indonesia summons Meta and Google over non-compliance with child social media curbs, minister says
- Negative Sentiment: Publisher Future PLC warned search changes tied to Google are compressing higher‑margin ad revenues — an example of how product/search tweaks can ripple through partners and potentially pressure ad revenue mixes. Future shares flop on profit warning as Google search changes hit ad revenues
- Negative Sentiment: A Gmail update / crypto wallet story highlights friction between Google product changes and crypto wallet usability — a niche but persistent user/partner headache in web3 integrations. New Gmail update highlights major crypto wallet struggle
Insider Transactions at Alphabet
Alphabet Trading Up 5.1%
GOOGL opened at $287.56 on Wednesday. The stock has a market capitalization of $3.48 trillion, a price-to-earnings ratio of 26.60, a P/E/G ratio of 1.60 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00. The company has a 50-day simple moving average of $311.25 and a 200 day simple moving average of $295.96.
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were paid a dividend of $0.21 per share. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is presently 7.77%.
Analyst Upgrades and Downgrades
A number of research analysts have commented on GOOGL shares. Wells Fargo & Company upped their price objective on Alphabet from $387.00 to $397.00 and gave the company an “overweight” rating in a report on Friday, March 27th. Citigroup boosted their target price on shares of Alphabet from $350.00 to $390.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Wedbush upped their price target on shares of Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Bank of America lifted their price objective on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $368.06.
View Our Latest Report on Alphabet
Alphabet Company 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.
See Also
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