1776 Wealth LLC Has $4.43 Million Stake in Alphabet Inc. $GOOGL

1776 Wealth LLC reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 15.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,235 shares of the information services provider’s stock after selling 3,268 shares during the quarter. Alphabet makes up about 1.7% of 1776 Wealth LLC’s holdings, making the stock its 12th largest position. 1776 Wealth LLC’s holdings in Alphabet were worth $4,433,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of GOOGL. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet in the 2nd quarter worth about $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet in the 3rd quarter worth approximately $53,000. Corsicana & Co. bought a new stake in Alphabet during the third quarter worth about $54,000. Sellwood Investment Partners LLC bought a new stake in Alphabet in the third quarter worth $63,000. Finally, Vermillion & White Wealth Management Group LLC increased its position in shares of Alphabet by 37.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after acquiring an additional 89 shares in the last quarter. 40.03% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GOOGL. Wolfe Research boosted their price target on Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. Royal Bank Of Canada increased their target price on Alphabet from $375.00 to $400.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Evercore reiterated an “outperform” rating and set a $400.00 target price (up from $325.00) on shares of Alphabet in a report on Thursday, February 5th. Citigroup boosted their price objective on shares of Alphabet from $350.00 to $390.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Finally, Arete Research lifted their price objective on shares of Alphabet from $380.00 to $405.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Three analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $366.57.

Alphabet Stock Performance

NASDAQ GOOGL opened at $307.38 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $3.72 trillion, a PE ratio of 28.43, a P/E/G ratio of 1.84 and a beta of 1.09. The stock has a fifty day simple moving average of $320.89 and a 200-day simple moving average of $281.45. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Equities analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

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

Insider Buying and Selling

In other news, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction on Friday, February 13th. The stock was sold at an average price of $306.73, for a total transaction of $184,038.00. Following the completion of the transaction, the director owned 20,624 shares of the company’s stock, valued at $6,325,999.52. The trade was a 2.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the sale, the chief executive officer owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This trade represents a 1.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,112,482 shares of company stock worth $119,145,289 in the last three months. Company insiders own 11.64% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google struck a multibillion-dollar deal to rent its Tensor Processing Units to Meta, validating TPU demand and directly boosting Google Cloud/infra revenue potential. Google signs multibillion-dollar AI chip deal with Meta
• Positive Sentiment: Analyst coverage highlights accelerating Google Cloud growth, heavy AI-driven demand and a large backlog (~$240B cited), supporting faster revenue expansion and margin leverage from cloud services. AI Push Provides a Boost to GOOGL’s Cloud Business
• Positive Sentiment: Google launched Nano Banana 2, an upgraded AI image generator with faster speeds and better text rendering — another visible product that drives user engagement and showcases Gemini-era AI improvements. Google launches Nano Banana 2
• Positive Sentiment: Longer-term optionality from stakes and partnerships: coverage points to Alphabet’s meaningful Anthropic stake (equity upside + Google Cloud infra revenue) and other private holdings that could materially boost valuation if monetized. Alphabet’s Quiet Edge: The Hidden Assets Powering Its Run
• Positive Sentiment: Waymo is expanding testing to Chicago and Charlotte as it scales autonomous ride‑hailing — a revenue diversification story that supports the long-term “Other Bets” growth narrative. Waymo to begin testing in Chicago and Charlotte
• Neutral Sentiment: Alphabet folded robotics software unit Intrinsic into Google — operational consolidation that may speed commercialization but has limited near-term revenue impact. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
• Neutral Sentiment: Google reported disruption of a China-linked hacker network — positive for security posture and enterprise trust but unlikely to move near-term fundamentals. Google disrupts Chinese-linked hackers
• Negative Sentiment: EU regulatory pressure: Google is testing a new search layout to show rivals’ vertical results more prominently in Europe to try to avoid a fine — a change that could reduce some direct monetization in affected result types if broadly adopted. Google to test changes to search results as EU fine looms
• Negative Sentiment: Minor regional/legal friction: a small Russian fine was reported for distributing VPN apps — reputational/regulatory noise but immaterial to global results. Russia fines Google for distributing VPN services
• Negative Sentiment: Market signals: there were reports of insider selling and mixed analyst flows (price-target moves), which can prompt short-term profit-taking after a long GOOGL run. Alphabet Shares Down After Insider Selling

About Alphabet

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.