Miller Global Investments LLC Makes New $2.10 Million Investment in Alphabet Inc. $GOOGL

Miller Global Investments LLC purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOGL) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,712 shares of the information services provider’s stock, valued at approximately $2,101,000. Alphabet comprises 1.9% of Miller Global Investments LLC’s investment portfolio, making the stock its 9th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Aspen Wealth Management LLC acquired a new stake in shares of Alphabet in the fourth quarter worth about $230,000. Legacy Wealth Management LLC MS increased its holdings in shares of Alphabet by 13.5% during the 4th quarter. Legacy Wealth Management LLC MS now owns 42,357 shares of the information services provider’s stock valued at $13,258,000 after acquiring an additional 5,053 shares during the last quarter. Grant Private Wealth Management Inc raised its stake in shares of Alphabet by 21.1% in the 4th quarter. Grant Private Wealth Management Inc now owns 17,494 shares of the information services provider’s stock valued at $5,475,000 after acquiring an additional 3,047 shares in the last quarter. Union Bancaire Privee UBP SA lifted its holdings in Alphabet by 49.9% in the 4th quarter. Union Bancaire Privee UBP SA now owns 1,237,301 shares of the information services provider’s stock worth $387,275,000 after purchasing an additional 412,130 shares during the last quarter. Finally, Foguth Wealth Management LLC. acquired a new stake in Alphabet in the 4th quarter worth approximately $1,477,000. Institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on GOOGL shares. Arete Research raised their target price on shares of Alphabet from $380.00 to $405.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. restated a “buy” rating on shares of Alphabet in a report on Monday, February 9th. Wall Street Zen downgraded Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Mizuho lifted their price objective on Alphabet from $400.00 to $410.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, Wells Fargo & Company set a $354.00 price objective on Alphabet and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $367.18.

Alphabet Stock Performance

NASDAQ:GOOGL opened at $301.00 on Friday. The firm’s 50-day moving average is $317.62 and its 200-day moving average is $293.14. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The company has a market cap of $3.64 trillion, a price-to-earnings ratio of 27.84, a PEG ratio of 1.76 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating 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 business had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Equities research analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.

Insider Buying and Selling

In other news, CAO Amie Thuener O’toole sold 955 shares of Alphabet stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the sale, the chief accounting officer owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 2,110,165 shares of company stock worth $118,134,117. 11.64% of the stock is currently owned by corporate insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hired Jasjeet Sekhon, Bridgewater’s chief scientist, as chief strategy officer — a high‑profile talent win that reinforces Alphabet’s DeepMind AI bench and long‑term product roadmap. Exclusive: Bridgewater’s chief scientist Sekhon to join Google’s DeepMind AI unit
• Positive Sentiment: High‑profile endorsement: Elon Musk tweeted that Google will “win the AI race in the West,” a bullish signal for market perception of Alphabet’s AI leadership. Elon Musk Says China Will Win The AI Race, But Here’s Where SpaceX Will Win
• Positive Sentiment: Product momentum: Google’s new “Stitch” AI design features are pressuring rivals (e.g., Figma’s stock fell), underscoring expanding addressable market for Google’s AI tools. Figma’s stock drops 11% in two days after Google releases ‘vibe design’ product
• Positive Sentiment: Market commentary highlights Alphabet’s operational strength (consecutive earnings beats, Cloud acceleration), supporting the bullish analyst consensus and relative outperformance among mega‑caps. 2 Tech Giants Holding Their Ground While the Market Slides
• Neutral Sentiment: Insider sales disclosed: CEO Sundar Pichai sold ~32,500 shares (~$10M) and Director John Hennessy sold a small stake — notable but small relative to total insider holdings; monitor if these continue. Insider filing: Sundar Pichai sale
• Neutral Sentiment: Short‑interest data in the feeds appears anomalous/zero and provides no clear signal (no days‑to‑cover build reported).
• Neutral Sentiment: Competitive takes: Analysts compare Snowflake and Alphabet on cloud analytics — SNOW’s momentum is notable but doesn’t negate Google Cloud’s growth trajectory. Snowflake vs Alphabet: Which Cloud Analytics Stock Has an Edge Now?
• Negative Sentiment: Investor concern about massive hyperscaler AI spending — analysts flag $410B+ capex across hyperscalers and question near‑term returns, a theme that can pressure tech multiples including GOOGL. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
• Negative Sentiment: Valuation debate persists: coverage notes shifting investment story as AI deals and capex raise questions about near‑term upside despite solid fundamentals. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions

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.