Brady Family Wealth LLC reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 4.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,635 shares of the information services provider’s stock after selling 2,987 shares during the quarter. Alphabet accounts for 5.9% of Brady Family Wealth LLC’s portfolio, making the stock its 2nd largest position. Brady Family Wealth LLC’s holdings in Alphabet were worth $18,979,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in GOOGL. Vanguard Group Inc. raised its position in Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after purchasing an additional 6,733,278 shares during the period. State Street Corp lifted its stake in shares of Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after purchasing an additional 4,008,374 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Alphabet by 3.1% in the second quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock worth $24,857,017,000 after buying an additional 4,224,497 shares during the period. Norges Bank purchased a new stake in shares of Alphabet in the second quarter worth about $21,944,208,000. Finally, Capital World Investors grew its stake in shares of Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock valued at $12,910,542,000 after buying an additional 11,605,785 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, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of Alphabet stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares of the company’s stock, valued at $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,110,165 shares of company stock worth $118,134,117. Company insiders own 11.55% of the company’s stock.
Alphabet Stock Down 3.8%
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. On average, equities research analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.
Alphabet Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.
Analyst Upgrades and Downgrades
Several brokerages recently commented on GOOGL. Citizens Jmp reiterated a “market outperform” rating and set a $385.00 target price on shares of Alphabet in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. KeyCorp set a $370.00 price objective on shares of Alphabet and gave the company an “overweight” rating in a research note on Thursday, February 5th. Wolfe Research boosted their target price on shares of Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a research report on Friday, January 23rd. Finally, Robert W. Baird upped their target price on shares of Alphabet from $375.00 to $380.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and a consensus price target of $367.18.
Read Our Latest Research Report on GOOGL
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Expanded commercial AI partnerships that can drive Google Cloud adoption and future revenue: Openreach will use Google Cloud AI to speed UK fibre rollout and cut fleet emissions, signalling enterprise demand for Google’s AI services. Openreach taps Google AI to speed fibre rollout, cut emissions
- Positive Sentiment: Product/customer wins that validate Gemini and robotics strategy: Google’s DeepMind is partnering with Agile Robots to integrate Gemini Robotics models with hardware, and Gap will enable checkout inside Gemini — both are signs of commercial traction for Google’s AI stack. Google partners with Agile Robots, growing its AI robotics footprint Gap becomes the first major fashion company to offer checkout within Google’s Gemini
- Neutral Sentiment: Institutional / infrastructure deals show adoption but limited immediate impact on margins: BMO and CME are launching a tokenized cash platform with Google Cloud, a strategic enterprise use-case that supports long-term Cloud revenue diversification. BMO to launch tokenized cash platform with CME and Google Cloud
- Neutral Sentiment: New service rollouts expand optionality but are not yet material to revenue: Alphabet’s Wing plans Bay Area drone deliveries, illustrating continued experimentation in logistics and consumer services. Alphabet’s Wing to start drone delivery in San Francisco Bay Area
- Neutral Sentiment: Data items on short interest appear inconsistent/zero in the reports provided; treat as unreliable until exchanges confirm filings. (Multiple aggregated short-interest entries)
- Negative Sentiment: Regulatory and policy scrutiny of AI is a clear near-term risk: the EU competition/antitrust chief is meeting Alphabet’s CEO alongside other Big Tech leaders about AI dominance — increased regulatory oversight could pressure multiples or force business changes. EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny
- Negative Sentiment: Market sentiment and news flow are weighing on the stock today: several market pieces highlight the share decline and analyst commentary, which can amplify selling pressure even absent new fundamentals. Alphabet (GOOGL) Registers a Bigger Fall Than the Market: Important Facts to Note
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.
Further Reading
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