Alphabet Inc. $GOOGL Shares Sold by Fulcrum Capital LLC

Fulcrum Capital LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 20.0% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 80,440 shares of the information services provider’s stock after selling 20,106 shares during the quarter. Alphabet comprises about 5.0% of Fulcrum Capital LLC’s portfolio, making the stock its 4th biggest holding. Fulcrum Capital LLC’s holdings in Alphabet were worth $23,131,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of GOOGL. Symmetry Partners LLC lifted its position in Alphabet by 0.4% during the fourth quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock worth $2,476,000 after purchasing an additional 30 shares during the period. Private Wealth Management Group LLC increased its holdings in Alphabet by 1.2% in the 1st quarter. Private Wealth Management Group LLC now owns 2,540 shares of the information services provider’s stock valued at $730,000 after buying an additional 30 shares during the period. Members Trust Co increased its holdings in Alphabet by 0.5% in the 4th quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock valued at $2,014,000 after buying an additional 31 shares during the period. Altfest L J & Co. Inc. raised its position in shares of Alphabet by 0.4% in the 4th quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock valued at $2,489,000 after buying an additional 31 shares in the last quarter. Finally, Corus Family Wealth Advisors lifted its holdings in shares of Alphabet by 1.5% during the 1st quarter. Corus Family Wealth Advisors now owns 2,090 shares of the information services provider’s stock worth $601,000 after acquiring an additional 31 shares during the period. 40.03% of the stock is owned by institutional investors and hedge funds.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wall Street remains broadly bullish on Alphabet, with multiple reports citing strong cloud growth, AI-driven momentum in Search and YouTube, and price targets still above current trading levels. Article Title
• Positive Sentiment: Analysts say Alphabet could post a strong Q2, helped by Google Cloud strength and the value of its Anthropic stake, which may support upside if earnings beat expectations. Article Title
• Neutral Sentiment: Investors are also positioning for Alphabet’s upcoming earnings report, with options traders expecting a sizable move, indicating that the stock may stay volatile into the release. Article Title
• Negative Sentiment: Bloomberg-reported delays to Gemini 3.5 Pro have sparked fears that Google is lagging in AI, with concerns that the model’s coding performance fell short of internal goals. Article Title
• Negative Sentiment: Alphabet is facing added regulatory pressure after the EU ordered it to open Android and search data to rival AI companies, and a San Francisco order to remove “nudify” apps from app stores adds to the broader legal overhang. Article Title
• Negative Sentiment: Securities-fraud investigation headlines are creating an additional near-term overhang, even though these are still allegations and not a proven finding of wrongdoing. Article Title

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the transaction, the director directly owned 1,481 shares in the company, valued at approximately $545,941.03. This trade represents a 41.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the sale, the insider directly owned 75,290 shares in the company, valued at $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 159,415 shares of company stock worth $7,672,279 over the last 90 days. 11.61% of the stock is currently owned by company insiders.

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $346.77 on Monday. Alphabet Inc. has a one year low of $183.71 and a one year high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The company has a market cap of $4.20 trillion, a price-to-earnings ratio of 26.45, a PEG ratio of 1.44 and a beta of 1.24. The firm has a 50 day simple moving average of $368.89 and a 200 day simple moving average of $338.14.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. The firm had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Research analysts predict that Alphabet Inc. will post 14.33 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were issued a dividend of $0.22 per share. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alphabet in a research report on Monday, May 4th. Robert W. Baird boosted their price objective on shares of Alphabet from $380.00 to $400.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. KeyCorp upped their target price on Alphabet from $425.00 to $445.00 and gave the stock an “overweight” rating in a research note on Friday, July 10th. Truist Financial set a $430.00 target price on Alphabet and gave the company a “buy” rating in a report on Friday, May 29th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and a consensus price target of $414.11.

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.