Transcendent Capital Group LLC Makes New $566,000 Investment in Alphabet Inc. $GOOGL

Transcendent Capital Group LLC acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,328 shares of the information services provider’s stock, valued at approximately $566,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Financial Gravity Companies Inc. purchased a new stake in Alphabet in the second quarter worth $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in Alphabet in the 3rd quarter worth $53,000. Corsicana & Co. bought a new position in Alphabet in the 3rd quarter worth $54,000. Vermillion & White Wealth Management Group LLC lifted its position in shares of Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after purchasing an additional 89 shares during the period. Finally, S&T Bank PA boosted its stake in shares of Alphabet by 40.2% during the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 99 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Insider Transactions at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the completion of the sale, the chief executive officer owned 2,211,872 shares of the company’s stock, valued at $723,945,705.60. This represents a 1.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 2,032,408 shares of company stock valued at $94,926,707. Corporate insiders own 11.55% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud momentum: reported/covered Cloud revenue growth (surge ~48% Y/Y) that underpins upside in enterprise AI demand and improves near-term monetization outlook. Google (GOOGL) Cloud Revenue Just Surged 48%
• Positive Sentiment: Product roadmap / AI hardware: Google I/O set for May 19–20, with expectations of a 2026 launch for Google’s first smart AI glasses — a potential new consumer product cycle and headline AI device. Google announces I/O developer conference where AI glasses could be rolled out
• Positive Sentiment: Strategic partnership and infrastructure demand: India’s Adani Group plans a large investment in AI data centers alongside Google and Microsoft — signals increased hyperscaler demand and cloud expansion in a major market. India’s Adani Group To Invest $100 Billion In AI Data Centers
• Positive Sentiment: Big investor confidence signal: Berkshire Hathaway’s Q4 filing kept its Alphabet stake steady while trimming Amazon — a high-profile vote of confidence in Alphabet’s cloud/AI strategy. Berkshire & AI Hyperscalers: Buffett Holds GOOGL, Dumps AMZN
• Positive Sentiment: Green-energy support for operations: Ormat signed a long-term geothermal PPA to supply Google in Nevada — reduces energy / ESG risk for data center operations. Ormat signs 150 MW geothermal power deal with NV Energy to supply Google in Nevada
• Neutral Sentiment: Waymo regulatory/oversight: Waymo defended its use of remote-assistance staff to Congress and said they haven’t been used to drive robotaxis on public roads — reduces some regulatory uncertainty but keeps oversight visible. Waymo defends use of remote assistance workers in robotaxi operations
• Negative Sentiment: High-profile stake reduction: Terry Smith (Fundsmith) reportedly sold about half his Alphabet holding — a headline that can add selling pressure or signal rotation among institutional holders. The ‘English Warren Buffett’ Just Dumped Half His Alphabet Stake
• Negative Sentiment: Regulatory/geopolitical risk in India: New talks of age-based social media restrictions in India could reduce engagement/ads across platforms, representing a regional regulatory risk for ad revenue. India discussing age-based restrictions with social media firms, top minister says
• Negative Sentiment: CapEx & tech-rotation pressure: Analysts and coverage note that Alphabet’s elevated 2026 CapEx plan to scale AI compute (reported guidance cited previously) has contributed to a short-term pullback amid broader megacap profit-taking. Alphabet’s Pullback: A Second Chance for Long-Term Investors?

Alphabet Price Performance

GOOGL opened at $302.02 on Wednesday. The company’s 50-day simple moving average is $320.73 and its two-hundred day simple moving average is $277.10. 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 stock has a market capitalization of $3.65 trillion, a P/E ratio of 27.94, a P/E/G ratio of 1.79 and a beta of 1.09. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data 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. The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. As a group, analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

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

Analyst Ratings Changes

GOOGL has been the subject of a number of research reports. Citigroup increased their price target 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. Canaccord Genuity Group set a $415.00 target price on Alphabet in a research report on Thursday, February 5th. Bank of America lifted their price target on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Citic Securities increased their price objective on Alphabet from $230.00 to $310.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, Argus raised their price objective on Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, February 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $363.10.

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.