BridgePort Financial Solutions LLC Raises Stake in Alphabet Inc. $GOOGL

BridgePort Financial Solutions LLC lifted its position in Alphabet Inc. (NASDAQ:GOOGL) by 131.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,560 shares of the information services provider’s stock after purchasing an additional 10,548 shares during the period. Alphabet comprises 1.2% of BridgePort Financial Solutions LLC’s portfolio, making the stock its 20th largest holding. BridgePort Financial Solutions LLC’s holdings in Alphabet were worth $4,512,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GOOGL. Truist Financial set a $385.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Susquehanna raised their target price on shares of Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a research note on Thursday, October 30th. Moffett Nathanson lifted their price target on shares of Alphabet from $305.00 to $350.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Guggenheim reissued a “buy” rating and set a $375.00 price objective (up from $330.00) on shares of Alphabet in a report on Monday, December 1st. Finally, Needham & Company LLC lifted their target price on Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $366.57.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst upgrades and higher price targets provide near-term support — Loop Capital raised its price target to $355 and Wells Fargo moved to a more constructive stance, boosting buy-side momentum. Read More.
• Positive Sentiment: Waymo commercialization expands — Waymo is rolling out robotaxi service to multiple new U.S. markets (Dallas, Houston, San Antonio, Orlando), which supports a pathway to revenue growth for Alphabet’s autonomous-vehicle unit. Read More.
• Positive Sentiment: Big data-center energy deals lower operational risk for AI/cloud buildout — Google announced a 1.9GW clean-power-backed Minnesota project that includes a 300MW / 100-hour battery, and utilities/energy firms signed long-term supply deals for new Google sites, improving power resiliency for Cloud/AI capacity. Read More.
• Positive Sentiment: Hidden assets and ecosystem stakes add optionality — Alphabet’s strategic holdings (notably ~14% of Anthropic and an early SpaceX stake) plus Gemini integrations (including reported Apple interest) are underappreciated upside drivers for Cloud, AI licensing and potential mark-to-market gains. Read More.
• Neutral Sentiment: Industry capex race: Bridgewater sees ~$650B in Big Tech AI investment for 2026 — this underscores continued capacity expansion that benefits hyperscalers but increases execution/timing uncertainty. Read More.
• Neutral Sentiment: AI chip competition heats up — WSJ coverage highlights intensifying GPU/custom-chip rivalry (Google vs. Nvidia and others), a structural trend that affects margins, procurement and product differentiation. Read More.
• Negative Sentiment: Notable investor rotations and selling — reports show Renaissance trimmed a large position (~$700M sale) and some high-profile funds reduced exposure, which can weigh on intraday flows and dampen momentum. Read More.
• Negative Sentiment: Legal and regulatory risks persist — Klarna expects a Swedish court verdict related to Google patents on April 15, adding event risk for the stock. Read More.
• Negative Sentiment: AI capex funded with debt raises investor caution — coverage warns hyperscalers (including Alphabet) are increasing AI-related spending and in some cases using debt, which shifts risk and could pressure valuations if returns take longer than expected. Read More.

Insider Buying and Selling

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $306.73, for a total transaction of $184,038.00. Following the completion of the sale, the director directly owned 20,624 shares in the company, valued at approximately $6,325,999.52. This represents a 2.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,112,482 shares of company stock valued at $119,145,289 over the last 90 days. 11.55% of the stock is currently owned by insiders.

Alphabet Stock Down 0.2%

Shares of NASDAQ:GOOGL opened at $310.90 on Wednesday. The company has a market cap of $3.76 trillion, a price-to-earnings ratio of 28.76, a PEG ratio of 1.83 and a beta of 1.09. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. 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 company has a 50-day moving average price of $320.47 and a 200 day moving average price of $281.05.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, equities research analysts predict 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. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

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.