Angeles Wealth Management LLC Buys 4,429 Shares of Alphabet Inc. $GOOGL

Angeles Wealth Management LLC raised its position in Alphabet Inc. (NASDAQ:GOOGL) by 12.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,196 shares of the information services provider’s stock after buying an additional 4,429 shares during the quarter. Alphabet comprises about 0.6% of Angeles Wealth Management LLC’s portfolio, making the stock its 25th largest position. Angeles Wealth Management LLC’s holdings in Alphabet were worth $9,528,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Delta Asset Management LLC TN lifted its stake in Alphabet by 0.6% during the third quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock worth $1,496,000 after purchasing an additional 37 shares during the last quarter. Matisse Capital increased its stake in shares of Alphabet by 0.3% in the 3rd quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock valued at $3,601,000 after purchasing an additional 38 shares during the last quarter. Rialto Wealth Management LLC increased its stake in shares of Alphabet by 1.7% in the 3rd quarter. Rialto Wealth Management LLC now owns 2,226 shares of the information services provider’s stock valued at $541,000 after purchasing an additional 38 shares during the last quarter. Hodges Capital Management Inc. raised its holdings in shares of Alphabet by 0.5% during the 3rd quarter. Hodges Capital Management Inc. now owns 6,963 shares of the information services provider’s stock worth $1,693,000 after buying an additional 38 shares in the last quarter. Finally, Wilkins Miller Wealth Management LLC raised its holdings in shares of Alphabet by 0.9% during the 3rd quarter. Wilkins Miller Wealth Management LLC now owns 4,052 shares of the information services provider’s stock worth $985,000 after buying an additional 38 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Insider Activity

In other news, 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 directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Frances Arnold sold 112 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the transaction, the director directly owned 18,418 shares in the company, valued at $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 2,112,493 shares of company stock worth $118,605,094. 11.64% of the stock is owned by insiders.

Alphabet Stock Down 1.7%

Alphabet stock opened at $303.55 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The firm has a 50 day moving average price of $319.37 and a two-hundred day moving average price of $288.58. The firm has a market cap of $3.67 trillion, a price-to-earnings ratio of 28.08, a PEG ratio of 1.81 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) 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. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Equities analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

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

Wall Street Analyst Weigh In

GOOGL has been the subject of several research analyst reports. Barclays reissued an “overweight” rating and set a $360.00 target price (up from $315.00) on shares of Alphabet in a research note on Thursday, February 5th. Robert W. Baird upped their price objective on Alphabet from $375.00 to $380.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Citigroup lifted their target price on shares of Alphabet from $350.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. KeyCorp set a $370.00 target price on shares of Alphabet and gave the stock an “overweight” rating in a report on Thursday, February 5th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $395.00 price target (up from $346.00) on shares of Alphabet 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, Alphabet currently has a consensus rating of “Moderate Buy” and an average price target of $367.18.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google closed its large acquisition of cybersecurity firm Wiz, bolstering Google Cloud’s security capabilities and signaling continued investment in cloud/AI — a strategic positive for long‑term cloud revenue growth. Read More.
• Positive Sentiment: New commercial wins for Google Cloud underline enterprise demand for its AI stack — Canal+ struck a multi‑year deal to use Google Cloud generative AI for production and recommendations. Read More.
• Positive Sentiment: Analyst coverage and commentaries are constructive: MarketBeat highlights a technical entry point after a pullback and many analysts still rate GOOGL as a buy; Zacks cites earnings growth and price strength as reasons to watch the stock. These viewpoints help support demand from long‑term and institutional investors. Read More.
• Neutral Sentiment: Google is reorganizing GFiber into a new independent venture with outside partners (Stonepeak/Astound); Alphabet becomes a minority owner — this recycles capital and reduces direct operational exposure, which is strategically neutral to positive but may have limited near‑term earnings impact. Read More.
• Neutral Sentiment: Recent short‑interest data in these feeds show zero or NaN values and are not meaningful — no clear short‑squeeze or covering signal from these reports. (Data appears erroneous.)
• Negative Sentiment: Regulatory pressure in key markets is rising: UK regulators have issued warnings and deadlines to tech firms on child safety online, adding potential compliance costs and uncertainty for large platforms. Read More.
• Negative Sentiment: Some commentary flags that Google’s AI leadership is being tested by competitors and market expectations — any signs of slowing AI monetization or execution stoke near‑term investor anxiety. Read More.

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.