Capital Asset Advisory Services LLC Decreases Stock Holdings in Alphabet Inc. $GOOGL

Capital Asset Advisory Services LLC lowered its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 15.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,978 shares of the information services provider’s stock after selling 9,459 shares during the period. Capital Asset Advisory Services LLC’s holdings in Alphabet were worth $15,710,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Alphabet in the second quarter worth about $21,944,208,000. Berkshire Hathaway Inc purchased a new position in Alphabet during the 3rd quarter valued at $4,338,397,000. Laurel Wealth Advisors LLC raised its holdings in Alphabet by 17,667.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock worth $2,686,640,000 after purchasing an additional 15,159,273 shares in the last quarter. Capital World Investors raised its holdings in Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock worth $12,910,542,000 after purchasing an additional 11,605,785 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Alphabet by 51.7% in the 2nd quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock worth $5,607,232,000 after purchasing an additional 10,843,853 shares during the period. Institutional investors own 40.03% of the company’s stock.

Alphabet Trading Down 2.3%

Shares of GOOGL stock opened at $274.34 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. The stock has a market capitalization of $3.32 trillion, a P/E ratio of 25.38, a P/E/G ratio of 1.64 and a beta of 1.10. The firm’s 50 day moving average is $313.07 and its 200 day moving average is $294.62.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share 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 business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst upgrades and price-target raises reinforce bullish medium-term views — Wells Fargo raised its price target and kept an Overweight rating, and Needham reaffirmed its Buy with a $400 target; MarketBeat and other outlets note heavy analyst upgrading of GOOGL. These moves support upside expectations despite short-term weakness. Read More.
• Positive Sentiment: Alphabet’s AI innovation (TurboQuant / Gemini traction) is being framed as a competitive advantage — the company’s new compression research and Gemini adoption could lower AI operating costs and drive product differentiation, strengthening long-term revenue prospects. This is part of why some analysts lifted estimates and price targets. Read More.
• Positive Sentiment: Fundamentals remain solid: recent earnings beat, robust cloud growth and advertising resilience provide a valuation anchor and a reason many institutions view pullbacks as buying opportunities. Read More.
• Neutral Sentiment: Technical correction — the stock has moved below $300 and broken key short-term support, which can amplify volatility even if the longer-term trend stays intact; investors should watch $280–$260 support zones. Read More.
• Neutral Sentiment: Executive departure in India: Google’s top India counsel resigned amid ongoing regulatory challenges in a key market, a factor to monitor for regional regulatory execution but not an immediate earnings driver. Read More.
• Negative Sentiment: Landmark jury verdicts finding YouTube/Google liable in social-media addiction cases have created legal overhang and the possibility of broader litigation or regulatory exposure — courts and commentators compare potential fallout to past “Big Tobacco”-style settlements, increasing perceived legal risk for Alphabet. Read More.
• Negative Sentiment: New lawsuits allege Google’s search/AI features disclosed personal information of Jeffrey Epstein victims; such privacy/AI-related claims add another legal/regulatory headline that can pressure sentiment and increase potential litigation costs or product changes. Read More.
• Negative Sentiment: Broader tech selloff — geopolitical war worries and landmark Meta legal losses have sparked rotation out of large-cap tech this week, amplifying Alphabet’s decline despite company-specific strengths. Market risk sentiment is a near-term headwind. Read More.

Analyst Ratings Changes

GOOGL has been the subject of a number of research reports. Wells Fargo & Company increased their price target on shares of Alphabet from $387.00 to $397.00 and gave the stock an “overweight” rating in a research note on Friday. Guggenheim reiterated a “buy” rating and set a $375.00 target price (up from $330.00) on shares of Alphabet in a report on Monday, December 1st. Jefferies Financial Group increased their target price on Alphabet from $365.00 to $400.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Barclays restated an “overweight” rating and issued a $360.00 target price (up from $315.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, KeyCorp set a $370.00 price target on Alphabet and gave the company an “overweight” rating in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $368.06.

Insider Buying and Selling at Alphabet

In related news, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 2,110,165 shares of company stock worth $118,134,117. 11.64% of the stock is owned by corporate insiders.

Alphabet 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.