Nikulski Financial Inc. lessened its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 5.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 57,788 shares of the information services provider’s stock after selling 3,378 shares during the period. Alphabet accounts for 4.3% of Nikulski Financial Inc.’s investment portfolio, making the stock its 2nd biggest position. Nikulski Financial Inc.’s holdings in Alphabet were worth $18,088,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the company. Santori & Peters Inc. grew its holdings in Alphabet by 10.3% in the 4th quarter. Santori & Peters Inc. now owns 1,339 shares of the information services provider’s stock worth $419,000 after acquiring an additional 125 shares during the last quarter. Meyer Handelman Co. grew its holdings in Alphabet by 0.4% in the 4th quarter. Meyer Handelman Co. now owns 117,700 shares of the information services provider’s stock worth $36,840,000 after acquiring an additional 419 shares during the last quarter. Westmount Partners LLC grew its holdings in Alphabet by 15.4% in the 4th quarter. Westmount Partners LLC now owns 28,644 shares of the information services provider’s stock worth $8,966,000 after acquiring an additional 3,821 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in Alphabet by 1.7% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 229,711 shares of the information services provider’s stock worth $71,900,000 after acquiring an additional 3,774 shares during the last quarter. Finally, Guided Capital Wealth Management LLC grew its holdings in Alphabet by 26.1% in the 4th quarter. Guided Capital Wealth Management LLC now owns 8,090 shares of the information services provider’s stock worth $2,532,000 after acquiring an additional 1,676 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.
Insider Activity at Alphabet
In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction dated 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 SEC, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the sale, the chief executive officer directly owned 2,211,872 shares in the company, valued at $723,945,705.60. The trade was a 1.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,069,344 shares of company stock worth $104,708,426 over the last 90 days. 11.55% of the stock is currently owned by insiders.
Alphabet Trading Up 1.8%
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Equities analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.
Alphabet Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Broadcom signs a multi‑year deal to develop and supply Google’s next‑generation custom AI chips and data‑center components, reducing supply uncertainty for Google’s AI racks and supporting cloud/AI margin leverage. Broadcom signs long-term deal to develop Google’s custom AI chips (Reuters)
- Positive Sentiment: Expanded Broadcom/Google/Anthropic collaboration increases compute capacity commitments and validates strong demand for Google’s TPUs and rack infrastructure — a positive for Google Cloud positioning and unit economics. Broadcom agrees to expanded chip deals with Google, Anthropic (CNBC)
- Positive Sentiment: Anthropic’s increased compute deal with Google and Broadcom underscores rising demand for Google‑hosted model capacity and could boost revenue from enterprise AI partnerships. Anthropic ups compute deal with Google and Broadcom (TechCrunch)
- Positive Sentiment: CEO Sundar Pichai says the AI shift creates more opportunities to invest in startups (SpaceX, Anthropic cited), signaling proactive capital deployment into strategic AI partners and potential long‑term ecosystem benefits. Pichai: AI shift opens opportunities to invest in startups (CNBC)
- Positive Sentiment: Waymo opens driverless rides to the public in Nashville, advancing commercial autonomy efforts and potential ride‑hailing revenue streams for Alphabet’s self‑driving unit. Waymo Opens Driverless Rides to the Public in Nashville (CNET)
- Neutral Sentiment: Analyst commentary and trending coverage (Zacks, Citizens analyst update, market pieces) keep Alphabet on investors’ watchlists; these items support interest but don’t change fundamentals immediately. Alphabet lapping the market (Zacks)
- Negative Sentiment: Shareholder pressure over data‑center water and power use highlights potential permitting delays, higher compliance costs and reputational risk for large buildouts. Investors press Amazon, Microsoft and Google on water, power use (Reuters)
- Negative Sentiment: A NYT analysis questions the accuracy and sourcing of Google’s AI‑generated overviews, flagging reputational and regulatory risks that could affect ad quality and product trust. How Accurate Are Google’s A.I. Overviews? (NYT)
- Negative Sentiment: Insider sale by Alphabet’s CAO was reported; size is modest but such filings can be viewed negatively in short term. Insider Selling: CAO Sells Stock (American Banking News)
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on GOOGL shares. Wedbush raised their price target on shares of Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. New Street Research raised their price target on shares of Alphabet from $330.00 to $380.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Daiwa Securities Group raised their price target on shares of Alphabet from $333.00 to $380.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Cantor Fitzgerald reissued an “overweight” rating and issued a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Finally, Wells Fargo & Company dropped their target price on shares of Alphabet from $397.00 to $361.00 and set an “overweight” rating for the company in a research report on Thursday, April 2nd. Three research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $367.33.
View Our Latest Report on GOOGL
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.
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