Frank Rimerman Advisors LLC Has $78.92 Million Position in Alphabet Inc. $GOOGL

Frank Rimerman Advisors LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 252,137 shares of the information services provider’s stock after purchasing an additional 11,466 shares during the period. Alphabet makes up 5.0% of Frank Rimerman Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Frank Rimerman Advisors LLC’s holdings in Alphabet were worth $78,919,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in GOOGL. Brighton Jones LLC boosted its position in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after purchasing an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after purchasing an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY boosted its position in shares of Alphabet by 17.6% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock valued at $685,000 after purchasing an additional 581 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in Alphabet by 11.2% during the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock valued at $85,557,000 after buying an additional 48,805 shares in the last quarter. Finally, United Bank lifted its stake in Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock valued at $8,495,000 after buying an additional 3,120 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Waymo expands public driverless service to Nashville — a visible commercialization milestone for Alphabet’s autonomous-vehicle unit that supports the narrative Waymo is moving from R&D toward revenue-generating rides and partnerships. Alphabet Climbs 4% on Waymo’s Nashville Expansion
• Positive Sentiment: Wing (Alphabet) and DoorDash expand drone deliveries into Atlanta — incremental commercial rollouts help validate Wing’s delivery economics and widen addressable market for autonomous logistics. Alphabet’s Wing Drone Unit, DoorDash Expand Into Atlanta
• Positive Sentiment: Broadcom deepens multi-year AI chip and networking deals with Google and Anthropic — secures TPU supply/ networking for Google’s AI racks and signals growing third‑party demand for Google’s TPU stack, which supports Google Cloud’s AI positioning. This reduces supply risk and underpins cloud/infrastructure growth. Alphabet Broadcom AI Chip Deal Underscores Undervalued Google Compute Power
• Positive Sentiment: Google Cloud momentum — Market commentary shows Google Cloud is the fastest-growing major hyperscaler, with big AI-driven revenue growth, growing backlog and TPU advantage, reinforcing medium‑term revenue/earnings outlook. Google Cloud Is the World’s Fastest-Growing Major Cloud Platform
• Neutral Sentiment: Analyst ratings and price targets lifted — Cantor Fitzgerald reiterated overweight ($370) and Needham reaffirmed buy ($400), providing directional upside thesis but not immediate fundamental change. Analyst Coverage
• Neutral Sentiment: Broad market tailwinds (ceasefire news) are boosting tech risk appetite — a macro bid helped push Magnificent Seven names higher alongside company-specific catalysts. Tech rally after ceasefire announcement
• Negative Sentiment: Data‑center siting concerns and environmental scrutiny (water/land/energy) could slow some capacity builds and raise costs — a potential operational risk for hyperscalers including Google Cloud. Data center community pushback
• Negative Sentiment: Ongoing content/AI accuracy and regulatory scrutiny (e.g., coverage of AI overviews) remain reputational and compliance risks that could affect ad/AI product adoption or require costly adjustments. How Accurate Are Google’s A.I. Overviews?

Alphabet Price Performance

NASDAQ GOOGL opened at $317.32 on Thursday. The company has a 50 day simple moving average of $307.67 and a 200-day simple moving average of $297.75. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market capitalization of $3.84 trillion, a price-to-earnings ratio of 29.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.12. Alphabet Inc. has a 52-week low of $143.90 and a 52-week high of $349.00.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.

Analyst Ratings Changes

A number of research firms have commented on GOOGL. Bank of America upped their price objective on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Sanford C. Bernstein upped their price objective on shares of Alphabet from $305.00 to $335.00 and gave the company a “market perform” rating in a research note on Monday, February 2nd. Loop Capital upped their price objective on shares of Alphabet from $320.00 to $355.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Canaccord Genuity Group set a $415.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Finally, Roth Mkm upped their price objective on shares of Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Three investment 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’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $367.33.

Insiders Place Their Bets

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the completion of the sale, the chief executive officer directly owned 1,642,060 shares of the company’s stock, valued at $505,573,853.40. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Kent Walker sold 8,993 shares of the stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the completion of the sale, the insider directly owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,069,344 shares of company stock valued at $104,708,426 over the last ninety days. Insiders own 11.64% of the company’s stock.

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.