1900 Wealth Management LLC Purchases 3,073 Shares of Alphabet Inc. $GOOGL

Key Points

• 1900 Wealth Management LLC boosted its stake in Alphabet (GOOGL) by 32.4% in Q4, buying 3,073 shares to own 12,563 shares valued at about $3.93 million.
• Significant insider selling occurred recently: 2017 Gp L.L.C. Gv sold 1,845,308 shares (≈$35.06M) on Jan. 30, insiders sold 2,069,344 shares worth roughly $104.7M in the last 90 days, though insiders still own about 11.55% of the company.
• Wall Street remains broadly positive with an average price target near $366.92, driven by AI/cloud partnerships and YouTube monetization, but regulatory risks for Waymo and international content enforcement present potential headwinds.

1900 Wealth Management LLC increased its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 32.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,563 shares of the information services provider's stock after purchasing an additional 3,073 shares during the period. 1900 Wealth Management LLC's holdings in Alphabet were worth $3,932,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Three Magnolias Financial Advisors LLC bought a new stake in Alphabet in the 4th quarter valued at $208,000. Investment Planning Advisors Inc. increased its holdings in Alphabet by 17.4% in the 4th quarter. Investment Planning Advisors Inc. now owns 2,529 shares of the information services provider's stock valued at $792,000 after acquiring an additional 375 shares during the last quarter. ASL Financial LLC bought a new stake in Alphabet in the 4th quarter valued at $764,000. Essex LLC grew its stake in shares of Alphabet by 0.4% in the 4th quarter. Essex LLC now owns 25,108 shares of the information services provider's stock worth $7,859,000 after buying an additional 91 shares in the last quarter. Finally, Wealth Management Associates Inc. grew its stake in shares of Alphabet by 4.9% in the 4th quarter. Wealth Management Associates Inc. now owns 14,348 shares of the information services provider's stock worth $4,491,000 after buying an additional 676 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Insider Activity

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director directly owned 4,631 shares of the company's stock, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,069,344 shares of company stock worth $104,708,426 in the last 90 days. Company insiders own 11.55% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Stronger AI/cloud positioning: Google expanded its multi‑year AI infrastructure partnership with Intel to co‑develop processors and power Google Cloud AI workloads — a sign of durable demand for cloud AI capacity that supports Google Cloud revenue growth. Read More.
• Positive Sentiment: Broadcom and Anthropic deals validate Google’s AI infrastructure strategy and the broader market for non‑NVIDIA accelerators — a constructive signal for Alphabet’s AI cost and supply relationships. Read More.
• Positive Sentiment: Analyst and media bullishness on AI adoption: BNP Paribas and other commentators highlight Gemini and Anthropic as drivers that can take share in the generative AI market, underpinning ad/productivity monetization upside for Alphabet. Read More.
• Positive Sentiment: Monetization tailwind — YouTube raised U.S. Premium prices, which should boost ARPU and subscription revenue over time. Read More.
• Positive Sentiment: Bullish price‑target action from Mizuho (raised to $420) reinforces upside thesis for investors focused on long‑term AI/cloud gains. (No link)
• Neutral Sentiment: Short interest report is effectively meaningless/noisy for today’s move (data shows zero shares / reporting artifact), so it’s not the driver of the stock’s action. (No link)
• Negative Sentiment: Regulatory risk for Waymo: A California bill would require more human operators for robotaxis, raising operating costs and regulatory uncertainty for Alphabet’s autonomous‑vehicle ambitions. Read More.
• Negative Sentiment: International/content regulatory pressure: Indonesia issued a reprimand to YouTube over new social media rules for children, underscoring regional enforcement risk that can hit engagement or require costly compliance changes. Read More.
• Negative Sentiment: Analyst downgrade pressure: Wolfe Research trimmed its price target from $390 to $360, which increases short‑term selling pressure despite the firm still rating the stock “outperform.” (No link)

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Moffett Nathanson lifted their price objective on shares of Alphabet from $305.00 to $350.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Wells Fargo & Company dropped their price objective on shares of Alphabet from $397.00 to $361.00 and set an "overweight" rating for the company in a research note on Thursday, April 2nd. Tigress Financial set a $415.00 price objective on shares of Alphabet and gave the stock a "strong-buy" rating in a research note on Thursday, February 19th. Evercore reissued an "outperform" rating and issued a $400.00 price objective (up from $325.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, Argus lifted their price objective on shares of Alphabet from $365.00 to $385.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Alphabet presently has an average rating of "Moderate Buy" and an average price target of $366.92.

Alphabet Price Performance

GOOGL stock opened at $317.20 on Monday. Alphabet Inc. has a 12 month low of $146.10 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 $306.85 and a 200 day moving average price of $299.04. The stock has a market cap of $3.84 trillion, a PE ratio of 29.34, a P/E/G ratio of 1.95 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping 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 firm had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. Equities research analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

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

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.

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