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1,981 Shares in Alphabet Inc. $GOOGL Purchased by DeLarme Wealth Management Inc.

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Key Points

  • DeLarme Wealth Management bought a new stake of 1,981 shares of Alphabet (GOOGL) in Q4 worth about $620,000, and institutional investors now own 40.03% of the company.
  • Alphabet beat Q1 expectations with $5.11 EPS vs. ~$2.64 consensus and $109.9B revenue; Google Cloud grew ~63% to over $20B and the company added ~25M paid subscriptions, underscoring AI/cloud-driven monetization momentum (including potential ads in Gemini).
  • Corporate insiders sold 2,037,192 shares (~$94.18M) last quarter, while analysts hold a consensus rating of "Moderate Buy" with an average price target of $369.67.
  • MarketBeat previews the top five stocks to own by June 1st.

DeLarme Wealth Management Inc. purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,981 shares of the information services provider's stock, valued at approximately $620,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. PMV Capital Advisers LLC bought a new position in Alphabet during the fourth quarter worth about $38,000. Kentucky Trust Co lifted its position in Alphabet by 142.9% during the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after acquiring an additional 100 shares during the last quarter. iSAM Funds UK Ltd acquired a new stake in Alphabet during the third quarter worth approximately $53,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Alphabet during the third quarter worth approximately $53,000. Finally, Maryland Capital Advisors Inc. lifted its position in Alphabet by 278.8% during the fourth quarter. Maryland Capital Advisors Inc. now owns 250 shares of the information services provider's stock worth $78,000 after acquiring an additional 184 shares during the last quarter. Institutional investors own 40.03% of the company's stock.

Alphabet Stock Up 0.0%

NASDAQ GOOGL opened at $349.94 on Thursday. 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 1-year low of $147.84 and a 1-year high of $355.79. The company has a 50 day moving average of $312.08 and a 200-day moving average of $307.27. The company has a market cap of $4.23 trillion, a price-to-earnings ratio of 32.37, a PEG ratio of 2.17 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.59 billion. On average, equities research analysts expect that Alphabet Inc. will post 11.53 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CAO Amie Thuener O'toole sold 617 shares of Alphabet stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director owned 18,418 shares of the company's stock, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,037,192 shares of company stock valued at $94,182,217 in the last quarter. Corporate insiders own 11.55% of the company's stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Q1 earnings beat and strong top-line — Alphabet reported $5.11 EPS vs. consensus ~ $2.62 and revenue ~ $109.9B, topping estimates; investors treated the print as confirmation that heavy AI/cloud spending is translating to growth. Read More.
  • Positive Sentiment: Google Cloud acceleration — Cloud revenue grew ~63% and surpassed $20B, signaling strong enterprise AI demand that materially boosted the quarter. This is a primary driver of the stock strength. Read More.
  • Positive Sentiment: Subscription and YouTube momentum — Alphabet added ~25M paid subscriptions (now ~350M) and YouTube ad revenue rose ~11%, showing diversified, recurring revenue beyond search ads. Read More.
  • Positive Sentiment: New monetization paths in AI — Management signaled openness to placing ads in Gemini/AI Mode and is enabling commerce inside AI apps via partners (e.g., Stripe), which creates additional long-term ad and transactions revenue streams. Read More. Read More.
  • Neutral Sentiment: Defense contracts could open new TAM — Alphabet signed classified-access arrangements with the U.S. DoD for Gemini models, creating a potential high-margin revenue stream but also raising ethical/backlash considerations. Investors view this as revenue-positive but reputationally mixed. Read More.
  • Neutral Sentiment: Analyst updates lift expectations — Some firms nudged FY estimates higher after the results, supporting the near-term bull case but also reflecting momentum already priced into the stock. Read More.
  • Negative Sentiment: Cloud capacity constraints — Management flagged capacity limits that may have constrained Cloud growth this quarter, raising questions about how quickly Alphabet can scale without heavy incremental capex or allocation trade-offs. That introduces near-term growth/ margin uncertainty. Read More.
  • Negative Sentiment: Governance, employee and regulatory risk — Shareholder groups and employees pushed for more safeguards over cloud/AI use (and Alphabet expanded Pentagon access), and EU/Australian policy moves could increase compliance costs or limit certain revenue channels. These are top-down risks that can weigh multiple quarters out. Read More. Read More.

Analyst Ratings Changes

Several equities research analysts have issued reports on GOOGL shares. Roth Mkm raised their price objective on shares of Alphabet from $365.00 to $395.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Wall Street Zen downgraded shares of Alphabet from a "buy" rating to a "hold" rating in a research report on Sunday, April 12th. Evercore restated an "outperform" rating and set a $400.00 price objective (up from $325.00) on shares of Alphabet in a research report on Thursday, February 5th. DZ Bank restated a "buy" rating on shares of Alphabet in a research report on Monday, February 16th. Finally, Robert W. Baird raised their price objective on shares of Alphabet from $375.00 to $380.00 and gave the stock an "outperform" rating in a research report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $369.67.

View Our Latest Research Report on GOOGL

Alphabet Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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