2,000 Shares in Alphabet Inc. $GOOGL Acquired by 14B Captial Management LP

Key Points

• 14B Capital Management LP initiated a new position in Alphabet during the fourth quarter, buying 2,000 shares valued at about $626,000. Alphabet now accounts for roughly 0.5% of the firm’s portfolio.
• Institutional interest in Alphabet remains strong, with several large investors adding to or establishing stakes, and hedge funds/institutions owning 40.03% of the stock. The article also notes that Berkshire Hathaway previously bought a large Alphabet position.
• Alphabet reported solid quarterly results, beating earnings and revenue estimates, and it recently raised its quarterly dividend to $0.22 per share. Analysts remain broadly positive, with a consensus rating of Moderate Buy and an average target price of $413.13.

14B Captial Management LP acquired a new position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,000 shares of the information services provider's stock, valued at approximately $626,000. Alphabet comprises about 0.5% of 14B Captial Management LP's holdings, making the stock its 17th biggest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in GOOGL. CIBC Bancorp USA Inc. bought a new stake in Alphabet in the third quarter worth $416,217,000. NewEdge Wealth LLC increased its position in Alphabet by 11.8% in the fourth quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider's stock worth $277,696,000 after purchasing an additional 93,293 shares during the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust bought a new stake in Alphabet in the fourth quarter worth $28,902,000. Private Advisory Group LLC increased its position in Alphabet by 12.2% in the fourth quarter. Private Advisory Group LLC now owns 24,717 shares of the information services provider's stock worth $7,736,000 after purchasing an additional 2,678 shares during the last quarter. Finally, Berkshire Hathaway Inc bought a new stake in Alphabet in the third quarter worth $4,338,397,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Insider Activity

In other news, CAO Amie Thuener O'toole sold 617 shares of the business's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares of the company's stock, valued at approximately $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 102 shares of the business's stock in a transaction on Friday, May 29th. The shares were sold at an average price of $381.00, for a total transaction of $38,862.00. Following the sale, the director directly owned 18,721 shares of the company's stock, valued at $7,132,701. This represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 159,466 shares of company stock valued at $6,957,543. Insiders own 11.61% of the company's stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Google Cloud is gaining momentum, with HSBC announcing a multi-year partnership to expand its AI usage on Google Cloud, and another AI startup, Ineffable Intelligence, choosing Google Cloud as its preferred infrastructure partner. These deals reinforce Alphabet’s position in enterprise AI and cloud growth. HSBC partners with Google Cloud to expand AI usage
• Positive Sentiment: Google also unveiled a new Gemini-powered Google Home Speaker and broader Android 17/Gemini updates, highlighting continued product rollout across consumer devices and AI features that could support ecosystem engagement over time. Google bets on Gemini to reinvent the smart home speaker
• Positive Sentiment: At the G7, Google DeepMind’s Demis Hassabis joined other AI leaders in calling for a U.S.-led AI coalition, underscoring Alphabet’s influence in shaping the AI industry and keeping Google front and center in policy discussions. CEOs of Anthropic and Google DeepMind call for U.S.-led AI coalition in meeting at G7
• Neutral Sentiment: Analysts and commentary pieces remain mixed, with some still bullish on Alphabet’s AI and cloud growth while others warn that heavy capital spending, competition, and a stretched valuation could limit upside near term. Alphabet Drops 6% in a Month: Buy, Sell, or Hold the GOOGL Stock?
• Negative Sentiment: Alphabet faces fresh regulatory pressure in the U.K., where the competition watchdog set conduct requirements for Google Search to increase fairness and transparency in ranking results. That adds to worries about search monetization and long-term control over its core business. UK regulator sets out conduct requirements for Google's search services

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on GOOGL shares. UBS Group restated a "neutral" rating on shares of Alphabet in a research report on Wednesday, May 20th. Evercore lifted their price objective on shares of Alphabet from $400.00 to $420.00 and gave the stock an "outperform" rating in a research note on Thursday, April 30th. KeyCorp reaffirmed an "overweight" rating and set a $425.00 price objective on shares of Alphabet in a research note on Wednesday, May 20th. President Capital lifted their price objective on shares of Alphabet from $375.00 to $465.00 and gave the stock a "buy" rating in a research note on Tuesday, May 5th. Finally, Piper Sandler reaffirmed an "overweight" rating and set a $445.00 price objective (up from $425.00) on shares of Alphabet in a research note on Monday, June 1st. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $413.13.

Alphabet Stock Down 2.5%

Shares of GOOGL opened at $363.79 on Thursday. The firm has a market capitalization of $4.41 trillion, a P/E ratio of 27.75, a P/E/G ratio of 1.60 and a beta of 1.23. Alphabet Inc. has a 12-month low of $162.00 and a 12-month high of $408.61. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The firm has a fifty day moving average price of $364.75 and a 200-day moving average price of $331.35.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Equities research analysts expect that Alphabet Inc. will post 14.3 earnings per share for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a dividend of $0.22 per share. This is an increase from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, June 8th. Alphabet's payout ratio is presently 6.71%.

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.

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