Alphabet Inc. $GOOG is Perfromance Wealth Partners LLC's 4th Largest Position

Key Points

• Perfromance Wealth Partners LLC trimmed its stake in Alphabet by 1.3% in Q4 to 815,186 shares valued at $255.8M, making Alphabet about 6.9% of its portfolio and its fourth-largest holding.
• Insiders sold heavily last quarter—2,068,744 shares worth roughly $104.5M (including CEO Sundar Pichai’s 32,500-share sale)—leaving insiders with 12.99% ownership.
• Analysts are broadly constructive (average "Buy" rating, $345.71 target) after Alphabet beat Q4 estimates with $2.82 EPS and $113.83B revenue, though the company faces material legal and competitive risks including potential $218B arbitration claims, an Aptoide antitrust suit, and mounting ad competition.

Perfromance Wealth Partners LLC trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 815,186 shares of the information services provider's stock after selling 10,710 shares during the period. Alphabet comprises approximately 6.9% of Perfromance Wealth Partners LLC's portfolio, making the stock its 4th biggest holding. Perfromance Wealth Partners LLC's holdings in Alphabet were worth $255,805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of Alphabet by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock worth $24,240,469,000 after acquiring an additional 7,904,434 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of Alphabet by 5.8% during the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock worth $9,749,864,000 after acquiring an additional 2,209,203 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of Alphabet by 0.7% during the third quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider's stock worth $7,935,671,000 after acquiring an additional 223,743 shares in the last quarter. Capital World Investors raised its holdings in shares of Alphabet by 1.9% during the third quarter. Capital World Investors now owns 28,625,464 shares of the information services provider's stock worth $6,971,769,000 after acquiring an additional 539,679 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Alphabet by 3.6% during the third quarter. Invesco Ltd. now owns 21,531,348 shares of the information services provider's stock worth $5,243,960,000 after acquiring an additional 756,602 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares of the company's stock, valued at approximately $505,573,853.40. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 value of $318,580.50. Following the sale, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,068,744 shares of company stock valued at $104,505,914 in the last quarter. Insiders own 12.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Jefferies Financial Group reiterated a "buy" rating and set a $365.00 price objective on shares of Alphabet in a report on Monday, January 5th. Cantor Fitzgerald reissued a "neutral" rating on shares of Alphabet in a research report on Tuesday, January 20th. Pivotal Research reissued a "buy" rating and set a $420.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. BMO Capital Markets reissued an "outperform" rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Finally, DZ Bank raised shares of Alphabet to a "strong-buy" rating in a research report on Monday, February 16th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $345.71.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Top analysts expect strong Q1 momentum and continued earnings/AI-driven growth, supporting near-term upside into the company’s upcoming catalysts (earnings, Google I/O). Early Take: Top Analyst Weighs In on Alphabet (GOOGL) Ahead of Q1 Earnings
• Positive Sentiment: DeepMind released a new robotics AI model and opened it to developers — a tangible AI productization step that reinforces Alphabet’s competitive AI moat and potential commercial pathways for Cloud/robotics. Google DeepMind Releases New AI Model to Bring Robots Closer to Real Autonomy
• Positive Sentiment: Citi put Alphabet on a positive 90-day catalyst watch citing Q1 results, Google I/O and Cloud Next as potential catalysts — institutional attention can amplify gains into those events. Alphabet (GOOG) Stock Gains Citi’s Positive Catalyst Watch Through July
• Positive Sentiment: Strategic chip/AI supply deals (Broadcom + Google TPUs and expanded Anthropic collaboration) de‑risk Alphabet’s AI infrastructure story and support investor confidence in long-term AI monetization. Here is why Alphabet (GOOGL) Is Among the High-Flying AI Stocks to Buy
• Neutral Sentiment: Bull/bear price models and buy signals (e.g., 24/7 Wall St. target ~ $352) provide upside narratives but depend on execution in Cloud/AI and ad resilience. Google Price Prediction: Bull and Bear Case
• Negative Sentiment: Mass arbitration claims tied to ad tech and search rulings could expose Alphabet to as much as $218 billion in damages — a large potential liability that raises regulatory/legal overhang and investor uncertainty. Alphabet Faces $218 Billion Mass Arbitration Claims Over Ad Tech And Search Rulings
• Negative Sentiment: New antitrust suit from rival Android app store Aptoide alleges Google monopolizes app distribution and billing — adds to legal risk profile and could pressure Android-related revenue or margins if rulings are unfavorable. Google sued by rival app store Aptoide over alleged monopoly
• Negative Sentiment: Competitive pressure in digital ads: Emarketer/WSJ projections show Meta may overtake Google in net ad revenue this year — a structural risk for Google’s largest business that could weigh on longer-term top-line growth. Meta poised to surpass Google in digital ad revenue for first time, report says

Alphabet Trading Up 3.5%

Shares of NASDAQ:GOOG opened at $330.43 on Wednesday. The company has a market cap of $4.00 trillion, a P/E ratio of 30.57, a P/E/G ratio of 1.97 and a beta of 1.13. The stock's 50-day moving average is $305.60 and its 200-day moving average is $300.37. Alphabet Inc. has a 52-week low of $148.40 and a 52-week high of $350.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm's revenue was up 18.0% compared to the same quarter last year. During the same period last year, the business posted $2.15 earnings per share. Equities research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The firm 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 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%.

About Alphabet

Alphabet Inc NASDAQ: GOOG is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as "Other Bets." Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company's history.

Alphabet's core business centers on internet search and advertising, with Google Search and the company's ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.

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