Alphabet Inc. $GOOGL is FSA Advisors Inc.'s 2nd Largest Position

Key Points

• FSA Advisors Inc. massively increased its Alphabet stake by 3,134.4% in Q4, ending with 104,179 shares valued at about $32.6 million. Alphabet is now the fund’s second-largest position.
• Alphabet’s latest quarter beat expectations, with EPS of $5.11 versus $2.64 expected and revenue of $109.9 billion versus $106.98 billion forecast. The company also raised its quarterly dividend to $0.22 per share.
• Analysts remain broadly positive on Alphabet, with a Moderate Buy consensus and an average target price of $412.65. Key overhangs include the ongoing antitrust appeal, while AI initiatives and Google Cloud growth continue to support sentiment.

FSA Advisors Inc. increased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 3,134.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 104,179 shares of the information services provider's stock after buying an additional 100,958 shares during the period. Alphabet comprises about 5.7% of FSA Advisors Inc.'s holdings, making the stock its 2nd biggest position. FSA Advisors Inc.'s holdings in Alphabet were worth $32,608,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the company. CIBC Bancorp USA Inc. purchased a new stake in Alphabet in the 3rd quarter worth approximately $416,217,000. Sovran Advisors LLC lifted its position in shares of Alphabet by 23.6% in the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider's stock worth $5,401,000 after purchasing an additional 4,241 shares during the period. Wright Investors Service Inc. lifted its position in shares of Alphabet by 21.2% in the 3rd quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider's stock worth $12,171,000 after purchasing an additional 8,746 shares during the period. Belpointe Asset Management LLC lifted its position in shares of Alphabet by 5.4% in the 3rd quarter. Belpointe Asset Management LLC now owns 72,608 shares of the information services provider's stock worth $17,652,000 after purchasing an additional 3,740 shares during the period. Finally, CIBC Asset Management Inc lifted its position in shares of Alphabet by 3.8% in the 3rd quarter. CIBC Asset Management Inc now owns 1,666,577 shares of the information services provider's stock worth $405,131,000 after purchasing an additional 60,831 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O'toole sold 955 shares of Alphabet stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares of the company's stock, valued at approximately $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $303.38, for a total transaction of $9,859,850.00. Following the completion of the transaction, the chief executive officer directly owned 1,674,560 shares of the company's stock, valued at $508,028,012.80. This trade represents a 1.90% 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 226,481 shares of company stock valued at $27,422,061. 11.61% of the stock is owned by company insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Q1 results were highlighted as one of the strongest among the Mag 7, with Google Cloud showing accelerating sales growth and broader AI momentum helping investor sentiment. Alphabet and NVIDIA: The Biggest Mag 7 Winners This Earnings Season
• Positive Sentiment: Google’s I/O announcements continued to reinforce Alphabet’s AI story, including new AI search experiences, agent tools, and upcoming AI glasses that suggest the company is expanding beyond traditional search. We tried Google's AI glasses and they're almost there
• Positive Sentiment: Analysts remain constructive on the stock, with multiple firms reiterating positive views and new AI ad formats seen as potentially boosting conversions and monetization in Search and Commerce. Alphabet's new AI ad formats seen boosting conversions and spending
• Positive Sentiment: Google unveiled a $15 billion Missouri data center investment, underscoring continued capital spending to support AI infrastructure and cloud demand. Google Unveils $15 Billion Missouri Data Center Investment
• Neutral Sentiment: Several articles discussed Google’s revamped AI-driven search experience and agent ecosystem, which are strategically important but still too early to measure their near-term financial impact. Google is pitching an AI agent ecosystem to consumers who may not buy it
• Negative Sentiment: Waymo temporarily suspended service in multiple cities after robotaxis drove into flooded roads, adding another safety and execution concern for Alphabet’s autonomous vehicle unit. Waymo suspends freeway rides, pauses Atlanta operations amid safety fixes
• Negative Sentiment: Google’s appeal of the antitrust ruling remains the biggest overhang, since a loss or forced remedies could eventually weigh on the company’s core search and advertising economics. Google appeals US court ruling on search monopoly

Alphabet Stock Down 1.2%

Shares of NASDAQ:GOOGL opened at $382.97 on Friday. The stock has a fifty day simple moving average of $337.75 and a two-hundred day simple moving average of $321.26. The stock has a market capitalization of $4.64 trillion, a price-to-earnings ratio of 29.21, a PEG ratio of 1.66 and a beta of 1.26. 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.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $109.90 billion during the quarter, compared to analysts' expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. On average, research analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.2%. This is a boost from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. Alphabet's dividend payout ratio is presently 6.41%.

Analyst Ratings Changes

GOOGL has been the subject of several research analyst reports. Susquehanna reaffirmed a "positive" rating and issued a $460.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Wedbush raised their target price on Alphabet from $360.00 to $370.00 and gave the company an "outperform" rating in a research note on Thursday, February 5th. Evercore raised their target price on Alphabet from $400.00 to $420.00 and gave the company an "outperform" rating in a research note on Thursday, April 30th. Piper Sandler restated an "overweight" rating and issued a $425.00 target price (up from $395.00) on shares of Alphabet in a research note on Thursday, April 30th. Finally, Needham & Company LLC restated a "buy" rating and issued a $450.00 target price on shares of Alphabet in a research note on Wednesday. Two equities research 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 company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $412.65.

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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