Alphabet Inc. $GOOGL is Invera Wealth Advisors LLC's 2nd Largest Position

Key Points

• Invera Wealth Advisors trimmed its Alphabet (GOOGL) stake by 9.4% in Q4, leaving it with 21,801 shares worth $6.82M, or about 4.3% of the firm's portfolio and its 2nd-largest holding.
• Market attention is focused on Alphabet’s upcoming earnings and AI initiatives—particularly Gemini—with commercial wins (DoD adoption) and an AI campus in South Korea boosting bullish analyst sentiment and recent price-target upgrades.
• Insider activity shows CEO Sundar Pichai sold 32,500 shares in March, and insiders sold about 2.04M shares (~$94.2M) over the last 90 days, while insiders own 11.55% and institutions own ~40% of the stock.

Invera Wealth Advisors LLC trimmed its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 9.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,801 shares of the information services provider's stock after selling 2,262 shares during the quarter. Alphabet comprises about 4.3% of Invera Wealth Advisors LLC's investment portfolio, making the stock its 2nd biggest position. Invera Wealth Advisors LLC's holdings in Alphabet were worth $6,824,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GOOGL. Eagle Bay Advisors LLC increased its position in Alphabet by 0.7% in the fourth quarter. Eagle Bay Advisors LLC now owns 5,775 shares of the information services provider's stock worth $1,807,000 after purchasing an additional 41 shares during the last quarter. Third View Private Wealth LLC bought a new position in Alphabet during the fourth quarter valued at $24,265,000. Sheridan Capital Management LLC lifted its position in Alphabet by 1.9% during the fourth quarter. Sheridan Capital Management LLC now owns 1,885 shares of the information services provider's stock valued at $590,000 after purchasing an additional 35 shares during the last quarter. Hudson Oak Wealth Advisory LLC purchased a new position in shares of Alphabet in the 4th quarter worth $297,000. Finally, Charter Oak Capital Management LLC grew its stake in shares of Alphabet by 2.1% in the 4th quarter. Charter Oak Capital Management LLC now owns 4,513 shares of the information services provider's stock worth $1,412,000 after buying an additional 91 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market attention is squarely on Alphabet’s earnings and Gemini/AI spending updates, which investors expect could drive revenue and engagement. Alphabet earnings on tap with Gemini, AI spending updates in focus with stock near record high
• Positive Sentiment: The U.S. Department of Defense added Google’s Gemini for Government models to its secure GenAI.mil platform — a commercial win that supports enterprise/government adoption and recurring revenue potential. What's Behind The Boost In Alphabet Stock Today?
• Positive Sentiment: South Korea and Google agreed to build an AI campus in Seoul — a strategic move to expand R&D, talent and local partnerships that supports long-term AI product development. Google to build AI campus in South Korea, presidential office says
• Positive Sentiment: Prominent bullish commentary (e.g., Jim Cramer) highlights Alphabet’s diversified AI-driven revenue “mosaic,” supporting investor sentiment and flows into the stock. Jim Cramer Says “Alphabet Has a Mosaic Like None Other”
• Neutral Sentiment: Analyst notes and market pieces flag that strong post-earnings moves are possible (heightened volatility around the report); options activity is mixed versus peers. Here's How Much Google Parent Alphabet Stock Is Expected to Move After Earnings
• Negative Sentiment: The EU is pressing Google to open Android to AI rivals and regulators gave pointers to improve rivals’ access to Google services — potential regulatory changes that could hurt margins or product control. EU tells Google to open Android to AI rivals
• Negative Sentiment: Investors are pushing for more climate transparency tied to AI data center energy use (shareholder proposal from Trillium) — this could increase disclosure and potentially capex/operational scrutiny as AI workloads scale. Alphabet Investors Press For AI Data Center Climate Transparency

Alphabet Trading Up 1.7%

Shares of NASDAQ GOOGL opened at $350.34 on Tuesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The business's 50 day moving average price is $310.19 and its 200-day moving average price is $306.18. Alphabet Inc. has a fifty-two week low of $147.84 and a fifty-two week high of $353.18. The company has a market cap of $4.24 trillion, a price-to-earnings ratio of 32.41, a PEG ratio of 2.13 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.57 by $0.25. The company had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. On average, sell-side analysts expect that Alphabet Inc. will post 11.53 earnings per share for the current year.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the transaction, the chief executive officer owned 1,642,060 shares of the company's stock, valued at $505,573,853.40. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the sale, the director owned 18,418 shares of the company's stock, valued at $5,580,469.82. The trade was a 0.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,037,294 shares of company stock valued at $94,216,897. 11.55% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. KeyCorp upped their target price on shares of Alphabet from $370.00 to $380.00 and gave the company an "overweight" rating in a research report on Monday, April 20th. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a research report on Monday, April 20th. Citizens Jmp restated a "market outperform" rating and set a $385.00 price objective on shares of Alphabet in a research report on Monday, April 13th. Wolfe Research lowered their price objective on Alphabet from $390.00 to $360.00 and set an "outperform" rating for the company in a research note on Friday, April 10th. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $375.00 target price (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $369.67.

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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