Alphabet Inc. $GOOGL is Lantern Wealth Advisors LLC's 8th Largest Position

Key Points

• Lantern Wealth Advisors LLC increased its stake in Alphabet (NASDAQ:GOOGL) by 65.2% in Q3 to 25,435 shares (about $6.18M), making it the firm's 8th‑largest position and roughly 2.0% of its holdings.
• Insiders have been net sellers recently: CEO Sundar Pichai sold 32,500 shares (~$10.0M) and insiders disposed of ~2.11M shares worth $118.13M in the last quarter, though insiders still hold about 11.64% of the company.
• Key company developments — including DeepMind hiring Bridgewater’s chief scientist, the Wiz acquisition to bolster Google Cloud security, and a UK regulatory concession to let sites opt out of generative AI search — reinforce Alphabet’s AI/cloud growth narrative amid a consensus analyst view of a “Moderate Buy” (target ≈ $367).

Lantern Wealth Advisors LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 65.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,435 shares of the information services provider's stock after buying an additional 10,041 shares during the period. Alphabet accounts for approximately 2.0% of Lantern Wealth Advisors LLC's holdings, making the stock its 8th biggest position. Lantern Wealth Advisors LLC's holdings in Alphabet were worth $6,183,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet during the second quarter valued at approximately $31,000. iSAM Funds UK Ltd purchased a new stake in shares of Alphabet in the 3rd quarter worth approximately $53,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Alphabet in the 3rd quarter worth approximately $53,000. Corsicana & Co. bought a new position in Alphabet during the 3rd quarter valued at approximately $54,000. Finally, Sellwood Investment Partners LLC bought a new position in Alphabet during the 3rd quarter valued at approximately $63,000. 40.03% of the stock is owned by hedge funds and other institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a notable AI talent win that reinforces Alphabet’s product roadmap and competitive positioning in AI. Reuters: Sekhon to join DeepMind
• Positive Sentiment: Google’s Wiz acquisition expands Google Cloud’s security portfolio, strengthening the Cloud growth narrative that underpins future revenue diversification. Zacks: GOOGL's Wiz buyout
• Positive Sentiment: Regulatory concession: Google will let sites opt out of generative AI search features in the UK — reduces near‑term regulatory risk to search revenue. Reuters: Google to allow AI opt‑out
• Neutral Sentiment: Insider selling: CEO Sundar Pichai sold 32,500 shares and director John Hennessy sold a smaller stake — notable but small relative to total insider holdings; monitor for pattern. InsiderTrades: Pichai sale
• Neutral Sentiment: Short‑interest data in feeds appears anomalous/zero and does not indicate a meaningful short build or squeeze at present.
• Negative Sentiment: Macro/valuation headwinds: analysts flag $410B+ hyperscaler AI capex and uncertainty over returns, a theme that keeps pressure on tech multiples (including Alphabet). Fool: Reason tech stocks struggle
• Negative Sentiment: Competitive/market pressure: analyst pieces note rising competition in cloud analytics (Snowflake) and product battles that could temper near‑term share gains despite execution. Zacks: Snowflake vs Alphabet

Insiders Place Their Bets

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 the business's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of 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. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,110,165 shares of company stock valued at $118,134,117. 11.64% of the stock is currently owned by company insiders.

Alphabet Stock Performance

NASDAQ:GOOGL opened at $307.13 on Friday. The stock has a 50-day simple moving average of $318.17 and a two-hundred day simple moving average of $291.96. The firm has a market capitalization of $3.72 trillion, a PE ratio of 28.41, a P/E/G ratio of 1.80 and a beta of 1.10. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. 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:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a dividend of $0.21 per share. The ex-dividend date was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet's payout ratio is 7.77%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Mizuho upped their price target on shares of Alphabet from $400.00 to $410.00 and gave the stock an "outperform" rating in a research note on Thursday, February 5th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research note on Wednesday, January 21st. Evercore reaffirmed an "outperform" rating and issued a $400.00 target price (up from $325.00) on shares of Alphabet in a report on Thursday, February 5th. Piper Sandler reiterated an "overweight" rating and set a $395.00 price target (up from $365.00) on shares of Alphabet in a report on Thursday, February 5th. Finally, HSBC raised their price target on shares of Alphabet from $335.00 to $370.00 and gave the company a "buy" rating in a research report on Tuesday, December 2nd. Three analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $367.18.

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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