Alphabet Inc. $GOOGL is MGO One Seven LLC's 7th Largest Position

Key Points

• MGO One Seven LLC increased its Alphabet stake by 17.9% in the fourth quarter, bringing its holdings to 186,912 shares valued at about $58.5 million and making Alphabet its 7th-largest position.
• Alphabet continues to draw attention for its AI momentum, including new AI-powered ad products, cloud growth, and reports of major planned infrastructure spending that could reach up to $190 billion by 2026.
• Regulatory risk remains a key overhang, with reports that the European Union may impose a large antitrust fine and Google’s search monopoly appeal still unresolved.

MGO One Seven LLC boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 17.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 186,912 shares of the information services provider's stock after acquiring an additional 28,381 shares during the quarter. Alphabet accounts for 1.2% of MGO One Seven LLC's portfolio, making the stock its 7th biggest holding. MGO One Seven LLC's holdings in Alphabet were worth $58,503,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. PMV Capital Advisers LLC purchased a new position in Alphabet during the 4th quarter valued at $38,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Alphabet in the 3rd quarter worth $53,000. Kentucky Trust Co lifted its holdings in shares of Alphabet by 142.9% in the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after buying an additional 100 shares during the period. iSAM Funds UK Ltd purchased a new stake in shares of Alphabet in the 3rd quarter worth $53,000. Finally, Sellwood Investment Partners LLC purchased a new stake in shares of Alphabet in the 3rd quarter worth $63,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is being highlighted as a strong AI investment thanks to its vertically integrated AI stack and cloud growth, which some analysts say could help it compete effectively in the booming AI data center market.
• Positive Sentiment: Google rolled out new AI-powered ad products at Marketing Live, including Gemini-based ad formats and AI search checkout tools, which could expand ad monetization and strengthen its core advertising business. Article Title
• Positive Sentiment: Reports that Alphabet may invest up to $190 billion by 2026 underscore its aggressive push into AI and infrastructure, signaling continued long-term spending to defend and grow its leadership position.
• Positive Sentiment: Coverage suggesting Alphabet has the tools to win the AI race and remains a top-ranked growth stock may be reinforcing investor confidence in the company’s earnings and strategic outlook.
• Neutral Sentiment: Alphabet’s Waymo unit faced service interruptions in some cities due to flooded roads and construction zones, a reminder that the autonomous driving business still has operational hurdles.
• Neutral Sentiment: Commentary around Google’s AI security challenges and its smart-glasses partnerships adds to the long-term innovation story, but these developments are not likely to move the stock immediately.
• Negative Sentiment: The European Union is reportedly preparing to fine Google a high triple-digit million-euro amount as part of an antitrust investigation, increasing regulatory risk for Alphabet’s core business and pressuring sentiment. Article Title
• Negative Sentiment: Google is also appealing a court ruling tied to its search monopoly, keeping antitrust uncertainty alive for investors focused on the durability of its search dominance.

Insider Transactions at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business's stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $303.38, for a total value 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 approximately $508,028,012.80. The trade was a 1.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 226,481 shares of company stock worth $27,422,061. Company insiders own 11.61% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on GOOGL shares. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a report on Monday, April 20th. DZ Bank reiterated a "buy" rating on shares of Alphabet in a report on Monday, February 16th. HSBC upped their target price on Alphabet from $385.00 to $435.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Needham & Company LLC reiterated a "buy" rating and issued a $450.00 target price on shares of Alphabet in a report on Wednesday, May 20th. Finally, Arete Research upped their target price on Alphabet from $405.00 to $425.00 and gave the stock a "buy" rating in a report on Monday, May 18th. Two 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. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $412.65.

Alphabet Stock Performance

GOOGL opened at $382.97 on Tuesday. The firm has a market cap of $4.64 trillion, a price-to-earnings ratio of 29.21, a PEG ratio of 1.64 and a beta of 1.26. 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 Inc. has a 12 month low of $162.00 and a 12 month high of $408.61. The stock has a fifty day moving average price of $339.34 and a 200-day moving average price of $322.26.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate 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 return on equity of 38.99% and a net margin of 37.92%. As a group, equities research analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

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

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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