Alphabet Inc. $GOOGL is RBA Wealth Management LLC's Largest Position

Key Points

• RBA Wealth Management trimmed its Alphabet stake by 7.3% in Q4 to 40,209 shares (worth $12.59M), but Alphabet still represents 4.3% of RBA's portfolio, making it the firm's largest holding.
• Alphabet posted a strong Q1 beat—$5.11 EPS vs. ~$2.64 consensus and $109.9B revenue—driven by ~63% Google Cloud growth (now >$20B) and subscription/YouTube momentum, with management highlighting new AI monetization opportunities.
• The stock carries a consensus rating of Moderate Buy (consensus target $369.67); insiders have sold roughly 2.04M shares (~$94.2M) in the past 90 days while institutional investors own about 40% of the company.

RBA Wealth Management LLC trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 7.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,209 shares of the information services provider's stock after selling 3,158 shares during the period. Alphabet comprises 4.3% of RBA Wealth Management LLC's investment portfolio, making the stock its biggest holding. RBA Wealth Management LLC's holdings in Alphabet were worth $12,585,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Integrated Capital Management LLC raised its stake in shares of Alphabet by 4.4% during the 4th quarter. Integrated Capital Management LLC now owns 63,525 shares of the information services provider's stock worth $19,883,000 after buying an additional 2,687 shares in the last quarter. Invested Advisors raised its stake in shares of Alphabet by 4.4% during the 4th quarter. Invested Advisors now owns 5,813 shares of the information services provider's stock worth $1,819,000 after buying an additional 245 shares in the last quarter. Bernardo Wealth Planning LLC raised its stake in shares of Alphabet by 7.5% during the 4th quarter. Bernardo Wealth Planning LLC now owns 2,407 shares of the information services provider's stock worth $753,000 after buying an additional 167 shares in the last quarter. BCS Wealth Management raised its stake in shares of Alphabet by 237.1% during the 4th quarter. BCS Wealth Management now owns 11,324 shares of the information services provider's stock worth $3,545,000 after buying an additional 7,965 shares in the last quarter. Finally, Cordatus Wealth Management LLC raised its stake in shares of Alphabet by 5.2% during the 4th quarter. Cordatus Wealth Management LLC now owns 4,580 shares of the information services provider's stock worth $1,434,000 after buying an additional 227 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Performance

NASDAQ GOOGL opened at $349.94 on Thursday. Alphabet Inc. has a 1-year low of $147.84 and a 1-year high of $355.79. The company has a market capitalization of $4.23 trillion, a P/E ratio of 32.37, a PEG ratio of 2.17 and a beta of 1.12. The business has a 50 day moving average price of $312.08 and a 200 day moving average price of $307.27. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.59 billion. Sell-side analysts expect that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings beat and strong top-line — Alphabet reported $5.11 EPS vs. consensus ~ $2.62 and revenue ~ $109.9B, topping estimates; investors treated the print as confirmation that heavy AI/cloud spending is translating to growth. Read More.
• Positive Sentiment: Google Cloud acceleration — Cloud revenue grew ~63% and surpassed $20B, signaling strong enterprise AI demand that materially boosted the quarter. This is a primary driver of the stock strength. Read More.
• Positive Sentiment: Subscription and YouTube momentum — Alphabet added ~25M paid subscriptions (now ~350M) and YouTube ad revenue rose ~11%, showing diversified, recurring revenue beyond search ads. Read More.
• Positive Sentiment: New monetization paths in AI — Management signaled openness to placing ads in Gemini/AI Mode and is enabling commerce inside AI apps via partners (e.g., Stripe), which creates additional long-term ad and transactions revenue streams. Read More. Read More.
• Neutral Sentiment: Defense contracts could open new TAM — Alphabet signed classified-access arrangements with the U.S. DoD for Gemini models, creating a potential high-margin revenue stream but also raising ethical/backlash considerations. Investors view this as revenue-positive but reputationally mixed. Read More.
• Neutral Sentiment: Analyst updates lift expectations — Some firms nudged FY estimates higher after the results, supporting the near-term bull case but also reflecting momentum already priced into the stock. Read More.
• Negative Sentiment: Cloud capacity constraints — Management flagged capacity limits that may have constrained Cloud growth this quarter, raising questions about how quickly Alphabet can scale without heavy incremental capex or allocation trade-offs. That introduces near-term growth/ margin uncertainty. Read More.
• Negative Sentiment: Governance, employee and regulatory risk — Shareholder groups and employees pushed for more safeguards over cloud/AI use (and Alphabet expanded Pentagon access), and EU/Australian policy moves could increase compliance costs or limit certain revenue channels. These are top-down risks that can weigh multiple quarters out. Read More. Read More.

Analyst Ratings Changes

GOOGL has been the subject of a number of analyst reports. Sanford C. Bernstein increased their target price on Alphabet from $305.00 to $335.00 and gave the stock a "market perform" rating in a research note on Monday, February 2nd. Wolfe Research cut their target price on Alphabet from $390.00 to $360.00 and set an "outperform" rating for the company in a research note on Friday, April 10th. Citigroup reissued a "buy" rating and set a $405.00 target price (up from $390.00) on shares of Alphabet in a research note on Tuesday, April 14th. Needham & Company LLC reaffirmed a "buy" rating and issued a $400.00 price objective on shares of Alphabet in a research note on Friday, April 24th. Finally, President Capital raised their price objective on Alphabet from $323.00 to $375.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $369.67.

Insider Activity at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the completion of the transaction, the chief executive officer owned 2,179,372 shares of the company's stock, valued at approximately $730,481,906.96. This trade represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 47,574 shares of the firm's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares of the company's stock, valued at $3,987,279.15. The trade was a 78.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,037,192 shares of company stock valued at $94,182,217 in the last ninety days. 11.55% of the stock is owned by insiders.

About Alphabet

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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