Alphabet Inc. $GOOGL is Westbourne Investment Advisors Inc.'s Largest Position

Key Points

• Westbourne Investment Advisors trimmed its Alphabet stake by 13.2% in Q4 to 82,063 shares (worth about $25.69M), with Alphabet now comprising 7.1% of the firm's portfolio as its largest holding.
• Alphabet is pushing major AI initiatives — a classified DoD deal, up to a $40B investment in Anthropic and a new AI campus in South Korea — which could boost cloud/Gemini monetization and revenue visibility; the company also beat recent quarterly estimates (EPS $2.82 vs $2.57, revenue $113.8B) but faces regulatory, tax and ESG/talent risks that could pressure margins.

Westbourne Investment Advisors Inc. trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 13.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 82,063 shares of the information services provider's stock after selling 12,480 shares during the quarter. Alphabet makes up 7.1% of Westbourne Investment Advisors Inc.'s portfolio, making the stock its biggest holding. Westbourne Investment Advisors Inc.'s holdings in Alphabet were worth $25,686,000 at the end of the most recent quarter.

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

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Signed classified AI deal with the U.S. Department of Defense — gives Google a path to long‑term, high‑trust government revenues for its Gemini models and on‑prem/secure deployments. Google signs classified AI deal with Pentagon, The Information reports
• Positive Sentiment: DoD adoption and GenAI.mil inclusion for Gemini models was highlighted as a near‑term catalyst, supporting cloud/Gemini monetization and revenue visibility. What's Behind The Boost In Alphabet Stock Today?
• Positive Sentiment: Planned investment of up to $40 billion in Anthropic — a large strategic bet to secure model supply, compute capacity and AI IP that could accelerate product rollouts and cloud demand. Alphabet Inc. (GOOGL) To Invest Up To $40 Billion In Anthropic
• Positive Sentiment: Expanding global AI footprint — agreement to build an AI campus in South Korea signals international R&D and recruitment push for talent and partnerships. Google to build AI campus in South Korea
• Neutral Sentiment: Market positioning and earnings week momentum — analysts expect AI to drive revenue growth across Big Tech this week; investor focus on Q1 results and guidance could amplify moves in either direction. Why This Week Could Be Huge For AI Stocks
• Neutral Sentiment: Analyst support — RBC reaffirmed a buy rating, supporting sentiment but also reflecting elevated expectations that could temper further upside if guidance disappoints. Alphabet a Buy Rating From RBC
• Negative Sentiment: EU regulators push measures to open Android and access to Google services for AI rivals — raises regulatory and competitive risks that could pressure mobile ad and services moats. EU tells Google to open Android to AI rivals
• Negative Sentiment: Australia proposes a ~2.25% levy on local revenues if news deals aren't struck — a potential recurring headwind to margins in that market and a sign of increased global regulatory/tax pressure. Australia to charge Big Tech companies 2% levy
• Negative Sentiment: Investor and ESG scrutiny over AI power use — a shareholder proposal seeks more transparency on data center emissions as AI energy draw rises, creating governance and potential capex disclosure pressure. Alphabet Investors Press For AI Data Center Climate Transparency
• Negative Sentiment: Talent departures to AI startups — continued loss of researchers to startups could increase competition for talent and slow internal projects if not offset by hiring or campus expansions. Meta, Google, OpenAI among Big Tech firms seeing top staff leaving

Alphabet Stock Performance

Shares of GOOGL opened at $350.34 on Tuesday. Alphabet Inc. has a 1 year low of $147.84 and a 1 year high of $353.18. The company's 50 day simple moving average is $310.19 and its 200 day simple moving average is $306.18. The company has a market capitalization of $4.24 trillion, a price-to-earnings ratio of 32.41, a PEG ratio of 2.13 and a beta of 1.12. 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 released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. On average, sell-side analysts predict that Alphabet Inc. will post 11.53 EPS for the current year.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the transaction, the chief executive officer directly owned 1,642,060 shares in the company, valued at approximately $505,573,853.40. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the sale, the director directly owned 3,581 shares in the company, valued at approximately $1,187,638.65. The trade was a 22.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 2,037,294 shares of company stock valued at $94,216,897. 11.55% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on GOOGL shares. Robert W. Baird increased their price target on shares of Alphabet from $375.00 to $380.00 and gave the company an "outperform" rating in a research report on Friday, March 6th. Royal Bank Of Canada restated a "buy" rating on shares of Alphabet in a research report on Monday. The Goldman Sachs Group reiterated a "buy" rating and set a $375.00 target price (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Piper Sandler reissued an "overweight" rating and set a $395.00 price target (up from $365.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Pivotal Research boosted their price target on Alphabet from $400.00 to $420.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price 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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