Alphabet Inc. $GOOGL Shares Bought by Cambient Family Office LLC

Key Points

• Cambient Family Office LLC increased its Alphabet stake by 11.4% in the first quarter, buying 2,496 more shares and bringing its total to 24,369 shares valued at about $7.0 million.
• Alphabet reported strong quarterly results, posting EPS of $5.11 versus $2.64 expected and revenue of $109.9 billion versus $106.98 billion estimated, while analysts still forecast 14.32 EPS for the full year.
• The stock remains supported by bullish analyst sentiment and a modest dividend increase, but it also faces ongoing regulatory pressure, including the EU court’s decision upholding a €4.1 billion Android antitrust fine.

Cambient Family Office LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 11.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,369 shares of the information services provider's stock after buying an additional 2,496 shares during the quarter. Alphabet makes up 1.0% of Cambient Family Office LLC's holdings, making the stock its 27th largest position. Cambient Family Office LLC's holdings in Alphabet were worth $7,007,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Rooted Wealth Advisors Inc. boosted its position in Alphabet by 33.5% in the 1st quarter. Rooted Wealth Advisors Inc. now owns 7,542 shares of the information services provider's stock worth $2,169,000 after purchasing an additional 1,893 shares in the last quarter. FWG Investments LLC. increased its holdings in Alphabet by 46.6% in the first quarter. FWG Investments LLC. now owns 1,092 shares of the information services provider's stock valued at $314,000 after buying an additional 347 shares in the last quarter. River Street Advisors LLC increased its holdings in Alphabet by 12.8% in the first quarter. River Street Advisors LLC now owns 22,298 shares of the information services provider's stock valued at $6,412,000 after buying an additional 2,522 shares in the last quarter. Mayfair Advisory Group LLC raised its position in shares of Alphabet by 6.4% in the first quarter. Mayfair Advisory Group LLC now owns 2,615 shares of the information services provider's stock worth $752,000 after acquiring an additional 157 shares during the period. Finally, Signature Wealth Management Partners LLC boosted its stake in shares of Alphabet by 17.2% during the 1st quarter. Signature Wealth Management Partners LLC now owns 13,622 shares of the information services provider's stock worth $3,917,000 after acquiring an additional 2,000 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Stock Performance

Shares of GOOGL stock opened at $359.91 on Friday. The company has a market cap of $4.36 trillion, a P/E ratio of 27.45, a PEG ratio of 1.54 and a beta of 1.24. The firm has a fifty day moving average price of $371.05 and a 200 day moving average price of $334.41. 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 $172.77 and a 12 month high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. Sell-side analysts predict that Alphabet Inc. will post 14.32 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were paid a dividend of $0.22 per share. The ex-dividend date was Monday, June 8th. This is a positive change from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet's dividend payout ratio (DPR) is presently 6.71%.

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $393.26, for a total transaction of $412,923.00. Following the sale, the director owned 2,531 shares of the company's stock, valued at approximately $995,341.06. This trade represents a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frances Arnold sold 112 shares of the company's stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total transaction of $39,343.36. Following the completion of the transaction, the director owned 18,833 shares of the company's stock, valued at approximately $6,615,656.24. The trade was a 0.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 160,465 shares of company stock valued at $8,020,511 over the last three months. 11.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. China Renaissance upped their price target on Alphabet from $400.00 to $485.00 and gave the stock a "buy" rating in a report on Monday, May 4th. Barclays reaffirmed a "buy" rating on shares of Alphabet in a research note on Friday, May 29th. HSBC reissued a "buy" rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a report on Tuesday, June 2nd. BMO Capital Markets upped their price target on shares of Alphabet from $410.00 to $435.00 and gave the stock an "outperform" rating in a research report on Thursday, April 30th. Finally, Phillip Securities lifted their price objective on Alphabet from $340.00 to $395.00 and gave the stock a "moderate buy" rating in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $413.54.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Several recent stories highlight Alphabet’s AI and cloud momentum, including Google Cloud traction with enterprise customers like Jack Henry and growing use of Google’s cloud tech by Italy’s Intesa Sanpaolo, which supports the bull case for future growth. Article Title
• Positive Sentiment: Jim Cramer argued that Alphabet still looks cheap, reinforcing a valuation-supportive narrative for GOOGL after its pullback. Article Title
• Positive Sentiment: Wall Street sentiment remains constructive, with Wells Fargo keeping an overweight rating and multiple analysts maintaining buy recommendations, which may help support the stock. Article Title
• Neutral Sentiment: Alphabet’s insider selling by John Kent Walker appears routine and is not, by itself, a major fundamental concern for investors. Article Title
• Neutral Sentiment: Coverage around Alphabet’s growing role in AI-powered shopping, robotaxis, and other ecosystem developments adds to the long-term story, but these are more thesis-supportive than immediate catalysts. Article Title
• Negative Sentiment: The biggest drag is the EU Supreme Court decision upholding Alphabet’s €4.1 billion Android antitrust fine, which reinforces legal and regulatory overhangs for the stock. Article Title
• Negative Sentiment: A separate Swedish court ruling ordered Alphabet to pay nearly $2 billion in a price-comparison dispute, adding to the sense that antitrust and competition risks remain active. Article Title

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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