Alphabet Inc. $GOOGL Shares Bought by Pursue Wealth Partners LLC

Key Points

• Pursue Wealth Partners LLC increased its stake in Alphabet by 32.5%, buying an additional 1,940 shares to hold 7,915 shares worth about $2.48M, making Alphabet roughly 1.2% of the firm's portfolio and its 25th largest holding.
• Company insiders have been net sellers: CEO Sundar Pichai sold 32,500 shares for about $10.9M, and insiders disposed of 2,037,192 shares totaling $94.18M in the past three months, though insiders still own 11.55% of the stock.
• Alphabet beat Q1 expectations with $5.11 EPS vs. ~$2.64 consensus and $109.9B revenue, driven by ~63% Google Cloud growth (>$20B); analysts rate the stock a "Moderate Buy" with an average target of about $369.67.

Pursue Wealth Partners LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 32.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,915 shares of the information services provider's stock after purchasing an additional 1,940 shares during the period. Alphabet makes up approximately 1.2% of Pursue Wealth Partners LLC's investment portfolio, making the stock its 25th largest holding. Pursue Wealth Partners LLC's holdings in Alphabet were worth $2,477,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. CIBC Bancorp USA Inc. acquired a new position in shares of Alphabet in the 3rd quarter worth approximately $416,217,000. Sovran Advisors LLC boosted its holdings in Alphabet by 23.6% during the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider's stock worth $5,401,000 after buying an additional 4,241 shares in the last quarter. Griffin Asset Management Inc. boosted its holdings in Alphabet by 13.9% during the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider's stock worth $14,277,000 after buying an additional 7,180 shares in the last quarter. Wright Investors Service Inc. boosted its holdings in Alphabet by 21.2% during the third quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider's stock worth $12,171,000 after buying an additional 8,746 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in Alphabet by 3.8% during the third quarter. CIBC Asset Management Inc now owns 1,666,577 shares of the information services provider's stock worth $405,131,000 after buying an additional 60,831 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated 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 sale, the chief executive officer directly owned 2,179,372 shares in the company, valued at approximately $730,481,906.96. This trade represents a 1.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the sale, the chief accounting officer owned 9,918 shares of the company's stock, valued at $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,037,192 shares of company stock worth $94,182,217 in the last three months. Insiders own 11.55% of the company's stock.

Analyst Upgrades and Downgrades

GOOGL has been the subject of a number of research reports. Needham & Company LLC restated a "buy" rating and set a $400.00 target price on shares of Alphabet in a report on Friday, April 24th. Truist Financial set a $385.00 target price on shares of Alphabet in a report on Thursday, February 5th. Citigroup restated a "buy" rating and set a $405.00 target price (up from $390.00) on shares of Alphabet in a report on Tuesday, April 14th. Pivotal Research raised their target price on shares of Alphabet from $400.00 to $420.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Finally, President Capital raised their target price on shares of Alphabet from $323.00 to $375.00 and gave the stock a "buy" rating in a report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $369.67.

Alphabet Trading Up 0.0%

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

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

Alphabet News Summary

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.

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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