Alphabet Inc. $GOOGL Shares Purchased by Cache Advisors LLC

Key Points

• Cache Advisors LLC increased its Alphabet stake by 22.3%, buying 9,159 shares to hold 50,203 shares worth about $15.7 million (Alphabet is ~1.9% of the fund and its 11th largest holding).
• Alphabet reported a quarterly beat with EPS of $2.82 versus $2.57 expected and revenue of $113.83 billion, and Wall Street consensus rates the stock a “Moderate Buy” with an average price target of $368.94.
• Significant insider selling has occurred recently—executives (including CEO Sundar Pichai) disclosed sales and insiders sold about 2.07 million shares valued at roughly $104.9 million in the past 90 days, while insiders still own 11.55% of the stock.

Cache Advisors LLC raised its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 22.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,203 shares of the information services provider's stock after buying an additional 9,159 shares during the period. Alphabet makes up about 1.9% of Cache Advisors LLC's holdings, making the stock its 11th biggest holding. Cache Advisors LLC's holdings in Alphabet were worth $15,714,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its holdings in Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock worth $20,886,000 after purchasing an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Alphabet by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock valued at $2,826,000 after purchasing an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY boosted its stake in shares of Alphabet by 17.6% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider's stock valued at $685,000 after buying an additional 581 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of Alphabet by 11.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider's stock valued at $85,557,000 after buying an additional 48,805 shares during the last quarter. Finally, United Bank grew its position in shares of Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider's stock worth $8,495,000 after buying an additional 3,120 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Down 1.2%

GOOGL stock opened at $337.42 on Tuesday. The firm has a market cap of $4.08 trillion, a price-to-earnings ratio of 31.21, a PEG ratio of 2.11 and a beta of 1.12. Alphabet Inc. has a 1-year low of $146.10 and a 1-year high of $349.00. The firm has a fifty day moving average price of $307.09 and a two-hundred day moving average price of $302.81. 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 posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Research analysts predict that Alphabet Inc. will post 11.53 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.2%. Alphabet's dividend payout ratio (DPR) is currently 7.77%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Wells Fargo & Company cut their price target on shares of Alphabet from $397.00 to $361.00 and set an "overweight" rating on the stock in a report on Thursday, April 2nd. Citizens Jmp reissued a "market outperform" rating and set a $385.00 price objective on shares of Alphabet in a report on Monday, April 13th. Truist Financial set a $385.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Raymond James Financial upgraded shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research note on Thursday, January 22nd. Finally, Tigress Financial set a $415.00 price target on shares of Alphabet and gave the stock a "strong-buy" rating in a research report on Thursday, February 19th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Alphabet currently has a consensus rating of "Moderate Buy" and an average price target of $368.94.

Insider Buying and Selling

In related news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total value of $9,877,400.00. Following the sale, the chief executive officer owned 2,818,524 shares of the company's stock, valued at approximately $856,605,814.08. This trade represents a 1.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the business's stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider owned 13,227 shares of the company's stock, valued at $3,987,279.15. This represents a 78.25% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 2,069,794 shares of company stock valued at $104,854,147. 11.55% of the stock is currently owned by insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Multiple analyst upgrades and higher price targets signal bullish expectations around Google Cloud and AI monetization: Cantor Fitzgerald raised its target to $395 and KeyCorp lifted its target to $380, citing momentum into Cloud Next. Cantor Fitzgerald price target raise KeyCorp target lift
• Positive Sentiment: Google is expanding its TPU/AI-inference push and getting growing demand from big AI customers (Anthropic, Meta). That strengthens cloud differentiation and potential high-margin hardware/service revenues. Google expands TPU push
• Positive Sentiment: Reports that Google is in talks with Marvell to develop inference-focused AI chips point to verticalization of Google's AI stack (could reduce reliance on external suppliers and improve cloud differentiation). These reports lifted chip names and echo the TPU push. Reuters: Marvell-Google talks
• Neutral Sentiment: Some coverage and trade commentary highlight heavy investor attention and short-term volatility around GOOGL (Zacks pieces noting larger-than-market moves); useful for traders but not necessarily directional for fundamentals. Zacks: Why GOOGL dipped
• Neutral Sentiment: Initial Marvell gains were pared after analysts disputed the scope/timing of any Google deal, introducing uncertainty about the immediate impact and which vendors will benefit. Marvell gains pared
• Negative Sentiment: eMarketer projects Meta will overtake Google in digital ad revenue this year — a red flag for Google’s core ad growth narrative and a potential headwind for revenue expectations. eMarketer: Meta set to surpass Google
• Negative Sentiment: Investor concern about rising AI-related spending (reports that Alphabet will materially increase AI investment) can pressure near-term margins even as it supports long-term growth—this likely contributed to today's pullback after a strong April rally. Fool on AI spending concerns

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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