Alphabet Inc. $GOOGL Shares Sold by Asset Planning Services Inc. LA ADV

Key Points

• Asset Planning Services Inc. LA ADV cut its Alphabet stake by 7.8%, selling 3,115 shares to hold 36,865 shares worth about $11.54M, making Alphabet roughly 5.1% of the fund and its fourth-largest position.
• AI/cloud momentum — Google expanded its AI infrastructure partnership with Intel and benefits from Broadcom/Anthropic deals, while analysts point to Gemini adoption and a YouTube price hike as catalysts for cloud and monetization upside.
• Insider and market signals: CEO Sundar Pichai sold 32,500 shares (insiders sold ~2.07M shares in 90 days), and Wall Street consensus is a "Moderate Buy" with an average target near $366.92 as Alphabet trades at a ~29.3 PE and $3.84T market cap.

Asset Planning Services Inc. LA ADV cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 7.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,865 shares of the information services provider's stock after selling 3,115 shares during the period. Alphabet makes up approximately 5.1% of Asset Planning Services Inc. LA ADV's holdings, making the stock its 4th biggest position. Asset Planning Services Inc. LA ADV's holdings in Alphabet were worth $11,539,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. PMV Capital Advisers LLC acquired a new stake in shares of Alphabet during the fourth quarter valued at approximately $38,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet during the third quarter valued at approximately $53,000. iSAM Funds UK Ltd acquired a new stake in shares of Alphabet during the third quarter valued at approximately $53,000. Corsicana & Co. acquired a new stake in shares of Alphabet during the third quarter valued at approximately $54,000. Finally, Sellwood Investment Partners LLC acquired a new stake in shares of Alphabet during the third quarter valued at approximately $63,000. 40.03% of the stock is owned by institutional investors and hedge funds.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Stronger AI/cloud positioning: Google expanded its multi‑year AI infrastructure partnership with Intel to co‑develop processors and power Google Cloud AI workloads — a sign of durable demand for cloud AI capacity that supports Google Cloud revenue growth. Read More.
• Positive Sentiment: Broadcom and Anthropic deals validate Google’s AI infrastructure strategy and the broader market for non‑NVIDIA accelerators — a constructive signal for Alphabet’s AI cost and supply relationships. Read More.
• Positive Sentiment: Analyst and media bullishness on AI adoption: BNP Paribas and other commentators highlight Gemini and Anthropic as drivers that can take share in the generative AI market, underpinning ad/productivity monetization upside for Alphabet. Read More.
• Positive Sentiment: Monetization tailwind — YouTube raised U.S. Premium prices, which should boost ARPU and subscription revenue over time. Read More.
• Positive Sentiment: Bullish price‑target action from Mizuho (raised to $420) reinforces upside thesis for investors focused on long‑term AI/cloud gains. (No link)
• Neutral Sentiment: Short interest report is effectively meaningless/noisy for today’s move (data shows zero shares / reporting artifact), so it’s not the driver of the stock’s action. (No link)
• Negative Sentiment: Regulatory risk for Waymo: A California bill would require more human operators for robotaxis, raising operating costs and regulatory uncertainty for Alphabet’s autonomous‑vehicle ambitions. Read More.
• Negative Sentiment: International/content regulatory pressure: Indonesia issued a reprimand to YouTube over new social media rules for children, underscoring regional enforcement risk that can hit engagement or require costly compliance changes. Read More.
• Negative Sentiment: Analyst downgrade pressure: Wolfe Research trimmed its price target from $390 to $360, which increases short‑term selling pressure despite the firm still rating the stock “outperform.” (No link)

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on GOOGL shares. Raymond James Financial upgraded shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, January 22nd. President Capital boosted their price target on shares of Alphabet from $323.00 to $375.00 and gave the company a "buy" rating in a report on Tuesday, February 10th. Robert W. Baird boosted their price target on shares of Alphabet from $375.00 to $380.00 and gave the company an "outperform" rating in a report on Friday, March 6th. Daiwa Securities Group boosted their price target on shares of Alphabet from $333.00 to $380.00 and gave the company a "buy" rating in a report on Tuesday, February 10th. Finally, Moffett Nathanson upped their price objective on shares of Alphabet from $305.00 to $350.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $366.92.

Insider Activity at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the completion of the transaction, the chief executive officer directly owned 2,211,872 shares of the company's stock, valued at approximately $723,945,705.60. This trade represents a 1.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm's stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders sold 2,069,344 shares of company stock worth $104,708,426 in the last ninety days. Company insiders own 11.64% of the company's stock.

Alphabet Price Performance

Shares of Alphabet stock opened at $317.20 on Friday. 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 Inc. has a fifty-two week low of $146.10 and a fifty-two week high of $349.00. The firm has a fifty day moving average price of $306.85 and a two-hundred day moving average price of $298.35. The company has a market cap of $3.84 trillion, a PE ratio of 29.34, a price-to-earnings-growth ratio of 1.97 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating 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 firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is presently 7.77%.

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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