Alphabet Inc. $GOOGL Shares Sold by Jacobs & Co. CA

Key Points

• Jacobs & Co. CA trimmed its stake in Alphabet by 6.1% in Q4, selling 5,651 shares and now holding 87,087 shares worth about $27.26 million, making GOOGL its ninth-largest position.
• Insider selling is notable: CEO Sundar Pichai sold ~32,500 shares (~$10.4M) and insiders have sold 2,110,165 shares (~$118.13M) in the last 90 days, though insiders still own 11.64% of the stock.
• Operational and AI momentum supports bullish views—Alphabet beat quarterly estimates (EPS $2.82 vs. $2.57; revenue $113.83B vs. $111.24B) and saw key AI hires/product launches, contributing to a consensus "Moderate Buy" (avg target $367)—but analysts warn heavy hyperscaler capex and valuation questions could pressure near-term multiples.

Jacobs & Co. CA decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 6.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,087 shares of the information services provider's stock after selling 5,651 shares during the quarter. Alphabet makes up approximately 2.6% of Jacobs & Co. CA's holdings, making the stock its 9th biggest holding. Jacobs & Co. CA's holdings in Alphabet were worth $27,258,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Boltwood Capital Management boosted its stake in Alphabet by 1.2% in the fourth quarter. Boltwood Capital Management now owns 26,303 shares of the information services provider's stock valued at $8,233,000 after acquiring an additional 307 shares during the period. Global Wealth Strategies & Associates boosted its position in Alphabet by 15.4% during the 4th quarter. Global Wealth Strategies & Associates now owns 2,826 shares of the information services provider's stock valued at $885,000 after purchasing an additional 377 shares during the period. RIA Advisory Group LLC grew its stake in Alphabet by 29.1% during the 3rd quarter. RIA Advisory Group LLC now owns 2,455 shares of the information services provider's stock worth $597,000 after buying an additional 554 shares during the last quarter. Finivi Inc. grew its stake in Alphabet by 1.2% during the 3rd quarter. Finivi Inc. now owns 3,276 shares of the information services provider's stock worth $796,000 after buying an additional 39 shares during the last quarter. Finally, AIA Group Ltd increased its position in Alphabet by 41.4% in the third quarter. AIA Group Ltd now owns 259,966 shares of the information services provider's stock worth $63,198,000 after buying an additional 76,083 shares during the period. Institutional investors own 40.03% of the company's stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hired Jasjeet Sekhon, Bridgewater’s chief scientist, as chief strategy officer — a high‑profile talent win that reinforces Alphabet’s DeepMind AI bench and long‑term product roadmap. Exclusive: Bridgewater's chief scientist Sekhon to join Google's DeepMind AI unit
• Positive Sentiment: High‑profile endorsement: Elon Musk tweeted that Google will “win the AI race in the West,” a bullish signal for market perception of Alphabet’s AI leadership. Elon Musk Says China Will Win The AI Race, But Here's Where SpaceX Will Win
• Positive Sentiment: Product momentum: Google’s new “Stitch” AI design features are pressuring rivals (e.g., Figma’s stock fell), underscoring expanding addressable market for Google’s AI tools. Figma's stock drops 11% in two days after Google releases 'vibe design' product
• Positive Sentiment: Market commentary highlights Alphabet’s operational strength (consecutive earnings beats, Cloud acceleration), supporting the bullish analyst consensus and relative outperformance among mega‑caps. 2 Tech Giants Holding Their Ground While the Market Slides
• Neutral Sentiment: Insider sales disclosed: CEO Sundar Pichai sold ~32,500 shares (~$10M) and Director John Hennessy sold a small stake — notable but small relative to total insider holdings; monitor if these continue. Insider filing: Sundar Pichai sale
• Neutral Sentiment: Short‑interest data in the feeds appears anomalous/zero and provides no clear signal (no days‑to‑cover build reported).
• Neutral Sentiment: Competitive takes: Analysts compare Snowflake and Alphabet on cloud analytics — SNOW’s momentum is notable but doesn’t negate Google Cloud’s growth trajectory. Snowflake vs Alphabet: Which Cloud Analytics Stock Has an Edge Now?
• Negative Sentiment: Investor concern about massive hyperscaler AI spending — analysts flag $410B+ capex across hyperscalers and question near‑term returns, a theme that can pressure tech multiples including GOOGL. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
• Negative Sentiment: Valuation debate persists: coverage notes shifting investment story as AI deals and capex raise questions about near‑term upside despite solid fundamentals. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions

Wall Street Analysts Forecast Growth

GOOGL has been the subject of several recent research reports. Citizens Jmp restated a "market outperform" rating and set a $385.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Cantor Fitzgerald reissued an "overweight" rating and set a $370.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Citigroup raised their price target on shares of Alphabet from $350.00 to $390.00 and gave the company a "buy" rating in a research note on Friday, February 6th. UBS Group set a $348.00 price objective on Alphabet and gave the stock a "neutral" rating in a research report on Thursday, February 5th. Finally, Robert W. Baird increased their price objective on Alphabet from $375.00 to $380.00 and gave the stock an "outperform" rating in a report on Friday, March 6th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $367.18.

Insider Activity

In related news, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the sale, the director owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the transaction, the chief executive officer directly owned 2,244,372 shares of the company's stock, valued at $720,914,730.12. This represents a 1.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,110,165 shares of company stock valued at $118,134,117. 11.64% of the stock is currently owned by insiders.

Alphabet Trading Down 2.0%

Shares of NASDAQ GOOGL opened at $301.00 on Friday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The company has a market cap of $3.64 trillion, a price-to-earnings ratio of 27.84, a P/E/G ratio of 1.80 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The business has a fifty day simple moving average of $317.62 and a 200-day simple moving average of $292.57.

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, topping analysts' consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Sell-side analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The company 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. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is presently 7.77%.

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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