Alphabet Inc. $GOOGL Shares Sold by Lbp Am Sa

Key Points

• Lbp Am Sa cut its stake in Alphabet by 6.3% in Q4, leaving it with 513,199 shares (worth about $160.63M) and making GOOGL its 10th-largest holding.
• Insiders sold 2,037,192 shares (about $94.18M) last quarter—including sales by directors John L. Hennessy and John Kent Walker—while major institutions like Berkshire Hathaway and Capital World Investors increased positions, leaving institutional ownership around 40%.
• Alphabet posted a strong Q1 beat with EPS $5.11 vs. $2.64 consensus and revenue $109.9B, driven by Google Cloud growth of ~63% (surpassing $20B) and ~25M new paid subscriptions, supporting analyst upgrades and a ~“Moderate Buy” consensus (avg. target ~$369.67).

Lbp Am Sa cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 6.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 513,199 shares of the information services provider's stock after selling 34,258 shares during the period. Alphabet comprises about 1.9% of Lbp Am Sa's holdings, making the stock its 10th biggest holding. Lbp Am Sa's holdings in Alphabet were worth $160,631,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in GOOGL. Berkshire Hathaway Inc acquired a new position in Alphabet during the third quarter worth $4,338,397,000. Capital World Investors raised its position in Alphabet by 28.0% during the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock worth $12,910,542,000 after acquiring an additional 11,605,785 shares during the period. Capital Research Global Investors raised its position in Alphabet by 15.7% during the third quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock worth $12,333,076,000 after acquiring an additional 6,874,381 shares during the period. Mizuho Markets Cayman LP raised its position in Alphabet by 23,402.1% during the third quarter. Mizuho Markets Cayman LP now owns 6,118,547 shares of the information services provider's stock worth $1,487,419,000 after acquiring an additional 6,092,513 shares during the period. Finally, Coatue Management LLC raised its position in Alphabet by 259.1% during the third quarter. Coatue Management LLC now owns 7,221,115 shares of the information services provider's stock worth $1,755,453,000 after acquiring an additional 5,210,434 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the sale, the director directly owned 3,581 shares in the company, valued at approximately $1,187,638.65. This trade represents a 22.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider John Kent Walker sold 8,993 shares of the firm's stock in a transaction dated Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the sale, the insider owned 51,808 shares of the company's stock, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,037,192 shares of company stock valued at $94,182,217 in the last quarter. Insiders own 11.55% of the company's stock.

Analyst Upgrades and Downgrades

GOOGL has been the subject of a number of research analyst reports. Cantor Fitzgerald upped their price objective on shares of Alphabet from $370.00 to $395.00 and gave the stock an "overweight" rating in a research report on Monday, April 20th. Stifel Nicolaus reduced their target price on shares of Alphabet from $395.00 to $387.00 and set a "buy" rating for the company in a research report on Monday, April 13th. DA Davidson increased their target price on shares of Alphabet from $300.00 to $310.00 and gave the company a "neutral" rating in a research report on Thursday, February 5th. Robert W. Baird increased their target price on shares of Alphabet from $375.00 to $380.00 and gave the company an "outperform" rating in a research report on Friday, March 6th. Finally, Mizuho increased their target price on shares of Alphabet from $410.00 to $420.00 and gave the company an "outperform" rating in a research report on Friday, April 10th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $369.67.

Key Headlines Impacting Alphabet

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.

Alphabet Price Performance

Alphabet stock opened at $349.94 on Thursday. Alphabet Inc. has a 12-month low of $147.84 and a 12-month high of $355.79. The stock has a market cap of $4.23 trillion, a P/E ratio of 32.37, a PEG ratio of 2.17 and a beta of 1.12. The company has a 50-day moving average price of $312.08 and a 200 day moving average price of $307.27. 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 released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $109.90 billion during the quarter, compared to analysts' expectations of $106.59 billion. Sell-side analysts anticipate that Alphabet Inc. will post 11.53 earnings per share for the current year.

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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