Alphabet Inc. $GOOGL Shares Sold by Physicians Financial Services Inc.

Key Points

• Physicians Financial Services cut its stake in Alphabet by 2% in Q4, selling 1,550 shares; it still holds 76,846 shares worth $24,053,000, making Alphabet its third-largest position.
• Insiders have been active sellers: 2017 Gp L.L.C. sold 1,845,308 shares and total insider sales in the last three months amount to 2,069,794 shares worth $104,854,147, although insiders still own 11.64% of the company.
• Analysts remain broadly bullish with a consensus rating of "Moderate Buy" and a target price of $368.25; Alphabet recently beat quarterly estimates (EPS $2.82 vs. $2.57) and the stock trades near its 52-week high with a market cap of about $4.13 trillion.

Physicians Financial Services Inc. cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 76,846 shares of the information services provider's stock after selling 1,550 shares during the quarter. Alphabet accounts for approximately 6.5% of Physicians Financial Services Inc.'s holdings, making the stock its 3rd biggest position. Physicians Financial Services Inc.'s holdings in Alphabet were worth $24,053,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of GOOGL. PMV Capital Advisers LLC acquired a new stake in shares of Alphabet during the fourth quarter worth $38,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Alphabet in the third quarter valued at $53,000. iSAM Funds UK Ltd acquired a new stake in Alphabet in the third quarter valued at $53,000. Corsicana & Co. acquired a new stake in Alphabet in the third quarter valued at $54,000. Finally, Sellwood Investment Partners LLC acquired a new stake in Alphabet in the third quarter valued at $63,000. 40.03% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on GOOGL shares. Stifel Nicolaus reduced their target price on Alphabet from $395.00 to $387.00 and set a "buy" rating for the company in a report on Monday, April 13th. BMO Capital Markets reissued an "outperform" rating and issued a $400.00 target price on shares of Alphabet in a report on Thursday, February 5th. Raymond James Financial raised Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, January 22nd. Piper Sandler reissued an "overweight" rating and issued a $395.00 target price (up from $365.00) on shares of Alphabet in a report on Thursday, February 5th. Finally, Bank of America raised their target price on Alphabet from $335.00 to $370.00 and gave the company a "buy" rating in a report on Tuesday, January 13th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $368.25.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DBS raised its price target on Alphabet to $400 and reiterated a Buy rating, signaling incremental analyst conviction and potential upside from AI and cloud growth. DBS Bank adjusts price target on Alphabet to $400 from $360; maintains buy rating
• Positive Sentiment: An analyst upgrade was reported today, supporting the stock’s rally by boosting short‑term investor sentiment. Alphabet NASDAQ: GOOGL Stock Price Up 1.3% on Analyst Upgrade
• Positive Sentiment: Alphabet secured a long‑term power supply deal for a large Indiana data center with NiSource, reducing energy supply uncertainty for Cloud/data‑center expansion. NiSource signs long-term power deal with Alphabet, expands Amazon agreement
• Positive Sentiment: Product/AI momentum: Google is rolling out photo integration to Gemini (and Nano Banana), which strengthens consumer AI features and engagement pathways that can feed monetization. Google will let users connect their photos to the Gemini chatbot and Nano Banana
• Neutral Sentiment: Speculative models predict further upside into month‑end, but machine‑learning forecasts are noisy and should be treated as sentiment indicators rather than fundamentals. Machine learning algorithm predicts Google stock price on April 30, 2026
• Neutral Sentiment: Alphabet is reportedly in talks with the U.S. Department of Defense on deploying Gemini in classified settings — a potential revenue/strategic win but with contractual/clearing complexities. Google, Pentagon discuss classified AI deal, the Information reports
• Neutral Sentiment: Zacks and other outlets continue to flag Alphabet as a long‑term growth name given AI and cloud leadership; useful for conviction but already priced into the rally. Why Alphabet (GOOGL) is a Top Growth Stock for the Long-Term
• Negative Sentiment: Regulatory risk: the European Commission has outlined measures under the DMA that would force Google to share search and AI chat data with rivals — this could pressure search advantage and ad economics in Europe. Google should allow third-party search engines access to data, EU says
• Negative Sentiment: Cost and margin risks: analysts warn that 2026 capex, higher depreciation and energy costs could squeeze margins and free cash flow even as revenue growth from AI/cloud accelerates. Alphabet Shares Rise 7% YTD: Buy, Sell, or Hold the GOOGL Stock?

Insider Transactions at Alphabet

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm's stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction 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 transaction, the director owned 4,631 shares of the company's stock, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 2,069,794 shares of company stock worth $104,854,147. Corporate insiders own 11.64% of the company's stock.

Alphabet Trading Up 1.7%

Shares of GOOGL stock opened at $341.68 on Friday. Alphabet Inc. has a fifty-two week low of $146.10 and a fifty-two week high of $349.00. The stock has a market cap of $4.13 trillion, a P/E ratio of 31.61, a P/E/G ratio of 2.07 and a beta of 1.12. The business has a fifty day simple moving average of $306.82 and a 200-day simple moving average of $301.77. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced 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 return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. On average, analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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