Alphabet Inc. $GOOGL Shares Sold by Private Wealth Partners LLC

Key Points

• Private Wealth Partners LLC trimmed its Alphabet stake by 4.7% in Q4, selling 15,250 shares and now holding 308,982 shares worth about $96.7 million, which represents 6.9% of its portfolio and is its fourth-largest holding.
• Blockbuster Q1: Alphabet reported $5.11 EPS (vs. $2.64 estimate) and $109.9B revenue, sparking analyst price-target upgrades and the company raised its quarterly dividend to $0.22.
• Notable insider activity: CEO Sundar Pichai sold 32,500 shares and insiders have sold 158,553 shares in the last 90 days (roughly $48 million), while insiders still own about 11.61% of the stock.

Private Wealth Partners LLC lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 4.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 308,982 shares of the information services provider's stock after selling 15,250 shares during the period. Alphabet comprises 6.9% of Private Wealth Partners LLC's portfolio, making the stock its 4th largest holding. Private Wealth Partners LLC's holdings in Alphabet were worth $96,712,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GOOGL. PMV Capital Advisers LLC bought a new position in Alphabet during the fourth quarter worth about $38,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Alphabet in the 3rd quarter valued at approximately $53,000. Kentucky Trust Co boosted its stake in Alphabet by 142.9% in the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock valued at $53,000 after buying an additional 100 shares in the last quarter. iSAM Funds UK Ltd bought a new stake in Alphabet in the third quarter valued at $53,000. Finally, Sellwood Investment Partners LLC bought a new position in shares of Alphabet during the third quarter valued at $63,000. Institutional investors own 40.03% of the company's stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Huge Q1 beat and cash generation — Alphabet reported blockbuster Q1 results and large net income, highlighting strong Search and AI-driven revenue that underpins recent multiple expansion and investor confidence. It Takes Meta Almost 9 Minutes...
• Positive Sentiment: Analyst upgrades lift sentiment — Mizuho raised its price target to $460 (outperform) and other shops have pushed targets higher, reinforcing buy-side momentum after the earnings beat. Alphabet Given New $460.00 Price Target at Mizuho
• Positive Sentiment: New consumer products and recurring revenue — Google rebranded Fitbit to Google Health, launched a $9.99/month AI health coach (May 19) and unveiled the Fitbit Air wearable; subscription services could add predictable ARPU. Google's $9.99-per-month AI health coach...
• Positive Sentiment: Market leadership narrative — Coverage notes Alphabet closing the gap on Nvidia for the world's largest market cap, a bullish signal that may attract momentum and index flows. Alphabet Is About to Overtake Nvidia...
• Neutral Sentiment: Hiring and process changes — Google is piloting AI-assisted software-engineer interviews and exploring personal AI agents (Remy), which could improve hiring throughput but raise operational and fairness questions. Google plans to let software engineers...
• Neutral Sentiment: R&D and partnerships — DeepMind has taken a minority stake to train models on the EVE Online environment and Google continues investing in personal AI agents; long-term upside but near-term costs remain. Google DeepMind Will Train AI Models...
• Negative Sentiment: Regulatory/legal risk in EU news case — Google proposed changes to search news displays to avoid further EU fines, highlighting ongoing exposure to large competition penalties that could hit earnings or require product changes. Google moves to avert EU fines...
• Negative Sentiment: UK display-ads legal claim — A £3bn collective claim alleging monopolization of display ads introduces another material legal overhang that could pressure valuation until resolved. Google facing £3bn legal claim...

Alphabet Stock Performance

GOOGL stock opened at $397.99 on Friday. The company has a 50 day moving average price of $318.66 and a 200 day moving average price of $311.72. Alphabet Inc. has a fifty-two week low of $152.20 and a fifty-two week high of $400.10. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The stock has a market capitalization of $4.81 trillion, a PE ratio of 30.36, a price-to-earnings-growth ratio of 1.66 and a beta of 1.26.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. The firm had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. Analysts forecast that Alphabet Inc. will post 14.01 EPS for the current year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be issued a $0.22 dividend. This is a positive change from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, June 8th. Alphabet's dividend payout ratio (DPR) is 6.41%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. KeyCorp set a $425.00 target price on shares of Alphabet and gave the stock an "overweight" rating in a research report on Thursday, April 30th. Canaccord Genuity Group lifted their target price on shares of Alphabet from $415.00 to $450.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Piper Sandler restated an "overweight" rating and set a $425.00 price target (up from $395.00) on shares of Alphabet in a research report on Thursday, April 30th. Pivotal Research raised their price target on Alphabet from $400.00 to $420.00 and gave the company a "buy" rating in a report on Thursday, February 5th. Finally, China Renaissance lifted their price objective on Alphabet from $400.00 to $485.00 and gave the company a "buy" rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Alphabet currently has an average rating of "Moderate Buy" and an average target price of $406.71.

Insider Transactions at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the completion of the sale, the chief executive officer directly owned 1,642,060 shares of the company's stock, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Amie Thuener O'toole sold 617 shares of the firm's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the transaction, the chief accounting officer directly owned 10,093 shares in the company, valued at $2,923,235.59. This trade represents a 5.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 158,553 shares of company stock valued at $47,951,856. 11.61% of the stock is currently owned by insiders.

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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