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Alphabet Inc. $GOOGL Stake Lowered by Foster Victor Wealth Advisors LLC

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Key Points

  • Foster Victor Wealth Advisors trimmed its Alphabet stake by 8.5% in Q4 to 107,412 shares (about $35.45M), making GOOGL its fourth-largest holding at roughly 2.1% of the firm's portfolio.
  • Large institutions piled in — Berkshire Hathaway initiated a roughly $4.34B stake and firms like Capital World, Capital Research, Mizuho and Coatue materially boosted positions — while insiders sold ~2.04M shares in the past 90 days; institutional ownership is about 40.03% and insiders own 11.55%.
  • Alphabet posted a strong Q1 beat (EPS $5.11 vs. $2.64 est.; revenue $109.9B) as Google Cloud grew ~63% and topped $20B, driving analyst upgrades and a consensus "Moderate Buy" price target of $369.67.
  • MarketBeat previews the top five stocks to own by June 1st.

Foster Victor Wealth Advisors LLC lowered its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,412 shares of the information services provider's stock after selling 10,013 shares during the period. Alphabet comprises approximately 2.1% of Foster Victor Wealth Advisors LLC's holdings, making the stock its 4th largest holding. Foster Victor Wealth Advisors LLC's holdings in Alphabet were worth $35,446,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in GOOGL. Berkshire Hathaway Inc bought a new stake in Alphabet during the third quarter valued at about $4,338,397,000. Capital World Investors boosted 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 valued at $12,910,542,000 after purchasing an additional 11,605,785 shares in the last quarter. Capital Research Global Investors boosted 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 valued at $12,333,076,000 after purchasing an additional 6,874,381 shares in the last quarter. Mizuho Markets Cayman LP boosted 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 valued at $1,487,419,000 after purchasing an additional 6,092,513 shares in the last quarter. Finally, Coatue Management LLC boosted 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 valued at $1,755,453,000 after purchasing an additional 5,210,434 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company's 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 dated 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 available through this hyperlink. Also, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares of the company's stock, valued at approximately $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,037,192 shares of company stock valued at $94,182,217. 11.55% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on GOOGL shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Alphabet in a research report on Tuesday. Jefferies Financial Group reaffirmed a "buy" rating on shares of Alphabet in a research report on Friday, April 24th. Raymond James Financial raised Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, January 22nd. Stifel Nicolaus lowered their price target on Alphabet from $395.00 to $387.00 and set a "buy" rating for the company in a report on Monday, April 13th. Finally, Mizuho raised their price target on Alphabet from $410.00 to $420.00 and gave the stock an "outperform" rating in a report on Friday, April 10th. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $369.67.

View Our Latest Stock Report on Alphabet

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $349.94 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The company has a market cap of $4.23 trillion, a PE ratio of 32.37, a P/E/G ratio of 2.17 and a beta of 1.12. The business has a 50-day simple moving average of $312.08 and a two-hundred day simple moving average of $307.27. Alphabet Inc. has a fifty-two week low of $147.84 and a fifty-two week high of $355.79.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.59 billion. As a group, equities analysts expect that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Key Stories 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.

About Alphabet

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL - Free Report).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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