Aspiriant LLC Sells 1,609 Shares of Alphabet Inc. $GOOGL

Key Points

• Aspiriant LLC trimmed its Alphabet stake by 2.2% in Q4, selling 1,609 shares and ending the quarter with 72,282 shares worth $22.624 million, about 0.6% of its portfolio and its 26th largest holding.
• Insiders sold 2,069,344 shares of Alphabet in the last three months (worth $104.7 million), including a 1,845,308‑share sale by 2017 Gp L.L.C.; insiders still own 11.55% while institutional investors hold 40.03% of the stock.
• Alphabet recently beat quarterly EPS and revenue (EPS $2.82 vs. $2.57 expected; revenue $113.83B), trades around $317.20 with a $3.84 trillion market cap, carries a "Moderate Buy" analyst consensus (avg. target $366.92), and pays a $0.21 quarterly dividend (0.3% yield).

Aspiriant LLC trimmed its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 72,282 shares of the information services provider's stock after selling 1,609 shares during the quarter. Alphabet makes up about 0.6% of Aspiriant LLC's portfolio, making the stock its 26th biggest position. Aspiriant LLC's holdings in Alphabet were worth $22,624,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GOOGL. CIBC Bancorp USA Inc. purchased a new stake in Alphabet in the third quarter worth $416,217,000. Griffin Asset Management Inc. increased its stake in Alphabet by 13.9% in the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider's stock worth $14,277,000 after purchasing an additional 7,180 shares during the period. Sovran Advisors LLC increased its stake in Alphabet by 23.6% in the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider's stock worth $5,401,000 after purchasing an additional 4,241 shares during the period. Wright Investors Service Inc. increased its stake in Alphabet by 21.2% in the third quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider's stock worth $12,171,000 after purchasing an additional 8,746 shares during the period. Finally, CIBC Asset Management Inc increased its stake in Alphabet by 3.8% in the third quarter. CIBC Asset Management Inc now owns 1,666,577 shares of the information services provider's stock worth $405,131,000 after purchasing an additional 60,831 shares during the period. 40.03% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet 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 filing with the SEC, which is available through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet 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 in the company, valued at $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,069,344 shares of company stock worth $104,708,426. Insiders own 11.55% of the company's stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Stronger AI/cloud positioning: Google expanded its multi‑year AI infrastructure partnership with Intel to co‑develop processors and power Google Cloud AI workloads — a sign of durable demand for cloud AI capacity that supports Google Cloud revenue growth. Read More.
• Positive Sentiment: Broadcom and Anthropic deals validate Google’s AI infrastructure strategy and the broader market for non‑NVIDIA accelerators — a constructive signal for Alphabet’s AI cost and supply relationships. Read More.
• Positive Sentiment: Analyst and media bullishness on AI adoption: BNP Paribas and other commentators highlight Gemini and Anthropic as drivers that can take share in the generative AI market, underpinning ad/productivity monetization upside for Alphabet. Read More.
• Positive Sentiment: Monetization tailwind — YouTube raised U.S. Premium prices, which should boost ARPU and subscription revenue over time. Read More.
• Positive Sentiment: Bullish price‑target action from Mizuho (raised to $420) reinforces upside thesis for investors focused on long‑term AI/cloud gains. (No link)
• Neutral Sentiment: Short interest report is effectively meaningless/noisy for today’s move (data shows zero shares / reporting artifact), so it’s not the driver of the stock’s action. (No link)
• Negative Sentiment: Regulatory risk for Waymo: A California bill would require more human operators for robotaxis, raising operating costs and regulatory uncertainty for Alphabet’s autonomous‑vehicle ambitions. Read More.
• Negative Sentiment: International/content regulatory pressure: Indonesia issued a reprimand to YouTube over new social media rules for children, underscoring regional enforcement risk that can hit engagement or require costly compliance changes. Read More.
• Negative Sentiment: Analyst downgrade pressure: Wolfe Research trimmed its price target from $390 to $360, which increases short‑term selling pressure despite the firm still rating the stock “outperform.” (No link)

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. China Renaissance increased their target price on Alphabet from $330.00 to $400.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $370.00 target price on shares of Alphabet in a research report on Wednesday, April 8th. Canaccord Genuity Group set a $415.00 target price on Alphabet in a research report on Thursday, February 5th. Needham & Company LLC reaffirmed a "buy" rating and set a $400.00 target price on shares of Alphabet in a research report on Wednesday, April 8th. Finally, New Street Research lifted their target price on Alphabet from $330.00 to $380.00 and gave the company a "buy" rating in a research report on Tuesday, February 10th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $366.92.

Alphabet Trading Down 0.0%

Shares of NASDAQ:GOOGL opened at $317.20 on Monday. Alphabet Inc. has a 12-month low of $146.10 and a 12-month high of $349.00. The business's fifty day simple moving average is $306.85 and its 200-day simple moving average is $299.04. The company has a market capitalization of $3.84 trillion, a PE ratio of 29.34, a P/E/G ratio of 1.95 and a beta of 1.12. 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 announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $111.24 billion. As a group, equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued 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 0.3%. Alphabet's dividend payout ratio (DPR) is currently 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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