Beacon Investment Advisory Services Inc. lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 216,589 shares of the information services provider's stock after selling 5,028 shares during the period. Alphabet accounts for 2.8% of Beacon Investment Advisory Services Inc.'s investment portfolio, making the stock its 7th biggest holding. Beacon Investment Advisory Services Inc.'s holdings in Alphabet were worth $67,792,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently modified their holdings of the company. PMV Capital Advisers LLC purchased a new stake in Alphabet in the fourth quarter worth $38,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Alphabet during the 3rd quarter valued at $53,000. iSAM Funds UK Ltd purchased a new position in shares of Alphabet during the 3rd quarter valued at $53,000. Corsicana & Co. bought a new position in shares of Alphabet during the 3rd quarter worth $54,000. Finally, Sellwood Investment Partners LLC bought a new position in shares of Alphabet during the 3rd quarter worth $63,000. Institutional investors own 40.03% of the company's stock.
Insider Buying and Selling
In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value 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 $505,573,853.40. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Amie Thuener O'toole sold 617 shares of the company'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 sale, the chief accounting officer owned 10,093 shares of the company's stock, valued at approximately $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,069,344 shares of company stock worth $104,708,426 in the last ninety days. 11.64% of the stock is currently owned by insiders.
Alphabet Price Performance
Shares of Alphabet stock opened at $318.49 on Friday. The firm has a market capitalization of $3.85 trillion, a PE ratio of 29.46, a price-to-earnings-growth ratio of 1.96 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 Inc. has a 12 month low of $146.10 and a 12 month high of $349.00. The business's 50-day moving average price is $307.27 and its 200-day moving average price is $297.90.
Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts' consensus estimates of $2.57 by $0.25. The company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Sell-side analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.
Alphabet Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet's payout ratio is presently 7.77%.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Expanded Google–Intel AI infrastructure partnership boosts visibility for Google Cloud capacity and lowers execution risk for AI workloads hosted on Google’s platform. Investors view deeper Intel ties as supportive of sustained cloud/AI demand. Read More.
- Positive Sentiment: Broadcom–Google/Anthropic TPU and networking deals lock in multi‑year supply for Google’s custom AI racks, strengthening Alphabet’s hardware stack and third‑party TPU offerings — a structural positive for Google Cloud inference/train economics. Read More.
- Positive Sentiment: Google Cloud momentum: recent writeups highlight ~50% Q4 cloud growth, a large cloud backlog and heavy capex to expand TPU/data center capacity — the operating story supporting higher revenue visibility and margin improvement. Read More.
- Positive Sentiment: Project Glasswing and broader industry cybersecurity initiatives (including banks and big tech) reduce AI‑related operational risk for cloud providers and reinforce Google’s role in enterprise AI security cooperation. That should reassure enterprise customers. Read More.
- Positive Sentiment: Analyst support is increasing: Needham and Cantor Fitzgerald reiterated bullish ratings with elevated price targets, and William O'Neil reinstated a Buy — near‑term sentiment tailwind for the shares. Read More.
- Positive Sentiment: Waymo geographic expansion (Nashville) and Wing/ DoorDash drone rollout (Atlanta) provide concrete commercialization updates for Alphabet’s non‑Search growth engines, supporting optionality beyond ads. Read More. / Read More.
- Neutral Sentiment: Coverage pieces and investor guides (Fool, MarketBeat) reiterate Alphabet’s long‑term AI/cloud story — helpful for sentiment but not new operational data. Read More.
- Neutral Sentiment: Mentions of Alphabet’s stake in SpaceX and “hidden assets” offer valuation debate fodder; potential upside if monetized but uncertain timing. Read More.
- Negative Sentiment: Operational headwinds flagged for hyperscalers (community pushback, water/land/energy constraints) as some data‑center projects face delays or cancellations — a potential capex/expansion risk for cloud capacity plans. Read More.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on the company. Daiwa Securities Group boosted their price objective on Alphabet from $333.00 to $380.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. UBS Group set a $348.00 target price on shares of Alphabet and gave the stock a "neutral" rating in a research report on Thursday, February 5th. Cantor Fitzgerald reissued an "overweight" rating and issued a $370.00 price target on shares of Alphabet in a research report on Wednesday. Loop Capital upped their price target on shares of Alphabet from $320.00 to $355.00 and gave the company a "buy" rating in a research note on Monday, February 23rd. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $400.00 price objective on shares of Alphabet in a report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $367.33.
Check Out Our Latest Stock Report on GOOGL
Alphabet Profile
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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
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