Berger Financial Group Inc Has $20.02 Million Holdings in Alphabet Inc. $GOOGL

Key Points

• Berger Financial Group trimmed its stake in Alphabet by 2.5% to 63,963 shares worth $20.02 million, representing about 1.2% of the firm's portfolio and its 18th largest holding.
• Insider selling was notable: John Kent Walker sold 47,574 shares for roughly $14.34 million, and insiders have sold 191,053 shares (~$58.85 million) in the past 90 days; corporate insiders own 11.61% of the stock.
• Alphabet beat Q1 estimates with $5.11 EPS vs. $2.64 expected and $109.9 billion revenue vs. $106.98 billion, and the company raised its quarterly dividend to $0.22 (annualized $0.88, ~0.2% yield).

Berger Financial Group Inc trimmed its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,963 shares of the information services provider's stock after selling 1,618 shares during the quarter. Alphabet makes up approximately 1.2% of Berger Financial Group Inc's portfolio, making the stock its 18th largest position. Berger Financial Group Inc's holdings in Alphabet were worth $20,021,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. PMV Capital Advisers LLC purchased a new position in Alphabet during the 4th quarter valued at about $38,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Alphabet in the third quarter worth approximately $53,000. iSAM Funds UK Ltd purchased a new stake in shares of Alphabet in the third quarter worth approximately $53,000. Kentucky Trust Co boosted its holdings in shares of Alphabet by 142.9% during the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after purchasing an additional 100 shares during the period. Finally, Sellwood Investment Partners LLC acquired a new stake in shares of Alphabet during the third quarter worth approximately $63,000. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Alphabet

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amie Thuener O'toole sold 955 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the sale, the chief accounting officer owned 9,918 shares of the company's stock, valued at $2,955,564. This trade represents a 8.78% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 191,053 shares of company stock worth $58,845,206. Corporate insiders own 11.61% of the company's stock.

Alphabet Trading Down 0.6%

Shares of GOOGL stock opened at $383.25 on Tuesday. Alphabet Inc. has a 12 month low of $147.84 and a 12 month high of $387.38. The company has a market cap of $4.64 trillion, a PE ratio of 29.23, a price-to-earnings-growth ratio of 1.80 and a beta of 1.26. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The business's 50 day moving average is $313.72 and its two-hundred day moving average is $308.70.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts' consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. Equities analysts predict that Alphabet Inc. will post 12.94 EPS for the current year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be issued a $0.22 dividend. This is a boost from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet's payout ratio is presently 6.41%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud is outgrowing AWS and Azure — Cloud revenue and backlog surged (Cloud growth ~63% in Q1; backlog nearly doubled), supporting higher long‑term revenue and margins for Alphabet. Alphabet's Google Cloud growth outpaces AWS and Azure
• Positive Sentiment: Q1 beat and backlog surge: Alphabet reported stronger‑than‑expected EPS/revenue and a hefty cloud backlog, giving analysts room to lift targets and implying continued earnings momentum. Alphabet Inc. 2026 Q1 - Results - Earnings Call Presentation
• Positive Sentiment: Multiple analyst upgrades and higher price targets (JPMorgan reaffirmed buy; several firms raised targets, including a large bump from Citizens/JMP), which supports upside expectations and likely underpins buying interest. Google closes in on Nvidia. Why Alphabet stock remains JP Morgan’s top overall pick
• Positive Sentiment: Big long‑term optionality via Waymo and autonomous investments — sizable VC/strategic funding into Waymo reinforces Alphabet’s exposure to a potentially high‑value mobility business. Big money is betting the self-driving future belongs to a small club
• Positive Sentiment: Market narrative: Alphabet is highlighted among top AI investment ideas — positive attention that can attract flows into GOOGL as AI leadership becomes the investment theme. Here is Why Alphabet (GOOGL) Is Among the Most Promising AI Stocks to Invest In
• Neutral Sentiment: Chip demand tailwind but higher capex: Google’s planned ~$190B AI buildout boosts demand for semiconductors (positive for suppliers) but signals very large capex that could pressure free cash flow in the near term. 3 Semiconductor Stocks Poised to Gain as Google Eyes $190B AI Buildout
• Neutral Sentiment: Minor insider activity: a director sold about $38k of stock — small and routine, not a clear signal of management sentiment. Alphabet NASDAQ: GOOGL Director Sells $37,842.00 in Stock
• Negative Sentiment: Infrastructure headwind: Denmark paused new data‑center connections due to grid strain — a reminder of regulatory and power constraints that can slow data‑center expansion and raise costs for cloud scaling. Denmark faces data center reckoning as power grid overwhelmed by surging demand

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. KeyCorp set a $425.00 price target on shares of Alphabet and gave the company an "overweight" rating in a report on Thursday. The Goldman Sachs Group lifted their price objective on Alphabet from $400.00 to $450.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. UBS Group set a $410.00 target price on Alphabet and gave the company a "neutral" rating in a research note on Thursday. Daiwa Securities Group upped their target price on Alphabet from $333.00 to $380.00 and gave the stock a "buy" rating in a research report on Tuesday, February 10th. Finally, Needham & Company LLC raised their price target on Alphabet from $400.00 to $450.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Alphabet presently has an average rating of "Moderate Buy" and an average target price of $402.96.

Alphabet 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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