Berkshire Money Management Inc. Makes New $1.65 Million Investment in Alphabet Inc. $GOOGL

Key Points

• Berkshire Money Management established a new position in Alphabet, buying 5,264 shares in Q4 valued at about $1.65 million.
• Alphabet beat Q1 estimates (EPS $5.11 vs. $2.64; revenue $109.9B) and reported strong Google Cloud growth and backlog, prompting analyst upgrades and a consensus "Moderate Buy" target of $402.96.
• Alphabet raised its quarterly dividend to $0.22 (annualized $0.88, ~0.2% yield), with an ex-dividend/record date on June 8 and payment on June 15.

Berkshire Money Management Inc. bought a new position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,264 shares of the information services provider's stock, valued at approximately $1,648,000.

Several other large investors also recently added to or reduced their stakes in GOOGL. PMV Capital Advisers LLC bought a new stake in shares of Alphabet during the 4th quarter worth about $38,000. Kentucky Trust Co boosted its holdings in shares of Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after buying an additional 100 shares during the period. iSAM Funds UK Ltd acquired a new position in Alphabet in the 3rd quarter valued at $53,000. Pilgrim Partners Asia Pte Ltd bought a new position in Alphabet in the 3rd quarter worth $53,000. Finally, PayPay Securities Corp boosted its stake in Alphabet by 23.7% during the 4th quarter. PayPay Securities Corp now owns 245 shares of the information services provider's stock valued at $77,000 after purchasing an additional 47 shares during the period. 40.03% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on GOOGL. Wolfe Research dropped their price target on Alphabet from $390.00 to $360.00 and set an "outperform" rating on the stock in a research report on Friday, April 10th. UBS Group set a $410.00 price objective on shares of Alphabet and gave the company a "neutral" rating in a research report on Thursday. Rothschild & Co Redburn upped their target price on Alphabet from $390.00 to $430.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. KeyCorp set a $425.00 target price on Alphabet and gave the stock an "overweight" rating in a research report on Thursday. Finally, Piper Sandler reiterated an "overweight" rating and set a $425.00 price target (up from $395.00) on shares of Alphabet in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Alphabet has a consensus rating of "Moderate Buy" and a consensus target price of $402.96.

Alphabet Stock Down 0.6%

Shares of NASDAQ:GOOGL opened at $383.25 on Tuesday. 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 cap of $4.64 trillion, a price-to-earnings ratio of 29.23, a P/E/G ratio of 1.80 and a beta of 1.26. The company has a 50 day moving average of $313.72 and a 200-day moving average of $308.70. Alphabet Inc. has a one year low of $147.84 and a one year high of $387.38.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The firm had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. On average, sell-side analysts forecast that Alphabet Inc. will post 12.94 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from Alphabet's previous quarterly dividend of $0.21. Alphabet's dividend payout ratio is currently 6.41%.

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred 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 transaction, the director owned 4,631 shares of the company's stock, valued at approximately $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the transaction, the chief executive officer owned 2,818,524 shares of the company's stock, valued at $856,605,814.08. This trade represents a 1.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 191,053 shares of company stock valued at $58,845,206 over the last 90 days. 11.61% of the stock is owned by company insiders.

Key Stories Impacting 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

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.

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.