BIP Wealth LLC Has $4.69 Million Position in Alphabet Inc. $GOOG

Key Points

• BIP Wealth LLC increased its stake in Alphabet by 58.3% in Q4, buying 5,500 shares to hold 14,929 shares worth roughly $4.69 million as of the latest SEC filing.
• Significant insider and institutional moves: insiders sold 2,068,744 shares worth $104.5 million over the last 90 days (insiders now own 12.99%), while institutional/hedge fund ownership stands at 27.26%.
• Alphabet reported a Q4 beat (EPS $2.82 vs. $2.59 est., revenue $113.8B, +18% YoY), has a $4.0T market cap and a consensus analyst rating of “Buy” (avg. target $345.71), but faces major legal/regulatory risks including potential $218B arbitration exposure and new antitrust litigation.

BIP Wealth LLC grew its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 58.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,929 shares of the information services provider's stock after buying an additional 5,500 shares during the quarter. BIP Wealth LLC's holdings in Alphabet were worth $4,685,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Ervin Investment Management LLC raised its position in shares of Alphabet by 350.5% in the 4th quarter. Ervin Investment Management LLC now owns 51,250 shares of the information services provider's stock valued at $16,082,000 after buying an additional 39,874 shares in the last quarter. HRC Wealth Management LLC raised its position in shares of Alphabet by 1.0% in the 4th quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider's stock valued at $1,014,000 after buying an additional 31 shares in the last quarter. Palumbo Wealth Management LLC acquired a new position in shares of Alphabet in the 4th quarter valued at approximately $4,042,000. Jefferson Bridge Capital LLC acquired a new position in shares of Alphabet in the 4th quarter valued at approximately $3,112,000. Finally, ProCore Advisors LLC acquired a new position in shares of Alphabet in the 4th quarter valued at approximately $1,208,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Alphabet news, CAO Amie Thuener O'toole sold 617 shares of the business's stock in a transaction that occurred on 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 directly owned 10,093 shares of the company's stock, valued at $2,923,235.59. The trade was a 5.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the sale, the director directly owned 4,631 shares in the company, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,068,744 shares of company stock worth $104,505,914. Company insiders own 12.99% of the company's stock.

Alphabet Price Performance

GOOG stock opened at $330.43 on Wednesday. The company has a 50 day simple moving average of $305.60 and a 200 day simple moving average of $300.37. The stock has a market cap of $4.00 trillion, a price-to-earnings ratio of 30.57, a P/E/G ratio of 1.97 and a beta of 1.13. Alphabet Inc. has a 1 year low of $148.40 and a 1 year high of $350.15. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.59 by $0.23. The business had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm's quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.15 EPS. Research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet's payout ratio is presently 7.77%.

Analysts Set New Price Targets

GOOG has been the subject of several analyst reports. Scotiabank restated an "outperform" rating and issued a $400.00 target price (up from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Piper Sandler restated an "overweight" rating and issued a $395.00 target price on shares of Alphabet in a research report on Thursday, February 5th. UBS Group restated a "neutral" rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Wells Fargo & Company upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 23rd. Finally, TD Cowen reiterated a "buy" rating and set a $365.00 price objective (up from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $345.71.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Top analysts expect strong Q1 momentum and continued earnings/AI-driven growth, supporting near-term upside into the company’s upcoming catalysts (earnings, Google I/O). Early Take: Top Analyst Weighs In on Alphabet (GOOGL) Ahead of Q1 Earnings
• Positive Sentiment: DeepMind released a new robotics AI model and opened it to developers — a tangible AI productization step that reinforces Alphabet’s competitive AI moat and potential commercial pathways for Cloud/robotics. Google DeepMind Releases New AI Model to Bring Robots Closer to Real Autonomy
• Positive Sentiment: Citi put Alphabet on a positive 90-day catalyst watch citing Q1 results, Google I/O and Cloud Next as potential catalysts — institutional attention can amplify gains into those events. Alphabet (GOOG) Stock Gains Citi’s Positive Catalyst Watch Through July
• Positive Sentiment: Strategic chip/AI supply deals (Broadcom + Google TPUs and expanded Anthropic collaboration) de‑risk Alphabet’s AI infrastructure story and support investor confidence in long-term AI monetization. Here is why Alphabet (GOOGL) Is Among the High-Flying AI Stocks to Buy
• Neutral Sentiment: Bull/bear price models and buy signals (e.g., 24/7 Wall St. target ~ $352) provide upside narratives but depend on execution in Cloud/AI and ad resilience. Google Price Prediction: Bull and Bear Case
• Negative Sentiment: Mass arbitration claims tied to ad tech and search rulings could expose Alphabet to as much as $218 billion in damages — a large potential liability that raises regulatory/legal overhang and investor uncertainty. Alphabet Faces $218 Billion Mass Arbitration Claims Over Ad Tech And Search Rulings
• Negative Sentiment: New antitrust suit from rival Android app store Aptoide alleges Google monopolizes app distribution and billing — adds to legal risk profile and could pressure Android-related revenue or margins if rulings are unfavorable. Google sued by rival app store Aptoide over alleged monopoly
• Negative Sentiment: Competitive pressure in digital ads: Emarketer/WSJ projections show Meta may overtake Google in net ad revenue this year — a structural risk for Google’s largest business that could weigh on longer-term top-line growth. Meta poised to surpass Google in digital ad revenue for first time, report says

Alphabet Profile

Alphabet Inc NASDAQ: GOOG is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as "Other Bets." Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company's history.

Alphabet's core business centers on internet search and advertising, with Google Search and the company's ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.

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