BLB&B Advisors LLC Sells 4,930 Shares of Alphabet Inc. $GOOGL

Key Points

• BLB&B Advisors LLC trimmed its stake in Alphabet by 3.3% in Q4, selling 4,930 shares and now holding 145,609 shares worth about $45.58 million, representing 1.9% of the fund and its 14th-largest holding.
• Q1 beat and Cloud strength: Alphabet reported $5.11 EPS (vs. ~$2.64 est.) and $109.9B revenue, while Google Cloud grew ~63% to surpass $20B — results that spurred analyst target upgrades and a consensus "Moderate Buy" with a $369.67 price target.
• Insider selling: Insiders have sold 2,037,192 shares worth $94.18M in the past three months (including a 1,845,308-share sale by 2017 Gp L.L.C. Gv); insiders now own 11.55% of the stock and institutions own 40.03%.

BLB&B Advisors LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,609 shares of the information services provider's stock after selling 4,930 shares during the quarter. Alphabet makes up 1.9% of BLB&B Advisors LLC's holdings, making the stock its 14th biggest holding. BLB&B Advisors LLC's holdings in Alphabet were worth $45,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Activity

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company's stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Amie Thuener O'toole sold 955 shares of the company's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at $2,955,564. This represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 2,037,192 shares of company stock worth $94,182,217. 11.55% of the stock is owned by company insiders.

Alphabet Stock Up 0.0%

GOOGL stock opened at $349.94 on Thursday. The stock's fifty day simple moving average is $312.08 and its two-hundred day simple moving average is $307.27. 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 1-year low of $147.84 and a 1-year high of $355.79. The stock has a market cap of $4.23 trillion, a P/E ratio of 32.37, a P/E/G ratio of 2.17 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.59 billion. Analysts expect that Alphabet Inc. will post 11.53 EPS for the current year.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings beat and strong top-line — Alphabet reported $5.11 EPS vs. consensus ~ $2.62 and revenue ~ $109.9B, topping estimates; investors treated the print as confirmation that heavy AI/cloud spending is translating to growth. Read More.
• Positive Sentiment: Google Cloud acceleration — Cloud revenue grew ~63% and surpassed $20B, signaling strong enterprise AI demand that materially boosted the quarter. This is a primary driver of the stock strength. Read More.
• Positive Sentiment: Subscription and YouTube momentum — Alphabet added ~25M paid subscriptions (now ~350M) and YouTube ad revenue rose ~11%, showing diversified, recurring revenue beyond search ads. Read More.
• Positive Sentiment: New monetization paths in AI — Management signaled openness to placing ads in Gemini/AI Mode and is enabling commerce inside AI apps via partners (e.g., Stripe), which creates additional long-term ad and transactions revenue streams. Read More. Read More.
• Neutral Sentiment: Defense contracts could open new TAM — Alphabet signed classified-access arrangements with the U.S. DoD for Gemini models, creating a potential high-margin revenue stream but also raising ethical/backlash considerations. Investors view this as revenue-positive but reputationally mixed. Read More.
• Neutral Sentiment: Analyst updates lift expectations — Some firms nudged FY estimates higher after the results, supporting the near-term bull case but also reflecting momentum already priced into the stock. Read More.
• Negative Sentiment: Cloud capacity constraints — Management flagged capacity limits that may have constrained Cloud growth this quarter, raising questions about how quickly Alphabet can scale without heavy incremental capex or allocation trade-offs. That introduces near-term growth/ margin uncertainty. Read More.
• Negative Sentiment: Governance, employee and regulatory risk — Shareholder groups and employees pushed for more safeguards over cloud/AI use (and Alphabet expanded Pentagon access), and EU/Australian policy moves could increase compliance costs or limit certain revenue channels. These are top-down risks that can weigh multiple quarters out. Read More. Read More.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. 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. Mizuho lifted their target price on Alphabet from $410.00 to $420.00 and gave the company an "outperform" rating in a research report on Friday, April 10th. Pivotal Research lifted their target price on Alphabet from $400.00 to $420.00 and gave the company a "buy" rating in a research report on Thursday, February 5th. Citigroup reaffirmed a "buy" rating and set a $405.00 target price (up from $390.00) on shares of Alphabet in a research report on Tuesday, April 14th. Finally, Cantor Fitzgerald lifted their target price on Alphabet from $370.00 to $395.00 and gave the company an "overweight" rating in a research report on Monday, April 20th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $369.67.

About Alphabet

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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