BXM Wealth LLC Buys 134,629 Shares of Alphabet Inc. $GOOGL

Key Points

• BXM Wealth LLC boosted its stake in Alphabet by 1,155.2% in Q4, buying 134,629 shares to hold 146,283 shares worth about $45.79 million — roughly 4.5% of BXM's portfolio and its sixth-largest holding.
• Wall Street sentiment is broadly bullish with several firms raising price targets (e.g., Citi to the low-$400s, Phillip to $395) and an average analyst target of $367.62, though increased coverage ahead of the April 29 Q1 report could spur short-term volatility.
• Alphabet recently beat estimates (Q4 EPS $2.82 vs. $2.57; revenue $113.83B vs. $111.24B), has a market cap around $4.08 trillion and started a $0.21 quarterly dividend (≈0.2% yield).

BXM Wealth LLC grew its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1,155.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 146,283 shares of the information services provider's stock after purchasing an additional 134,629 shares during the period. Alphabet makes up approximately 4.5% of BXM Wealth LLC's portfolio, making the stock its 6th biggest holding. BXM Wealth LLC's holdings in Alphabet were worth $45,787,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of GOOGL. Members Trust Co boosted its stake in shares of Alphabet by 0.5% in the fourth quarter. Members Trust Co now owns 6,434 shares of the information services provider's stock valued at $2,014,000 after buying an additional 31 shares in the last quarter. Lifelong Wealth Advisors Inc. boosted its stake in shares of Alphabet by 1.9% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider's stock valued at $541,000 after buying an additional 33 shares in the last quarter. White Wing Wealth Management boosted its stake in shares of Alphabet by 2.9% in the fourth quarter. White Wing Wealth Management now owns 1,155 shares of the information services provider's stock valued at $362,000 after buying an additional 33 shares in the last quarter. Quantum Financial Advisors LLC boosted its stake in shares of Alphabet by 0.3% in the fourth quarter. Quantum Financial Advisors LLC now owns 11,799 shares of the information services provider's stock valued at $3,693,000 after buying an additional 34 shares in the last quarter. Finally, MRA Advisory Group boosted its stake in shares of Alphabet by 2.7% in the fourth quarter. MRA Advisory Group now owns 1,310 shares of the information services provider's stock valued at $410,000 after buying an additional 35 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Several brokerages raised ratings and targets for Alphabet, boosting investor confidence (Phillip Securities raised its price target to $395). Phillip Securities Adjusts Price Target on Alphabet to $395
• Positive Sentiment: Citi raised its price target to the low-$400s and put Alphabet on a 90-day catalyst watch, highlighting near-term product/event catalysts ahead of Q1 results. Wall Street sets Google stock price target for the next 12 months
• Positive Sentiment: Stifel Nicolaus published a buy on GOOGL (supporting demand for the shares). Alphabet Class A (GOOGL) Receives a Buy from Stifel Nicolaus
• Positive Sentiment: Analysts and outlets are flagging Alphabet as a top long-term/momentum AI play and noting an impressive history of earnings surprises — supporting expectations for another beat. Will Alphabet (GOOGL) Beat Estimates Again?
• Positive Sentiment: Partnerships and ecosystem wins (e.g., expanded GitLab integration with Google Cloud) underline GCP traction and recurring-revenue opportunities for cloud customers. GitLab Stock Jumps on Google Cloud Boost
• Neutral Sentiment: Market-level commentary notes a broader tech/Nasdaq rebound and that many investors remain underexposed, which can amplify inflows into large-cap AI leaders like Alphabet. The Bull Case Is Strengthening
• Neutral Sentiment: Coverage and price-target moves are concentrated ahead of the April 29 Q1 report, so short-term volatility could increase around that catalyst. Wall Street sets Google stock price target for the next twelve months
• Negative Sentiment: Regulatory risk resurfaced as rival app store Aptoide sued Google, alleging anti-competitive app distribution and billing practices — a fresh antitrust legal overhang. Google sued by rival app store Aptoide
• Negative Sentiment: Competitive threats to ad revenue (notably from Meta) and reports about structural shifts in the ad market could pressure growth long term. Zuckerberg Is Dangerously Close To Cracking Google's Money Machine
• Negative Sentiment: Security/ad-integrity concerns (HUMAN’s report on AI-driven ad fraud/scareware) pose reputational and monetization risks for Google’s content-distribution channels. HUMAN’s Satori Researchers Identify Novel Ad Fraud
• Negative Sentiment: Some reports also note Stifel lowered expectations in an alternate notice, highlighting that not all analyst commentary is uniformly bullish — a reminder of mixed analyst views. Stifel Nicolaus Has Lowered Expectations for Alphabet

Alphabet Stock Up 1.3%

Shares of NASDAQ:GOOGL opened at $337.12 on Thursday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 52-week low of $146.10 and a 52-week high of $349.00. The stock's fifty day simple moving average is $306.35 and its 200-day simple moving average is $300.43. The company has a market capitalization of $4.08 trillion, a P/E ratio of 31.19, a P/E/G ratio of 2.05 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. As a group, equities research analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, March 9th. Alphabet's dividend payout ratio is currently 7.77%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on GOOGL. Bank of America lifted their price target on Alphabet from $335.00 to $370.00 and gave the company a "buy" rating in a research note on Tuesday, January 13th. Citigroup restated a "buy" rating and issued a $405.00 price target (up from $390.00) on shares of Alphabet in a research note on Tuesday. DZ Bank restated a "buy" rating on shares of Alphabet in a research note on Monday, February 16th. JPMorgan Chase & Co. restated a "buy" rating on shares of Alphabet in a research note on Monday, February 9th. Finally, Piper Sandler restated an "overweight" rating and issued a $395.00 price target (up from $365.00) on shares of Alphabet in a research note on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $367.62.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 112 shares of the company's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the sale, the director directly owned 18,418 shares in the company, valued at $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Kent Walker sold 8,993 shares of the company's stock in a transaction on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the sale, the insider owned 51,808 shares in the company, valued at $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,068,744 shares of company stock valued at $104,505,914. Insiders own 11.64% of the company's stock.

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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