Coerente Capital Management Has $61.60 Million Stock Position in Alphabet Inc. $GOOGL

Key Points

• Coerente Capital cut its Alphabet stake by 26.2% in Q4, selling 69,939 shares and now holding 196,810 shares worth about $61.60 million, which represents roughly 11.2% of its portfolio and is its largest holding.
• Insiders have been net sellers recently—2,037,294 shares worth about $94.2 million were sold over the last three months (including sales by John Hennessy and John Kent Walker)—which could weigh on short‑term sentiment.
• Alphabet beat quarterly estimates with $2.82 EPS and $113.83B revenue, paid a $0.21 quarterly dividend, and recent Cloud/AI moves (new TPUs, Gemini Enterprise, a Merck deal) alongside analyst target upgrades underpin growth expectations.

Coerente Capital Management reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 26.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,810 shares of the information services provider's stock after selling 69,939 shares during the period. Alphabet accounts for about 11.2% of Coerente Capital Management's investment portfolio, making the stock its largest holding. Coerente Capital Management's holdings in Alphabet were worth $61,602,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of GOOGL. PMV Capital Advisers LLC purchased a new position in shares of Alphabet during the fourth quarter valued at approximately $38,000. Kentucky Trust Co grew its stake in shares of Alphabet by 142.9% in 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 last quarter. iSAM Funds UK Ltd purchased a new stake in shares of Alphabet in the 3rd quarter worth approximately $53,000. Pilgrim Partners Asia Pte Ltd bought a new position in Alphabet during the 3rd quarter valued at approximately $53,000. Finally, Corsicana & Co. bought a new position in Alphabet during the 3rd quarter valued at approximately $54,000. Institutional investors own 40.03% of the company's stock.

Alphabet Trading Down 0.1%

Shares of NASDAQ:GOOGL opened at $338.89 on Friday. 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 Inc. has a 1 year low of $147.84 and a 1 year high of $349.00. The company has a market cap of $4.10 trillion, a P/E ratio of 31.35, a PEG ratio of 2.09 and a beta of 1.12. The stock's fifty day moving average price is $308.53 and its 200-day moving average price is $303.92.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping 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 company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Sell-side analysts expect that Alphabet Inc. will post 11.57 earnings per share for the current year.

Alphabet Dividend Announcement

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

Insider Transactions at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total value of $348,232.50. Following the sale, the director owned 3,581 shares in the company, valued at approximately $1,187,638.65. This trade represents a 22.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the completion of the sale, the insider directly owned 51,808 shares of the company's stock, valued at approximately $14,293,309.12. This trade represents a 14.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,037,294 shares of company stock valued at $94,216,897. Company insiders own 11.64% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Raymond James Financial raised Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, January 22nd. Rosenblatt Securities restated a "neutral" rating and set a $357.00 price target on shares of Alphabet in a report on Thursday. Phillip Securities lifted their price target on Alphabet from $340.00 to $395.00 and gave the stock a "moderate buy" rating in a research report on Wednesday, April 15th. Barclays reiterated an "overweight" rating and issued a $360.00 price target (up from $315.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, Citizens Jmp reissued a "market outperform" rating and set a $385.00 price objective on shares of Alphabet in a research report on Monday, April 13th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $369.67.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled two eighth‑generation TPUs (separate chips for training and inference), a move that could lower AI infrastructure costs and help Google Cloud compete with Nvidia. This product push underpins revenue and margin upside in cloud/AI services. Google Cloud launches two new AI chips to compete with Nvidia
• Positive Sentiment: Alphabet amplified its enterprise AI strategy at Cloud Next — launching the Gemini Enterprise Agent Platform and a $750M partner fund to accelerate agentic AI adoption. That accelerates monetization paths for AI in Google Cloud. Google makes an interesting choice with its new agent building tool for enterprises
• Positive Sentiment: Large commercial deals are following: Merck committed up to $1B to use Google Cloud and Gemini Enterprise, validating enterprise demand and multiyear revenue potential for cloud AI services. Merck to partner with Google Cloud on AI initiatives
• Positive Sentiment: Several sell‑side firms raised targets or reiterated bullish views (BMO to $410, UBS up to $375, Cantor to $395, KeyCorp to $380; JPMorgan and BofA reiterated Buy), signaling analyst confidence in Cloud + AI-driven growth ahead of Q1 results. BMO Raises Alphabet’s Target to $410 and Calls It “the Best Way to Own AI”
• Neutral Sentiment: Google is rolling consumer and workplace AI features (Wallet travel updates, Workspace automation, Chrome “auto browse”) that expand product engagement but are longer‑term monetization plays. Google updates Workspace to make AI your new office intern
• Neutral Sentiment: Independent bullish commentary (e.g., investor columns and pundit targets like Jim Cramer) support investor conviction but are opinion‑driven rather than new fundamentals. Jim Cramer sets Google stock price target
• Negative Sentiment: EU regulators are pressuring Google to give rival AI assistants access to Android features — a potential regulatory move that could weaken Android‑centric advantages and complicate Google’s ad/assistant ecosystem. Google Faces New EU Pressure to Give AI Rivals Android Access
• Negative Sentiment: Recent insider selling was reported, which briefly pressured shares; while not necessarily indicative of fundamentals, it can spook short‑term sentiment ahead of earnings. Alphabet Inc. NASDAQ: GOOGL Shares Down 1.2% Following Insider Selling

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.

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