Darwin Wealth Management LLC Sells 2,323 Shares of Alphabet Inc. $GOOGL

Key Points

• Darwin Wealth Management cut its Alphabet stake by 16.1%, selling 2,323 shares in Q4 and leaving 12,101 shares valued at $3.788 million (about 1.2% of the firm's holdings and its 23rd largest position).
• Alphabet beat earnings in the latest quarter, reporting $2.82 EPS versus $2.57 expected and $113.83 billion in revenue, with analysts forecasting roughly 11.53 EPS for the year.
• Significant insider selling has occurred recently — CEO Sundar Pichai sold 32,500 shares and insiders have sold about 2,069,794 shares totaling ~$104.85 million in the past 90 days.

Darwin Wealth Management LLC reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 16.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,101 shares of the information services provider's stock after selling 2,323 shares during the quarter. Alphabet accounts for about 1.2% of Darwin Wealth Management LLC's holdings, making the stock its 23rd biggest position. Darwin Wealth Management LLC's holdings in Alphabet were worth $3,788,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in GOOGL. State Street Corp boosted its stake in Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider's stock valued at $40,524,841,000 after purchasing an additional 4,008,374 shares during the last quarter. Capital World Investors raised its stake in shares of Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock worth $12,910,542,000 after purchasing an additional 11,605,785 shares during the last quarter. Capital Research Global Investors raised its stake in shares of Alphabet by 15.7% in the third quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock worth $12,333,076,000 after purchasing an additional 6,874,381 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Alphabet by 2.3% in the third quarter. Invesco Ltd. now owns 45,186,112 shares of the information services provider's stock valued at $10,984,744,000 after purchasing an additional 1,034,292 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Alphabet by 1.0% in the third quarter. Legal & General Group Plc now owns 39,250,829 shares of the information services provider's stock valued at $9,541,877,000 after purchasing an additional 392,547 shares in the last quarter. 40.03% of the stock is owned by institutional investors.

Alphabet Stock Performance

Shares of Alphabet stock opened at $337.42 on Tuesday. The business's fifty day simple moving average is $307.09 and its 200 day simple moving average is $302.81. 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 12 month low of $146.10 and a 12 month high of $349.00. The firm has a market capitalization of $4.08 trillion, a P/E ratio of 31.21, a price-to-earnings-growth ratio of 2.11 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. As a group, analysts anticipate that Alphabet Inc. will post 11.53 EPS for the current year.

Alphabet Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Tigress Financial set a $415.00 price target on Alphabet and gave the stock a "strong-buy" rating in a report on Thursday, February 19th. Dbs Bank raised their price objective on Alphabet from $360.00 to $400.00 and gave the company a "buy" rating in a research note on Friday. Pivotal Research lifted their price objective on shares of Alphabet from $400.00 to $420.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Wall Street Zen lowered shares of Alphabet from a "buy" rating to a "hold" rating in a research note on Sunday, April 12th. Finally, Truist Financial set a $385.00 target price on shares of Alphabet in a report on Thursday, February 5th. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $368.94.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Multiple analyst upgrades and higher price targets signal bullish expectations around Google Cloud and AI monetization: Cantor Fitzgerald raised its target to $395 and KeyCorp lifted its target to $380, citing momentum into Cloud Next. Cantor Fitzgerald price target raise KeyCorp target lift
• Positive Sentiment: Google is expanding its TPU/AI-inference push and getting growing demand from big AI customers (Anthropic, Meta). That strengthens cloud differentiation and potential high-margin hardware/service revenues. Google expands TPU push
• Positive Sentiment: Reports that Google is in talks with Marvell to develop inference-focused AI chips point to verticalization of Google's AI stack (could reduce reliance on external suppliers and improve cloud differentiation). These reports lifted chip names and echo the TPU push. Reuters: Marvell-Google talks
• Neutral Sentiment: Some coverage and trade commentary highlight heavy investor attention and short-term volatility around GOOGL (Zacks pieces noting larger-than-market moves); useful for traders but not necessarily directional for fundamentals. Zacks: Why GOOGL dipped
• Neutral Sentiment: Initial Marvell gains were pared after analysts disputed the scope/timing of any Google deal, introducing uncertainty about the immediate impact and which vendors will benefit. Marvell gains pared
• Negative Sentiment: eMarketer projects Meta will overtake Google in digital ad revenue this year — a red flag for Google’s core ad growth narrative and a potential headwind for revenue expectations. eMarketer: Meta set to surpass Google
• Negative Sentiment: Investor concern about rising AI-related spending (reports that Alphabet will materially increase AI investment) can pressure near-term margins even as it supports long-term growth—this likely contributed to today's pullback after a strong April rally. Fool on AI spending concerns

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the sale, 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 legal filing with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction dated 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 in the company, valued at approximately $856,605,814.08. The trade was a 1.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,069,794 shares of company stock worth $104,854,147 in the last ninety days. Corporate insiders own 11.55% 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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