Emissary Wealth LLC Takes Position in Alphabet Inc. $GOOG

Key Points

• Emissary Wealth LLC established a new Q4 position in Alphabet, buying 3,440 shares worth about $1.08M (≈0.9% of its portfolio), while institutional investors and hedge funds own roughly 27.26% of the stock.
• Earnings beat: Alphabet topped Q1 estimates with $5.11 EPS vs. $2.63 expected and $109.9B revenue, driven by re‑accelerating Google Cloud and subscription growth, prompting multiple analyst price‑target raises and a consensus "Buy" rating (avg. target $351.73).
• Insider selling was material last quarter—CEO Sundar Pichai sold 32,500 shares and insiders sold about 2.04M shares (~$94.2M), leaving insiders with roughly 12.99% ownership.

Emissary Wealth LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,440 shares of the information services provider's stock, valued at approximately $1,079,000. Alphabet comprises approximately 0.9% of Emissary Wealth LLC's investment portfolio, making the stock its 29th biggest position.

A number of other hedge funds have also recently made changes to their positions in GOOG. Ring Mountain Capital LLC lifted its stake in Alphabet by 0.9% during the fourth quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider's stock worth $1,174,000 after purchasing an additional 30 shares during the last quarter. HRC Wealth Management LLC increased its stake in Alphabet by 1.0% in the fourth quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider's stock valued at $1,014,000 after purchasing an additional 31 shares during the last quarter. Avaii Wealth Management LLC increased its stake in Alphabet by 2.3% in the fourth quarter. Avaii Wealth Management LLC now owns 1,437 shares of the information services provider's stock valued at $451,000 after purchasing an additional 32 shares during the last quarter. Accel Wealth Management raised its holdings in Alphabet by 0.8% during the fourth quarter. Accel Wealth Management now owns 4,068 shares of the information services provider's stock worth $1,276,000 after purchasing an additional 33 shares in the last quarter. Finally, Accelerate Investment Advisors LLC raised its holdings in Alphabet by 1.1% during the fourth quarter. Accelerate Investment Advisors LLC now owns 3,166 shares of the information services provider's stock worth $993,000 after purchasing an additional 34 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Canaccord Genuity Group upped their target price on shares of Alphabet from $330.00 to $390.00 and gave the company a "buy" rating in a report on Wednesday, January 7th. Jefferies Financial Group reiterated a "buy" rating and set a $365.00 price target on shares of Alphabet in a research note on Monday, January 5th. Needham & Company LLC set a $400.00 price target on shares of Alphabet and gave the company a "buy" rating in a research report on Friday, March 13th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research note on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $370.00 price objective on shares of Alphabet in a report on Tuesday, January 20th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $351.73.

Alphabet Trading Down 0.1%

NASDAQ GOOG opened at $347.31 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market cap of $4.20 trillion, a PE ratio of 32.13, a P/E/G ratio of 2.16 and a beta of 1.13. Alphabet Inc. has a one year low of $149.49 and a one year high of $353.40. The firm's fifty day moving average is $310.87 and its two-hundred day moving average is $307.25.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.63 by $2.48. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.60 billion. During the same quarter in the prior year, the firm earned $2.81 earnings per share. The business's quarterly revenue was up 21.8% compared to the same quarter last year. Analysts expect that Alphabet Inc. will post 11.53 earnings per share for the current year.

Insider Activity

In other news, insider John Kent Walker sold 8,993 shares of the business's stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the transaction, the insider owned 51,808 shares of the company's stock, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer owned 1,642,060 shares of the company's stock, valued at $505,573,853.40. This trade represents a 1.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,037,192 shares of company stock worth $94,182,217 over the last quarter. 12.99% of the stock is owned by insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 beat — EPS and revenue topped estimates; Google Cloud re‑accelerated to ~$20B (≈63% YoY), validating AI monetization and enterprise demand. This is the primary catalyst for the positive market reaction after the print. Q1 Earnings Beat
• Positive Sentiment: Ad and subscriptions strength — Search/ads and YouTube showed growth (YouTube ad revenue +11%), and paid subs added ~25M, supporting recurring revenue and ad monetization of AI features. Subscriptions Growth
• Positive Sentiment: Analyst support and flows — Several firms raised price targets or reiterated Buy ratings (BMO, KeyBanc, William Blair coverage cited), and visible purchases from investors/ARK ahead of earnings signaled conviction. Analyst upgrades reinforce upside expectations. Analyst Upgrades
• Neutral Sentiment: AI commercialization roadmap — Management emphasized AI Mode / Gemini monetization (including potential ads in Gemini) and partnerships (e.g., Stripe integrations), which are long‑term positives but need execution to translate into durable margin expansion. Gemini Ads & AI Mode
• Neutral Sentiment: Cloud demand vs capacity questions — Cloud revenue growth surprised to the upside but management noted capacity constraints and allocation choices; these can boost near‑term revenue but also raise capex/capacity tradeoffs to monitor. Cloud Capacity Constraints
• Negative Sentiment: Reputation & governance risks — Alphabet’s classified AI deal with the Pentagon provoked employee pushback and investor requests for clearer safeguards on cloud/AI use; reputational and governance risks could attract regulatory or workforce friction. Pentagon AI Deal / Governance
• Negative Sentiment: Regulatory and tax risks — New proposals overseas (e.g., Australia's levy on local news revenues) and EU focus on cloud/AI regulation increase the policy risk premium on hyperscaler revenues. Monitor regional guidance and potential competitive impacts. Regulatory Risk
• Negative Sentiment: Investor positioning and fund flows — Some funds disclosed large reductions and certain trusts trimmed exposure ahead of earnings; short‑term volatility may persist as options traders had priced in a sizable post‑earnings swing. Fund Activity

Alphabet Company 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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