Exencial Wealth Advisors LLC Has $69.38 Million Stock Holdings in Alphabet Inc. $GOOG

Key Points

• Exencial Wealth Advisors trimmed its Alphabet stake by 14.8% in Q4, now owning 221,095 shares worth $69.38 million — roughly 2.2% of its portfolio and the fund's third-largest holding.
• Significant insider selling has occurred recently: John Kent Walker sold 47,574 shares (~$14.34M) and CEO Sundar Pichai sold 32,500 shares (~$9.88M), with insiders disposing of 158,553 shares worth $47.95M over the past 90 days.
• Alphabet reported a strong quarter — EPS $5.11 vs. $2.68 expected and revenue $109.9B (up 21.8% YoY) — raised its quarterly dividend to $0.22, and analysts remain largely bullish with an average target near $362.73.

Exencial Wealth Advisors LLC cut its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 221,095 shares of the information services provider's stock after selling 38,276 shares during the period. Alphabet makes up 2.2% of Exencial Wealth Advisors LLC's portfolio, making the stock its 3rd largest position. Exencial Wealth Advisors LLC's holdings in Alphabet were worth $69,380,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in GOOG. Imprint Wealth LLC bought a new stake in Alphabet in the third quarter worth $31,000. Manning & Napier Advisors LLC bought a new stake in Alphabet in the third quarter worth $32,000. Nvest Wealth Strategies Inc. bought a new stake in Alphabet in the fourth quarter worth $38,000. Towne Trust Company N.A lifted its stake in Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock worth $42,000 after purchasing an additional 34 shares during the last quarter. Finally, Lynch Asset Management Inc. bought a new stake in Alphabet in the third quarter worth $61,000. 27.26% of the stock is owned by institutional investors.

Insider Activity at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of the business's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider owned 13,227 shares in the company, valued at $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction, the chief executive officer owned 2,818,524 shares in the company, valued at $856,605,814.08. This represents a 1.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 158,553 shares of company stock worth $47,951,856 over the last ninety days. Corporate insiders own 12.99% of the company's stock.

Alphabet Price Performance

GOOG stock opened at $395.30 on Friday. The firm's 50-day moving average price is $317.19 and its two-hundred day moving average price is $311.59. Alphabet Inc. has a 12-month low of $153.83 and a 12-month high of $397.36. The stock has a market capitalization of $4.78 trillion, a price-to-earnings ratio of 30.15, a PEG ratio of 1.65 and a beta of 1.25. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.68 by $2.43. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The firm had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.96 billion. During the same quarter in the previous year, the company earned $2.81 earnings per share. The company's revenue for the quarter was up 21.8% compared to the same quarter last year. As a group, equities analysts predict that Alphabet Inc. will post 14 earnings per share for the current year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a dividend of $0.22 per share. This is an increase from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, June 8th. Alphabet's dividend payout ratio is presently 6.41%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 momentum and Anthropic cloud deal continue to underpin the rally — social and analyst chatter notes a post-earnings surge, AI-fueled ad strength and a reported ~$200B Anthropic commitment that materially boosts Alphabet’s cloud backlog and revenue visibility. Read More.
• Positive Sentiment: Analyst upgrades and higher price targets — Mizuho and other firms have raised forecasts and targets (examples around $460+), supporting upside expectations and helping push the stock higher. Read More.
• Positive Sentiment: Institutional buying reported — a handful of funds disclosed fresh additions (Swiss National Bank, Allen Investment, Fisher Asset among others), signaling conviction from large holders. Read More. • Read More.
• Neutral Sentiment: New consumer products and subscription moves could expand monetization but are early-stage — Google launched the Fitbit Air wearable and an AI health-coach subscription, which add recurring-revenue potential but are not yet material to near-term results. Read More.
• Negative Sentiment: EU regulatory risk remains — Alphabet has proposed changes to news search to head off additional multibillion-euro fines, highlighting ongoing antitrust exposure that could pressure European revenue or require product changes. Read More.
• Negative Sentiment: Significant insider and some institutional selling — data show heavy insider sales in recent months and several large funds (Deutsche Bank, CalPERS, Madison) trimmed GOOG positions, which can cap short-term upside and increase volatility. Read More. • Read More.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Scotiabank reissued an "outperform" rating and issued a $450.00 price target (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. Weiss Ratings reissued a "buy (b)" rating on shares of Alphabet in a research note on Monday, April 20th. Piper Sandler restated an "overweight" rating and issued a $395.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. DZ Bank upgraded shares of Alphabet to a "strong-buy" rating in a research report on Monday, February 16th. Finally, UBS Group restated a "neutral" rating and issued a $348.00 price objective (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $362.73.

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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