Farther Finance Advisors LLC Purchases 56,197 Shares of Alphabet Inc. $GOOGL

Key Points

• Farther Finance Advisors LLC increased its stake in Alphabet by 25.5%, purchasing 56,197 shares in Q4 to hold 276,975 shares valued at about $86.7 million, making Alphabet its 12th-largest holding.
• CEO Sundar Pichai sold 32,500 shares (≈$10.9M) on Feb 4, and insiders have sold 2,037,294 shares worth roughly $94.2M in the past 90 days, leaving insiders with about 11.55% ownership.
• Alphabet beat Q4 estimates (EPS $2.82 vs $2.57; revenue $113.83B vs $111.24B) and has broadly positive analyst sentiment, with a consensus price target around $369.67 and mostly Buy ratings.

Farther Finance Advisors LLC grew its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 25.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 276,975 shares of the information services provider's stock after acquiring an additional 56,197 shares during the quarter. Alphabet comprises 0.9% of Farther Finance Advisors LLC's holdings, making the stock its 12th largest holding. Farther Finance Advisors LLC's holdings in Alphabet were worth $86,693,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fortress Financial Group LLC bought a new stake in shares of Alphabet during the fourth quarter valued at approximately $353,000. Cura Wealth Advisors LLC increased its holdings in shares of Alphabet by 21.2% during the fourth quarter. Cura Wealth Advisors LLC now owns 5,199 shares of the information services provider's stock valued at $1,627,000 after acquiring an additional 909 shares in the last quarter. Tyche Wealth Partners LLC increased its holdings in shares of Alphabet by 9.8% during the fourth quarter. Tyche Wealth Partners LLC now owns 18,587 shares of the information services provider's stock valued at $5,818,000 after acquiring an additional 1,657 shares in the last quarter. Natural Investments LLC bought a new stake in shares of Alphabet during the fourth quarter valued at approximately $11,552,000. Finally, Oak Ridge Investments LLC increased its holdings in shares of Alphabet by 11.4% during the fourth quarter. Oak Ridge Investments LLC now owns 79,096 shares of the information services provider's stock valued at $24,757,000 after acquiring an additional 8,125 shares in the last quarter. Institutional investors own 40.03% of the company's stock.

Insiders Place Their Bets

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total value of $10,893,350.00. Following the transaction, the chief executive officer owned 2,179,372 shares of the company's stock, valued at approximately $730,481,906.96. The trade was a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,037,294 shares of company stock valued at $94,216,897. 11.55% of the stock is currently owned by insiders.

Alphabet Stock Down 0.2%

GOOGL stock opened at $349.77 on Wednesday. The stock's fifty day simple moving average is $311.15 and its two-hundred day simple moving average is $306.97. 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 1-year low of $147.84 and a 1-year high of $353.18. The stock has a market cap of $4.23 trillion, a P/E ratio of 32.36, a P/E/G ratio of 2.17 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share 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 business had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Analysts expect that Alphabet Inc. will post 11.53 EPS for the current year.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Pentagon access expands — the U.S. Department of Defense has added Google’s Gemini models to secure/ classified use, opening a new avenue for recurring, high‑margin cloud and AI revenue that could materially benefit Google Cloud’s growth profile. Pentagon AI chief confirms DOD's expanded use of Google
• Positive Sentiment: Standards push for agentic commerce — Google and Mastercard contributed agentic‑AI commerce/authentication standards to the FIDO Alliance, which could accelerate secure commercial use of agentic features and broaden revenue paths for Google’s AI platform. Google and Mastercard Contribute Agentic Commerce Standards to FIDO Alliance
• Positive Sentiment: AI hardware progress supports ecosystem — market commentary tying Google’s custom AI chip roadmap to Broadcom’s strength highlights Google’s vertical stack (chips + cloud + models), which supports durable competitive positioning in AI infrastructure. Broadcom Hits $2 Trillion Market Cap as Google Reveals New AI Chips
• Neutral Sentiment: Earnings and ad metrics in focus — multiple previews stress that Search ad strength and Cloud demand will determine the Q1 print; investors are braced for guidance on AI spending and ad trends rather than a surprise in model‑driven revenue acceleration. META, GOOGL Earnings: Advertising Results Remain Key
• Neutral Sentiment: Analyst support vs. stretched valuation — some firms reaffirm buy ratings into earnings, but comments note valuation is elevated and investors want proof that AI capex converts into higher returns. MarketScreener: Deutsche Bank Keeps Buy
• Negative Sentiment: Employee and reputational backlash — internal protests and public criticism followed the Pentagon deal, creating potential talent, PR and culture risks that could complicate execution and invite scrutiny. A Google researcher says they're 'ashamed' after the company signed a Pentagon deal
• Negative Sentiment: Regulatory and geopolitical headwinds — EU guidance to target cloud/AI under Big Tech rules and proposals like Australia’s news levy add policy risk that could pressure margins or local revenues over time. EU rules reining in Big Tech will now target cloud services and AI

Wall Street Analyst Weigh In

Several research firms have recently commented on GOOGL. Bank of America boosted their price objective on Alphabet from $335.00 to $370.00 and gave the company a "buy" rating in a report on Tuesday, January 13th. Citizens Jmp reiterated a "market outperform" rating and set a $385.00 price target on shares of Alphabet in a report on Monday, April 13th. Piper Sandler reiterated an "overweight" rating and set a $395.00 price target (up from $365.00) on shares of Alphabet in a report on Thursday, February 5th. Cantor Fitzgerald upped their price target on Alphabet from $370.00 to $395.00 and gave the stock an "overweight" rating in a report on Monday, April 20th. Finally, Arete Research upped their price target on Alphabet from $380.00 to $405.00 and gave the stock a "buy" rating in a report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, Alphabet has an average rating of "Moderate Buy" and a consensus target price of $369.67.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.