Greenberg Financial Group Buys Shares of 5,574 Alphabet Inc. $GOOG

Key Points

• Greenberg Financial Group bought a new stake of 5,574 shares of Alphabet (NASDAQ: GOOG) in Q4 valued at approximately $1,749,000, representing 0.7% of its portfolio and its 27th largest holding.
• Alphabet beat expectations in its latest quarter with $2.82 EPS vs. $2.59 consensus and $113.83 billion in revenue (up 18% YoY); the company has a ~$4.05 trillion market cap and a P/E of about 30.9.
• Insider selling has been notable recently: CEO Sundar Pichai sold 32,500 shares (~$10.0M) and insiders sold roughly 2,068,744 shares valued at about $104.5M over the last three months, though insiders still own ~12.99% of the company.

Greenberg Financial Group bought a new stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 5,574 shares of the information services provider's stock, valued at approximately $1,749,000. Alphabet makes up 0.7% of Greenberg Financial Group's investment portfolio, making the stock its 27th biggest holding.

A number of other large investors have also recently modified their holdings of the business. Darwin Wealth Management LLC boosted its holdings in shares of Alphabet by 1.9% in the 4th quarter. Darwin Wealth Management LLC now owns 4,570 shares of the information services provider's stock valued at $1,434,000 after purchasing an additional 85 shares in the last quarter. MH & Associates Securities Management Corp ADV acquired a new stake in shares of Alphabet in the 4th quarter valued at $314,000. Comprehensive Money Management Services LLC boosted its holdings in shares of Alphabet by 242.3% in the 4th quarter. Comprehensive Money Management Services LLC now owns 5,806 shares of the information services provider's stock valued at $1,822,000 after purchasing an additional 4,110 shares in the last quarter. Sutton Place Investors LLC boosted its holdings in shares of Alphabet by 5.2% in the 4th quarter. Sutton Place Investors LLC now owns 3,815 shares of the information services provider's stock valued at $1,197,000 after purchasing an additional 189 shares in the last quarter. Finally, Jackson Square Capital LLC boosted its holdings in shares of Alphabet by 90.2% in the 4th quarter. Jackson Square Capital LLC now owns 20,405 shares of the information services provider's stock valued at $6,403,000 after purchasing an additional 9,675 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Alphabet Trading Up 1.2%

NASDAQ GOOG opened at $334.47 on Thursday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a twelve month low of $148.40 and a twelve month high of $350.15. The company has a market cap of $4.05 trillion, a price-to-earnings ratio of 30.94, a price-to-earnings-growth ratio of 2.04 and a beta of 1.13. The business's fifty day moving average is $305.63 and its 200 day moving average is $300.61.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the previous year, the business earned $2.15 EPS. The business's quarterly revenue was up 18.0% compared to the same quarter last year. As a group, sell-side analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet's payout ratio is currently 7.77%.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 112 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director owned 18,418 shares of the company's stock, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm'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 transaction of $10,006,425.00. Following the transaction, the chief executive officer owned 1,642,060 shares of the company's stock, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,068,744 shares of company stock valued at $104,505,914 over the last three months. Insiders own 12.99% of the company's stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts and outlets highlight Alphabet’s large payoff potential from its early SpaceX stake, which investors view as a material latent asset that could boost GAAP value if SpaceX goes public. Alphabet (GOOGL) Could Score a $100B+ Payday from SpaceX IPO
• Positive Sentiment: Coverage emphasizes the same theme — Google’s SpaceX stake could be worth more than most public companies, a narrative that supports a higher valuation multiple for GOOG. Google's stake in SpaceX could be worth more than most companies on the planet
• Positive Sentiment: Wall Street momentum: analysts have raised targets and put Alphabet on catalyst watches ahead of events and Q1 earnings, fueling bullish positioning. Alphabet Stock (GOOGL) Opinions on Analyst Price Target Increases
• Positive Sentiment: Citi boosted its price target and kept a Buy rating ahead of Q1, reinforcing the buy-side narrative into earnings and product events. Wall Street sets Google stock price target for the next 12 months
• Positive Sentiment: Commercial AI traction: new partnerships and product launches (Cadence optimizing chip design on Google Cloud; Thoma Bravo deal to bring AI to a large software portfolio; Gemini app for Mac; Chrome “AI skills” rollout) strengthen revenue and cloud backlog outlook. Cadence and Google Collaborate to Scale AI-Driven Chip Design with ChipStack AI Super Agent on Google Cloud
• Neutral Sentiment: Some funds trimmed GOOG in recent 13F updates (various institutional sales), which may reflect portfolio rebalancing rather than conviction changes; keep an eye on large-scale flows. Fund Update: Douglas Lane & Associates, LLC Just Disclosed New Holdings
• Negative Sentiment: Regulatory and legal risk: Alphabet faces a new antitrust suit from rival app store Aptoide and a separate report of mass arbitration claims tied to ad tech/search rulings — these are headline risks that could pressure sentiment or lead to fines/costs. Google sued by rival app store Aptoide over alleged monopoly
• Negative Sentiment: Large-scale arbitration exposure reported (~$218B) tied to ad tech/search rulings — while the figure is headline-grabbing, resolution outcomes and timing remain uncertain and could create volatility. Alphabet Faces $218 Billion Mass Arbitration Claims Over Ad Tech And Search Rulings
• Negative Sentiment: Competition risk: OpenAI’s move into digital ads is an emerging threat to Google’s core ad franchise and is being watched by investors. OpenAI Pushes Into Digital Ads, Setting Up New Competition with Alphabet (GOOGL) and Meta (META)

Analyst Ratings Changes

A number of equities research analysts have weighed in on GOOG shares. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Alphabet in a report on Tuesday, January 20th. KeyCorp set a $370.00 price objective on Alphabet in a report on Thursday, February 5th. DZ Bank raised Alphabet to a "strong-buy" rating in a report on Monday, February 16th. Scotiabank reissued an "outperform" rating and set a $400.00 price objective (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. Finally, BMO Capital Markets reissued an "outperform" rating and set a $400.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $345.71.

Alphabet 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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