Greenberg Financial Group Purchases New Stake in Alphabet Inc. $GOOGL

Key Points

• Greenberg Financial Group acquired a new position of 3,841 shares in Alphabet during Q4, valued at approximately $1.202 million.
• Analyst sentiment is largely bullish — the stock has a consensus rating of "Moderate Buy" with a consensus target price of $368.94 and several firms raising targets into the $350–$400 range.
• Insiders have been net sellers recently: CEO Sundar Pichai sold 32,500 shares (~$10.0M) and insiders sold about 2.07M shares worth $104.85M over the last quarter.

Greenberg Financial Group acquired a new position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,841 shares of the information services provider's stock, valued at approximately $1,202,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Echo Wealth Management LLC purchased a new stake in Alphabet in the 4th quarter valued at $222,000. MH & Associates Securities Management Corp ADV acquired a new stake in shares of Alphabet in the 4th quarter worth $3,204,000. Financial Consulate Inc. raised its holdings in shares of Alphabet by 1.9% during the 4th quarter. Financial Consulate Inc. now owns 6,110 shares of the information services provider's stock worth $1,912,000 after acquiring an additional 115 shares during the period. FMB Wealth Management raised its holdings in shares of Alphabet by 1.5% during the 4th quarter. FMB Wealth Management now owns 4,038 shares of the information services provider's stock worth $1,264,000 after acquiring an additional 60 shares during the period. Finally, Wetzel Investment Advisors Inc. boosted its position in shares of Alphabet by 5.4% during the 4th quarter. Wetzel Investment Advisors Inc. now owns 5,590 shares of the information services provider's stock valued at $1,750,000 after acquiring an additional 287 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock.

Analyst Ratings Changes

GOOGL has been the subject of a number of analyst reports. DA Davidson upped their price objective on shares of Alphabet from $300.00 to $310.00 and gave the company a "neutral" rating in a report on Thursday, February 5th. Dbs Bank lifted their target price on shares of Alphabet from $360.00 to $400.00 and gave the stock a "buy" rating in a research note on Friday. Wells Fargo & Company decreased their target price on shares of Alphabet from $397.00 to $361.00 and set an "overweight" rating on the stock in a report on Thursday, April 2nd. New Street Research increased their price target on shares of Alphabet from $330.00 to $380.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Finally, Moffett Nathanson raised their price target on shares of Alphabet from $305.00 to $350.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued 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 a consensus target price of $368.94.

Alphabet Trading Down 1.2%

Shares of GOOGL stock opened at $337.42 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market cap of $4.08 trillion, a PE ratio of 31.21, a price-to-earnings-growth ratio of 2.11 and a beta of 1.12. The company has a 50-day moving average of $307.09 and a two-hundred day moving average of $302.81. Alphabet Inc. has a 1-year low of $146.10 and a 1-year high of $349.00.

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

Alphabet Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 0.2%. The ex-dividend date was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is 7.77%.

Alphabet News Summary

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 Buying and Selling

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction 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 directly owned 1,642,060 shares in the company, valued at $505,573,853.40. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Amie Thuener O'toole sold 617 shares of the company's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the transaction, the chief accounting officer owned 10,093 shares in the company, valued at $2,923,235.59. This trade represents a 5.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,069,794 shares of company stock valued at $104,854,147 over the last quarter. 11.55% of the stock is owned by corporate insiders.

Alphabet 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.

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