James Hambro & Partners LLP Trims Stock Holdings in Alphabet Inc. $GOOGL

Key Points

• James Hambro & Partners LLP trimmed its Alphabet stake by 8.4% in Q4, selling 3,359 shares and leaving 36,747 shares worth about $11.50 million, equal to 0.4% of the firm's portfolio and its 24th largest holding.
• Significant insider selling occurred recently — John Kent Walker sold 47,574 shares (~$14.34M) and insiders have sold 2,101,844 shares valued at roughly $115.15M in the past 90 days, though insiders still own 11.64% of the company.
• Positive operational catalysts include a multi‑year Broadcom deal to develop and supply custom AI chips through 2031 (reducing hardware risk for Google Cloud/AI); Alphabet also beat quarterly EPS and revenue estimates and announced a $0.21 quarterly dividend.

James Hambro & Partners LLP trimmed its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,747 shares of the information services provider's stock after selling 3,359 shares during the period. Alphabet accounts for 0.4% of James Hambro & Partners LLP's portfolio, making the stock its 24th biggest position. James Hambro & Partners LLP's holdings in Alphabet were worth $11,501,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GOOGL. Lifelong Wealth Advisors Inc. grew its stake in shares of Alphabet by 1.9% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider's stock worth $541,000 after acquiring an additional 33 shares during the last quarter. Quantum Financial Advisors LLC grew its stake in shares of Alphabet by 0.3% in the fourth quarter. Quantum Financial Advisors LLC now owns 11,799 shares of the information services provider's stock worth $3,693,000 after acquiring an additional 34 shares during the last quarter. Delta Asset Management LLC TN grew its stake in shares of Alphabet by 0.6% in the third quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider's stock worth $1,496,000 after acquiring an additional 37 shares during the last quarter. Second Line Capital LLC grew its stake in shares of Alphabet by 0.8% in the third quarter. Second Line Capital LLC now owns 4,417 shares of the information services provider's stock worth $1,074,000 after acquiring an additional 37 shares during the last quarter. Finally, Wolff Wiese Magana LLC grew its stake in shares of Alphabet by 0.5% in the fourth quarter. Wolff Wiese Magana LLC now owns 7,615 shares of the information services provider's stock worth $2,384,000 after acquiring an additional 37 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider owned 13,227 shares of the company's stock, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,101,844 shares of company stock valued at $115,147,751. Company insiders own 11.64% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term Broadcom deal to build and supply custom AI chips through 2031 secures a multi-year supply path for Google's next‑generation AI racks, lowering hardware risk for Google Cloud/AI scaling and supporting product rollout plans. Broadcom signs long-term deal to develop Google's custom AI chips
• Positive Sentiment: A Wall Street analyst reaffirmed a constructive outlook on Alphabet, helping investor sentiment despite unit‑level challenges (notably in autonomous driving), which supports near‑term buying interest. Wall Street analyst updates Google stock price target
• Positive Sentiment: Alphabet stands to realize a sizeable paper gain from its early SpaceX stake if the IPO proceeds at reported valuations, an upside that can underpin long‑term investor thesis. 2 Stocks About To Make a Killing on the SpaceX IPO
• Neutral Sentiment: Broadcom's expanded arrangement also includes providing computing capacity to Anthropic using Google's AI processors — this could generate cloud‑revenue or cost recovery opportunities but also helps a competing AI vendor scale. Broadcom agrees to expanded chip deals with Google, Anthropic
• Neutral Sentiment: Intel's push into advanced chip packaging and talks with cloud providers could reshape the supply chain and introduce new competition/partners for AI infrastructure; this is a sector development to monitor. Intel Targets Amazon, Google on AI Chip Packaging
• Neutral Sentiment: Analyst/opinion pieces highlighting Alphabet's ~27x P/E and earnings outlook provide supportive narrative for value‑oriented investors but are commentary rather than new fundamentals. Alphabet: Why Strong Money Likes It At 27x P/E
• Negative Sentiment: Wells Fargo trimmed its price target on Alphabet, signaling some analyst caution that can weigh on sentiment even if the new target remains above current levels. Wells Fargo & Company Cuts Alphabet Price Target
• Negative Sentiment: Insider selling by Alphabet's CAO was reported, a small but negative signal investors watch for timing and magnitude. Insider Selling: Alphabet CAO Sells Stock
• Negative Sentiment: Shareholder pressure and community opposition over water and power use have already led to abandoned data‑center projects; environmental and permitting risks could raise costs or delay capacity expansion. Investors press Amazon, Microsoft and Google on water, power use

Alphabet Trading Up 1.4%

Shares of NASDAQ:GOOGL opened at $299.99 on Tuesday. The company has a market cap of $3.63 trillion, a P/E ratio of 27.75, a PEG ratio of 1.81 and a beta of 1.12. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The stock's fifty day moving average price is $308.62 and its 200-day moving average price is $297.26.

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 (EPS) for the quarter, beating analysts' consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Sell-side analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a dividend of $0.21 per share. 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 dividend payout ratio is presently 7.77%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. KeyCorp set a $370.00 target price on Alphabet and gave the stock an "overweight" rating in a research note on Thursday, February 5th. Needham & Company LLC reissued a "buy" rating and issued a $400.00 target price on shares of Alphabet in a research note on Friday, March 27th. Sanford C. Bernstein increased their target price on Alphabet from $305.00 to $335.00 and gave the stock a "market perform" rating in a research note on Monday, February 2nd. Mizuho increased their target price on Alphabet from $400.00 to $410.00 and gave the stock an "outperform" rating in a research note on Thursday, February 5th. Finally, UBS Group set a $348.00 target price on Alphabet and gave the stock a "neutral" rating in a research note on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $367.33.

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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