Journey Advisory Group LLC Has $25.65 Million Stake in Alphabet Inc. $GOOGL

Journey Advisory Group LLC decreased its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,945 shares of the information services provider's stock after selling 7,523 shares during the period. Alphabet accounts for 2.2% of Journey Advisory Group LLC's portfolio, making the stock its 6th largest position. Journey Advisory Group LLC's holdings in Alphabet were worth $25,649,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. PMV Capital Advisers LLC acquired a new position in shares of Alphabet during the fourth quarter valued at $38,000. Pilgrim Partners Asia Pte Ltd bought a new stake in Alphabet in the 3rd quarter valued at about $53,000. Kentucky Trust Co boosted its stake in Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock valued at $53,000 after purchasing an additional 100 shares during the period. iSAM Funds UK Ltd acquired a new position in Alphabet during the 3rd quarter valued at about $53,000. Finally, Sellwood Investment Partners LLC bought a new position in Alphabet in the 3rd quarter worth about $63,000. 40.03% of the stock is currently owned by institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Anthropic committed to a multiyear purchase deal with Google Cloud reportedly worth about $200 billion over five years — a massive, long‑term revenue catalyst for Google Cloud and an endorsement of Alphabet’s AI infrastructure business. Anthropic commits to spending $200 billion on Google's cloud and chips, The Information reports
• Positive Sentiment: Analysts kept raising targets and reiterating buys after strong Q1 results and cloud growth — notable lifts from firms including Citizens/JMP, New Street, China Renaissance, Daiwa and President Capital — supporting upside expectations. Citizens Jmp price target raise
• Positive Sentiment: Alphabet’s euro bond deal drew strong demand (orders well above the planned issuance), signaling institutional appetite to fund the company’s AI/capex plans without equity dilution. Alphabet taps euro bond market with six-tranche offering
• Positive Sentiment: Competitive moves: reports that Google will sell TPUs directly could expand its AI‑compute addressable market and pressure rivals (notably Nvidia) — a strategic push that investors view as positive for long‑term AI economics. Google Moves to Sell TPUs Directly
• Neutral Sentiment: The U.S. government and multiple AI firms (including Google/DeepMind) agreed to share pre‑release models for national‑security risk reviews — this increases oversight but also legitimizes Google as a trusted provider for sensitive use cases. What we know about US stress tests of Google, xAI and Microsoft AI models
• Neutral Sentiment: Market cap momentum story: coverage noted Alphabet closing the gap with Nvidia as one of the world’s largest companies, which can attract index and momentum flows but also draw headline volatility. Alphabet closes in on Nvidia's spot as world's biggest company
• Negative Sentiment: EU regulatory friction: a senior Google scientist warned EU regulators that proposed data‑sharing rules could expose user data — heightening European regulatory risk to search and AI data practices. Top Google scientist says EU data measures pose privacy risk for users
• Negative Sentiment: Labor and reputational risk: DeepMind/Google AI staff in the UK voted to unionize and workers have demanded recognition over military use of tech — potential operational, PR and execution risk for AI teams. UK Google DeepMind employees vote to unionize
• Negative Sentiment: Some sell‑side/independent calls temper enthusiasm (a downgrade from Freedom Capital and contrarian technical crash calls), which can amplify short‑term volatility despite strong fundamentals. Freedom Capital downgrade / Zacks

Wall Street Analyst Weigh In

Several brokerages have commented on GOOGL. Mizuho raised their price target on shares of Alphabet from $410.00 to $420.00 and gave the company an "outperform" rating in a research note on Friday, April 10th. BMO Capital Markets increased their price objective on Alphabet from $410.00 to $435.00 and gave the stock an "outperform" rating in a report on Thursday, April 30th. CICC Research raised their target price on Alphabet from $388.00 to $407.91 and gave the company an "outperform" rating in a research report on Friday, May 1st. Truist Financial lifted their target price on Alphabet from $385.00 to $415.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Finally, DA Davidson boosted their price target on Alphabet from $300.00 to $310.00 and gave the stock a "neutral" rating in a research report on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Alphabet has a consensus rating of "Moderate Buy" and a consensus target price of $405.94.

Alphabet Stock Up 1.4%

Shares of GOOGL stock opened at $388.46 on Wednesday. Alphabet Inc. has a 1 year low of $147.84 and a 1 year high of $392.82. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The business's fifty day moving average is $315.19 and its 200-day moving average is $309.67. The stock has a market cap of $4.70 trillion, a PE ratio of 29.63, a price-to-earnings-growth ratio of 1.71 and a beta of 1.26.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.64 by $2.47. The firm had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Equities analysts expect that Alphabet Inc. will post 13.58 earnings per share for the current fiscal year.

Alphabet Increases Dividend

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

Insider Buying and Selling at Alphabet

In other news, CAO Amie Thuener O'toole sold 617 shares of Alphabet stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the transaction, the chief accounting officer directly owned 10,093 shares of the company's stock, valued at $2,923,235.59. This trade represents a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the sale, the director owned 3,581 shares of the company's stock, valued at approximately $1,187,638.65. This trade represents a 22.67% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 158,553 shares of company stock worth $47,951,856. 11.61% of the stock is owned by insiders.

About Alphabet

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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