Kingsman Wealth Management Inc. Purchases 5,649 Shares of Alphabet Inc. $GOOGL

Key Points

• Kingsman Wealth Management increased its Alphabet stake by 82.4% in Q4, buying 5,649 shares to hold 12,502 shares worth $3.913 million, making GOOGL 2.1% of its portfolio and its 15th-largest position.
• Insiders have been net sellers — including CAO Amie Thuener O'Toole (955 shares) and Director John L. Hennessy (1,050 shares) — with a total of 2,037,294 shares sold (≈$94.2 million) over the past three months, leaving insiders with 11.64% ownership.
• Alphabet recently beat quarterly EPS and revenue estimates (EPS $2.82; revenue $113.8B), has a ~$4.10 trillion market cap, and enjoys rising analyst optimism (consensus "Moderate Buy," average target ≈$369.67) amid new AI product launches.

Kingsman Wealth Management Inc. increased its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 82.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,502 shares of the information services provider's stock after purchasing an additional 5,649 shares during the quarter. Alphabet makes up 2.1% of Kingsman Wealth Management Inc.'s holdings, making the stock its 15th largest position. Kingsman Wealth Management Inc.'s holdings in Alphabet were worth $3,913,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. PMV Capital Advisers LLC bought a new position in Alphabet in the 4th quarter valued at about $38,000. Kentucky Trust Co raised its holdings in Alphabet by 142.9% in the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock valued at $53,000 after acquiring an additional 100 shares during the period. iSAM Funds UK Ltd bought a new position in Alphabet in the 3rd quarter valued at about $53,000. Pilgrim Partners Asia Pte Ltd bought a new position in Alphabet in the 3rd quarter valued at about $53,000. Finally, Corsicana & Co. bought a new position in Alphabet in the 3rd quarter valued at about $54,000. 40.03% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Amie Thuener O'toole sold 955 shares of Alphabet stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares of the company's stock, valued at $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares in the company, valued at $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,037,294 shares of company stock valued at $94,216,897 over the last three months. 11.64% of the stock is owned by corporate insiders.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $339.32 on Thursday. The company's 50 day simple moving average is $307.93 and its 200 day simple moving average is $303.68. The stock has a market capitalization of $4.10 trillion, a price-to-earnings ratio of 31.39, a price-to-earnings-growth ratio of 2.05 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 $147.84 and a 1 year high of $349.00.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $113.83 billion for 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%. As a group, research analysts predict that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company 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 yield of 0.2%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is 7.77%.

Analyst Upgrades and Downgrades

GOOGL has been the topic of several research analyst reports. Wedbush increased their price target on shares of Alphabet from $360.00 to $370.00 and gave the company an "outperform" rating in a report on Thursday, February 5th. China Renaissance increased their price target on shares of Alphabet from $330.00 to $400.00 and gave the company a "buy" rating in a report on Friday, February 6th. Citigroup reissued a "buy" rating and issued a $405.00 price target (up from $390.00) on shares of Alphabet in a report on Tuesday, April 14th. Tigress Financial set a $415.00 price target on shares of Alphabet and gave the company a "strong-buy" rating in a report on Thursday, February 19th. Finally, Sanford C. Bernstein increased their price target on shares of Alphabet from $305.00 to $335.00 and gave the company a "market perform" rating in a report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Alphabet has a consensus rating of "Moderate Buy" and an average target price of $369.67.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet unveiled two new custom AI chips — a TPU 8t for training and a TPU 8i for inference — positioned to lower cloud AI costs and compete with Nvidia on infrastructure. This supports cloud margin expansion and hardware/service revenue upside. Article Title
• Positive Sentiment: Google launched the Gemini Enterprise Agent Platform to build and deploy agentic AI for businesses — a strategic product aimed at monetizing generative AI across large enterprises and driving Google Cloud adoption. Article Title
• Positive Sentiment: Google Cloud committed a $750 million partner fund to accelerate agentic AI adoption among consulting, SI and software partners — an investment that can speed customer deployments and lift services revenue. Article Title
• Positive Sentiment: Merck announced a multiyear partnership, investing up to $1 billion in Google Cloud to deploy AI across R&D, manufacturing and commercial operations — a material enterprise win that validates Google’s enterprise AI stack. Article Title
• Positive Sentiment: Product integrations expand monetization vectors: major Workspace AI updates (drafting/Sheets automation) and Chrome “auto browse” enterprise features embed Gemini into user workflows, increasing stickiness and upsell potential. Article Title Article Title
• Positive Sentiment: Multiple analyst updates raised targets (BMO to $410; Cantor Fitzgerald and KeyCorp also raised targets), reflecting increased sell-side conviction about Alphabet’s AI/cash-flow upside. That analyst momentum often amplifies positive price reaction. Article Title
• Neutral Sentiment: Ecosystem and security partners (Exabeam, Vodafone, Thinking Machines Lab expansion) showed integrations and vendor deals that ease enterprise adoption but are longer‑term revenue drivers rather than immediate catalysts. Article Title
• Negative Sentiment: Offsetting items: a small insider sell note was reported, which prompted modest near-term selling pressure for some investors. Insider moves can weigh on sentiment even as fundamentals improve. Article Title

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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