KMG Fiduciary Partners LLC Sells 10,627 Shares of Alphabet Inc. $GOOGL

Key Points

• KMG Fiduciary Partners trimmed its stake in Alphabet by 5.4%, selling 10,627 shares and now holds 185,673 shares worth about $58.1M, making Alphabet its fourth-largest holding (~4.1% of the portfolio).
• Analysts remain broadly constructive on Alphabet, citing AI and cloud monetization plus product advances (Gemma 4, TurboQuant); the average price target sits at $367.33 with most ratings at Buy/Strong Buy.
• Offsetting risks include warnings that heavy AI capex could push free cash flow toward zero, rising EU regulatory scrutiny over search/YouTube, and visible insider selling (roughly 2.1M shares sold last quarter), which may weigh on near‑term sentiment.

KMG Fiduciary Partners LLC trimmed its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 185,673 shares of the information services provider's stock after selling 10,627 shares during the period. Alphabet makes up about 4.1% of KMG Fiduciary Partners LLC's portfolio, making the stock its 4th largest holding. KMG Fiduciary Partners LLC's holdings in Alphabet were worth $58,116,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock worth $20,886,000 after acquiring an additional 4,110 shares during the period. Revolve Wealth Partners LLC raised its position in Alphabet by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock worth $2,826,000 after acquiring an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY lifted its holdings in Alphabet by 17.6% in the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider's stock valued at $685,000 after acquiring an additional 581 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Alphabet by 11.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider's stock valued at $85,557,000 after purchasing an additional 48,805 shares in the last quarter. Finally, United Bank boosted its position in shares of Alphabet by 6.9% during the 2nd quarter. United Bank now owns 48,204 shares of the information services provider's stock valued at $8,495,000 after purchasing an additional 3,120 shares in the last quarter. 40.03% of the stock is owned by institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts remain constructive: several outlets note continued Buy/Outperform ratings on Alphabet driven by cloud monetization and AI opportunity — Wells Fargo kept an overweight stance (while trimming targets), signaling upside remains despite lower PTs. Ahead of Meta, Alphabet earnings, Wells Fargo keeps overweight, cuts PTs
• Positive Sentiment: Market/analyst commentary highlights Alphabet’s AI upside — an Outperform rating specifically cites AI growth potential as a driver for long‑term revenue and cloud monetization. Alphabet (GOOGL) Rated Outperform on AI Growth Potential
• Positive Sentiment: Product & tech advances: coverage of Google’s Gemma 4 and reporting on the TurboQuant breakthrough reinforce Alphabet’s lead in model and efficiency advances — positive for future monetization and competitive moat. Google's Gemma 4 brings AI superpowers to your device Google's TurboQuant Breakthrough Just Rewrote the AI Playbook
• Neutral Sentiment: Talent movement: Broadcom named Alphabet executive Amie Thuener as its next CFO — a notable departure but not an earnings item; monitor succession and any operational impact. Broadcom taps Alphabet executive Amie Thuener as next CFO
• Negative Sentiment: Near‑term cash‑flow risk: Semianalysis’ CEO warned AI capex could push Google’s free cash flow toward zero next year, feeding investor worries about heavy, multi‑year spending before full monetization. Semianalysis CEO: Google's free cash flow will hit zero next year from AI capex
• Negative Sentiment: Regulatory/reputational pressure: EU hospitality groups and child‑development experts are urging scrutiny of Google’s search rankings and AI video recommendations, raising potential regulatory and compliance risks in Europe and for YouTube. EU hospitality groups raise concerns over Google search rankings Experts urged Google to prohibit AI Videos targeting young YouTube users
• Negative Sentiment: Insider selling: An SEC filing shows a senior executive sold ~9k shares in late March — a modest but visible reduction in insider ownership that can prompt short‑term concern. John Kent Walker insider sale disclosure

Alphabet Stock Down 0.5%

GOOGL stock opened at $295.77 on Friday. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company's 50 day simple moving average is $309.93 and its 200-day simple moving average is $295.97. 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 capitalization of $3.58 trillion, a P/E ratio of 27.36, a P/E/G ratio of 1.82 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts' consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently commented on GOOGL shares. Moffett Nathanson boosted their target price on shares of Alphabet from $305.00 to $350.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Citizens Jmp restated a "market outperform" rating and set a $385.00 target price on shares of Alphabet in a report on Thursday, February 5th. Wolfe Research lifted their price target on shares of Alphabet from $380.00 to $390.00 and gave the stock an "outperform" rating in a research report on Friday, January 23rd. Mizuho increased their price objective on Alphabet from $400.00 to $410.00 and gave the company an "outperform" rating in a research report on Thursday, February 5th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $370.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $367.33.

Insiders Place Their Bets

In other news, CAO Amie Thuener O'toole sold 955 shares of Alphabet stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director directly owned 4,631 shares in the company, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,101,227 shares of company stock valued at $114,969,050 over the last quarter. 11.64% of the stock is owned by insiders.

Alphabet Company 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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