Leo Wealth LLC Increases Holdings in Alphabet Inc. $GOOGL

Key Points

• Leo Wealth LLC increased its stake in Alphabet (GOOGL) by 15.3% in Q4 to 27,680 shares, valued at about $8.66 million, while roughly 40.03% of the stock is held by hedge funds and institutional investors.
• Several analysts have turned more positive—Phillip Securities raised its price target to $395 and Citi to the low-$400s—leaving MarketBeat's consensus at a "Moderate Buy" with an average target of $367.62.
• Alphabet beat Q4 estimates (EPS $2.82 vs. $2.57; revenue $113.83B), recently paid a quarterly dividend (annualized $0.84, ~0.2% yield), but insiders including CEO Sundar Pichai have sold shares.

Leo Wealth LLC increased its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 15.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,680 shares of the information services provider's stock after purchasing an additional 3,676 shares during the quarter. Leo Wealth LLC's holdings in Alphabet were worth $8,664,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. MBA Advisors LLC grew its position in shares of Alphabet by 2.4% in the fourth quarter. MBA Advisors LLC now owns 9,262 shares of the information services provider's stock valued at $2,899,000 after purchasing an additional 216 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC grew its position in Alphabet by 14.3% during the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 5,863 shares of the information services provider's stock worth $1,835,000 after buying an additional 733 shares in the last quarter. Impact Investors Inc grew its position in Alphabet by 1.3% during the fourth quarter. Impact Investors Inc now owns 4,246 shares of the information services provider's stock worth $1,329,000 after buying an additional 54 shares in the last quarter. Walkner Condon Financial Advisors LLC grew its position in Alphabet by 10.1% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 22,278 shares of the information services provider's stock worth $6,973,000 after buying an additional 2,042 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. grew its position in Alphabet by 9.6% during the fourth quarter. Runnymede Capital Advisors Inc. now owns 25,670 shares of the information services provider's stock worth $8,035,000 after buying an additional 2,259 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Several brokerages raised ratings and targets for Alphabet, boosting investor confidence (Phillip Securities raised its price target to $395). Phillip Securities Adjusts Price Target on Alphabet to $395
• Positive Sentiment: Citi raised its price target to the low-$400s and put Alphabet on a 90-day catalyst watch, highlighting near-term product/event catalysts ahead of Q1 results. Wall Street sets Google stock price target for the next 12 months
• Positive Sentiment: Stifel Nicolaus published a buy on GOOGL (supporting demand for the shares). Alphabet Class A (GOOGL) Receives a Buy from Stifel Nicolaus
• Positive Sentiment: Analysts and outlets are flagging Alphabet as a top long-term/momentum AI play and noting an impressive history of earnings surprises — supporting expectations for another beat. Will Alphabet (GOOGL) Beat Estimates Again?
• Positive Sentiment: Partnerships and ecosystem wins (e.g., expanded GitLab integration with Google Cloud) underline GCP traction and recurring-revenue opportunities for cloud customers. GitLab Stock Jumps on Google Cloud Boost
• Neutral Sentiment: Market-level commentary notes a broader tech/Nasdaq rebound and that many investors remain underexposed, which can amplify inflows into large-cap AI leaders like Alphabet. The Bull Case Is Strengthening
• Neutral Sentiment: Coverage and price-target moves are concentrated ahead of the April 29 Q1 report, so short-term volatility could increase around that catalyst. Wall Street sets Google stock price target for the next twelve months
• Negative Sentiment: Regulatory risk resurfaced as rival app store Aptoide sued Google, alleging anti-competitive app distribution and billing practices — a fresh antitrust legal overhang. Google sued by rival app store Aptoide
• Negative Sentiment: Competitive threats to ad revenue (notably from Meta) and reports about structural shifts in the ad market could pressure growth long term. Zuckerberg Is Dangerously Close To Cracking Google's Money Machine
• Negative Sentiment: Security/ad-integrity concerns (HUMAN’s report on AI-driven ad fraud/scareware) pose reputational and monetization risks for Google’s content-distribution channels. HUMAN’s Satori Researchers Identify Novel Ad Fraud
• Negative Sentiment: Some reports also note Stifel lowered expectations in an alternate notice, highlighting that not all analyst commentary is uniformly bullish — a reminder of mixed analyst views. Stifel Nicolaus Has Lowered Expectations for Alphabet

Analyst Upgrades and Downgrades

Several research firms recently commented on GOOGL. Wall Street Zen cut Alphabet from a "buy" rating to a "hold" rating in a research report on Sunday. JPMorgan Chase & Co. restated a "buy" rating on shares of Alphabet in a research report on Monday, February 9th. Arete Research boosted their target price on Alphabet from $380.00 to $405.00 and gave the stock a "buy" rating in a research report on Wednesday, February 11th. Citigroup restated a "buy" rating and set a $405.00 target price (up from $390.00) on shares of Alphabet in a research report on Tuesday. Finally, Stifel Nicolaus reduced their target price on Alphabet from $395.00 to $387.00 and set a "buy" rating for the company in a research report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Alphabet presently has an average rating of "Moderate Buy" and an average target price of $367.62.

Alphabet Trading Up 1.3%

NASDAQ GOOGL opened at $337.12 on Thursday. Alphabet Inc. has a 1-year low of $146.10 and a 1-year high of $349.00. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a 50-day moving average of $306.35 and a 200-day moving average of $300.43. The firm has a market cap of $4.08 trillion, a PE ratio of 31.19, a price-to-earnings-growth ratio of 2.05 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its 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. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. As a group, sell-side analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.2%. Alphabet's dividend payout ratio is presently 7.77%.

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the transaction, the chief executive officer owned 2,818,524 shares of the company's stock, valued at $856,605,814.08. This represents a 1.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction that occurred 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 of the company's stock, valued at $1,405,091.71. The trade was a 18.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,068,744 shares of company stock worth $104,505,914 over the last three months. 11.64% of the stock is owned by corporate 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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