Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Takes $10.61 Million Position in Alphabet Inc. $GOOGL

Key Points

• Mivtachim The Workers Social Insurance Fund bought a new stake in Alphabet in the fourth quarter, acquiring 33,900 shares valued at about $10.61 million. The position now makes Alphabet its 17th largest holding and about 1.5% of its portfolio.
• Alphabet beat earnings expectations in its latest quarterly report, posting EPS of $5.11 versus analysts’ $2.64 estimate and revenue of $109.9 billion versus $106.98 billion expected. The company also said it will pay a higher quarterly dividend of $0.22 per share, up from $0.21.
• Analysts remain broadly positive on GOOGL, with several firms raising price targets and the stock carrying an average rating of “Moderate Buy” and an average target of $407.86. Meanwhile, recent insider selling included shares sold by CEO Sundar Pichai and Director John L. Hennessy.

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 33,900 shares of the information services provider's stock, valued at approximately $10,611,000. Alphabet comprises approximately 1.5% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management's investment portfolio, making the stock its 17th biggest holding.

Other institutional investors also recently made changes to their positions in the company. PMV Capital Advisers LLC bought a new position in shares of Alphabet during the fourth quarter valued at approximately $38,000. Kentucky Trust Co grew its position in shares of Alphabet by 142.9% during the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after acquiring an additional 100 shares during the last quarter. iSAM Funds UK Ltd bought a new position in shares of Alphabet during the third quarter worth about $53,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet during the third quarter worth about $53,000. Finally, Nvest Wealth Strategies Inc. bought a new position in shares of Alphabet during the fourth quarter worth about $69,000. 40.03% of the stock is owned by institutional investors.

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the transaction, the director directly 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total transaction of $9,859,850.00. Following the transaction, the chief executive officer owned 1,674,560 shares of the company's stock, valued at approximately $508,028,012.80. This trade represents a 1.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 158,553 shares of company stock valued at $47,951,856. Company insiders own 11.61% of the company's stock.

Alphabet Stock Performance

Shares of GOOGL opened at $387.35 on Wednesday. The firm has a 50-day moving average price of $323.56 and a 200 day moving average price of $314.66. The firm has a market capitalization of $4.69 trillion, a PE ratio of 29.55, a P/E/G ratio of 1.59 and a beta of 1.26. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 52-week low of $156.16 and a 52-week high of $402.00.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. On average, sell-side analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

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

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is rolling out Gemini-powered Android features that let AI understand screen context and complete multi-step tasks, strengthening its AI platform and expanding practical use cases across its ecosystem.
• Positive Sentiment: Google is bringing “agentic” AI, Gemini in Chrome, and new AI-native “Googlebooks” laptops to market, signaling a broader product cycle that could support future revenue growth and keep Alphabet competitive with Apple and other tech giants.
• Positive Sentiment: Alphabet’s partnership with Affirm and Klarna to embed pay-over-time options into Gemini and Google Search could boost commerce activity, improve conversion rates, and make Google Pay more valuable to consumers and merchants.
• Positive Sentiment: Google-backed Isomorphic Labs raised $2.1 billion to scale AI-driven drug discovery, underscoring investor enthusiasm for Alphabet’s broader AI ecosystem and the value of its venture investments.
• Positive Sentiment: Reports that Alphabet is exploring first-ever yen bond financing to fund AI infrastructure suggest the company is willing to invest aggressively in compute capacity, which investors may view as necessary to defend and extend its AI lead.
• Neutral Sentiment: Commentary around Alphabet nearing Nvidia in market value and being at the center of the AI boom highlights strong momentum, but these are more market narratives than immediate fundamental catalysts.
• Negative Sentiment: Alphabet’s heavier AI spending and new debt issuance may pressure near-term margins and raise concerns that the company is trading balance-sheet strength for a more capital-intensive growth strategy.
• Negative Sentiment: Waymo’s robotaxi recall over a self-driving software issue is a reminder that Alphabet’s broader “Other Bets” businesses still carry operational and regulatory execution risks.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on GOOGL shares. Jefferies Financial Group restated a "buy" rating on shares of Alphabet in a research report on Monday, May 4th. The Goldman Sachs Group upped their price target on shares of Alphabet from $400.00 to $450.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. HSBC upped their price target on shares of Alphabet from $385.00 to $435.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Wall Street Zen raised Alphabet from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Finally, 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. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $407.86.

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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