Nabity Jensen Investment Management Inc Decreases Stake in Alphabet Inc. $GOOGL

Key Points

• Nabity Jensen Investment Management cut its Alphabet stake by 27.7% in Q4, selling 2,402 shares and retaining 6,279 shares valued at about $1.965 million (roughly 1.3% of the firm's holdings).
• Insiders have been significant net sellers recently: John Kent Walker sold 47,574 shares for about $14.34 million, and insiders disposed of 191,986 shares worth roughly $59.16 million in the past 90 days, though corporate insiders still own 11.64% of the company.
• Alphabet reported a strong quarter—EPS $5.11 vs $2.64 expected and $109.9B revenue, with Google Cloud up ~63% to >$20B—prompting analyst price-target increases, and the company raised its quarterly dividend to $0.22.

Nabity Jensen Investment Management Inc lowered its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 27.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,279 shares of the information services provider's stock after selling 2,402 shares during the quarter. Alphabet makes up about 1.3% of Nabity Jensen Investment Management Inc's holdings, making the stock its 19th biggest holding. Nabity Jensen Investment Management Inc's holdings in Alphabet were worth $1,965,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in GOOGL. Berkshire Hathaway Inc purchased a new position in Alphabet in the third quarter worth approximately $4,338,397,000. Capital World Investors lifted its stake in Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock worth $12,910,542,000 after acquiring an additional 11,605,785 shares during the last quarter. Capital Research Global Investors lifted its stake in Alphabet by 15.7% in the third quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock worth $12,333,076,000 after acquiring an additional 6,874,381 shares during the last quarter. Mizuho Markets Cayman LP lifted its stake in Alphabet by 23,402.1% in the third quarter. Mizuho Markets Cayman LP now owns 6,118,547 shares of the information services provider's stock worth $1,487,419,000 after acquiring an additional 6,092,513 shares during the last quarter. Finally, Coatue Management LLC lifted its stake in Alphabet by 259.1% in the third quarter. Coatue Management LLC now owns 7,221,115 shares of the information services provider's stock worth $1,755,453,000 after acquiring an additional 5,210,434 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Insider Activity

In other news, insider John Kent Walker sold 47,574 shares of the firm's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director owned 4,631 shares in the company, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 191,986 shares of company stock valued at $59,159,207. Corporate insiders own 11.64% of the company's stock.

Alphabet Stock Performance

Shares of GOOGL opened at $385.69 on Friday. The company has a current ratio of 1.92, a quick ratio of 2.01 and a debt-to-equity ratio of 0.16. The firm has a market cap of $4.67 trillion, a PE ratio of 29.42, a price-to-earnings-growth ratio of 2.37 and a beta of 1.26. The company's 50 day simple moving average is $313.72 and its 200-day simple moving average is $308.26. Alphabet Inc. has a 12-month low of $147.84 and a 12-month high of $386.76.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.64 by $2.47. The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. As a group, equities analysts predict that Alphabet Inc. will post 12.94 EPS for the current year.

Alphabet Increases Dividend

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

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings & Google Cloud surge — Alphabet beat on EPS and revenue; Google Cloud grew ~63% to >$20B and backlog jumped near $460B, underpinning earnings momentum and revenue visibility. Alphabet’s Earnings Didn’t Just Beat—They Changed the Story
• Positive Sentiment: Wall Street re-rating — Dozens of brokers raised price targets and reiterated buy/outperform views (Goldman, JPMorgan, Citi, Canaccord, etc.), lifting upside expectations and supporting momentum. JPMorgan price target note
• Positive Sentiment: Product & monetization catalysts — Gemini rollout into millions of vehicles and comments about ads in AI-driven Search/Gemini expand potential ad & cloud monetization paths. Google's Gemini hits cars
• Positive Sentiment: Commercial & government demand — The Pentagon signed agreements with leading AI vendors (including Google) to deploy AI tools on classified networks, validating enterprise/government demand for secure AI infrastructure. Pentagon AI agreements
• Positive Sentiment: Market narrative uplift — Coverage arguing Alphabet could challenge Nvidia for top market-cap status and that Google is “winning” the AI cycle is driving momentum flows and investor positioning. Barron's: The First $6 Trillion Company May Not Be Nvidia
• Neutral Sentiment: CapEx trajectory — Management signaled materially higher CapEx into 2027 to support AI/data centers; that supports future growth but raises near-term investment intensity and cash needs. Seeking Alpha: CapEx concerns
• Negative Sentiment: Regulatory/legal risk — European scrutiny is rising: Italy asked the EU to investigate Google’s AI search features and Swiss regulators opened probes related to keyword bidding; these could lead to fines, remedies or product constraints. Italy asks EU to investigate Google AI search Switzerland probe

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Evercore lifted their price target on shares of Alphabet from $400.00 to $420.00 and gave the stock an "outperform" rating in a research note on Thursday. Royal Bank Of Canada set a $425.00 price target on shares of Alphabet and gave the stock an "outperform" rating in a research note on Thursday. Guggenheim reiterated a "buy" rating and issued a $450.00 price target (up from $375.00) on shares of Alphabet in a research note on Thursday. BNP Paribas Exane lifted their price target on shares of Alphabet from $390.00 to $420.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, The Goldman Sachs Group raised their price objective on shares of Alphabet from $400.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Alphabet has a consensus rating of "Moderate Buy" and an average target price of $397.48.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.