NavPoint Financial Inc. Buys 1,600 Shares of Alphabet Inc. $GOOGL

Key Points

• NavPoint Financial Inc. increased its stake in Alphabet by 190.7% in Q4, buying an additional 1,600 shares to hold 2,439 shares valued at about $763,000 at quarter end.
• Several large institutions (State Street, Capital World, Capital Research, Invesco, Legal & General) also boosted holdings and multiple brokers raised price targets (e.g., Phillip to $395, Citi to the low‑$400s), supporting bullish momentum ahead of Alphabet's Q1 report.
• Offsetting risks include a new antitrust suit from rival app store Aptoide, competitive pressure on advertising, ad‑fraud/security concerns, and recent insider selling (CEO Sundar Pichai sold 32,500 shares), which could increase near‑term volatility.

NavPoint Financial Inc. grew its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 190.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,439 shares of the information services provider's stock after acquiring an additional 1,600 shares during the period. NavPoint Financial Inc.'s holdings in Alphabet were worth $763,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. State Street Corp grew its holdings in shares of Alphabet by 1.8% in the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider's stock valued at $40,524,841,000 after acquiring an additional 4,008,374 shares in the last quarter. Capital World Investors grew its holdings in shares of Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock valued at $12,910,542,000 after acquiring an additional 11,605,785 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of Alphabet by 15.7% in the 3rd quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock valued at $12,333,076,000 after acquiring an additional 6,874,381 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Alphabet by 2.3% in the 3rd quarter. Invesco Ltd. now owns 45,186,112 shares of the information services provider's stock valued at $10,984,744,000 after acquiring an additional 1,034,292 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Alphabet by 1.0% in the 3rd quarter. Legal & General Group Plc now owns 39,250,829 shares of the information services provider's stock valued at $9,541,877,000 after acquiring an additional 392,547 shares in the last quarter. Institutional investors own 40.03% of the company's stock.

Alphabet News Summary

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

Alphabet Trading Up 1.3%

Alphabet stock opened at $337.12 on Thursday. Alphabet Inc. has a 52 week low of $146.10 and a 52 week high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market capitalization of $4.08 trillion, a P/E ratio of 31.19, a PEG ratio of 2.05 and a beta of 1.12. The stock has a 50-day simple moving average of $306.35 and a 200 day simple moving average of $300.43.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently disclosed 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 was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.2%. Alphabet's dividend payout ratio (DPR) is 7.77%.

Analyst Ratings Changes

GOOGL has been the subject of several analyst reports. Truist Financial set a $385.00 price objective on Alphabet in a report on Thursday, February 5th. Phillip Securities raised their price objective on Alphabet from $340.00 to $395.00 in a report on Wednesday. BMO Capital Markets reiterated an "outperform" rating and set a $400.00 price target on shares of Alphabet in a report on Thursday, February 5th. Sanford C. Bernstein lifted their price target on Alphabet from $305.00 to $335.00 and gave the stock a "market perform" rating in a report on Monday, February 2nd. Finally, Daiwa Securities Group lifted their price target on Alphabet from $333.00 to $380.00 and gave the stock a "buy" rating in a report on Tuesday, February 10th. Three research 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's stock. According to MarketBeat.com, Alphabet presently has a consensus rating of "Moderate Buy" and a consensus target price of $367.62.

Insider Activity

In other Alphabet news, Director Frances Arnold sold 112 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares in the company, valued at $5,580,469.82. This trade represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the sale, the chief executive officer owned 1,642,060 shares of the company's stock, valued at $505,573,853.40. This trade represents a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,068,744 shares of company stock valued at $104,505,914. Company insiders own 11.64% of the company's stock.

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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