Oak Ridge Investments LLC Buys 8,125 Shares of Alphabet Inc. $GOOGL

Key Points

• Oak Ridge Investments increased its stake in Alphabet by 11.4%, buying 8,125 shares to own 79,096 shares worth about $24.76 million, making GOOGL ~1.5% of its portfolio and its 11th-largest holding.
• Alphabet beat Q1 estimates with EPS of $2.82 (vs. $2.57 est.) and revenue of $113.83 billion, and analysts maintain a consensus "Moderate Buy" rating with an average price target of $369.67.
• Insider and institutional activity: insiders sold roughly 2.04 million shares (~$94.2M) over the past 90 days (including CEO Sundar Pichai), while institutional investors own about 40.03% of the stock and insiders hold 11.55%.

Oak Ridge Investments LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 11.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 79,096 shares of the information services provider's stock after acquiring an additional 8,125 shares during the quarter. Alphabet makes up approximately 1.5% of Oak Ridge Investments LLC's holdings, making the stock its 11th biggest holding. Oak Ridge Investments LLC's holdings in Alphabet were worth $24,757,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. PMV Capital Advisers LLC bought a new stake in Alphabet during the 4th quarter valued at $38,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet during the 3rd quarter worth $53,000. Kentucky Trust Co increased its stake 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 valued at $53,000 after buying an additional 100 shares during the period. iSAM Funds UK Ltd purchased a new position in shares of Alphabet during the third quarter valued at $53,000. Finally, Sellwood Investment Partners LLC bought a new stake in shares of Alphabet in the third quarter valued at about $63,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Alphabet Stock Performance

GOOGL stock opened at $350.34 on Tuesday. Alphabet Inc. has a one year low of $147.84 and a one year high of $353.18. The firm has a market cap of $4.24 trillion, a price-to-earnings ratio of 32.41, a PEG ratio of 2.13 and a beta of 1.12. 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 firm has a 50-day simple moving average of $310.19 and a two-hundred day simple moving average of $306.18.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. On average, equities analysts forecast that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of a number of research reports. Phillip Securities upped their price objective on shares of Alphabet from $340.00 to $395.00 and gave the stock a "moderate buy" rating in a research note on Wednesday, April 15th. Needham & Company LLC reissued a "buy" rating and set a $400.00 target price on shares of Alphabet in a research report on Friday. The Goldman Sachs Group restated a "buy" rating and issued a $375.00 price target (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Cantor Fitzgerald increased their price objective on shares of Alphabet from $370.00 to $395.00 and gave the company an "overweight" rating in a research note on Monday, April 20th. Finally, Stifel Nicolaus cut their price objective on shares of Alphabet from $395.00 to $387.00 and set a "buy" rating on the stock in a report on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $369.67.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market attention is squarely on Alphabet’s earnings and Gemini/AI spending updates, which investors expect could drive revenue and engagement. Alphabet earnings on tap with Gemini, AI spending updates in focus with stock near record high
• Positive Sentiment: The U.S. Department of Defense added Google’s Gemini for Government models to its secure GenAI.mil platform — a commercial win that supports enterprise/government adoption and recurring revenue potential. What's Behind The Boost In Alphabet Stock Today?
• Positive Sentiment: South Korea and Google agreed to build an AI campus in Seoul — a strategic move to expand R&D, talent and local partnerships that supports long-term AI product development. Google to build AI campus in South Korea, presidential office says
• Positive Sentiment: Prominent bullish commentary (e.g., Jim Cramer) highlights Alphabet’s diversified AI-driven revenue “mosaic,” supporting investor sentiment and flows into the stock. Jim Cramer Says “Alphabet Has a Mosaic Like None Other”
• Neutral Sentiment: Analyst notes and market pieces flag that strong post-earnings moves are possible (heightened volatility around the report); options activity is mixed versus peers. Here's How Much Google Parent Alphabet Stock Is Expected to Move After Earnings
• Negative Sentiment: The EU is pressing Google to open Android to AI rivals and regulators gave pointers to improve rivals’ access to Google services — potential regulatory changes that could hurt margins or product control. EU tells Google to open Android to AI rivals
• Negative Sentiment: Investors are pushing for more climate transparency tied to AI data center energy use (shareholder proposal from Trillium) — this could increase disclosure and potentially capex/operational scrutiny as AI workloads scale. Alphabet Investors Press For AI Data Center Climate Transparency

Insiders Place Their Bets

In other news, CAO Amie Thuener O'toole sold 955 shares of the 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 completion of the sale, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. This represents a 8.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total value of $10,893,350.00. Following the completion of the sale, the chief executive officer directly owned 2,179,372 shares of the company's stock, valued at $730,481,906.96. The trade was a 1.47% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,037,294 shares of company stock valued at $94,216,897. 11.55% of the stock is currently owned by company 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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