Octavia Wealth Advisors LLC Sells 10,161 Shares of Alphabet Inc. $GOOGL

Key Points

• Octavia Wealth Advisors LLC cut its Alphabet stake by 8.9%, selling 10,161 shares and ending the quarter with 104,586 shares worth about $32.74 million, making GOOGL 3.1% of the firm's portfolio and its eighth‑largest holding.
• Major institutions have been increasing exposure—Berkshire Hathaway opened a new ≈$4.34 billion position and firms like Capital World Investors, Capital Research, Mizuho and Coatue added millions of shares, leaving institutional ownership around 40.03%.
• Corporate insiders have been net sellers recently, offloading a total of 2,037,294 shares worth roughly $94.22 million in the last 90 days, though insiders still own about 11.55% of the company.

Octavia Wealth Advisors LLC cut its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,586 shares of the information services provider's stock after selling 10,161 shares during the period. Alphabet accounts for 3.1% of Octavia Wealth Advisors LLC's portfolio, making the stock its 8th largest holding. Octavia Wealth Advisors LLC's holdings in Alphabet were worth $32,735,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Berkshire Hathaway Inc acquired a new position in Alphabet in the 3rd quarter valued at about $4,338,397,000. Capital World Investors grew its stake in 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 buying an additional 11,605,785 shares during the last quarter. Capital Research Global Investors grew its stake in 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 buying an additional 6,874,381 shares during the last quarter. Mizuho Markets Cayman LP grew its stake in Alphabet by 23,402.1% in the 3rd quarter. Mizuho Markets Cayman LP now owns 6,118,547 shares of the information services provider's stock valued at $1,487,419,000 after buying an additional 6,092,513 shares during the last quarter. Finally, Coatue Management LLC grew its stake in Alphabet by 259.1% in the 3rd quarter. Coatue Management LLC now owns 7,221,115 shares of the information services provider's stock valued at $1,755,453,000 after buying an additional 5,210,434 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Pentagon access expands — the U.S. Department of Defense has added Google’s Gemini models to secure/ classified use, opening a new avenue for recurring, high‑margin cloud and AI revenue that could materially benefit Google Cloud’s growth profile. Pentagon AI chief confirms DOD's expanded use of Google
• Positive Sentiment: Standards push for agentic commerce — Google and Mastercard contributed agentic‑AI commerce/authentication standards to the FIDO Alliance, which could accelerate secure commercial use of agentic features and broaden revenue paths for Google’s AI platform. Google and Mastercard Contribute Agentic Commerce Standards to FIDO Alliance
• Positive Sentiment: AI hardware progress supports ecosystem — market commentary tying Google’s custom AI chip roadmap to Broadcom’s strength highlights Google’s vertical stack (chips + cloud + models), which supports durable competitive positioning in AI infrastructure. Broadcom Hits $2 Trillion Market Cap as Google Reveals New AI Chips
• Neutral Sentiment: Earnings and ad metrics in focus — multiple previews stress that Search ad strength and Cloud demand will determine the Q1 print; investors are braced for guidance on AI spending and ad trends rather than a surprise in model‑driven revenue acceleration. META, GOOGL Earnings: Advertising Results Remain Key
• Neutral Sentiment: Analyst support vs. stretched valuation — some firms reaffirm buy ratings into earnings, but comments note valuation is elevated and investors want proof that AI capex converts into higher returns. MarketScreener: Deutsche Bank Keeps Buy
• Negative Sentiment: Employee and reputational backlash — internal protests and public criticism followed the Pentagon deal, creating potential talent, PR and culture risks that could complicate execution and invite scrutiny. A Google researcher says they're 'ashamed' after the company signed a Pentagon deal
• Negative Sentiment: Regulatory and geopolitical headwinds — EU guidance to target cloud/AI under Big Tech rules and proposals like Australia’s news levy add policy risk that could pressure margins or local revenues over time. EU rules reining in Big Tech will now target cloud services and AI

Insider Activity at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the sale, the director owned 3,581 shares of the company's stock, valued at approximately $1,187,638.65. This represents a 22.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider John Kent Walker sold 8,993 shares of the company's stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the sale, the insider directly owned 51,808 shares of the company's stock, valued at approximately $14,293,309.12. This trade represents a 14.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,037,294 shares of company stock worth $94,216,897 in the last 90 days. Corporate insiders own 11.55% of the company's stock.

Alphabet Stock Performance

Shares of Alphabet stock opened at $349.77 on Wednesday. The company has a 50 day moving average of $311.15 and a 200-day moving average of $306.97. Alphabet Inc. has a 1-year low of $147.84 and a 1-year high of $353.18. 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 company has a market cap of $4.23 trillion, a PE ratio of 32.36, a price-to-earnings-growth ratio of 2.17 and a beta of 1.12.

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on GOOGL shares. Dbs Bank boosted their price objective on shares of Alphabet from $360.00 to $400.00 and gave the company a "buy" rating in a report on Friday, April 17th. Evercore reissued an "outperform" rating and issued a $400.00 price objective (up from $325.00) on shares of Alphabet in a report on Thursday, February 5th. BMO Capital Markets boosted their price objective on shares of Alphabet from $400.00 to $410.00 and gave the company an "outperform" rating in a report on Wednesday, April 22nd. Moffett Nathanson boosted their price objective on shares of Alphabet from $305.00 to $350.00 and gave the company a "buy" rating in a report on Thursday, February 5th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $375.00 price objective (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $369.67.

Alphabet 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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