Petros Family Wealth LLC Grows Stock Holdings in Alphabet Inc. $GOOGL

Key Points

• Petros Family Wealth LLC boosted its Alphabet (GOOGL) stake by 49.5% in Q4 to 7,980 shares valued at $2.498 million, making the position 1.7% of its portfolio and its 16th-largest holding.
• Insider selling is notable: CEO Sundar Pichai sold 32,500 shares (~$10.0M) and the CAO sold 955 shares, with insiders disposing of 2,101,227 shares (~$114.97M) over the past quarter and holding 11.64% of the stock.
• Analysts remain broadly constructive on Alphabet's AI and cloud monetization prospects, with a MarketBeat consensus of "Moderate Buy" and an average target price of $367.33 while the stock trades at a roughly $3.58 trillion market cap and a P/E of 27.36.

Petros Family Wealth LLC raised its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 49.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,980 shares of the information services provider's stock after acquiring an additional 2,641 shares during the period. Alphabet makes up 1.7% of Petros Family Wealth LLC's investment portfolio, making the stock its 16th biggest holding. Petros Family Wealth LLC's holdings in Alphabet were worth $2,498,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in GOOGL. Lifelong Wealth Advisors Inc. increased its holdings in shares of Alphabet by 1.9% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider's stock valued at $541,000 after purchasing an additional 33 shares during the period. Quantum Financial Advisors LLC lifted its holdings in shares of Alphabet by 0.3% during the fourth quarter. Quantum Financial Advisors LLC now owns 11,799 shares of the information services provider's stock worth $3,693,000 after purchasing an additional 34 shares during the period. Delta Asset Management LLC TN grew its position in Alphabet by 0.6% in the 3rd quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider's stock valued at $1,496,000 after buying an additional 37 shares during the last quarter. Second Line Capital LLC grew its position in Alphabet by 0.8% in the 3rd quarter. Second Line Capital LLC now owns 4,417 shares of the information services provider's stock valued at $1,074,000 after buying an additional 37 shares during the last quarter. Finally, Wolff Wiese Magana LLC increased its stake in Alphabet by 0.5% in the 4th quarter. Wolff Wiese Magana LLC now owns 7,615 shares of the information services provider's stock valued at $2,384,000 after buying an additional 37 shares during the period. 40.03% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares of the company's stock, valued at $2,955,564. This trade represents a 8.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the transaction, the chief executive officer directly owned 1,642,060 shares of the company's stock, valued at approximately $505,573,853.40. This represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,101,227 shares of company stock worth $114,969,050. 11.64% of the stock is owned by insiders.

Alphabet Stock Down 0.5%

Shares of NASDAQ GOOGL opened at $295.77 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The firm has a 50-day moving average price of $309.93 and a 200 day moving average price of $295.97. The stock has a market capitalization of $3.58 trillion, a price-to-earnings ratio of 27.36, a price-to-earnings-growth ratio of 1.82 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $111.24 billion. Equities research analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet's payout ratio is 7.77%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts remain constructive: several outlets note continued Buy/Outperform ratings on Alphabet driven by cloud monetization and AI opportunity — Wells Fargo kept an overweight stance (while trimming targets), signaling upside remains despite lower PTs. Ahead of Meta, Alphabet earnings, Wells Fargo keeps overweight, cuts PTs
• Positive Sentiment: Market/analyst commentary highlights Alphabet’s AI upside — an Outperform rating specifically cites AI growth potential as a driver for long‑term revenue and cloud monetization. Alphabet (GOOGL) Rated Outperform on AI Growth Potential
• Positive Sentiment: Product & tech advances: coverage of Google’s Gemma 4 and reporting on the TurboQuant breakthrough reinforce Alphabet’s lead in model and efficiency advances — positive for future monetization and competitive moat. Google's Gemma 4 brings AI superpowers to your device Google's TurboQuant Breakthrough Just Rewrote the AI Playbook
• Neutral Sentiment: Talent movement: Broadcom named Alphabet executive Amie Thuener as its next CFO — a notable departure but not an earnings item; monitor succession and any operational impact. Broadcom taps Alphabet executive Amie Thuener as next CFO
• Negative Sentiment: Near‑term cash‑flow risk: Semianalysis’ CEO warned AI capex could push Google’s free cash flow toward zero next year, feeding investor worries about heavy, multi‑year spending before full monetization. Semianalysis CEO: Google's free cash flow will hit zero next year from AI capex
• Negative Sentiment: Regulatory/reputational pressure: EU hospitality groups and child‑development experts are urging scrutiny of Google’s search rankings and AI video recommendations, raising potential regulatory and compliance risks in Europe and for YouTube. EU hospitality groups raise concerns over Google search rankings Experts urged Google to prohibit AI Videos targeting young YouTube users
• Negative Sentiment: Insider selling: An SEC filing shows a senior executive sold ~9k shares in late March — a modest but visible reduction in insider ownership that can prompt short‑term concern. John Kent Walker insider sale disclosure

Analyst Ratings Changes

Several analysts have recently commented on the stock. UBS Group set a $348.00 target price on shares of Alphabet and gave the stock a "neutral" rating in a research note on Thursday, February 5th. Argus boosted their price target on shares of Alphabet from $365.00 to $385.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Truist Financial set a $385.00 price target on shares of Alphabet in a report on Thursday, February 5th. Bank of America raised their price objective on shares of Alphabet from $335.00 to $370.00 and gave the company a "buy" rating in a research report on Tuesday, January 13th. Finally, Moffett Nathanson boosted their target price on Alphabet from $305.00 to $350.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $367.33.

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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