PFG Advisors Has $8.82 Million Position in Alphabet Inc. $GOOGL

Key Points

• PFG Advisors cut its Alphabet stake by 27% in Q4, selling 10,445 shares and leaving a holding of 28,193 shares valued at about $8.82 million per its latest 13F filing.
• Alphabet reported a strong Q1 (EPS $5.11 vs. $2.64 and revenue $109.9B vs. $107B consensus), positive market momentum from AI/Cloud developments including a reported $200 billion Anthropic commitment to Google Cloud, and analyst upgrades that leave a consensus rating of "Moderate Buy" with an average price target of $406.71.

PFG Advisors decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 27.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,193 shares of the information services provider's stock after selling 10,445 shares during the period. PFG Advisors' holdings in Alphabet were worth $8,824,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Symmetry Partners LLC raised its holdings in Alphabet by 0.4% during the fourth quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider's stock worth $2,476,000 after buying an additional 30 shares during the last quarter. Members Trust Co raised its holdings in Alphabet by 0.5% during the fourth quarter. Members Trust Co now owns 6,434 shares of the information services provider's stock worth $2,014,000 after buying an additional 31 shares during the last quarter. Altfest L J & Co. Inc. raised its holdings in Alphabet by 0.4% during the fourth quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider's stock worth $2,489,000 after buying an additional 31 shares during the last quarter. Lifelong Wealth Advisors Inc. raised its holdings in Alphabet by 1.9% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider's stock worth $541,000 after buying an additional 33 shares during the last quarter. Finally, White Wing Wealth Management raised its holdings in Alphabet by 2.9% during the fourth quarter. White Wing Wealth Management now owns 1,155 shares of the information services provider's stock worth $362,000 after buying an additional 33 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock.

Analyst Ratings Changes

GOOGL has been the topic of several research reports. Evercore upped their price objective on shares of Alphabet from $400.00 to $420.00 and gave the stock an "outperform" rating in a report on Thursday, April 30th. Rosenblatt Securities upped their price objective on shares of Alphabet from $357.00 to $393.00 and gave the stock a "neutral" rating in a report on Thursday, April 30th. KeyCorp set a $425.00 target price on shares of Alphabet and gave the company an "overweight" rating in a report on Thursday, April 30th. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a report on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Alphabet in a report on Tuesday, April 28th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $406.71.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s blockbuster Q1 and broader Mag‑7 earnings strength underpin the rally — the company beat EPS and revenue expectations and markets are rewarding AI/cloud leaders. Here's Why Alphabet (GOOGL) is a Strong Growth Stock
• Positive Sentiment: Large commercial commitments: Anthropic reportedly committed to spend ~$200 billion on Google Cloud and chips over five years — a potential multi‑year revenue stream for Cloud and AI infrastructure. Anthropic commits to spending $200 billion on Google's cloud and chips
• Positive Sentiment: Investor confidence in Alphabet’s AI spending shows in debt markets — its largest-ever euro bond sale attracted strong demand, supporting funding for capex and AI investments. Alphabet's euro bond offering sees strong demand
• Positive Sentiment: Product/tech optionality: DeepMind’s new minority stake to train AI on the complex MMORPG EVE Online and internal work on a 24/7 agent (“Remy”) highlight unique data/training opportunities and product roadmaps that could extend monetization. Google DeepMind Will Train AI Models on the MMORPG Eve Online Google is building an AI agent that could be its answer to OpenClaw
• Neutral Sentiment: Macro/sector backdrop is supportive: analysts and outlets note a record aggregate Q1 for corporate earnings and continued AI spending that benefits hyperscalers like Alphabet. Record Earnings Expected in 2026 Q1
• Neutral Sentiment: Strategic moves in AI compute: Alphabet moving to sell TPUs directly could broaden revenue but also reshapes competitive dynamics with Nvidia — mixed for margins and partner relationships. Google Moves to Sell TPUs Directly
• Negative Sentiment: Regulatory risk in Europe resurfaced — Google offered search-results changes to avert additions to €9.5B in EU competition fines, keeping legal uncertainty and potential remediation costs on the table. Google moves to avert EU fines with offer in news search case
• Negative Sentiment: Privacy/data concerns and worker unrest: a top Google scientist warned EU data‑sharing measures risk user privacy, and DeepMind employee union activity highlights reputational and execution risks. Top Google scientist says EU data measures pose privacy risk UK Google DeepMind employees vote to unionize

Alphabet Stock Performance

Shares of GOOGL stock opened at $398.30 on Thursday. The firm has a 50-day moving average of $316.92 and a 200-day moving average of $310.70. The company has a market cap of $4.82 trillion, a P/E ratio of 30.38, a P/E/G ratio of 1.70 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet Inc. has a one year low of $147.84 and a one year high of $399.85.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Equities research analysts forecast that Alphabet Inc. will post 13.86 EPS for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a dividend of $0.22 per share. The ex-dividend date is Monday, June 8th. This is an increase from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet's dividend payout ratio (DPR) is currently 6.41%.

Insider Activity at Alphabet

In related news, CAO Amie Thuener O'toole sold 955 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total transaction of $348,232.50. Following the transaction, the director owned 3,581 shares of the company's stock, valued at approximately $1,187,638.65. The trade was a 22.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 158,553 shares of company stock worth $47,951,856 in the last ninety days. Corporate insiders own 11.61% of the company's stock.

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.

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