ProCore Advisors LLC Invests $717,000 in Alphabet Inc. $GOOGL

Key Points

• ProCore Advisors LLC opened a new Q4 position in Alphabet, buying 2,291 shares worth about $717,000 — roughly 0.7% of its portfolio and its 29th-largest holding.
• Significant insider selling has occurred recently: John Kent Walker sold 47,574 shares and 2017 Gp L.L.C. Gv sold 1,845,308 shares, with insiders disposing of 2,069,794 shares (~$104.85M) over the past three months while still owning 11.64% of the company.
• Fundamentals and analyst sentiment remain positive — Alphabet beat Q4 estimates (EPS $2.82 vs. $2.57; revenue $113.83B vs. $111.24B), announced a $0.21 quarterly dividend, and saw multiple price-target upgrades leaving an average target near $368.25 and a "Moderate Buy" consensus.

ProCore Advisors LLC bought a new position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,291 shares of the information services provider's stock, valued at approximately $717,000. Alphabet makes up about 0.7% of ProCore Advisors LLC's investment portfolio, making the stock its 29th biggest position.

Other large investors also recently modified their holdings of the company. CIBC Bancorp USA Inc. acquired a new stake in Alphabet in the third quarter valued at about $416,217,000. Griffin Asset Management Inc. boosted its stake in Alphabet by 13.9% in the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider's stock valued at $14,277,000 after buying an additional 7,180 shares in the last quarter. Sovran Advisors LLC boosted its stake in Alphabet by 23.6% in the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider's stock valued at $5,401,000 after buying an additional 4,241 shares in the last quarter. Wright Investors Service Inc. boosted its stake in Alphabet by 21.2% in the third quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider's stock valued at $12,171,000 after buying an additional 8,746 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its stake in Alphabet by 3.8% in the third quarter. CIBC Asset Management Inc now owns 1,666,577 shares of the information services provider's stock valued at $405,131,000 after buying an additional 60,831 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Alphabet

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,069,794 shares of company stock valued at $104,854,147 over the last three months. Company insiders own 11.64% of the company's stock.

Alphabet Price Performance

Alphabet stock opened at $341.68 on Monday. 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 capitalization of $4.13 trillion, a PE ratio of 31.61, a P/E/G ratio of 2.11 and a beta of 1.12. Alphabet Inc. has a 12 month low of $146.10 and a 12 month high of $349.00. The stock has a 50-day moving average price of $306.82 and a two-hundred day moving average price of $302.17.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate 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 EPS for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a $0.21 dividend. 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 currently 7.77%.

Analyst Ratings Changes

GOOGL has been the topic of several research analyst reports. Roth Mkm raised their price objective on Alphabet from $365.00 to $395.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Evercore reaffirmed an "outperform" rating and issued a $400.00 price objective (up from $325.00) on shares of Alphabet in a research note on Thursday, February 5th. Moffett Nathanson raised their price objective on Alphabet from $305.00 to $350.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Phillip Securities raised their price objective on Alphabet from $340.00 to $395.00 and gave the company a "moderate buy" rating in a research note on Wednesday, April 15th. Finally, JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of Alphabet in a research note on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Alphabet currently has an average rating of "Moderate Buy" and an average target price of $368.25.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DBS raised its price target on Alphabet to $400 and reiterated a Buy rating, signaling incremental analyst conviction and potential upside from AI and cloud growth. DBS Bank adjusts price target on Alphabet to $400 from $360; maintains buy rating
• Positive Sentiment: An analyst upgrade was reported today, supporting the stock’s rally by boosting short‑term investor sentiment. Alphabet NASDAQ: GOOGL Stock Price Up 1.3% on Analyst Upgrade
• Positive Sentiment: Alphabet secured a long‑term power supply deal for a large Indiana data center with NiSource, reducing energy supply uncertainty for Cloud/data‑center expansion. NiSource signs long-term power deal with Alphabet, expands Amazon agreement
• Positive Sentiment: Product/AI momentum: Google is rolling out photo integration to Gemini (and Nano Banana), which strengthens consumer AI features and engagement pathways that can feed monetization. Google will let users connect their photos to the Gemini chatbot and Nano Banana
• Neutral Sentiment: Speculative models predict further upside into month‑end, but machine‑learning forecasts are noisy and should be treated as sentiment indicators rather than fundamentals. Machine learning algorithm predicts Google stock price on April 30, 2026
• Neutral Sentiment: Alphabet is reportedly in talks with the U.S. Department of Defense on deploying Gemini in classified settings — a potential revenue/strategic win but with contractual/clearing complexities. Google, Pentagon discuss classified AI deal, the Information reports
• Neutral Sentiment: Zacks and other outlets continue to flag Alphabet as a long‑term growth name given AI and cloud leadership; useful for conviction but already priced into the rally. Why Alphabet (GOOGL) is a Top Growth Stock for the Long-Term
• Negative Sentiment: Regulatory risk: the European Commission has outlined measures under the DMA that would force Google to share search and AI chat data with rivals — this could pressure search advantage and ad economics in Europe. Google should allow third-party search engines access to data, EU says
• Negative Sentiment: Cost and margin risks: analysts warn that 2026 capex, higher depreciation and energy costs could squeeze margins and free cash flow even as revenue growth from AI/cloud accelerates. Alphabet Shares Rise 7% YTD: Buy, Sell, or Hold the GOOGL 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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