Sage Mountain Advisors LLC Has $17.87 Million Stock Position in Alphabet Inc. $GOOGL

Key Points

• Sage Mountain reduced its Alphabet stake by 5.6% in Q4 to 57,101 shares valued at $17.87 million, representing about 0.9% of its portfolio and its 19th largest holding.
• Significant insider selling: CEO Sundar Pichai sold 32,500 shares (~$10.9M) and insiders have offloaded 2,037,294 shares (~$94.22M) over the past 90 days, leaving insiders with 11.55% ownership.
• Company performance and analyst view: Alphabet beat Q results (EPS $2.82 vs. $2.57; revenue $113.83B vs. $111.24B), has a $4.23T market cap, and carries an average analyst price target of about $369.67 with a "Moderate Buy" consensus.

Sage Mountain Advisors LLC reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,101 shares of the information services provider's stock after selling 3,410 shares during the period. Alphabet makes up approximately 0.9% of Sage Mountain Advisors LLC's investment portfolio, making the stock its 19th biggest position. Sage Mountain Advisors LLC's holdings in Alphabet were worth $17,873,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. CIBC Bancorp USA Inc. acquired a new stake in Alphabet in the third quarter valued at $416,217,000. Sovran Advisors LLC increased its holdings 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 purchasing an additional 4,241 shares during the period. Griffin Asset Management Inc. increased its holdings 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 purchasing an additional 7,180 shares during the period. Wright Investors Service Inc. increased its holdings 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 purchasing an additional 8,746 shares during the period. Finally, CIBC Asset Management Inc increased its holdings 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 purchasing an additional 60,831 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Price Performance

GOOGL stock opened at $349.77 on Wednesday. The stock has a market capitalization 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. The company's 50-day moving average is $311.15 and its 200-day moving average is $306.97. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a 1 year low of $147.84 and a 1 year high of $353.18.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released 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 company had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Equities research analysts expect that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Insider Activity at Alphabet

In other 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 transaction, the chief accounting officer owned 9,918 shares of the company's stock, valued at $2,955,564. This represents a 8.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the transaction, the chief executive officer directly owned 2,179,372 shares in the company, valued at $730,481,906.96. This trade represents a 1.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 2,037,294 shares of company stock worth $94,216,897. 11.55% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on GOOGL. Raymond James Financial upgraded Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, January 22nd. Loop Capital upped their price target on shares of Alphabet from $320.00 to $355.00 and gave the company a "buy" rating in a research report on Monday, February 23rd. Mizuho upped their price target on shares of Alphabet from $410.00 to $420.00 and gave the company an "outperform" rating in a research report on Friday, April 10th. Citizens Jmp reaffirmed a "market outperform" rating and set a $385.00 price target on shares of Alphabet in a research report on Monday, April 13th. Finally, President Capital upped their price target on shares of Alphabet from $323.00 to $375.00 and gave the company a "buy" rating in a research report on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $369.67.

Alphabet News Roundup

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.