Sax Wealth Advisors LLC Has $10.61 Million Position in Alphabet Inc. $GOOGL

Key Points

• Sax Wealth Advisors LLC boosted its stake in Alphabet by 44.9%, owning 33,896 shares after adding 10,506 shares in Q4, a position valued at about $10.61 million.
• Insider selling was notable: CEO Sundar Pichai sold 32,500 shares for roughly $9.88 million, and insiders sold 2,092,336 shares in the last quarter while retaining 11.55% ownership.
• Analyst sentiment is broadly positive — MarketBeat shows a "Moderate Buy" average rating with a $368.06 average target, and several firms have recently raised price targets into the $375–$397 range.

Sax Wealth Advisors LLC boosted its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 44.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 33,896 shares of the information services provider's stock after buying an additional 10,506 shares during the quarter. Sax Wealth Advisors LLC's holdings in Alphabet were worth $10,609,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of GOOGL. PMV Capital Advisers LLC bought a new stake in shares of Alphabet during the fourth quarter worth $38,000. iSAM Funds UK Ltd bought a new position in Alphabet in the third quarter valued at about $53,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Alphabet in the third quarter worth about $53,000. Corsicana & Co. acquired a new stake in Alphabet in the third quarter worth about $54,000. Finally, Sellwood Investment Partners LLC bought a new stake in Alphabet during the 3rd quarter worth about $63,000. 40.03% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

GOOGL has been the topic of a number of research reports. JPMorgan Chase & Co. restated a "buy" rating on shares of Alphabet in a research report on Monday, February 9th. Roth Mkm boosted their price target on shares of Alphabet from $365.00 to $395.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. The Goldman Sachs Group restated 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. Wall Street Zen cut shares of Alphabet from a "buy" rating to a "hold" rating in a research note on Saturday, March 14th. Finally, Guggenheim reaffirmed a "buy" rating and set a $375.00 target price (up from $330.00) on shares of Alphabet in a report on Monday, December 1st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $368.06.

Insider Activity

In other news, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the sale, the director owned 4,631 shares of the company's stock, valued at $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the transaction, the chief executive officer owned 2,818,524 shares in the company, valued at $856,605,814.08. This trade represents a 1.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,092,336 shares of company stock valued at $112,519,943. Company insiders own 11.55% of the company's stock.

Alphabet Stock Down 0.3%

Shares of NASDAQ GOOGL opened at $273.50 on Tuesday. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market cap of $3.31 trillion, a P/E ratio of 25.30, a P/E/G ratio of 1.61 and a beta of 1.10. The firm has a 50 day moving average price of $311.94 and a 200 day moving average price of $295.63.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted 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. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

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

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: TurboQuant AI compression positions Alphabet to cut AI infrastructure costs and extend its AI leadership, which could boost margins and reduce dependence on memory suppliers. Alphabet Just Introduced Its Newest AI Advantage, and It's Another Reason to Buy the Stock
• Positive Sentiment: Analyst outlooks are supportive: a published price target increase to $397 signals upside from the sell-side and may provide buying interest. Alphabet NASDAQ: GOOGL Price Target Raised to $397.00
• Positive Sentiment: Needham reiterated a Buy rating, reinforcing institutional support and potentially limiting downside as some funds watch analyst guidance. Alphabet's (GOOGL) Buy Rating Reiterated at Needham & Company LLC
• Positive Sentiment: Wall Street and independent finance experts remain broadly positive on end‑of‑2026 price prospects, supporting medium-term investor confidence. Finance experts predict Google stock price for end of 2026
• Neutral Sentiment: Last week’s near‑9% drop is partly market-driven (broader index weakness/geo‑political risk); however, Alphabet remains the top-performing Magnificent Seven name over 12 months and is the only peer above its 200‑day SMA — a mixed technical picture to monitor. After Falling Nearly 9% Last Week, Has Alphabet Lost Its Edge?
• Neutral Sentiment: CEO Sundar Pichai’s routine, pre‑planned sale of shares resurfaced in headlines but aligns with his historical pattern and is unlikely to signal new negative insider activity. After Falling Nearly 9% Last Week, Has Alphabet Lost Its Edge?
• Neutral Sentiment: High‑profile personnel moves (a former Google CMO left with a large equity package; Apple hired a Google shopping exec) are noteworthy for talent flow but are not immediate earnings drivers. Meet the ex-Google CMO who quit with a seven-figure package by 28 Apple Recruits Google Shopping Exec to Lead AI Marketing
• Negative Sentiment: Landmark social‑media addiction verdict found YouTube negligent, raising litigation risk and regulatory attention that could increase legal costs or policy constraints over time. Meta and Google lost a major social media addiction lawsuit
• Negative Sentiment: Large portfolio moves by Ark Invest (sales of Alphabet shares) add selling pressure and can amplify downside during volatile sessions. Cathie Wood Going Cold On Big Tech? Ark Sells Nvidia, AMD, Meta And Google Stock
• Negative Sentiment: Poaching of senior product marketing talent by rivals (Apple) highlights competition for AI marketing expertise and could modestly pressure execution in consumer/ads initiatives. Apple Recruits Google Shopping Exec to Lead AI Marketing

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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