Silver Oak Securities Incorporated Raises Stake in Alphabet Inc. $GOOGL

Key Points

• Silver Oak Securities increased its stake in Alphabet by 8.1% in Q4 to 35,233 shares (about $11.06 million), making Alphabet its 26th largest holding.
• Several large institutions made big moves—Norges Bank and Berkshire Hathaway established multi‑billion dollar stakes and overall institutional ownership is roughly 40% of the stock.
• Key catalysts include a multi‑year Broadcom deal to build Google’s custom AI chips (reducing hardware risk for Google Cloud), generally positive analyst sentiment (average rating "Moderate Buy" with a $367.33 target), but offset by recent insider selling and some analyst caution.

Silver Oak Securities Incorporated grew its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,233 shares of the information services provider's stock after purchasing an additional 2,636 shares during the period. Alphabet makes up about 0.7% of Silver Oak Securities Incorporated's holdings, making the stock its 26th largest position. Silver Oak Securities Incorporated's holdings in Alphabet were worth $11,058,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in GOOGL. Norges Bank purchased a new stake in shares of Alphabet in the 2nd quarter worth about $21,944,208,000. Berkshire Hathaway Inc purchased a new stake in shares of Alphabet in the 3rd quarter worth about $4,338,397,000. Capital World Investors raised its stake in Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock valued at $12,910,542,000 after purchasing an additional 11,605,785 shares during the last quarter. Capital Research Global Investors raised its stake in Alphabet by 15.7% in the 3rd quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock valued at $12,333,076,000 after purchasing an additional 6,874,381 shares during the last quarter. Finally, Mizuho Markets Cayman LP raised its stake in Alphabet by 23,402.1% in the 3rd quarter. Mizuho Markets Cayman LP now owns 6,118,547 shares of the information services provider's stock valued at $1,487,419,000 after purchasing an additional 6,092,513 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term Broadcom deal to build and supply custom AI chips through 2031 secures a multi-year supply path for Google's next‑generation AI racks, lowering hardware risk for Google Cloud/AI scaling and supporting product rollout plans. Broadcom signs long-term deal to develop Google's custom AI chips
• Positive Sentiment: A Wall Street analyst reaffirmed a constructive outlook on Alphabet, helping investor sentiment despite unit‑level challenges (notably in autonomous driving), which supports near‑term buying interest. Wall Street analyst updates Google stock price target
• Positive Sentiment: Alphabet stands to realize a sizeable paper gain from its early SpaceX stake if the IPO proceeds at reported valuations, an upside that can underpin long‑term investor thesis. 2 Stocks About To Make a Killing on the SpaceX IPO
• Neutral Sentiment: Broadcom's expanded arrangement also includes providing computing capacity to Anthropic using Google's AI processors — this could generate cloud‑revenue or cost recovery opportunities but also helps a competing AI vendor scale. Broadcom agrees to expanded chip deals with Google, Anthropic
• Neutral Sentiment: Intel's push into advanced chip packaging and talks with cloud providers could reshape the supply chain and introduce new competition/partners for AI infrastructure; this is a sector development to monitor. Intel Targets Amazon, Google on AI Chip Packaging
• Neutral Sentiment: Analyst/opinion pieces highlighting Alphabet's ~27x P/E and earnings outlook provide supportive narrative for value‑oriented investors but are commentary rather than new fundamentals. Alphabet: Why Strong Money Likes It At 27x P/E
• Negative Sentiment: Wells Fargo trimmed its price target on Alphabet, signaling some analyst caution that can weigh on sentiment even if the new target remains above current levels. Wells Fargo & Company Cuts Alphabet Price Target
• Negative Sentiment: Insider selling by Alphabet's CAO was reported, a small but negative signal investors watch for timing and magnitude. Insider Selling: Alphabet CAO Sells Stock
• Negative Sentiment: Shareholder pressure and community opposition over water and power use have already led to abandoned data‑center projects; environmental and permitting risks could raise costs or delay capacity expansion. Investors press Amazon, Microsoft and Google on water, power use

Analyst Ratings Changes

GOOGL has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Alphabet from $370.00 to $390.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. reissued a "buy" rating on shares of Alphabet in a research note on Monday, February 9th. Wolfe Research boosted their target price on shares of Alphabet from $380.00 to $390.00 and gave the company an "outperform" rating in a research note on Friday, January 23rd. New Street Research boosted their target price on shares of Alphabet from $330.00 to $380.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Finally, Wall Street Zen raised shares of Alphabet from a "hold" rating to a "buy" rating in a research note on Saturday. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have assigned 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 price target of $367.33.

Insider Activity at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the transaction, the director owned 4,631 shares of the company's stock, valued at $1,405,091.71. This represents a 18.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company's stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,101,844 shares of company stock worth $115,147,751. 11.64% of the stock is owned by insiders.

Alphabet Trading Up 1.4%

NASDAQ GOOGL opened at $299.99 on Tuesday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The company has a 50-day moving average of $308.62 and a 200-day moving average of $297.26. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The company has a market cap of $3.63 trillion, a P/E ratio of 27.75, a P/E/G ratio of 1.81 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $111.24 billion. As a group, equities analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet's dividend payout ratio is currently 7.77%.

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.

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