Tanager Wealth Management LLP Boosts Stake in Alphabet Inc. $GOOGL

Key Points

• Tanager Wealth Management increased its Alphabet stake by 16.8% in Q4 to 33,383 shares worth about $10.45 million, representing 1.0% of its portfolio and its 24th largest holding.
• Alphabet delivered a strong quarter—Q1 EPS $5.11 vs. $2.64 expected and $109.9B revenue—powered by Google Cloud (~63% growth to >$20B), which spurred multiple analyst upgrades and a broad Wall Street re-rating.
• Insiders have sold roughly 191,053 shares (~$58.8M) in the last 90 days (including CEO Sundar Pichai), while Alphabet raised its quarterly dividend to $0.22 ($0.88 annualized, ~0.2% yield).

Tanager Wealth Management LLP raised its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 16.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,383 shares of the information services provider's stock after acquiring an additional 4,798 shares during the period. Alphabet makes up 1.0% of Tanager Wealth Management LLP's portfolio, making the stock its 24th biggest position. Tanager Wealth Management LLP's holdings in Alphabet were worth $10,449,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Members Trust Co lifted its stake in shares of 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 purchasing an additional 31 shares in the last quarter. Altfest L J & Co. Inc. lifted its stake in shares of 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 purchasing an additional 31 shares in the last quarter. Lifelong Wealth Advisors Inc. lifted its stake in shares of 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 purchasing an additional 33 shares in the last quarter. White Wing Wealth Management lifted its stake in shares of 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 purchasing an additional 33 shares in the last quarter. Finally, Quantum Financial Advisors LLC lifted its stake in shares of Alphabet by 0.3% during the fourth quarter. Quantum Financial Advisors LLC now owns 11,799 shares of the information services provider's stock worth $3,693,000 after purchasing an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings & Google Cloud surge — Alphabet beat on EPS and revenue; Google Cloud grew ~63% to >$20B and backlog jumped near $460B, underpinning earnings momentum and revenue visibility. Alphabet’s Earnings Didn’t Just Beat—They Changed the Story
• Positive Sentiment: Wall Street re-rating — Dozens of brokers raised price targets and reiterated buy/outperform views (Goldman, JPMorgan, Citi, Canaccord, etc.), lifting upside expectations and supporting momentum. JPMorgan price target note
• Positive Sentiment: Product & monetization catalysts — Gemini rollout into millions of vehicles and comments about ads in AI-driven Search/Gemini expand potential ad & cloud monetization paths. Google's Gemini hits cars
• Positive Sentiment: Commercial & government demand — The Pentagon signed agreements with leading AI vendors (including Google) to deploy AI tools on classified networks, validating enterprise/government demand for secure AI infrastructure. Pentagon AI agreements
• Positive Sentiment: Market narrative uplift — Coverage arguing Alphabet could challenge Nvidia for top market-cap status and that Google is “winning” the AI cycle is driving momentum flows and investor positioning. Barron's: The First $6 Trillion Company May Not Be Nvidia
• Neutral Sentiment: CapEx trajectory — Management signaled materially higher CapEx into 2027 to support AI/data centers; that supports future growth but raises near-term investment intensity and cash needs. Seeking Alpha: CapEx concerns
• Negative Sentiment: Regulatory/legal risk — European scrutiny is rising: Italy asked the EU to investigate Google’s AI search features and Swiss regulators opened probes related to keyword bidding; these could lead to fines, remedies or product constraints. Italy asks EU to investigate Google AI search Switzerland probe

Insiders Place Their Bets

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the sale, the chief executive officer owned 2,818,524 shares in the company, valued at $856,605,814.08. This represents a 1.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Amie Thuener O'toole sold 955 shares of the company's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the sale, the chief accounting officer owned 9,918 shares in the company, valued at $2,955,564. The trade was a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 191,053 shares of company stock worth $58,845,206. 11.61% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GOOGL. DZ Bank restated a "buy" rating on shares of Alphabet in a research note on Monday, February 16th. Pivotal Research boosted their price objective on Alphabet from $400.00 to $420.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Robert W. Baird boosted their price objective on Alphabet from $380.00 to $400.00 and gave the stock an "outperform" rating in a research note on Thursday. Oppenheimer boosted their price objective on Alphabet from $360.00 to $425.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, China Renaissance boosted their price objective on Alphabet from $330.00 to $400.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Alphabet has an average rating of "Moderate Buy" and an average target price of $397.48.

Alphabet Stock Performance

NASDAQ:GOOGL opened at $385.69 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. Alphabet Inc. has a one year low of $147.84 and a one year high of $386.76. The business's 50-day simple moving average is $313.72 and its 200 day simple moving average is $308.70. The stock has a market cap of $4.67 trillion, a price-to-earnings ratio of 29.42, a price-to-earnings-growth ratio of 1.80 and a beta of 1.26.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. As a group, sell-side analysts predict that Alphabet Inc. will post 12.94 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. This is a positive change from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. Alphabet's payout ratio is presently 6.41%.

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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