TruWealth Advisors LLC Has $51.77 Million Stock Position in Alphabet Inc. $GOOG

Key Points

• TruWealth Advisors trimmed its stake in Alphabet by 22.3% in Q4, selling 47,289 shares and leaving 164,984 shares worth $51.77 million, about 2.5% of its holdings and the firm's 9th largest position.
• Insider selling has been notable: CEO Sundar Pichai sold 32,500 shares and John Kent Walker sold 47,574 shares, with insiders disposing of 2,110,165 shares worth $118.13 million over the past 90 days, which could pressure near‑term sentiment.
• Analysts and fundamentals remain positive—MarketBeat shows a consensus "Buy" with a $345.71 price target—and Alphabet posted a quarterly beat ($2.82 EPS vs. $2.59, revenue $113.83B, +18% YoY) while maintaining strong margins.

TruWealth Advisors LLC trimmed its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 22.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 164,984 shares of the information services provider's stock after selling 47,289 shares during the period. Alphabet makes up approximately 2.5% of TruWealth Advisors LLC's holdings, making the stock its 9th biggest holding. TruWealth Advisors LLC's holdings in Alphabet were worth $51,772,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of Alphabet by 5.6% in the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock valued at $22,901,000 after buying an additional 6,410 shares during the period. Private Management Group Inc. raised its stake in Alphabet by 1.1% during the 2nd quarter. Private Management Group Inc. now owns 7,511 shares of the information services provider's stock worth $1,332,000 after buying an additional 80 shares during the period. Pettyjohn Wood & White Inc. raised its stake in Alphabet by 12.3% during the 2nd quarter. Pettyjohn Wood & White Inc. now owns 18,603 shares of the information services provider's stock worth $3,300,000 after buying an additional 2,036 shares during the period. Nemes Rush Group LLC lifted its holdings in Alphabet by 70.3% during the second quarter. Nemes Rush Group LLC now owns 23,569 shares of the information services provider's stock worth $4,181,000 after acquiring an additional 9,732 shares in the last quarter. Finally, Enterprise Financial Services Corp lifted its holdings in Alphabet by 1.5% during the second quarter. Enterprise Financial Services Corp now owns 9,109 shares of the information services provider's stock worth $1,616,000 after acquiring an additional 134 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Scotiabank restated an "outperform" rating and issued a $400.00 price target (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. BNP Paribas Exane assumed coverage on Alphabet in a research report on Monday, November 24th. They issued an "outperform" rating for the company. Cantor Fitzgerald reissued a "neutral" rating on shares of Alphabet in a research note on Tuesday, January 20th. Royal Bank Of Canada restated an "outperform" rating and set a $375.00 target price on shares of Alphabet in a report on Thursday, January 15th. Finally, Needham & Company LLC set a $400.00 price target on shares of Alphabet and gave the company a "buy" rating in a research note on Friday, March 13th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $345.71.

Insider Buying and Selling

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the sale, the chief executive officer owned 2,244,372 shares of the company's stock, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the company's 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 sale, the insider owned 13,227 shares in the company, valued at $3,987,279.15. The trade was a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,110,165 shares of company stock worth $118,134,117 over the last 90 days. 12.99% of the stock is currently owned by insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon — a high‑profile talent win that strengthens Alphabet’s AI research and commercial credentials versus rivals. Read More.
• Positive Sentiment: Google Cloud + CVS launch "Health100" using Gemini models — expands Gemini into consumer healthcare (pharmacy, insurance, wearables) and creates a potential recurring revenue stream for cloud/AI services. Read More.
• Positive Sentiment: Product momentum: Stitch “vibe design” update is drawing real competition away from incumbents (Figma/Adobe) — suggests faster AI‑driven product monetization and market expansion for developer/designer tools. Read More.
• Positive Sentiment: Google struck agreements with five U.S. utilities to curb data‑center power use at peak demand — reduces brownout/cost risk for data‑center expansion and supports more predictable AI operations. Read More.
• Neutral Sentiment: Alphabet is pursuing Pentagon contracts (coverage and video reports) — potential contract upside but comes with employee/PR controversy given industry disputes; outcome is uncertain for near‑term revenue. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: reports that Alphabet is increasing use of Chinese suppliers for advanced liquid cooling raise export‑control and political risks for global AI builds. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and several directors have disclosed recent SEC‑filed share sales — repeated large insider sales can spook short‑term sentiment even if they are scheduled or for diversification. Read More.
• Negative Sentiment: Broader valuation/capex concern: commentary on massive hyperscaler AI capex and uncertain timing of returns is pressuring multiples across cloud/AI names, including Alphabet. Read More.

Alphabet Price Performance

NASDAQ GOOG opened at $298.79 on Monday. The firm's 50 day moving average is $317.66 and its 200-day moving average is $294.01. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $3.61 trillion, a PE ratio of 27.64, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion during 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%. The firm's revenue was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.15 earnings per share. Equities research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm 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. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet's dividend payout ratio is currently 7.77%.

Alphabet Company Profile

Alphabet Inc NASDAQ: GOOG is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as "Other Bets." Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company's history.

Alphabet's core business centers on internet search and advertising, with Google Search and the company's ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.

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