McAlister Sweet & Associates Inc. Has $8.12 Million Holdings in Alphabet Inc. $GOOGL

McAlister Sweet & Associates Inc. lowered its stake in Alphabet Inc. (NASDAQ:GOOGL) by 24.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,937 shares of the information services provider’s stock after selling 8,249 shares during the quarter. Alphabet makes up approximately 7.1% of McAlister Sweet & Associates Inc.’s investment portfolio, making the stock its 3rd largest position. McAlister Sweet & Associates Inc.’s holdings in Alphabet were worth $8,118,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of GOOGL. Financial Gravity Companies Inc. acquired a new position in shares of Alphabet during the 2nd quarter worth approximately $31,000. iSAM Funds UK Ltd bought a new stake in shares of Alphabet during the 3rd quarter worth approximately $53,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet in the 3rd quarter valued at approximately $53,000. Corsicana & Co. acquired a new stake in shares of Alphabet in the 3rd quarter valued at approximately $54,000. Finally, Sellwood Investment Partners LLC bought a new position in shares of Alphabet in the third quarter valued at $63,000. Institutional investors own 40.03% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hired Jasjeet Sekhon, Bridgewater’s chief scientist, as chief strategy officer — a high‑profile talent win that reinforces Alphabet’s DeepMind AI bench and long‑term product roadmap. Exclusive: Bridgewater’s chief scientist Sekhon to join Google’s DeepMind AI unit
• Positive Sentiment: High‑profile endorsement: Elon Musk tweeted that Google will “win the AI race in the West,” a bullish signal for market perception of Alphabet’s AI leadership. Elon Musk Says China Will Win The AI Race, But Here’s Where SpaceX Will Win
• Positive Sentiment: Product momentum: Google’s new “Stitch” AI design features are pressuring rivals (e.g., Figma’s stock fell), underscoring expanding addressable market for Google’s AI tools. Figma’s stock drops 11% in two days after Google releases ‘vibe design’ product
• Positive Sentiment: Market commentary highlights Alphabet’s operational strength (consecutive earnings beats, Cloud acceleration), supporting the bullish analyst consensus and relative outperformance among mega‑caps. 2 Tech Giants Holding Their Ground While the Market Slides
• Neutral Sentiment: Insider sales disclosed: CEO Sundar Pichai sold ~32,500 shares (~$10M) and Director John Hennessy sold a small stake — notable but small relative to total insider holdings; monitor if these continue. Insider filing: Sundar Pichai sale
• Neutral Sentiment: Short‑interest data in the feeds appears anomalous/zero and provides no clear signal (no days‑to‑cover build reported).
• Neutral Sentiment: Competitive takes: Analysts compare Snowflake and Alphabet on cloud analytics — SNOW’s momentum is notable but doesn’t negate Google Cloud’s growth trajectory. Snowflake vs Alphabet: Which Cloud Analytics Stock Has an Edge Now?
• Negative Sentiment: Investor concern about massive hyperscaler AI spending — analysts flag $410B+ capex across hyperscalers and question near‑term returns, a theme that can pressure tech multiples including GOOGL. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
• Negative Sentiment: Valuation debate persists: coverage notes shifting investment story as AI deals and capex raise questions about near‑term upside despite solid fundamentals. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions

Analysts Set New Price Targets

A number of equities analysts recently weighed in on GOOGL shares. Stifel Nicolaus restated a “buy” rating and set a $395.00 target price (up from $346.00) on shares of Alphabet in a report on Thursday, February 5th. The Goldman Sachs Group reiterated a “buy” rating and issued a $375.00 price target (up from $330.00) on shares of Alphabet in a research note on Tuesday, January 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. Daiwa Securities Group boosted their price objective on shares of Alphabet from $333.00 to $380.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Finally, Wedbush upped their target price on shares of Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $367.18.

Insider Activity

In other Alphabet news, 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 value of $35,060,852.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the sale, the chief executive officer owned 2,244,372 shares of the company’s stock, valued at approximately $720,914,730.12. This trade represents a 1.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,110,165 shares of company stock valued at $118,134,117 in the last three months. 11.64% of the stock is owned by company insiders.

Alphabet Trading Down 2.0%

Shares of Alphabet stock opened at $301.00 on Friday. The company has a market capitalization of $3.64 trillion, a P/E ratio of 27.84, a price-to-earnings-growth ratio of 1.80 and a beta of 1.10. The stock has a fifty day simple moving average of $317.62 and a 200 day simple moving average of $292.57. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOGL) last posted 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. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. On average, sell-side analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given 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 of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

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.