JFS Wealth Advisors LLC Boosts Stock Position in Alphabet Inc. $GOOGL

JFS Wealth Advisors LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOGLFree Report) by 12.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,306 shares of the information services provider’s stock after purchasing an additional 3,709 shares during the period. JFS Wealth Advisors LLC’s holdings in Alphabet were worth $10,738,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. PMV Capital Advisers LLC bought a new stake in shares of Alphabet in the 4th quarter worth about $38,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet in the 3rd quarter valued at about $53,000. iSAM Funds UK Ltd bought a new position in shares of Alphabet in the 3rd quarter valued at about $53,000. Corsicana & Co. purchased a new position in Alphabet in the third quarter worth about $54,000. Finally, Vermillion & White Wealth Management Group LLC grew its position in Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Ratings Changes

GOOGL has been the topic of a number of recent research reports. DA Davidson upped their price objective on Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Robert W. Baird lifted their target price on Alphabet from $375.00 to $380.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. UBS Group set a $348.00 target price on Alphabet and gave the company a “neutral” rating in a research report on Thursday, February 5th. DZ Bank restated a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Finally, KeyCorp set a $370.00 price target on Alphabet and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $368.06.

Get Our Latest Stock Analysis on GOOGL

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Wells Fargo raised its price target to $397, citing growing opportunities to monetize Google Cloud — a direct positive for revenue growth and valuation expectations. Wells Fargo raises PT
  • Positive Sentiment: Needham reiterated a Buy with a $400 target, reinforcing buy-side analyst conviction and supporting upside narratives for the stock. Needham reiterates Buy
  • Positive Sentiment: Google launched Veo 3.1 Lite — a lower‑cost AI video model — which should accelerate adoption of Google’s video AI tools and expand addressable market for cloud AI services. Google unveils cheaper AI video model
  • Positive Sentiment: Bloomberg/press reports that Google plans a screenless Fitbit band later this year — a small but positive product diversification play that could help hardware revenue and ecosystem engagement. Google readies screenless Fitbit
  • Positive Sentiment: Several outlets highlight recent analyst upgrades and buy-side interest (including a MarketBeat feature listing Alphabet among core AI/cloud plays), reinforcing momentum into mega‑caps when market breadth favors growth. MarketBeat AI cloud list
  • Neutral Sentiment: Zacks and Benzinga pieces note Alphabet outpaced the market and benefited from broad sector strength — helpful context but not a company-specific fundamental change. Zacks: Outpaced market
  • Neutral Sentiment: Alphabet issued long‑dated debt (including a 100‑year tranche), a signal of financing flexibility and confidence in cash flows; bond activity is generally neutral for near‑term equity moves but relevant for capital structure. Alphabet taps debt markets
  • Negative Sentiment: Billionaire Ray Dalio trimmed his Alphabet stake — a headline that can stoke short‑term selling or be read as portfolio rebalancing by large holders. Dalio reduces position
  • Negative Sentiment: Child development experts petitioned Google to block AI‑generated videos aimed at kids and Indonesia summoned Google over child social‑media rules — regulatory and content‑risk headlines that could pressure YouTube monetization and increase moderation costs. Experts urge Google on AI videos Indonesia summons Google

Insider Buying and Selling at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frances Arnold sold 112 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the transaction, the director owned 18,418 shares in the company, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 2,092,234 shares of company stock valued at $112,487,971. 11.64% of the stock is owned by company insiders.

Alphabet Trading Up 3.4%

GOOGL opened at $297.39 on Thursday. 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’s 50 day moving average price is $310.63 and its 200-day moving average price is $295.97. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The stock has a market cap of $3.60 trillion, a price-to-earnings ratio of 27.51, a P/E/G ratio of 1.76 and a beta of 1.12.

Alphabet (NASDAQ:GOOGLGet Free Report) last issued its quarterly earnings results 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 return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. On average, equities analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

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

Alphabet Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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