Victory Financial Group LLC lifted its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 29.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,632 shares of the information services provider’s stock after acquiring an additional 4,048 shares during the period. Alphabet accounts for about 0.7% of Victory Financial Group LLC’s investment portfolio, making the stock its 24th largest holding. Victory Financial Group LLC’s holdings in Alphabet were worth $5,519,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. PMV Capital Advisers LLC bought a new position in shares of Alphabet in the 4th quarter worth approximately $38,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet in the 3rd quarter worth approximately $53,000. iSAM Funds UK Ltd bought a new position in shares of Alphabet in the 3rd quarter worth approximately $53,000. Corsicana & Co. bought a new position in shares of Alphabet in the 3rd quarter worth approximately $54,000. Finally, Sellwood Investment Partners LLC bought a new position in shares of Alphabet in the 3rd quarter worth approximately $63,000. Institutional investors own 40.03% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on the company. Needham & Company LLC reissued a “buy” rating and issued a $400.00 target price on shares of Alphabet in a research report on Wednesday. President Capital increased their target price on Alphabet from $323.00 to $375.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Bank of America raised their price objective on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Evercore reaffirmed an “outperform” rating and set a $400.00 price objective (up from $325.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Robert W. Baird raised their price objective on Alphabet from $375.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Alphabet has a consensus rating of “Moderate Buy” and a consensus price target of $367.33.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Waymo expands public driverless service to Nashville — a visible commercialization milestone for Alphabet’s autonomous-vehicle unit that supports the narrative Waymo is moving from R&D toward revenue-generating rides and partnerships. Alphabet Climbs 4% on Waymo’s Nashville Expansion
- Positive Sentiment: Wing (Alphabet) and DoorDash expand drone deliveries into Atlanta — incremental commercial rollouts help validate Wing’s delivery economics and widen addressable market for autonomous logistics. Alphabet’s Wing Drone Unit, DoorDash Expand Into Atlanta
- Positive Sentiment: Broadcom deepens multi-year AI chip and networking deals with Google and Anthropic — secures TPU supply/ networking for Google’s AI racks and signals growing third‑party demand for Google’s TPU stack, which supports Google Cloud’s AI positioning. This reduces supply risk and underpins cloud/infrastructure growth. Alphabet Broadcom AI Chip Deal Underscores Undervalued Google Compute Power
- Positive Sentiment: Google Cloud momentum — Market commentary shows Google Cloud is the fastest-growing major hyperscaler, with big AI-driven revenue growth, growing backlog and TPU advantage, reinforcing medium‑term revenue/earnings outlook. Google Cloud Is the World’s Fastest-Growing Major Cloud Platform
- Neutral Sentiment: Analyst ratings and price targets lifted — Cantor Fitzgerald reiterated overweight ($370) and Needham reaffirmed buy ($400), providing directional upside thesis but not immediate fundamental change. Analyst Coverage
- Neutral Sentiment: Broad market tailwinds (ceasefire news) are boosting tech risk appetite — a macro bid helped push Magnificent Seven names higher alongside company-specific catalysts. Tech rally after ceasefire announcement
- Negative Sentiment: Data‑center siting concerns and environmental scrutiny (water/land/energy) could slow some capacity builds and raise costs — a potential operational risk for hyperscalers including Google Cloud. Data center community pushback
- Negative Sentiment: Ongoing content/AI accuracy and regulatory scrutiny (e.g., coverage of AI overviews) remain reputational and compliance risks that could affect ad/AI product adoption or require costly adjustments. How Accurate Are Google’s A.I. Overviews?
Insiders Place Their Bets
In other Alphabet news, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. This trade represents a 0.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the completion of the sale, the chief executive officer directly owned 1,642,060 shares of the company’s stock, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,069,344 shares of company stock worth $104,708,426. 11.64% of the stock is owned by corporate insiders.
Alphabet Stock Up 3.9%
GOOGL stock opened at $317.32 on Thursday. Alphabet Inc. has a twelve month low of $143.90 and a twelve month high of $349.00. 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 firm has a market cap of $3.84 trillion, a PE ratio of 29.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.12. The business has a 50 day moving average of $307.67 and a 200 day moving average of $297.75.
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The company had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. On average, research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. 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 (DPR) is presently 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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