Kingsman Wealth Management Inc. Has $1.67 Million Stock Holdings in Alphabet Inc. $GOOGL

Kingsman Wealth Management Inc. boosted its position in Alphabet Inc. (NASDAQ:GOOGL) by 159.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 6,853 shares of the information services provider’s stock after purchasing an additional 4,215 shares during the period. Alphabet comprises 0.9% of Kingsman Wealth Management Inc.’s holdings, making the stock its 20th largest position. Kingsman Wealth Management Inc.’s holdings in Alphabet were worth $1,666,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of GOOGL. Breakwater Investment Management increased its holdings in shares of Alphabet by 1.0% during the 3rd quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock worth $1,028,000 after acquiring an additional 41 shares during the last quarter. Wealth Alliance Advisory Group LLC boosted its position in Alphabet by 1.0% during the third quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after purchasing an additional 41 shares during the period. Contravisory Investment Management Inc. increased its holdings in shares of Alphabet by 2.9% in the third quarter. Contravisory Investment Management Inc. now owns 1,572 shares of the information services provider’s stock valued at $382,000 after purchasing an additional 44 shares during the last quarter. Wallington Asset Management LLC raised its position in shares of Alphabet by 1.4% in the third quarter. Wallington Asset Management LLC now owns 3,324 shares of the information services provider’s stock valued at $808,000 after purchasing an additional 45 shares during the period. Finally, LongView Wealth Management lifted its stake in shares of Alphabet by 1.2% during the 3rd quarter. LongView Wealth Management now owns 3,817 shares of the information services provider’s stock worth $928,000 after buying an additional 46 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the sale, the insider directly owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the sale, the chief executive officer directly owned 2,337,119 shares in the company, valued at approximately $662,526,494.12. The trade was a 1.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 192,687 shares of company stock worth $56,255,711 over the last 90 days. Insiders own 11.64% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s market value climbed past Apple’s, reinforcing investor confidence that Google is regaining leadership among mega‑cap tech names and boosting sentiment for GOOGL shares. Alphabet’s market cap surpasses Apple’s (CNBC)
• Positive Sentiment: Analysts have been raising ratings and price targets on Alphabet into Q4/Q1, with MarketBeat and other outlets highlighting a wave of bullish revisions tied to AI progress and regulatory relief — a factor supporting further upside. 5 Stocks Wall Street Repriced Higher (MarketBeat)
• Positive Sentiment: Operational catalysts: recent coverage points to faster AI momentum (Gemini/model upgrades), a stronger cloud AI story and an AI chip/cloud positioning that could lift revenue mix and margins over time — these fundamentals underpin the bullish narrative. How Google Got Its Groove Back (WSJ) Alphabet’s AI Cloud Moment (Seeking Alpha)
• Neutral Sentiment: Valuation discussions: commentators are debating whether GOOGL’s strong ~1‑year run makes it late to buy; elevated expectations increase sensitivity to any revenue or margin misses. Is It Too Late To Consider Alphabet? (Yahoo Finance)
• Negative Sentiment: Legal and reputational risk: Alphabet and Character.AI agreed to settle lawsuits tied to minors harmed after interacting with chatbots, including at least one tragic suicide — this raises potential legal costs, regulatory scrutiny of AI safety, and reputational pressures that could weigh on the stock if litigation or regulation expands. Google and Character.AI to Settle Lawsuit (NYT) Google, Character.AI to settle suits (CNBC)

Alphabet Stock Performance

Shares of Alphabet stock opened at $322.05 on Thursday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The company has a market cap of $3.89 trillion, a PE ratio of 31.76, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08. The company has a 50 day moving average of $304.36 and a 200-day moving average of $247.06. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $328.83.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. As a group, equities research analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of research reports. Argus upped their price target on shares of Alphabet from $330.00 to $365.00 and gave the company a “buy” rating in a research note on Monday. Truist Financial set a $350.00 price objective on Alphabet and gave the stock a “buy” rating in a report on Friday, December 5th. Deutsche Bank Aktiengesellschaft increased their target price on Alphabet from $260.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Loop Capital upgraded Alphabet from a “hold” rating to a “buy” rating and boosted their price target for the company from $260.00 to $320.00 in a research note on Tuesday, November 18th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $365.00 price objective (up from $330.00) on shares of Alphabet in a report on Thursday, December 11th. Four research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $321.27.

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.