Alphabet Inc. $GOOGL is RBA Wealth Management LLC’s Largest Position

RBA Wealth Management LLC decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 7.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,209 shares of the information services provider’s stock after selling 3,158 shares during the period. Alphabet accounts for 4.3% of RBA Wealth Management LLC’s investment portfolio, making the stock its biggest position. RBA Wealth Management LLC’s holdings in Alphabet were worth $12,585,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of GOOGL. Brighton Jones LLC boosted its holdings in shares of Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after purchasing an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Alphabet by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after purchasing an additional 506 shares during the last quarter. Matrix Asset Advisors Inc. NY boosted its holdings in shares of Alphabet by 17.6% during the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after purchasing an additional 581 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Alphabet by 11.2% during the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after purchasing an additional 48,805 shares during the last quarter. Finally, United Bank boosted its holdings in shares of Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after purchasing an additional 3,120 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings beat and strong top-line — Alphabet reported $5.11 EPS vs. consensus ~ $2.62 and revenue ~ $109.9B, topping estimates; investors treated the print as confirmation that heavy AI/cloud spending is translating to growth. Read More.
• Positive Sentiment: Google Cloud acceleration — Cloud revenue grew ~63% and surpassed $20B, signaling strong enterprise AI demand that materially boosted the quarter. This is a primary driver of the stock strength. Read More.
• Positive Sentiment: Subscription and YouTube momentum — Alphabet added ~25M paid subscriptions (now ~350M) and YouTube ad revenue rose ~11%, showing diversified, recurring revenue beyond search ads. Read More.
• Positive Sentiment: New monetization paths in AI — Management signaled openness to placing ads in Gemini/AI Mode and is enabling commerce inside AI apps via partners (e.g., Stripe), which creates additional long-term ad and transactions revenue streams. Read More. Read More.
• Neutral Sentiment: Defense contracts could open new TAM — Alphabet signed classified-access arrangements with the U.S. DoD for Gemini models, creating a potential high-margin revenue stream but also raising ethical/backlash considerations. Investors view this as revenue-positive but reputationally mixed. Read More.
• Neutral Sentiment: Analyst updates lift expectations — Some firms nudged FY estimates higher after the results, supporting the near-term bull case but also reflecting momentum already priced into the stock. Read More.
• Negative Sentiment: Cloud capacity constraints — Management flagged capacity limits that may have constrained Cloud growth this quarter, raising questions about how quickly Alphabet can scale without heavy incremental capex or allocation trade-offs. That introduces near-term growth/ margin uncertainty. Read More.
• Negative Sentiment: Governance, employee and regulatory risk — Shareholder groups and employees pushed for more safeguards over cloud/AI use (and Alphabet expanded Pentagon access), and EU/Australian policy moves could increase compliance costs or limit certain revenue channels. These are top-down risks that can weigh multiple quarters out. Read More. Read More.

Alphabet Price Performance

Shares of Alphabet stock opened at $349.94 on Thursday. Alphabet Inc. has a twelve month low of $147.84 and a twelve month high of $355.79. The stock has a market capitalization of $4.23 trillion, a P/E ratio of 32.37, a PEG ratio of 2.17 and a beta of 1.12. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average price is $312.08 and its 200 day moving average price is $307.27.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.59 billion. As a group, research analysts anticipate that Alphabet Inc. will post 11.53 earnings per share for the current year.

Insider Transactions at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director owned 4,631 shares in the company, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,037,192 shares of company stock valued at $94,182,217 in the last ninety days. Company insiders own 11.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on GOOGL. KeyCorp raised their price objective on Alphabet from $370.00 to $380.00 and gave the stock an “overweight” rating in a report on Monday, April 20th. Roth Mkm raised their price objective on Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Royal Bank Of Canada restated a “buy” rating on shares of Alphabet in a report on Monday. Arete Research raised their price objective on Alphabet from $380.00 to $405.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, China Renaissance raised their price objective on Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $369.67.

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.