Stillwater Wealth Management Group Invests $898,000 in Alphabet Inc. $GOOGL

Stillwater Wealth Management Group purchased a new stake in Alphabet Inc. (NASDAQ:GOOGLFree Report) in the third quarter, Holdings Channel reports. The firm purchased 3,693 shares of the information services provider’s stock, valued at approximately $898,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Financial Gravity Companies Inc. purchased a new stake in Alphabet in the 2nd quarter valued at $31,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Alphabet during the 3rd quarter worth $53,000. iSAM Funds UK Ltd acquired a new position in shares of Alphabet during the 3rd quarter valued at about $53,000. Corsicana & Co. acquired a new position in shares of Alphabet during the 3rd quarter valued at about $54,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in shares of 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 valued at $57,000 after purchasing an additional 89 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on GOOGL shares. Rosenblatt Securities raised their price objective on shares of Alphabet from $279.00 to $357.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Argus boosted their target price on shares of Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a report on Friday, February 6th. Evercore restated an “outperform” rating and set a $400.00 price target (up from $325.00) on shares of Alphabet in a report on Thursday, February 5th. Daiwa Securities Group lifted their price target on shares of Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, DZ Bank reiterated a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Three 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $367.18.

View Our Latest Stock Report on GOOGL

Insider Transactions at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated 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 directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. The trade was a 18.48% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 2,110,165 shares of company stock valued at $118,134,117. Corporate insiders own 11.64% of the company’s stock.

Alphabet Price Performance

Alphabet stock opened at $307.13 on Friday. The company’s 50 day simple moving average is $318.17 and its 200-day simple moving average is $291.96. The company has a market capitalization of $3.72 trillion, a price-to-earnings ratio of 28.41, a price-to-earnings-growth ratio of 1.80 and a beta of 1.10. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOGLGet 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, 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 during the quarter, compared to analysts’ expectations of $111.24 billion. As a group, equities research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a notable AI talent win that reinforces Alphabet’s product roadmap and competitive positioning in AI. Reuters: Sekhon to join DeepMind
  • Positive Sentiment: Google’s Wiz acquisition expands Google Cloud’s security portfolio, strengthening the Cloud growth narrative that underpins future revenue diversification. Zacks: GOOGL’s Wiz buyout
  • Positive Sentiment: Regulatory concession: Google will let sites opt out of generative AI search features in the UK — reduces near‑term regulatory risk to search revenue. Reuters: Google to allow AI opt‑out
  • Neutral Sentiment: Insider selling: CEO Sundar Pichai sold 32,500 shares and director John Hennessy sold a smaller stake — notable but small relative to total insider holdings; monitor for pattern. InsiderTrades: Pichai sale
  • Neutral Sentiment: Short‑interest data in feeds appears anomalous/zero and does not indicate a meaningful short build or squeeze at present.
  • Negative Sentiment: Macro/valuation headwinds: analysts flag $410B+ hyperscaler AI capex and uncertainty over returns, a theme that keeps pressure on tech multiples (including Alphabet). Fool: Reason tech stocks struggle
  • Negative Sentiment: Competitive/market pressure: analyst pieces note rising competition in cloud analytics (Snowflake) and product battles that could temper near‑term share gains despite execution. Zacks: Snowflake vs Alphabet

About Alphabet

(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.

Further Reading

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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