GM Advisory Group LLC Has $17.09 Million Position in Alphabet Inc. $GOOGL

GM Advisory Group LLC cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,300 shares of the information services provider’s stock after selling 2,697 shares during the period. GM Advisory Group LLC’s holdings in Alphabet were worth $17,090,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Financial Gravity Companies Inc. acquired a new position in shares of Alphabet during the second quarter worth $31,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Alphabet in the third quarter valued at $53,000. iSAM Funds UK Ltd acquired a new stake in Alphabet in the third quarter valued at $53,000. Corsicana & Co. bought a new position in Alphabet during the 3rd quarter worth $54,000. Finally, Vermillion & White Wealth Management Group LLC raised its position in Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after purchasing an additional 89 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Frances Arnold sold 112 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total transaction of $33,934.88. Following the transaction, the director directly owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,076,615 shares of company stock worth $107,809,111 over the last 90 days. 11.55% of the stock is owned by company insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wells Fargo and other analysts have moved upbeat on Alphabet, citing stronger AI and cloud positioning and raising price targets, supporting investor optimism about future revenue and compute advantage. Alphabet (GOOGL) Sees Optimistic Coverage From Analysts
• Positive Sentiment: Alphabet paid its first 2026 dividend of $0.21 per share on March 16, a concrete cash return that can support demand from income-oriented investors. Google stock just paid dividends; here’s how much investors received
• Positive Sentiment: Research houses continue to reiterate buy/overweight ratings (Needham reiterated a buy), reinforcing buy-side conviction and supporting price momentum. Alphabet’s (GOOGL) Buy Rating Reiterated at Needham & Company LLC
• Positive Sentiment: Google procurement teams reportedly visited China to discuss buying liquid cooling gear from local suppliers — a sign of continued data‑center expansion and potential cost/efficiency gains for its cloud and AI compute footprint. Google in talks with China’s Envicool, others to buy data centre cooling systems, sources say
• Neutral Sentiment: Multiple market write-ups (Zacks, Yahoo, Motley Fool summaries) note Alphabet as a trending/overperforming stock due to AI and cloud tailwinds, keeping the name in retail and institutional screens but not providing new catalysts. Alphabet Inc. (GOOG) Outperforms Broader Market: What You Need to Know
• Negative Sentiment: European publishers and tech firms are pressing the EU to accelerate a probe and impose a fine over alleged search favoritism, creating regulatory uncertainty that could pressure margins or fines down the road. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search
• Negative Sentiment: Some analysts flag valuation and near‑term margin pressure as capex for AI compute ramps and higher operating costs could limit upside despite growth, a narrative that may cap multiple expansion. Is Alphabet Stock’s 25.55X PE Still Worth it? Buy, Sell, or Hold?

Alphabet Stock Up 1.8%

Alphabet stock opened at $310.92 on Wednesday. The company has a market capitalization of $3.76 trillion, a PE ratio of 28.76, a PEG ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. The firm’s fifty day moving average is $318.83 and its 200 day moving average is $291.74. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS 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 business had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. As a group, sell-side analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Barclays reiterated an “overweight” rating and issued a $360.00 price target (up from $315.00) on shares of Alphabet in a research report on Thursday, February 5th. Needham & Company LLC restated a “buy” rating and set a $400.00 price objective on shares of Alphabet in a research report on Friday, March 13th. Canaccord Genuity Group set a $415.00 price objective on Alphabet in a research note on Thursday, February 5th. DA Davidson upped their target price on Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Finally, Roth Mkm increased their target price on shares of Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $367.18.

Alphabet Company 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.