Westview Management dba Westview Investment Advisors Takes $984,000 Position in Alphabet Inc. $GOOGL

Westview Management dba Westview Investment Advisors acquired a new position in Alphabet Inc. (NASDAQ:GOOGLFree Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,143 shares of the information services provider’s stock, valued at approximately $984,000.

Several other hedge funds have also recently added to or reduced their stakes in GOOGL. Financial Gravity Companies Inc. acquired a new stake in shares of Alphabet in the second quarter worth $31,000. PMV Capital Advisers LLC bought a new stake in Alphabet in the 4th quarter valued at $38,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Alphabet in the 3rd quarter worth $53,000. iSAM Funds UK Ltd bought a new position in shares of Alphabet during the 3rd quarter worth about $53,000. Finally, Corsicana & Co. acquired a new position in shares of Alphabet during the third quarter valued at about $54,000. Institutional investors own 40.03% of the company’s stock.

Alphabet Price Performance

Shares of GOOGL stock opened at $280.86 on Friday. The stock’s fifty day simple moving average is $314.18 and its 200 day simple moving average is $294.34. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The firm has a market cap of $3.40 trillion, a price-to-earnings ratio of 25.98, a P/E/G ratio of 1.70 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOGLGet Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. On average, analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on GOOGL shares. Robert W. Baird boosted their price target on Alphabet from $375.00 to $380.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Royal Bank Of Canada lifted their price objective on Alphabet from $375.00 to $400.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Barclays restated an “overweight” rating and set a $360.00 price objective (up from $315.00) on shares of Alphabet in a research report on Thursday, February 5th. Roth Mkm raised their target price on Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, Mizuho lifted their price target on shares of Alphabet from $400.00 to $410.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $367.18.

Read Our Latest Stock Report on Alphabet

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Alphabet’s AI efficiency gains are market-moving — Google’s “TurboQuant”/model-compression work and Gemini upgrades are being credited with lowering compute/memory needs, improving AI gross margins and product differentiation versus rivals. That dynamic is pressuring memory-chip suppliers but supports Alphabet’s long-term AI cost advantage. CNBC: Google AI TurboQuant & memory chips
  • Positive Sentiment: Analyst sentiment is bullish: MarketBeat and other houses have repeatedly upgraded GOOGL this year and Erste Group nudged up FY2026–FY2027 EPS forecasts, keeping price targets well above current levels — a tailwind for longer-term investor confidence. MarketBeat: Analyst upgrades
  • Positive Sentiment: Fundamentals remain strong: recent quarterly beats, robust Google Cloud growth, accelerating Gemini adoption and large cloud backlog provide revenue visibility that many analysts cite as justification for buying the pullback. MarketBeat: Fundamentals & Gemini adoption
  • Neutral Sentiment: ETF and trading-flow noise: new ETFs and covered‑call products tied to AI/mega-cap names (including GOOGL) are shifting short‑term flows; this can amplify volatility but isn’t a company-specific fundamental change. Benzinga: JUDO ETF
  • Neutral Sentiment: Short-term ETF winners/losers commentary around Google’s AI news is driving rotation between AI and memory-linked funds; this is market structure-driven rather than a direct change to Alphabet’s revenue trajectory. Zacks: ETF winners & losers
  • Negative Sentiment: Landmark jury verdicts found YouTube (Google) liable in a social‑media addiction trial and ordered compensatory damages, creating legal and reputational overhang. Markets view this as precedent-setting risk that could lead to more suits, settlements or regulation — a material sentiment drag even if the immediate dollar amount is immaterial to Alphabet’s balance sheet. Reuters: Jury verdicts against Meta & Google
  • Negative Sentiment: Regulatory and execution friction in key markets — including a high-profile resignation of Google’s top India counsel amid regulatory tensions — adds uncertainty to growth and compliance costs overseas. Reuters: India counsel resignation

Insider Activity

In other news, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the sale, the director owned 4,631 shares of the company’s stock, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider owned 13,227 shares of the company’s stock, valued at $3,987,279.15. This trade represents a 78.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,110,165 shares of company stock valued at $118,134,117. Corporate insiders own 11.64% of the company’s stock.

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

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGLFree Report).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.