Alphabet Inc. $GOOGL is Valley Wealth Managers Inc.’s 4th Largest Position

Valley Wealth Managers Inc. trimmed its position in Alphabet Inc. (NASDAQ:GOOGL) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 130,461 shares of the information services provider’s stock after selling 5,123 shares during the quarter. Alphabet comprises 2.6% of Valley Wealth Managers Inc.’s holdings, making the stock its 4th largest position. Valley Wealth Managers Inc.’s holdings in Alphabet were worth $40,834,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of GOOGL. PMV Capital Advisers LLC purchased a new position in shares of Alphabet in the fourth quarter worth about $38,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet in the third quarter worth $53,000. Kentucky Trust Co increased its stake in shares of Alphabet by 142.9% in the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock worth $53,000 after acquiring an additional 100 shares during the period. iSAM Funds UK Ltd acquired a new stake in shares of Alphabet in the third quarter worth $53,000. Finally, Sellwood Investment Partners LLC acquired a new stake in shares of Alphabet in the third quarter worth $63,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Alphabet

In related news, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction 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 directly owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This represents a 8.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The SEC filing for this sale provides additional information. Insiders sold a total of 226,481 shares of company stock worth $27,422,061 in the last three months. 11.61% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on GOOGL shares. Oppenheimer increased their price objective on shares of Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Argus increased their price objective on shares of Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. KeyCorp restated an “overweight” rating and issued a $425.00 target price on shares of Alphabet in a research note on Wednesday, May 20th. UBS Group restated a “neutral” rating on shares of Alphabet in a research note on Wednesday, May 20th. Finally, Pivotal Research upped their target price on Alphabet from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $412.94.

Alphabet Price Performance

Alphabet stock opened at $380.34 on Friday. The company’s fifty day moving average price is $345.77 and its 200 day moving average price is $324.91. Alphabet Inc. has a 1 year low of $162.00 and a 1 year high of $408.61. The stock has a market capitalization of $4.61 trillion, a P/E ratio of 29.01, a P/E/G ratio of 1.63 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.

Alphabet (NASDAQ:GOOGL) last issued its quarterly 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. The firm had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. As a group, equities research analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio is 6.41%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported standout Q1’26 results, with revenue up 63% to $20 billion, a 32.9% margin, and a backlog that reached $462 billion, suggesting strong demand and improving profitability. GOOGL Rides on Surging Google Cloud Demand: More Upside Ahead?
• Positive Sentiment: Alphabet and Blackstone announced a partnership to build 500MW of U.S. data center capacity by 2027, underscoring Alphabet’s push to monetize TPU-powered AI compute as a service. Google and Blackstone partner on TPU-powered data centre capacity
• Positive Sentiment: Alphabet’s buy rating was reaffirmed by Barclays, adding to the bullish analyst tone around the stock. Alphabet Class A (GOOGL) Gets a Buy from Cantor Fitzgerald
• Positive Sentiment: Reuters reported that EQT partnered with Google Cloud to accelerate AI adoption across more than 300 portfolio companies, reinforcing Alphabet’s enterprise AI momentum. Private equity firm EQT partners with Google Cloud for AI rollout
• Neutral Sentiment: Waymo continued expanding its robotaxi fleet with lower-cost vehicles and new rider access, which supports Alphabet’s optionality in autonomous driving but is not an immediate earnings driver. Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
• Negative Sentiment: Alphabet is facing fresh reputational and legal pressure after U.S. prosecutors charged a Google engineer in a Polymarket insider-trading case, and an Indian court ruling raised trademark-related ad risk. Indian court ruling on Google keyword ads could reshape online advertising
• Negative Sentiment: Some commentary also suggested Alphabet could face pressure as AI rivals like OpenAI and Anthropic raise larger funding war chests, keeping competition concerns in focus. Anthropic Leapfrogs OpenAI In Valuation. But Here’s One Thing To Know.

About Alphabet

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.