Well Done LLC grew its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 93.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,546 shares of the information services provider’s stock after acquiring an additional 2,194 shares during the period. Well Done LLC’s holdings in Alphabet were worth $1,423,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after purchasing an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Alphabet by 3.5% during the 4th 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 lifted its stake in Alphabet by 17.6% in the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock valued at $685,000 after buying an additional 581 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Alphabet by 11.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after buying an additional 48,805 shares during the last quarter. Finally, United Bank increased its stake in Alphabet by 6.9% during the 2nd quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after buying an additional 3,120 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google launched Veo 3.1 Lite, a lower‑cost video AI model that offers the same speed as Veo 3.1 Fast at under half the cost — a move aimed at expanding developer adoption and driving greater usage of Google’s AI platform. Google Unveils Cheaper AI Video Model to Expand Adoption
- Positive Sentiment: Needham reiterated a Buy on GOOGL with a $400 price target, reinforcing bullish analyst sentiment and suggesting material upside vs. current levels. Needham Reiterates Buy on Alphabet Inc. (GOOGL) With $400 Price Target
- Positive Sentiment: Shares jumped after reports that President Trump signaled willingness to end the Iran conflict — a macro/geopolitical development that reduced risk premium for ad‑heavy, global tech names like Alphabet. Alphabet (GOOGL) Stock Trades Up, Here Is Why
- Positive Sentiment: Market coverage highlights Alphabet as a core AI/cloud compounder — Google Cloud’s strong growth and a rising cloud backlog underpin durable revenue visibility for investors seeking AI exposure. 5 Cloud and AI Infrastructure Stocks Powering the Next Wave of AI (GOOGL)
- Neutral Sentiment: Alphabet issued ultra‑long dated debt (100‑year paper), signaling opportunistic financing in a low‑rate environment — expands capital flexibility but worth monitoring for long‑term cash management implications. Alphabet Taps Debt Markets With 100-Year Issuance
- Neutral Sentiment: Billionaire Stanley Druckenmiller added GOOGL to his filings, a notable institutional vote of confidence but one of many portfolio moves to interpret. Billionaire Stanley Druckenmiller Piled Into 2 of the Hottest AI Stocks for a Second Consecutive Quarter (No, Not Nvidia or Palantir)
- Negative Sentiment: Indonesia summoned Google over non‑compliance with new child social media curbs — a regulatory flag that could lead to fines, product changes or restricted services in a large market. Indonesia summons Meta and Google over non-compliance with child social media curbs, minister says
- Negative Sentiment: Publisher Future PLC warned search changes tied to Google are compressing higher‑margin ad revenues — an example of how product/search tweaks can ripple through partners and potentially pressure ad revenue mixes. Future shares flop on profit warning as Google search changes hit ad revenues
- Negative Sentiment: A Gmail update / crypto wallet story highlights friction between Google product changes and crypto wallet usability — a niche but persistent user/partner headache in web3 integrations. New Gmail update highlights major crypto wallet struggle
Alphabet Stock Up 5.1%
Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $111.24 billion. On average, research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.
Alphabet Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s payout ratio is presently 7.77%.
Analysts Set New Price Targets
Several research firms have recently weighed in on GOOGL. JPMorgan Chase & Co. restated a “buy” rating on shares of Alphabet in a research report on Monday, February 9th. UBS Group set a $348.00 price target on Alphabet and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Cantor Fitzgerald restated an “overweight” rating and issued a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Mizuho lifted their target price 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. Finally, Rosenblatt Securities upped their target price on shares of Alphabet from $279.00 to $357.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $368.06.
Read Our Latest Analysis on Alphabet
Insiders Place Their Bets
In related news, CAO Amie Thuener O’toole sold 955 shares of the company’s 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 transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Frances Arnold sold 112 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the transaction, the director owned 18,418 shares of the company’s stock, valued at $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 2,092,234 shares of company stock worth $112,487,971. 11.55% of the stock is currently owned by company insiders.
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.
See Also
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