GC Wealth Management RIA LLC Acquires 8,222 Shares of Alphabet Inc. $GOOGL

GC Wealth Management RIA LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 1.6% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 512,353 shares of the information services provider’s stock after acquiring an additional 8,222 shares during the period. Alphabet makes up about 6.1% of GC Wealth Management RIA LLC’s holdings, making the stock its 3rd largest holding. GC Wealth Management RIA LLC’s holdings in Alphabet were worth $147,332,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GOOGL. Klingman & Associates LLC raised its position in Alphabet by 3.1% in the first quarter. Klingman & Associates LLC now owns 27,370 shares of the information services provider’s stock valued at $7,871,000 after purchasing an additional 826 shares during the period. CLG LLC grew its holdings in shares of Alphabet by 0.8% during the 1st quarter. CLG LLC now owns 6,662 shares of the information services provider’s stock worth $1,916,000 after purchasing an additional 50 shares during the period. Modern Wealth Management LLC grew its holdings in shares of Alphabet by 1.1% during the 1st quarter. Modern Wealth Management LLC now owns 135,293 shares of the information services provider’s stock worth $40,234,000 after purchasing an additional 1,486 shares during the period. Keebeck Wealth Management increased its position in shares of Alphabet by 25.9% during the 1st quarter. Keebeck Wealth Management now owns 21,404 shares of the information services provider’s stock worth $6,155,000 after purchasing an additional 4,399 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Alphabet by 90.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock worth $4,900,078,000 after purchasing an additional 8,112,680 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong earnings and analyst support: Alphabet’s latest results significantly exceeded consensus expectations, reinforcing confidence in accelerating revenue and profit growth. Multiple reports describe the stock as undervalued or a favorable growth investment, while analysts maintain a consensus “Buy” rating. Alphabet Stock is Climbing: What’s Going On Today?
• Positive Sentiment: AI infrastructure positioning: Commentary argues Alphabet is better equipped than many peers to absorb the cost of Nvidia chips while benefiting from expanding AI demand. Investors also see Google Search, cloud services, and AI infrastructure as complementary growth engines. Berkshire Hathaway’s reported investment in Alphabet adds to the bullish narrative. The Nvidia Tax: Alphabet Mitigates It Better
• Positive Sentiment: Waymo validation: An analysis reported that Alphabet’s Waymo robotaxis crash substantially less often than human-driven vehicles. While Waymo is not yet a major earnings contributor, the finding supports Alphabet’s long-term autonomous-driving and technology portfolio. Waymo robotaxis found to crash 68% less often
• Positive Sentiment: Commercial AI momentum: Google’s partnership with Paris Saint-Germain and participation in upcoming White House AI-regulation discussions highlight expanding enterprise and institutional interest in its AI capabilities. Paris Saint-Germain partners with Google on AI
• Neutral Sentiment: Microsoft’s lead in cloud market share remains a competitive concern, although Alphabet’s Google Cloud continues to grow and benefits from the same AI spending cycle. Microsoft Races Ahead of Google in the Cloud
• Neutral Sentiment: Investors are weighing whether heavy AI capital expenditures will temporarily pressure margins or create durable long-term returns.
• Negative Sentiment: A Google Earth tool reportedly made it possible to create AI-generated fake satellite imagery, raising questions about safeguards, misinformation, and potential regulatory scrutiny. For a Day, Google Made It Easy to Spoof Satellite Imagery

Alphabet Stock Performance

NASDAQ GOOGL opened at $373.51 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The company has a market cap of $4.57 trillion, a P/E ratio of 18.76, a P/E/G ratio of 1.00 and a beta of 1.24. The stock has a 50-day moving average of $357.60 and a two-hundred day moving average of $339.62. Alphabet Inc. has a 1-year low of $190.12 and a 1-year high of $408.61.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. As a group, analysts anticipate that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio is presently 4.42%.

Insider Buying and Selling at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,998 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares of the company’s stock, valued at $26,298,044.10. This trade represents a 10.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Frances Arnold sold 82 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total transaction of $27,337.98. Following the completion of the transaction, the director directly owned 18,914 shares of the company’s stock, valued at $6,305,738.46. This represents a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 600,547 shares of company stock valued at $16,255,540 in the last quarter. Corporate insiders own 11.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on GOOGL shares. Dbs Bank upped their target price on shares of Alphabet from $400.00 to $460.00 in a research report on Thursday, May 7th. KeyCorp lifted their price target on shares of Alphabet from $425.00 to $445.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. Wolfe Research reduced their price target on shares of Alphabet from $390.00 to $360.00 and set an “outperform” rating on the stock in a research note on Friday, April 10th. Canaccord Genuity Group upped their price objective on shares of Alphabet from $415.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Barclays reaffirmed an “overweight” rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $419.86.

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.