Stillwater Wealth Management Group Purchases Shares of 3,693 Alphabet Inc. $GOOGL

Stillwater Wealth Management Group acquired a new position in Alphabet Inc. (NASDAQ:GOOGL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,693 shares of the information services provider’s stock, valued at approximately $898,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in GOOGL. Financial Gravity Companies Inc. purchased a new stake in Alphabet during the second quarter worth $31,000. iSAM Funds UK Ltd acquired a new stake in Alphabet during the third quarter valued at $53,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Alphabet in the third quarter valued at $53,000. Corsicana & Co. acquired a new position in shares of Alphabet in the third quarter worth about $54,000. Finally, Sellwood Investment Partners LLC acquired a new position in shares of Alphabet in the third quarter worth about $63,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on GOOGL shares. JPMorgan Chase & Co. restated a “buy” rating on shares of Alphabet in a research report on Monday, February 9th. China Renaissance upped their price target on Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Sanford C. Bernstein increased their price target on Alphabet from $305.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, February 2nd. Arete Research raised their price objective on Alphabet from $380.00 to $405.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Finally, President Capital boosted their price objective on Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $367.18.

Insider Activity

In related news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares of the company’s stock, valued at approximately $1,405,091.71. This represents a 18.48% 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, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the completion of the transaction, the chief executive officer owned 1,642,060 shares in the company, valued at $505,573,853.40. The trade was a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,110,165 shares of company stock valued at $118,134,117 in the last three months. Company insiders own 11.64% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a notable AI talent win that reinforces Alphabet’s product roadmap and competitive positioning in AI. Reuters: Sekhon to join DeepMind
• Positive Sentiment: Google’s Wiz acquisition expands Google Cloud’s security portfolio, strengthening the Cloud growth narrative that underpins future revenue diversification. Zacks: GOOGL’s Wiz buyout
• Positive Sentiment: Regulatory concession: Google will let sites opt out of generative AI search features in the UK — reduces near‑term regulatory risk to search revenue. Reuters: Google to allow AI opt‑out
• Neutral Sentiment: Insider selling: CEO Sundar Pichai sold 32,500 shares and director John Hennessy sold a smaller stake — notable but small relative to total insider holdings; monitor for pattern. InsiderTrades: Pichai sale
• Neutral Sentiment: Short‑interest data in feeds appears anomalous/zero and does not indicate a meaningful short build or squeeze at present.
• Negative Sentiment: Macro/valuation headwinds: analysts flag $410B+ hyperscaler AI capex and uncertainty over returns, a theme that keeps pressure on tech multiples (including Alphabet). Fool: Reason tech stocks struggle
• Negative Sentiment: Competitive/market pressure: analyst pieces note rising competition in cloud analytics (Snowflake) and product battles that could temper near‑term share gains despite execution. Zacks: Snowflake vs Alphabet

Alphabet Trading Down 0.2%

Shares of Alphabet stock opened at $307.13 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00. The firm has a market capitalization of $3.72 trillion, a PE ratio of 28.41, a P/E/G ratio of 1.80 and a beta of 1.10. The firm’s 50-day moving average price is $318.17 and its 200 day moving average price is $291.96.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $111.24 billion. On average, sell-side analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

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

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.