Vision Capital Management Inc. Sells 4,517 Shares of Alphabet Inc. $GOOGL

Vision Capital Management Inc. decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 120,506 shares of the information services provider’s stock after selling 4,517 shares during the quarter. Alphabet accounts for 4.5% of Vision Capital Management Inc.’s holdings, making the stock its 5th largest position. Vision Capital Management Inc.’s holdings in Alphabet were worth $37,718,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Semus Wealth Partners LLC lifted its stake in shares of Alphabet by 0.3% in the fourth quarter. Semus Wealth Partners LLC now owns 22,461 shares of the information services provider’s stock valued at $7,030,000 after buying an additional 67 shares during the period. Tred Avon Family Wealth LLC increased its stake in Alphabet by 4.2% during the fourth quarter. Tred Avon Family Wealth LLC now owns 13,945 shares of the information services provider’s stock valued at $4,365,000 after acquiring an additional 564 shares during the period. Revisor Wealth Management LLC raised its holdings in Alphabet by 31.6% in the 4th quarter. Revisor Wealth Management LLC now owns 10,935 shares of the information services provider’s stock valued at $3,563,000 after acquiring an additional 2,628 shares in the last quarter. Magnolia Capital Management Ltd. acquired a new position in Alphabet in the 4th quarter valued at approximately $232,000. Finally, Cannon Wealth Management Services LLC lifted its position in shares of Alphabet by 10.1% in the 4th quarter. Cannon Wealth Management Services LLC now owns 3,450 shares of the information services provider’s stock worth $1,080,000 after acquiring an additional 317 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Trading Up 1.4%

Shares of GOOGL stock opened at $388.46 on Wednesday. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $4.70 trillion, a P/E ratio of 29.63, a P/E/G ratio of 1.71 and a beta of 1.26. Alphabet Inc. has a 12-month low of $147.84 and a 12-month high of $392.82. The firm has a 50-day moving average price of $315.19 and a 200 day moving average price of $309.67.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.64 by $2.47. The company had revenue of $109.90 billion during 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%. Research analysts forecast that Alphabet Inc. will post 13.58 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be issued a dividend of $0.22 per share. The ex-dividend date is Monday, June 8th. This is a boost from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is currently 6.41%.

Insiders Place Their Bets

In related news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total transaction of $348,232.50. Following the transaction, the director owned 3,581 shares in the company, valued at $1,187,638.65. This represents a 22.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the sale, the chief accounting officer owned 9,918 shares of the company’s stock, valued at $2,955,564. The trade was a 8.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 158,553 shares of company stock valued at $47,951,856. 11.61% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Roth Mkm reissued a “buy” rating on shares of Alphabet in a report on Thursday, April 30th. Guggenheim reaffirmed a “buy” rating and issued a $450.00 target price (up from $375.00) on shares of Alphabet in a research report on Thursday, April 30th. Evercore boosted their price target on shares of Alphabet from $400.00 to $420.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. HSBC increased their price objective on shares of Alphabet from $385.00 to $435.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $405.94.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Anthropic reportedly committed to a multiyear, very large cloud deal with Google — a reported $200 billion spend over five years would lock in massive Google Cloud revenue and capacity demand. Anthropic commits to spending $200 billion on Google’s cloud and chips, The Information reports
• Positive Sentiment: Wall Street momentum: multiple firms raised price targets and reaffirmed buy ratings after strong Q1 (Daiwa, President Capital, New Street, China Renaissance, Citizens/JMP and JPMorgan reaffirmations), supporting upside expectations. Daiwa Securities adjusts price target on Alphabet to $445
• Positive Sentiment: Strategic product/compute move: reports that Google will sell TPUs directly point to a push to capture more AI-infrastructure economics (good for Google Cloud revenue and a competitive play versus NVIDIA). This underpins investor enthusiasm about verticalizing AI stack revenue. Google Moves to Sell TPUs Directly: A Major Shift That Might Pressure NVIDIA’s AI Compute Dominance
• Positive Sentiment: Capital markets vote of confidence: Alphabet’s large euro bond sale saw strong demand, easing funding for its AI capex push and signaling solid investor appetite for its balance-sheet strategy. Alphabet taps euro bond market with six-tranche offering
• Positive Sentiment: Operational traction: multiple write-ups note Google Cloud growth outpacing competitors and a rising cloud backlog — supports durable revenue growth above advertising. Alphabet’s Google Cloud growth outpaces AWS and Azure
• Neutral Sentiment: U.S. security reviews / stress tests: the U.S. government’s expanded access to unreleased models (including Google/DeepMind) for risk assessments increases scrutiny but could also accelerate standards that favor larger, compliant players. What we know about US stress tests of Google, xAI and Microsoft AI models
• Negative Sentiment: Regulatory/data-risk flag: a senior Google scientist warned EU proposals to force data-sharing with rivals (e.g., for search) could expose user data — this signals material regulatory risk to Google’s core search model and revenue if rules tighten. Top Google scientist says EU data measures pose privacy risk for users
• Negative Sentiment: Labor and reputational risks: DeepMind/Google AI staff in the UK have voted to unionize and are protesting military-related contracts — potential for workplace disruption and reputational/headline risk during a sensitive regulatory period. UK Google DeepMind employees vote to unionize over its AI military deals
• Negative Sentiment: Traffic-referral implications: Reach PLC reports a drop in digital revenue tied to weaker Google search/referral traffic — a reminder that changes to search/referral dynamics can affect publisher ecosystems (and could presage volatility in search-related monetization trends). Reach revenue falls as Google traffic slump continues to hit digital income
• Negative Sentiment: Analyst downgrade: Freedom Capital cut its rating to “hold,” a counterpoint to multiple buy/rating upgrades and a reminder some firms are taking profits or noting valuation/capex risks. Freedom Capital downgrade to hold (Zacks)

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.