Octavia Wealth Advisors LLC Trims Stock Holdings in Alphabet Inc. $GOOG

Octavia Wealth Advisors LLC trimmed its position in Alphabet Inc. (NASDAQ:GOOG) by 10.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,327 shares of the information services provider’s stock after selling 2,437 shares during the period. Alphabet accounts for 0.6% of Octavia Wealth Advisors LLC’s portfolio, making the stock its 29th biggest position. Octavia Wealth Advisors LLC’s holdings in Alphabet were worth $6,378,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GOOG. Brighton Jones LLC lifted its position in Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after acquiring an additional 6,410 shares during the period. Worldquant Millennium Advisors LLC lifted its position in Alphabet by 76.2% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider’s stock valued at $330,886,000 after acquiring an additional 806,681 shares during the period. Darwin Wealth Management LLC purchased a new position in Alphabet during the 2nd quarter valued at about $658,000. Financial Advisors Network Inc. lifted its position in Alphabet by 7.7% during the 2nd quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider’s stock valued at $1,409,000 after acquiring an additional 565 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its position in Alphabet by 10.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider’s stock valued at $6,618,000 after acquiring an additional 3,616 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out a new set of AI agent tools and an enterprise Gemini Agent platform to compete with Anthropic and OpenAI — a direct monetization push for Google Cloud that boosts expectations for faster enterprise adoption. Google launches new AI agent tools
• Positive Sentiment: Alphabet unveiled eighth‑gen TPUs split into TPU 8t (training) and TPU 8i (inference) to cut model costs and differentiate Google Cloud from Nvidia — a strategic infrastructure move that could improve margins and attract large AI workloads. Google Cloud launches two new AI chips
• Positive Sentiment: Thinking Machines Lab signed a multi‑billion dollar deal to expand on Google Cloud’s AI infrastructure, validating demand for Cloud’s GPU/TPU capacity and pipeline revenue potential. Thinking Machines multi‑billion deal
• Positive Sentiment: Merck announced a multi‑year partnership that could direct up to $1B of AI infrastructure and engineering spend to Google Cloud — a large, high‑visibility enterprise win. Merck to partner with Google Cloud
• Positive Sentiment: BMO raised its price target and called Alphabet a go‑to way to own AI, a notable sell‑side endorsement that can lift sentiment and flows into the stock. BMO raises target to $410
• Neutral Sentiment: Google added AI automation to Workspace and built Chrome features for enterprises — product progress that supports long‑term monetization but has uncertain near‑term revenue impact. Google updates Workspace
• Neutral Sentiment: Google partnered with Cadence to accelerate automated chip design (Gemini integration) — strategically relevant for in‑house silicon efforts, but timing and revenue contribution remain uncertain. Google partners with Cadence
• Negative Sentiment: Large reported institutional reductions (several fund 13F filings show big cuts to GOOG/GOOGL positions), which can create short‑term selling pressure even if driven by rebalancing. Janney 13F reduction
• Negative Sentiment: Insider selling (disclosed director sale of ~1,050 shares) adds to negative optics for some investors, though the trade size is small versus Alphabet’s market cap. Insider sale filing

Alphabet Trading Up 2.2%

NASDAQ:GOOG opened at $337.73 on Thursday. The company’s 50 day moving average price is $306.97 and its 200-day moving average price is $303.75. Alphabet Inc. has a 52 week low of $149.49 and a 52 week high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $4.09 trillion, a price-to-earnings ratio of 31.24, a PEG ratio of 2.05 and a beta of 1.13.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. 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. During the same quarter in the prior year, the company posted $2.15 earnings per share. The business’s revenue for the quarter was up 18.0% on a year-over-year basis. On average, equities research analysts forecast that Alphabet Inc. will post 11.53 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. Alphabet’s payout ratio is currently 7.77%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on GOOG shares. Phillip Securities downgraded Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research note on Wednesday, April 15th. JPMorgan Chase & Co. upped their price target on Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Jefferies Financial Group restated a “buy” rating and issued a $365.00 price target on shares of Alphabet in a research note on Monday, January 5th. DZ Bank upgraded Alphabet to a “strong-buy” rating in a research note on Monday, February 16th. Finally, Needham & Company LLC set a $400.00 price target on Alphabet and gave the stock a “buy” rating in a research note on Friday, March 13th. Eight analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $347.16.

Insider Transactions at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the business’s 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 owned 4,631 shares in the company, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 2,037,294 shares of company stock valued at $94,216,897. Insiders own 12.99% of the company’s stock.

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.