Alphabet Inc. $GOOGL Stake Decreased by Sendero Wealth Management LLC

Sendero Wealth Management LLC reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 93,304 shares of the information services provider’s stock after selling 3,748 shares during the quarter. Alphabet accounts for approximately 3.2% of Sendero Wealth Management LLC’s portfolio, making the stock its 6th largest position. Sendero Wealth Management LLC’s holdings in Alphabet were worth $29,204,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in shares of Alphabet by 3.9% in the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after purchasing an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings 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 valued at $2,826,000 after buying an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY lifted its position 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 worth $685,000 after buying an additional 581 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position 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 boosted its stake in Alphabet by 6.9% in the second 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 hedge funds and other institutional investors.

Insiders Place Their Bets

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,092,234 shares of company stock worth $112,487,971. Company insiders own 11.55% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Veo 3.1 Lite, a lower‑cost video AI model aimed at broadening developer adoption by delivering similar speed at under half the cost versus premium models — a direct product push that could expand AI usage and cloud/compute revenue. Google Unveils Cheaper AI Video Model to Expand Adoption
• Positive Sentiment: Market reaction was aided by a geopolitical tailwind: shares jumped after reports President Trump signaled a willingness to end the multi‑week conflict with Iran, reducing risk‑off pressure on mega‑cap tech stocks. Alphabet (GOOGL) Stock Trades Up, Here Is Why
• Positive Sentiment: Needham reiterated a Buy on GOOGL with a $400 price target, reinforcing bullish analyst sentiment and providing an upside anchor for investors. Needham Reiterates Buy on Alphabet Inc. (GOOGL) With $400 Price Target
• Positive Sentiment: Reports show high‑profile investors adding to positions (e.g., Stanley Druckenmiller), and coverage that highlights Alphabet as a core AI/cloud compounder — both support demand and sentiment. Billionaire Stanley Druckenmiller Piled Into 2 of the Hottest AI Stocks for a Second Consecutive Quarter
• Neutral Sentiment: Alphabet remains featured in thematic AI/cloud roundups (cloud backlog growth and strong Q4 cloud revenue cited), underscoring long‑term structural demand even as near‑term volatility persists. 5 Cloud and AI Infrastructure Stocks Powering the Next Wave of AI
• Neutral Sentiment: Alphabet issued very long‑dated debt (100‑year issuance), a financing move that locks cheap funding long‑term but has mixed near‑term implications for capital allocation. Alphabet Taps Debt Markets With 100-Year Issuance
• Neutral Sentiment: Product/UX updates around Gmail and crypto wallet integrations were highlighted in recent coverage; this flags product complexity in crypto flows but is not yet a clear revenue catalyst. New Gmail update highlights major crypto wallet struggle
• Negative Sentiment: Regulatory risk: Indonesia summoned Google over non‑compliance with new child social media curbs, highlighting widening global regulatory scrutiny that could increase compliance costs or product restrictions abroad. Indonesia summons Meta and Google over non-compliance with child social media curbs, minister says
• Negative Sentiment: Publishers such as Future PLC blamed recent Google search changes for pressure on higher‑margin ad revenues, a reminder that platform shifts can disrupt partners and attract criticism/regulatory attention. Future shares flop on profit warning as Google search changes hit ad revenues

Alphabet Trading Up 5.1%

NASDAQ GOOGL opened at $287.56 on Wednesday. The stock has a market cap of $3.48 trillion, a P/E ratio of 26.60, a price-to-earnings-growth ratio of 1.60 and a beta of 1.10. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The stock has a 50 day simple moving average of $311.25 and a two-hundred day simple moving average of $295.96. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. On average, analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Alphabet from $370.00 to $390.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Truist Financial set a $385.00 target price on shares of Alphabet in a report on Thursday, February 5th. Wedbush lifted their target price on shares of Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Needham & Company LLC reissued a “buy” rating and issued a $400.00 price target on shares of Alphabet in a research note on Friday, March 27th. Finally, Wolfe Research upped their price target on shares of Alphabet from $380.00 to $390.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. Three research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $368.06.

About Alphabet

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.