Leo Wealth LLC Acquires 3,676 Shares of Alphabet Inc. $GOOGL

Leo Wealth LLC grew its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 15.3% during the fourth quarter, Holdings Channel reports. The fund owned 27,680 shares of the information services provider’s stock after purchasing an additional 3,676 shares during the period. Leo Wealth LLC’s holdings in Alphabet were worth $8,664,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GOOGL. Brighton Jones LLC grew its holdings in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after acquiring an additional 4,110 shares during the period. Revolve Wealth Partners LLC grew 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 worth $2,826,000 after acquiring an additional 506 shares during the period. Matrix Asset Advisors Inc. NY grew its holdings in shares of Alphabet by 17.6% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after acquiring an additional 581 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Alphabet by 11.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after acquiring an additional 48,805 shares during the period. Finally, United Bank grew its holdings in shares of Alphabet by 6.9% during the 2nd quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after acquiring an additional 3,120 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Several brokerages raised ratings and targets for Alphabet, boosting investor confidence (Phillip Securities raised its price target to $395). Phillip Securities Adjusts Price Target on Alphabet to $395
• Positive Sentiment: Citi raised its price target to the low-$400s and put Alphabet on a 90-day catalyst watch, highlighting near-term product/event catalysts ahead of Q1 results. Wall Street sets Google stock price target for the next 12 months
• Positive Sentiment: Stifel Nicolaus published a buy on GOOGL (supporting demand for the shares). Alphabet Class A (GOOGL) Receives a Buy from Stifel Nicolaus
• Positive Sentiment: Analysts and outlets are flagging Alphabet as a top long-term/momentum AI play and noting an impressive history of earnings surprises — supporting expectations for another beat. Will Alphabet (GOOGL) Beat Estimates Again?
• Positive Sentiment: Partnerships and ecosystem wins (e.g., expanded GitLab integration with Google Cloud) underline GCP traction and recurring-revenue opportunities for cloud customers. GitLab Stock Jumps on Google Cloud Boost
• Neutral Sentiment: Market-level commentary notes a broader tech/Nasdaq rebound and that many investors remain underexposed, which can amplify inflows into large-cap AI leaders like Alphabet. The Bull Case Is Strengthening
• Neutral Sentiment: Coverage and price-target moves are concentrated ahead of the April 29 Q1 report, so short-term volatility could increase around that catalyst. Wall Street sets Google stock price target for the next twelve months
• Negative Sentiment: Regulatory risk resurfaced as rival app store Aptoide sued Google, alleging anti-competitive app distribution and billing practices — a fresh antitrust legal overhang. Google sued by rival app store Aptoide
• Negative Sentiment: Competitive threats to ad revenue (notably from Meta) and reports about structural shifts in the ad market could pressure growth long term. Zuckerberg Is Dangerously Close To Cracking Google’s Money Machine
• Negative Sentiment: Security/ad-integrity concerns (HUMAN’s report on AI-driven ad fraud/scareware) pose reputational and monetization risks for Google’s content-distribution channels. HUMAN’s Satori Researchers Identify Novel Ad Fraud
• Negative Sentiment: Some reports also note Stifel lowered expectations in an alternate notice, highlighting that not all analyst commentary is uniformly bullish — a reminder of mixed analyst views. Stifel Nicolaus Has Lowered Expectations for Alphabet

Alphabet Stock Performance

Alphabet stock opened at $337.12 on Thursday. 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 company has a market capitalization of $4.08 trillion, a P/E ratio of 31.19, a PEG ratio of 2.05 and a beta of 1.12. The stock’s 50 day moving average is $306.35 and its 200 day moving average is $300.43. Alphabet Inc. has a twelve month low of $146.10 and a twelve month high of $349.00.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share 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 for the quarter, compared to the consensus estimate of $111.24 billion. On average, equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares in the company, valued at approximately $505,573,853.40. This trade represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John Kent Walker sold 8,993 shares of the stock in a transaction on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the sale, the insider owned 51,808 shares in the company, valued at approximately $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,068,744 shares of company stock worth $104,505,914. Insiders own 11.64% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on GOOGL. Pivotal Research upped their target price on Alphabet from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating and set a $400.00 target price on shares of Alphabet in a report on Thursday, February 5th. Roth Mkm upped their target price on Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. restated a “buy” rating on shares of Alphabet in a research note on Monday, February 9th. Finally, Jefferies Financial Group upped their price target on Alphabet from $365.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $367.62.

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.