14B Captial Management LP Makes New $626,000 Investment in Alphabet Inc. $GOOGL

14B Captial Management LP bought a new position in Alphabet Inc. (NASDAQ:GOOGL) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 2,000 shares of the information services provider’s stock, valued at approximately $626,000. Alphabet accounts for approximately 0.5% of 14B Captial Management LP’s portfolio, making the stock its 17th largest holding.

Other large investors have also added to or reduced their stakes in the company. PMV Capital Advisers LLC bought a new position in Alphabet in the fourth quarter worth about $38,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Alphabet during the fourth quarter valued at about $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet during the fourth quarter valued at about $52,000. Kentucky Trust Co increased its holdings in shares of Alphabet by 142.9% during the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock valued at $53,000 after acquiring an additional 100 shares in the last quarter. Finally, iSAM Funds UK Ltd acquired a new position in shares of Alphabet during the third quarter valued at about $53,000. 40.03% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Alphabet news, insider John Kent Walker sold 8,993 shares of the firm’s stock in a transaction on Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the sale, the insider directly owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This trade represents a 14.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $381.00, for a total value of $38,862.00. Following the completion of the sale, the director directly owned 18,721 shares of the company’s stock, valued at $7,132,701. This trade represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 159,466 shares of company stock worth $6,957,543. 11.61% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on GOOGL. Evercore upped their price objective on shares of Alphabet from $400.00 to $420.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. CICC Research upped their price objective on shares of Alphabet from $388.00 to $407.91 and gave the company an “outperform” rating in a report on Friday, May 1st. Wolfe Research cut their price target on shares of Alphabet from $390.00 to $360.00 and set an “outperform” rating on the stock in a report on Friday, April 10th. President Capital increased their price target on shares of Alphabet from $375.00 to $465.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Stifel Nicolaus set a $420.00 price target on shares of Alphabet and gave the stock a “buy” rating in a report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and a consensus price target of $413.13.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Google Cloud is gaining momentum, with HSBC announcing a multi-year partnership to expand its AI usage on Google Cloud, and another AI startup, Ineffable Intelligence, choosing Google Cloud as its preferred infrastructure partner. These deals reinforce Alphabet’s position in enterprise AI and cloud growth. HSBC partners with Google Cloud to expand AI usage
• Positive Sentiment: Google also unveiled a new Gemini-powered Google Home Speaker and broader Android 17/Gemini updates, highlighting continued product rollout across consumer devices and AI features that could support ecosystem engagement over time. Google bets on Gemini to reinvent the smart home speaker
• Positive Sentiment: At the G7, Google DeepMind’s Demis Hassabis joined other AI leaders in calling for a U.S.-led AI coalition, underscoring Alphabet’s influence in shaping the AI industry and keeping Google front and center in policy discussions. CEOs of Anthropic and Google DeepMind call for U.S.-led AI coalition in meeting at G7
• Neutral Sentiment: Analysts and commentary pieces remain mixed, with some still bullish on Alphabet’s AI and cloud growth while others warn that heavy capital spending, competition, and a stretched valuation could limit upside near term. Alphabet Drops 6% in a Month: Buy, Sell, or Hold the GOOGL Stock?
• Negative Sentiment: Alphabet faces fresh regulatory pressure in the U.K., where the competition watchdog set conduct requirements for Google Search to increase fairness and transparency in ranking results. That adds to worries about search monetization and long-term control over its core business. UK regulator sets out conduct requirements for Google’s search services

Alphabet Trading Down 2.5%

Alphabet stock opened at $363.79 on Thursday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $162.00 and a 12 month high of $408.61. The stock’s 50 day simple moving average is $364.75 and its two-hundred day simple moving average is $331.35. The firm has a market cap of $4.41 trillion, a PE ratio of 27.75, a P/E/G ratio of 1.60 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. Analysts anticipate that Alphabet Inc. will post 14.3 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, June 8th. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is 6.71%.

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.