Fulcrum Capital LLC Has $23.13 Million Stock Holdings in Alphabet Inc. $GOOGL

Fulcrum Capital LLC lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 20.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,440 shares of the information services provider’s stock after selling 20,106 shares during the period. Alphabet accounts for 5.0% of Fulcrum Capital LLC’s holdings, making the stock its 4th biggest holding. Fulcrum Capital LLC’s holdings in Alphabet were worth $23,131,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the 4th quarter worth about $32,000. EMC Capital Management acquired a new stake in shares of Alphabet in the fourth quarter valued at about $33,000. PMV Capital Advisers LLC acquired a new stake in shares of Alphabet in the fourth quarter valued at about $38,000. IFC & Insurance Marketing Inc. bought a new position in shares of Alphabet during the fourth quarter worth about $38,000. Finally, Bard Associates Inc. bought a new position in shares of Alphabet during the fourth quarter worth about $52,000. Institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wall Street remains broadly bullish on Alphabet, with multiple reports citing strong cloud growth, AI-driven momentum in Search and YouTube, and price targets still above current trading levels. Article Title
• Positive Sentiment: Analysts say Alphabet could post a strong Q2, helped by Google Cloud strength and the value of its Anthropic stake, which may support upside if earnings beat expectations. Article Title
• Neutral Sentiment: Investors are also positioning for Alphabet’s upcoming earnings report, with options traders expecting a sizable move, indicating that the stock may stay volatile into the release. Article Title
• Negative Sentiment: Bloomberg-reported delays to Gemini 3.5 Pro have sparked fears that Google is lagging in AI, with concerns that the model’s coding performance fell short of internal goals. Article Title
• Negative Sentiment: Alphabet is facing added regulatory pressure after the EU ordered it to open Android and search data to rival AI companies, and a San Francisco order to remove “nudify” apps from app stores adds to the broader legal overhang. Article Title
• Negative Sentiment: Securities-fraud investigation headlines are creating an additional near-term overhang, even though these are still allegations and not a proven finding of wrongdoing. Article Title

Insider Activity at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $341.72, for a total transaction of $153,432.28. Following the completion of the sale, the chief accounting officer owned 27,348 shares in the company, valued at approximately $9,345,358.56. This trade represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 8,998 shares of the firm’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the sale, the insider directly owned 75,290 shares of the company’s stock, valued at $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 159,415 shares of company stock valued at $7,672,279 over the last three months. Insiders own 11.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on GOOGL. Arete Research upped their target price on Alphabet from $405.00 to $425.00 and gave the company a “buy” rating in a report on Monday, May 18th. Oppenheimer increased their target price on shares of Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Evercore raised their price target on shares of Alphabet from $400.00 to $420.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Rosenblatt Securities restated a “neutral” rating and issued a $393.00 price target on shares of Alphabet in a research report on Thursday, May 21st. Finally, Citigroup reaffirmed an “outperform” rating on shares of Alphabet in a research note on Monday, May 4th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $414.11.

Alphabet Price Performance

Shares of Alphabet stock opened at $346.77 on Monday. The firm has a market cap of $4.20 trillion, a price-to-earnings ratio of 26.45, a PEG ratio of 1.44 and a beta of 1.24. Alphabet Inc. has a one year low of $183.71 and a one year high of $408.61. The stock’s 50-day moving average is $368.89 and its 200 day moving average is $338.14. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.98 billion. Equities research analysts anticipate that Alphabet Inc. will post 14.33 EPS for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were issued a $0.22 dividend. This is a boost from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, June 8th. Alphabet’s dividend payout ratio is 6.71%.

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.