Alphabet Inc. $GOOGL Stake Decreased by Pacific Wealth Strategies Group Inc.

Pacific Wealth Strategies Group Inc. trimmed its stake in Alphabet Inc. (NASDAQ:GOOGL) by 10.9% in the first quarter, Holdings Channel.com reports. The firm owned 27,328 shares of the information services provider’s stock after selling 3,340 shares during the quarter. Alphabet comprises about 4.9% of Pacific Wealth Strategies Group Inc.’s portfolio, making the stock its 5th largest position. Pacific Wealth Strategies Group Inc.’s holdings in Alphabet were worth $7,858,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet during the 4th quarter worth $32,000. EMC Capital Management purchased a new stake in Alphabet during the fourth quarter valued at about $33,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Alphabet in the 4th quarter valued at about $38,000. Bard Associates Inc. purchased a new stake in shares of Alphabet during the 4th quarter worth about $52,000. Finally, Kentucky Trust Co grew its holdings in shares of Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock worth $53,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on GOOGL. Stifel Nicolaus set a $420.00 price target on shares of Alphabet and gave the company a “buy” rating in a report on Thursday, April 30th. Citizens Jmp reiterated a “market outperform” rating and set a $515.00 price objective on shares of Alphabet in a research note on Wednesday, July 22nd. Wolfe Research dropped their price objective on shares of Alphabet from $390.00 to $360.00 and set an “outperform” rating for the company in a research report on Friday, April 10th. Wedbush reaffirmed an “outperform” rating and set a $445.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Citigroup reissued an “outperform” rating on shares of Alphabet in a research report on Monday, May 4th. Six research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $419.86.

Insider Activity

In related news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the sale, the director directly owned 1,481 shares of the company’s stock, valued at $545,941.03. This represents a 41.49% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 transaction of $3,142,911.42. Following the transaction, the insider directly owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 600,465 shares of company stock worth $16,228,202. 11.61% of the stock is currently owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s latest quarter continued to support the long-term growth case: revenue rose 24% to $119.8 billion, Google Cloud growth accelerated to 82%, cloud operating income more than tripled, and its backlog reached $514 billion. Search revenue also grew 17%, easing concerns that AI tools are undermining the core advertising business. Alphabet quarter and valuation analysis
• Positive Sentiment: Investor enthusiasm is being supported by Alphabet’s potential to commercialize its internally developed AI chips, with initial external revenue reportedly expected by year-end. Analysts and value investors remain constructive; KeyCorp maintains an “Overweight” rating and a $445 target, while Phillip Securities upgraded Alphabet to “strong buy.” Alphabet AI silicon opportunity
• Positive Sentiment: Google is expanding its Play Signal age-assurance technology worldwide by the end of 2026, potentially strengthening Android’s safety tools and developer ecosystem. Waymo also began restoring freeway service, a sign of progress after earlier operational restrictions. Google age-assurance technology
• Neutral Sentiment: Analyst estimates were mixed: KeyCorp raised its full-year 2026 EPS forecast substantially but trimmed quarterly and 2027 estimates slightly, while Erste Group lifted its 2027 forecast. This indicates strong near-term expectations but uncertainty about longer-term spending and profitability.
• Negative Sentiment: The main pressure remains Alphabet’s planned $195 billion–$205 billion of 2026 capital spending. Quarterly capital expenditures reached $44.9 billion and free cash flow turned negative, prompting investors to question whether AI infrastructure returns will justify the investment. Alphabet AI spending concerns
• Negative Sentiment: Additional risks include renewed fears that lower-cost AI models could pressure technology valuations, potential European private damages claims following Google’s $1 billion fine, and reports of a DeepMind research-team restructuring. Recent insider and major-shareholder sales are also a modest sentiment headwind, although they do not necessarily signal deteriorating fundamentals. Google European damages risk

Alphabet Stock Performance

Shares of GOOGL stock opened at $336.71 on Thursday. Alphabet Inc. has a 12 month low of $187.82 and a 12 month high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The firm has a market capitalization of $4.08 trillion, a P/E ratio of 16.91, a P/E/G ratio of 0.95 and a beta of 1.24. The company’s fifty day moving average price is $359.40 and its two-hundred day moving average price is $339.14.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. On average, research analysts anticipate that Alphabet Inc. will post 20.15 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.

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.