Alphabet Inc. $GOOGL Shares Sold by BigSur Wealth Management LLC

BigSur Wealth Management LLC decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 11.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,336 shares of the information services provider’s stock after selling 3,700 shares during the quarter. Alphabet accounts for approximately 2.1% of BigSur Wealth Management LLC’s holdings, making the stock its 9th biggest position. BigSur Wealth Management LLC’s holdings in Alphabet were worth $8,556,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. State Street Corp boosted its holdings in shares of Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after purchasing an additional 4,008,374 shares during the period. Capital World Investors increased its stake in Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock valued at $12,910,542,000 after buying an additional 11,605,785 shares during the period. Capital Research Global Investors increased its stake in Alphabet by 15.7% in the 3rd quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider’s stock valued at $12,333,076,000 after buying an additional 6,874,381 shares during the period. Invesco Ltd. lifted its position in Alphabet by 2.3% in the 3rd quarter. Invesco Ltd. now owns 45,186,112 shares of the information services provider’s stock worth $10,984,744,000 after buying an additional 1,034,292 shares in the last quarter. Finally, Legal & General Group Plc lifted its position in Alphabet by 1.0% in the 3rd quarter. Legal & General Group Plc now owns 39,250,829 shares of the information services provider’s stock worth $9,541,877,000 after buying an additional 392,547 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud is outgrowing AWS and Azure — Cloud revenue and backlog surged (Cloud growth ~63% in Q1; backlog nearly doubled), supporting higher long?term revenue and margins for Alphabet. Alphabet’s Google Cloud growth outpaces AWS and Azure
• Positive Sentiment: Q1 beat and backlog surge: Alphabet reported stronger?than?expected EPS/revenue and a hefty cloud backlog, giving analysts room to lift targets and implying continued earnings momentum. Alphabet Inc. 2026 Q1 – Results – Earnings Call Presentation
• Positive Sentiment: Multiple analyst upgrades and higher price targets (JPMorgan reaffirmed buy; several firms raised targets, including a large bump from Citizens/JMP), which supports upside expectations and likely underpins buying interest. Google closes in on Nvidia. Why Alphabet stock remains JP Morgan’s top overall pick
• Positive Sentiment: Big long?term optionality via Waymo and autonomous investments — sizable VC/strategic funding into Waymo reinforces Alphabet’s exposure to a potentially high?value mobility business. Big money is betting the self-driving future belongs to a small club
• Positive Sentiment: Market narrative: Alphabet is highlighted among top AI investment ideas — positive attention that can attract flows into GOOGL as AI leadership becomes the investment theme. Here is Why Alphabet (GOOGL) Is Among the Most Promising AI Stocks to Invest In
• Neutral Sentiment: Chip demand tailwind but higher capex: Google’s planned ~$190B AI buildout boosts demand for semiconductors (positive for suppliers) but signals very large capex that could pressure free cash flow in the near term. 3 Semiconductor Stocks Poised to Gain as Google Eyes $190B AI Buildout
• Neutral Sentiment: Minor insider activity: a director sold about $38k of stock — small and routine, not a clear signal of management sentiment. Alphabet (NASDAQ:GOOGL) Director Sells $37,842.00 in Stock
• Negative Sentiment: Infrastructure headwind: Denmark paused new data?center connections due to grid strain — a reminder of regulatory and power constraints that can slow data?center expansion and raise costs for cloud scaling. Denmark faces data center reckoning as power grid overwhelmed by surging demand

Insiders Place Their Bets

In other news, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the sale, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 191,053 shares of company stock valued at $58,845,206 in the last three months. 11.61% of the stock is owned by corporate insiders.

Alphabet Stock Down 0.6%

GOOGL stock opened at $383.25 on Tuesday. The stock has a market capitalization of $4.64 trillion, a price-to-earnings ratio of 29.23, a price-to-earnings-growth ratio of 1.80 and a beta of 1.26. The company has a 50-day moving average of $313.72 and a two-hundred day moving average of $308.70. Alphabet Inc. has a 52-week low of $147.84 and a 52-week high of $387.38. 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 data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share 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 during the quarter, compared to analysts’ expectations of $106.98 billion. As a group, equities research analysts anticipate that Alphabet Inc. will post 12.94 EPS for the current year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be given a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is presently 6.41%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on GOOGL shares. Robert W. Baird boosted their price target on shares of Alphabet from $380.00 to $400.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Bank of America lifted their price objective on Alphabet from $370.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Canaccord Genuity Group upped their target price on Alphabet from $415.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Morgan Stanley lifted their price target on Alphabet from $330.00 to $375.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Needham & Company LLC increased their price objective on Alphabet from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $402.96.

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.