XML Financial LLC Has $10.36 Million Position in Alphabet Inc. $GOOGL

XML Financial LLC boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 6.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,035 shares of the information services provider’s stock after acquiring an additional 2,155 shares during the period. XML Financial LLC’s holdings in Alphabet were worth $10,362,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GOOGL. Lifetime Wealth Management P.C. acquired a new position in shares of Alphabet in the 4th quarter valued at approximately $32,000. EMC Capital Management bought a new position in Alphabet in the fourth quarter valued at approximately $33,000. PMV Capital Advisers LLC bought a new position in Alphabet in the fourth quarter valued at approximately $38,000. IFC & Insurance Marketing Inc. acquired a new position in Alphabet during the fourth quarter valued at approximately $38,000. Finally, Bard Associates Inc. acquired a new position in Alphabet during the fourth quarter valued at approximately $52,000. 40.03% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. KeyCorp reaffirmed an “overweight” rating and issued a $425.00 target price on shares of Alphabet in a report on Wednesday, May 20th. CICC Research upped their price objective on Alphabet from $388.00 to $407.91 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Royal Bank Of Canada set a $425.00 price objective on Alphabet and gave the company an “outperform” rating in a research note on Thursday, April 30th. Needham & Company LLC reaffirmed a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a research note on Wednesday, June 3rd. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $390.00 target price (up from $345.00) on shares of Alphabet in a research report on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $413.13.

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 102 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $381.00, for a total transaction of $38,862.00. Following the sale, the director directly owned 18,721 shares of the company’s stock, valued at $7,132,701. The trade was a 0.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 617 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the transaction, the chief accounting officer owned 10,093 shares of the company’s stock, valued at approximately $2,923,235.59. This trade represents a 5.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 151,523 shares of company stock valued at $4,863,526. 11.61% of the stock is currently owned by company insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet was announced as the replacement for Verizon in the Dow Jones Industrial Average, a high-profile index inclusion that can boost demand from index funds and improve investor sentiment. Alphabet replacing Verizon in Dow Jones Industrial Average index
• Positive Sentiment: Google Finance launched a new app and expanded portfolio-tracking tools, adding another product update that could support engagement across Google’s financial services ecosystem. Google Finance Debuts App and Investment Tracking Capabilities
• Neutral Sentiment: Several reports noted Alphabet remains a favored large-cap tech name among some investors and that the stock had previously benefited from the Dow inclusion announcement.
• Negative Sentiment: News that multiple AI researchers are leaving Google for rivals such as Anthropic and OpenAI is pressuring sentiment, as investors worry about talent retention and competitive pressure in AI. Alphabet Shares Fall After Report on Further AI Talent Departures
• Negative Sentiment: Additional coverage of Google’s “brain drain” and reports that Gemini 3.5 Pro was delayed to July add to concerns that Alphabet may be losing ground in the AI race. Google delays Gemini 3.5 Pro launch to July as it tweaks its new frontier AI model
• Negative Sentiment: The broader selloff also reflects anxiety around AI execution and competition, with investors reacting to talent departures and delays rather than the company’s longer-term fundamentals.

Alphabet Stock Down 0.5%

Shares of NASDAQ:GOOGL opened at $343.71 on Friday. Alphabet Inc. has a 52-week low of $169.94 and a 52-week high of $408.61. The company has a market capitalization of $4.16 trillion, a PE ratio of 26.22, a price-to-earnings-growth ratio of 1.48 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The company has a fifty day moving average of $368.94 and a 200-day moving average of $332.85.

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

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, June 8th. This is a positive change 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%. 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.