SRS Capital Advisors Inc. Buys 14,775 Shares of Alphabet Inc. (NASDAQ:GOOGL)

SRS Capital Advisors Inc. Buys 14,775 Shares of Alphabet Inc. (NASDAQ:GOOGL)

  • 16.03.2025 00:00
  • etfdailynews.com
  • Keywords: High, Low

SRS Capital Advisors Inc. increased its stake in Alphabet Inc. by purchasing 14,775 shares, raising ownership to 32,382 shares worth $6.13 million. Other major institutions also boosted their holdings in Alphabet during the same period.

Alphabet ServicesSTT/PGsentiment_satisfiedJPM/PJsentiment_satisfiedWFC/PYsentiment_neutralBAC/PNsentiment_satisfiedGOOGLsentiment_dissatisfied

Estimated market influence

SRS Capital Advisors Inc.

Positivesentiment_satisfied
Analyst rating: N/A

Grew its stake in Alphabet by 83.9% in the fourth quarter and purchased additional shares.

State Street Corp

Positivesentiment_satisfied
Analyst rating:

Increased their stake by 0.3% in the third quarter, purchasing more shares.

Geode Capital Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

Raised its position by 2.0% in the third quarter, buying additional shares.

JPMorgan Chase & Co.

Positivesentiment_satisfied
Analyst rating:

Increased their stake by 7.7% in the third quarter, purchasing more shares.

Fisher Asset Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

Grew its position by 1.5% in the fourth quarter and bought additional shares.

Charles Schwab Investment Management Inc.

Positivesentiment_satisfied
Analyst rating: N/A

Increased their stake by 1.4% in the third quarter, purchasing more shares.

Robert W. Baird

Positivesentiment_satisfied
Analyst rating: N/A

Reaffirmed an 'outperform' rating and set a price objective on Alphabet.

Wells Fargo & Company

Neutralsentiment_neutral
Analyst rating:

Raised their price target but maintained an 'equal weight' rating.

Wolfe Research

Positivesentiment_satisfied
Analyst rating: N/A

Increased their target price and gave an 'outperform' rating.

Needham & Company LLC

Positivesentiment_satisfied
Analyst rating: N/A

Reissued a 'buy' rating and set a price objective on Alphabet.

Bank of America

Positivesentiment_satisfied
Analyst rating:

Restated a 'buy' rating and set a target price on Alphabet.

Alphabet Inc.

Alphabet Inc.

Negativesentiment_dissatisfied
Analyst rating: Buy

Insider transactions show that insiders sold shares, indicating potential lack of confidence.

Context

Business Insights and Market Implications Analysis

Key Facts and Data Points

  • SRS Capital Advisors Inc. Investment:

    • Increased stake in Alphabet by 83.9% in Q4.
    • Purchased an additional 14,775 shares, totaling 32,382 shares.
    • Holdings worth $6,130,000 as of the latest SEC filing.
  • Institutional Ownership Trends:

    • State Street Corp increased holdings by 0.3%, owning 222,555,548 shares valued at $36,910,838,000.
    • Geode Capital Management LLC raised position by 2.0%, holding 134,030,679 shares worth $22,154,651,000.
    • JPMorgan Chase & Co. increased stake by 7.7%, owning 63,667,407 shares valued at $10,559,240,000.
    • Institutional investors collectively own 40.03% of Alphabet’s stock.
  • Analyst Ratings and Price Targets:

    • Consensus rating: “Moderate Buy” with an average price target of $210.62.
    • Positive sentiment from analysts like Robert W. Baird, Wolfe Research, and Needham & Company LLC.
  • Stock Performance:

    • Opening price on Friday: $165.49.
    • Market capitalization: $2.02 trillion.
    • P/E ratio: 20.56, PEG ratio: 1.34, Beta: 1.02.
    • 50-day moving average: $185.70, 200-day moving average: $176.46.
    • One-year low: $140.03, one-year high: $207.05.
  • Earnings and Dividends:

    • Q4 EPS: $2.15, beating estimates by $0.03.
    • Net margin: 28.60%, Return on Equity (ROE): 32.49%.
    • Quarterly dividend declared: $0.20, annualized dividend: $0.80, dividend yield: 0.48%.
    • Payout ratio: 9.94%.
  • Insider Transactions:

    • CAO sold 2,834 shares for a total of $559,856.70, reducing ownership by 12.05%.
    • Director sold 200 shares for $33,106.00, decreasing ownership by 2.50%.
    • Total insider sales in the last quarter: 95,882 shares valued at $17,934,130.
    • Insider ownership: 11.55%.

Market Trends and Business Impact

  • Strong Institutional Demand: The significant increase in holdings by major institutions like SRS Capital Advisors, State Street Corp, and JPMorgan Chase indicates confidence in Alphabet’s long-term growth potential.
  • Positive Analyst Sentiment: The “Moderate Buy” rating and upward revised price targets reflect optimism about Alphabet’s future performance and stock value appreciation.
  • Competitive Dynamics: Alphabet faces competition from other tech giants but remains a leader in key segments like search, cloud services, and advertising. Its strong financial performance and innovation pipeline provide a competitive edge.

Strategic Considerations

  • Stock Volatility: The wide one-year price range ($140.03 to $207.05) suggests moderate volatility, which could present buying opportunities for investors during market dips.
  • Dividend Growth Potential: With a modest dividend yield and a low payout ratio (9.94%), Alphabet has room to increase dividends in the future, providing additional returns for shareholders.

Long-Term Effects and Regulatory Impacts

  • Regulatory Environment: Alphabet’s dominance in key markets may attract increased regulatory scrutiny, potentially impacting its business model and profitability.
  • Investment Horizon: The company’s strong financial health, innovation capabilities, and consistent earnings growth make it a favorable long-term investment despite short-term market fluctuations.

Conclusion

Alphabet Inc. continues to demonstrate robust financial performance and strategic growth initiatives, supported by positive analyst sentiment and significant institutional investments. While insider sales indicate cautious optimism among top executives, the overall market trends and business fundamentals suggest sustained growth potential for Alphabet in the near to medium term.