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Alphabet Inc. (NASDAQ:GOOGL) Shares Sold by Fairfield Financial Advisors LTD

Alphabet Inc. (NASDAQ:GOOGL) Shares Sold by Fairfield Financial Advisors LTD

  • 21.03.2025 09:49
  • etfdailynews.com
  • Keywords: High Insider Sales, Institutional减持

Fairfield Financial Advisors LTD reduced its Alphabet Inc. holdings by selling 553 shares in Q4, ending with 60,000 shares worth $11.35M, which represents about 4% of their portfolio. Institutional investors hold 40% of the company's stock, while insiders have sold a total of 93k shares over the past ninety days.

Alphabet NewsAlphabet ServicesGOOGLsentiment_dissatisfiedSTT/PGsentiment_satisfiedJPM/PJsentiment_satisfied

Estimated market influence

Alphabet Inc.

Alphabet Inc.

Negativesentiment_dissatisfied
Analyst rating: Buy

The article discusses Fairfield Financial Advisors LTD reducing their position in Alphabet Inc., indicating a negative influence on investor sentiment.

Fairfield Financial Advisors LTD

Negativesentiment_dissatisfied
Analyst rating: N/A

They sold shares of Alphabet Inc., which could impact the company's stock price and investor confidence.

State Street Corp

Positivesentiment_satisfied
Analyst rating: —

Increased their stake in Alphabet Inc., showing confidence in the company's future performance.

Geode Capital Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

They increased their holdings, indicating a positive sentiment towards Alphabet Inc.

JPMorgan Chase & Co.

Positivesentiment_satisfied
Analyst rating: —

增持了Alphabet的股份，显示对公司的信心。

Fisher Asset Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

他们增加了在Alphabet的持仓，表明对公司前景的积极看法。

Charles Schwab Investment Management Inc.

Positivesentiment_satisfied
Analyst rating: N/A

增持了Alphabet股票，显示对其未来表现的信心。

Context

Analysis of Alphabet Inc. (NASDAQ:GOOGL) Share Activity and Market Implications

Key Facts and Data Points:

  • Fairfield Financial Advisors LTD reduced its position in Alphabet by 0.9% in the 4th quarter, selling 553 shares, leaving it with 60,000 shares worth $11,358,000.
  • Alphabet represents 4.0% of Fairfield's holdings, making it the firm’s 9th largest position.
  • State Street Corp increased its stake by 0.3%, owning 222,555,548 shares valued at $36,910,838,000 after buying 743,369 shares in Q3.
  • Geode Capital Management LLC increased its stake by 2.0%, owning 134,030,679 shares worth $22,154,651,000 after purchasing 2,626,431 shares in Q3.
  • JPMorgan Chase & Co. increased its holdings by 7.7%, owning 63,667,407 shares worth $10,559,240,000 after buying 4,567,275 shares in Q3.
  • Fisher Asset Management LLC increased its stake by 1.5%, owning 50,615,038 shares worth $9,581,427,000 after purchasing 757,138 shares in Q4.
  • Charles Schwab Investment Management Inc. increased its stake by 3.3%, owning 38,451,718 shares worth $7,278,910,000 after buying 1,218,639 shares in Q4.
  • Institutional investors and hedge funds own 40.03% of Alphabet’s stock.
  • Insiders sold a total of 93,048 shares over the last 90 days, worth $17,374,274.
  • Company insiders own 11.55% of the stock.

Market Trends and Business Impact:

  • Alphabet’s earnings for the latest quarter showed $2.15 EPS, exceeding analyst estimates of $2.12.
  • The company reported a ROE of 32.49% and a net margin of 28.60%.
  • Analysts expect $8.9 EPS for the current fiscal year.

Dividend Information:

  • Alphabet declared a quarterly dividend of $0.20 per share, paid on March 17, 2024.
  • The annualized dividend is $0.80, with a dividend yield of 0.49%.
  • Alphabet’s DPR (Dividend Payout Ratio) is 9.94%.

Analyst Ratings and Sentiment:

  • Cantor Fitzgerald: Reiterated “neutral” rating, target price $200.00.
  • Citizens Jmp: Downgraded from “strong-buy” to “hold” in January 2024.
  • Needham & Company LLC: Reiterated “buy” rating with a target of $225.00.
  • Rosenblatt Securities: Reiterated “neutral” rating, target price $205.00.
  • KeyCorp: Reduced target price from $220.00 to $202.00 and set an “overweight” rating.
  • Average analyst rating: “Moderate Buy” with a consensus price target of $210.59.

Competitive Dynamics:

  • Alphabet operates through three segments: Google Services, Google Cloud, and Other Bets.
  • Google Services dominate revenue, including products like ads, Android, Chrome, Gmail, Google Maps, Google Photos, Google Play, Search, and YouTube.

Strategic Considerations and Long-Term Implications:

  • The mixed analyst sentiment reflects cautious optimism about Alphabet’s future performance.
  • Insider sales may indicate concerns about near-term stock performance or portfolio diversification.
  • Alphabet’s strong financial metrics (ROE, net margin) suggest operational efficiency but may not fully offset market concerns.
  • Competitive pressures in tech and advertising markets could impact long-term growth.

Regulatory Impacts:

  • No specific regulatory developments mentioned in the text.