Intellectus Partners LLC Increases Stake in Alphabet Inc. (NASDAQ:GOOGL)

Intellectus Partners LLC Increases Stake in Alphabet Inc. (NASDAQ:GOOGL)

  • 21.03.2025 12:05
  • etfdailynews.com
  • Keywords: High Risk, Low Risk

Intellectus Partners LLC increased its stake in Alphabet Inc. by 9.6%, owning 25,255 shares worth $4.78 million, making it their 16th largest holding. Other investors also boosted their stakes in Alphabet during the quarter.

Alphabet NewsGOOGLsentiment_satisfiedCsentiment_dissatisfied

Estimated market influence

Intellectus Partners LLC

Positivesentiment_satisfied
Analyst rating: N/A

Increased stake in Alphabet Inc. by 9.6% in the 4th quarter, owning 25,255 shares worth $4,781,000.

Pettinga Financial Advisors LLC

Positivesentiment_satisfied
Analyst rating: N/A

Grew holdings by 10.1% during the 3rd quarter, now owns 2,186 shares valued at $363,000.

Impax Asset Management Group plc

Positivesentiment_satisfied
Analyst rating: N/A

Increased holdings by 6.8%, owning 728,575 shares worth $120,834,000.

David J Yvars Group

Positivesentiment_satisfied
Analyst rating: N/A

Grew holdings by 16.3%, now owns 4,290 shares valued at $712,000.

WoodTrust Financial Corp

Positivesentiment_satisfied
Analyst rating: N/A

Increased holdings by 1.0%, owning 66,226 shares worth $10,984,000.

BNC Wealth Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

Grew holdings by 3.5%, now owns 65,616 shares valued at $10,882,000.

Alphabet Inc.

Alphabet Inc.

Positivesentiment_satisfied
Analyst rating: Buy

Received increased investments from multiple funds and has a strong market position with a market cap of $1.98 trillion. Wall Street analysts forecast growth with a 'Moderate Buy' rating and a target price of $210.59. The company reported earnings per share of $2.15, topping estimates, and announced a quarterly dividend of $0.20.

Citigroup

Citigroup

Negativesentiment_dissatisfied
Analyst rating: Buy

Reduced target price from $232 to $229 but maintained a 'buy' rating.

DA Davidson

Positivesentiment_satisfied
Analyst rating: N/A

Increased target price from $190 to $200 and gave a 'neutral' rating.

Piper Sandler

Negativesentiment_dissatisfied
Analyst rating: N/A

Reduced target price from $210 to $208 but maintained an 'overweight' rating.

Wolfe Research

Positivesentiment_satisfied
Analyst rating: N/A

Increased target price from $220 to $230 and gave an 'outperform' rating.

Needham & Company LLC

Positivesentiment_satisfied
Analyst rating: N/A

Reiterated a 'buy' rating with a target of $225.

MarketBeat

Neutralsentiment_neutral
Analyst rating: N/A

Provided consensus data on Alphabet's stock rating and target price.

Alphabet Inc. CAO

Negativesentiment_dissatisfied
Analyst rating: N/A

Sold 1,374 shares, representing an 8.38% decrease in ownership.

John L. Hennessy

Negativesentiment_dissatisfied
Analyst rating: N/A

Sold 200 shares, a 2.50% decrease in ownership.

Context

Business Insights and Market Implications Analysis

Market Trends

  • Intellectus Partners LLC increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 9.6% in the 4th quarter, acquiring an additional 2,206 shares, totaling 25,255 shares worth $4,781,000.
  • Alphabet comprises 1.1% of Intellectus Partners LLC’s investment portfolio, making it the firm’s 16th largest holding.

Wall Street Analysts Forecast

  • The consensus rating for Alphabet is “Moderate Buy”, with a target price of $210.59.
  • Several analysts have adjusted their price targets:
    • Citigroup: Reduced from $232.00 to $229.00 (Buy)
    • DA Davidson: Increased from $190.00 to $200.00 (Neutral)
    • Piper Sandler: Decreased from $210.00 to $208.00 (Overweight)
    • Wolfe Research: Increased from $220.00 to $230.00 (Outperform)
    • Needham & Company LLC: Reiterated Buy with a target of $225.00

Alphabet Stock Performance

  • Alphabet’s stock opened at $162.80 on Friday.
  • Market cap: $1.98 trillion
  • P/E ratio: 20.22, PEG ratio: 1.34, Beta: 1.02
  • 50-day moving average: $183.13, 200-day moving average: $176.37
  • Twelve-month price range: $146.90 (low) to $207.05 (high)
  • Dividend announcement: Quarterly dividend of $0.20, annualized yield of 0.49%

Earnings and Financials

  • Alphabet reported $2.15 EPS for the latest quarter, beating the consensus estimate of $2.12.
  • Return on equity (ROE): 32.49%, Net margin: 28.60%
  • Analysts expect 8.9 EPS for the current fiscal year.

Insider Trading and Ownership

  • Insiders have sold a total of 93,048 shares over the last three months, valued at $17,374,274.
  • Insider ownership: 11.55%

Competitive Landscape

  • Alphabet operates across multiple segments, including Google Services, Google Cloud, and Other Bets.
  • Key products include YouTube, Google Maps, Android, and Chrome.
  • Competitors include Apple, Microsoft, and Amazon.

Long-Term Effects and Risks

  • Alphabet’s strong cash flow generation and innovation in AI and cloud services position it for long-term growth.
  • Regulatory risks, particularly antitrust concerns, could impact the company’s competitive dynamics.
  • The tech sector’s ongoing competition may pressure margins and market share.

Strategic Considerations

  • Alphabet’s diversified business model provides resilience against sector-specific downturns.
  • Strategic investments in emerging technologies like AI and quantum computing could drive future growth.