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Tillman Hartley LLC Trims Stock Position in Alphabet Inc. (NASDAQ:GOOGL)

Tillman Hartley LLC Trims Stock Position in Alphabet Inc. (NASDAQ:GOOGL)

  • 25.03.2025 00:00
  • etfdailynews.com
  • Keywords: Alphabet, Tillman Hartley LLC

Tillman Hartley LLC reduced its holdings in Alphabet Inc. by selling 85 shares, ending with 4,949 shares worth $937,000. Other investors like LFA Lugano and Skandinaviska Enskilda Banken also adjusted their stakes during the quarter.

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Estimated market influence

Alphabet Inc.

Alphabet Inc.

Negativesentiment_dissatisfied
Analyst rating: Buy

Tillman Hartley LLC trimmed its holdings in Alphabet Inc. by 1.7% in the 4th quarter, selling 85 shares and reducing their position.

LFA Lugano Financial Advisors SA

Positivesentiment_satisfied
Analyst rating: N/A

Boosted its stake in Alphabet by 5.0%, purchasing additional 91 shares during the period.

Skandinaviska Enskilda Banken AB publ

Positivesentiment_satisfied
Analyst rating: N/A

Increased holdings by 7.8% and acquired an additional 207,705 shares.

Erste Asset Management GmbH

Positivesentiment_satisfied
Analyst rating: N/A

Boosted position by 11.8%, purchasing 142,583 additional shares.

Telemark Asset Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

Acquired a new stake in Alphabet valued at approximately $11,358,000.

ANTIPODES PARTNERS Ltd

Positivesentiment_satisfied
Analyst rating: N/A

Raised position by 111.2%, purchasing an additional 547,786 shares.

Context

Business Insights and Market Implications Analysis

Key Facts and Data Points:

  • Tillman Hartley LLC: Trimmed Alphabet Inc. holdings by 1.7% in Q4, reducing shares from previously held to 4,949 shares worth $937,000.
  • LFA Lugano Financial Advisors SA: Increased stake by 5.0%, holding 1,924 shares worth $364,000.
  • Skandinaviska Enskilda Banken AB publ: Boosted holdings by 7.8%, owning 2,862,762 shares valued at $547,475,000.
  • Erste Asset Management GmbH: Increased position by 11.8%, holding 1,348,875 shares worth $247,605,000.
  • Telemark Asset Management LLC: New stake valued at approximately $11,358,000.
  • ANTIPODES PARTNERS Ltd: Raised position by 111.2%, owning 1,040,359 shares worth $196,956,000.

Market Trends and Business Impact:

  • Institutional investors and hedge funds collectively own 40.03% of Alphabet’s stock.
  • Insider selling: Total insider sales in the last three months were 93,048 shares, valued at $17,374,274.
  • Insider ownership: 11.55% owned by company insiders.

Financial Performance:

  • Alphabet reported $2.15 EPS for the latest quarter, beating estimates of $2.12.
  • Market capitalization: $2.04 trillion.
  • P/E ratio: 20.83, PEG ratio: 1.34, Beta: 1.02.
  • 50-day SMA: $182.10, 200-day SMA: $176.73.

Dividend Information:

  • Alphabet announced a quarterly dividend of $0.20, paid on March 17, 2024.
  • Annualized dividend yield: 0.48%.
  • Dividend payout ratio (DPR): 9.94%.

Analyst Sentiment and Ratings:

  • Average rating: “Moderate Buy” with a consensus target price of $210.59.
  • Positive outlook from analysts like Piper Sandler (“overweight”) and Wedbush (“outperform”).
  • JMP Securities reaffirmed “market perform”, while Bank of America reissued “buy” rating.

Strategic Considerations:

  • Alphabet’s diversified portfolio includes Google Services, Google Cloud, and Other Bets.
  • Key products: Ads, Android, Chrome, Gmail, Google Maps, YouTube, etc.
  • Strong financial performance with high market cap and positive analyst sentiment suggests long-term growth potential.

Competitive Dynamics:

  • Alphabet faces competition from tech giants like Apple and Microsoft but maintains a strong position in search and cloud services.

Long-Term Effects and Regulatory Impacts:

  • Potential regulatory scrutiny of large tech companies could impact Alphabet’s business model.
  • Long-term success depends on innovation, market expansion, and maintaining competitive advantages.