Analysis of Blue Barn Wealth LLC's Stock Holdings in Alphabet Inc. (NASDAQ:GOOGL)

Institutional Ownership Trends

• Blue Barn Wealth LLC: Increased holdings by 11.2% to 2,706 shares ($512,000) after purchasing an additional 272 shares.
• Schear Investment Advisers LLC: Grew position by 17.0% to 33,751 shares ($5,598,000).
• Landscape Capital Management L.L.C.: Increased holdings by 27.9% to 25,275 shares ($4,192,000).
• Glass Wealth Management Co LLC: Grew position by 4.5% to 37,054 shares ($7,014,000).
• Olistico Wealth LLC: Increased holdings by 9.1% to 8,981 shares ($1,700,000).
• Centaurus Financial Inc.: Grew position by 22.9% to 61,540 shares ($10,206,000).

Total institutional ownership: 40.03%.

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Insider Activity

• John L. Hennessy (Director): Sold 200 shares at $165.53 each, reducing his position by 2.50% to 7,813 shares ($1,293,285.89).
• CAO: Sold 1,368 shares at $191.55 each, reducing ownership by 6.20% to 20,681 shares ($3,961,445.55).
• Total insider sales: 93,048 shares worth $17,374,274 in the last quarter.
• Insider ownership: 11.55%.

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Analyst Sentiment

• Price targets: Ranges from $205.00 to $230.00; average target price: $210.59.
• Rating: "Moderate Buy" with ten hold ratings, twenty-nine buy ratings, and four strong buy ratings.

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Stock Performance

• Current trading: Alphabet stock opened at $163.89 on Thursday.
• Market metrics:
  • Market cap: $2.00 trillion.
  • PE ratio: 20.36.
  • PEG ratio: 1.34.
  • Beta: 1.02.
  • 50-day moving average: $183.75.
  • 200-day moving average: $176.47.

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Financial Highlights

• Earnings: Alphabet reported EPS of $2.15 for the latest quarter, beating estimates by $0.03.
• Profitability:
  • Return on equity (ROE): 32.49%.
  • Net margin: 28.60%.

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Dividend Information

• Dividend announcement: Alphabet declared a quarterly dividend of $0.20 per share, paid on March 17, 2024.
• Annualized dividend: $0.80.
• Dividend yield: 0.49%.
• Payout ratio: 9.94%.

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Business Profile

• Segments:

  • Google Services: Ads, Android, Chrome, Gmail, Google Maps, YouTube, etc.
  • Google Cloud: Cloud computing services.
  • Other Bets: Investments in other ventures.

• Geographic reach: Operations across the U.S., Europe, Asia-Pacific, and other global regions.

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Strategic Considerations

• Alphabet's strong financial performance and diversified product portfolio suggest sustained growth potential.
• Institutional investors' increasing stakes indicate confidence in the company's long-term prospects.
• Mixed insider trading activity highlights nuanced views among top executives.
• Analysts' "Moderate Buy" rating reflects balanced optimism about future performance.

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Market Implications

• Alphabet's stock appears attractive to both institutional and retail investors, driven by its market leadership and consistent earnings growth.
• The company's ability to maintain high margins and invest in innovation will be key to sustaining its competitive edge.
• Regulatory scrutiny of tech giants like Alphabet could pose risks, but the current dividend yield offers income stability for shareholders.