Larson Financial Group LLC Has $5.03 Million Position in Alphabet Inc. (NASDAQ:GOOGL)

Larson Financial Group LLC Has $5.03 Million Position in Alphabet Inc. (NASDAQ:GOOGL)

  • 22.03.2025 00:15
  • etfdailynews.com
  • Keywords: High Risk

Larson Financial Group LLC increased its stake in Alphabet Inc. by 12.6% during Q4, holding shares worth $5.03 million. Other institutional investors also boosted their positions, with insiders selling a total of $17.37 million in stock. Analysts predict growth, with mixed ratings and target prices, while the company's stock recently dropped 0.7%. Alphabet declared a quarterly dividend of $0.20 per share and operates across multiple segments including Google Services and Cloud.

Alphabet Services
open_in_newOriginal article

Context

Business Insights and Market Implications Analysis

Key Investment Activity

  • Larson Financial Group LLC: Increased holdings in Alphabet Inc. by 12.6% during Q4, now owning 26,573 shares worth $5,030,000.
  • Blankinship & Foster LLC: Purchased a new position in Alphabet valued at $1,560,000.
  • Generali Investments CEE: Acquired a new position in Alphabet worth $9,768,000.
  • Camden National Bank: Increased holdings by 1.2%, now owning 39,328 shares valued at $7,445,000.
  • Oak Hill Wealth Advisors LLC: Boosted holdings by 196.0%, now holding 36,014 shares worth $6,817,000.
  • Aviance Capital Partners LLC: Increased holdings by 2.8%, now owning 155,995 shares valued at $29,530,000.

Insider Sales

  • CAO: Sold 1,340 shares for a total of $270,787.20, reducing ownership by 6.98%.
  • Director John L. Hennessy: Sold 200 shares for $33,106.00, decreasing ownership by 2.50%.
  • Total insider sales: 93,048 shares, worth $17,374,274 over the last quarter.

Wall Street Analysts

  • Goldman Sachs: Reiterated "buy" rating with a price target of $210.00.
  • Piper Sandler: Downgraded target price to $208.00 and maintained "overweight" rating.
  • Citizens Jmp: Downgraded from "strong-buy" to "hold".
  • JMP Securities: Reaffirmed "market perform" rating.
  • Wolfe Research: Increased target price to $230.00 and upgraded to "outperform".

Stock Performance

  • Alphabet stock opened at $162.80, down 0.7%.
  • Market capitalization: $1.98 trillion.
  • P/E ratio: 20.22; Price-to-Earnings-Growth (PEG) ratio: 1.34; Beta: 1.02.
  • Twelve-month price range: $146.90 to $207.05.
  • 50-day moving average: $183.13; 200-day moving average: $176.37.

Earnings and Dividends

  • Q4 Earnings: Alphabet reported EPS of $2.15, beating the consensus estimate of $2.12.
  • Net margin: 28.60%; Return on Equity (ROE): 32.49%.
  • Dividend Announcement: Alphabet declared a quarterly dividend of $0.20 per share, yielding 0.49% annually.
  • Dividend Payout Ratio (DPR): 9.94%.

Company Profile and Market Position

  • Alphabet operates through Google Services, Google Cloud, and Other Bets segments.
  • Key products: Google Search, YouTube, Android, Chrome, Gmail, Google Maps, Google Photos, Google Play, and Google Cloud.
  • Competitive strengths: Dominance in search, advertising, and cloud services markets.
  • Market implications: Strong financial performance, high market capitalization, and significant competitive advantages.

Strategic Considerations

  • Market Leadership: Alphabet's dominance in key tech sectors positions it as a leader in digital advertising and cloud computing.
  • Investor Sentiment: Mixed signals from insider sales and analyst upgrades suggest cautious optimism.
  • Long-term Effects: Alphabet's diversified portfolio and innovation pipeline indicate potential for sustained growth.
  • Regulatory Impact: Ongoing antitrust scrutiny could pose risks to future expansion and profitability.

Conclusion

Alphabet Inc. remains a critical player in the tech industry, with strong financial performance and strategic investments driving its market position. While insider sales and mixed analyst sentiment introduce some uncertainty, Alphabet's fundamentals suggest continued growth potential.