Solidarity Wealth LLC Has $36.64 Million Position in Alphabet Inc. $GOOGL

Solidarity Wealth LLC lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 9.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 117,059 shares of the information services provider’s stock after acquiring an additional 10,415 shares during the quarter. Alphabet makes up 7.5% of Solidarity Wealth LLC’s investment portfolio, making the stock its 2nd largest position. Solidarity Wealth LLC’s holdings in Alphabet were worth $36,640,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Veracity Capital LLC grew its stake in shares of Alphabet by 5.7% during the 4th quarter. Veracity Capital LLC now owns 20,694 shares of the information services provider’s stock worth $6,477,000 after acquiring an additional 1,119 shares during the period. Marathon Capital Management grew its stake in shares of Alphabet by 7.5% during the 4th quarter. Marathon Capital Management now owns 7,835 shares of the information services provider’s stock worth $2,452,000 after acquiring an additional 550 shares during the period. Resonant Capital Advisors LLC grew its stake in shares of Alphabet by 7.0% during the 4th quarter. Resonant Capital Advisors LLC now owns 42,185 shares of the information services provider’s stock worth $13,204,000 after acquiring an additional 2,761 shares during the period. Wealth Alliance Advisory Group LLC grew its stake in shares of Alphabet by 12.5% during the 4th quarter. Wealth Alliance Advisory Group LLC now owns 4,551 shares of the information services provider’s stock worth $1,425,000 after acquiring an additional 506 shares during the period. Finally, OMNI 360 Wealth Inc. bought a new position in Alphabet in the 4th quarter worth about $226,000. Institutional investors own 40.03% of the company’s stock.

Analysts Set New Price Targets

GOOGL has been the subject of several analyst reports. Mizuho raised their target price on Alphabet from $420.00 to $460.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Argus raised their target price on Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. BNP Paribas Exane raised their target price on Alphabet from $390.00 to $420.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alphabet in a research note on Tuesday, April 28th. Finally, Phillip Securities lifted their price target on Alphabet from $340.00 to $395.00 and gave the company a “moderate buy” rating in a research report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $407.86.

Insider Buying and Selling

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total value of $348,232.50. Following the transaction, the director directly owned 3,581 shares of the company’s stock, valued at $1,187,638.65. The trade was a 22.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $303.38, for a total value of $9,859,850.00. Following the completion of the transaction, the chief executive officer directly owned 1,674,560 shares in the company, valued at $508,028,012.80. This trade represents a 1.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 158,553 shares of company stock valued at $47,951,856 over the last quarter. Company insiders own 11.61% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is getting multiple bullish price-target and valuation upgrades, with one report citing an 11.2% increase in target to $410.17 and another framing the stock as still attractive despite its big recent run. Alphabet (GOOGL) price target increased by 11.20% to 410.17
• Positive Sentiment: Google expanded its AI push across Android and Gemini, unveiling new agentic features, AI-native laptops, and deeper integration into search and mobile workflows ahead of I/O. Everything Google announced at its Android Show, from Googlebooks to vibe-coded widgets
• Positive Sentiment: Reports that Google and SpaceX are exploring orbital data centers add to the market’s view that Alphabet remains a leading AI infrastructure winner with long-term optionality. Report: Google and SpaceX in talks to put data centers into orbit
• Positive Sentiment: Alphabet’s Waymo business is still a positive catalyst overall as investors continue to reward the autonomous-driving unit’s growth, even though a recall creates near-term headlines. Why Alphabet stock is outperforming broader market today?
• Neutral Sentiment: Apple is reportedly backing Google’s pushback against EU AI rules, which may help Alphabet manage regulatory friction, but the outcome remains uncertain. Apple Sides With Google In Fighting EU’s AI Measures
• Neutral Sentiment: Alphabet-backed Isomorphic Labs raised $2.1 billion to scale AI-driven drug discovery, which reinforces Alphabet’s AI ecosystem but is not an immediate core earnings driver. Google-backed Isomorphic raises $2.1 billion to scale AI-driven drug discovery
• Negative Sentiment: Waymo’s recall of nearly 3,800 robotaxis over a software issue is a setback for Alphabet’s autonomous vehicle unit and could invite more scrutiny from regulators. Waymo to recall nearly 3,800 robotaxis over self-driving software issue

Alphabet Stock Performance

Shares of NASDAQ GOOGL opened at $402.62 on Thursday. The stock has a market cap of $4.88 trillion, a price-to-earnings ratio of 30.71, a P/E/G ratio of 1.66 and a beta of 1.26. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 1-year low of $159.61 and a 1-year high of $403.70. The stock’s 50-day moving average is $325.48 and its 200 day moving average is $315.72.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. The company had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. On average, sell-side analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be paid a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s payout ratio is presently 6.41%.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.