Alphabet Inc.

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Bullish +65

Alphabet Inc. $GOOGL Stock Holdings Lifted by Freemont Management S.A.

📈 Freemont Management S.A. increased its GOOGL holdings by 16.7% in Q1, adding 12,400 shares to reach a total of 86,700 shares.

💰 Alphabet reported Q1 revenue of $119.8 billion, surpassing analyst estimates of $117.07 billion.

📊 The company posted earnings per share of $9.11, significantly beating the consensus estimate of $2.89.

🏦 Alphabet maintains a strong balance sheet with a debt-to-equity ratio of 0.16 and a current ratio of 2.72.

💵 The company announced a quarterly dividend of $0.22 per share payable on September 14th.

📉 Insider John Kent Walker sold 8,998 shares for approximately $3.14 million in late June.

📈 Analyst consensus rating is 'Buy' with an average price target of $419.86.

🏢 Freemont Management S.A. now holds 3.8% of Alphabet, making it the firm's third-largest position.

📉 Other institutional investors like Strategic Wealth Advisors LLC and Midwest Professional Planners LTD. also increased their stakes.

📉 Major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares in a transaction on May 15th.

Bullish Signals
  • Alphabet reported Q1 revenue of $119.8 billion, exceeding analyst estimates of $117.07 billion.
  • The company posted earnings per share of $9.11, significantly beating the consensus estimate of $2.89.
  • Freemont Management S.A. increased its stake by 16.7% in Q1, adding 12,400 shares to its portfolio.
  • Alphabet maintains a strong balance sheet with a debt-to-equity ratio of 0.16 and a current ratio of 2.72.
  • The company reported a net margin of 54.77% and a return on equity of 51.32%.
  • Analysts maintain a consensus 'Buy' rating with an average price target of $419.86.
  • Several other institutional investors, including Strategic Wealth Advisors LLC and Midwest Professional Planners LTD., increased their holdings in Q1.
Risk Factors
  • Insider John Kent Walker sold 8,998 shares for approximately $3.14 million in late June.
  • Major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares in a transaction on May 15th.
Full Analysis
Freemont Management S.A. increased its stake in Alphabet Inc. (GOOGL) by 16.7% in the first quarter, purchasing an additional 12,400 shares to reach a total holding of 86,700 shares valued at approximately $24.9 million. This position represents 3.8% of Freemont's portfolio and marks it as the firm's third-largest holding. Several other institutional investors, including Strategic Wealth Advisors LLC and Midwest Professional Planners LTD., also raised their stakes during the quarter, while hedge funds collectively own over 40% of the company's outstanding stock. Alphabet reported strong financial results for the quarter ended July 22nd, with revenue reaching $119.8 billion against analyst estimates of $117.07 billion. The company posted earnings per share of $9.11, significantly beating the consensus estimate of $2.89, driven by a net margin of 54.77% and a return on equity of 51.32%. Analysts maintain a consensus 'Buy' rating with an average price target of $419.86, reflecting confidence in the company's growth trajectory and profitability. The stock recently opened at $333.71, trading below its 50-day moving average but well above its 52-week low of $187.82. The company maintains a robust balance sheet with a debt-to-equity ratio of 0.16 and a current ratio of 2.72. Additionally, Alphabet announced a quarterly dividend of $0.22 per share payable on September 14th to shareholders of record on September 7th, providing a yield of 0.3%.