Perigon Wealth Management LLC Purchases 11,685 Shares of Alphabet Inc. $GOOGL

12 Apr 2026, 05:16 by Amy Steele · The Cerbat Gem

Perigon Wealth Management LLC lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 215,997 shares of the information services provider’s stock after purchasing an additional 11,685 shares during the period. Alphabet accounts for 1.2% of Perigon Wealth Management LLC’s portfolio, making the stock its 10th largest holding. Perigon Wealth Management LLC’s holdings in Alphabet were worth $67,607,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of GOOGL. PMV Capital Advisers LLC acquired a new position in shares of Alphabet during the 4th quarter worth about $38,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Alphabet in the 3rd quarter valued at about $53,000. iSAM Funds UK Ltd acquired a new position in Alphabet in the 3rd quarter valued at about $53,000. Corsicana & Co. acquired a new position in Alphabet in the 3rd quarter valued at about $54,000. Finally, Sellwood Investment Partners LLC acquired a new position in Alphabet in the 3rd quarter valued at about $63,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Stronger AI/cloud positioning: Google expanded its multi‑year AI infrastructure partnership with Intel to co‑develop processors and power Google Cloud AI workloads — a sign of durable demand for cloud AI capacity that supports Google Cloud revenue growth. Read More.
Positive Sentiment: Broadcom and Anthropic deals validate Google’s AI infrastructure strategy and the broader market for non‑NVIDIA accelerators — a constructive signal for Alphabet’s AI cost and supply relationships. Read More.
Positive Sentiment: Analyst and media bullishness on AI adoption: BNP Paribas and other commentators highlight Gemini and Anthropic as drivers that can take share in the generative AI market, underpinning ad/productivity monetization upside for Alphabet. Read More.
Positive Sentiment: Monetization tailwind — YouTube raised U.S. Premium prices, which should boost ARPU and subscription revenue over time. Read More.
Positive Sentiment: Bullish price‑target action from Mizuho (raised to $420) reinforces upside thesis for investors focused on long‑term AI/cloud gains. (No link)
Neutral Sentiment: Short interest report is effectively meaningless/noisy for today’s move (data shows zero shares / reporting artifact), so it’s not the driver of the stock’s action. (No link)
Negative Sentiment: Regulatory risk for Waymo: A California bill would require more human operators for robotaxis, raising operating costs and regulatory uncertainty for Alphabet’s autonomous‑vehicle ambitions. Read More.
Negative Sentiment: International/content regulatory pressure: Indonesia issued a reprimand to YouTube over new social media rules for children, underscoring regional enforcement risk that can hit engagement or require costly compliance changes. Read More.
Negative Sentiment: Analyst downgrade pressure: Wolfe Research trimmed its price target from $390 to $360, which increases short‑term selling pressure despite the firm still rating the stock “outperform.” (No link)

Insider Activity

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the transaction, the chief executive officer owned 2,211,872 shares in the company, valued at $723,945,705.60. This represents a 1.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 2,069,344 shares of company stock worth $104,708,426. Insiders own 11.64% of the company’s stock.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $317.20 on Friday. The company’s 50 day moving average price is $306.85 and its two-hundred day moving average price is $298.67. Alphabet Inc. has a 12-month low of $146.10 and a 12-month high of $349.00. The firm has a market cap of $3.84 trillion, a PE ratio of 29.34, a PEG ratio of 1.96 and a beta of 1.12. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Analysts Set New Price Targets

GOOGL has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Argus upped their price target on shares of Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Citigroup upped their price target on shares of Alphabet from $350.00 to $390.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Truist Financial set a $385.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Alphabet has a consensus rating of “Moderate Buy” and an average price target of $366.92.

Get Our Latest Report on GOOGL

Alphabet Profile

(Free Report)

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.