Warren Street Wealth Advisors LLC lowered its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 12.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,684 shares of the information services provider’s stock after selling 1,900 shares during the period. Alphabet makes up 1.2% of Warren Street Wealth Advisors LLC’s holdings, making the stock its 20th biggest holding. Warren Street Wealth Advisors LLC’s holdings in Alphabet were worth $4,294,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Ring Mountain Capital LLC lifted its holdings in shares of Alphabet by 0.9% during the 4th quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock worth $1,174,000 after acquiring an additional 30 shares during the period. HRC Wealth Management LLC raised its position in Alphabet by 1.0% during the fourth quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider’s stock valued at $1,014,000 after purchasing an additional 31 shares in the last quarter. Avaii Wealth Management LLC raised its position in Alphabet by 2.3% during the fourth quarter. Avaii Wealth Management LLC now owns 1,437 shares of the information services provider’s stock valued at $451,000 after purchasing an additional 32 shares in the last quarter. Accel Wealth Management lifted its stake in Alphabet by 0.8% during the fourth quarter. Accel Wealth Management now owns 4,068 shares of the information services provider’s stock worth $1,276,000 after purchasing an additional 33 shares during the last quarter. Finally, Accelerate Investment Advisors LLC lifted its stake in Alphabet by 1.1% during the fourth quarter. Accelerate Investment Advisors LLC now owns 3,166 shares of the information services provider’s stock worth $993,000 after purchasing an additional 34 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently weighed in on GOOG. UBS Group reaffirmed a “neutral” rating and issued a $348.00 price objective (up from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. Freedom Capital downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Monday. Scotiabank reissued an “outperform” rating and issued a $450.00 target price (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. Piper Sandler restated an “overweight” rating and issued a $395.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $370.00 price objective on shares of Alphabet in a research report on Tuesday, January 20th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $362.73.
Insider Buying and Selling
In other news, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at $2,923,235.59. This represents a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the transaction, the insider directly owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This represents a 14.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 158,553 shares of company stock worth $47,951,856. Corporate insiders own 12.99% of the company’s stock.
Alphabet Trading Up 1.2%
Shares of GOOG stock opened at $384.34 on Wednesday. Alphabet Inc. has a 1-year low of $149.49 and a 1-year high of $388.96. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a market cap of $4.65 trillion, a price-to-earnings ratio of 29.32, a PEG ratio of 1.62 and a beta of 1.25. The stock has a 50-day moving average of $313.83 and a 200-day moving average of $309.58.
Alphabet (NASDAQ:GOOG – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. During the same period in the previous year, the firm earned $2.81 earnings per share. The firm’s quarterly revenue was up 21.8% on a year-over-year basis. On average, equities research analysts forecast that Alphabet Inc. will post 13.72 earnings per share for the current year.
Alphabet Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be given a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s dividend payout ratio is presently 6.41%.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Major potential customer win: reports say AI startup Anthropic committed to spend roughly $200 billion with Google Cloud over five years, a revenue and capacity validation that could materially boost long‑term cloud sales and chip demand. Anthropic commits to spending $200 billion on Google’s cloud and chips
- Positive Sentiment: Cloud momentum and AI “lock‑in”: Q1 cloud growth and reported backlog (~$460B+) point to steep enterprise AI demand and future revenue conversion, supporting higher earnings expectations. Alphabet’s $460B AI Lock-In
- Positive Sentiment: Analyst bullishness: several firms raised price targets (including street‑high $515 and J.P. Morgan’s $460), which reinforces buy interest and helped push the shares to record levels. Top analyst sets $515 price target
- Positive Sentiment: Product/competitive move: Google is planning to sell TPUs directly, expanding its AI infrastructure offering and potentially improving cloud margins while intensifying competition with NVIDIA for AI compute. Google moves to sell TPUs directly
- Neutral Sentiment: Capital raising to fund buildout: Alphabet tapped the euro bond market with strong demand for a multi‑tranche offering — shows investor appetite for funding its AI/data‑center capex but increases near‑term debt issuance. Alphabet taps euro bond market with six‑tranche offering
- Neutral Sentiment: U.S. government oversight: Google (with Microsoft and xAI) agreed to give U.S. agencies early access to advanced models for security reviews — this signals trust from regulators but adds another review layer before deployments. What we know about US stress tests of Google, xAI and Microsoft AI models
- Negative Sentiment: Regulatory/privacy risk in Europe: a senior Google scientist warned that EU proposals to share search data with rivals could expose user information — raises potential regulatory and revenue risks for search. Top Google scientist says EU data measures pose privacy risk
- Negative Sentiment: Employee unrest and DoD work: classified defense AI contracts and related protests (DeepMind unionization vote, staff petitions) create reputational/operational risk and potential talent friction. Google DeepMind employees vote to unionize amid DoD deal
- Negative Sentiment: Near‑term sell signal/downgrade: at least one boutique manager downgraded Alphabet from strong‑buy to hold, which could weigh on sentiment for risk‑sensitive flows. Zacks / downgrade reference
Alphabet Company Profile
Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.
Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.
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