Crake Asset Management LLP Purchases New Holdings in Alphabet Inc. $GOOG

Posted by Stanley Muller on Jun 9th, 2026

Crake Asset Management LLP acquired a new position in Alphabet Inc. (NASDAQ:GOOG – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 184,500 shares of the information services provider’s stock, valued at approximately $57,896,000. Alphabet accounts for 2.3% of Crake Asset Management LLP’s investment portfolio, making the stock its 12th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOOG. Brighton Jones LLC grew its holdings in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after buying an additional 6,410 shares in the last quarter. Worldquant Millennium Advisors LLC lifted its stake in Alphabet by 76.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider’s stock worth $330,886,000 after acquiring an additional 806,681 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in Alphabet in the 2nd quarter worth about $658,000. Financial Advisors Network Inc. boosted its position in Alphabet by 7.7% during the 2nd quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider’s stock worth $1,409,000 after acquiring an additional 565 shares during the period. Finally, Ausdal Financial Partners Inc. grew its stake in Alphabet by 10.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider’s stock valued at $6,618,000 after acquiring an additional 3,616 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on GOOG. Scotiabank reiterated 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. TD Cowen restated a “buy” rating on shares of Alphabet in a report on Thursday, May 21st. UBS Group reiterated 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. Wells Fargo & Company reiterated an “overweight” rating and issued a $435.00 target price on shares of Alphabet in a research report on Tuesday, June 2nd. Finally, Pivotal Research reissued a “buy” rating and set a $470.00 target price (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet currently has an average rating of “Buy” and an average target price of $376.00.

Check Out Our Latest Stock Analysis on Alphabet

Alphabet Trading Down 1.3%

NASDAQ:GOOG opened at $361.17 on Tuesday. The stock’s 50 day moving average price is $351.67 and its 200 day moving average price is $327.90. Alphabet Inc. has a 52 week low of $163.33 and a 52 week high of $404.47. The company has a market capitalization of $4.38 trillion, a P/E ratio of 27.55, a P/E/G ratio of 1.57 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.

Alphabet (NASDAQ:GOOG – Get Free Report) last posted its earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company’s revenue was up 21.8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.81 earnings per share. On average, research analysts forecast that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is a boost from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is presently 6.41%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet continues to benefit from strong AI demand, including reports that Google may place a large chip order with Intel and that its Gemini AI efforts could generate meaningful recurring revenue. Analysts also reiterated bullish views, citing ongoing demand for AI infrastructure and capex. Intel shares soar on reported in-house chip deal with Alphabet
Positive Sentiment: Alphabet’s Waymo unit remains a competitive strength, with news that Waymo bought a large Arizona proving ground and broader coverage highlighting Waymo’s role in the growing robotaxi race. Waymo bought Apple’s self-driving car proving ground for $220M
Neutral Sentiment: Alphabet also drew attention after Apple’s WWDC keynote referenced Google help for AI features, reinforcing Google’s role in major AI partnerships, though the direct stock impact is less clear. Apple partnering with Google and Nvidia for most advanced AI model
Negative Sentiment: The main drag on the stock is concern that Alphabet is aggressively raising capital and ramping spending on AI infrastructure, which could pressure near-term margins and free cash flow. Market commentary also pointed to valuation worries after the company’s recent financing plans. What’s Going On With Alphabet Stock?
Negative Sentiment: Zacks notes GOOG has been sliding even as the broader market rose, suggesting investors are rotating away from Alphabet amid ongoing uncertainty about AI spending intensity and execution. Alphabet Inc. (GOOG) Stock Drops Despite Market Gains: Important Facts to Note

Insider Transactions at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,993 shares of the stock in a transaction on Friday, March 27th. The shares were 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $381.00, for a total value of $38,862.00. Following the transaction, the director owned 18,721 shares in the company, valued at approximately $7,132,701. This trade represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 193,016 shares of company stock valued at $17,282,549 in the last three months. 12.99% of the stock is currently owned by company insiders.

Alphabet Company Profile

(Free Report)

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.