Vise Technologies Inc. lowered its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 47.2% in the 4th quarter, HoldingsChannel reports. The fund owned 104,915 shares of the information services provider’s stock after selling 93,628 shares during the period. Alphabet accounts for about 1.0% of Vise Technologies Inc.’s holdings, making the stock its 27th biggest position. Vise Technologies Inc.’s holdings in Alphabet were worth $32,922,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in GOOG. Norges Bank purchased a new stake in shares of Alphabet during the 4th quarter valued at approximately $18,093,665,000. Vanguard Group Inc. lifted its stake in shares of Alphabet by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock valued at $132,114,125,000 after buying an additional 8,128,234 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after buying an additional 7,904,434 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Alphabet during the 4th quarter valued at approximately $1,017,756,000. Finally, Danske Bank A S purchased a new stake in shares of Alphabet during the 3rd quarter valued at approximately $678,198,000. Hedge funds and other institutional investors own 27.26% of the company’s stock.
Insider Activity at Alphabet
In other news, CAO Amie Thuener O’toole sold 617 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the transaction, the chief accounting officer owned 10,093 shares of the company’s stock, valued at approximately $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The disclosure for this sale is available in the SEC filing. Insiders have sold 193,016 shares of company stock valued at $17,282,549 in the last ninety days. Insiders own 12.99% of the company’s stock.
Alphabet Stock Down 2.5%
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 for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. The business had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.81 EPS. On average, equities analysts predict 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. Stockholders of record on Monday, June 8th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet’s payout ratio is presently 6.71%.
Wall Street Analyst Weigh In
A number of analysts recently commented on GOOG shares. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research note on Monday, February 16th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. Truist Financial set a $430.00 target price on Alphabet in a report on Monday, June 1st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $450.00 target price on shares of Alphabet in a report on Thursday, May 21st. Finally, Phillip Securities lowered Alphabet from a “strong-buy” rating to a “moderate buy” rating in a report on Wednesday, April 15th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $376.78.
Get Our Latest Stock Analysis on Alphabet
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Erste Group Bank raised its EPS estimates for Alphabet for FY2026 and FY2027, reinforcing the view that earnings are still trending higher as AI and cloud investment scale. Alphabet estimate update
- Positive Sentiment: Google unveiled new Gemini features for small businesses, a sign that Alphabet is expanding AI monetization beyond consumer use cases and into more commercial customers. Google Gemini small business article
- Positive Sentiment: Alphabet’s AI strategy continues to attract bullish commentary, including coverage of Google Cloud deals, Gemini user growth, and broader confidence in its long-term growth profile. Gemini users article
- Neutral Sentiment: Market commentary about the AI data-center boom “showing cracks” is more of an industry-wide caution flag than a direct Alphabet-specific setback, though it could cool some enthusiasm around hyperscaler capex. AI data center boom article
- Neutral Sentiment: Analysts also highlighted Alphabet’s large AI infrastructure spend and financing moves, which support growth but may keep investors focused on near-term capex pressure. Alphabet convertible preferred stock article
- Negative Sentiment: Alphabet and Meta were denied a new trial in the youth social media addiction case, leaving legal liability and reputational risk in place. Youth addiction case article
- Negative Sentiment: Google Cloud reported intermittent network disruptions in India after a fire at a third-party data center, a reminder that service issues can affect customer confidence even if the incident appears contained. Google Cloud India disruption article
Alphabet 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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