Perryman Financial Advisory Inc. AD Acquires Shares of 64,116 Alphabet Inc. $GOOG

Posted by Francis Steltz on Jun 16th, 2026

Perryman Financial Advisory Inc. AD acquired a new stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 64,116 shares of the information services provider’s stock, valued at approximately $20,120,000. Alphabet makes up about 3.0% of Perryman Financial Advisory Inc. AD’s holdings, making the stock its 6th biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GOOG. Imprint Wealth LLC acquired a new position in Alphabet in the 3rd quarter valued at $31,000. Nvest Wealth Strategies Inc. acquired a new position in Alphabet in the 4th quarter valued at $38,000. Bard Associates Inc. acquired a new position in Alphabet in the 4th quarter valued at $41,000. Towne Trust Company N.A grew its holdings in Alphabet by 34.0% in the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after buying an additional 34 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC acquired a new position in Alphabet in the 4th quarter valued at $45,000. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet’s cloud and AI momentum remains a major driver, with reports highlighting a growing Google Cloud backlog and stronger enterprise adoption of Gemini-powered AI tools, suggesting more room for revenue expansion. Why GOOGL Stock May Have More Room to Run Even After a 100% Rally
Positive Sentiment: Analysts and commentators continue to point to Alphabet as a key AI winner, with bullish coverage tying the company to enterprise AI demand, cloud growth, and broad participation in the AI spending cycle. AI Is Reshaping FIFA World Cup 2026: 5 Stocks Likely to Gain
Positive Sentiment: Alphabet is reportedly exploring Samsung as a potential manufacturing partner for its TPU chips as TSMC capacity tightens, which underscores strong demand for Google’s AI hardware and could improve supply-chain flexibility. Google’s Samsung Talks Highlight TSMC Capacity Crunch
Neutral Sentiment: Google also drew attention for cybersecurity efforts after saying a Chinese-linked hacking group targeted U.S. and Canadian research facilities, a reminder of the company’s security capabilities but not a direct earnings catalyst. Chinese-linked hackers targeted U.S.,Canadian research facilities for a year, Google says
Neutral Sentiment: Several articles and opinion pieces reinforced the bullish narrative on Alphabet’s AI strategy, including its more measured spending approach and its expanding role across search, cloud, and infrastructure. Bull v. Bear: GOOGL “Tortoise and Hare” AI Story
Negative Sentiment: Alphabet’s large AI capital plans and stock issuance to help fund them could pressure margins or raise investor concerns about how much spending will be required to keep pace in the AI race. Alphabet is Raising $84.75 Billion to Win the AI Wars. Should Investors Celebrate or Worry?

Analyst Ratings Changes

A number of equities analysts have commented on the company. Freedom Capital lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. JPMorgan Chase & Co. raised their price objective on Alphabet from $395.00 to $460.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Oppenheimer raised their price objective on Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Finally, Needham & Company LLC set a $400.00 price objective on Alphabet and gave the stock a “buy” rating in a research note on Friday, March 13th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $376.78.

Check Out Our Latest Stock Analysis on Alphabet

Alphabet Price Performance

Alphabet stock opened at $367.11 on Tuesday. The stock’s fifty day moving average price is $359.16 and its two-hundred day moving average price is $329.82. Alphabet Inc. has a one year low of $163.33 and a one year high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The firm has a market cap of $4.45 trillion, a PE ratio of 28.00, a price-to-earnings-growth ratio of 1.53 and a beta of 1.23.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarter last year, the company posted $2.81 EPS. The company’s revenue for the quarter was up 21.8% compared to the same quarter last year. As a group, research analysts expect that Alphabet Inc. will post 14.3 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio is 6.71%.

Insider Buying and Selling

In other news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction on Friday, May 15th. The shares were sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the transaction, the director owned 2,531 shares in the company, valued at approximately $995,341.06. The trade was a 29.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 191,966 shares of company stock worth $16,963,968. 12.99% of the stock is owned by company insiders.

Alphabet 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.