25,000 Shares in Alphabet Inc. $GOOG Bought by Capelight Capital Asset Management LP

Key Points

• Capelight Capital Asset Management LP bought a new stake of 25,000 shares of Alphabet valued at about $7.845 million, making GOOG ~6.4% of its portfolio and the firm's third-largest holding.
• Alphabet reported a blowout Q1—EPS $5.11 vs. ~$2.64 consensus and revenue $109.9B—with Google Cloud up ~63% to ~$20B and a ~$460B backlog, fueling analyst upgrades and a roughly 10% stock rally.
• The company raised its quarterly dividend to $0.22 ($0.88 annual, ~0.2% yield) while also increasing 2026 capex guidance to ~$180–190B to scale AI infrastructure, a move that supports long-term growth but may pressure near-term free cash flow amid rising regulatory scrutiny.

Capelight Capital Asset Management LP purchased a new stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 25,000 shares of the information services provider's stock, valued at approximately $7,845,000. Alphabet makes up about 6.4% of Capelight Capital Asset Management LP's investment portfolio, making the stock its 3rd biggest position.

Other hedge funds also recently bought and sold shares of the company. Imprint Wealth LLC purchased a new stake in Alphabet during the third quarter valued at $31,000. Manning & Napier Advisors LLC purchased a new stake in Alphabet during the third quarter valued at $32,000. Tripletail Wealth Management LLC purchased a new stake in Alphabet during the third quarter valued at $40,000. Lynch Asset Management Inc. purchased a new stake in Alphabet during the third quarter valued at $61,000. Finally, Winnow Wealth LLC purchased a new stake in Alphabet during the third quarter valued at $63,000. Hedge funds and other institutional investors own 27.26% of the company's stock.

Alphabet Trading Up 10.0%

GOOG stock opened at $381.94 on Friday. The company has a market capitalization of $4.62 trillion, a PE ratio of 29.13, a P/E/G ratio of 2.15 and a beta of 1.13. Alphabet Inc. has a 12 month low of $149.49 and a 12 month high of $382.63. The firm's 50-day moving average is $312.44 and its 200 day moving average is $307.77. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.64 by $2.47. The company had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 41.25%. The firm's revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.81 EPS. On average, research analysts anticipate that Alphabet Inc. will post 11.54 EPS for the current year.

Alphabet Increases Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. This is a boost from Alphabet's previous quarterly dividend of $0.21. Alphabet's payout ratio is 7.77%.

Insider Activity at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director owned 4,631 shares of the company's stock, valued at $1,405,091.71. This trade represents a 18.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 191,884 shares of company stock worth $59,121,365. 12.99% of the stock is currently owned by corporate insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings materially beat expectations — EPS $5.11 vs. ~$2.63 consensus and revenue of $109.9B, which reset near-term growth expectations and drove the initial rally. Alphabet Q1 earnings
• Positive Sentiment: Google Cloud surged ~63% to ~$20B and management cited a massive cloud backlog (~$460B), giving multi-year revenue visibility and validating AI monetization. Reuters: Cloud beats
• Positive Sentiment: Wall Street is raising targets and upgrading ratings after the quarter (JPMorgan, TD Cowen, Scotiabank and others), providing fresh buy-side momentum and higher upside expectations. 247WallSt: Price target lifts
• Positive Sentiment: Product execution signals: Gemini AI is being rolled out to millions of vehicles and Waymo continues geographic expansion — both expand addressable markets for AI services and ads/subscriptions. TechCrunch: Gemini in cars Business Insider: Waymo growth
• Positive Sentiment: Capital returns: company raised the quarterly dividend (small yield) and continues large buybacks, supporting shareholder returns alongside growth.
• Neutral Sentiment: CapEx and cash-flow tradeoff — management raised 2026 capex guidance (to as much as ~$180–190B) to scale AI infrastructure; this supports long-term growth but will pressure free cash flow near term. CNBC: capex update
• Negative Sentiment: Regulatory risk is rising — Italy has asked the EU to probe Google’s AI search tools and Switzerland opened a probe into alleged keyword bidding pacts; Brazil advanced an antitrust review — any adverse rulings could affect ad/product rules and monetization. Reuters: Italy probe Reuters: Switzerland probe

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on GOOG. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Alphabet in a research note on Tuesday, January 20th. Piper Sandler reaffirmed an "overweight" rating and set a $395.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Wedbush reaffirmed an "outperform" rating and set a $370.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Truist Financial set a $385.00 price target on shares of Alphabet in a research note on Wednesday, April 22nd. Finally, Phillip Securities downgraded shares of Alphabet from a "strong-buy" rating to a "moderate buy" rating in a research note on Wednesday, April 15th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Alphabet has an average rating of "Buy" and an average target price of $362.73.

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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