8,020 Shares in Alphabet Inc. $GOOG Acquired by South Shore Capital Advisors

Key Points

• South Shore Capital Advisors bought a new position in Alphabet (GOOG), acquiring 8,020 shares worth about $2.517 million, which is roughly 1.8% of the firm's portfolio and its 14th-largest holding.
• Significant insider selling has occurred recently: 2017 Gp L.L.C. Gv sold 1,845,308 shares for $35.06 million, insiders sold 2,068,744 shares (~$104.5 million) in the last 90 days, and corporate insiders now own 12.99% of the stock.
• Alphabet beat quarterly expectations with EPS of $2.82 vs. $2.59 and revenue of $113.83 billion (up 18% year-over-year), and it recently paid a quarterly dividend of $0.21 per share (0.3% yield).

South Shore Capital Advisors bought a new position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,020 shares of the information services provider's stock, valued at approximately $2,517,000. Alphabet makes up approximately 1.8% of South Shore Capital Advisors' investment portfolio, making the stock its 14th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GOOG. Imprint Wealth LLC bought a new stake in Alphabet during the third quarter worth approximately $31,000. Manning & Napier Advisors LLC bought a new stake in Alphabet during the third quarter worth approximately $32,000. Tripletail Wealth Management LLC bought a new stake in Alphabet during the third quarter worth approximately $40,000. Retirement Wealth Solutions LLC raised its holdings in Alphabet by 145.0% during the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider's stock worth $48,000 after purchasing an additional 116 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC raised its holdings in Alphabet by 56.8% during the third quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider's stock worth $53,000 after purchasing an additional 79 shares in the last quarter. Institutional investors own 27.26% of the company's stock.

Insider Activity

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Amie Thuener O'toole sold 955 shares of Alphabet stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 2,068,744 shares of company stock worth $104,505,914. 12.99% of the stock is owned by corporate insiders.

Alphabet Trading Up 1.1%

Alphabet stock opened at $319.21 on Tuesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market cap of $3.86 trillion, a price-to-earnings ratio of 29.53, a price-to-earnings-growth ratio of 1.95 and a beta of 1.13. Alphabet Inc. has a 1 year low of $148.40 and a 1 year high of $350.15. The firm's 50 day moving average price is $305.81 and its two-hundred day moving average price is $299.79.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm's quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.15 earnings per share. On average, research analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet's payout ratio is presently 7.77%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on GOOG shares. Wells Fargo & Company raised Alphabet from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. Piper Sandler restated an "overweight" rating and issued a $395.00 price target on shares of Alphabet in a research report on Thursday, February 5th. KeyCorp set a $370.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Pivotal Research restated a "buy" rating and issued a $420.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research report on Wednesday, January 21st. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $345.71.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term Broadcom TPU deal reduces execution risk on Google’s AI hardware plans and reassures investors about supply for future TPU generations; UBS said the agreement eases a core investor concern. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS
• Positive Sentiment: Alphabet’s expanding AI infrastructure strategy (TPUs + Anthropic collaboration) positions it as a potential AI-infrastructure vendor and differentiator versus GPU incumbents, a catalyst for multiple revenue streams beyond search. Catalyst Alert: Anthropic Deal Makes Alphabet Stock a Must-Buy
• Positive Sentiment: Product-side momentum: Google rolled out an AI-powered Google Finance globally, demonstrating faster product monetization of AI features that can strengthen ad and services engagement. Alphabet: AI-Powered Google Finance Is A Masterstroke
• Positive Sentiment: Institutional buying: prominent investor Stanley Druckenmiller meaningfully increased his Alphabet position, signaling conviction from big-money managers. That can support short-term price strength. Stanley Druckenmiller Made 1 Huge Bet That Still Looks Attractive Today and Cut 2 Top Positions
• Neutral Sentiment: Analyst views mixed: Zacks upgraded Alphabet to a buy (Zacks Rank #2) reflecting improved earnings optimism, while some sell-side firms maintain cautious/hold views — keeps sentiment balanced. What Makes Alphabet (GOOGL) a New Buy Stock
• Neutral Sentiment: Corporate social/skills investments: Google is funding AI training programs for manufacturing workers — positive for public policy and workforce adoption, but limited immediate revenue impact. Google partners on AI training for thousands of American manufacturing workers
• Negative Sentiment: Ad market threat: Multiple reports (eMarketer/WSJ/Reuters) project Meta to surpass Google in net digital-ad revenue in 2026, creating investor concern about Google’s ad-growth leadership and margin trajectory. Meta poised to surpass Google in digital ad revenue for first time, report says
• Negative Sentiment: Waymo’s commercial launches may pressure near-term margins and require more investment before material revenue follows; analysts flag a short-term negative catalyst despite long-term upside. As Waymo Launches in Nashville, Should You Buy, Sell, or Hold GOOGL Stock?

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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