Alphabet Inc. $GOOG Shares Acquired by Joel Isaacson & Co. LLC

Key Points

• Joel Isaacson & Co. LLC increased its Alphabet stake by 6.0% in the fourth quarter, buying 27,416 additional shares and bringing its total holdings to 486,809 shares worth about $152.8 million.
• Alphabet reported strong quarterly results, posting EPS of $5.11 versus estimates of $2.68 and revenue of $109.9 billion, both ahead of analyst expectations.
• The company also raised its quarterly dividend to $0.22 per share from $0.21, while analysts remain broadly bullish with an average price target of $362.73 and a consensus rating of “Buy.”

Joel Isaacson & Co. LLC boosted its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 6.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 486,809 shares of the information services provider's stock after buying an additional 27,416 shares during the period. Alphabet accounts for 5.0% of Joel Isaacson & Co. LLC's portfolio, making the stock its 5th biggest holding. Joel Isaacson & Co. LLC's holdings in Alphabet were worth $152,761,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of GOOG. Imprint Wealth LLC bought a new position in shares of Alphabet in the third quarter valued at approximately $31,000. Manning & Napier Advisors LLC bought a new stake in Alphabet during the third quarter worth approximately $32,000. Nvest Wealth Strategies Inc. bought a new stake in Alphabet during the fourth quarter worth approximately $38,000. Towne Trust Company N.A lifted its position in Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock worth $42,000 after purchasing an additional 34 shares during the period. Finally, Lynch Asset Management Inc. acquired a new stake in Alphabet in the third quarter worth approximately $61,000. Institutional investors and hedge funds own 27.26% of the company's stock.

Insider Buying and Selling

In other Alphabet news, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the transaction, the director directly owned 3,581 shares in the company, valued at approximately $1,187,638.65. This trade represents a 22.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 158,553 shares of company stock worth $47,951,856. Company insiders own 12.99% of the company's stock.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $397.05 on Friday. Alphabet Inc. has a one year low of $153.83 and a one year high of $398.37. The stock has a fifty day moving average of $317.19 and a 200-day moving average of $311.59. The company has a market capitalization of $4.80 trillion, a PE ratio of 30.29, a price-to-earnings-growth ratio of 1.66 and a beta of 1.25. 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 issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.68 by $2.43. The business had revenue of $109.90 billion for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period in the previous year, the firm posted $2.81 EPS. As a group, equities analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current fiscal 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 given a $0.22 dividend. This is a positive change from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet's dividend payout ratio is 6.41%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on GOOG shares. Piper Sandler reiterated an "overweight" rating and set a $395.00 price target on shares of Alphabet in a research report on Thursday, February 5th. KeyCorp set a $370.00 price objective on Alphabet in a report on Thursday, February 5th. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $345.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Freedom Capital lowered Alphabet from a "strong-buy" rating to a "hold" rating in a report on Monday, May 4th. Finally, Needham & Company LLC set a $400.00 price target on shares of Alphabet and gave the company a "buy" rating in a report on Friday, March 13th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $362.73.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s recent earnings strength continues to drive optimism, with analysts raising price targets and earnings estimates after a strong Q1 beat that showed faster growth in Search, Cloud, and YouTube. Investors are also reacting to broad bullish coverage and high-profile holders adding to GOOG exposure.
• Positive Sentiment: Google is expanding its AI monetization tools, unveiling AI-powered Search and Shopping bidding/budgeting features that could make ad spending more efficient and support ad revenue growth. Article: Google AI Automates Ad Bidding and Budget Pacing
• Positive Sentiment: Alphabet is also leaning into AI and consumer hardware, with new Fitbit Air and AI health-coach launches, plus continued work on smart glasses and broader agentic AI products. These developments reinforce the view that Google is becoming a major AI platform across ads, devices, and subscriptions.
• Neutral Sentiment: Several reports point to continued institutional interest and analyst support, including fund additions and upgraded target prices, but these are largely reinforcement signals rather than immediate catalysts.
• Negative Sentiment: Regulatory overhang remains a concern after Google was given more time to address EU antitrust issues, and a new UK lawsuit over online display ads adds another legal challenge. Article: Google has bit more time to address concerns in EU investigation, EU Commission says
• Negative Sentiment: Google also settled a racial discrimination lawsuit for $50 million, which removes some uncertainty but highlights ongoing reputational and legal risks tied to employment practices. Article: Google settles racial discrimination lawsuit for $50 million

Alphabet Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.