Alphabet Inc. $GOOG Shares Purchased by Diversified Enterprises LLC

Key Points

• Record Q1 results: Alphabet reported EPS of $5.11 vs. $2.68 consensus and revenue of $109.9B (up 21.8% YoY), with Google Cloud growing ~63% to roughly $20B, prompting multiple price‑target raises and a consensus "Buy."
• Big AI capex plan: Management signaled very large AI‑related spending (2026 capex ~ $185–190B and "significantly higher" expected in 2027), which supports growth but could pressure free cash flow and raise execution/ROI risk.
• Ownership moves: Diversified Enterprises LLC boosted its stake by 29.8% to 19,445 shares (~$6.1M), while insiders have sold 191,053 shares (~$58.8M) in the past 90 days; insiders now own 12.99% of the stock.

Diversified Enterprises LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 29.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,445 shares of the information services provider's stock after purchasing an additional 4,460 shares during the quarter. Diversified Enterprises LLC's holdings in Alphabet were worth $6,102,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Imprint Wealth LLC acquired a new stake in shares of Alphabet in the third quarter valued at approximately $31,000. Manning & Napier Advisors LLC acquired a new stake in shares of Alphabet in the third quarter valued at approximately $32,000. Nvest Wealth Strategies Inc. acquired a new stake in shares of Alphabet in the fourth quarter valued at approximately $38,000. Towne Trust Company N.A increased its holdings in shares of Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock valued at $42,000 after purchasing an additional 34 shares during the last quarter. Finally, Lynch Asset Management Inc. acquired a new stake in shares of Alphabet in the third quarter valued at approximately $61,000. Institutional investors and hedge funds own 27.26% of the company's stock.

Insider Buying and Selling

In related news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Amie Thuener O'toole sold 955 shares of Alphabet stock in a transaction on 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 owned 9,918 shares of the company's stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 191,053 shares of company stock valued at $58,845,206. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Performance

GOOG opened at $383.22 on Monday. Alphabet Inc. has a 52 week low of $149.49 and a 52 week high of $383.39. The business has a fifty day simple moving average of $312.44 and a 200-day simple moving average of $308.65. The firm has a market cap of $4.64 trillion, a P/E ratio of 29.23, a P/E/G ratio of 1.81 and a beta of 1.25. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. During the same period last year, the business posted $2.81 earnings per share. The company's quarterly revenue was up 21.8% on a year-over-year basis. On average, equities analysts expect that Alphabet Inc. will post 12.78 earnings per share for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is a boost from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. Alphabet's dividend payout ratio (DPR) is 6.41%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on GOOG shares. TD Cowen increased their price target on Alphabet from $375.00 to $450.00 and gave the company a "buy" rating in a report on Thursday. Wedbush reiterated an "outperform" rating and issued a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Canaccord Genuity Group increased their price objective on Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a research report on Wednesday, January 7th. Raymond James Financial reiterated a "strong-buy" rating and issued a $425.00 price objective on shares of Alphabet in a research report on Thursday. Finally, Scotiabank reiterated an "outperform" rating and issued a $450.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $362.73.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Record Q1 fundamentals — Alphabet beat estimates (EPS $5.11 vs. $2.64 consensus) and reported $109.9B revenue; Google Cloud grew ~63% to ~ $20B with a very large backlog, which underpins multi-year revenue visibility and explains the rally. Alphabet Q1 2026 Earnings Call Highlights
• Positive Sentiment: Wall Street is upgrading targets — multiple firms (JPMorgan, TD Cowen, Scotiabank, Raymond James, Piper Sandler and others) raised price targets and reiterated buys after the quarter, signaling analyst conviction that AI/cloud growth justifies higher valuation. Coverage: Recent price-target raises
• Positive Sentiment: Strategic wins and ecosystem advantages — articles argue Alphabet’s “compute” advantage (TPUs, datacenter scale, full‑stack Gemini integrations) gives it a structural edge versus rivals and supports both ad/product monetization and enterprise AI demand. Compute is destiny. Google just proved it.
• Neutral Sentiment: Government and enterprise demand — the U.S. Pentagon and other large customers have agreements with leading AI providers including Google, validating long-term cloud/AI revenue channels but timing and contract sizes vary. This supports durable demand but is not an immediate revenue kicker. Pentagon reaches agreements with leading AI companies
• Negative Sentiment: CapEx intensity and cash flow tradeoff — management signaled very large AI-related capital spending (2026 capex ~ $185–190B and “significantly higher” expected in 2027). That funds growth but will pressure free cash flow and raises execution/ROI scrutiny. Alphabet ups 2026 capex to as much as $190 billion
• Negative Sentiment: Rising cost concerns and regulatory risks — commentary highlights the growing capital and operating cost of AI (potential margin/cashflow headwinds), and regulators in Europe are probing Google’s AI/search features — both are watch‑items for investors. Google Stock Growth Collides With The Rising Cost Of AI Italy asks EU to investigate Google AI search tools

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.

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