Alphabet Inc. $GOOG Shares Sold by Dash Acquisitions Inc.

Key Points

• Dash Acquisitions Inc. trimmed its Alphabet stake by 2.4% in the fourth quarter, but Alphabet remains its largest holding, representing about 10.6% of the portfolio.
• Alphabet posted a strong quarterly report, with EPS of $5.11 beating estimates and revenue of $109.9 billion, up 21.8% year over year. The company also raised its quarterly dividend to $0.22 per share.
• Investor sentiment remains mixed: analysts point to AI and cloud growth as positives, but antitrust appeals, Waymo safety issues, and recent insider selling continue to create overhangs.

Dash Acquisitions Inc. lowered its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 161,837 shares of the information services provider's stock after selling 4,044 shares during the period. Alphabet comprises approximately 10.6% of Dash Acquisitions Inc.'s investment portfolio, making the stock its biggest position. Dash Acquisitions Inc.'s holdings in Alphabet were worth $53,947,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Tradewinds LLC. raised its position in shares of Alphabet by 2,134.8% during the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider's stock worth $10,984,000 after purchasing an additional 43,080 shares during the last quarter. Kathmere Capital Management LLC raised its position in shares of Alphabet by 8.5% during the 4th quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider's stock worth $9,381,000 after purchasing an additional 2,341 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in shares of Alphabet by 31.3% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider's stock worth $86,345,000 after purchasing an additional 84,553 shares during the last quarter. Baltimore Washington Financial Advisors Inc. raised its position in shares of Alphabet by 0.9% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider's stock worth $53,920,000 after purchasing an additional 2,009 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. raised its position in shares of Alphabet by 7.5% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 60,739 shares of the information services provider's stock worth $19,060,000 after purchasing an additional 4,239 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Recent commentary says Alphabet was one of the biggest winners among the Mag 7 this earnings season, helped by accelerating Google Cloud sales and broader AI-driven strength. Alphabet and NVIDIA: The Biggest Mag 7 Winners This Earnings Season
• Positive Sentiment: Analysts highlighted Alphabet’s new AI ad formats and shopping tools as potential catalysts for stronger search monetization, higher conversion rates, and increased ad spending. Alphabet's new AI ad formats seen boosting conversions and spending
• Positive Sentiment: Alphabet also announced a large $15 billion data center and AI infrastructure investment in Missouri, reinforcing investor confidence in its cloud and AI buildout. Google Deepens Missouri Roots with New Data Center, Energy, and Community Investments
• Neutral Sentiment: Google unveiled new AI search and agent features at I/O, which could improve engagement over time, but the rollout also raised concerns about complexity and possible disruption to the traditional search experience. You can no longer Google the word ‘disregard’
• Neutral Sentiment: Waymo temporarily paused some robotaxi and freeway services after safety issues in flooded roads and construction zones; while this is not core to Alphabet’s profits, it adds execution risk and negative headlines. Waymo suspends freeway rides, pauses Atlanta operations amid safety fixes
• Negative Sentiment: Alphabet has appealed the U.S. search-monopoly ruling, keeping antitrust overhang and potential remedies in focus for investors. Google appeals US court ruling on search monopoly

Insiders Place Their Bets

In other news, CAO Amie Thuener O'toole sold 617 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the completion of the sale, the chief accounting officer owned 10,093 shares of the company's stock, valued at $2,923,235.59. This represents a 5.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 102 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00. Following the completion of the sale, the director directly owned 18,621 shares of the company's stock, valued at approximately $6,908,391. This trade represents a 0.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 226,481 shares of company stock worth $27,422,061. 12.99% of the stock is currently owned by company insiders.

Alphabet Price Performance

NASDAQ GOOG opened at $379.38 on Monday. The business's fifty day simple moving average is $335.54 and its 200-day simple moving average is $321.07. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The firm has a market cap of $4.60 trillion, a PE ratio of 28.94, a P/E/G ratio of 1.62 and a beta of 1.25. Alphabet Inc. has a 52 week low of $163.33 and a 52 week high of $404.47.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.68 by $2.43. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. During the same quarter in the prior year, the firm posted $2.81 earnings per share. Alphabet's quarterly revenue was up 21.8% on a year-over-year basis. As a group, equities analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid a $0.22 dividend. This is a positive change from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet's dividend payout ratio is currently 6.41%.

Wall Street Analysts Forecast Growth

GOOG has been the subject of several research analyst reports. Truist Financial set a $385.00 price target on shares of Alphabet in a research report on Wednesday, April 22nd. Sanford C. Bernstein restated a "market perform" rating and set a $345.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Freedom Capital downgraded shares of Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 4th. TD Cowen reiterated a "buy" rating on shares of Alphabet in a report on Thursday. Finally, Piper Sandler reiterated an "overweight" rating and issued a $395.00 price objective on shares of Alphabet in a report on Thursday, February 5th. 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's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $372.65.

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.

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.