Alphabet Inc. $GOOG Shares Sold by GC Wealth Management RIA LLC

Key Points

• GC Wealth Management RIA LLC cut its Alphabet stake by 17.3% in the fourth quarter, selling 78,024 shares and leaving it with 374,087 shares worth about $117.4 million.
• Alphabet’s latest quarterly results beat expectations, with EPS of $5.11 versus $2.68 expected and revenue of $109.9 billion, up 21.8% year over year. Analysts have responded with bullish ratings and a consensus price target around $362.73.
• The company also raised its quarterly dividend to $0.22 per share, while ongoing news highlights both growth catalysts from AI monetization and hardware efforts and risks from regulatory and legal scrutiny.

GC Wealth Management RIA LLC reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 17.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 374,087 shares of the information services provider's stock after selling 78,024 shares during the period. Alphabet accounts for approximately 4.3% of GC Wealth Management RIA LLC's investment portfolio, making the stock its 5th biggest position. GC Wealth Management RIA LLC's holdings in Alphabet were worth $117,389,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new stake in shares of Alphabet in the 4th quarter valued at about $973,000. Sage Rhino Capital LLC increased its stake in shares of Alphabet by 11.6% in the fourth quarter. Sage Rhino Capital LLC now owns 20,744 shares of the information services provider's stock valued at $6,510,000 after buying an additional 2,155 shares during the period. Barnes Pettey Financial Advisors LLC bought a new position in shares of Alphabet during the fourth quarter worth about $226,000. Wealth Forward LLC bought a new position in shares of Alphabet during the fourth quarter worth about $334,000. Finally, PVG Asset Management Corp lifted its stake in shares of Alphabet by 41.2% in the fourth quarter. PVG Asset Management Corp now owns 2,675 shares of the information services provider's stock worth $839,000 after acquiring an additional 780 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the company's 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 transaction, the director directly owned 3,581 shares of the company's stock, valued at approximately $1,187,638.65. This represents a 22.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O'toole sold 955 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was 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 in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 158,553 shares of company stock worth $47,951,856 over the last three months. 12.99% of the stock is currently owned by company insiders.

Alphabet News Roundup

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 Price Performance

Shares of GOOG opened at $397.05 on Friday. The firm has a market cap 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. Alphabet Inc. has a 52-week low of $153.83 and a 52-week high of $398.37. The business's 50 day moving average price is $317.19 and its two-hundred day moving average price is $311.59. 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 announced its quarterly earnings data 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 net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.96 billion. During the same quarter last year, the firm posted $2.81 EPS. The company's quarterly revenue was up 21.8% on a year-over-year basis. On average, equities analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

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

Wall Street Analyst Weigh In

GOOG has been the topic of several analyst reports. UBS Group reiterated a "neutral" rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Truist Financial set a $385.00 price target on shares of Alphabet in a research report on Wednesday, April 22nd. Wells Fargo & Company raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $370.00 price objective on shares of Alphabet in a research report on Tuesday, January 20th. Finally, Needham & Company LLC set a $400.00 target price on shares of Alphabet and gave the stock a "buy" rating in a research note on Friday, March 13th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target 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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