Alphabet Inc. $GOOG Shares Sold by Mendel Money Management

Key Points

• Mendel Money Management cut its Alphabet stake by 9.4% in Q4, selling 2,707 shares and leaving it with 25,950 shares worth about $8.14 million, representing 3.4% of the firm's holdings and its third-largest position.
• Alphabet reported a strong Q1 with EPS of $5.11 (vs. $2.68 expected) and revenue of $109.9 billion (up 21.8% YoY), prompting analyst upgrades and a MarketBeat consensus rating of “Buy” (average target ~$362.73).
• Management actions show : insiders sold 191,053 shares (~$58.8M) over 90 days, even as Alphabet raised its quarterly dividend to $0.22 ($0.88 annualized, ~0.2% yield).

Mendel Money Management cut its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 9.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 25,950 shares of the information services provider's stock after selling 2,707 shares during the quarter. Alphabet comprises 3.4% of Mendel Money Management's holdings, making the stock its 3rd biggest position. Mendel Money Management's holdings in Alphabet were worth $8,143,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Nvest Wealth Strategies Inc. bought a new stake in Alphabet in the 4th quarter valued at approximately $38,000. Imprint Wealth LLC bought a new stake in Alphabet in the 3rd quarter valued at approximately $31,000. Manning & Napier Advisors LLC bought a new stake in Alphabet in the 3rd quarter valued at approximately $32,000. Towne Trust Company N.A lifted its stake in Alphabet by 34.0% in the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock valued at $42,000 after acquiring an additional 34 shares in the last quarter. Finally, Creative Capital Management Investments LLC lifted its stake in Alphabet by 1,438.5% in the 4th quarter. Creative Capital Management Investments LLC now owns 200 shares of the information services provider's stock valued at $63,000 after acquiring an additional 187 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Down 0.9%

Shares of Alphabet stock opened at $379.64 on Tuesday. Alphabet Inc. has a 12-month low of $149.49 and a 12-month high of $384.18. The stock has a market cap of $4.59 trillion, a P/E ratio of 28.96, 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. The business's 50 day moving average is $312.44 and its 200-day moving average is $308.65.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings data 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 company 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 business's revenue was up 21.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.81 EPS. Equities research analysts predict that Alphabet Inc. will post 12.78 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The firm 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 dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is a boost from Alphabet's previous quarterly dividend of $0.21. Alphabet's payout ratio is presently 6.41%.

Wall Street Analysts Forecast Growth

Several research firms have commented on GOOG. Pivotal Research restated a "buy" rating and issued a $470.00 target price (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. BMO Capital Markets restated an "outperform" rating and issued a $400.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Wedbush restated an "outperform" rating and issued a $370.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research note on Monday, April 20th. Finally, Oppenheimer restated an "outperform" rating and issued a $425.00 target price on shares of Alphabet in a research note on Thursday. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Alphabet presently has a consensus rating of "Buy" and an average target price of $362.73.

Insiders Place Their Bets

In related news, CAO Amie Thuener O'toole sold 955 shares of the business's 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 directly owned 9,918 shares of the company's stock, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total value of $9,877,400.00. Following the transaction, the chief executive officer directly owned 2,818,524 shares in the company, valued at $856,605,814.08. The trade was a 1.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 191,053 shares of company stock valued at $58,845,206 over the last 90 days. 12.99% of the stock is owned by insiders.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 beat and Cloud strength — Alphabet reported far‑above‑consensus EPS and revenue and disclosed a Google Cloud backlog near ~$468B, driving optimistic analyst revisions and momentum after the quarter. Read More.
• Positive Sentiment: Analyst upgrades & higher price targets — Several firms raised targets and reiterated buy/outperform views (examples include JPMorgan, 24/7 Wall St. models projecting material upside, and a Citizens upgrade). These lifts support medium‑term upside expectations. Read More.
• Positive Sentiment: Large buyer activity — Mirae Asset reported a sizable addition to its GOOGL stake in recent 13F filings, signaling institutional demand. Read More.
• Neutral Sentiment: Strategic/geo-political relevance — Coverage notes Washington is increasingly focused on Google for national AI compute capacity, which could translate to long‑term government/business opportunities but also regulatory/oversight scrutiny. Read More.
• Neutral Sentiment: Waymo & mobility investments — Continued large funding and VC interest in Waymo highlight growth optionality beyond ads, but returns are long‑dated. Read More.
• Neutral Sentiment: AI ecosystem lift for semis and payments — Alphabet’s $190B AI buildout and agentic‑commerce themes boost broader AI infrastructure demand (beneficial for Google, but also benefits peers). Read More.
• Negative Sentiment: Institutional trimming & profit‑taking — Some funds cut GOOG/GOOGL positions (State of Michigan reduced GOOGL; Manning & Napier and Yacktman trimmed stakes), consistent with profit‑taking after a big run. That pressure can cap near‑term gains. Read More. Read More.Read More.
• Negative Sentiment: Rising capex guidance — Alphabet warned of a significant increase in 2027 capital spending tied to AI infrastructure, which can compress near‑term free cash flow and prompt some investors to take profits. Read More.
• Negative Sentiment: Insider selling — A director sale was reported (small amount), a reminder some insiders are trimming exposure; typically immaterial alone but contributes to the day's negative tape. Read More.

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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