Alphabet Inc. $GOOG Shares Sold by Nichols & Pratt Advisers LLP MA

Key Points

• Nichols & Pratt Advisers trimmed its Alphabet stake by 4.1% in Q4, selling 19,577 shares and leaving 454,563 shares valued at $142.6M, making GOOG its second‑largest holding (8.9% of the firm's portfolio).
• Alphabet posted a strong Q1 beat with $5.11 EPS vs. $2.68 expected and $109.9B revenue (+21.8%); ~63% Cloud growth, analyst target upgrades and a reported ~$200B Anthropic commitment have lifted sentiment and a consensus "Buy" (avg target $362.73).
• Active insider and institutional moves: CEO Sundar Pichai sold 32,500 shares (~$9.88M) and insiders sold ~158,553 shares (~$47.95M) in the past three months, institutional ownership is ~27.26%, and Alphabet raised its quarterly dividend to $0.22 ($0.88 annualized).

Nichols & Pratt Advisers LLP MA cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 4.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 454,563 shares of the information services provider's stock after selling 19,577 shares during the period. Alphabet comprises about 8.9% of Nichols & Pratt Advisers LLP MA's holdings, making the stock its 2nd biggest holding. Nichols & Pratt Advisers LLP MA's holdings in Alphabet were worth $142,642,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in GOOG. Vanguard Group Inc. grew its holdings in shares of Alphabet by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider's stock worth $132,114,125,000 after buying an additional 8,128,234 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Alphabet by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock worth $24,240,469,000 after buying an additional 7,904,434 shares in the last quarter. Danske Bank A S purchased a new stake in shares of Alphabet during the third quarter worth $678,198,000. Holocene Advisors LP purchased a new stake in shares of Alphabet during the second quarter worth $455,745,000. Finally, Alliancebernstein L.P. grew its holdings in shares of Alphabet by 5.8% during the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock worth $9,749,864,000 after buying an additional 2,209,203 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on GOOG. Oppenheimer reaffirmed an "outperform" rating and set a $425.00 target price on shares of Alphabet in a report on Thursday, April 30th. Canaccord Genuity Group upped their target price on shares of Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a report on Wednesday, January 7th. TD Cowen upped their target price on shares of Alphabet from $375.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. BMO Capital Markets reaffirmed an "outperform" rating and set a $400.00 target price on shares of Alphabet in a report on Thursday, February 5th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $375.00 price objective on shares of Alphabet in a report on Thursday, January 15th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $362.73.

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O'toole sold 955 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction 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 $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 the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the transaction, the chief executive officer directly owned 2,818,524 shares of the company's stock, valued at approximately $856,605,814.08. This trade represents a 1.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 158,553 shares of company stock worth $47,951,856. 12.99% of the stock is owned by corporate insiders.

Alphabet Trading Up 2.9%

Shares of GOOG stock opened at $395.50 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The firm has a market cap of $4.78 trillion, a PE ratio of 30.17, a price-to-earnings-growth ratio of 1.60 and a beta of 1.25. The company has a 50-day moving average of $315.50 and a two-hundred day moving average of $310.59. Alphabet Inc. has a 1-year low of $149.49 and a 1-year high of $396.38.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.68 by $2.43. The company had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Alphabet's revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.81 earnings per share. On average, analysts predict that Alphabet Inc. will post 14 EPS for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.2%. This is a boost 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 6.41%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Huge commercial win: Anthropic has committed roughly $200 billion to use Google Cloud and chips over multiple years, locking in large revenue/backlog assumptions that materially de‑risk Cloud growth and future margin expansion. Anthropic commits to spending $200 billion on Google's cloud and chips
• Positive Sentiment: Analyst bullishness: Mizuho and other shops have lifted forecasts/targets after Q1, citing underestimated Google Cloud and TPU/chip contributions — supporting further upside and helping push sentiment to record highs. Google Stock Nudges Up as Mizuho Elevates Alphabet’s Forecast
• Positive Sentiment: Q1 momentum and Cloud backlog: Strong Q1 results (large EPS beat, ~63% Cloud growth and a rapidly expanding Cloud backlog) continue to validate the AI/cloud revenue thesis and investor rotation into GOOG. Alphabet's $460B AI Lock-In
• Neutral Sentiment: Product & research moves: DeepMind took a minority stake in the studio behind EVE Online to train models in complex simulated environments, and Google is developing a personal AI agent (“Remy”) and new AI search features — these support long‑term AI capability gains but are incremental near‑term revenue drivers. Google DeepMind Will Train AI Models on the MMORPG Eve Online
• Negative Sentiment: Institutional trimming: Large funds disclosed meaningful reductions in GOOG holdings (e.g., CalPERS and Deutsche Bank filings show multi‑percent position cuts), which can add supply pressure and headline volatility. Fund Update: CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Just Disclosed New Holdings
• Negative Sentiment: Regulatory & legal risk: Google is negotiating changes in EU news search to avoid additional multibillion‑euro fines, but the liability remains unresolved — a material tail risk if regulators press further. Google moves to avert EU fines with offer in news search case, Bloomberg News reports
• Negative Sentiment: Employee / reputational friction: Classified DoD AI work and DeepMind unionization/employee protests over defense contracts create potential operational and PR headaches that could weigh on sentiment for some investors. Google DeepMind employees vote to unionize over AI military deals

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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