Alphabet Inc. $GOOG Shares Sold by Sachetta LLC

Key Points

• Sachetta LLC sharply reduced its Alphabet stake by 87.2% in the fourth quarter, selling 4,883 shares and ending with 717 shares valued at about $225,000.
• Alphabet reported strong quarterly results, with EPS of $5.11 versus the $2.68 consensus and revenue of $109.9 billion, up 21.8% year over year.
• The company also raised its quarterly dividend to $0.22 per share from $0.21, while analysts remain broadly positive with a consensus rating of Buy and an average price target of $362.73.

Sachetta LLC lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 87.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 717 shares of the information services provider's stock after selling 4,883 shares during the period. Sachetta LLC's holdings in Alphabet were worth $225,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Imprint Wealth LLC purchased a new position in Alphabet during the third quarter valued at approximately $31,000. Manning & Napier Advisors LLC purchased a new stake in Alphabet in the 3rd quarter worth approximately $32,000. Nvest Wealth Strategies Inc. purchased a new stake in Alphabet in the 4th quarter worth approximately $38,000. Towne Trust Company N.A grew its stake in shares of Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock worth $42,000 after purchasing an additional 34 shares during the period. Finally, Lynch Asset Management Inc. acquired a new stake in shares of Alphabet during the 3rd quarter worth approximately $61,000. Institutional investors and hedge funds own 27.26% of the company's stock.

Insider Buying and Selling

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the 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 completion of the transaction, the director owned 3,581 shares of the company's stock, valued at $1,187,638.65. This represents a 22.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frances Arnold sold 102 shares of the firm's stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $371.00, for a total value of $37,842.00. Following the completion of the transaction, the director owned 18,621 shares in the company, 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. Insiders sold a total of 158,553 shares of company stock worth $47,951,856 in the last quarter. 12.99% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GOOG. Freedom Capital lowered shares of Alphabet from a "strong-buy" rating to a "hold" rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $370.00 price target on shares of Alphabet in a research report on Tuesday, January 20th. JPMorgan Chase & Co. lifted their price objective on shares of Alphabet from $395.00 to $460.00 and gave the company an "overweight" rating in a report on Thursday, April 30th. KeyCorp set a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Finally, Wedbush reissued an "outperform" rating and set a $370.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $362.73.

Alphabet Price Performance

Alphabet stock opened at $383.82 on Wednesday. The company's fifty day moving average price is $321.91 and its 200 day moving average price is $314.45. Alphabet Inc. has a 1 year low of $157.58 and a 1 year high of $398.37. The stock has a market capitalization of $4.65 trillion, a P/E ratio of 29.28, a P/E/G ratio of 1.58 and a beta of 1.25. 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 posted its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, topping analysts' consensus estimates of $2.68 by $2.43. The company had revenue of $109.90 billion during the quarter, compared to analysts' expectations of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The firm's revenue for the quarter was up 21.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 earnings per share. As a group, equities research analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 8th. 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. Alphabet's dividend payout ratio is 6.41%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is leaning harder into AI across Android, unveiling Gemini-powered features that can handle more multi-step tasks, plus new “Googlebooks” AI-native laptops and other ecosystem upgrades. That reinforces Alphabet’s AI growth narrative and could help drive more usage across Search, Android, and Chrome. Everything Google announced at its Android Show, from Googlebooks to vibe-coded widgets
• Positive Sentiment: Alphabet is reportedly in advanced talks with SpaceX to explore orbital data centers, a potentially ambitious expansion of its cloud and AI infrastructure strategy. Investors appear to be reading this as another signal that Google is pushing aggressively to stay ahead in next-generation compute. SpaceX, Google in Talks to Explore Data Centers in Orbit
• Positive Sentiment: Google also expanded its commerce ecosystem by integrating Affirm pay-over-time options into Gemini and Search via Google Pay, which could improve conversion rates and strengthen monetization in AI-driven shopping. Affirm Brings Pay-Over-Time Options to Google AI Platforms
• Positive Sentiment: Alphabet continues to benefit from strong analyst sentiment after its latest quarter, with multiple buy ratings and price targets clustered above current levels, reflecting confidence in cloud growth and AI monetization. Alphabet Stock (GOOG) Opinions on SpaceX Orbital Data Centers Talks
• Neutral Sentiment: Google’s Threat Intelligence Group said it thwarted an AI-enabled hacking effort, highlighting both its cybersecurity capabilities and the growing risk of AI-powered attacks. The news is important operationally, but its stock impact is likely limited unless it leads to broader enterprise-security adoption. Hackers pushing innovation in AI-enabled hacking operations, Google says
• Neutral Sentiment: Alphabet is planning to tap debt markets, including a possible first yen bond sale, to fund its heavy AI infrastructure spending. That supports long-term growth ambitions, but it also raises near-term questions about capex intensity and returns on investment. Alphabet considers first yen bond sale to fund AI goals
• Negative Sentiment: Reuters reported that Google offered changes to its spam policy in an effort to avoid an EU antitrust fine. While not necessarily a major financial hit, the development keeps regulatory pressure on Alphabet in focus. Alphabet Inc.’s (GOOG) Google Offers Spam Policy Changes to Avert EU Antitrust Fine, Reuters Reports

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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