Alphabet Inc. $GOOGL Holdings Cut by Vaughan David Investments LLC IL

Key Points

• Vaughan David Investments LLC IL cut its Alphabet stake by 2.3% in the fourth quarter, selling 5,871 shares and ending with 248,595 shares worth about $77.8 million.
• Despite that trim, Alphabet continues to attract institutional interest: several other hedge funds increased holdings, and institutions collectively own 40.03% of the company.
• Business momentum remains strong as Waymo launched a new subscription tier, Wing expanded its Walmart delivery partnership, and analysts raised earnings estimates, even as Alphabet faces ongoing legal and cybersecurity-related pressures.

Vaughan David Investments LLC IL lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 248,595 shares of the information services provider's stock after selling 5,871 shares during the period. Alphabet comprises approximately 1.7% of Vaughan David Investments LLC IL's holdings, making the stock its 8th largest holding. Vaughan David Investments LLC IL's holdings in Alphabet were worth $77,810,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock worth $20,886,000 after acquiring an additional 4,110 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock worth $2,826,000 after acquiring an additional 506 shares during the period. Matrix Asset Advisors Inc. NY grew its holdings in shares of Alphabet by 17.6% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider's stock worth $685,000 after acquiring an additional 581 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Alphabet by 11.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider's stock worth $85,557,000 after acquiring an additional 48,805 shares during the period. Finally, United Bank grew its holdings in shares of Alphabet by 6.9% during the 2nd quarter. United Bank now owns 48,204 shares of the information services provider's stock worth $8,495,000 after acquiring an additional 3,120 shares during the period. Hedge funds and other institutional investors own 40.03% of the company's stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Waymo unit launched a new $29.99 monthly membership tier with perks like priority pickups and cash back, highlighting growing recurring revenue potential as robotaxi usage scales. Article: Waymo launches premier subscription tier for $29.99 a month, starting in select cities
• Positive Sentiment: Wing, Alphabet’s drone-delivery business, expanded its Walmart partnership into seven more U.S. cities, signaling that its “Other Bets” segment is moving closer to real commercial scale. Article: Alphabet's Most Overlooked Division Just Had a Big Week
• Positive Sentiment: Reuters reported that Google is in talks with Samsung to manufacture part of its next-generation TPU chip, which could strengthen Alphabet’s AI infrastructure and reduce dependence on outside chip partners. Article: Google in talks with Samsung to make next-generation chips
• Positive Sentiment: Analysts at Erste Group raised their earnings estimates for Alphabet, reinforcing the view that AI-driven cloud growth and core advertising strength can support higher profits. Article: Alphabet FY2026/FY2027 earnings estimate raises
• Neutral Sentiment: Alphabet will have AI executives from Google and other major firms attending the upcoming G7 summit, keeping the company in the center of global AI policy discussions. Article: Tech executives to attend G7 summit as leaders address AI, online safety
• Neutral Sentiment: Google debuted new Gemini features for small businesses, an incremental product update that should help adoption but is not a major near-term catalyst on its own. Article: Google Debuts Gemini Features Geared to Small Businesses
• Negative Sentiment: Google filed a lawsuit to stop a Chinese cybercrime group from allegedly abusing Gemini to create fake corporate and government websites, underscoring ongoing AI misuse and cybersecurity risks. Article: Google Sues to Stop Chinese Cybercrime Group from Using Its A.I.
• Negative Sentiment: Alphabet and Google continue to face reputational and legal pressure from the youth social media addiction case after a California judge denied a new trial. Article: Market Chatter: Google, Meta Platforms Denied New Trial in Youth Social Media Addiction Case

Alphabet Stock Performance

Alphabet stock opened at $357.77 on Friday. 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 company has a market capitalization of $4.33 trillion, a P/E ratio of 27.29, a PEG ratio of 1.52 and a beta of 1.23. The stock's 50 day moving average is $359.21 and its 200 day moving average is $330.05. Alphabet Inc. has a twelve month low of $162.00 and a twelve month high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.64 by $2.47. The company had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. On average, equities research analysts predict that Alphabet Inc. will post 14.3 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. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, June 8th. This is an increase from Alphabet's previous quarterly dividend of $0.21. Alphabet's dividend payout ratio (DPR) is currently 6.71%.

Insider Buying and Selling

In other Alphabet news, CAO Amie Thuener O'toole sold 617 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. This trade represents a 5.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $393.26, for a total value of $412,923.00. Following the sale, the director owned 2,531 shares in the company, valued at approximately $995,341.06. This represents a 29.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 193,016 shares of company stock worth $17,282,549 over the last three months. Corporate insiders own 11.61% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Citigroup reiterated an "outperform" rating on shares of Alphabet in a report on Monday, May 4th. KeyCorp reiterated an "overweight" rating and set a $425.00 target price on shares of Alphabet in a report on Wednesday, May 20th. Sanford C. Bernstein reiterated a "market perform" rating and set a $390.00 target price (up from $345.00) on shares of Alphabet in a report on Thursday, April 30th. Barclays reiterated a "buy" rating on shares of Alphabet in a report on Friday, May 29th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Alphabet in a report on Wednesday, May 20th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $413.13.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google's core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google's consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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