Alphabet Inc. $GOOGL Shares Purchased by Cvfg LLC

Key Points

• Cvfg LLC sharply increased its Alphabet stake by 438.5% in the first quarter, buying 33,232 more shares and bringing its total to 40,810 shares valued at about $11.7 million.
• Alphabet’s latest quarterly results beat expectations, with EPS of $5.11 versus a $2.64 consensus and revenue of $109.9 billion, while analysts still expect full-year EPS of 14.32.
• The company also raised its quarterly dividend to $0.22 per share, though the stock remains in focus amid insider selling, bullish analyst targets, and ongoing concerns tied to AI execution and regulatory pressure.

Cvfg LLC raised its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 438.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 40,810 shares of the information services provider's stock after buying an additional 33,232 shares during the quarter. Alphabet makes up about 1.5% of Cvfg LLC's investment portfolio, making the stock its 12th largest holding. Cvfg LLC's holdings in Alphabet were worth $11,735,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet during the 4th quarter worth about $32,000. EMC Capital Management bought a new stake in Alphabet during the fourth quarter worth approximately $33,000. PMV Capital Advisers LLC bought a new stake in Alphabet during the fourth quarter worth approximately $38,000. IFC & Insurance Marketing Inc. acquired a new stake in Alphabet in the fourth quarter worth approximately $38,000. Finally, Bard Associates Inc. acquired a new stake in Alphabet in the fourth quarter worth approximately $52,000. Institutional investors and hedge funds own 40.03% of the company's stock.

Alphabet Price Performance

NASDAQ GOOGL opened at $346.77 on Friday. The company has a 50 day simple moving average of $368.89 and a 200-day simple moving average of $337.97. Alphabet Inc. has a 52-week low of $183.71 and a 52-week high of $408.61. The firm has a market capitalization of $4.20 trillion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 1.49 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.64 by $2.47. 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 $106.98 billion. Equities research analysts predict that Alphabet Inc. will post 14.32 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, June 8th. This is a positive change from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet's payout ratio is 6.71%.

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the transaction, the director directly owned 1,481 shares of the company's stock, valued at $545,941.03. This represents a 41.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm's stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $341.72, for a total value of $153,432.28. Following the sale, the chief accounting officer directly owned 27,348 shares of the company's stock, valued at $9,345,358.56. This trade represents a 1.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 159,415 shares of company stock valued at $7,672,279. Corporate insiders own 11.61% of the company's stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wall Street remains broadly bullish on Alphabet, with multiple reports citing strong cloud growth, AI-driven momentum in Search and YouTube, and price targets still above current trading levels. Article Title
• Positive Sentiment: Analysts say Alphabet could post a strong Q2, helped by Google Cloud strength and the value of its Anthropic stake, which may support upside if earnings beat expectations. Article Title
• Neutral Sentiment: Investors are also positioning for Alphabet’s upcoming earnings report, with options traders expecting a sizable move, indicating that the stock may stay volatile into the release. Article Title
• Negative Sentiment: Bloomberg-reported delays to Gemini 3.5 Pro have sparked fears that Google is lagging in AI, with concerns that the model’s coding performance fell short of internal goals. Article Title
• Negative Sentiment: Alphabet is facing added regulatory pressure after the EU ordered it to open Android and search data to rival AI companies, and a San Francisco order to remove “nudify” apps from app stores adds to the broader legal overhang. Article Title
• Negative Sentiment: Securities-fraud investigation headlines are creating an additional near-term overhang, even though these are still allegations and not a proven finding of wrongdoing. Article Title

Analyst Ratings Changes

Several brokerages have recently issued reports on GOOGL. Susquehanna reiterated a "positive" rating and set a $460.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Roth Capital reaffirmed a "buy" rating on shares of Alphabet in a research note on Thursday, April 30th. Cantor Fitzgerald lifted their target price on Alphabet from $395.00 to $465.00 and gave the stock an "overweight" rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Alphabet in a research report on Tuesday, April 28th. Finally, Wall Street Zen raised shares of Alphabet from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $414.11.

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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