Beirne Wealth Consulting Services LLC Decreases Holdings in Alphabet Inc. $GOOG

Key Points

• Beirne Wealth Consulting Services LLC cut its Alphabet stake by 65.7%, selling 7,783 shares and leaving 4,064 shares valued at about $1.276 million as of the latest 13F filing.
• Alphabet reported a strong Q1 beat with $5.11 EPS vs. $2.68 expected and $109.9 billion revenue, driven by ~63% Google Cloud growth and bolstered by a reported Anthropic commitment of roughly $200 billion to use Google Cloud and chips, prompting analyst upgrades.
• Alphabet raised its quarterly dividend to $0.22 per share (annualized $0.88, ~0.2% yield), while insiders have been net sellers recently — 158,553 shares worth about $47.95 million sold over the last 90 days, including a 47,574‑share sale by John Kent Walker.

Beirne Wealth Consulting Services LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 65.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,064 shares of the information services provider's stock after selling 7,783 shares during the period. Beirne Wealth Consulting Services LLC's holdings in Alphabet were worth $1,276,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mountain Pacific Investment Advisers LLC purchased a new position in shares of Alphabet in the fourth quarter worth $251,000. Matisse Capital purchased a new position in shares of Alphabet in the fourth quarter worth $1,833,000. Carmel Capital Partners LLC raised its holdings in shares of Alphabet by 27.3% in the fourth quarter. Carmel Capital Partners LLC now owns 18,816 shares of the information services provider's stock worth $5,905,000 after buying an additional 4,034 shares during the last quarter. Cornerstone National Bank & Trust Co raised its holdings in shares of Alphabet by 13.9% in the fourth quarter. Cornerstone National Bank & Trust Co now owns 410 shares of the information services provider's stock worth $129,000 after buying an additional 50 shares during the last quarter. Finally, Elevated Financial Group LLC purchased a new position in shares of Alphabet in the fourth quarter worth $360,000. Hedge funds and other institutional investors own 27.26% of the company's stock.

Alphabet Price Performance

Alphabet stock opened at $395.50 on Thursday. The firm has a market capitalization of $4.78 trillion, a price-to-earnings ratio of 30.17, a PEG ratio of 1.60 and a beta of 1.25. Alphabet Inc. has a 52-week low of $149.49 and a 52-week high of $396.38. The company has a fifty day simple moving average of $315.50 and a 200-day simple moving average of $310.59. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG - 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 analysts' consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion for 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 quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.81 earnings per share. On average, equities analysts anticipate that Alphabet Inc. will post 14 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a dividend of $0.22 per share. The ex-dividend date is Monday, June 8th. This is a boost from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet's dividend payout ratio (DPR) is presently 6.41%.

Trending Headlines about Alphabet

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

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of the business's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Amie Thuener O'toole sold 955 shares of the business's stock in a transaction dated 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 owned 9,918 shares in the company, valued at $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 158,553 shares of company stock valued at $47,951,856. Insiders own 12.99% of the company's stock.

Wall Street Analysts Forecast Growth

GOOG has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Alphabet in a report on Monday, April 20th. Canaccord Genuity Group raised their price target on shares of Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a report on Wednesday, January 7th. DZ Bank raised shares of Alphabet to a "strong-buy" rating in a report on Monday, February 16th. TD Cowen increased their price objective on shares of Alphabet from $375.00 to $450.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Finally, Scotiabank restated an "outperform" rating and set a $450.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Six investment 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's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $362.73.

About Alphabet

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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