Chicago Partners Investment Group LLC Purchases 2,818 Shares of Alphabet Inc. $GOOG

Key Points

• Chicago Partners Investment Group raised its stake in Alphabet by 3.8%, buying 2,818 shares to hold 76,155 shares valued at about $25.01 million at quarter-end.
• Alphabet reported a blowout Q1 — EPS $5.11 vs. $2.68 expected and revenue $109.9B (up 21.8%), with Google Cloud growing ~63%, prompting multiple analyst price-target raises and buy reiterations.
• Alphabet increased its quarterly dividend to $0.22 (ex-dividend June 8) and insiders have sold heavily recently — 191,053 shares worth about $58.8 million in the last three months.

Chicago Partners Investment Group LLC raised its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,155 shares of the information services provider's stock after acquiring an additional 2,818 shares during the quarter. Chicago Partners Investment Group LLC's holdings in Alphabet were worth $25,011,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GOOG. Brighton Jones LLC lifted its holdings in Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock valued at $22,901,000 after acquiring an additional 6,410 shares during the period. Worldquant Millennium Advisors LLC lifted its holdings in Alphabet by 76.2% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider's stock valued at $330,886,000 after acquiring an additional 806,681 shares during the period. Darwin Wealth Management LLC bought a new position in Alphabet in the second quarter valued at about $658,000. Financial Advisors Network Inc. lifted its holdings in Alphabet by 7.7% in the second quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider's stock valued at $1,409,000 after acquiring an additional 565 shares during the period. Finally, Ausdal Financial Partners Inc. increased its position in Alphabet by 10.7% in the second quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider's stock worth $6,618,000 after buying an additional 3,616 shares in the last quarter. Institutional investors own 27.26% of the company's stock.

Alphabet Stock Performance

NASDAQ:GOOG opened at $383.22 on Monday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $149.49 and a 12-month high of $383.39. The stock has a 50-day moving average price of $312.44 and a 200 day moving average price of $308.65. The stock has a market capitalization of $4.64 trillion, a P/E ratio of 29.23, a P/E/G ratio of 1.81 and a beta of 1.25.

Alphabet (NASDAQ:GOOG - 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 the consensus estimate of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm had revenue of $109.90 billion during the quarter, compared to analysts' expectations of $106.96 billion. During the same quarter last year, the business posted $2.81 earnings per share. The firm's revenue was up 21.8% on a year-over-year basis. Equities research analysts forecast that Alphabet Inc. will post 12.78 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently announced 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. This is an increase from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, June 8th. Alphabet's dividend payout ratio (DPR) is 6.41%.

Insider Activity

In related news, insider John Kent Walker sold 8,993 shares of the stock in a transaction dated Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the completion of the sale, the insider owned 51,808 shares in the company, valued at approximately $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total value of $348,232.50. Following the sale, 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 position. The SEC filing for this sale provides additional information. Insiders have sold a total of 191,053 shares of company stock valued at $58,845,206 in the last three months. 12.99% of the stock is currently owned by insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Record Q1 fundamentals — Alphabet beat estimates (EPS $5.11 vs. $2.64 consensus) and reported $109.9B revenue; Google Cloud grew ~63% to ~ $20B with a very large backlog, which underpins multi-year revenue visibility and explains the rally. Alphabet Q1 2026 Earnings Call Highlights
• Positive Sentiment: Wall Street is upgrading targets — multiple firms (JPMorgan, TD Cowen, Scotiabank, Raymond James, Piper Sandler and others) raised price targets and reiterated buys after the quarter, signaling analyst conviction that AI/cloud growth justifies higher valuation. Coverage: Recent price-target raises
• Positive Sentiment: Strategic wins and ecosystem advantages — articles argue Alphabet’s “compute” advantage (TPUs, datacenter scale, full‑stack Gemini integrations) gives it a structural edge versus rivals and supports both ad/product monetization and enterprise AI demand. Compute is destiny. Google just proved it.
• Neutral Sentiment: Government and enterprise demand — the U.S. Pentagon and other large customers have agreements with leading AI providers including Google, validating long-term cloud/AI revenue channels but timing and contract sizes vary. This supports durable demand but is not an immediate revenue kicker. Pentagon reaches agreements with leading AI companies
• Negative Sentiment: CapEx intensity and cash flow tradeoff — management signaled very large AI-related capital spending (2026 capex ~ $185–190B and “significantly higher” expected in 2027). That funds growth but will pressure free cash flow and raises execution/ROI scrutiny. Alphabet ups 2026 capex to as much as $190 billion
• Negative Sentiment: Rising cost concerns and regulatory risks — commentary highlights the growing capital and operating cost of AI (potential margin/cashflow headwinds), and regulators in Europe are probing Google’s AI/search features — both are watch‑items for investors. Google Stock Growth Collides With The Rising Cost Of AI Italy asks EU to investigate Google AI search tools

Analyst Ratings Changes

A number of brokerages have commented on GOOG. Wedbush restated an "outperform" rating and issued a $370.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Canaccord Genuity Group upped their price target on Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a research report on Wednesday, January 7th. Needham & Company LLC set a $400.00 price target on Alphabet and gave the stock a "buy" rating in a research report on Friday, March 13th. Truist Financial set a $385.00 price target on Alphabet in a research report on Wednesday, April 22nd. Finally, Pivotal Research restated a "buy" rating and issued a $470.00 price target (up from $420.00) on shares of Alphabet in a research report on Wednesday. Six investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Alphabet currently has an average rating of "Buy" and an average price target of $362.73.

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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