Daytona Street Capital LLC Buys New Holdings in Alphabet Inc. $GOOG

Key Points

• Daytona Street Capital LLC disclosed a new Q4 stake in Alphabet of 17,134 shares (~$5.38M), representing about 3.6% of its portfolio and making GOOG its third‑largest holding per the 13F filing.
• Alphabet has fresh positive momentum — YouTube is raising U.S. subscription prices, Google expanded an AI infrastructure partnership with Intel, analysts have grown more bullish (consensus "Buy", avg. target ~$345.71), and the company recently posted an EPS beat and declared a $0.21 quarterly dividend (0.3% yield).

Daytona Street Capital LLC purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 17,134 shares of the information services provider's stock, valued at approximately $5,377,000. Alphabet comprises approximately 3.6% of Daytona Street Capital LLC's portfolio, making the stock its 3rd biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Future Financial Wealth Managment LLC lifted its position in Alphabet by 0.4% in the fourth quarter. Future Financial Wealth Managment LLC now owns 11,514 shares of the information services provider's stock valued at $3,709,000 after purchasing an additional 43 shares during the last quarter. Banque de Luxembourg S.A. grew its holdings in shares of Alphabet by 44.5% in the fourth quarter. Banque de Luxembourg S.A. now owns 10,251 shares of the information services provider's stock worth $3,217,000 after purchasing an additional 3,158 shares during the last quarter. Rheos Capital Works Inc. grew its holdings in shares of Alphabet by 28.6% in the fourth quarter. Rheos Capital Works Inc. now owns 135,000 shares of the information services provider's stock worth $42,363,000 after purchasing an additional 30,000 shares during the last quarter. SJS Investment Consulting Inc. grew its holdings in shares of Alphabet by 2.0% in the fourth quarter. SJS Investment Consulting Inc. now owns 12,463 shares of the information services provider's stock worth $3,911,000 after purchasing an additional 243 shares during the last quarter. Finally, Warner Financial Inc. bought a new position in shares of Alphabet in the fourth quarter worth approximately $1,691,000. Institutional investors own 27.26% of the company's stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: YouTube is raising U.S. subscription prices while the subscriber base tops ~125M, supporting higher ARPU and recurring revenue for Alphabet. Article Title
• Positive Sentiment: Google and Intel expanded a multi-year AI infrastructure partnership, reducing execution risk for Google Cloud’s AI capacity buildout and lowering costs for large model workloads. Article Title
• Positive Sentiment: Top analysts and boutiques reinstated bullish views and flagged upside (one analyst sees 30%+ upside), reinforcing momentum narratives around Cloud and AI monetization. Article Title
• Positive Sentiment: Longer-term optionality — fractional exposure to a potential SpaceX IPO value and sustained Google Cloud growth — remains a tailwind for longer-horizon investors. Article Title
• Neutral Sentiment: Alphabet’s board approved new long-term equity awards to executives — standard for tech firms but could be viewed as modest dilution; monitor details when full filings are available. Article Title
• Neutral Sentiment: ETF news (Roundhill GOOGL WeeklyPay distribution) and various market write-ups keep Alphabet in focus but are unlikely to move the stock materially on their own. Article Title
• Negative Sentiment: Short interest jumped in March to ~44.0M shares (+26.8% vs. mid‑March), representing roughly 0.4% of float and a short‑interest ratio near 1.9 days — rising short activity can amplify downside on negative headlines. (Market data)
• Negative Sentiment: Regulatory/legal friction: Indonesia issued a reprimand over YouTube compliance and a California bill would add costs/constraints for Waymo’s robotaxi operations — both increase near‑term policy risk for ad and autonomous-vehicle initiatives. Article Title Article Title
• Negative Sentiment: Some institutional trimming (reported stake reductions) and notes flagging stretched valuation/multiple compression risk could pressure the shares despite solid fundamentals. Article Title Article Title

Alphabet Stock Up 0.0%

NASDAQ GOOG opened at $315.73 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market capitalization of $3.82 trillion, a PE ratio of 29.21, a PEG ratio of 1.95 and a beta of 1.13. Alphabet Inc. has a 1 year low of $148.40 and a 1 year high of $350.15. The business's 50-day moving average is $306.32 and its 200 day moving average is $299.28.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.Alphabet's quarterly revenue was up 18.0% on a year-over-year basis. During the same period last year, the firm earned $2.15 earnings per share. Sell-side analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio (DPR) is presently 7.77%.

Analysts Set New Price Targets

GOOG has been the topic of several recent analyst reports. Wells Fargo & Company upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. DZ Bank upgraded shares of Alphabet to a "strong-buy" rating in a report on Monday, February 16th. Oppenheimer restated an "outperform" rating and issued a $360.00 target price on shares of Alphabet in a report on Thursday, February 5th. BMO Capital Markets restated an "outperform" rating and issued a $400.00 target price on shares of Alphabet in a report on Thursday, February 5th. Finally, Cantor Fitzgerald reissued a "neutral" rating on shares of Alphabet in a research note on Tuesday, January 20th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $345.71.

Insider Buying and Selling

In other Alphabet news, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction that occurred on 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 sale, the insider directly owned 51,808 shares of the company's stock, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amie Thuener O'toole sold 617 shares of Alphabet stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value 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. The trade was a 5.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,069,344 shares of company stock valued at $104,708,426 over the last ninety days. Corporate insiders own 12.99% of the company's stock.

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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