Facet Wealth Inc. Has $5.93 Million Stock Holdings in Alphabet Inc. $GOOG

Key Points

• Facet Wealth Inc. increased its stake in Alphabet by 104.9% in Q4, owning 17,646 shares after buying 9,032 more, with holdings valued at about $5.93 million.
• Alphabet posted a big Q1 beat — EPS beat of $5.11 vs. $2.68 expected and $109.9 billion revenue (+21.8%), with ~63% Cloud growth and large commercial wins (Anthropic commitment ~$200 billion) prompting analyst upgrades.
• Despite strong results, insiders sold ~158,553 shares worth ~$48 million over the last 90 days and some large funds trimmed positions, while regulatory and employee/PR risks (EU news case, DeepMind unionization) remain material downside factors.

Facet Wealth Inc. increased its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 104.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,646 shares of the information services provider's stock after buying an additional 9,032 shares during the quarter. Facet Wealth Inc.'s holdings in Alphabet were worth $5,934,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new stake in Alphabet during the third quarter valued at approximately $31,000. Manning & Napier Advisors LLC acquired a new stake in Alphabet during the third quarter valued at approximately $32,000. Nvest Wealth Strategies Inc. acquired a new stake in Alphabet during the fourth quarter valued at approximately $38,000. Towne Trust Company N.A boosted its holdings in Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock valued at $42,000 after purchasing an additional 34 shares in the last quarter. Finally, Lynch Asset Management Inc. acquired a new stake in Alphabet during the third quarter valued at approximately $61,000. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Stock Performance

NASDAQ:GOOG opened at $395.50 on Thursday. Alphabet Inc. has a 1 year low of $149.49 and a 1 year high of $396.38. The firm has a 50 day moving average of $315.50 and a 200-day moving average of $310.59. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $4.78 trillion, a P/E ratio of 30.17, a price-to-earnings-growth ratio of 1.60 and a beta of 1.25.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.68 by $2.43. 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 analysts' expectations of $106.96 billion. During the same quarter in the previous year, the company posted $2.81 earnings per share. Alphabet's quarterly revenue was up 21.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Alphabet Inc. will post 14 EPS for the current fiscal year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. Alphabet's dividend payout ratio is presently 6.41%.

Alphabet News Roundup

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 Activity at Alphabet

In related news, CAO Amie Thuener O'toole sold 955 shares of the business's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the transaction, the chief executive officer owned 2,818,524 shares of the company's stock, valued at $856,605,814.08. This trade represents a 1.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 158,553 shares of company stock worth $47,951,856. Company insiders own 12.99% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on GOOG shares. Raymond James Financial reaffirmed a "strong-buy" rating and set a $425.00 price objective on shares of Alphabet in a report on Thursday, April 30th. TD Cowen lifted their price objective on Alphabet from $375.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $375.00 price objective on shares of Alphabet in a report on Thursday, January 15th. Pivotal Research reaffirmed a "buy" rating and set a $470.00 price objective (up from $420.00) on shares of Alphabet in a report on Wednesday, April 29th. Finally, Scotiabank reiterated an "outperform" rating and issued a $450.00 target price (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently 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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