Flagship Harbor Advisors LLC Sells 27,983 Shares of Alphabet Inc. $GOOG

Key Points

• Flagship Harbor Advisors LLC sold 27,983 shares of Alphabet, reducing its stake by 32.0% to 59,513 shares valued at $18.675 million, making Alphabet roughly 0.9% of the firm's holdings and its 18th largest position.
• Insider selling has been notable: CEO Sundar Pichai sold 32,500 shares for about $10.0 million and the CAO sold 617 shares, with insiders offloading ~2,069,344 shares (~$104.7M) over the past 90 days while insiders still hold 12.99% of stock.
• Alphabet reported beat-and-raise results (Q earnings EPS $2.82 vs. $2.59 and revenue $113.83B, +18% YoY), has a $3.82 trillion market cap, and carries a consensus analyst view of "Buy" with an average target of $345.71.

Flagship Harbor Advisors LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 32.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,513 shares of the information services provider's stock after selling 27,983 shares during the period. Alphabet makes up about 0.9% of Flagship Harbor Advisors LLC's holdings, making the stock its 18th largest holding. Flagship Harbor Advisors LLC's holdings in Alphabet were worth $18,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in GOOG. Brighton Jones LLC boosted its holdings in shares of Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock worth $22,901,000 after acquiring an additional 6,410 shares during the period. Worldquant Millennium Advisors LLC boosted its holdings in shares of 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 worth $330,886,000 after acquiring an additional 806,681 shares during the period. Darwin Wealth Management LLC bought a new position in shares of Alphabet in the second quarter worth $658,000. Financial Advisors Network Inc. boosted its holdings in shares of Alphabet by 7.7% in the second quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider's stock worth $1,409,000 after acquiring an additional 565 shares during the period. Finally, Ausdal Financial Partners Inc. boosted its holdings in shares of 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 acquiring an additional 3,616 shares during the period. 27.26% of the stock is owned by institutional investors.

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

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O'toole sold 617 shares of the firm's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the sale, the chief accounting officer owned 10,093 shares in the company, valued at $2,923,235.59. This trade represents a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer owned 1,642,060 shares in the company, valued at $505,573,853.40. The trade was a 1.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 2,069,344 shares of company stock valued at $104,708,426. 12.99% of the stock is currently owned by company insiders.

Alphabet Price Performance

NASDAQ:GOOG opened at $315.73 on Monday. The firm has a market capitalization of $3.82 trillion, a price-to-earnings ratio of 29.21, a P/E/G ratio of 1.95 and a beta of 1.13. Alphabet Inc. has a 52-week low of $148.40 and a 52-week high of $350.15. The stock has a fifty day moving average of $306.32 and a 200 day moving average of $299.28. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

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

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a dividend of $0.21 per share. The ex-dividend date was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet's dividend payout ratio (DPR) is presently 7.77%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Wedbush reaffirmed an "outperform" rating and issued a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Pivotal Research reissued a "buy" rating and set a $420.00 price objective (up from $400.00) on shares of Alphabet in a research note on Thursday, February 5th. TD Cowen reissued a "buy" rating and set a $365.00 price objective (up from $355.00) on shares of Alphabet in a research note on Thursday, February 5th. Needham & Company LLC set a $400.00 price objective on Alphabet and gave the company a "buy" rating in a research note on Friday, March 13th. Finally, KeyCorp set a $370.00 price objective on Alphabet in a research note on Thursday, February 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet currently has an average rating of "Buy" and an average target price of $345.71.

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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