Friedenthal Financial Buys 3,030 Shares of Alphabet Inc. $GOOGL

Key Points

• Friedenthal Financial increased its Alphabet stake by 3,223.4% in Q4, buying an additional 3,030 shares to hold 3,124 shares worth about $978,000 at quarter end.
• Alphabet beat Q1 estimates (EPS $5.11 vs. $2.64; revenue $109.9B vs. $106.98B) as Google Cloud grew roughly 63% with a near‑doubling backlog, spurring analyst upgrades and higher price targets.
• Alphabet raised its quarterly dividend to $0.22 (annualized $0.88, ~0.2% yield), while company insiders sold shares (including CEO Sundar Pichai), with insiders owning about 11.61% of the stock.

Friedenthal Financial lifted its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 3,223.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,124 shares of the information services provider's stock after purchasing an additional 3,030 shares during the period. Friedenthal Financial's holdings in Alphabet were worth $978,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of GOOGL. Brighton Jones LLC grew its position in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock worth $20,886,000 after buying an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock worth $2,826,000 after acquiring an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY increased its position in Alphabet by 17.6% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider's stock valued at $685,000 after purchasing an additional 581 shares during the period. Sequoia Financial Advisors LLC raised its holdings in shares of Alphabet by 11.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider's stock valued at $85,557,000 after purchasing an additional 48,805 shares in the last quarter. Finally, United Bank lifted its position in shares of Alphabet by 6.9% in the 2nd quarter. United Bank now owns 48,204 shares of the information services provider's stock worth $8,495,000 after purchasing an additional 3,120 shares during the period. Institutional investors own 40.03% of the company's stock.

Alphabet Stock Down 0.6%

Shares of GOOGL stock opened at $383.25 on Tuesday. The stock's fifty day moving average price is $313.72 and its 200 day moving average price is $308.70. Alphabet Inc. has a 1-year low of $147.84 and a 1-year high of $387.38. The company has a market cap of $4.64 trillion, a price-to-earnings ratio of 29.23, a price-to-earnings-growth ratio of 1.80 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to analysts' expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. On average, research analysts expect that Alphabet Inc. will post 12.94 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend 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 currently 6.41%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud is outgrowing AWS and Azure — Cloud revenue and backlog surged (Cloud growth ~63% in Q1; backlog nearly doubled), supporting higher long‑term revenue and margins for Alphabet. Alphabet's Google Cloud growth outpaces AWS and Azure
• Positive Sentiment: Q1 beat and backlog surge: Alphabet reported stronger‑than‑expected EPS/revenue and a hefty cloud backlog, giving analysts room to lift targets and implying continued earnings momentum. Alphabet Inc. 2026 Q1 - Results - Earnings Call Presentation
• Positive Sentiment: Multiple analyst upgrades and higher price targets (JPMorgan reaffirmed buy; several firms raised targets, including a large bump from Citizens/JMP), which supports upside expectations and likely underpins buying interest. Google closes in on Nvidia. Why Alphabet stock remains JP Morgan’s top overall pick
• Positive Sentiment: Big long‑term optionality via Waymo and autonomous investments — sizable VC/strategic funding into Waymo reinforces Alphabet’s exposure to a potentially high‑value mobility business. Big money is betting the self-driving future belongs to a small club
• Positive Sentiment: Market narrative: Alphabet is highlighted among top AI investment ideas — positive attention that can attract flows into GOOGL as AI leadership becomes the investment theme. Here is Why Alphabet (GOOGL) Is Among the Most Promising AI Stocks to Invest In
• Neutral Sentiment: Chip demand tailwind but higher capex: Google’s planned ~$190B AI buildout boosts demand for semiconductors (positive for suppliers) but signals very large capex that could pressure free cash flow in the near term. 3 Semiconductor Stocks Poised to Gain as Google Eyes $190B AI Buildout
• Neutral Sentiment: Minor insider activity: a director sold about $38k of stock — small and routine, not a clear signal of management sentiment. Alphabet NASDAQ: GOOGL Director Sells $37,842.00 in Stock
• Negative Sentiment: Infrastructure headwind: Denmark paused new data‑center connections due to grid strain — a reminder of regulatory and power constraints that can slow data‑center expansion and raise costs for cloud scaling. Denmark faces data center reckoning as power grid overwhelmed by surging demand

Insider Activity at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the sale, the chief executive officer directly owned 2,818,524 shares in the company, valued at $856,605,814.08. This trade represents a 1.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Amie Thuener O'toole sold 955 shares of the business's stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the sale, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. This represents a 8.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 191,053 shares of company stock valued at $58,845,206. Company insiders own 11.61% of the company's stock.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of several research reports. Wedbush lifted their price objective on shares of Alphabet from $360.00 to $370.00 and gave the company an "outperform" rating in a report on Thursday, February 5th. Cantor Fitzgerald upped their target price on Alphabet from $395.00 to $465.00 and gave the stock an "overweight" rating in a report on Thursday, April 30th. Loop Capital increased their target price on Alphabet from $320.00 to $355.00 and gave the company a "buy" rating in a research report on Monday, February 23rd. Mizuho lifted their price target on Alphabet from $410.00 to $420.00 and gave the company an "outperform" rating in a report on Friday, April 10th. Finally, Rothschild & Co Redburn boosted their price target on Alphabet from $390.00 to $430.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $402.96.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google's core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google's consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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