Golden Reserve Retirement LLC bought a new position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,650 shares of the information services provider's stock, valued at approximately $1,145,000. Alphabet makes up approximately 0.2% of Golden Reserve Retirement LLC's investment portfolio, making the stock its 22nd largest holding.
Other institutional investors have also recently added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new position in shares of Alphabet in the 3rd quarter worth approximately $31,000. Manning & Napier Advisors LLC bought a new stake in Alphabet during the third quarter worth approximately $32,000. Nvest Wealth Strategies Inc. bought a new stake in Alphabet during the fourth quarter worth approximately $38,000. Towne Trust Company N.A grew its position in Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock worth $42,000 after buying an additional 34 shares during the last quarter. Finally, Lynch Asset Management Inc. bought a new position in shares of Alphabet in the third quarter valued at $61,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Q1 beat and Cloud strength — Alphabet reported far‑above‑consensus EPS and revenue and disclosed a Google Cloud backlog near ~$468B, driving optimistic analyst revisions and momentum after the quarter. Read More.
- Positive Sentiment: Analyst upgrades & higher price targets — Several firms raised targets and reiterated buy/outperform views (examples include JPMorgan, 24/7 Wall St. models projecting material upside, and a Citizens upgrade). These lifts support medium‑term upside expectations. Read More.
- Positive Sentiment: Large buyer activity — Mirae Asset reported a sizable addition to its GOOGL stake in recent 13F filings, signaling institutional demand. Read More.
- Neutral Sentiment: Strategic/geo-political relevance — Coverage notes Washington is increasingly focused on Google for national AI compute capacity, which could translate to long‑term government/business opportunities but also regulatory/oversight scrutiny. Read More.
- Neutral Sentiment: Waymo & mobility investments — Continued large funding and VC interest in Waymo highlight growth optionality beyond ads, but returns are long‑dated. Read More.
- Neutral Sentiment: AI ecosystem lift for semis and payments — Alphabet’s $190B AI buildout and agentic‑commerce themes boost broader AI infrastructure demand (beneficial for Google, but also benefits peers). Read More.
- Negative Sentiment: Institutional trimming & profit‑taking — Some funds cut GOOG/GOOGL positions (State of Michigan reduced GOOGL; Manning & Napier and Yacktman trimmed stakes), consistent with profit‑taking after a big run. That pressure can cap near‑term gains. Read More. Read More.Read More.
- Negative Sentiment: Rising capex guidance — Alphabet warned of a significant increase in 2027 capital spending tied to AI infrastructure, which can compress near‑term free cash flow and prompt some investors to take profits. Read More.
- Negative Sentiment: Insider selling — A director sale was reported (small amount), a reminder some insiders are trimming exposure; typically immaterial alone but contributes to the day's negative tape. Read More.
Insider Activity at Alphabet
In other news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated 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 sale, the chief executive officer directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Amie Thuener O'toole sold 955 shares of Alphabet stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the sale, the chief accounting officer owned 9,918 shares of the company's stock, valued at $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 191,053 shares of company stock worth $58,845,206 in the last 90 days. 12.99% of the stock is owned by corporate insiders.
Alphabet Price Performance
GOOG opened at $379.64 on Tuesday. The firm has a market capitalization of $4.59 trillion, a P/E ratio of 28.96, a PEG ratio of 1.81 and a beta of 1.25. The stock has a fifty day moving average of $312.44 and a 200-day moving average of $308.65. The company has a quick ratio of 1.92, a current 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 $384.18.
Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.68 by $2.43. The firm had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.Alphabet's quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.81 earnings per share. Equities analysts forecast that Alphabet Inc. will post 12.78 EPS for the current fiscal year.
Alphabet Increases Dividend
The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, June 8th. This is a boost from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet's payout ratio is presently 6.41%.
Analyst Ratings Changes
GOOG has been the subject of several research reports. BMO Capital Markets reissued an "outperform" rating and set a $400.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $370.00 price target on shares of Alphabet in a research report on Tuesday, January 20th. Sanford C. Bernstein reissued a "market perform" rating and issued a $345.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Pivotal Research restated 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, Truist Financial set a $385.00 price objective on shares of Alphabet in a research note on Wednesday, April 22nd. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $362.73.
Read Our Latest Stock Analysis on GOOG
Alphabet Company Profile
(
Free Report)
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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