Huntleigh Advisors Inc. Sells 5,226 Shares of Alphabet Inc. $GOOG

Key Points

• Huntleigh Advisors reduced its stake in Alphabet by 12.0%, selling 5,226 shares and leaving a 38,424-share position worth about $12.06 million, which represents 2.0% of the firm's portfolio and its eighth-largest holding.
• Alphabet's fundamentals and outlook remain strong after a sizable Q1 beat (EPS $5.11 vs. $2.68, revenue $109.9B) and ~63% Cloud growth, while a reported $200 billion multi-year commitment from Anthropic to use Google Cloud and chips has spurred analyst upgrades and bullish sentiment.
• Offsetting positives, insiders and some large funds have been trimming positions—insiders sold roughly 158,553 shares (~$48M) last quarter—and ongoing EU regulatory and defense‑related controversies present potential headline-driven volatility.

Huntleigh Advisors Inc. lowered its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 12.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,424 shares of the information services provider's stock after selling 5,226 shares during the period. Alphabet comprises 2.0% of Huntleigh Advisors Inc.'s investment portfolio, making the stock its 8th biggest position. Huntleigh Advisors Inc.'s holdings in Alphabet were worth $12,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Viewpoint Investment Partners Corp raised its position in Alphabet by 17.3% in the 4th quarter. Viewpoint Investment Partners Corp now owns 2,345 shares of the information services provider's stock valued at $736,000 after purchasing an additional 345 shares in the last quarter. Seven Post Investment Office LP acquired a new stake in Alphabet in the 4th quarter valued at about $226,000. High Point Wealth Management LLC acquired a new stake in Alphabet in the 4th quarter valued at about $1,107,000. Sanctuary Advisors LLC raised its position in Alphabet by 6.5% in the 4th quarter. Sanctuary Advisors LLC now owns 497,416 shares of the information services provider's stock valued at $156,089,000 after purchasing an additional 30,559 shares in the last quarter. Finally, Quent Capital LLC raised its position in Alphabet by 3.7% in the 4th quarter. Quent Capital LLC now owns 36,126 shares of the information services provider's stock valued at $11,336,000 after purchasing an additional 1,282 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Key Headlines Impacting Alphabet

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 Transactions at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total transaction of $348,232.50. Following the transaction, the director owned 3,581 shares in the company, valued at $1,187,638.65. This trade represents a 22.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 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. This trade represents a 8.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 158,553 shares of company stock worth $47,951,856. 12.99% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. BMO Capital Markets reissued an "outperform" rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Wells Fargo & Company raised Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 23rd. Pivotal Research reissued a "buy" rating and set a $470.00 target price (up from $420.00) on shares of Alphabet in a research report on Wednesday, April 29th. Weiss Ratings reissued a "buy (b)" rating on shares of Alphabet in a research report on Monday, April 20th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $375.00 target price on shares of Alphabet in a research report on Thursday, January 15th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet presently has a consensus rating of "Buy" and a consensus price target of $362.73.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $395.50 on Thursday. The stock's 50-day simple moving average is $315.50 and its 200-day simple moving average is $310.59. The firm has a market capitalization of $4.78 trillion, a PE ratio of 30.17, a price-to-earnings-growth ratio of 1.60 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. Alphabet Inc. has a fifty-two week low of $149.49 and a fifty-two week high of $396.38.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm's quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.81 EPS. As a group, equities research analysts forecast that Alphabet Inc. will post 14 EPS for the current fiscal year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is a boost from Alphabet's previous quarterly dividend of $0.21. Alphabet's dividend payout ratio (DPR) is 6.41%.

Alphabet 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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