Lowery Thomas LLC Acquires 3,293 Shares of Alphabet Inc. $GOOG

Key Points

• Lowery Thomas LLC raised its Alphabet stake by 287.1% in Q4, buying 3,293 shares to hold 4,440 shares worth $1.393 million, about 0.8% of its portfolio and its 27th largest position.
• Sundar Pichai sold 32,500 Alphabet shares on March 18 for roughly $10.01 million, and insiders have sold about 2,037,294 shares (~$94.2 million) in the past 90 days, leaving insiders with 12.99% ownership.
• Analysts are broadly positive—MarketBeat shows an average rating of Buy with a $351.73 price target—and recent news like Google's up-to-$40 billion commitment to Anthropic is viewed as bullish for Google Cloud and AI monetization, though it raises CapEx and regulatory risks.

Lowery Thomas LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 287.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,440 shares of the information services provider's stock after purchasing an additional 3,293 shares during the period. Alphabet makes up about 0.8% of Lowery Thomas LLC's portfolio, making the stock its 27th biggest position. Lowery Thomas LLC's holdings in Alphabet were worth $1,393,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Imprint Wealth LLC bought a new position in shares of Alphabet in the 3rd quarter valued at $31,000. Manning & Napier Advisors LLC bought a new position in shares of Alphabet in the 3rd quarter valued at $32,000. Towne Trust Company N.A increased its stake in shares of Alphabet by 34.0% in the 4th 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 during the last quarter. Tripletail Wealth Management LLC bought a new position in shares of Alphabet in the 3rd quarter valued at $40,000. Finally, Creative Capital Management Investments LLC increased its stake in shares of Alphabet by 1,438.5% in the 4th quarter. Creative Capital Management Investments LLC now owns 200 shares of the information services provider's stock valued at $63,000 after purchasing an additional 187 shares during the last quarter. Institutional investors own 27.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on GOOG. Sanford C. Bernstein reiterated a "market perform" rating and issued a $345.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Truist Financial set a $385.00 price target on Alphabet in a research note on Wednesday. Canaccord Genuity Group raised their price objective on Alphabet from $330.00 to $390.00 and gave the company a "buy" rating in a report on Wednesday, January 7th. Wells Fargo & Company raised Alphabet from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $370.00 price objective on shares of Alphabet in a report on Tuesday, January 20th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $351.73.

Insider Activity at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the transaction, the chief executive officer directly owned 1,642,060 shares of the company's stock, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Amie Thuener O'toole sold 617 shares of Alphabet stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the transaction, the chief accounting officer directly owned 10,093 shares in the company, valued at $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,037,294 shares of company stock worth $94,216,897 over the last 90 days. 12.99% of the stock is currently owned by company insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google confirmed a planned up to $40 billion commitment to AI startup Anthropic — $10B invested now and up to $30B contingent on performance — signaling a deep strategic partnership that should drive Google Cloud revenue, TPU demand and long‑term AI market share. PYMNTS: Google Doubles Down on Anthropic
• Positive Sentiment: Market and media reaction pushed GOOGL coverage higher today: outlets and traders flagged the deal as bullish for Google Cloud, TPU sales and infrastructure partners, contributing to the stock uptick. Blockonomi: Stock Climbs on $40B Anthropic Partnership
• Positive Sentiment: Alphabet’s recent fundamentals and AI product momentum (Gemini, TPU launches, Cloud partnerships) give investors confidence the Anthropic deal can translate into higher monetization and ad/search engagement — analysts have raised targets and reiterated buys ahead of Q1 earnings. ProactiveInvestors: Buy Rating Ahead of Q1
• Neutral Sentiment: The additional $30B is contingent on milestones — positive if targets are met, but it spreads the cash out over time and ties part of the commitment to execution risk and market conditions. TechCrunch: Google to Invest Up to $40B in Anthropic
• Neutral Sentiment: Global AI competition is intensifying (including from Chinese players) — this validates demand but keeps pricing and product dynamics uncertain. Yahoo Finance: China’s DeepSeek Preview
• Negative Sentiment: Regulatory risk: the EU is pressing Google to give AI rivals access to Android features — any mandated access could weaken parts of Google’s mobile moat and limit competitive advantage for Gemini on Android. PYMNTS: EU Pressure on Android Access
• Negative Sentiment: Scale of AI spending and infrastructure roll‑outs raises CapEx and free‑cash‑flow pressure; investors should watch upcoming Q1 results and FCF guidance for signs the investments are converting into profitable growth. Seeking Alpha: Q1 Preview — CapEx Risks

Alphabet Stock Performance

NASDAQ GOOG opened at $342.32 on Monday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a twelve month low of $149.49 and a twelve month high of $350.15. The company has a market cap of $4.14 trillion, a price-to-earnings ratio of 31.67, a price-to-earnings-growth ratio of 2.12 and a beta of 1.13. The business's fifty day moving average is $308.26 and its 200 day moving average is $305.44.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter last year, the business posted $2.15 EPS. Alphabet's revenue for the quarter was up 18.0% on a year-over-year basis. As a group, sell-side analysts expect that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. Alphabet's dividend payout ratio (DPR) is 7.77%.

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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