Means Investment CO. Inc. Sells 3,501 Shares of Alphabet Inc. $GOOG

Key Points

• Means Investment CO. Inc. trimmed its stake in Alphabet by 3.9% in Q4, selling 3,501 shares and ending the quarter with 86,117 shares worth $27,024,000, representing 2.3% of the fund and Alphabet as its 11th largest holding.
• Company insiders have been net sellers recently — including director John L. Hennessy — with 2,037,294 shares sold in the last 90 days worth $94.2 million; insiders now own about 12.99% of Alphabet.
• Alphabet announced a planned commitment of up to $40 billion to AI startup Anthropic ( $10B now, up to $30B contingent), a move analysts view as bullish for Google Cloud and which coincides with analyst upgrades and a consensus Buy rating and $351.73 average price target.

Means Investment CO. Inc. lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 3.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 86,117 shares of the information services provider's stock after selling 3,501 shares during the quarter. Alphabet accounts for 2.3% of Means Investment CO. Inc.'s holdings, making the stock its 11th biggest holding. Means Investment CO. Inc.'s holdings in Alphabet were worth $27,024,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. HRC Wealth Management LLC increased its position in shares of Alphabet by 1.0% during the 4th quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider's stock valued at $1,014,000 after purchasing an additional 31 shares during the last quarter. Avaii Wealth Management LLC increased its position in shares of Alphabet by 2.3% during the 4th quarter. Avaii Wealth Management LLC now owns 1,437 shares of the information services provider's stock valued at $451,000 after purchasing an additional 32 shares during the last quarter. Accel Wealth Management increased its position in shares of Alphabet by 0.8% during the 4th quarter. Accel Wealth Management now owns 4,068 shares of the information services provider's stock valued at $1,276,000 after purchasing an additional 33 shares during the last quarter. Accelerate Investment Advisors LLC increased its position in shares of Alphabet by 1.1% during the 4th quarter. Accelerate Investment Advisors LLC now owns 3,166 shares of the information services provider's stock valued at $993,000 after purchasing an additional 34 shares during the last quarter. Finally, Towne Trust Company N.A increased its position in shares of Alphabet by 34.0% during 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. Institutional investors own 27.26% of the company's stock.

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the sale, the director directly owned 3,581 shares in the company, valued at approximately $1,187,638.65. This represents a 22.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Frances Arnold sold 112 shares of the company's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director owned 18,418 shares of the company's stock, valued at $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,037,294 shares of company stock worth $94,216,897. 12.99% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on GOOG shares. Oppenheimer reissued an "outperform" rating and set a $360.00 target price on shares of Alphabet in a research report on Thursday, February 5th. TD Cowen reissued a "buy" rating and set a $375.00 target price (up from $365.00) on shares of Alphabet in a research report on Thursday, April 16th. Canaccord Genuity Group boosted their target price on Alphabet from $330.00 to $390.00 and gave the company a "buy" rating in a research report on Wednesday, January 7th. Needham & Company LLC set a $400.00 price objective on Alphabet and gave the company a "buy" rating in a research report on Friday, March 13th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $351.73.

More 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

Shares of Alphabet stock opened at $342.32 on Friday. The stock's fifty day moving average is $308.26 and its two-hundred day moving average is $304.62. The company has a market capitalization of $4.14 trillion, a PE ratio of 31.67, a price-to-earnings-growth ratio of 2.09 and a beta of 1.13. 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 52 week low of $149.49 and a 52 week high of $350.15.

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

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, March 9th. Alphabet's dividend payout ratio is currently 7.77%.

Alphabet Company 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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