Oak Thistle LLC Makes New Investment in Alphabet Inc. $GOOG

Key Points

• Oak Thistle LLC bought a new stake in Alphabet (NASDAQ:GOOG) of 5,590 shares in Q4, valued at about $1.75 million according to its 13F filing.
• Alphabet beat expectations on its last report—$2.82 EPS vs $2.59 expected and revenue of $113.83 billion (up 18% YoY)—and the stock trades near $330 with a roughly $4.0 trillion market cap.
• Company insiders have been net sellers (about 2.07 million shares, ~$104.5M, in the past 90 days), while analysts maintain an overall Buy consensus with an average price target near $345.71.

Oak Thistle LLC purchased a new stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,590 shares of the information services provider's stock, valued at approximately $1,754,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Center For Asset Management LLC acquired a new position in Alphabet in the 4th quarter valued at about $587,000. AK Global Asset Management LLC acquired a new position in shares of Alphabet during the 4th quarter worth $4,263,000. BIP Wealth LLC grew its holdings in shares of Alphabet by 58.3% in the 4th quarter. BIP Wealth LLC now owns 14,929 shares of the information services provider's stock worth $4,685,000 after acquiring an additional 5,500 shares during the period. Ervin Investment Management LLC grew its stake in Alphabet by 350.5% in the 4th quarter. Ervin Investment Management LLC now owns 51,250 shares of the information services provider's stock valued at $16,082,000 after acquiring an additional 39,874 shares during the last quarter. Finally, HRC Wealth Management LLC grew its stake in Alphabet by 1.0% in 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 acquiring an additional 31 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Alphabet Stock Up 3.5%

Alphabet stock opened at $330.43 on Wednesday. Alphabet Inc. has a 52 week low of $148.40 and a 52 week high of $350.15. The stock has a market cap of $4.00 trillion, a price-to-earnings ratio of 30.57, a PEG ratio of 1.97 and a beta of 1.13. The company's 50-day moving average price is $305.60 and its two-hundred day moving average price is $300.37. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping analysts' consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the previous year, the firm earned $2.15 EPS. The business's revenue for the quarter was up 18.0% on a year-over-year basis. On average, analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a dividend of $0.21 per share. The ex-dividend date was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet's payout ratio is currently 7.77%.

Analysts Set New Price Targets

GOOG has been the topic of several analyst reports. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $375.00 price target on shares of Alphabet in a research note on Thursday, January 15th. Raymond James Financial upgraded Alphabet from an "outperform" rating to a "strong-buy" rating and lifted their target price for the company from $315.00 to $400.00 in a report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their price target on shares of Alphabet from $385.00 to $395.00 and gave the company an "overweight" rating in a research report on Thursday, February 5th. Cantor Fitzgerald restated a "neutral" rating on shares of Alphabet in a research note on Tuesday, January 20th. Finally, Jefferies Financial Group reissued a "buy" rating and set a $365.00 target price on shares of Alphabet in a research report on Monday, January 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $345.71.

Insider Buying and Selling at Alphabet

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider John Kent Walker sold 47,574 shares of the business's stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,068,744 shares of company stock valued at $104,505,914 in the last ninety days. Company insiders own 12.99% of the company's stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Top analysts expect strong Q1 momentum and continued earnings/AI-driven growth, supporting near-term upside into the company’s upcoming catalysts (earnings, Google I/O). Early Take: Top Analyst Weighs In on Alphabet (GOOGL) Ahead of Q1 Earnings
• Positive Sentiment: DeepMind released a new robotics AI model and opened it to developers — a tangible AI productization step that reinforces Alphabet’s competitive AI moat and potential commercial pathways for Cloud/robotics. Google DeepMind Releases New AI Model to Bring Robots Closer to Real Autonomy
• Positive Sentiment: Citi put Alphabet on a positive 90-day catalyst watch citing Q1 results, Google I/O and Cloud Next as potential catalysts — institutional attention can amplify gains into those events. Alphabet (GOOG) Stock Gains Citi’s Positive Catalyst Watch Through July
• Positive Sentiment: Strategic chip/AI supply deals (Broadcom + Google TPUs and expanded Anthropic collaboration) de‑risk Alphabet’s AI infrastructure story and support investor confidence in long-term AI monetization. Here is why Alphabet (GOOGL) Is Among the High-Flying AI Stocks to Buy
• Neutral Sentiment: Bull/bear price models and buy signals (e.g., 24/7 Wall St. target ~ $352) provide upside narratives but depend on execution in Cloud/AI and ad resilience. Google Price Prediction: Bull and Bear Case
• Negative Sentiment: Mass arbitration claims tied to ad tech and search rulings could expose Alphabet to as much as $218 billion in damages — a large potential liability that raises regulatory/legal overhang and investor uncertainty. Alphabet Faces $218 Billion Mass Arbitration Claims Over Ad Tech And Search Rulings
• Negative Sentiment: New antitrust suit from rival Android app store Aptoide alleges Google monopolizes app distribution and billing — adds to legal risk profile and could pressure Android-related revenue or margins if rulings are unfavorable. Google sued by rival app store Aptoide over alleged monopoly
• Negative Sentiment: Competitive pressure in digital ads: Emarketer/WSJ projections show Meta may overtake Google in net ad revenue this year — a structural risk for Google’s largest business that could weigh on longer-term top-line growth. Meta poised to surpass Google in digital ad revenue for first time, report says

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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