PFG Advisors Sells 31,950 Shares of Alphabet Inc. $GOOG

Key Points

• PFG Advisors cut its Alphabet stake by 41.6%, selling 31,950 shares and finishing the quarter with 44,935 shares worth $14.10 million (0.7% of its portfolio and its 27th-largest holding).
• Alphabet posted a strong Q1 beat — $5.11 EPS vs. $2.63 expected and $109.9B revenue — led by Google Cloud re‑acceleration (~$20B, ~63% YoY), and analysts hold a consensus "Buy" with an average target of $351.73.
• There has been heavy trading activity: insiders sold 2,037,192 shares (~$94.18M) over the past three months while institutional ownership is about 27.26%, suggesting active rebalancing and potential near‑term volatility.

PFG Advisors cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 41.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 44,935 shares of the information services provider's stock after selling 31,950 shares during the period. Alphabet accounts for 0.7% of PFG Advisors' portfolio, making the stock its 27th biggest position. PFG Advisors' holdings in Alphabet were worth $14,101,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Imprint Wealth LLC bought a new position in Alphabet in the third quarter worth about $31,000. Manning & Napier Advisors LLC bought a new stake in Alphabet during the 3rd quarter valued at approximately $32,000. Towne Trust Company N.A boosted its position in 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 acquiring an additional 34 shares in the last quarter. Tripletail Wealth Management LLC purchased a new position in shares of Alphabet during the 3rd quarter worth approximately $40,000. Finally, Creative Capital Management Investments LLC grew its holdings in shares of Alphabet by 1,438.5% during the 4th quarter. Creative Capital Management Investments LLC now owns 200 shares of the information services provider's stock worth $63,000 after acquiring an additional 187 shares during the period. Institutional investors own 27.26% of the company's stock.

Analyst Upgrades and Downgrades

GOOG has been the subject of a number of research analyst reports. Piper Sandler restated an "overweight" rating and issued a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. DZ Bank raised Alphabet to a "strong-buy" rating in a research note on Monday, February 16th. Scotiabank reiterated an "outperform" rating and issued a $400.00 price objective (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. Raymond James Financial raised Alphabet from an "outperform" rating to a "strong-buy" rating and raised their price objective for the company from $315.00 to $400.00 in a research report on Thursday, January 22nd. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a report on Monday, April 20th. Seven 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's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $351.73.

Alphabet Stock Performance

Shares of GOOG opened at $347.31 on Thursday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $4.20 trillion, a P/E ratio of 32.13, a P/E/G ratio of 2.16 and a beta of 1.13. The business's 50 day moving average price is $310.87 and its 200-day moving average price is $307.25. Alphabet Inc. has a 52 week low of $149.49 and a 52 week high of $353.40.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.63 by $2.48. The company had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.60 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm's revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter last year, the company earned $2.81 EPS. Equities research analysts anticipate that Alphabet Inc. will post 11.53 earnings per share for the current fiscal year.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 beat — EPS and revenue topped estimates; Google Cloud re‑accelerated to ~$20B (≈63% YoY), validating AI monetization and enterprise demand. This is the primary catalyst for the positive market reaction after the print. Q1 Earnings Beat
• Positive Sentiment: Ad and subscriptions strength — Search/ads and YouTube showed growth (YouTube ad revenue +11%), and paid subs added ~25M, supporting recurring revenue and ad monetization of AI features. Subscriptions Growth
• Positive Sentiment: Analyst support and flows — Several firms raised price targets or reiterated Buy ratings (BMO, KeyBanc, William Blair coverage cited), and visible purchases from investors/ARK ahead of earnings signaled conviction. Analyst upgrades reinforce upside expectations. Analyst Upgrades
• Neutral Sentiment: AI commercialization roadmap — Management emphasized AI Mode / Gemini monetization (including potential ads in Gemini) and partnerships (e.g., Stripe integrations), which are long‑term positives but need execution to translate into durable margin expansion. Gemini Ads & AI Mode
• Neutral Sentiment: Cloud demand vs capacity questions — Cloud revenue growth surprised to the upside but management noted capacity constraints and allocation choices; these can boost near‑term revenue but also raise capex/capacity tradeoffs to monitor. Cloud Capacity Constraints
• Negative Sentiment: Reputation & governance risks — Alphabet’s classified AI deal with the Pentagon provoked employee pushback and investor requests for clearer safeguards on cloud/AI use; reputational and governance risks could attract regulatory or workforce friction. Pentagon AI Deal / Governance
• Negative Sentiment: Regulatory and tax risks — New proposals overseas (e.g., Australia's levy on local news revenues) and EU focus on cloud/AI regulation increase the policy risk premium on hyperscaler revenues. Monitor regional guidance and potential competitive impacts. Regulatory Risk
• Negative Sentiment: Investor positioning and fund flows — Some funds disclosed large reductions and certain trusts trimmed exposure ahead of earnings; short‑term volatility may persist as options traders had priced in a sizable post‑earnings swing. Fund Activity

Insider Activity

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The shares were 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 can be accessed through the SEC website. Also, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the sale, the chief accounting officer owned 9,918 shares of the company's stock, valued at approximately $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 2,037,192 shares of company stock valued at $94,182,217. 12.99% of the stock is currently owned by insiders.

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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