Rakuten Securities Inc. Has $11.09 Million Stock Holdings in Alphabet Inc. $GOOG

Key Points

• Rakuten Securities raised its Alphabet stake by 161.5% in Q4 to 35,334 shares, worth about $11.09 million, making GOOG its 7th-largest holding (≈3.6% of assets).
• Alphabet posted a strong Q1 beat with EPS $5.11 vs. $2.68 expected and revenue of $109.9 billion, prompting analyst upgrades and higher price targets.
• The company raised its quarterly dividend to $0.22 (annualized $0.88, ~0.2% yield), while insiders have been selling recently—CEO Sundar Pichai sold 32,500 shares and insiders disposed of about $58.8 million in the last 90 days.

Rakuten Securities Inc. boosted its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 161.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,334 shares of the information services provider's stock after purchasing an additional 21,821 shares during the period. Alphabet makes up approximately 3.6% of Rakuten Securities Inc.'s holdings, making the stock its 7th largest position. Rakuten Securities Inc.'s holdings in Alphabet were worth $11,088,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Nvest Wealth Strategies Inc. bought a new stake in shares of Alphabet during the 4th quarter valued at $38,000. Imprint Wealth LLC bought a new stake in shares of Alphabet during the 3rd quarter valued at $31,000. Manning & Napier Advisors LLC bought a new stake in shares of Alphabet during the 3rd quarter valued at $32,000. Towne Trust Company N.A grew 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 acquiring an additional 34 shares during the period. Finally, Creative Capital Management Investments LLC grew its position 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 valued at $63,000 after acquiring an additional 187 shares during the period. Institutional investors own 27.26% of the company's stock.

Alphabet Stock Down 0.9%

Shares of NASDAQ GOOG opened at $379.64 on Tuesday. The firm's 50-day moving average price is $312.44 and its 200-day moving average price is $308.65. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $4.59 trillion, a price-to-earnings ratio of 28.96, a P/E/G ratio of 1.81 and a beta of 1.25. Alphabet Inc. has a 12-month low of $149.49 and a 12-month high of $384.18.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analysts' expectations of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company's quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.81 EPS. On average, equities research analysts anticipate that Alphabet Inc. will post 12.78 EPS for the current fiscal year.

Alphabet Increases Dividend

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

Insider Activity at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares of the company's stock, valued at $505,573,853.40. This represents a 1.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Amie Thuener O'toole sold 617 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at $2,923,235.59. This trade represents 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 191,053 shares of company stock worth $58,845,206 in the last ninety days. Corporate insiders own 12.99% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GOOG shares. Wedbush reissued an "outperform" rating and set a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Canaccord Genuity Group boosted their price objective on shares of Alphabet from $330.00 to $390.00 and gave the company a "buy" rating in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Alphabet in a report on Monday, April 20th. Scotiabank reaffirmed an "outperform" rating and issued a $450.00 target price (up from $400.00) on shares of Alphabet in a report on Thursday. Finally, Pivotal Research reaffirmed a "buy" rating and issued a $470.00 target price (up from $420.00) on shares of Alphabet in a report on Wednesday, April 29th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of "Buy" and an average target price of $362.73.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 beat and Cloud strength — Alphabet reported far‑above‑consensus EPS and revenue and disclosed a Google Cloud backlog near ~$468B, driving optimistic analyst revisions and momentum after the quarter. Read More.
• Positive Sentiment: Analyst upgrades & higher price targets — Several firms raised targets and reiterated buy/outperform views (examples include JPMorgan, 24/7 Wall St. models projecting material upside, and a Citizens upgrade). These lifts support medium‑term upside expectations. Read More.
• Positive Sentiment: Large buyer activity — Mirae Asset reported a sizable addition to its GOOGL stake in recent 13F filings, signaling institutional demand. Read More.
• Neutral Sentiment: Strategic/geo-political relevance — Coverage notes Washington is increasingly focused on Google for national AI compute capacity, which could translate to long‑term government/business opportunities but also regulatory/oversight scrutiny. Read More.
• Neutral Sentiment: Waymo & mobility investments — Continued large funding and VC interest in Waymo highlight growth optionality beyond ads, but returns are long‑dated. Read More.
• Neutral Sentiment: AI ecosystem lift for semis and payments — Alphabet’s $190B AI buildout and agentic‑commerce themes boost broader AI infrastructure demand (beneficial for Google, but also benefits peers). Read More.
• Negative Sentiment: Institutional trimming & profit‑taking — Some funds cut GOOG/GOOGL positions (State of Michigan reduced GOOGL; Manning & Napier and Yacktman trimmed stakes), consistent with profit‑taking after a big run. That pressure can cap near‑term gains. Read More. Read More.Read More.
• Negative Sentiment: Rising capex guidance — Alphabet warned of a significant increase in 2027 capital spending tied to AI infrastructure, which can compress near‑term free cash flow and prompt some investors to take profits. Read More.
• Negative Sentiment: Insider selling — A director sale was reported (small amount), a reminder some insiders are trimming exposure; typically immaterial alone but contributes to the day's negative tape. Read More.

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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