Sanctuary Advisors LLC Buys 30,559 Shares of Alphabet Inc. $GOOG

Key Points

• Sanctuary Advisors increased its stake in Alphabet by 6.5% in Q4, buying 30,559 shares to hold 497,416 shares worth $156.09 million, making GOOG its 16th-largest position (≈0.9% of the portfolio).
• Strong Q1 and cloud momentum: Alphabet beat expectations (EPS $5.11 vs. $2.68) with revenue of $109.9B (+21.8%) and ~63% Google Cloud growth, and a reported ~$200 billion commercial commitment from Anthropic that could materially de‑risk future Cloud revenue and margins.
• Insider activity and analyst sentiment: Insiders sold 158,553 shares (~$47.95M) last quarter (insiders now own 12.99%), even as analysts have raised targets and the consensus rating remains a Buy.

Sanctuary Advisors LLC grew its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 6.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 497,416 shares of the information services provider's stock after acquiring an additional 30,559 shares during the quarter. Alphabet comprises approximately 0.9% of Sanctuary Advisors LLC's portfolio, making the stock its 16th biggest position. Sanctuary Advisors LLC's holdings in Alphabet were worth $156,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Quent Capital LLC increased its holdings in shares of Alphabet by 3.7% during the fourth quarter. Quent Capital LLC now owns 36,126 shares of the information services provider's stock valued at $11,336,000 after acquiring an additional 1,282 shares in the last quarter. Merkkuri Wealth Advisors LLC increased its holdings in shares of Alphabet by 3.0% during the fourth quarter. Merkkuri Wealth Advisors LLC now owns 2,029 shares of the information services provider's stock valued at $637,000 after acquiring an additional 60 shares in the last quarter. Golden State Equity Partners increased its holdings in shares of Alphabet by 18.6% during the fourth quarter. Golden State Equity Partners now owns 8,375 shares of the information services provider's stock valued at $2,628,000 after acquiring an additional 1,312 shares in the last quarter. True Link Financial Advisors LLC bought a new position in shares of Alphabet during the fourth quarter valued at $517,000. Finally, Vanguard Group Inc. increased its holdings in shares of Alphabet by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider's stock valued at $132,114,125,000 after acquiring an additional 8,128,234 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Huge commercial win: Anthropic has committed roughly $200 billion to use Google Cloud and chips over multiple years, locking in large revenue/backlog assumptions that materially de‑risk Cloud growth and future margin expansion. Anthropic commits to spending $200 billion on Google's cloud and chips
• Positive Sentiment: Analyst bullishness: Mizuho and other shops have lifted forecasts/targets after Q1, citing underestimated Google Cloud and TPU/chip contributions — supporting further upside and helping push sentiment to record highs. Google Stock Nudges Up as Mizuho Elevates Alphabet’s Forecast
• Positive Sentiment: Q1 momentum and Cloud backlog: Strong Q1 results (large EPS beat, ~63% Cloud growth and a rapidly expanding Cloud backlog) continue to validate the AI/cloud revenue thesis and investor rotation into GOOG. Alphabet's $460B AI Lock-In
• Neutral Sentiment: Product & research moves: DeepMind took a minority stake in the studio behind EVE Online to train models in complex simulated environments, and Google is developing a personal AI agent (“Remy”) and new AI search features — these support long‑term AI capability gains but are incremental near‑term revenue drivers. Google DeepMind Will Train AI Models on the MMORPG Eve Online
• Negative Sentiment: Institutional trimming: Large funds disclosed meaningful reductions in GOOG holdings (e.g., CalPERS and Deutsche Bank filings show multi‑percent position cuts), which can add supply pressure and headline volatility. Fund Update: CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Just Disclosed New Holdings
• Negative Sentiment: Regulatory & legal risk: Google is negotiating changes in EU news search to avoid additional multibillion‑euro fines, but the liability remains unresolved — a material tail risk if regulators press further. Google moves to avert EU fines with offer in news search case, Bloomberg News reports
• Negative Sentiment: Employee / reputational friction: Classified DoD AI work and DeepMind unionization/employee protests over defense contracts create potential operational and PR headaches that could weigh on sentiment for some investors. Google DeepMind employees vote to unionize over AI military deals

Insider Buying and Selling at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total value of $348,232.50. Following the transaction, the director owned 3,581 shares in the company, valued at $1,187,638.65. This represents a 22.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 158,553 shares of company stock worth $47,951,856 over the last quarter. Company insiders own 12.99% of the company's stock.

Alphabet Trading Up 2.9%

Alphabet stock opened at $395.50 on Thursday. The stock has a market capitalization of $4.78 trillion, a PE ratio of 30.17, a price-to-earnings-growth ratio of 1.60 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The business's fifty day moving average is $315.50 and its 200 day moving average is $310.59. Alphabet Inc. has a one year low of $149.49 and a one year high of $396.38.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.68 by $2.43. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. During the same quarter in the prior year, the firm earned $2.81 EPS. The business's revenue for the quarter was up 21.8% compared to the same quarter last year. On average, sell-side analysts predict that Alphabet Inc. will post 14 EPS for the current year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid a $0.22 dividend. This is a boost from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet's dividend payout ratio (DPR) is currently 6.41%.

Analyst Ratings Changes

GOOG has been the subject of several analyst reports. Canaccord Genuity Group raised their price target 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 research report on Monday, February 23rd. JPMorgan Chase & Co. increased their price objective on Alphabet from $395.00 to $460.00 and gave the company an "overweight" rating in a research report on Thursday, April 30th. Piper Sandler reaffirmed an "overweight" rating and set a $395.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Finally, Scotiabank reaffirmed an "outperform" rating and set a $450.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of "Buy" and a consensus price target of $362.73.

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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