Sather Financial Group Inc Has $186.15 Million Stock Position in Alphabet Inc. $GOOG

Key Points

• Sather Financial Group trimmed its Alphabet stake by 5.1% in the first quarter, but Alphabet still remained its largest holding at 11.4% of the portfolio, worth about $186.1 million.
• Wall Street sentiment on GOOG remains constructive, with a consensus Buy rating and an average price target of $378.53; several firms recently raised or reiterated targets as high as $475.
• Alphabet reported strong quarterly results, including EPS of $5.11 versus estimates of $2.68 and revenue of $109.9 billion, up 21.8% year over year, while also lifting its quarterly dividend to $0.22.

Sather Financial Group Inc trimmed its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 5.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 648,906 shares of the information services provider's stock after selling 34,696 shares during the period. Alphabet accounts for about 11.4% of Sather Financial Group Inc's investment portfolio, making the stock its largest position. Sather Financial Group Inc's holdings in Alphabet were worth $186,145,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Nvest Wealth Strategies Inc. acquired a new stake in shares of Alphabet in the fourth quarter worth $38,000. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet during the 4th quarter worth $38,000. Imprint Wealth LLC bought a new stake in shares of Alphabet during the 3rd quarter worth $31,000. Bard Associates Inc. acquired a new position in Alphabet in the 4th quarter valued at $41,000. Finally, Towne Trust Company N.A grew its stake in Alphabet by 34.0% in the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock valued at $42,000 after buying an additional 34 shares during the last quarter. Institutional investors own 27.26% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on GOOG shares. Needham & Company LLC set a $400.00 target price on shares of Alphabet and gave the stock a "buy" rating in a report on Friday, March 13th. Freedom Capital cut shares of Alphabet from a "strong-buy" rating to a "hold" rating in a report on Monday, May 4th. Wells Fargo & Company set a $416.00 price target on Alphabet in a research report on Thursday, July 2nd. Stifel Nicolaus set a $420.00 price objective on Alphabet in a research note on Wednesday, May 20th. Finally, TD Cowen boosted their price objective on Alphabet from $450.00 to $475.00 and gave the stock a "buy" rating in a research report on Tuesday, June 9th. Five research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $378.53.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Several pieces highlighted Alphabet’s durable AI and cloud execution, including commentary that its distribution across Search, Android, YouTube, and Google Cloud gives it an edge in monetizing AI better than many rivals.
• Positive Sentiment: Analysts and market commentary remained constructive, with Zacks upgrading Alphabet to “strong-buy,” and multiple reports saying the stock still looks undervalued after its strong rally and may have further upside from current levels.
• Positive Sentiment: Alphabet’s cloud and AI ecosystem continues to draw positive coverage, including a new agentic AI collaboration with Accenture and reports that digital demand and data-center growth could support the business in the second half of 2026.
• Positive Sentiment: Long-term confidence also got a boost from comments that Alphabet could be a winner in the AI race due to its massive distribution footprint and ability to turn AI spending into real returns.
• Neutral Sentiment: Alphabet’s search product set a record for queries per second during the World Cup, reinforcing the strength of its core franchise, though this is more of a usage signal than a direct earnings catalyst.
• Neutral Sentiment: Waymo’s plan to expand driverless rides to more cities supports Alphabet’s optionality in autonomous vehicles, but the impact on near-term stock performance is likely limited.
• Negative Sentiment: News that Google and OpenAI provided AI model access to Singapore-based affiliates of Chinese firms has renewed policy and export-control concerns, which could raise regulatory risk around AI distribution.
• Negative Sentiment: Alphabet is also facing more scrutiny abroad, including the UK bringing Google cloud services under direct oversight and an ongoing legal fight in India over its ads platform.
• Negative Sentiment: Some traders remain cautious about competition, with reports suggesting Meta could challenge Google’s AI leadership and that Alphabet’s recent price action has lagged broader tech at times.

Insider Buying and Selling at Alphabet

In related news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm's stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction on Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the sale, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 160,465 shares of company stock valued at $8,020,511 in the last quarter. 12.99% of the stock is currently owned by corporate insiders.

Alphabet Stock Performance

NASDAQ:GOOG traded down $1.21 during trading hours on Friday, hitting $355.03. 11,607,032 shares of the company traded hands, compared to its average volume of 21,891,652. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a twelve month low of $177.54 and a twelve month high of $404.47. The firm has a 50-day moving average of $369.81 and a 200 day moving average of $335.21. The stock has a market capitalization of $4.30 trillion, a price-to-earnings ratio of 27.08, a P/E/G ratio of 1.52 and a beta of 1.23.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping 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 company had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. During the same period last year, the business posted $2.81 EPS. The business's quarterly revenue was up 21.8% on a year-over-year basis. On average, analysts forecast that Alphabet Inc. will post 14.32 EPS for the current year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a $0.22 dividend. This is a positive change from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet's payout ratio is currently 6.71%.

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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