Resources Management Corp CT ADV Has $1.25 Million Stock Holdings in Alphabet Inc. $GOOG

Resources Management Corp CT ADV cut its stake in Alphabet Inc. (NASDAQ:GOOG) by 96.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,975 shares of the information services provider’s stock after selling 107,882 shares during the quarter. Resources Management Corp CT ADV’s holdings in Alphabet were worth $1,247,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Retirement Capital Strategies acquired a new position in Alphabet in the 4th quarter valued at $241,000. Saber Capital Managment LLC acquired a new position in Alphabet in the 4th quarter valued at $325,000. MLP3 LLC acquired a new position in Alphabet in the 4th quarter valued at $2,058,000. Marathon Trading Investment Management LLC raised its holdings in Alphabet by 16,227.3% in the 4th quarter. Marathon Trading Investment Management LLC now owns 179,600 shares of the information services provider’s stock valued at $56,358,000 after acquiring an additional 178,500 shares in the last quarter. Finally, Mariner LLC raised its holdings in Alphabet by 4.8% in the 4th quarter. Mariner LLC now owns 2,389,216 shares of the information services provider’s stock valued at $749,789,000 after acquiring an additional 108,890 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the company’s stock in a transaction dated 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 is accessible through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the transaction, the director directly owned 2,531 shares of the company’s stock, valued at approximately $995,341.06. The trade was a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 191,966 shares of company stock worth $16,963,968. Company insiders own 12.99% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s cloud and AI momentum remains a major driver, with reports highlighting a growing Google Cloud backlog and stronger enterprise adoption of Gemini-powered AI tools, suggesting more room for revenue expansion. Why GOOGL Stock May Have More Room to Run Even After a 100% Rally
• Positive Sentiment: Analysts and commentators continue to point to Alphabet as a key AI winner, with bullish coverage tying the company to enterprise AI demand, cloud growth, and broad participation in the AI spending cycle. AI Is Reshaping FIFA World Cup 2026: 5 Stocks Likely to Gain
• Positive Sentiment: Alphabet is reportedly exploring Samsung as a potential manufacturing partner for its TPU chips as TSMC capacity tightens, which underscores strong demand for Google’s AI hardware and could improve supply-chain flexibility. Google’s Samsung Talks Highlight TSMC Capacity Crunch
• Neutral Sentiment: Google also drew attention for cybersecurity efforts after saying a Chinese-linked hacking group targeted U.S. and Canadian research facilities, a reminder of the company’s security capabilities but not a direct earnings catalyst. Chinese-linked hackers targeted U.S.,Canadian research facilities for a year, Google says
• Neutral Sentiment: Several articles and opinion pieces reinforced the bullish narrative on Alphabet’s AI strategy, including its more measured spending approach and its expanding role across search, cloud, and infrastructure. Bull v. Bear: GOOGL “Tortoise and Hare” AI Story
• Negative Sentiment: Alphabet’s large AI capital plans and stock issuance to help fund them could pressure margins or raise investor concerns about how much spending will be required to keep pace in the AI race. Alphabet is Raising $84.75 Billion to Win the AI Wars. Should Investors Celebrate or Worry?

Alphabet Trading Up 2.5%

GOOG opened at $367.11 on Tuesday. The company’s 50 day moving average is $359.16 and its 200-day moving average is $329.82. Alphabet Inc. has a 1-year low of $163.33 and a 1-year high of $404.47. 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 company has a market cap of $4.45 trillion, a P/E ratio of 28.00, a PEG ratio of 1.53 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $106.96 billion. During the same period last year, the company posted $2.81 EPS. The firm’s quarterly revenue was up 21.8% compared to the same quarter last year. Equities research analysts predict that Alphabet Inc. will post 14.3 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, June 8th. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio is 6.71%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. DZ Bank raised Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Scotiabank reaffirmed an “outperform” rating and issued a $450.00 price objective (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. KeyCorp reaffirmed an “overweight” rating on shares of Alphabet in a report on Wednesday, May 20th. Truist Financial set a $430.00 price target on Alphabet in a report on Monday, June 1st. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $425.00 price target on shares of Alphabet in a report on Thursday, April 30th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $376.78.

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.