Alphabet Inc. $GOOG Shares Sold by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 17.3% in the 4th quarter, HoldingsChannel reports. The fund owned 374,087 shares of the information services provider’s stock after selling 78,024 shares during the period. Alphabet makes up approximately 4.3% of GC Wealth Management RIA LLC’s investment portfolio, making the stock its 5th biggest holding. GC Wealth Management RIA LLC’s holdings in Alphabet were worth $117,389,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Imprint Wealth LLC bought a new stake in Alphabet during the 3rd quarter worth approximately $31,000. Manning & Napier Advisors LLC bought a new position in shares of Alphabet in the third quarter valued at approximately $32,000. Nvest Wealth Strategies Inc. purchased a new position in shares of Alphabet during the fourth quarter valued at approximately $38,000. Towne Trust Company N.A grew its holdings in Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after buying an additional 34 shares in the last quarter. Finally, Lynch Asset Management Inc. bought a new stake in Alphabet during the third quarter worth $61,000. Institutional investors own 27.26% of the company’s stock.

Alphabet Stock Up 0.4%

GOOG stock opened at $397.05 on Friday. The stock has a market cap of $4.80 trillion, a P/E ratio of 30.29, a P/E/G ratio of 1.66 and a beta of 1.25. 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’s fifty day simple moving average is $317.19 and its two-hundred day simple moving average is $311.59. Alphabet Inc. has a 1-year low of $153.83 and a 1-year high of $398.37.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business’s revenue was up 21.8% compared to the same quarter last year. During the same period last year, the firm posted $2.81 EPS. Analysts expect that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. Alphabet’s dividend payout ratio is 6.41%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s recent earnings strength continues to drive optimism, with analysts raising price targets and earnings estimates after a strong Q1 beat that showed faster growth in Search, Cloud, and YouTube. Investors are also reacting to broad bullish coverage and high-profile holders adding to GOOG exposure.
• Positive Sentiment: Google is expanding its AI monetization tools, unveiling AI-powered Search and Shopping bidding/budgeting features that could make ad spending more efficient and support ad revenue growth. Article: Google AI Automates Ad Bidding and Budget Pacing
• Positive Sentiment: Alphabet is also leaning into AI and consumer hardware, with new Fitbit Air and AI health-coach launches, plus continued work on smart glasses and broader agentic AI products. These developments reinforce the view that Google is becoming a major AI platform across ads, devices, and subscriptions.
• Neutral Sentiment: Several reports point to continued institutional interest and analyst support, including fund additions and upgraded target prices, but these are largely reinforcement signals rather than immediate catalysts.
• Negative Sentiment: Regulatory overhang remains a concern after Google was given more time to address EU antitrust issues, and a new UK lawsuit over online display ads adds another legal challenge. Article: Google has bit more time to address concerns in EU investigation, EU Commission says
• Negative Sentiment: Google also settled a racial discrimination lawsuit for $50 million, which removes some uncertainty but highlights ongoing reputational and legal risks tied to employment practices. Article: Google settles racial discrimination lawsuit for $50 million

Insider Buying and Selling at Alphabet

In other Alphabet news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $371.00, for a total value of $37,842.00. Following the sale, the director owned 18,621 shares of the company’s stock, valued at approximately $6,908,391. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 617 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the transaction, the chief accounting officer owned 10,093 shares in the company, valued at approximately $2,923,235.59. The trade was 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 158,553 shares of company stock valued at $47,951,856 in the last three months. 12.99% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

GOOG has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $370.00 price objective on shares of Alphabet in a research note on Tuesday, January 20th. Wells Fargo & Company upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. UBS Group reiterated a “neutral” rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Royal Bank Of Canada reissued an “outperform” rating and set a $375.00 price target on shares of Alphabet in a research report on Thursday, January 15th. Finally, KeyCorp set a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $362.73.

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.