Alphabet Inc. $GOOG Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. reduced its holdings in Alphabet Inc. (NASDAQ:GOOG) by 43.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 126,443 shares of the information services provider’s stock after selling 99,083 shares during the quarter. Alphabet comprises 1.5% of Securian Asset Management Inc.’s investment portfolio, making the stock its 14th biggest holding. Securian Asset Management Inc.’s holdings in Alphabet were worth $39,678,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of GOOG. ABN AMRO Bank N.V. increased its stake in Alphabet by 10.0% in the 4th quarter. ABN AMRO Bank N.V. now owns 436,017 shares of the information services provider’s stock valued at $136,439,000 after purchasing an additional 39,597 shares in the last quarter. Strait & Sound Wealth Management LLC increased its stake in Alphabet by 2.9% in the 4th quarter. Strait & Sound Wealth Management LLC now owns 3,224 shares of the information services provider’s stock valued at $1,012,000 after purchasing an additional 92 shares in the last quarter. Osprey Private Wealth LLC increased its stake in Alphabet by 24.0% in the 4th quarter. Osprey Private Wealth LLC now owns 96,895 shares of the information services provider’s stock valued at $30,406,000 after purchasing an additional 18,780 shares in the last quarter. Income Insurance Ltd purchased a new position in Alphabet in the 4th quarter valued at approximately $4,682,000. Finally, D Orazio & Associates Inc. increased its stake in Alphabet by 2.0% in the 4th quarter. D Orazio & Associates Inc. now owns 13,543 shares of the information services provider’s stock valued at $4,250,000 after purchasing an additional 260 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google I/O 2026 showcased a major AI push across Search, Gemini, Chrome, Android, YouTube, and Workspace, reinforcing Alphabet’s leadership in AI monetization.
• Positive Sentiment: Alphabet and Blackstone announced a $5 billion AI cloud venture using Google’s TPU chips, which could expand Alphabet’s AI infrastructure business and strengthen its competitive moat.
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet stake again, signaling continued confidence from a major long-term investor.
• Neutral Sentiment: Wall Street commentary remains split between enthusiasm over Alphabet’s AI progress and caution after the stock’s sharp rally and elevated valuation.
• Negative Sentiment: A major shareholder disclosed additional Alphabet share sales, which may be adding modest short-term pressure as investors take profits after the recent move higher.

Wall Street Analysts Forecast Growth

GOOG has been the subject of several research analyst reports. Scotiabank reaffirmed an “outperform” rating and issued a $450.00 price objective (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. Truist Financial set a $385.00 price objective on Alphabet in a research note on Wednesday, April 22nd. Pivotal Research reaffirmed a “buy” rating and issued a $470.00 price objective (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. Finally, Freedom Capital downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Six 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 an average price target of $363.40.

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director owned 4,631 shares in the company, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business’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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 226,481 shares of company stock valued at $27,422,061 in the last ninety days. Company insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

Alphabet stock opened at $384.90 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The stock has a fifty day moving average of $331.01 and a two-hundred day moving average of $318.96. The company has a market capitalization of $4.66 trillion, a price-to-earnings ratio of 29.36, a PEG ratio of 1.68 and a beta of 1.25. Alphabet Inc. has a fifty-two week low of $163.33 and a fifty-two week high of $404.47.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.68 by $2.43. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.Alphabet’s revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.81 earnings per share. On average, analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current fiscal 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 given a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is presently 6.41%.

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.