Militia Capital Partners LP Buys Shares of 24,500 Alphabet Inc. $GOOG

Militia Capital Partners LP bought a new stake in shares of Alphabet Inc. (NASDAQ:GOOG) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 24,500 shares of the information services provider’s stock, valued at approximately $7,688,000. Alphabet comprises approximately 2.9% of Militia Capital Partners LP’s holdings, making the stock its 7th largest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Imprint Wealth LLC purchased a new stake in shares of Alphabet in the third quarter worth $31,000. Nvest Wealth Strategies Inc. purchased a new stake in shares of Alphabet in the fourth quarter worth $38,000. Bard Associates Inc. purchased a new stake in shares of Alphabet in the fourth quarter worth $41,000. Towne Trust Company N.A increased its stake in shares of Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after purchasing an additional 34 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new stake in shares of Alphabet in the fourth quarter worth $45,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 102 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $381.00, for a total value of $38,862.00. Following the sale, the director owned 18,721 shares of the company’s stock, valued at approximately $7,132,701. This represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction on 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 sale, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. This represents a 5.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 159,466 shares of company stock valued at $6,957,543. 12.99% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Stifel Nicolaus set a $420.00 price objective on shares of Alphabet in a research note on Wednesday, May 20th. Wells Fargo & Company restated an “overweight” rating and set a $435.00 target price on shares of Alphabet in a research report on Tuesday, June 2nd. Citigroup restated a “market outperform” rating on shares of Alphabet in a research report on Monday, June 1st. Oppenheimer upped their target price on shares of Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, Truist Financial set a $430.00 target price on shares of Alphabet in a research report on Monday, June 1st. Five research 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’s stock. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and an average price target of $376.78.

Alphabet Price Performance

GOOG stock opened at $371.10 on Wednesday. Alphabet Inc. has a 52 week low of $163.33 and a 52 week high of $404.47. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The company has a fifty day simple moving average of $360.69 and a two-hundred day simple moving average of $330.18. The firm has a market capitalization of $4.50 trillion, a P/E ratio of 28.31, a price-to-earnings-growth ratio of 1.57 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, April 30th. 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 business had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. During the same quarter last year, the business earned $2.81 earnings per share. Alphabet’s quarterly revenue was up 21.8% compared to the same quarter last year. Analysts anticipate that Alphabet Inc. will post 14.3 earnings per share for the current fiscal year.

Alphabet Increases Dividend

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

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: HSBC announced a multi-year partnership with Alphabet’s Google Cloud to expand its AI capabilities, a fresh validation of Google Cloud’s enterprise momentum and a potentially meaningful revenue tailwind. HSBC partners with Google Cloud to expand AI usage
• Positive Sentiment: Alphabet rolled out Android 17 and expanded Gemini features across Pixel devices and Wear OS, highlighting continued product innovation and deeper integration of AI into its consumer ecosystem. Android 17 launches with new multitasking tools as Google expands Gemini features
• Positive Sentiment: Alphabet confirmed a $1.5 billion Alabama data center expansion, including community investment and infrastructure spending, signaling continued AI and cloud capacity buildout to support future demand. Google’s Samsung Talks Highlight TSMC Capacity Crunch
• Positive Sentiment: Google broadened Fitbit Air’s appeal by making it HSA and FSA eligible, which could improve adoption in digital health and wearables. Google Broadens Fitbit Air Appeal With HSA, FSA Eligibility
• Neutral Sentiment: Google also received positive media commentary around its AI strategy and enterprise adoption, but these were largely opinion pieces rather than new fundamental developments. Why GOOGL Stock May Have More Room to Run Even After a 100% Rally
• Neutral Sentiment: Alphabet’s AI and quantum research efforts continued to draw attention, but the impact on near-term earnings is unclear. Google’s 20x Quantum Leap Threatens Ethereum’s Code as ETH Price Drops
• Negative Sentiment: Some coverage warned that the AI boom may be getting too speculative, with Howard Marks cautioning that investors may be overestimating what they own in AI stocks. Howard Marks: Investing in AI Stocks Is ‘Closer to Speculating’ Than Analysis

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.