Northeast Investment Management Sells 2,046 Shares of Alphabet Inc. $GOOG

Northeast Investment Management lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 101,573 shares of the information services provider’s stock after selling 2,046 shares during the period. Alphabet accounts for about 1.2% of Northeast Investment Management’s investment portfolio, making the stock its 25th biggest holding. Northeast Investment Management’s holdings in Alphabet were worth $31,874,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of GOOG. Tradewinds LLC. raised its stake in Alphabet by 2,134.8% in the third quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock worth $10,984,000 after buying an additional 43,080 shares in the last quarter. Kathmere Capital Management LLC raised its stake in Alphabet by 8.5% in the fourth quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock worth $9,381,000 after buying an additional 2,341 shares in the last quarter. Atlantic Union Bankshares Corp raised its stake in Alphabet by 31.3% in the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after buying an additional 84,553 shares in the last quarter. Baltimore Washington Financial Advisors Inc. raised its stake in Alphabet by 0.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock worth $53,920,000 after buying an additional 2,009 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. raised its stake in Alphabet by 7.5% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 60,739 shares of the information services provider’s stock worth $19,060,000 after buying an additional 4,239 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Alphabet Stock Down 0.4%

Shares of GOOG stock opened at $383.47 on Friday. Alphabet Inc. has a 1-year low of $163.33 and a 1-year high of $404.47. The stock’s fifty day moving average price is $334.12 and its 200 day moving average price is $320.40. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The company has a market cap of $4.65 trillion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 1.65 and a beta of 1.25.

Alphabet (NASDAQ:GOOG) last announced its 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. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. During the same period in the previous year, the business earned $2.81 EPS. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. On average, research analysts expect that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is currently 6.41%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google I/O 2026 highlighted new AI products, smarter Search, Gemini upgrades, AI ad tools, and agentic features that could boost Alphabet’s monetization across ads, cloud, and consumer services.
• Positive Sentiment: Bank of America, UBS and other analysts reiterated bullish views after the AI showcase, reinforcing confidence that Alphabet can turn AI adoption into revenue growth.
• Positive Sentiment: Alphabet’s new financing and infrastructure moves, including the yen note sale and Missouri data-center investment, support long-term AI capacity expansion.
• Neutral Sentiment: Alphabet continues to receive mixed commentary around valuation and market expectations after a sharp rally, which may limit near-term upside.
• Negative Sentiment: Waymo suspended freeway robotaxi rides and paused Atlanta operations while fixing safety issues in construction zones and flooded roads, creating headline risk for Alphabet.
• Negative Sentiment: Fresh insider selling by a director and additional regulatory/labor complaints in Europe add some short-term pressure and sentiment risk.

Insider Transactions at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director directly owned 4,631 shares of the company’s stock, valued at $1,405,091.71. This represents a 18.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the completion of the transaction, the chief executive officer directly owned 1,642,060 shares in the company, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 226,481 shares of company stock worth $27,422,061 over the last 90 days. Insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on GOOG shares. KeyCorp reissued an “overweight” rating on shares of Alphabet in a research note on Wednesday. Raymond James Financial reiterated a “strong-buy” rating and set a $425.00 price objective on shares of Alphabet in a report on Thursday, April 30th. Truist Financial set a $385.00 price objective on Alphabet in a research report on Wednesday, April 22nd. Scotiabank restated an “outperform” rating and set a $450.00 target price (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. Finally, Piper Sandler restated an “overweight” rating and set a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Six research 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. Based on data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and a consensus target price of $372.65.

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.