Alphabet Inc. $GOOG Stock Holdings Decreased by Oak Family Advisors LLC

Oak Family Advisors LLC lessened its stake in Alphabet Inc. (NASDAQ:GOOG) by 8.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,385 shares of the information services provider’s stock after selling 1,505 shares during the quarter. Oak Family Advisors LLC’s holdings in Alphabet were worth $4,413,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Imprint Wealth LLC acquired a new position in shares of Alphabet in the 3rd quarter worth approximately $31,000. Nvest Wealth Strategies Inc. acquired a new stake in shares of Alphabet during the 4th quarter valued at approximately $38,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet during the 4th quarter valued at approximately $38,000. Bard Associates Inc. bought a new position in Alphabet during the fourth quarter worth $41,000. Finally, Towne Trust Company N.A lifted its stake 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 purchasing an additional 34 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a report on Monday, April 20th. The Goldman Sachs Group reiterated a “buy” rating and set a $450.00 price objective on shares of Alphabet in a research note on Thursday, May 21st. Raymond James Financial reissued a “strong-buy” rating and issued a $425.00 target price on shares of Alphabet in a report on Thursday, April 30th. Stifel Nicolaus set a $420.00 target price on Alphabet in a report on Wednesday, May 20th. Finally, Phillip Securities cut Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 15th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $376.78.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s advertising business is still growing, with one analyst note pointing to rising ad revenues and AI-driven ad tools as a source of further upside. Alphabet Benefits From Rising Advertising Revenues: More Upside Ahead?
• Positive Sentiment: Wedbush said the recent sell-off in big tech and AI names looks more like a buying opportunity than a broken AI thesis, and included Alphabet among the core beneficiaries of the AI trend. Wedbush brushes off tech sell-off as buying chance in multi-year AI bull run
• Positive Sentiment: Alphabet continues to get bullish long-term commentary from investors who see it as a strong growth and AI compounder, helped by Google Cloud momentum and AI monetization potential. Alphabet: Still A Top-Tier AI Compounder
• Neutral Sentiment: Alphabet is set to join the Dow Jones Industrial Average, which is a notable index inclusion but not an immediate fundamental catalyst. Alphabet Set to Join Dow Jones Industrial Average as Verizon Exits Index (GOOG)
• Neutral Sentiment: A new bill would study data-center energy and water measurement standards, which could eventually affect Alphabet’s cloud and AI infrastructure, but it does not create immediate regulation. New Bill: Representative Suhas Subramanyam introduces H.R. 9372: Data Infrastructure Energy Measurement and Standards Act
• Negative Sentiment: Investor concern is centered on Google’s AI talent exodus, with reports of more researchers leaving for rivals like Anthropic, raising worries about execution in Gemini and broader AI competitiveness. Alphabet Shares Fall After Report on Further AI Talent Departures
• Negative Sentiment: A separate report said Google is taking a tougher stance with publishers to secure broader content access for AI training, while publishers warn that traffic declines are already hurting them, adding to regulatory and relationship risk. Google looks to bleed publishers with new AI partnerships that would cull their content
• Negative Sentiment: Several articles this week continued to highlight weakness in the “all-in on AI” trade and pressure on Alphabet shares tied to AI talent losses and competitive fears. Ranking the FAANG Stocks From Most to Least Attractive, Based on Future Cash Flow

Insider Activity

In other news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the sale, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. The trade was a 41.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 151,523 shares of company stock worth $4,863,526 over the last three months. 12.99% of the stock is owned by insiders.

Alphabet Trading Down 2.2%

Shares of NASDAQ:GOOG opened at $334.71 on Friday. The company has a 50 day moving average of $366.33 and a 200-day moving average of $331.94. The firm has a market cap of $4.06 trillion, a P/E ratio of 25.53, a P/E/G ratio of 1.43 and a beta of 1.22. Alphabet Inc. has a twelve month low of $172.71 and a twelve month 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.

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, beating 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 business had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. During the same quarter last year, the business posted $2.81 earnings per share. The company’s quarterly revenue was up 21.8% on a year-over-year basis. As a group, analysts anticipate that Alphabet Inc. will post 14.3 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were issued a dividend of $0.22 per share. 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 0.3%. The ex-dividend date was Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

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.