Alphabet Inc. $GOOG Shares Bought by Houlihan Financial Resource Group Ltd.

Houlihan Financial Resource Group Ltd. grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 278.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,601 shares of the information services provider’s stock after purchasing an additional 2,650 shares during the period. Houlihan Financial Resource Group Ltd.’s holdings in Alphabet were worth $1,154,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Imprint Wealth LLC acquired a new position in shares of Alphabet during the third quarter valued at $31,000. Nvest Wealth Strategies Inc. acquired a new position in shares of Alphabet during the fourth quarter valued at $38,000. Towne Trust Company N.A boosted 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 valued at $42,000 after buying an additional 34 shares in the last quarter. Winnow Wealth LLC bought a new position in Alphabet during the third quarter valued at about $63,000. Finally, CBIZ Investment Advisory Services LLC boosted its stake in Alphabet by 29.0% during the third quarter. CBIZ Investment Advisory Services LLC now owns 258 shares of the information services provider’s stock valued at $63,000 after buying an additional 58 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on GOOG. KeyCorp reaffirmed an “overweight” rating on shares of Alphabet in a research note on Wednesday, May 20th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $425.00 target price on shares of Alphabet in a research note on Thursday, April 30th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $450.00 target price on shares of Alphabet in a research note on Thursday, May 21st. Phillip Securities cut Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research note on Wednesday, April 15th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $376.00.

Insider Buying and Selling at Alphabet

In other news, insider John Kent Walker sold 8,993 shares of the company’s stock in a transaction on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the completion of the sale, the insider directly owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Frances Arnold sold 102 shares of the company’s 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 directly 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 193,016 shares of company stock valued at $17,282,549 over the last 90 days. 12.99% of the stock is owned by insiders.

Alphabet Trading Down 1.0%

Shares of NASDAQ GOOG opened at $365.76 on Friday. Alphabet Inc. has a 12 month low of $163.33 and a 12 month high of $404.47. The company has a market cap of $4.43 trillion, a price-to-earnings ratio of 27.90, a P/E/G ratio of 1.57 and a beta of 1.22. 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 business has a fifty day simple moving average of $350.06 and a 200-day simple moving average of $327.07.

Alphabet (NASDAQ:GOOG) last announced its earnings results 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 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 the consensus estimate of $106.96 billion. During the same period in the prior year, the business posted $2.81 earnings per share. Alphabet’s revenue was up 21.8% compared to the same quarter last year. Sell-side analysts predict that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be issued a dividend of $0.22 per share. This is a positive change 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 is Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is currently 6.41%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet signed a major cloud-computing agreement with SpaceX, with reports putting the deal at about $920 million per month for 32 months, which could provide a meaningful revenue stream and reinforce demand for Google Cloud. Article Title
• Positive Sentiment: Alphabet’s municipal-bond debut drew strong investor demand, suggesting institutions still view the company as a high-quality borrower with flexible financing options. Article Title
• Positive Sentiment: Some investors and analysts said the equity raise is a strategic move to accelerate AI infrastructure and may help Alphabet defend and expand its long-term leadership in search, cloud, and AI. Article Title
• Neutral Sentiment: Alphabet also appeared in commentary about AI-related partnerships, including potential indirect benefits from the SpaceX IPO and other cloud collaborations, but these are mostly longer-term strategic themes rather than immediate catalysts. Article Title
• Negative Sentiment: Wall Street coverage focused heavily on Alphabet’s expanding capital expenditures, with some commentators warning that the AI buildout may be getting too expensive and could pressure free cash flow. Article Title

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.