RFP Financial Group LLC Sells 1,653 Shares of Alphabet Inc. $GOOG

RFP Financial Group LLC reduced its holdings in Alphabet Inc. (NASDAQ:GOOG) by 14.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,507 shares of the information services provider’s stock after selling 1,653 shares during the quarter. Alphabet accounts for 1.4% of RFP Financial Group LLC’s portfolio, making the stock its 9th largest position. RFP Financial Group LLC’s holdings in Alphabet were worth $2,983,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in GOOG. Brighton Jones LLC increased its position in Alphabet by 5.6% in the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after acquiring an additional 6,410 shares during the period. Worldquant Millennium Advisors LLC increased its position in Alphabet by 76.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider’s stock valued at $330,886,000 after acquiring an additional 806,681 shares during the period. Darwin Wealth Management LLC acquired a new stake in Alphabet in the 2nd quarter valued at approximately $658,000. Financial Advisors Network Inc. increased its position in Alphabet by 7.7% in the 2nd quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider’s stock valued at $1,409,000 after acquiring an additional 565 shares during the period. Finally, Ausdal Financial Partners Inc. increased its position in Alphabet by 10.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider’s stock valued at $6,618,000 after acquiring an additional 3,616 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction on Friday, May 29th. The stock was sold at an average price of $381.00, for a total transaction of $38,862.00. Following the completion of the sale, the director owned 18,721 shares of the company’s stock, valued at approximately $7,132,701. This trade represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction on Friday, May 15th. The shares were sold at an average price of $393.26, for a total value of $412,923.00. Following the sale, the director directly owned 2,531 shares of the company’s stock, valued at approximately $995,341.06. The trade was a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 191,966 shares of company stock valued at $16,963,968. 12.99% of the stock is currently owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s cloud and AI momentum remains a major driver, with reports highlighting a growing Google Cloud backlog and stronger enterprise adoption of Gemini-powered AI tools, suggesting more room for revenue expansion. Why GOOGL Stock May Have More Room to Run Even After a 100% Rally
• Positive Sentiment: Analysts and commentators continue to point to Alphabet as a key AI winner, with bullish coverage tying the company to enterprise AI demand, cloud growth, and broad participation in the AI spending cycle. AI Is Reshaping FIFA World Cup 2026: 5 Stocks Likely to Gain
• Positive Sentiment: Alphabet is reportedly exploring Samsung as a potential manufacturing partner for its TPU chips as TSMC capacity tightens, which underscores strong demand for Google’s AI hardware and could improve supply-chain flexibility. Google’s Samsung Talks Highlight TSMC Capacity Crunch
• Neutral Sentiment: Google also drew attention for cybersecurity efforts after saying a Chinese-linked hacking group targeted U.S. and Canadian research facilities, a reminder of the company’s security capabilities but not a direct earnings catalyst. Chinese-linked hackers targeted U.S.,Canadian research facilities for a year, Google says
• Neutral Sentiment: Several articles and opinion pieces reinforced the bullish narrative on Alphabet’s AI strategy, including its more measured spending approach and its expanding role across search, cloud, and infrastructure. Bull v. Bear: GOOGL “Tortoise and Hare” AI Story
• Negative Sentiment: Alphabet’s large AI capital plans and stock issuance to help fund them could pressure margins or raise investor concerns about how much spending will be required to keep pace in the AI race. Alphabet is Raising $84.75 Billion to Win the AI Wars. Should Investors Celebrate or Worry?

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Needham & Company LLC set a $400.00 price target on Alphabet and gave the company a “buy” rating in a research report on Friday, March 13th. Scotiabank reiterated an “outperform” rating and set a $450.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. The Goldman Sachs Group reiterated a “buy” rating and set a $450.00 price target on shares of Alphabet in a research report on Thursday, May 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. Finally, Pivotal Research reiterated a “buy” rating and set a $470.00 price target (up from $420.00) on shares of Alphabet in a research report on Wednesday, April 29th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Alphabet has an average rating of “Buy” and a consensus price target of $376.78.

Alphabet Stock Up 2.5%

Shares of GOOG stock opened at $367.11 on Tuesday. Alphabet Inc. has a 1 year low of $163.33 and a 1 year high of $404.47. The stock has a market cap of $4.45 trillion, a PE ratio of 28.00, a price-to-earnings-growth ratio of 1.53 and a beta of 1.23. The business’s fifty day moving average is $359.16 and its 200-day moving average is $329.82. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The business had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company’s quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.81 EPS. Equities analysts expect that Alphabet Inc. will post 14.3 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s payout ratio is 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.