Alphabet Inc. $GOOG Stake Decreased by Huntleigh Advisors Inc.

Huntleigh Advisors Inc. cut its holdings in Alphabet Inc. (NASDAQ:GOOG) by 12.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 38,424 shares of the information services provider’s stock after selling 5,226 shares during the quarter. Alphabet comprises 2.0% of Huntleigh Advisors Inc.’s investment portfolio, making the stock its 8th biggest holding. Huntleigh Advisors Inc.’s holdings in Alphabet were worth $12,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the business. Tradewinds LLC. raised its holdings in Alphabet by 2,134.8% during the third quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock worth $10,984,000 after purchasing an additional 43,080 shares during the last quarter. Kathmere Capital Management LLC raised its holdings in Alphabet by 8.5% during the fourth quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock worth $9,381,000 after purchasing an additional 2,341 shares during the last quarter. Atlantic Union Bankshares Corp raised its holdings in Alphabet by 31.3% during the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after purchasing an additional 84,553 shares during the last quarter. Baltimore Washington Financial Advisors Inc. raised its holdings in Alphabet by 0.9% during 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 purchasing an additional 2,009 shares during the last quarter. Finally, CWA Asset Management Group LLC raised its holdings in Alphabet by 2.2% during the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock worth $38,272,000 after purchasing an additional 3,444 shares during the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Huge commercial win: Anthropic has committed roughly $200 billion to use Google Cloud and chips over multiple years, locking in large revenue/backlog assumptions that materially de?risk Cloud growth and future margin expansion. Anthropic commits to spending $200 billion on Google’s cloud and chips
• Positive Sentiment: Analyst bullishness: Mizuho and other shops have lifted forecasts/targets after Q1, citing underestimated Google Cloud and TPU/chip contributions — supporting further upside and helping push sentiment to record highs. Google Stock Nudges Up as Mizuho Elevates Alphabet’s Forecast
• Positive Sentiment: Q1 momentum and Cloud backlog: Strong Q1 results (large EPS beat, ~63% Cloud growth and a rapidly expanding Cloud backlog) continue to validate the AI/cloud revenue thesis and investor rotation into GOOG. Alphabet’s $460B AI Lock-In
• Neutral Sentiment: Product & research moves: DeepMind took a minority stake in the studio behind EVE Online to train models in complex simulated environments, and Google is developing a personal AI agent (“Remy”) and new AI search features — these support long?term AI capability gains but are incremental near?term revenue drivers. Google DeepMind Will Train AI Models on the MMORPG Eve Online
• Negative Sentiment: Institutional trimming: Large funds disclosed meaningful reductions in GOOG holdings (e.g., CalPERS and Deutsche Bank filings show multi?percent position cuts), which can add supply pressure and headline volatility. Fund Update: CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Just Disclosed New Holdings
• Negative Sentiment: Regulatory & legal risk: Google is negotiating changes in EU news search to avoid additional multibillion?euro fines, but the liability remains unresolved — a material tail risk if regulators press further. Google moves to avert EU fines with offer in news search case, Bloomberg News reports
• Negative Sentiment: Employee / reputational friction: Classified DoD AI work and DeepMind unionization/employee protests over defense contracts create potential operational and PR headaches that could weigh on sentiment for some investors. Google DeepMind employees vote to unionize over AI military deals

Insiders Place Their Bets

In related news, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the transaction, the director owned 3,581 shares of the company’s stock, valued at $1,187,638.65. The trade was a 22.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 158,553 shares of company stock valued at $47,951,856. 12.99% of the stock is owned by company insiders.

Alphabet Stock Performance

Alphabet stock opened at $395.50 on Thursday. The firm has a market capitalization of $4.78 trillion, a P/E ratio of 30.17, a PEG ratio of 1.60 and a beta of 1.25. The stock has a fifty day moving average price of $315.50 and a 200 day moving average price of $310.59. Alphabet Inc. has a 52 week low of $149.49 and a 52 week high of $396.38. 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 released its earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.81 earnings per share. Equities research analysts anticipate that Alphabet Inc. will post 14 earnings per share for the current year.

Alphabet Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on GOOG. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $370.00 price target on shares of Alphabet in a report on Tuesday, January 20th. DZ Bank raised Alphabet to a “strong-buy” rating in a report on Monday, February 16th. BMO Capital Markets reissued an “outperform” rating and issued a $400.00 price target on shares of Alphabet in a report on Thursday, February 5th. KeyCorp set a $370.00 price target on Alphabet in a report on Thursday, February 5th. Finally, Piper Sandler reissued an “overweight” rating and issued a $395.00 price target on shares of Alphabet in a report on Thursday, February 5th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $362.73.

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.