Alphabet Inc. $GOOG Shares Bought by Wealth Effects LLC

Wealth Effects LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 47.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,807 shares of the information services provider’s stock after acquiring an additional 2,200 shares during the period. Alphabet accounts for approximately 0.7% of Wealth Effects LLC’s portfolio, making the stock its 28th biggest holding. Wealth Effects LLC’s holdings in Alphabet were worth $2,136,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tradewinds LLC. raised its holdings in Alphabet by 2,134.8% in the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock valued at $10,984,000 after acquiring an additional 43,080 shares during the last quarter. Kathmere Capital Management LLC boosted its holdings in shares of 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 boosted its holdings in shares of 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. grew its position in shares of 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 valued at $53,920,000 after purchasing an additional 2,009 shares during the period. Finally, CWA Asset Management Group LLC grew its position in shares of Alphabet by 2.2% in the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock valued at $38,272,000 after purchasing an additional 3,444 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred 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 sale, the director owned 3,581 shares of the company’s stock, valued at $1,187,638.65. This trade represents a 22.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares of the company’s stock, valued at $2,923,235.59. This trade represents a 5.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 2,037,294 shares of company stock valued at $94,216,897. Company insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

NASDAQ GOOG opened at $337.75 on Friday. The firm has a market capitalization of $4.09 trillion, a P/E ratio of 31.24, a P/E/G ratio of 2.08 and a beta of 1.13. Alphabet Inc. has a 1-year low of $149.49 and a 1-year high of $350.15. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The business’s 50-day simple moving average is $307.53 and its 200-day simple moving average is $303.99.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the prior year, the company earned $2.15 EPS. The company’s revenue was up 18.0% on a year-over-year basis. Equities analysts predict that Alphabet Inc. will post 11.57 EPS for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is 7.77%.

Analysts Set New Price Targets

GOOG has been the topic of several recent analyst reports. Oppenheimer reiterated an “outperform” rating and set a $360.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $370.00 target price on shares of Alphabet in a report on Tuesday, January 20th. Scotiabank reaffirmed an “outperform” rating and set a $400.00 price target (up from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Canaccord Genuity Group increased their price target on shares of Alphabet from $330.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $375.00 price target on shares of Alphabet in a report on Thursday, January 15th. Eight analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $347.16.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled its 8th‑gen TPUs and rebranded Vertex AI as the Gemini Enterprise Agent Platform — clarifying how its $175–185B 2026 capex is being deployed into cloud AI infrastructure and enterprise agent software, which supports higher long‑term monetization potential. Google Cloud Next 2026
• Positive Sentiment: TechCrunch reports a multi‑billion‑dollar expansion deal with Thinking Machines Lab, signalling large, recurring Google Cloud infrastructure revenue and validation of its TPU strategy. Thinking Machines Lab Deal
• Positive Sentiment: Wall Street bullishness is rising — BMO bumped its GOOGL target to $410 and multiple outlets highlight Alphabet as a primary way to own AI, supporting upside sentiment and analyst momentum. BMO Price Target Raise
• Positive Sentiment: Bank of America expects a modest Q1 beat driven by AI and Cloud strength (est. $92B revenue, $2.69 EPS), a near‑term catalyst that could lift the shares if results beat consensus. BofA Q1 Preview
• Neutral Sentiment: Sumitomo Mitsui’s 13F shows a small increase in GOOGL holdings while other funds (Janney) trimmed positions heavily — signals of mixed institutional positioning but ambiguous near‑term impact. Sumitomo 13F Update
• Neutral Sentiment: New open‑source and overseas competitors (e.g., China’s DeepSeek previewing V4) highlight intensifying AI competition — a longer‑term watch item for margins and model leadership, but not an immediate revenue threat. DeepSeek Preview
• Negative Sentiment: The EU is pressing Google to give rival AI assistants deeper Android access, which could weaken Android/Gemini distribution advantages and invite regulatory costs or product changes. EU Pressure on Android Access
• Negative Sentiment: Persistent insider selling and multiple reports of insider transactions have appeared in filings — a symbolic negative that can weigh on near‑term sentiment even if not reflective of fundamentals. Insider Selling Report

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.