Alphabet Inc. $GOOG Shares Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC grew its stake in Alphabet Inc. (NASDAQ:GOOG) by 20.1% during the 4th quarter, Holdings Channel reports. The firm owned 26,134 shares of the information services provider’s stock after purchasing an additional 4,378 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Alphabet were worth $8,201,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Alphabet by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock worth $132,114,125,000 after buying an additional 8,128,234 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock worth $24,240,469,000 after buying an additional 7,904,434 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of Alphabet by 5.8% in the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock worth $9,749,864,000 after buying an additional 2,209,203 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Alphabet by 0.7% in the third quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock worth $7,935,671,000 after buying an additional 223,743 shares in the last quarter. Finally, Capital World Investors lifted its stake in shares of Alphabet by 1.9% in the third quarter. Capital World Investors now owns 28,625,464 shares of the information services provider’s stock worth $6,971,769,000 after buying an additional 539,679 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Price Performance

Alphabet stock opened at $399.06 on Thursday. The company’s 50 day simple moving average is $323.77 and its 200-day simple moving average is $315.48. The company has a market capitalization of $4.84 trillion, a price-to-earnings ratio of 30.44, a price-to-earnings-growth ratio of 1.64 and a beta of 1.25. Alphabet Inc. has a 1 year low of $160.93 and a 1 year high of $399.93. 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 released its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. The business had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business’s revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.81 EPS. As a group, equities research analysts expect that Alphabet Inc. will post 14.28 earnings per share for the current year.

Alphabet Increases Dividend

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

Insider Buying and Selling at Alphabet

In related news, CAO Amie Thuener O’toole sold 955 shares of Alphabet stock in a transaction that occurred on Tuesday, March 3rd. The shares were 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 owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the transaction, the chief executive officer owned 2,818,524 shares of the company’s stock, valued at $856,605,814.08. This trade represents a 1.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 158,553 shares of company stock worth $47,951,856. 12.99% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Wells Fargo & Company raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $370.00 price target on shares of Alphabet in a research note on Tuesday, January 20th. Wedbush reissued an “outperform” rating and issued a $370.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Finally, TD Cowen raised their price target on shares of Alphabet from $375.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Six equities 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. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $362.73.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled a broader AI push at its Android event, including Gemini-powered features, new “Googlebooks” laptops, and agentic AI tools, reinforcing the company’s leadership in AI and mobile ecosystems.
• Positive Sentiment: Reports that Google is discussing orbital data centers with SpaceX have sparked investor excitement about a potential long-term infrastructure advantage in AI and cloud computing. Report: Google and SpaceX in talks to put data centers into orbit
• Positive Sentiment: Alphabet continues to attract bullish analyst and investor attention after strong Q1 results and ongoing cloud/AI growth, supporting the case for additional upside. Alphabet: The A-Z AI Play Set To Profit From The Whole Industry
• Positive Sentiment: Several large investors disclosed higher stakes in Alphabet, including Capital World Investors and other institutions, which can reinforce confidence in the stock’s long-term fundamentals.
• Neutral Sentiment: One fund update showed a large reduction in GOOG holdings by Capital International Investors, but this appears to be portfolio rebalancing rather than a direct company-specific warning.
• Negative Sentiment: Alphabet still faces regulatory pressure in Europe, including efforts to avoid an EU antitrust fine tied to spam-policy changes and broader DMA compliance concerns.

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.