Alphabet Inc. $GOOG Shares Purchased by RIA Advisory Group LLC

RIA Advisory Group LLC raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 902.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,091 shares of the information services provider’s stock after purchasing an additional 13,586 shares during the quarter. Alphabet accounts for 1.1% of RIA Advisory Group LLC’s portfolio, making the stock its 18th largest position. RIA Advisory Group LLC’s holdings in Alphabet were worth $4,736,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Summit Wealth & Retirement Planning Inc. grew its stake in Alphabet by 1.4% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 7,219 shares of the information services provider’s stock valued at $2,265,000 after purchasing an additional 103 shares in the last quarter. AlphaStar Capital Management LLC grew its stake in Alphabet by 7.8% during the 4th quarter. AlphaStar Capital Management LLC now owns 13,332 shares of the information services provider’s stock valued at $4,183,000 after purchasing an additional 961 shares in the last quarter. Carbahal Olsen Financial Services Group LLC acquired a new stake in Alphabet during the 4th quarter valued at approximately $278,000. Oak Harbor Wealth Partners LLC grew its stake in Alphabet by 0.4% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 27,114 shares of the information services provider’s stock valued at $8,508,000 after purchasing an additional 112 shares in the last quarter. Finally, Alliance Wealth Strategies LLC d b a Brown Edwards Wealth Strategies acquired a new stake in Alphabet during the 4th quarter valued at approximately $693,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Key Headlines Impacting 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 Trading Up 4.0%

Shares of NASDAQ GOOG opened at $399.06 on Thursday. The company has a market cap 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 12-month low of $160.93 and a 12-month high of $399.93. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock’s 50 day simple moving average is $323.77 and its 200 day simple moving average is $315.48.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 38.99% and a net margin of 37.92%.The business’s revenue was up 21.8% on a year-over-year basis. During the same quarter last year, the business posted $2.81 EPS. Equities research analysts expect that Alphabet Inc. will post 14.28 EPS for the current year.

Alphabet Increases Dividend

The business also recently declared 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 is a positive change from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is 6.41%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on GOOG. Freedom Capital lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. TD Cowen lifted their target price on Alphabet from $375.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. BMO Capital Markets reiterated an “outperform” rating and issued a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Wedbush reiterated an “outperform” rating and issued a $370.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Finally, Phillip Securities lowered Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 15th. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $362.73.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 8,993 shares of the firm’s stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the sale, the insider owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. This trade represents a 14.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $371.00, for a total value of $37,842.00. Following the completion of the sale, the director directly owned 18,621 shares in the company, valued at approximately $6,908,391. This trade represents a 0.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 158,553 shares of company stock worth $47,951,856. 12.99% of the stock is currently owned by insiders.

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.