Alphabet Inc. $GOOG Shares Sold by SkyOak Wealth LLC

SkyOak Wealth LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 11.7% in the fourth quarter, HoldingsChannel reports. The fund owned 23,011 shares of the information services provider’s stock after selling 3,058 shares during the quarter. Alphabet makes up 1.3% of SkyOak Wealth LLC’s holdings, making the stock its 21st largest holding. SkyOak Wealth LLC’s holdings in Alphabet were worth $7,221,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Tradewinds LLC. lifted its stake in shares of Alphabet by 2,134.8% in the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock worth $10,984,000 after acquiring an additional 43,080 shares during the period. Kathmere Capital Management LLC raised its holdings in shares of Alphabet by 8.5% in the 4th 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 in the last quarter. Atlantic Union Bankshares Corp raised its holdings in shares of Alphabet by 31.3% in the 3rd 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 in the last quarter. Baltimore Washington Financial Advisors Inc. raised its holdings in shares of Alphabet by 0.9% in the 3rd 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 in the last quarter. Finally, Newbridge Financial Services Group Inc. raised its holdings in shares of Alphabet by 7.5% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 60,739 shares of the information services provider’s stock worth $19,060,000 after purchasing an additional 4,239 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 102 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00. Following the sale, the director owned 18,621 shares in the company, valued at $6,908,391. The trade was a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 226,481 shares of company stock valued at $27,422,061 over the last three months. 12.99% of the stock is owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Recent commentary says Alphabet was one of the biggest winners among the Mag 7 this earnings season, helped by accelerating Google Cloud sales and broader AI-driven strength. Alphabet and NVIDIA: The Biggest Mag 7 Winners This Earnings Season
• Positive Sentiment: Analysts highlighted Alphabet’s new AI ad formats and shopping tools as potential catalysts for stronger search monetization, higher conversion rates, and increased ad spending. Alphabet’s new AI ad formats seen boosting conversions and spending
• Positive Sentiment: Alphabet also announced a large $15 billion data center and AI infrastructure investment in Missouri, reinforcing investor confidence in its cloud and AI buildout. Google Deepens Missouri Roots with New Data Center, Energy, and Community Investments
• Neutral Sentiment: Google unveiled new AI search and agent features at I/O, which could improve engagement over time, but the rollout also raised concerns about complexity and possible disruption to the traditional search experience. You can no longer Google the word ‘disregard’
• Neutral Sentiment: Waymo temporarily paused some robotaxi and freeway services after safety issues in flooded roads and construction zones; while this is not core to Alphabet’s profits, it adds execution risk and negative headlines. Waymo suspends freeway rides, pauses Atlanta operations amid safety fixes
• Negative Sentiment: Alphabet has appealed the U.S. search-monopoly ruling, keeping antitrust overhang and potential remedies in focus for investors. Google appeals US court ruling on search monopoly

Alphabet Price Performance

GOOG stock opened at $379.38 on Monday. Alphabet Inc. has a 52-week low of $163.33 and a 52-week high of $404.47. The company’s 50 day simple moving average is $335.54 and its 200-day simple moving average is $321.07. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The firm has a market capitalization of $4.60 trillion, a P/E ratio of 28.94, a P/E/G ratio of 1.62 and a beta of 1.25.

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. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The firm’s revenue was up 21.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

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

Analyst Ratings Changes

A number of analysts recently commented on the stock. Scotiabank reiterated an “outperform” rating and issued a $450.00 target price (up from $400.00) on shares of Alphabet in a 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 report on Thursday, February 5th. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Oppenheimer boosted their target price on shares of Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Finally, Needham & Company LLC set a $400.00 target price on shares of Alphabet and gave the stock a “buy” rating in a report on Friday, March 13th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $372.65.

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.