Sound Income Strategies LLC Acquires 2,433 Shares of Alphabet Inc. $GOOG

Sound Income Strategies LLC increased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,949 shares of the information services provider’s stock after acquiring an additional 2,433 shares during the period. Sound Income Strategies LLC’s holdings in Alphabet were worth $9,233,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Avaii Wealth Management LLC boosted its position in Alphabet by 2.3% in the 4th quarter. Avaii Wealth Management LLC now owns 1,437 shares of the information services provider’s stock valued at $451,000 after buying an additional 32 shares during the last quarter. Accel Wealth Management boosted its position in Alphabet by 0.8% in the 4th quarter. Accel Wealth Management now owns 4,068 shares of the information services provider’s stock valued at $1,276,000 after buying an additional 33 shares during the last quarter. Accelerate Investment Advisors LLC boosted its position in Alphabet by 1.1% in the 4th quarter. Accelerate Investment Advisors LLC now owns 3,166 shares of the information services provider’s stock valued at $993,000 after buying an additional 34 shares during the last quarter. Aspire Capital Advisors LLC boosted its position in Alphabet by 2.2% in the 4th quarter. Aspire Capital Advisors LLC now owns 1,609 shares of the information services provider’s stock valued at $505,000 after buying an additional 35 shares during the last quarter. Finally, Morse Asset Management Inc boosted its position in Alphabet by 3.3% in the 3rd quarter. Morse Asset Management Inc now owns 1,093 shares of the information services provider’s stock valued at $266,000 after buying an additional 35 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: YouTube is raising U.S. subscription prices while the subscriber base tops ~125M, supporting higher ARPU and recurring revenue for Alphabet. Article Title
• Positive Sentiment: Google and Intel expanded a multi-year AI infrastructure partnership, reducing execution risk for Google Cloud’s AI capacity buildout and lowering costs for large model workloads. Article Title
• Positive Sentiment: Top analysts and boutiques reinstated bullish views and flagged upside (one analyst sees 30%+ upside), reinforcing momentum narratives around Cloud and AI monetization. Article Title
• Positive Sentiment: Longer-term optionality — fractional exposure to a potential SpaceX IPO value and sustained Google Cloud growth — remains a tailwind for longer-horizon investors. Article Title
• Neutral Sentiment: Alphabet’s board approved new long-term equity awards to executives — standard for tech firms but could be viewed as modest dilution; monitor details when full filings are available. Article Title
• Neutral Sentiment: ETF news (Roundhill GOOGL WeeklyPay distribution) and various market write-ups keep Alphabet in focus but are unlikely to move the stock materially on their own. Article Title
• Negative Sentiment: Short interest jumped in March to ~44.0M shares (+26.8% vs. mid‑March), representing roughly 0.4% of float and a short‑interest ratio near 1.9 days — rising short activity can amplify downside on negative headlines. (Market data)
• Negative Sentiment: Regulatory/legal friction: Indonesia issued a reprimand over YouTube compliance and a California bill would add costs/constraints for Waymo’s robotaxi operations — both increase near‑term policy risk for ad and autonomous-vehicle initiatives. Article Title Article Title
• Negative Sentiment: Some institutional trimming (reported stake reductions) and notes flagging stretched valuation/multiple compression risk could pressure the shares despite solid fundamentals. Article Title Article Title

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GOOG. TD Cowen reiterated a “buy” rating and issued a $365.00 price objective (up from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. JPMorgan Chase & Co. increased their price objective on Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Wedbush reiterated an “outperform” rating and issued a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $345.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Alphabet presently has an average rating of “Buy” and an average price target of $345.71.

Alphabet Stock Performance

Shares of Alphabet stock opened at $315.73 on Monday. The company has a market capitalization of $3.82 trillion, a PE ratio of 29.21, a PEG ratio of 1.95 and a beta of 1.13. Alphabet Inc. has a 12 month low of $148.40 and a 12 month high of $350.15. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock’s fifty day simple moving average is $306.32 and its 200 day simple moving average is $299.28.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm’s revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.15 EPS. On average, research analysts predict that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the transaction, the chief accounting officer owned 10,093 shares of the company’s stock, valued at approximately $2,923,235.59. This trade represents a 5.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,069,344 shares of company stock worth $104,708,426 in the last three months. 12.99% of the stock is owned by insiders.

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.