Cypress Wealth Services LLC increased its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 17.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,941 shares of the information services provider’s stock after buying an additional 3,336 shares during the quarter. Alphabet comprises about 1.0% of Cypress Wealth Services LLC’s investment portfolio, making the stock its 23rd biggest position. Cypress Wealth Services LLC’s holdings in Alphabet were worth $7,199,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of Alphabet by 5.6% in the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after purchasing an additional 6,410 shares in the last quarter. Edgestream Partners L.P. grew its holdings in shares of Alphabet by 73.9% during the 2nd quarter. Edgestream Partners L.P. now owns 16,696 shares of the information services provider’s stock worth $2,962,000 after purchasing an additional 7,095 shares during the period. Quantbot Technologies LP increased its position in Alphabet by 142.9% during the 2nd quarter. Quantbot Technologies LP now owns 31,646 shares of the information services provider’s stock worth $5,614,000 after purchasing an additional 18,618 shares in the last quarter. JT Stratford LLC increased its position in Alphabet by 12.0% during the 2nd quarter. JT Stratford LLC now owns 3,761 shares of the information services provider’s stock worth $667,000 after purchasing an additional 404 shares in the last quarter. Finally, Acorns Advisers LLC raised its holdings in Alphabet by 16.1% in the second quarter. Acorns Advisers LLC now owns 7,997 shares of the information services provider’s stock valued at $1,419,000 after buying an additional 1,111 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.
Alphabet Stock Up 2.8%
Shares of NASDAQ:GOOG opened at $294.90 on Thursday. The company has a market capitalization of $3.57 trillion, a price-to-earnings ratio of 27.28, a price-to-earnings-growth ratio of 1.76 and a beta of 1.13. The company has a 50 day moving average of $310.41 and a two-hundred day moving average of $296.32. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.
Alphabet Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is currently 7.77%.
Insider Transactions at Alphabet
In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was 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. This trade represents a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,092,234 shares of company stock worth $112,487,971 over the last three months. Insiders own 12.99% of the company’s stock.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Wall Street bullishness — analysts have raised or reiterated high price targets (Wells Fargo lift tied to Google Cloud monetization; Needham reaffirmed a $400 target), supporting upside expectations for GOOG. Wells Fargo Raises PT on Alphabet Needham Reiterates Buy
- Positive Sentiment: Institutional and notable investor interest — long‑running D. E. Shaw position and reported bets from prominent investors (e.g., Paul Tudor Jones, Stanley Druckenmiller) are read as confidence in Alphabet’s AI/cloud growth story. D. E. Shaw Is Bullish
- Positive Sentiment: AI product & efficiency catalysts — launches and upgrades (Veo 3.1 Lite, Lyria 3 Pro) plus claims of large memory‑efficiency gains (TurboQuant) improve competitive positioning and lower AI operating costs, which supports Google Cloud margins and investor sentiment. Veo 3.1 Lite Lyria 3 Pro AI efficiency / market reaction
- Positive Sentiment: Macro / flow support — broad risk‑on session and gains in tech heavy ETFs (QQQ, SPY contributors) are lifting mega‑caps like GOOG as index momentum and passive flows benefit large holdings. ETF/Index flow contribution
- Neutral Sentiment: Longer‑term cloud/ad market tailwinds — coverage pieces highlight Google Cloud’s rapid revenue/backlog growth and a secular rise in digital ad spend, which are supportive fundamentals but are already priced in to some extent. Digital ad spend theme Cloud & AI infra context
- Neutral Sentiment: New hardware/service experiments (e.g., screenless Fitbit band with subscription model) point to product diversification but are early stage for revenue impact. Fitbit band report
- Negative Sentiment: Regulatory and content risks — groups of child‑development experts and some governments are pressing Google/YouTube over AI‑generated content for kids; Indonesia has summoned Google over child social media curbs — these raise reputational and compliance risk for YouTube monetization. Experts urge YouTube action Indonesia summons Google
- Negative Sentiment: Legal worries & insider selling — ongoing legal headlines and repeated insider sales (documented filings) create short‑term volatility and investor caution. Legal woes piece Insider sale
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on GOOG shares. DZ Bank raised shares of Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Raymond James Financial raised shares of Alphabet from an “outperform” rating to a “strong-buy” rating and raised their target price for the company from $315.00 to $400.00 in a research note on Thursday, January 22nd. KeyCorp set a $370.00 target price on shares of Alphabet in a report on Thursday, February 5th. Wells Fargo & Company raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Finally, Cantor Fitzgerald reiterated a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet has an average rating of “Buy” and an average price target of $345.71.
Read Our Latest Analysis on Alphabet
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.
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