Alphabet Inc. $GOOG Position Cut by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,720 shares of the information services provider’s stock after selling 3,408 shares during the period. Alphabet accounts for about 2.8% of Frank Rimerman Advisors LLC’s portfolio, making the stock its 8th biggest position. Frank Rimerman Advisors LLC’s holdings in Alphabet were worth $43,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Nilsine Partners LLC boosted its holdings in shares of Alphabet by 4.6% in the 4th quarter. Nilsine Partners LLC now owns 25,439 shares of the information services provider’s stock worth $7,983,000 after purchasing an additional 1,108 shares during the period. Gunderson Capital Management Inc. bought a new position in shares of Alphabet during the 4th quarter valued at approximately $874,000. Dominguez Wealth Management Solutions Inc. purchased a new stake in Alphabet during the 4th quarter valued at $256,000. Great Waters Wealth Management bought a new stake in Alphabet in the fourth quarter worth $256,000. Finally, Three Seasons Wealth LLC lifted its position in Alphabet by 0.9% in the fourth quarter. Three Seasons Wealth LLC now owns 12,946 shares of the information services provider’s stock worth $4,062,000 after buying an additional 115 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on GOOG shares. Piper Sandler reaffirmed an “overweight” rating and set a $395.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Sanford C. Bernstein restated a “market perform” rating and issued a $345.00 target price on shares of Alphabet in a report on Thursday, February 5th. Needham & Company LLC set a $400.00 price target on shares of Alphabet and gave the stock a “buy” rating in a research note on Friday, March 13th. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Finally, TD Cowen reissued 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. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $345.71.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Gemma 4, an open‑source AI model family that strengthens Google’s developer ecosystem and supports future cloud/AI revenue opportunities. Read More.
• Positive Sentiment: Google updated Gemini API pricing with “Flex” and “Priority” tiers to balance speed, cost and reliability — that could broaden usage, enable more price‑sensitive workloads, and boost API adoption/revenue. Read More.
• Positive Sentiment: Technical advances like TurboQuant (memory/compression for large models) can lower infrastructure costs for AI workloads and improve margins over time — a structural benefit to Google’s cloud/AI economics. Read More.
• Neutral Sentiment: Wells Fargo and other analysts remain constructive (Overweight/Buy) but have trimmed price targets — signaling confidence in the long run while dialing back near‑term expectations. Read More.
• Neutral Sentiment: Market/ETF flows continue to amplify Alphabet’s moves (SPY/QQQ dynamics): macro risk‑on/off days can create outsized short‑term volatility for big caps. Read More.
• Neutral Sentiment: Big Tech H‑1B filings have fallen, reflecting broader hiring freezes/reshuffling across the sector — not an Alphabet‑specific revenue issue but a labor/strategy signal. Read More.
• Negative Sentiment: Turkey’s competition authority opened an investigation into Google’s advertising and billing practices — regulatory probes risk fines, remedial costs and local ad‑revenue disruption. Read More.
• Negative Sentiment: Alphabet’s principal accounting officer, Amie Thuener O’Toole, is leaving (joining Broadcom as CFO) — departure of a senior finance leader creates some short‑term transition risk for controls and reporting. Read More.
• Negative Sentiment: Semianalysis warned heavy AI capex could push Google’s free cash flow toward zero next year — investors sensitive to FCF may penalize valuation if spending outpaces monetization. Read More.
• Negative Sentiment: Recent insider selling by senior executives (e.g., John Kent Walker) adds to near‑term negative sentiment, especially amid market sensitivity to insider activity. Read More.
• Negative Sentiment: Broader legal pressure on platforms (recent cases challenging Section 230 protections) raises regulatory and litigation risk for YouTube/Google content/ad products. Read More.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $294.46 on Monday. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. The stock has a market cap of $3.56 trillion, a P/E ratio of 27.24, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13. The business’s 50 day moving average is $309.00 and its 200 day moving average is $297.25. 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 (NASDAQ:GOOG) last released 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. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same period last year, the business posted $2.15 EPS. Alphabet’s quarterly revenue was up 18.0% on a year-over-year basis. Sell-side analysts predict that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

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

Insider Transactions at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,993 shares of the firm’s stock in a transaction dated Friday, March 27th. The shares were sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Frances Arnold sold 112 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,101,844 shares of company stock valued at $115,147,751 over the last three months. 12.99% of the stock is currently owned by corporate 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.