Sfmg LLC Sells 1,603 Shares of Alphabet Inc. $GOOG

Sfmg LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,990 shares of the information services provider’s stock after selling 1,603 shares during the period. Alphabet makes up 1.5% of Sfmg LLC’s holdings, making the stock its 14th biggest position. Sfmg LLC’s holdings in Alphabet were worth $22,904,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GOOG. DT Investment Partners LLC increased its position in shares of Alphabet by 13.5% in the fourth quarter. DT Investment Partners LLC now owns 16,527 shares of the information services provider’s stock worth $5,186,000 after purchasing an additional 1,968 shares during the period. Keyvantage Wealth LLC increased its position in shares of Alphabet by 16.1% in the fourth quarter. Keyvantage Wealth LLC now owns 2,467 shares of the information services provider’s stock worth $774,000 after purchasing an additional 342 shares during the period. Impact Partnership Wealth LLC increased its position in shares of Alphabet by 19.9% in the fourth quarter. Impact Partnership Wealth LLC now owns 3,404 shares of the information services provider’s stock worth $1,068,000 after purchasing an additional 564 shares during the period. Norges Bank bought a new position in shares of Alphabet in the fourth quarter worth $18,093,665,000. Finally, Madison Wealth Partners Inc increased its position in shares of Alphabet by 20.6% in the fourth quarter. Madison Wealth Partners Inc now owns 4,442 shares of the information services provider’s stock worth $1,394,000 after purchasing an additional 760 shares during the period. Institutional investors own 27.26% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet continues to benefit from strong AI demand, including reports that Google may place a large chip order with Intel and that its Gemini AI efforts could generate meaningful recurring revenue. Analysts also reiterated bullish views, citing ongoing demand for AI infrastructure and capex. Intel shares soar on reported in-house chip deal with Alphabet
• Positive Sentiment: Alphabet’s Waymo unit remains a competitive strength, with news that Waymo bought a large Arizona proving ground and broader coverage highlighting Waymo’s role in the growing robotaxi race. Waymo bought Apple’s self-driving car proving ground for $220M
• Neutral Sentiment: Alphabet also drew attention after Apple’s WWDC keynote referenced Google help for AI features, reinforcing Google’s role in major AI partnerships, though the direct stock impact is less clear. Apple partnering with Google and Nvidia for most advanced AI model
• Negative Sentiment: The main drag on the stock is concern that Alphabet is aggressively raising capital and ramping spending on AI infrastructure, which could pressure near-term margins and free cash flow. Market commentary also pointed to valuation worries after the company’s recent financing plans. What’s Going On With Alphabet Stock?
• Negative Sentiment: Zacks notes GOOG has been sliding even as the broader market rose, suggesting investors are rotating away from Alphabet amid ongoing uncertainty about AI spending intensity and execution. Alphabet Inc. (GOOG) Stock Drops Despite Market Gains: Important Facts to Note

Alphabet Stock Performance

Shares of GOOG stock opened at $361.17 on Tuesday. The business’s 50-day moving average price is $351.67 and its 200-day moving average price is $327.90. Alphabet Inc. has a 12 month low of $163.33 and a 12 month high of $404.47. The firm has a market capitalization of $4.38 trillion, a price-to-earnings ratio of 27.55, a PEG ratio of 1.57 and a beta of 1.23. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. During the same period last year, the firm posted $2.81 earnings per share. The business’s revenue for the quarter was up 21.8% on a year-over-year basis. Equities research analysts forecast 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 paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, June 8th. This is a positive change 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%. Alphabet’s payout ratio is 6.41%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Needham & Company LLC set a $400.00 price target on Alphabet and gave the stock a “buy” rating in a research report on Friday, March 13th. JPMorgan Chase & Co. raised their price target on Alphabet from $395.00 to $460.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. UBS Group restated a “neutral” rating and issued a $348.00 price target (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Stifel Nicolaus set a $420.00 price target on Alphabet in a research report on Wednesday, May 20th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $435.00 price target on shares of Alphabet in a research report on Tuesday, June 2nd. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $376.00.

Insider Activity

In related news, CAO Amie Thuener O’toole sold 617 shares of Alphabet stock in a transaction that occurred on 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 directly owned 10,093 shares of the company’s stock, valued at $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Kent Walker sold 8,993 shares of Alphabet 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 completion of the transaction, the insider directly owned 51,808 shares in the company, valued at approximately $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 193,016 shares of company stock valued at $17,282,549. 12.99% of the stock is currently owned by company 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.