Alphabet Inc. $GOOG Shares Sold by Hunter Perkins Capital Management LLC

Hunter Perkins Capital Management LLC decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 21.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,600 shares of the information services provider’s stock after selling 2,600 shares during the quarter. Hunter Perkins Capital Management LLC’s holdings in Alphabet were worth $3,012,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. USA Financial Formulas purchased a new stake in shares of Alphabet in the fourth quarter valued at $1,891,000. ACT Advisors LLC. increased its position in Alphabet by 20.5% during the 4th quarter. ACT Advisors LLC. now owns 2,036 shares of the information services provider’s stock worth $639,000 after purchasing an additional 346 shares in the last quarter. Worth Asset Management LLC raised its stake in Alphabet by 7.4% in the 4th quarter. Worth Asset Management LLC now owns 2,462 shares of the information services provider’s stock valued at $773,000 after purchasing an additional 169 shares during the last quarter. Allodium Investment Consultants LLC acquired a new position in Alphabet in the 4th quarter valued at about $259,000. Finally, Weil Company Inc. lifted its holdings in Alphabet by 4.1% in the 4th quarter. Weil Company Inc. now owns 9,367 shares of the information services provider’s stock valued at $2,939,000 after purchasing an additional 373 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

More Alphabet News

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

Insider Activity at Alphabet

In other Alphabet news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the sale, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at $2,955,564. This represents a 8.78% decrease in their ownership of the stock. 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 valued at $112,487,971 over the last 90 days. 12.99% of the stock is currently owned by insiders.

Alphabet Stock Up 2.8%

Shares of NASDAQ:GOOG opened at $294.90 on Thursday. 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 firm has a market cap of $3.57 trillion, a price-to-earnings ratio of 27.28, a PEG ratio of 1.76 and a beta of 1.13. The stock’s 50-day moving average price is $310.41 and its two-hundred day moving average price is $296.32. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15.

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

Alphabet Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Wedbush reaffirmed an “outperform” rating and set a $370.00 price target on shares of Alphabet in a research note on Thursday, February 5th. DZ Bank raised shares of Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Pivotal Research reissued a “buy” rating and set a $420.00 price objective (up from $400.00) on shares of Alphabet in a research note on Thursday, February 5th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $345.71.

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.