Alphabet Inc. $GOOGL Shares Sold by White Pine Investment CO

White Pine Investment CO lessened its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 5.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,180 shares of the information services provider’s stock after selling 5,019 shares during the period. Alphabet makes up approximately 6.2% of White Pine Investment CO’s portfolio, making the stock its 2nd largest position. White Pine Investment CO’s holdings in Alphabet were worth $26,348,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Symmetry Partners LLC boosted its position in Alphabet by 0.4% in the 4th quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock valued at $2,476,000 after buying an additional 30 shares during the period. Members Trust Co boosted its position in Alphabet by 0.5% in the 4th quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock valued at $2,014,000 after buying an additional 31 shares during the period. Altfest L J & Co. Inc. boosted its position in Alphabet by 0.4% in the 4th quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock valued at $2,489,000 after buying an additional 31 shares during the period. Lifelong Wealth Advisors Inc. boosted its position in Alphabet by 1.9% in the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider’s stock valued at $541,000 after buying an additional 33 shares during the period. Finally, White Wing Wealth Management boosted its position in Alphabet by 2.9% in the 4th quarter. White Wing Wealth Management now owns 1,155 shares of the information services provider’s stock valued at $362,000 after buying an additional 33 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the completion of the sale, the chief executive officer directly owned 1,642,060 shares of the company’s stock, valued at $505,573,853.40. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frances Arnold sold 102 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00. Following the completion of the sale, the director directly owned 18,621 shares of the company’s stock, valued at approximately $6,908,391. This trade represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 158,553 shares of company stock valued at $47,951,856 over the last quarter. 11.61% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on GOOGL. Pivotal Research raised their price target on shares of Alphabet from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. DZ Bank reissued a “buy” rating on shares of Alphabet in a research report on Monday, February 16th. DA Davidson raised their price target on shares of Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Susquehanna reissued a “positive” rating and issued a $460.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Finally, Guggenheim reaffirmed a “buy” rating and set a $450.00 price objective (up from $375.00) on shares of Alphabet in a research report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $407.86.

Alphabet Price Performance

Alphabet stock opened at $387.35 on Wednesday. The stock has a market cap of $4.69 trillion, a P/E ratio of 29.55, a price-to-earnings-growth ratio of 1.59 and a beta of 1.26. The company has a fifty day simple moving average of $323.56 and a 200-day simple moving average of $314.66. Alphabet Inc. has a 12-month low of $156.16 and a 12-month high of $402.00. 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:GOOGL) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.98 billion. Equities analysts expect that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. Alphabet’s dividend payout ratio is presently 6.41%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is deepening Gemini’s role across Android, Search, Chrome, and the Gemini app, with new agentic AI features that can complete multi-step tasks, which could strengthen user engagement and long-term monetization. Google races to put Gemini at the center of Android before Apple’s AI reboot
• Positive Sentiment: Alphabet unveiled more AI-native products and updates, including Googlebooks laptops and new Gemini-powered Android features, underscoring that the company is pushing AI deeper into its ecosystem. Everything Google announced at its Android Show, from Googlebooks to vibe-coded widgets
• Positive Sentiment: Alphabet announced an integration of Affirm and Klarna pay-over-time options into Google Pay, Search, and Gemini, which could improve conversion rates and make Google’s commerce ecosystem more valuable. Affirm Brings Pay-Over-Time Options to Google AI Platforms
• Positive Sentiment: Google-backed Isomorphic Labs raised $2.1 billion, highlighting Alphabet’s exposure to high-upside AI applications beyond search and advertising. Google-backed Isomorphic raises $2.1 billion to scale AI-driven drug discovery
• Neutral Sentiment: Alphabet is reportedly considering a first-ever yen bond sale to help fund rising AI infrastructure spending, which supports growth plans but also signals higher capital needs. Alphabet considers first yen bond sale to fund AI goals
• Negative Sentiment: Waymo is recalling nearly 3,800 robotaxis over a software issue involving flooded roads, a reminder that Alphabet’s autonomous driving unit still faces operational and regulatory risk. Waymo to recall nearly 3,800 robotaxis over self-driving software issue

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.