Financial Strategies Group Inc. Lowers Stock Position in Alphabet Inc. $GOOG

Financial Strategies Group Inc. lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 12.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,964 shares of the information services provider’s stock after selling 5,936 shares during the quarter. Alphabet accounts for about 2.4% of Financial Strategies Group Inc.’s holdings, making the stock its 11th biggest holding. Financial Strategies Group Inc.’s holdings in Alphabet were worth $13,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. WIM INVESTMENT MANAGEMENT Ltd purchased a new position in Alphabet during the fourth quarter worth about $7,130,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in Alphabet by 57.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 13,912 shares of the information services provider’s stock worth $4,798,000 after buying an additional 5,052 shares during the period. Western Wealth Management LLC boosted its stake in Alphabet by 5.0% during the fourth quarter. Western Wealth Management LLC now owns 40,362 shares of the information services provider’s stock worth $12,666,000 after buying an additional 1,911 shares during the period. Landmark Wealth Management LLC purchased a new position in Alphabet during the fourth quarter worth about $257,000. Finally, Sage Financial Management Group Inc. boosted its stake in Alphabet by 39.7% during the fourth quarter. Sage Financial Management Group Inc. now owns 1,341 shares of the information services provider’s stock worth $421,000 after buying an additional 381 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 transaction of $2,481,078.77. Following the completion of the transaction, the insider owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This represents a 14.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 226,481 shares of company stock valued at $27,422,061 over the last ninety days. 12.99% of the stock is currently owned by corporate insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Recent commentary says Alphabet was one of the biggest winners among the Mag 7 this earnings season, helped by accelerating Google Cloud sales and broader AI-driven strength. Alphabet and NVIDIA: The Biggest Mag 7 Winners This Earnings Season
• Positive Sentiment: Analysts highlighted Alphabet’s new AI ad formats and shopping tools as potential catalysts for stronger search monetization, higher conversion rates, and increased ad spending. Alphabet’s new AI ad formats seen boosting conversions and spending
• Positive Sentiment: Alphabet also announced a large $15 billion data center and AI infrastructure investment in Missouri, reinforcing investor confidence in its cloud and AI buildout. Google Deepens Missouri Roots with New Data Center, Energy, and Community Investments
• Neutral Sentiment: Google unveiled new AI search and agent features at I/O, which could improve engagement over time, but the rollout also raised concerns about complexity and possible disruption to the traditional search experience. You can no longer Google the word ‘disregard’
• Neutral Sentiment: Waymo temporarily paused some robotaxi and freeway services after safety issues in flooded roads and construction zones; while this is not core to Alphabet’s profits, it adds execution risk and negative headlines. Waymo suspends freeway rides, pauses Atlanta operations amid safety fixes
• Negative Sentiment: Alphabet has appealed the U.S. search-monopoly ruling, keeping antitrust overhang and potential remedies in focus for investors. Google appeals US court ruling on search monopoly

Alphabet Trading Down 1.1%

Shares of GOOG stock opened at $379.38 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The stock has a market capitalization of $4.60 trillion, a P/E ratio of 28.94, a price-to-earnings-growth ratio of 1.62 and a beta of 1.25. The company has a 50 day moving average price of $335.54 and a 200 day moving average price of $320.81. Alphabet Inc. has a fifty-two week low of $163.33 and a fifty-two week high of $404.47.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.81 earnings per share. Equities research analysts predict that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $420.00 price objective on shares of Alphabet in a report on Wednesday. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a report on Thursday. UBS Group restated a “neutral” rating and issued a $348.00 price objective (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Finally, Wedbush restated an “outperform” rating and issued a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average target price of $372.65.

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.