Single Point Partners LLC Sells 84,143 Shares of Alphabet Inc. $GOOG

Single Point Partners LLC lowered its holdings in Alphabet Inc. (NASDAQ:GOOG) by 34.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 162,550 shares of the information services provider’s stock after selling 84,143 shares during the period. Alphabet makes up 9.2% of Single Point Partners LLC’s holdings, making the stock its 2nd biggest holding. Single Point Partners LLC’s holdings in Alphabet were worth $51,008,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in GOOG. Imprint Wealth LLC acquired a new position in shares of Alphabet in the third quarter worth $31,000. Manning & Napier Advisors LLC acquired a new stake in shares of Alphabet in the third quarter valued at $32,000. Tripletail Wealth Management LLC purchased a new position in Alphabet in the third quarter valued at $40,000. Creative Capital Management Investments LLC boosted its holdings in Alphabet by 1,438.5% in the fourth quarter. Creative Capital Management Investments LLC now owns 200 shares of the information services provider’s stock valued at $63,000 after purchasing an additional 187 shares during the period. Finally, Lynch Asset Management Inc. acquired a new position in Alphabet during the 3rd quarter worth $61,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on GOOG shares. TD Cowen restated a “buy” rating and set a $375.00 price target (up from $365.00) on shares of Alphabet in a report on Thursday, April 16th. Wedbush reiterated an “outperform” rating and issued a $370.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Canaccord Genuity Group boosted their price objective on Alphabet from $330.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Scotiabank restated an “outperform” rating and set a $400.00 target price (up from $375.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, Truist Financial set a $385.00 target price on shares of Alphabet in a report on Wednesday. Eight equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $347.16.

Insider Activity

In related news, Director Frances Arnold sold 112 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares of the company’s stock, valued at $5,580,469.82. The trade was a 0.60% 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, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the completion of the transaction, the chief executive officer owned 1,642,060 shares of the company’s stock, valued at $505,573,853.40. This represents a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,037,294 shares of company stock worth $94,216,897 over the last three months. Company insiders own 12.99% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled 8th‑gen TPUs (separate training and inference chips) designed to cut AI costs and compete with Nvidia — a clear catalyst for higher cloud margins and faster AI deployments. Google Cloud launches two new AI chips to compete with Nvidia
• Positive Sentiment: Street bullishness: BMO raised its price target and called Alphabet “the best way to own AI,” while Bank of America reiterated a Buy and expects a modest Q1 beat — analyst support lifts sentiment into earnings. BMO raises Alphabet’s target Bank of America reiterates Buy ahead of Q1
• Positive Sentiment: Multi‑billion enterprise deals and partnerships (Thinking Machines Lab, Merck, Capgemini, Ulta) signal meaningful Google Cloud/Gemini revenue paths and long‑term adoption of agentic AI in enterprise accounts. Thinking Machines multi‑billion deal Merck partners with Google Cloud
• Positive Sentiment: Product and platform pushes (Gemini agent platform, Workspace AI, Chrome AI integrations) make monetization of agentic AI more credible across ads, cloud and enterprise SaaS. Google updates Workspace
• Neutral Sentiment: Long‑term institutional backing — Buffett’s Berkshire added Alphabet in 2025 and that holding has appreciated — reinforces conviction but has limited immediate price impact versus near‑term earnings/AI execution. Warren Buffett’s investment in Alphabet
• Negative Sentiment: EU regulators are preparing to press Google to open Android to rival AI assistants, creating potential distribution and competitive risks for Gemini/Android integration in Europe. EU pressure to give AI rivals Android access
• Negative Sentiment: Insider selling and some fund stake trims have been reported recently, which can weigh on near‑term price psychology even as management and institutions continue to hold large positions. Alphabet trading down after insider selling Fund trims Alphabet stake

Alphabet Stock Performance

Shares of GOOG opened at $337.75 on Friday. The stock has a 50 day moving average price of $307.53 and a 200 day moving average price of $303.99. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $4.09 trillion, a price-to-earnings ratio of 31.24, a price-to-earnings-growth ratio of 2.08 and a beta of 1.13. Alphabet Inc. has a 52-week low of $149.49 and a 52-week high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm’s revenue was up 18.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.15 earnings per share. Research analysts predict that Alphabet Inc. will post 11.57 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is 7.77%.

About Alphabet

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.