Davies Financial Advisors Inc. Sells 7,048 Shares of Alphabet Inc. $GOOG

Davies Financial Advisors Inc. reduced its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 60.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,590 shares of the information services provider’s stock after selling 7,048 shares during the quarter. Alphabet accounts for approximately 2.7% of Davies Financial Advisors Inc.’s investment portfolio, making the stock its 10th largest position. Davies Financial Advisors Inc.’s holdings in Alphabet were worth $1,440,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of GOOG. Imprint Wealth LLC acquired a new position in Alphabet in the third quarter worth approximately $31,000. Manning & Napier Advisors LLC acquired a new position in Alphabet in the third quarter worth approximately $32,000. Towne Trust Company N.A grew its position in Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after buying an additional 34 shares during the last quarter. Tripletail Wealth Management LLC acquired a new position in Alphabet in the third quarter worth approximately $40,000. Finally, Creative Capital Management Investments LLC grew its position 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 worth $63,000 after buying an additional 187 shares during the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GOOG has been the topic of several recent research reports. Piper Sandler restated an “overweight” rating and issued a $395.00 price target on shares of Alphabet in a research report on Thursday, February 5th. DZ Bank upgraded Alphabet to a “strong-buy” rating in a report on Monday, February 16th. TD Cowen boosted their price objective on Alphabet from $375.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $370.00 price objective on shares of Alphabet in a report on Tuesday, January 20th. Finally, Raymond James Financial restated a “strong-buy” rating and set a $425.00 price objective on shares of Alphabet in a report on Thursday. Seven analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $362.73.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings materially beat expectations — EPS $5.11 vs. ~$2.63 consensus and revenue of $109.9B, which reset near-term growth expectations and drove the initial rally. Alphabet Q1 earnings
• Positive Sentiment: Google Cloud surged ~63% to ~$20B and management cited a massive cloud backlog (~$460B), giving multi-year revenue visibility and validating AI monetization. Reuters: Cloud beats
• Positive Sentiment: Wall Street is raising targets and upgrading ratings after the quarter (JPMorgan, TD Cowen, Scotiabank and others), providing fresh buy-side momentum and higher upside expectations. 247WallSt: Price target lifts
• Positive Sentiment: Product execution signals: Gemini AI is being rolled out to millions of vehicles and Waymo continues geographic expansion — both expand addressable markets for AI services and ads/subscriptions. TechCrunch: Gemini in cars Business Insider: Waymo growth
• Positive Sentiment: Capital returns: company raised the quarterly dividend (small yield) and continues large buybacks, supporting shareholder returns alongside growth.
• Neutral Sentiment: CapEx and cash-flow tradeoff — management raised 2026 capex guidance (to as much as ~$180–190B) to scale AI infrastructure; this supports long-term growth but will pressure free cash flow near term. CNBC: capex update
• Negative Sentiment: Regulatory risk is rising — Italy has asked the EU to probe Google’s AI search tools and Switzerland opened a probe into alleged keyword bidding pacts; Brazil advanced an antitrust review — any adverse rulings could affect ad/product rules and monetization. Reuters: Italy probe Reuters: Switzerland probe

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of the 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 transaction, 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. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the transaction, the chief executive officer directly owned 2,179,372 shares in the company, valued at $730,481,906.96. The trade was a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 191,884 shares of company stock valued at $59,121,365. Corporate insiders own 12.99% of the company’s stock.

Alphabet Trading Up 10.0%

NASDAQ:GOOG opened at $381.94 on Friday. The stock’s 50 day moving average price is $312.44 and its 200 day moving average price is $307.77. Alphabet Inc. has a 52 week low of $149.49 and a 52 week high of $382.63. The company has a market capitalization of $4.62 trillion, a P/E ratio of 29.13, a P/E/G ratio of 2.15 and a beta of 1.13. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.64 by $2.47. The firm had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 41.25%. The business’s quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 earnings per share. On average, research analysts forecast that Alphabet Inc. will post 11.54 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be given 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 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

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.