Calamos Wealth Management LLC Purchases 2,386 Shares of Alphabet Inc. $GOOG

Calamos Wealth Management LLC boosted its position in Alphabet Inc. (NASDAQ:GOOG) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,628 shares of the information services provider’s stock after purchasing an additional 2,386 shares during the period. Alphabet makes up approximately 0.9% of Calamos Wealth Management LLC’s investment portfolio, making the stock its 24th biggest holding. Calamos Wealth Management LLC’s holdings in Alphabet were worth $24,987,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in GOOG. Imprint Wealth LLC bought a new stake in Alphabet in the third quarter worth about $31,000. Manning & Napier Advisors LLC bought a new stake in Alphabet in the third quarter worth about $32,000. Nvest Wealth Strategies Inc. bought a new stake in Alphabet in the fourth quarter worth about $38,000. Towne Trust Company N.A lifted its stake 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 purchasing an additional 34 shares during the last quarter. Finally, Lynch Asset Management Inc. bought a new stake in Alphabet in the third quarter worth about $61,000. Institutional investors own 27.26% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on GOOG shares. Raymond James Financial reissued a “strong-buy” rating and issued a $425.00 price objective on shares of Alphabet in a research note on Thursday, April 30th. Phillip Securities lowered shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 15th. UBS Group reaffirmed a “neutral” rating and set a $348.00 target price (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Finally, Scotiabank reaffirmed an “outperform” rating and set a $450.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $362.73.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Reported huge Anthropic commitment to Google Cloud — The Information/Reuters reported Anthropic has agreed to spend roughly $200 billion with Google Cloud over multiple years, a deal that would materially boost cloud bookings and long‑term revenue visibility. Anthropic commits $200B to Google Cloud (Reuters)
• Positive Sentiment: Analysts turning more bullish and lifting price targets — Multiple firms have raised targets (including a street‑high $515 note), citing AI upside, custom models and accelerating cloud monetization, supporting higher valuation multiples. Analyst $515 target (TipRanks)
• Positive Sentiment: Record highs and strong Q1 fundamentals — Investors are pricing in Q1 beats (EPS and revenue), 60%+ cloud growth and a ballooning cloud backlog that underpins multi‑year revenue conversion. That momentum is driving buying interest. Alphabet hits record highs (Yahoo)
• Positive Sentiment: Product / infrastructure moves could expand addressable market — Google moving to sell TPUs directly and scale AI compute options could accelerate revenue capture and challenge competitors in AI infrastructure. Google to sell TPUs directly (247WallSt)
• Neutral Sentiment: U.S. government access and stress‑testing of AI models — The administration expanded programs to let government scientists and agencies review unreleased models (including DeepMind) to assess risks; this is a mix of oversight and validation. US stress tests of AI models (Reuters)
• Neutral Sentiment: Capital markets: large euro bond sale with strong demand — Alphabet tapped the euro market with a multi‑tranche offering to fund AI infrastructure; strong order books reduce financing risk but also highlight heavy near‑term CapEx plans. Euro bond offering (Reuters)
• Negative Sentiment: Employee unrest and DoD/defense work — DeepMind staff have pushed for union recognition and protested military contracts; classified DoD engagements raise reputational and retention risks that could affect operations. DeepMind union vote over military deals (Business Insider)
• Negative Sentiment: Regulatory/privacy push in EU — A top Google scientist warned that EU proposals to share search data with rivals could expose user data, signaling potential regulatory headwinds and business model risk if rules tighten. EU data sharing concerns (Reuters)

Alphabet Stock Performance

Shares of NASDAQ:GOOG opened at $384.34 on Wednesday. The firm has a market cap of $4.65 trillion, a PE ratio of 29.32, a price-to-earnings-growth ratio of 1.62 and a beta of 1.25. The firm’s 50 day simple moving average is $313.83 and its 200-day simple moving average is $309.58. Alphabet Inc. has a one year low of $149.49 and a one year high of $388.96. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period last year, the company posted $2.81 earnings per share. As a group, equities analysts predict that Alphabet Inc. will post 13.72 EPS for the current year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be issued 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 is 6.41%.

Insider Buying and Selling at Alphabet

In related news, CAO Amie Thuener O’toole sold 955 shares of Alphabet stock in a transaction that occurred 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 trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total transaction of $348,232.50. Following the transaction, the director directly owned 3,581 shares in the company, valued at approximately $1,187,638.65. The trade was a 22.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 158,553 shares of company stock valued at $47,951,856. 12.99% of the stock is owned by corporate insiders.

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.