Winch Advisory Services LLC Has $19.59 Million Holdings in Alphabet Inc. $GOOG

Winch Advisory Services LLC trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 3.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 62,413 shares of the information services provider’s stock after selling 2,079 shares during the quarter. Alphabet accounts for 4.3% of Winch Advisory Services LLC’s holdings, making the stock its 8th biggest position. Winch Advisory Services LLC’s holdings in Alphabet were worth $19,585,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. MGO One Seven LLC boosted its position in Alphabet by 4.3% during the 4th quarter. MGO One Seven LLC now owns 111,210 shares of the information services provider’s stock worth $34,898,000 after acquiring an additional 4,557 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its position in Alphabet by 3.7% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 34,933 shares of the information services provider’s stock worth $10,962,000 after acquiring an additional 1,236 shares during the last quarter. CORDA Investment Management LLC. boosted its position in Alphabet by 2.9% during the 4th quarter. CORDA Investment Management LLC. now owns 13,698 shares of the information services provider’s stock worth $4,298,000 after acquiring an additional 392 shares during the last quarter. Oak Family Advisors LLC boosted its position in Alphabet by 9.2% during the 4th quarter. Oak Family Advisors LLC now owns 16,890 shares of the information services provider’s stock worth $5,300,000 after acquiring an additional 1,426 shares during the last quarter. Finally, Black Diamond Financial LLC boosted its position in Alphabet by 8.3% during the 4th quarter. Black Diamond Financial LLC now owns 11,481 shares of the information services provider’s stock worth $3,603,000 after acquiring an additional 882 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was 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 owned 1,642,060 shares of the company’s stock, valued at approximately $505,573,853.40. This represents a 1.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the sale, the director owned 3,581 shares in the company, valued at approximately $1,187,638.65. This trade represents a 22.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 157,953 shares of company stock worth $47,767,818 in the last quarter. 12.99% of the stock is owned by company insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Bank of America and other analysts are expecting major Gemini AI announcements at Google I/O, which could reinforce Alphabet’s leadership in AI and support the stock. BofA Sends Blunt Message for Alphabet Investors Ahead of Google I/O
• Positive Sentiment: Oppenheimer raised its price target on Alphabet, and Erste Group also lifted earnings estimates, signaling stronger profit expectations ahead of Google I/O. Alphabet had its price target raised by Oppenheimer Holdings, Inc.
• Positive Sentiment: Several investors and funds, including Goldman Sachs and Egerton Capital, disclosed larger Alphabet stakes, suggesting continued institutional confidence. Fund Update: GOLDMAN SACHS GROUP INC Just Disclosed New Holdings
• Positive Sentiment: Reports that Google’s Gemini Flash model is quietly gaining AI customers and that Alphabet is expanding AI infrastructure point to improving enterprise demand for its AI products. Google has been quietly gaining AI customers, even before big releases next week
• Positive Sentiment: Alphabet completed a record 576.5 billion yen bond offering to fund AI capex, showing it still has strong access to capital for its infrastructure buildout. Alphabet completes record-breaking yen bond issuance
• Neutral Sentiment: News that Google is in talks with SpaceX to launch data centers into space is intriguing, but it is still early-stage and speculative. Google in Talks with SpaceX to Launch Data Centers into Space
• Neutral Sentiment: Isomorphic Labs raised $2.1 billion to use AI for drug discovery, which highlights Alphabet’s broader AI ecosystem, but the direct stock impact is limited for now. Isomorphic Labs Raises $2.1 Billion to End Disease With AI
• Negative Sentiment: Bill Ackman’s Pershing Square sharply cut its GOOG and GOOGL positions, adding to concern that some large investors may be taking profits after the run-up. Fund Update: Bill Ackman’s Pershing Square Capital Management, L.P. Just Disclosed New Holdings
• Negative Sentiment: Some commentary says Alphabet’s heavy AI and cloud spending is pressuring free cash flow, raising questions about near-term margins and valuation. 6.7% AA2 Bond Yield From Alphabet, But There Is a Catch

Alphabet Trading Down 1.0%

NASDAQ GOOG opened at $393.32 on Friday. The company has a market cap of $4.77 trillion, a PE ratio of 30.00, a PEG ratio of 1.68 and a beta of 1.25. 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 Inc. has a 12 month low of $163.33 and a 12 month high of $399.93. The stock has a 50 day moving average of $327.44 and a 200-day moving average of $316.98.

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

Alphabet Increases Dividend

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

Analyst Upgrades and Downgrades

GOOG has been the subject of a number of recent research reports. Wells Fargo & Company raised Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. JPMorgan Chase & Co. upped their price target on Alphabet from $395.00 to $460.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Freedom Capital downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Scotiabank reaffirmed an “outperform” rating and set a $450.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Finally, Truist Financial set a $385.00 price objective on Alphabet in a report on Wednesday, April 22nd. Six investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Alphabet currently has an average rating of “Buy” and a consensus price target of $363.40.

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.