ABC Arbitrage SA Reduces Stock Position in Alphabet Inc. $GOOG

ABC Arbitrage SA reduced its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 86.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,660 shares of the information services provider’s stock after selling 10,634 shares during the period. ABC Arbitrage SA’s holdings in Alphabet were worth $521,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Nvest Wealth Strategies Inc. bought a new position in Alphabet in the fourth quarter worth about $38,000. Imprint Wealth LLC bought a new position in Alphabet in the third quarter worth about $31,000. Manning & Napier Advisors LLC bought a new position in Alphabet in the third quarter worth about $32,000. Towne Trust Company N.A raised 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 buying an additional 34 shares in the last quarter. Finally, Creative Capital Management Investments LLC raised its stake 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 in the last quarter. 27.26% of the stock is owned by institutional investors.

Alphabet Stock Performance

NASDAQ:GOOG opened at $384.90 on Thursday. The company’s 50 day moving average price is $332.59 and its 200-day moving average price is $319.68. Alphabet Inc. has a 52 week low of $163.33 and a 52 week high of $404.47. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a market cap of $4.66 trillion, a price-to-earnings ratio of 29.36, a PEG ratio of 1.65 and a beta of 1.25.

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

Alphabet Increases Dividend

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

Insider Activity

In other news, Director Frances Arnold sold 102 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00. Following the sale, the director owned 18,621 shares in the company, valued at $6,908,391. This represents a 0.54% 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, insider John Kent Walker sold 8,993 shares of the stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the sale, the insider owned 51,808 shares in the company, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 226,481 shares of company stock valued at $27,422,061. Company insiders own 12.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on GOOG. Wedbush reissued an “outperform” rating and issued a $370.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Sanford C. Bernstein reissued a “market perform” rating and issued a $345.00 price target on shares of Alphabet in a research note on Thursday, February 5th. KeyCorp reissued an “overweight” rating on shares of Alphabet in a research note on Wednesday. Stifel Nicolaus set a $420.00 target price on shares of Alphabet in a research note on Wednesday. Finally, Pivotal Research reaffirmed a “buy” rating and set a $470.00 target price (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $365.23.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google I/O 2026 showcased major AI products and upgrades, including Gemini 3.5 Flash, Gemini Spark, AI-powered Search changes, and new monetization features, reinforcing confidence that Alphabet can monetize AI across its core businesses.
• Positive Sentiment: Alphabet and Blackstone announced a $5 billion AI cloud venture built around Google’s TPU chips, which could expand Google Cloud and strengthen Alphabet’s position in AI infrastructure. Google, Blackstone to create new AI cloud company, WSJ reports
• Positive Sentiment: Wall Street commentary after I/O has been bullish, with multiple firms reiterating Buy/Outperform ratings and higher price targets, suggesting the market sees more upside from Alphabet’s AI strategy.
• Positive Sentiment: Recent coverage says Alphabet’s AI adoption, cloud growth, and record operating margins support the view that the company is not just spending on AI, but improving profitability as well.
• Neutral Sentiment: Some reports note mixed signals from large investors and traders, including portfolio trimming by a few funds and valuation concerns after the stock’s strong run.
• Negative Sentiment: Alphabet also faced headlines about a director sale and a major shareholder reducing its stake, which may create modest short-term pressure as investors lock in gains. TikTok, YouTube lag on UK child safety as rivals act, regulator says

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.