Dougherty & Associates LLC Acquires Shares of 5,004 Alphabet Inc. $GOOG

Posted by ABMN Staff on May 27th, 2026

Dougherty & Associates LLC acquired a new stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 5,004 shares of the information services provider’s stock, valued at approximately $1,571,000. Alphabet accounts for 1.4% of Dougherty & Associates LLC’s portfolio, making the stock its 21st biggest position.

Several other hedge funds also recently added to or reduced their stakes in the stock. Ring Mountain Capital LLC raised its position in Alphabet by 0.9% in the fourth quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock valued at $1,174,000 after purchasing an additional 30 shares during the period. Cannon Financial Strategists Inc. raised its position in Alphabet by 1.9% in the fourth quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock valued at $499,000 after purchasing an additional 30 shares during the period. HRC Wealth Management LLC raised its position in Alphabet by 1.0% in the fourth quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider’s stock valued at $1,014,000 after purchasing an additional 31 shares during the period. Certior Financial Group LLC raised its position in Alphabet by 3.5% in the fourth quarter. Certior Financial Group LLC now owns 919 shares of the information services provider’s stock valued at $288,000 after purchasing an additional 31 shares during the period. Finally, Avaii Wealth Management LLC raised its position in Alphabet by 2.3% in the fourth quarter. Avaii Wealth Management LLC now owns 1,437 shares of the information services provider’s stock valued at $451,000 after purchasing an additional 32 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Up 1.4%

Shares of NASDAQ GOOG opened at $384.84 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The firm has a market cap of $4.66 trillion, a price-to-earnings ratio of 29.35, a PEG ratio of 1.62 and a beta of 1.25. Alphabet Inc. has a 1 year low of $163.33 and a 1 year high of $404.47. The stock’s 50-day simple moving average is $338.73 and its 200-day simple moving average is $322.49.

Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.Alphabet’s quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.81 earnings per share. As a group, equities analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company 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 $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. Alphabet’s dividend payout ratio is presently 6.71%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GOOG. Pivotal Research reaffirmed a “buy” rating and set a $470.00 target price (up from $420.00) on shares of Alphabet in a research report on Wednesday, April 29th. JPMorgan Chase & Co. lifted their target price 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 lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. 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 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. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $372.65.

Read Our Latest Research Report on GOOG

Insider Transactions at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the sale, the director directly owned 2,531 shares of the company’s stock, valued at $995,341.06. The trade was a 29.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider John Kent Walker sold 8,993 shares of the business’s stock in a transaction dated Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the sale, the insider directly owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 226,481 shares of company stock valued at $27,422,061 over the last 90 days. Corporate insiders own 12.99% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google used its Marketing Live event to roll out AI-powered ad products tied to Gemini, including conversational ads, smarter Shopping Ads, and checkout inside AI search results — a sign that Alphabet is turning its AI push into new revenue opportunities. Google Wants Ads to Talk Back in AI Search
Positive Sentiment: Several reports highlighted Alphabet’s strong AI and cloud momentum, including Google Cloud expansion, Gemini adoption, and a bullish outlook that sees the company benefiting from continued search and advertising strength. What Google Search’s New AI Mode Means for B2B Discovery
Positive Sentiment: Market commentary and analyst chatter continued to frame Alphabet as a leading AI beneficiary, with some price targets and forecasts implying meaningful upside from current levels. Is Most-Watched Stock Alphabet Inc. (GOOG) Worth Betting on Now?
Neutral Sentiment: Investor attention remains elevated after Google I/O and the company’s AI overhaul, but some coverage warns that publishers could lose traffic as search becomes more AI-driven. Google Search AI Overhaul Leaves Publishers Bracing For ‘Google Zero’
Negative Sentiment: Alphabet faces fresh regulatory overhang after reports said the EU is preparing a record antitrust penalty over alleged search favoritism under the Digital Markets Act, which could pressure sentiment. EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports
Negative Sentiment: Some headlines also noted user pushback against Google’s AI Search changes and reports of DuckDuckGo gaining installs, suggesting potential concern about how users will react to the new search experience. DuckDuckGo installs are up 30% as users reject being ‘force-fed’ Google’s AI Search

About Alphabet

(Free Report)

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.