13,436 Shares in Alphabet Inc. $GOOG Acquired by Bluedoor Private Wealth LLC

Bluedoor Private Wealth LLC purchased a new stake in shares of Alphabet Inc. (NASDAQ:GOOG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,436 shares of the information services provider’s stock, valued at approximately $4,216,000. Alphabet accounts for 1.9% of Bluedoor Private Wealth LLC’s portfolio, making the stock its 16th biggest holding.

Other large investors have also made changes to their positions in the company. Ring Mountain Capital LLC grew 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 worth $1,174,000 after acquiring an additional 30 shares in the last quarter. Cannon Financial Strategists Inc. grew 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 worth $499,000 after acquiring an additional 30 shares in the last quarter. HRC Wealth Management LLC grew 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 worth $1,014,000 after acquiring an additional 31 shares in the last quarter. Certior Financial Group LLC grew 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 worth $288,000 after acquiring an additional 31 shares in the last quarter. Finally, Synergy Investment Management LLC grew its position in Alphabet by 0.8% in the fourth quarter. Synergy Investment Management LLC now owns 4,124 shares of the information services provider’s stock worth $1,294,000 after acquiring an additional 31 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on GOOG. JPMorgan Chase & Co. boosted their target price on shares of Alphabet from $395.00 to $460.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 target price on shares of Alphabet in a research report on Thursday, May 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. Raymond James Financial reissued a “strong-buy” rating and issued a $425.00 target price on shares of Alphabet in a research report on Thursday, April 30th. Finally, Phillip Securities downgraded shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 15th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $376.78.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: HSBC announced a multi-year partnership with Alphabet’s Google Cloud to expand its AI capabilities, a fresh validation of Google Cloud’s enterprise momentum and a potentially meaningful revenue tailwind. HSBC partners with Google Cloud to expand AI usage
• Positive Sentiment: Alphabet rolled out Android 17 and expanded Gemini features across Pixel devices and Wear OS, highlighting continued product innovation and deeper integration of AI into its consumer ecosystem. Android 17 launches with new multitasking tools as Google expands Gemini features
• Positive Sentiment: Alphabet confirmed a $1.5 billion Alabama data center expansion, including community investment and infrastructure spending, signaling continued AI and cloud capacity buildout to support future demand. Google’s Samsung Talks Highlight TSMC Capacity Crunch
• Positive Sentiment: Google broadened Fitbit Air’s appeal by making it HSA and FSA eligible, which could improve adoption in digital health and wearables. Google Broadens Fitbit Air Appeal With HSA, FSA Eligibility
• Neutral Sentiment: Google also received positive media commentary around its AI strategy and enterprise adoption, but these were largely opinion pieces rather than new fundamental developments. Why GOOGL Stock May Have More Room to Run Even After a 100% Rally
• Neutral Sentiment: Alphabet’s AI and quantum research efforts continued to draw attention, but the impact on near-term earnings is unclear. Google’s 20x Quantum Leap Threatens Ethereum’s Code as ETH Price Drops
• Negative Sentiment: Some coverage warned that the AI boom may be getting too speculative, with Howard Marks cautioning that investors may be overestimating what they own in AI stocks. Howard Marks: Investing in AI Stocks Is ‘Closer to Speculating’ Than Analysis

Insider Buying and Selling

In other news, CAO Amie Thuener O’toole sold 617 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the sale, the chief accounting officer directly owned 10,093 shares of the company’s stock, valued at approximately $2,923,235.59. This trade represents a 5.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The SEC filing for this sale provides additional information. Insiders sold a total of 159,466 shares of company stock valued at $6,957,543 in the last quarter. Insiders own 12.99% of the company’s stock.

Alphabet Price Performance

NASDAQ GOOG opened at $371.10 on Wednesday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The company has a fifty day simple moving average of $360.69 and a 200 day simple moving average of $330.18. The company has a market cap of $4.50 trillion, a P/E ratio of 28.31, a P/E/G ratio of 1.57 and a beta of 1.23. Alphabet Inc. has a 1 year low of $163.33 and a 1 year high of $404.47.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $2.43. The company had revenue of $109.90 billion for 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 was up 21.8% compared to the same quarter last year. During the same period last year, the business posted $2.81 earnings per share. On average, sell-side analysts predict that Alphabet Inc. will post 14.3 EPS for the current year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were given 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 dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Alphabet 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.