Berger Financial Group Inc Sells 11,300 Shares of Alphabet Inc. $GOOGL

Berger Financial Group Inc reduced its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 17.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 52,663 shares of the information services provider’s stock after selling 11,300 shares during the quarter. Alphabet makes up about 0.8% of Berger Financial Group Inc’s portfolio, making the stock its 23rd largest holding. Berger Financial Group Inc’s holdings in Alphabet were worth $15,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in shares of Alphabet during the fourth quarter worth about $30,534,239,000. Cardano Risk Management B.V. boosted its holdings in Alphabet by 855.3% in the fourth quarter. Cardano Risk Management B.V. now owns 14,525,280 shares of the information services provider’s stock valued at $4,546,413,000 after acquiring an additional 13,004,828 shares during the last quarter. Vanguard Group Inc. increased its position in Alphabet by 2.4% during the 4th quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock valued at $165,567,398,000 after purchasing an additional 12,531,695 shares during the period. Capital World Investors increased its position in Alphabet by 28.0% during the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock valued at $12,910,542,000 after purchasing an additional 11,605,785 shares during the period. Finally, Diamant Asset Management Inc. raised its holdings in Alphabet by 28,950.0% during the 1st quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider’s stock worth $2,671,986,000 after purchasing an additional 9,259,940 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $393.26, for a total transaction 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $341.72, for a total transaction of $153,432.28. Following the sale, the chief accounting officer directly owned 27,348 shares of the company’s stock, valued at approximately $9,345,358.56. The trade was a 1.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 160,465 shares of company stock valued at $8,020,511. 11.61% of the stock is currently owned by insiders.

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $352.51 on Tuesday. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a twelve month low of $179.68 and a twelve month high of $408.61. The stock’s 50 day moving average is $371.97 and its 200-day moving average is $336.90. The firm has a market capitalization of $4.27 trillion, a price-to-earnings ratio of 26.89, a PEG ratio of 1.53 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $2.47. The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Sell-side analysts forecast that Alphabet Inc. will post 14.32 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s payout ratio is 6.71%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Bank of America said Google held steady in June while Claude and Gemini posted strong user growth, and it reiterated a Buy rating, citing Alphabet executives’ comments that Search is in an “expansionary moment” that could support results into 2026. Google holds steady as Claude, Gemini surge in June user growth
• Positive Sentiment: Zacks upgraded Alphabet (GOOG) to Rank #1 (Strong Buy), reflecting improved earnings optimism and potentially supporting near-term sentiment. Alphabet (GOOG) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Several recent pieces highlighted Alphabet’s AI and custom-chip strengths, including the company’s TPU strategy and potential cost advantages from in-house processors, which could improve margins over time. Google’s In-House AI Chip Strategy Could Be a Bigger Threat to Nvidia Than Investors Think. Here’s Why.
• Neutral Sentiment: Alphabet remains one of the market’s most closely watched AI and mega-cap tech names, with multiple articles noting strong investor attention and ongoing debate about its long-term growth profile. Alphabet Inc. (GOOG) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Investors are still focused on Alphabet’s rising capital expenditures, which were raised to $180 billion-$190 billion this year, with analysts also expecting second-quarter capex near $44.9 billion; that spending pressure can weigh on margins and sentiment. Alphabet’s $1 Trillion Ad Dominance Is Facing New Threats
• Negative Sentiment: Alphabet’s core advertising dominance is also facing more scrutiny from competitive and structural threats, which may be contributing to the stock’s softer tone despite upbeat AI commentary. Alphabet Vs. Broadcom: Rotate Out of AVGO and into GOOG as a Custom Chip Creator and Hyperscaler Partner

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on GOOGL. Citigroup restated an “outperform” rating on shares of Alphabet in a research report on Monday, May 4th. Royal Bank Of Canada set a $425.00 target price on shares of Alphabet and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Needham & Company LLC restated a “buy” rating and issued a $450.00 target price on shares of Alphabet in a report on Wednesday, June 3rd. Rothschild & Co Redburn upped their price target on shares of Alphabet from $390.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a report on Monday, June 22nd. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has an average rating of “Moderate Buy” and an average price target of $413.73.

Alphabet Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.