Alphabet Inc. $GOOG Shares Sold by Focused Wealth Management Inc

Focused Wealth Management Inc reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 14.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 10,849 shares of the information services provider’s stock after selling 1,810 shares during the period. Focused Wealth Management Inc’s holdings in Alphabet were worth $3,112,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Faithward Advisors LLC raised its holdings in shares of Alphabet by 2.5% in the first quarter. Faithward Advisors LLC now owns 2,690 shares of the information services provider’s stock valued at $772,000 after buying an additional 66 shares during the last quarter. Community Bank of Raymore grew its holdings in shares of Alphabet by 8.2% during the first quarter. Community Bank of Raymore now owns 4,479 shares of the information services provider’s stock worth $1,285,000 after buying an additional 340 shares during the last quarter. Hamilton Capital Partners LLC purchased a new position in shares of Alphabet during the first quarter worth about $161,000. Cora Capital Advisors LLC increased its position in Alphabet by 4.3% in the 1st quarter. Cora Capital Advisors LLC now owns 6,258 shares of the information services provider’s stock valued at $1,795,000 after acquiring an additional 259 shares during the period. Finally, Cidel Asset Management Inc. increased its position in Alphabet by 9.2% in the 1st quarter. Cidel Asset Management Inc. now owns 28,660 shares of the information services provider’s stock valued at $8,221,000 after acquiring an additional 2,404 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Down 2.2%

NASDAQ GOOG opened at $334.71 on Friday. 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 capitalization of $4.06 trillion, a P/E ratio of 25.53, a P/E/G ratio of 1.46 and a beta of 1.22. Alphabet Inc. has a 52-week low of $172.71 and a 52-week high of $404.47. The firm has a 50-day moving average price of $366.33 and a 200 day moving average price of $331.94.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. During the same quarter in the previous year, the company earned $2.81 EPS. The firm’s revenue for the quarter was up 21.8% compared to the same quarter last year. Equities research analysts expect 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 issued a $0.22 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is 6.71%.

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the completion of the transaction, the chief accounting officer owned 10,093 shares in the company, valued at approximately $2,923,235.59. This represents a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $381.00, for a total value of $38,862.00. Following the completion of the sale, the director directly owned 18,721 shares of the company’s stock, valued at approximately $7,132,701. This trade represents a 0.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 151,523 shares of company stock valued at $4,863,526 in the last three months. 12.99% of the stock is owned by corporate insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s advertising business is still growing, with one analyst note pointing to rising ad revenues and AI-driven ad tools as a source of further upside. Alphabet Benefits From Rising Advertising Revenues: More Upside Ahead?
• Positive Sentiment: Wedbush said the recent sell-off in big tech and AI names looks more like a buying opportunity than a broken AI thesis, and included Alphabet among the core beneficiaries of the AI trend. Wedbush brushes off tech sell-off as buying chance in multi-year AI bull run
• Positive Sentiment: Alphabet continues to get bullish long-term commentary from investors who see it as a strong growth and AI compounder, helped by Google Cloud momentum and AI monetization potential. Alphabet: Still A Top-Tier AI Compounder
• Neutral Sentiment: Alphabet is set to join the Dow Jones Industrial Average, which is a notable index inclusion but not an immediate fundamental catalyst. Alphabet Set to Join Dow Jones Industrial Average as Verizon Exits Index (GOOG)
• Neutral Sentiment: A new bill would study data-center energy and water measurement standards, which could eventually affect Alphabet’s cloud and AI infrastructure, but it does not create immediate regulation. New Bill: Representative Suhas Subramanyam introduces H.R. 9372: Data Infrastructure Energy Measurement and Standards Act
• Negative Sentiment: Investor concern is centered on Google’s AI talent exodus, with reports of more researchers leaving for rivals like Anthropic, raising worries about execution in Gemini and broader AI competitiveness. Alphabet Shares Fall After Report on Further AI Talent Departures
• Negative Sentiment: A separate report said Google is taking a tougher stance with publishers to secure broader content access for AI training, while publishers warn that traffic declines are already hurting them, adding to regulatory and relationship risk. Google looks to bleed publishers with new AI partnerships that would cull their content
• Negative Sentiment: Several articles this week continued to highlight weakness in the “all-in on AI” trade and pressure on Alphabet shares tied to AI talent losses and competitive fears. Ranking the FAANG Stocks From Most to Least Attractive, Based on Future Cash Flow

Analysts Set New Price Targets

GOOG has been the subject of a number of recent research reports. Oppenheimer increased their price objective on Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Stifel Nicolaus set a $420.00 target price on Alphabet in a report on Wednesday, May 20th. Freedom Capital cut Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. increased their price target on Alphabet from $395.00 to $460.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a report on Monday. Four investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $376.78.

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.