Pure Financial Advisors LLC Sells 2,365 Shares of Alphabet Inc. $GOOG

Pure Financial Advisors LLC decreased its holdings in Alphabet Inc. (NASDAQ:GOOG) by 7.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,080 shares of the information services provider’s stock after selling 2,365 shares during the period. Pure Financial Advisors LLC’s holdings in Alphabet were worth $8,812,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Ring Mountain Capital LLC raised its stake in shares of 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 acquiring an additional 30 shares during the period. HRC Wealth Management LLC raised its stake in shares of 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 acquiring an additional 31 shares during the period. Avaii Wealth Management LLC raised its stake in shares of 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 acquiring an additional 32 shares during the period. Northern Capital Management Inc. raised its stake in shares of Alphabet by 0.8% in the fourth quarter. Northern Capital Management Inc. now owns 4,023 shares of the information services provider’s stock valued at $1,262,000 after acquiring an additional 32 shares during the period. Finally, Accel Wealth Management raised its stake in shares of Alphabet by 0.8% in the fourth quarter. Accel Wealth Management now owns 4,068 shares of the information services provider’s stock valued at $1,276,000 after acquiring an additional 33 shares during the period. Institutional investors own 27.26% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GOOG. Piper Sandler reissued an “overweight” rating and issued a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. UBS Group reissued a “neutral” rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. KeyCorp set a $370.00 target price on shares of Alphabet in a research note on Thursday, February 5th. DZ Bank raised shares of Alphabet to a “strong-buy” rating in a research note on Monday, February 16th. Finally, Wells Fargo & Company raised Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $363.40.

Insiders Place Their Bets

In related news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Kent Walker sold 8,993 shares of the business’s stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the completion of the transaction, the insider directly owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This trade represents a 14.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 226,481 shares of company stock worth $27,422,061. 12.99% of the stock is owned by company insiders.

Alphabet Price Performance

Shares of GOOG stock opened at $384.90 on Wednesday. Alphabet Inc. has a twelve month low of $163.33 and a twelve month high of $404.47. The stock has a market capitalization of $4.66 trillion, a price-to-earnings ratio of 29.36, a P/E/G ratio of 1.68 and a beta of 1.25. The stock has a fifty day simple moving average of $331.01 and a two-hundred day simple moving average of $318.96. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. During the same period in the prior year, the business earned $2.81 EPS. The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. On average, analysts predict that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

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

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google I/O 2026 showcased a major AI push across Search, Gemini, Chrome, Android, YouTube, and Workspace, reinforcing Alphabet’s leadership in AI monetization.
• Positive Sentiment: Alphabet and Blackstone announced a $5 billion AI cloud venture using Google’s TPU chips, which could expand Alphabet’s AI infrastructure business and strengthen its competitive moat.
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet stake again, signaling continued confidence from a major long-term investor.
• Neutral Sentiment: Wall Street commentary remains split between enthusiasm over Alphabet’s AI progress and caution after the stock’s sharp rally and elevated valuation.
• Negative Sentiment: A major shareholder disclosed additional Alphabet share sales, which may be adding modest short-term pressure as investors take profits after the recent move higher.

Alphabet Company 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.