Vista Cima Wealth Management LLC increased its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 99.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,937 shares of the information services provider’s stock after buying an additional 1,959 shares during the quarter. Alphabet accounts for approximately 1.0% of Vista Cima Wealth Management LLC’s portfolio, making the stock its 24th largest holding. Vista Cima Wealth Management LLC’s holdings in Alphabet were worth $1,232,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vise Technologies Inc. purchased a new position in shares of Alphabet in the 4th quarter worth about $70,947,000. Regency Capital Management Inc. DE boosted its holdings in shares of Alphabet by 227.4% in the 4th quarter. Regency Capital Management Inc. DE now owns 19,719 shares of the information services provider’s stock worth $6,172,000 after buying an additional 13,696 shares during the last quarter. Continuum Advisory LLC boosted its holdings in shares of Alphabet by 9.4% in the 4th quarter. Continuum Advisory LLC now owns 35,391 shares of the information services provider’s stock worth $11,077,000 after buying an additional 3,043 shares during the last quarter. Clarity Capital Advisors LLC purchased a new position in shares of Alphabet in the 4th quarter worth about $224,000. Finally, Sittner & Nelson LLC boosted its holdings in shares of Alphabet by 2.0% in the 4th quarter. Sittner & Nelson LLC now owns 20,635 shares of the information services provider’s stock worth $6,662,000 after buying an additional 400 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Alphabet
In other news, Director Frances Arnold sold 102 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $381.00, for a total value of $38,862.00. Following the sale, the director directly owned 18,721 shares of the company’s stock, valued at approximately $7,132,701. This represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 193,016 shares of company stock valued at $17,282,549. Company insiders own 11.61% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Research Report on Alphabet
Alphabet Trading Down 2.2%
Shares of Alphabet stock opened at $356.38 on Thursday. Alphabet Inc. has a 52-week low of $162.00 and a 52-week high of $408.61. The stock’s 50-day simple moving average is $357.80 and its 200 day simple moving average is $329.64. The stock has a market capitalization of $4.32 trillion, a P/E ratio of 27.18, a P/E/G ratio of 1.56 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.64 by $2.47. 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 the consensus estimate of $106.98 billion. As a group, research analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current year.
Alphabet Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s payout ratio is currently 6.71%.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for Alphabet, signaling confidence in the company’s earnings outlook and AI/cloud-driven growth. Veteran Analyst Firm Resets Alphabet Forecast for 2027
- Positive Sentiment: Google expanded Gemini features for small businesses, which could help drive broader adoption of its AI tools and support future subscription revenue. Google Debuts Gemini Features Geared to Small Businesses
- Positive Sentiment: Reports that Gemini app monthly users doubled to 900 million reinforce Alphabet’s momentum in AI products and its ability to monetize a large user base. Alphabet Inc. (GOOGL) Reports Doubling of Gemini App Monthly Users to 900 Million
- Neutral Sentiment: Alphabet’s valuation is being scrutinized after a strong run, with some market coverage focusing on whether recent momentum can continue at the same pace. Alphabet (NasdaqGS:GOOGL) Valuation Check As Share Price Momentum Cools After Strong Year
- Negative Sentiment: Google and Meta were denied a new trial in the youth social media addiction case, leaving a legal overhang in place for Alphabet’s YouTube business. Market Chatter: Google, Meta Platforms Denied New Trial in Youth Social Media Addiction Case by California Judge
- Negative Sentiment: News that Gemini and Google Workspace AI tools experienced outages could weigh on sentiment around product reliability, even if the impact is likely temporary. Gemini Is Down? Live Updates on Google Workspace’s AI Errors
- Negative Sentiment: A Reuters report said a fire at a third-party facility caused intermittent Google Cloud network disruptions in India, highlighting operational risk for the cloud business. Fire at third-party facility disrupts Google Cloud network traffic in India
- Negative Sentiment: A broader warning that the AI data-center buildout may be less certain than expected could pressure sentiment across hyperscalers, including Alphabet, if investors worry about returns on heavy AI infrastructure spending. Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks
Alphabet Company 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.
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