Sawyer & Company Inc Sells 1,983 Shares of Alphabet Inc. $GOOG

Sawyer & Company Inc trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 28.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,960 shares of the information services provider’s stock after selling 1,983 shares during the quarter. Sawyer & Company Inc’s holdings in Alphabet were worth $1,423,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GOOG. Imprint Wealth LLC bought a new stake in shares of Alphabet during the third quarter valued at approximately $31,000. Nvest Wealth Strategies Inc. bought a new position in Alphabet in the fourth quarter worth $38,000. Lifetime Wealth Management P.C. purchased a new position in Alphabet during the fourth quarter valued at $38,000. Bard Associates Inc. purchased a new position in Alphabet during the fourth quarter valued at $41,000. Finally, Towne Trust Company N.A boosted its holdings in shares of Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after buying an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Transactions at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $393.26, for a total transaction of $412,923.00. Following the sale, the director owned 2,531 shares in the company, valued at $995,341.06. This represents a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’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 transaction of $2,077,531.25. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 160,465 shares of company stock valued at $8,020,511. 12.99% of the stock is currently owned by insiders.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet continues to benefit from bullish investor and analyst sentiment, with several recent reports highlighting strong earnings momentum, favorable price targets, and optimism around its AI and cloud growth. Zacks: Top-Performing ETF Areas of 1H 2026
• Positive Sentiment: Google Cloud is gaining enterprise traction, including a new Reuters report that Italy’s Intesa Sanpaolo moved core IT systems to Google’s cloud, supporting the case for faster cloud revenue growth. Reuters: Italy’s Intesa shifts core IT banking systems to Google’s cloud technology
• Positive Sentiment: Walmart’s partnership with Google on a Gemini-powered shopping experience reinforces Alphabet’s position in applied AI and could open future commerce-related revenue opportunities. 247WallSt: Which Stocks Win When Google AI Powers Walmart’s Checkout?
• Neutral Sentiment: Alphabet was mentioned in connection with an Open USD stablecoin partnership list, but the report says some companies deny signing on, making the impact unclear. TipRanks: Open USD Stablecoin Lists Major Partners, But Some Say They Never Signed On
• Neutral Sentiment: Alphabet insider John Kent Walker sold shares, but the transaction appears routine and is unlikely by itself to change the company’s outlook. InsiderTrades: John Kent Walker Alphabet transaction
• Negative Sentiment: The EU’s top court upheld a record €4.1 billion antitrust fine against Google over Android practices, a meaningful legal setback that keeps regulatory pressure on Alphabet. Reuters: EU top court dismisses Google fight against record €4.1 billion EU antitrust fine
• Negative Sentiment: Several articles flagged investor concern over Alphabet’s heavy AI infrastructure spending, with scrutiny growing around whether capex will pressure margins before it boosts returns. Yahoo Finance: Alphabet Drops 6% Despite $4.3 Trillion Valuation as AI Spending Draws Scrutiny

Alphabet Price Performance

GOOG opened at $356.18 on Friday. The stock has a 50-day moving average price of $368.31 and a 200-day moving average price of $333.32. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The firm has a market cap of $4.32 trillion, a PE ratio of 27.17, a P/E/G ratio of 1.52 and a beta of 1.23. Alphabet Inc. has a 1 year low of $173.88 and a 1 year high of $404.47.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. During the same quarter in the previous year, the business posted $2.81 EPS. Alphabet’s revenue was up 21.8% compared to the same quarter last year. Sell-side analysts predict that Alphabet Inc. will post 14.32 earnings per share for the current fiscal year.

Alphabet Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Wells Fargo & Company set a $416.00 target price on shares of Alphabet in a research report on Thursday. Oppenheimer boosted their price objective on shares of Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Freedom Capital cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Truist Financial set a $430.00 target price on shares of Alphabet in a research note on Monday, June 1st. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $450.00 target price on shares of Alphabet in a report on Thursday, May 21st. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $376.19.

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.