Core Alternative Capital Has $18.73 Million Position in Alphabet Inc. $GOOG

Core Alternative Capital decreased its holdings in Alphabet Inc. (NASDAQ:GOOG) by 5.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 59,699 shares of the information services provider’s stock after selling 3,631 shares during the quarter. Alphabet accounts for about 5.2% of Core Alternative Capital’s holdings, making the stock its 3rd biggest holding. Core Alternative Capital’s holdings in Alphabet were worth $18,733,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Imprint Wealth LLC acquired a new position in shares of Alphabet during the third quarter worth $31,000. Manning & Napier Advisors LLC acquired a new position in shares of Alphabet during the third quarter worth $32,000. Nvest Wealth Strategies Inc. acquired a new position in shares of Alphabet during the fourth quarter worth $38,000. Towne Trust Company N.A increased its position in shares of Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after purchasing an additional 34 shares in the last quarter. Finally, Lynch Asset Management Inc. acquired a new position in shares of Alphabet during the third quarter worth $61,000. Institutional investors own 27.26% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled a broader AI push at its Android event, including Gemini-powered features, new “Googlebooks” laptops, and agentic AI tools, reinforcing the company’s leadership in AI and mobile ecosystems.
• Positive Sentiment: Reports that Google is discussing orbital data centers with SpaceX have sparked investor excitement about a potential long-term infrastructure advantage in AI and cloud computing. Report: Google and SpaceX in talks to put data centers into orbit
• Positive Sentiment: Alphabet continues to attract bullish analyst and investor attention after strong Q1 results and ongoing cloud/AI growth, supporting the case for additional upside. Alphabet: The A-Z AI Play Set To Profit From The Whole Industry
• Positive Sentiment: Several large investors disclosed higher stakes in Alphabet, including Capital World Investors and other institutions, which can reinforce confidence in the stock’s long-term fundamentals.
• Neutral Sentiment: One fund update showed a large reduction in GOOG holdings by Capital International Investors, but this appears to be portfolio rebalancing rather than a direct company-specific warning.
• Negative Sentiment: Alphabet still faces regulatory pressure in Europe, including efforts to avoid an EU antitrust fine tied to spam-policy changes and broader DMA compliance concerns.

Alphabet Price Performance

NASDAQ:GOOG opened at $399.06 on Thursday. Alphabet Inc. has a one year low of $160.93 and a one year high of $399.93. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The firm has a market cap of $4.84 trillion, a price-to-earnings ratio of 30.44, a PEG ratio of 1.64 and a beta of 1.25. The firm’s fifty day moving average is $323.77 and its two-hundred day moving average is $315.48.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $106.96 billion. During the same period in the prior year, the company earned $2.81 earnings per share. The firm’s revenue was up 21.8% on a year-over-year basis. Research analysts expect that Alphabet Inc. will post 14.28 EPS for the current year.

Alphabet Increases Dividend

The firm also recently declared 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 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 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio is currently 6.41%.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 102 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $371.00, for a total value of $37,842.00. Following the sale, the director directly owned 18,621 shares of the company’s stock, valued at approximately $6,908,391. This represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the completion of the sale, the chief executive officer directly owned 1,642,060 shares in the company, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 158,553 shares of company stock valued at $47,951,856 in the last 90 days. 12.99% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

GOOG has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $370.00 price target on shares of Alphabet in a research report on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. DZ Bank raised Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $425.00 price target on shares of Alphabet in a research report on Thursday, April 30th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Alphabet currently has an average rating of “Buy” and a consensus price target of $362.73.

Alphabet 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.