Nadler Financial Group Inc. Sells 1,509 Shares of Alphabet Inc. $GOOG

Nadler Financial Group Inc. lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 5.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,792 shares of the information services provider’s stock after selling 1,509 shares during the period. Alphabet makes up 0.8% of Nadler Financial Group Inc.’s investment portfolio, making the stock its 22nd largest holding. Nadler Financial Group Inc.’s holdings in Alphabet were worth $7,972,000 as of its most recent SEC filing.

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

Insider Activity at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $341.72, for a total value of $153,432.28. Following the transaction, the chief accounting officer directly owned 27,348 shares in the company, valued at approximately $9,345,358.56. This trade represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The SEC filing for this sale provides additional information. Insiders sold a total of 159,415 shares of company stock valued at $7,672,279 in the last three months. Corporate insiders own 12.99% of the company’s stock.

Alphabet Trading Down 4.4%

NASDAQ:GOOG opened at $353.81 on Friday. 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 Inc. has a 12 month low of $181.50 and a 12 month high of $404.47. The company has a market cap of $4.29 trillion, a PE ratio of 26.99, a price-to-earnings-growth ratio of 1.58 and a beta of 1.23. The company has a 50 day simple moving average of $367.31 and a two-hundred day simple moving average of $336.58.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, beating 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 firm had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. During the same period in the prior year, the firm earned $2.81 EPS. The company’s revenue was up 21.8% compared to the same quarter last year. Research analysts forecast that Alphabet Inc. will post 14.32 earnings per share for the current year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a $0.22 dividend. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is currently 6.71%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Citigroup restated a “market outperform” rating on shares of Alphabet in a research note on Monday, June 22nd. JPMorgan Chase & Co. raised their price target on shares of Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Zacks Research raised Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Truist Financial set a $430.00 target price on Alphabet in a research note on Monday, June 1st. Finally, Oppenheimer boosted their price target on Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Five research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $383.44.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wall Street sentiment remains broadly bullish, with multiple firms reiterating buy/outperform ratings and several raising price targets, including Wedbush’s $445 target, signaling continued confidence in Alphabet’s long-term earnings power and AI/cloud growth. Finviz
• Positive Sentiment: Bank of America said Alphabet could beat estimates on strong cloud growth and a larger-than-expected value from its Anthropic stake, which supports the bull case ahead of earnings. Proactive Investors
• Positive Sentiment: Warren Buffett publicly said he initiated Berkshire Hathaway’s Alphabet investment and called the stock more likely to be a winner, which adds a high-profile vote of confidence for investors. CNBC
• Positive Sentiment: Recent institutional filings show major investors like Berkshire Hathaway adding to GOOG/GOOGL positions, reinforcing long-term institutional support for the stock. Quiver Quantitative
• Neutral Sentiment: Alphabet continues rolling out AI-related product updates, including Google Vids avatar tools and new app integrations in AI Mode, which show product momentum but are unlikely to move the stock on their own. TechCrunch
• Neutral Sentiment: A new lobbying disclosure showed Alphabet spending on privacy, competition, and platform-bias issues, which is routine regulatory activity and not a direct earnings driver. Quiver Quantitative
• Negative Sentiment: The European Union ordered Google to open Android and search data to rival AI and search companies, a regulatory move that could weaken Alphabet’s competitive moat and increase compliance pressure. Reuters
• Negative Sentiment: Alphabet is also facing fresh legal and investor scrutiny, including a securities-fraud investigation announcement and a report that its AI search tools may pose safety risks for children, both of which add headline risk. Business Wire
• Negative Sentiment: Recent insider selling has been heavy, with no insider purchases in the last six months, which may weigh on sentiment even if the sales are not necessarily a fundamental red flag. Quiver Quantitative

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.