Clarity Wealth Advisors LLC Lowers Holdings in Alphabet Inc. (NASDAQ:GOOG)

11 Jul 2025, 11:40 by Scott Moore · The Cerbat Gem

Clarity Wealth Advisors LLC decreased its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 3.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,108 shares of the information services provider’s stock after selling 1,191 shares during the quarter. Alphabet makes up approximately 1.4% of Clarity Wealth Advisors LLC’s holdings, making the stock its 25th largest holding. Clarity Wealth Advisors LLC’s holdings in Alphabet were worth $5,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Hutchinson Capital Management CA boosted its stake in shares of Alphabet by 1.5% during the 4th quarter. Hutchinson Capital Management CA now owns 3,555 shares of the information services provider’s stock worth $677,000 after acquiring an additional 54 shares in the last quarter. Retirement Planning Co of New England Inc. boosted its stake in shares of Alphabet by 0.4% during the 4th quarter. Retirement Planning Co of New England Inc. now owns 15,977 shares of the information services provider’s stock worth $3,043,000 after acquiring an additional 56 shares in the last quarter. Concentrum Wealth Management boosted its stake in shares of Alphabet by 0.3% during the 4th quarter. Concentrum Wealth Management now owns 17,328 shares of the information services provider’s stock worth $3,300,000 after acquiring an additional 57 shares in the last quarter. JDM Financial Group LLC boosted its stake in shares of Alphabet by 10.6% during the 4th quarter. JDM Financial Group LLC now owns 593 shares of the information services provider’s stock worth $113,000 after acquiring an additional 57 shares in the last quarter. Finally, Kidder Stephen W boosted its stake in shares of Alphabet by 1.6% during the 4th quarter. Kidder Stephen W now owns 3,608 shares of the information services provider’s stock worth $687,000 after acquiring an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $178.52, for a total value of $5,801,900.00. Following the completion of the sale, the chief executive officer directly owned 2,559,892 shares of the company’s stock, valued at $456,991,919.84. The trade was a 1.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $175.00, for a total transaction of $105,000.00. Following the completion of the sale, the director directly owned 6,813 shares of the company’s stock, valued at approximately $1,192,275. This trade represents a 8.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 215,643 shares of company stock worth $36,330,928 over the last ninety days. Corporate insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

Shares of GOOG stock opened at $178.70 on Friday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.03. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $208.70. The stock has a market capitalization of $2.17 trillion, a PE ratio of 19.92, a P/E/G ratio of 1.25 and a beta of 1.01. The firm has a 50 day moving average of $171.19 and a two-hundred day moving average of $175.18.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The information services provider reported $2.81 EPS for the quarter, beating the consensus estimate of $2.02 by $0.79. The company had revenue of $90.23 billion during the quarter, compared to analysts’ expectations of $89.30 billion. Alphabet had a net margin of 30.86% and a return on equity of 34.54%. The firm’s revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.89 EPS. On average, research analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 9th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, June 9th. This is a boost from Alphabet’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 0.47%. Alphabet’s dividend payout ratio (DPR) is currently 9.36%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on GOOG shares. Needham & Company LLC lowered shares of Alphabet from a “buy” rating to a “cautious” rating in a research note on Friday, May 2nd. Cowen reiterated a “buy” rating on shares of Alphabet in a report on Wednesday. Westpark Capital reiterated a “buy” rating and issued a $210.00 price objective on shares of Alphabet in a report on Friday, April 25th. Wells Fargo & Company restated an “equal weight” rating on shares of Alphabet in a report on Wednesday. Finally, Citizens Jmp upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 26th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating, eighteen have given a buy rating and six have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $206.80.

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