Alphabet Inc. (NASDAQ:GOOG) Shares Acquired by Elios Financial Group Inc.

11 Apr 2025, 16:28 by Michael Walen · The Markets Daily

Elios Financial Group Inc. increased its position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 11.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,401 shares of the information services provider’s stock after acquiring an additional 141 shares during the quarter. Elios Financial Group Inc.’s holdings in Alphabet were worth $267,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fiduciary Advisors Inc. acquired a new position in Alphabet in the fourth quarter valued at $27,000. LSV Asset Management purchased a new stake in Alphabet in the 4th quarter valued at about $27,000. WealthTrak Capital Management LLC acquired a new position in shares of Alphabet during the 4th quarter valued at about $38,000. Mountain Hill Investment Partners Corp. purchased a new position in shares of Alphabet during the 4th quarter worth about $39,000. Finally, Noble Wealth Management PBC acquired a new stake in shares of Alphabet in the fourth quarter worth approximately $43,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Down 3.5 %

Shares of Alphabet stock opened at $155.37 on Friday. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $208.70. The company has a market capitalization of $1.89 trillion, a PE ratio of 19.30, a P/E/G ratio of 1.34 and a beta of 1.04. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84. The business has a 50-day moving average of $171.46 and a 200-day moving average of $177.92.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The information services provider reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.12 by $0.03. Alphabet had a return on equity of 32.49% and a net margin of 28.60%. As a group, equities analysts forecast that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 10th were issued a $0.20 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.80 annualized dividend and a yield of 0.51%. Alphabet’s dividend payout ratio is presently 9.94%.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 17,690 shares of Alphabet stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $185.51, for a total value of $3,281,671.90. Following the completion of the transaction, the insider now directly owns 43,111 shares in the company, valued at approximately $7,997,521.61. This trade represents a 29.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 1,340 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $202.08, for a total value of $270,787.20. Following the sale, the chief accounting officer now owns 17,848 shares in the company, valued at $3,606,723.84. The trade was a 6.98 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 119,797 shares of company stock worth $21,089,470 in the last ninety days. 12.99% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wedbush reaffirmed an “outperform” rating and set a $220.00 price target on shares of Alphabet in a research report on Thursday, January 30th. Needham & Company LLC restated a “buy” rating on shares of Alphabet in a report on Wednesday, February 5th. Oppenheimer increased their target price on Alphabet from $215.00 to $225.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Benchmark reissued a “negative” rating on shares of Alphabet in a research report on Wednesday, February 5th. Finally, Westpark Capital began coverage on Alphabet in a report on Tuesday, April 1st. They issued a “buy” rating and a $210.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $207.33.

Read Our Latest Analysis on GOOG

Alphabet Company Profile

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