2,410 Shares in Alphabet Inc. $GOOG Purchased by Wealthquest Corp

03 Jun 2026, 10:44 by Tristan Rich · The Markets Daily

Wealthquest Corp acquired a new position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,410 shares of the information services provider’s stock, valued at approximately $757,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Lathrop Investment Management Co. increased its position in shares of Alphabet by 14.5% during the 4th quarter. Lathrop Investment Management Co. now owns 2,489 shares of the information services provider’s stock worth $781,000 after purchasing an additional 316 shares during the last quarter. Praxis Capital Management LLC acquired a new stake in shares of Alphabet during the 4th quarter worth about $1,163,000. Summit Asset Management LLC increased its position in shares of Alphabet by 0.7% during the 4th quarter. Summit Asset Management LLC now owns 9,984 shares of the information services provider’s stock worth $3,133,000 after purchasing an additional 74 shares during the last quarter. Powell Investment Advisors LLC increased its position in shares of Alphabet by 16.5% during the 4th quarter. Powell Investment Advisors LLC now owns 2,698 shares of the information services provider’s stock worth $847,000 after purchasing an additional 382 shares during the last quarter. Finally, William Blair Investment Management LLC acquired a new stake in shares of Alphabet during the 4th quarter worth about $322,000. 27.26% of the stock is owned by institutional investors and hedge funds.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Berkshire Hathaway’s $10 billion commitment to Alphabet supports the company’s AI strategy and signals strong long-term investor confidence. Berkshire invests extra $10 billion in Alphabet, deepening bet on AI
Positive Sentiment: Some analysts say Google remains a key beneficiary of AI search growth, suggesting its core search and ad business may hold up better than feared. Google Is the Clear Beneficiary,’ Says Top Analyst as AI Search Takes Off
Neutral Sentiment: Alphabet’s stakes in private AI-related companies such as Anthropic and exposure to future IPO optionality may add long-term upside, but this is not a near-term catalyst. Alphabet Stock Offers Exposure To SpaceX, Anthropic Before IPOs
Negative Sentiment: The $80 billion stock sale raised concerns about dilution and the rising cost of Alphabet’s AI expansion, which is pressuring sentiment in the stock. Alphabet plans to raise $80 billion to pay for AI buildout
Negative Sentiment: Reuters reported the EU may tighten cloud rules in strategic tenders, which could limit Google’s access to certain government contracts in Europe. EU cloud rules to curb Amazon, Google access to strategic tenders

Analyst Ratings Changes

A number of analysts recently issued reports on GOOG shares. Needham & Company LLC set a $400.00 price objective on Alphabet and gave the stock a “buy” rating in a research report on Friday, March 13th. JPMorgan Chase & Co. raised their price objective on Alphabet from $395.00 to $460.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $345.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Stifel Nicolaus set a $420.00 target price on Alphabet in a research report on Wednesday, May 20th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Alphabet in a research report on Thursday, May 21st. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet currently has a consensus rating of “Buy” and an average price target of $376.00.

Check Out Our Latest Report on GOOG

Insider Buying and Selling at Alphabet

In other news, CAO Amie Thuener O’toole sold 617 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the transaction, the chief accounting officer directly owned 10,093 shares of the company’s stock, valued at approximately $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business’s stock in a transaction dated 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. In the last 90 days, insiders sold 193,016 shares of company stock valued at $17,282,549. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Performance

Shares of Alphabet stock opened at $358.39 on Wednesday. Alphabet Inc. has a one year low of $163.33 and a one year high of $404.47. The company has a market cap of $4.34 trillion, a PE ratio of 27.34, a P/E/G ratio of 1.60 and a beta of 1.22. 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 business has a 50-day simple moving average of $344.61 and a 200-day simple moving average of $325.11.

Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.96 billion. During the same period in the previous year, the company posted $2.81 earnings per share. The business’s revenue for the quarter was up 21.8% on a year-over-year basis. On average, equities research analysts forecast that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be given a dividend of $0.22 per share. This is a boost from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. Alphabet’s dividend payout ratio is presently 6.41%.

Alphabet Company Profile

(Free Report)

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.