Northwest Financial Advisors Has $605,000 Position in Alphabet Inc. (NASDAQ:GOOG)

06 Jun 2025, 18:54 by Tristan Rich · The Markets Daily

Northwest Financial Advisors decreased its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 3.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,873 shares of the information services provider’s stock after selling 127 shares during the period. Northwest Financial Advisors’ holdings in Alphabet were worth $605,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in GOOG. LSV Asset Management acquired a new position in shares of Alphabet in the fourth quarter valued at approximately $27,000. WealthTrak Capital Management LLC acquired a new position in shares of Alphabet during the fourth quarter worth about $38,000. Mountain Hill Investment Partners Corp. acquired a new position in shares of Alphabet during the fourth quarter worth about $39,000. Noble Wealth Management PBC acquired a new position in shares of Alphabet during the fourth quarter worth about $43,000. Finally, Sellwood Investment Partners LLC acquired a new position in Alphabet during the 4th quarter worth approximately $43,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Performance

NASDAQ:GOOG opened at $169.81 on Friday. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $208.70. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03. The stock has a market cap of $2.06 trillion, a P/E ratio of 21.09, a PEG ratio of 1.34 and a beta of 1.01. The stock has a 50 day simple moving average of $161.56 and a 200 day simple moving average of $176.09.

Alphabet (NASDAQ:GOOG – Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.79. The company had revenue of $90.23 billion during the quarter, compared to the consensus estimate of $89.30 billion. Alphabet had a net margin of 28.60% and a return on equity of 32.49%. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.89 earnings per share. Research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 9th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date is Monday, June 9th. This is an increase from Alphabet’s previous quarterly dividend of $0.20. Alphabet’s payout ratio is 9.36%.

Analysts Set New Price Targets

Several research analysts recently commented on GOOG shares. UBS Group reduced their target price on shares of Alphabet from $209.00 to $173.00 and set a “neutral” rating for the company in a report on Friday, April 11th. Needham & Company LLC downgraded shares of Alphabet from a “buy” rating to a “cautious” rating in a research note on Friday, May 2nd. Scotiabank reduced their price target on Alphabet from $232.00 to $200.00 and set a “sector outperform” rating for the company in a research report on Monday, April 21st. Tigress Financial reissued a “strong-buy” rating on shares of Alphabet in a report on Friday, May 2nd. Finally, Oppenheimer increased their price objective on Alphabet from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Friday, April 25th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and five have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $204.88.

Read Our Latest Stock Analysis on Alphabet

Insider Activity at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $168.71, for a total transaction of $5,483,075.00. Following the completion of the transaction, the chief executive officer now directly owns 2,587,696 shares in the company, valued at $436,570,192.16. The trade was a 1.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kavitark Ram Shriram sold 10,500 shares of the business’s stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $175.00, for a total value of $1,837,500.00. Following the transaction, the director now directly owns 261,966 shares of the company’s stock, valued at $45,844,050. This trade represents a 3.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 195,770 shares of company stock valued at $32,036,638 over the last quarter. 12.99% of the stock is owned by corporate insiders.

About Alphabet

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