Cypress Capital LLC Sells 727 Shares of Alphabet Inc. (NASDAQ:GOOG)

02 Jul 2025, 08:04 by Amy Steele · The Cerbat Gem

Cypress Capital LLC trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 6.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,293 shares of the information services provider’s stock after selling 727 shares during the quarter. Cypress Capital LLC’s holdings in Alphabet were worth $1,608,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. LaFleur & Godfrey LLC grew its stake in shares of Alphabet by 1.2% during the 4th quarter. LaFleur & Godfrey LLC now owns 31,967 shares of the information services provider’s stock valued at $6,088,000 after acquiring an additional 380 shares during the period. Brighton Jones LLC lifted its holdings in Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after purchasing an additional 6,410 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of Alphabet by 4.3% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 506,535 shares of the information services provider’s stock worth $96,465,000 after purchasing an additional 20,855 shares during the period. Dynasty Wealth Management LLC increased its stake in shares of Alphabet by 3.2% in the fourth quarter. Dynasty Wealth Management LLC now owns 22,134 shares of the information services provider’s stock worth $4,215,000 after purchasing an additional 690 shares in the last quarter. Finally, Mills Wealth Advisors LLC bought a new stake in shares of Alphabet during the 4th quarter valued at $271,000. 27.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

GOOG has been the subject of several recent analyst reports. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $171.00 target price on shares of Alphabet in a report on Friday, April 25th. Needham & Company LLC lowered Alphabet from a “buy” rating to a “cautious” rating in a research note on Friday, May 2nd. Rosenblatt Securities raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 25th. The Goldman Sachs Group reissued a “buy” rating and issued a $220.00 price target on shares of Alphabet in a report on Monday, June 2nd. Finally, Westpark Capital restated a “buy” rating and issued a $210.00 price target on shares of Alphabet in a research note on Friday, April 25th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have issued a buy rating and six have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $206.38.

View Our Latest Analysis on Alphabet

Alphabet Trading Down 0.3%

Shares of NASDAQ GOOG opened at $176.91 on Wednesday. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $208.70. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.77 and a quick ratio of 1.77. The business’s 50 day moving average is $168.84 and its two-hundred day moving average is $175.81. The stock has a market capitalization of $2.15 trillion, a P/E ratio of 19.72, a PEG ratio of 1.25 and a beta of 1.01.

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

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 9th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, June 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.47%. This is an increase from Alphabet’s previous quarterly dividend of $0.20. Alphabet’s dividend payout ratio is currently 9.36%.

Insider Transactions at Alphabet

In related news, Director Kavitark Ram Shriram sold 9,000 shares of the company’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $175.00, for a total transaction of $1,575,000.00. Following the transaction, the director directly owned 255,400 shares in the company, valued at approximately $44,695,000. This represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the stock in a transaction dated Thursday, May 22nd. The stock was 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 in the company, valued at $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. In the last quarter, insiders sold 183,143 shares of company stock worth $30,529,028. 12.99% of the stock is currently owned by insiders.

Alphabet Profile

(Free Report)

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.