<div id="readability-page-1"><p>Armis Advisers LLC bought a new position in shares of  Alphabet Inc. (NASDAQ:GOOG - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,932 shares of the information services provider's stock, valued at approximately $1,701,000.</p><ul><li>Doubt the Market? 3 Stocks to Rideout Fear, Uncertainty and Doubt</li></ul><p>Other institutional investors have also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. bought a new position in  Alphabet in the 4th quarter valued at about $27,000.  LSV Asset Management purchased a new stake in  Alphabet during the fourth quarter valued at about $27,000.  WealthTrak Capital Management LLC purchased a new stake in  Alphabet during the fourth quarter valued at about $38,000.  Mountain Hill Investment Partners Corp. purchased a new stake in shares of  Alphabet in the fourth quarter worth approximately $39,000.  Finally, Noble Wealth Management PBC acquired a new position in  Alphabet in the 4th quarter valued at approximately $43,000. 27.26% of the stock is owned by institutional investors and hedge funds. </p><h2>Analysts Set New Price Targets</h2><p>Several research firms have commented on GOOG. Wedbush  reissued an &#34;outperform&#34; rating and issued a $220.00 target price on shares of Alphabet in a research report on Thursday, January 30th. Cantor Fitzgerald  reissued a &#34;neutral&#34; rating and issued a $171.00 price target on shares of Alphabet in a report on Friday, April 25th. Citigroup  restated a &#34;sell&#34; rating on shares of Alphabet in a research report on Wednesday, April 23rd. Scotiabank dropped their price target on shares of Alphabet from $232.00 to $200.00 and set a &#34;sector outperform&#34; rating for the company in a research report on Monday, April 21st. Finally, UBS Group reduced their target price on shares of Alphabet from $209.00 to $173.00 and set a &#34;neutral&#34; rating on the stock in a research note on Friday, April 11th. Three research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have given a buy rating and five have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $203.94.</p><ul><li>Alphabet Stock Lags—But Waymo May Be Its Hidden Driver</li></ul><p><b>View Our Latest Stock Report on GOOG</b></p><h2>Insider Transactions at Alphabet</h2><p>In other news, CAO Amie Thuener O'toole sold 1,374 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $173.47, for a total value of $238,347.78. Following the transaction, the chief accounting officer now owns 15,024 shares of the company's stock, valued at approximately $2,606,213.28. The trade was a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through 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 transaction, the director now owns 6,813 shares in the company, valued at $1,192,275. This trade represents a 8.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 164,654 shares of company stock worth $26,793,380 over the last three months. 12.99% of the stock is currently owned by company insiders. </p><h2>Alphabet Price Performance</h2><ul><li>Alphabet Gets JPMorgan’s Vote of Confidence After Google I/O</li></ul><p>Shares of Alphabet stock opened at $169.59 on Friday. The stock has a market capitalization of $2.06 trillion, a price-to-earnings ratio of 21.07, a price-to-earnings-growth ratio of 1.34 and a beta of 1.01. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.84 and a current ratio of 1.84. The company has a fifty day moving average of $160.47 and a 200-day moving average of $176.60. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $208.70. </p><p>Alphabet (NASDAQ:GOOG - Get Free Report) last posted its earnings results on Thursday, April 24th. The information services provider reported $2.81 EPS for the quarter, topping the consensus estimate of $2.02 by $0.79. The firm had revenue of $90.23 billion during the quarter, compared to analysts' expectations of $89.30 billion. Alphabet had a net margin of 28.60% and a return on equity of 32.49%. The company's quarterly revenue was up 12.0% compared to the same quarter last year. During the same period last year, the company posted $1.89 EPS.  Equities research analysts expect that  Alphabet Inc. will post 8.89 EPS for the current year. </p><h2>Alphabet Increases Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 9th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Monday, June 9th. This is a positive change from Alphabet's previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.50%. Alphabet's payout ratio is currently 9.36%. </p><h2>Alphabet Profile</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Alphabet</li><li>What is the Nikkei 225 index?    </li><li>Alphabet Stock Lags—But Waymo May Be Its Hidden Driver</li><li>What to Know About Investing in Penny Stocks</li><li>Trade Desk Silences Critics; Recovery Looks Poised to Continue</li><li>How to Use the MarketBeat Dividend Calculator</li><li>Booz Allen Hamilton Earnings: 3 Bullish Signals for BAH Stock</li></ul><p><strong>Want to see what other hedge funds are holding GOOG?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOG - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alphabet Right Now?</h2><p>Before you consider Alphabet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphabet wasn't on the list.</p><p>While Alphabet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GOOGL

GOOG

<p>Armis Advisers LLC invested $1.70 million in Alphabet Inc. (NASDAQ:GOOG) during Q4, acquiring 8,932 shares. Other institutional investors also increased their stakes. Analysts have mixed ratings on Alphabet, with a consensus rating of "Moderate Buy" and an average target price of $203.94. Recent insider transactions saw significant share sales. Alphabet's stock opened at $169.59, with a market cap of $2.06 trillion and a P/E ratio of 21.07. The company reported strong earnings, exceeding estimates with $2.81 EPS and $90.23 billion in revenue for the last quarter.</p>

- Armis Advisers LLC acquired 8,932 shares of Alphabet Inc. during the fourth quarter, valued at approximately $1.7 million.  
- Several institutional investors also increased their stakes, with a total of 27.26% of the stock owned by such entities.  
- Alphabet reported a quarterly EPS of $2.81, exceeding estimates, and announced a dividend increase to $0.21, reflecting a positive financial outlook.

Armis Advisers LLC Invests $1.70 Million in Alphabet Inc. (NASDAQ:GOOG)