Catalyst Private Wealth LLC boosted its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 30.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,870 shares of the information services provider’s stock after acquiring an additional 1,598 shares during the quarter. Alphabet accounts for 1.0% of Catalyst Private Wealth LLC’s holdings, making the stock its 22nd largest holding. Catalyst Private Wealth LLC’s holdings in Alphabet were worth $2,341,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Castlekeep Investment Advisors LLC bought a new stake in shares of Alphabet during the 2nd quarter valued at approximately $29,000. Lifetime Wealth Management P.C. bought a new position in Alphabet in the fourth quarter valued at about $38,000. Bard Associates Inc. acquired a new stake in shares of Alphabet during the fourth quarter valued at about $41,000. Toth Financial Advisory Corp bought a new stake in shares of Alphabet during the second quarter worth about $41,000. Finally, Timbuktu Capital Management LLC acquired a new stake in Alphabet during the 2nd quarter worth approximately $46,000. Institutional investors and hedge funds own 27.26% of the company’s stock.
Insider Buying and Selling at Alphabet
In other news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 441,399 shares of company stock valued at $8,677,053 over the last three months. 12.99% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
View Our Latest Report on Alphabet
Alphabet Stock Up 0.2%
NASDAQ:GOOG traded up $0.55 on Tuesday, hitting $349.52. The stock had a trading volume of 14,406,512 shares, compared to its average volume of 20,307,688. The firm’s fifty day simple moving average is $342.49 and its two-hundred day simple moving average is $347.52. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 1 year low of $241.18 and a 1 year high of $404.47. The stock has a market cap of $4.27 trillion, a P/E ratio of 17.56, a price-to-earnings-growth ratio of 1.01 and a beta of 1.19.
Alphabet (NASDAQ:GOOG – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.31 earnings per share. Analysts predict that Alphabet Inc. will post 20.54 earnings per share for the current year.
Alphabet Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google launched Gemini 4 Argon for developers, businesses and paying users, highlighting capabilities in coding, finance and legal work. The release may reassure investors that Alphabet is keeping pace in the competitive frontier-AI market. Reuters article on Gemini 4 Argon
- Positive Sentiment: An analyst said Alphabet’s internally developed AI chips could create as much as $100 billion in value by 2028, adding to the investment case as investors assess AI infrastructure spending and Google Cloud growth. Benzinga article on Alphabet AI chips
- Positive Sentiment: Alphabet and Unity announced Unity Spark, an AI-powered platform intended to let users create games through natural-language prompts. The initiative could expand Alphabet’s AI ecosystem and reach millions of nontechnical creators. Yahoo Finance article on Unity Spark
- Positive Sentiment: BNP Paribas raised its price target on Alphabet, reflecting continued optimism about cloud expansion, AI monetization and the company’s long-term earnings outlook. TipRanks article on Alphabet price target
- Neutral Sentiment: Google Play now supports private, AI-generated Android applications, while a new Fitbit product and health-related partnerships broaden Alphabet’s consumer ecosystem. These initiatives are strategically positive but are unlikely to materially affect near-term earnings. TechCrunch article on private Google Play apps
- Negative Sentiment: Several law firms publicized a securities-fraud class action against Alphabet concerning alleged misrepresentations about the development schedule and training setbacks for Gemini 3.5 Pro. The lead-plaintiff deadline is generally December 1, 2026. The announcements repeat allegations and do not establish wrongdoing, but they could weigh on sentiment and create potential legal costs. PR Newswire article on Alphabet securities lawsuit
Alphabet Company Profile
Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.
Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.
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