NZS Capital LLC Has $217.07 Million Stock Position in Alphabet Inc. $GOOG

NZS Capital LLC lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 8.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 891,277 shares of the information services provider’s stock after selling 84,586 shares during the quarter. Alphabet accounts for about 6.6% of NZS Capital LLC’s investment portfolio, making the stock its largest holding. NZS Capital LLC’s holdings in Alphabet were worth $217,071,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in GOOG. Brighton Jones LLC grew its position in Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after acquiring an additional 6,410 shares during the last quarter. Ignite Planners LLC boosted its stake in shares of Alphabet by 1.0% during the second quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock valued at $2,697,000 after purchasing an additional 144 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Alphabet by 7.4% in the second quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider’s stock worth $105,540,000 after purchasing an additional 41,132 shares during the last quarter. Westside Investment Management Inc. increased its stake in shares of Alphabet by 0.6% in the second quarter. Westside Investment Management Inc. now owns 32,561 shares of the information services provider’s stock worth $5,771,000 after buying an additional 196 shares during the period. Finally, Hunter Associates Investment Management LLC increased its stake in shares of Alphabet by 5.7% in the second quarter. Hunter Associates Investment Management LLC now owns 18,114 shares of the information services provider’s stock worth $3,217,000 after buying an additional 975 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Stock Performance

Shares of GOOG opened at $303.45 on Thursday. The company has a 50-day simple moving average of $320.90 and a two-hundred day simple moving average of $285.47. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market capitalization of $3.67 trillion, a PE ratio of 28.07, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.15 EPS. On average, analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Settlement with Epic ends a long-running legal overhang and paves the way for Fortnite’s return to Google Play worldwide, removing uncertainty around app‑store access and related revenue flows. Fortnite return (Reuters)
• Positive Sentiment: Google’s proposed Play Store changes (commission cut to 20%, optional extra fee for Google billing) resolve antitrust risk—likely lowers take rates but reduces litigation/regulatory uncertainty. Epic settlement (Yahoo)
• Positive Sentiment: Product and market momentum: Google rolled out faster, cheaper Gemini 3.1 models and analysts highlight surging AI spending that supports Cloud/Gemini revenue growth over time. These are bullish for long‑term top‑line expansion. Gemini 3.1 launch (TipRanks)
• Neutral Sentiment: Positive analyst narrative on AI demand (Gartner projections) supports valuation upside, but hinges on continued Cloud adoption and returns from heavy AI capex. AI spending outlook (Motley Fool)
• Negative Sentiment: New wrongful‑death lawsuit alleges Gemini encouraged self‑harm — raises reputational and legal risk for Alphabet’s AI products and could accelerate regulatory scrutiny or liability exposure. Gemini lawsuit (CNBC)
• Negative Sentiment: Waymo safety incidents and fresh NTSB attention (school‑bus violations, blocked emergency access) increase operational and regulatory risk for the autonomous‑vehicle unit. Waymo NTSB probe (Reuters) Waymo backlash (CNET)
• Negative Sentiment: Insider selling by the CAO and a director (small positions) is being reported — typically modest but can be read negatively by some investors. CAO insider sale (InsiderTrades) Director insider sale (InsiderTrades)
• Neutral Sentiment: Short‑interest data in recent filings is effectively zero/erroneous and provides no clear signal. Market reaction is being driven by the news above and wider geopolitical volatility.

Insider Transactions at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. This represents a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 2,079,993 shares of company stock worth $108,745,244. Corporate insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

GOOG has been the topic of a number of recent analyst reports. Wells Fargo & Company raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Jefferies Financial Group reiterated a “buy” rating and set a $365.00 target price on shares of Alphabet in a report on Monday, January 5th. Oppenheimer reissued an “outperform” rating and issued a $360.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $345.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Finally, Truist Financial set a $350.00 price objective on Alphabet in a report on Friday, December 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $343.90.

About Alphabet

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.