Alphabet Inc. $GOOG Stock Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. lowered its holdings in Alphabet Inc. (NASDAQ:GOOG) by 1.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 120,925 shares of the information services provider’s stock after selling 1,834 shares during the quarter. Alphabet accounts for about 2.6% of YHB Investment Advisors Inc.’s holdings, making the stock its 7th biggest position. YHB Investment Advisors Inc.’s holdings in Alphabet were worth $41,204,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in GOOG. Titleist Asset Management LLC increased its position in Alphabet by 3.1% during the 3rd quarter. Titleist Asset Management LLC now owns 32,860 shares of the information services provider’s stock worth $11,197,000 after purchasing an additional 987 shares in the last quarter. Everhart Financial Group Inc. boosted its position in Alphabet by 1.6% during the third quarter. Everhart Financial Group Inc. now owns 42,263 shares of the information services provider’s stock worth $14,401,000 after acquiring an additional 663 shares during the last quarter. Veracity Capital LLC boosted its holdings in shares of Alphabet by 8.6% during the third quarter. Veracity Capital LLC now owns 7,955 shares of the information services provider’s stock worth $2,711,000 after purchasing an additional 630 shares during the last quarter. New Covenant Trust Company N.A. grew its position in shares of Alphabet by 15.2% in the third quarter. New Covenant Trust Company N.A. now owns 6,103 shares of the information services provider’s stock valued at $2,080,000 after purchasing an additional 806 shares during the period. Finally, Quintet Private Bank Europe S.A. grew its position in shares of Alphabet by 35.1% in the third quarter. Quintet Private Bank Europe S.A. now owns 147,958 shares of the information services provider’s stock valued at $50,415,000 after purchasing an additional 38,467 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Stock Down 1.1%

GOOG traded down $3.65 during trading hours on Thursday, reaching $343.72. 7,689,946 shares of the stock traded hands, compared to its average volume of 20,393,688. Alphabet Inc. has a fifty-two week low of $236.68 and a fifty-two week high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The company has a market cap of $4.20 trillion, a price-to-earnings ratio of 17.27, a PEG ratio of 1.00 and a beta of 1.19. The firm’s fifty day simple moving average is $342.92 and its two-hundred day simple moving average is $346.43.

Alphabet (NASDAQ:GOOG) 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 the consensus estimate of $2.87 by $6.24. The company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.Alphabet’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.31 EPS. As a group, analysts forecast that Alphabet Inc. will post 20.55 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 4.42%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Gemini advances in enterprise AI. Alphabet introduced a new Gemini agent capable of completing tasks across workplace applications, intensifying competition with OpenAI and Microsoft while potentially expanding Google Cloud and Workspace adoption. Google Escalates the AI Agent Wars With Its New Gemini Agent
• Positive Sentiment: Long-term power agreements support AI expansion. Alphabet is backing major energy projects, including a reported $4.3 billion, 20-year Constellation nuclear arrangement for 890 megawatts and a $1.8 billion Black Hills natural-gas and microgrid project in Wyoming. Securing dedicated power could reduce data-center bottlenecks and support future AI and cloud growth. Google’s nuclear shortcut hands one power stock a record deal
• Positive Sentiment: Alphabet’s AI ecosystem is broadening. Isomorphic Labs is reportedly seeking funding at a valuation of $40 billion to $50 billion, while Waymo secured a $5 billion loan for robotaxi expansion. These developments highlight potentially valuable businesses beyond search and advertising. Alphabet’s Isomorphic Labs seeks valuation of at least $40 billion
• Positive Sentiment: Wall Street remains broadly bullish. Commentary emphasizes Alphabet’s lower valuation relative to some large technology peers, strong search cash generation and potential AI-driven growth, with consensus price targets above recent trading levels.
• Neutral Sentiment: New products may create longer-term optionality. Alphabet is partnering with Unity on an AI-powered game-creation platform, expanding SynthID tools for identifying AI-generated media and deploying Gemini with financial-services customers. Revenue benefits are not yet quantified.
• Negative Sentiment: Several law firms publicized a securities class action. The lawsuit alleges that Alphabet and senior executives misled investors about Gemini development and performance. Multiple firms cited November 30 or December 1 lead-plaintiff deadlines; the announcements may weigh on sentiment, although the allegations remain unproven. Alphabet securities class action announcement
• Negative Sentiment: Investment and regulatory risks remain. Construction on two Finland data centers was halted pending environmental assessments. Separately, analysts have warned that Alphabet’s premium valuation leaves little room for error as AI spending rises, free cash flow turns negative and debt increases.

Insider Buying and Selling at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 441,399 shares of company stock worth $8,677,053 in the last ninety days. 12.99% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on GOOG shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $420.00 price objective (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Wolfe Research restated an “outperform” rating on shares of Alphabet in a report on Thursday, August 27th. Rosenblatt Securities assumed coverage on shares of Alphabet in a research report on Thursday, August 20th. They set a “buy” rating for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Friday, July 17th. Finally, HSBC set a $515.00 price objective on shares of Alphabet in a research note on Friday, August 14th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus price target of $421.95.

About Alphabet

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.