Alphabet Inc. $GOOG Stock: Sax Wealth Advisors LLC Grows Stake

Sax Wealth Advisors LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOG) by 105.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,656 shares of the information services provider’s stock after purchasing an additional 32,167 shares during the period. Sax Wealth Advisors LLC’s holdings in Alphabet were worth $21,349,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC raised its position in shares of Alphabet by 95.4% during the third quarter. NorthCrest Asset Manangement LLC now owns 94,364 shares of the information services provider’s stock valued at $32,542,000 after buying an additional 46,060 shares during the last quarter. Consolidated Capital Management LLC increased its stake in Alphabet by 6.1% in the 3rd quarter. Consolidated Capital Management LLC now owns 4,354 shares of the information services provider’s stock worth $1,484,000 after acquiring an additional 251 shares during the last quarter. Integrated Financial Solutions Inc. boosted its position in shares of Alphabet by 6.2% during the 3rd quarter. Integrated Financial Solutions Inc. now owns 721 shares of the information services provider’s stock valued at $246,000 after acquiring an additional 42 shares during the last quarter. Sacks & Associates LLC bought a new position in shares of Alphabet during the 3rd quarter valued at approximately $1,247,000. Finally, HF Advisory Group LLC increased its position in Alphabet by 10.2% in the third quarter. HF Advisory Group LLC now owns 20,554 shares of the information services provider’s stock worth $7,004,000 after purchasing an additional 1,897 shares during the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s cloud business remains a key bullish theme. Reports highlighted a roughly $514 billion cloud backlog, rapid Google Cloud growth, and increasing demand for AI infrastructure. Comparisons with Amazon suggest Alphabet may be converting substantial data-center investment into growth at an accelerating pace. Between Amazon and Alphabet One’s Gotten Much More Bang for Their 200 Billion Bucks
• Positive Sentiment: Analysts continue to identify upside potential in Alphabet, citing its dominant search ecosystem, expanding cloud operations, AI Mode adoption and long-term earnings outlook. Erste Group modestly raised its FY2027 EPS forecast to $15.01 from $14.99. Why Google Offers Asymmetric Upside Potential
• Positive Sentiment: Alphabet’s agreement with Constellation Energy to secure approximately 3.6 gigawatts of nuclear power supports the company’s ability to meet rising electricity needs from AI data centers and could improve long-term infrastructure reliability. Nuclear ETFs in Spotlight as Google and Constellation Sign 3.6 GW Deal
• Positive Sentiment: New consumer-health initiatives, including partnerships with Flo Health and Function Health and the launch of the $180 Fitbit Edge, expand Alphabet’s health, wearable and engagement opportunities beyond core advertising. Fitbit Edge is Google’s Middle Ground Between Fitbit Air and Pixel Watch
• Neutral Sentiment: Multiple law firms publicized a securities class action involving investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege Alphabet misrepresented delays involving its Gemini 3.5 Pro AI model; the claims have not been adjudicated. The lead-plaintiff deadline is in late November or December, depending on the notice. Kaplan Fox Alphabet Securities Class Action Notice
• Negative Sentiment: Some analysis cautioned that Alphabet’s recent EPS strength included substantial paper gains, while data-center capital spending exceeded operating cash generation in the quarter. That raises questions about near-term free cash flow and returns on AI investment. Is Alphabet’s Cloud Growth Masking a Paper EPS Gain?

Analysts Set New Price Targets

Several research analysts recently commented on the company. Oppenheimer reiterated an “outperform” rating and issued a $400.00 price target (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. DA Davidson reduced their price objective on shares of Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. Sanford C. Bernstein dropped their price objective on Alphabet from $390.00 to $385.00 and set a “market perform” rating for the company in a report on Thursday, July 23rd. Stifel Nicolaus set a $485.00 price target on shares of Alphabet in a research note on Thursday, October 8th. Finally, Citigroup restated a “market outperform” rating on shares of Alphabet in a research note on Friday. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $421.95.

Alphabet Stock Up 0.6%

NASDAQ:GOOG traded up $2.20 during mid-day trading on Tuesday, hitting $351.17. 6,625,395 shares of the company’s stock traded hands, compared to its average volume of 20,267,057. Alphabet Inc. has a twelve month low of $241.18 and a twelve month high of $404.47. The company has a market capitalization of $4.29 trillion, a P/E ratio of 17.63, a P/E/G ratio of 1.01 and a beta of 1.19. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company has a fifty day moving average of $342.49 and a 200 day moving average of $347.52.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. The company 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% on a year-over-year basis. During the same period in the previous year, the firm posted $2.31 earnings per share. On average, analysts forecast that Alphabet Inc. will post 20.54 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were given a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is 4.42%.

Insider Buying and Selling

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 441,399 shares of company stock valued at $8,677,053. 12.99% of the stock is owned by corporate insiders.

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.