LeConte Wealth Management LLC raised its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 197.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,594 shares of the information services provider’s stock after acquiring an additional 2,386 shares during the period. Alphabet accounts for about 0.6% of LeConte Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. LeConte Wealth Management LLC’s holdings in Alphabet were worth $875,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. IFS Advisors LLC grew its stake in Alphabet by 400.0% during the 2nd quarter. IFS Advisors LLC now owns 150 shares of the information services provider’s stock worth $27,000 after buying an additional 120 shares during the last quarter. Robbins Farley boosted its holdings in shares of Alphabet by 60.0% during the second quarter. Robbins Farley now owns 160 shares of the information services provider’s stock valued at $28,000 after acquiring an additional 60 shares during the period. WestEnd Advisors LLC grew its position in shares of Alphabet by 58.7% during the second quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider’s stock worth $29,000 after acquiring an additional 61 shares during the last quarter. Fairman Group LLC increased its holdings in shares of Alphabet by 121.3% in the 2nd quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock worth $31,000 after acquiring an additional 97 shares during the period. Finally, University of Illinois Foundation bought a new stake in Alphabet in the 2nd quarter valued at about $31,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Q3/Q4 earnings and company results flagged resiliency and upside vs. expectations — analysts point to strong ad and cloud performance that underpin near‑term earnings. Alphabet (GOOG) Reported Strong Results Despite AI Disruption
- Positive Sentiment: Google Gemini adoption is surging (massive YoY growth and market‑share gains vs. ChatGPT), a direct revenue/engagement tailwind for Search, YouTube and Cloud monetization. Google Gemini & YouTube: GOOGL Digital Fortresses to Fend Off ChatGPT
- Positive Sentiment: Cloud momentum and AI infrastructure (including custom chips) are driving >30% cloud growth and improving unit economics versus peers — supports longer‑term margin expansion. Ranking the Best “Magnificent Seven” Stocks to Buy for 2026. Here’s My No.
- Positive Sentiment: Street sentiment is warming: heavy analyst upgrades and bullish price targets (MarketBeat/TipRanks highlight double‑digit upside and a consensus lift in coverage). The 5 Most Upgraded Stocks from 2025: Double-Digit Upside in 2026 (Alphabet coverage)
- Positive Sentiment: Corporate development win — SandboxAQ (Alphabet spin‑off) landed a major Bahrain cyber contract, showing diversification into government/security revenue streams. Alphabet (GOOGL) Spin Off SandboxAQ Wins Major Government Cyber Deal in Bahrain
- Neutral Sentiment: Market commentary notes Alphabet’s re‑rating into an AI growth multiple — supports higher targets but raises valuation sensitivity to AI execution and capex. Alphabet Isn’t a Search and Ad Company Anymore. Now It’s Valued Like an AI Stock
- Negative Sentiment: Regulatory/legal risk: reports indicate a DOJ probe tied to company DEI policies — an added political/regulatory overhang that could amplify volatility or lead to enforcement headlines. Trump’s Justice Department probes Google, Verizon over DEI policies, citing fraud law: report
Analysts Set New Price Targets
Read Our Latest Stock Report on GOOG
Insider Activity
In other news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the sale, the insider directly owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This trade represents a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction on Monday, December 1st. The stock was sold at an average price of $317.66, for a total value of $32,401.32. Following the completion of the transaction, the director owned 18,104 shares in the company, valued at $5,750,916.64. The trade was a 0.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 195,363 shares of company stock valued at $57,024,525 in the last ninety days. 12.99% of the stock is owned by company insiders.
Alphabet Trading Up 0.0%
Shares of Alphabet stock opened at $314.54 on Wednesday. The business has a fifty day simple moving average of $298.73 and a 200-day simple moving average of $242.31. The firm has a market cap of $3.80 trillion, a price-to-earnings ratio of 31.02, a price-to-earnings-growth ratio of 1.81 and a beta of 1.07. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $328.67. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06.
Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The firm had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. During the same period in the previous year, the business earned $2.12 earnings per share. Alphabet’s revenue for the quarter was up 15.9% compared to the same quarter last year. On average, equities analysts forecast that Alphabet Inc. will post 8.89 EPS for the current fiscal year.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 8.28%.
Alphabet Profile
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.
Further Reading
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