Prime Capital Investment Advisors LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 2.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 216,535 shares of the information services provider’s stock after selling 4,555 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Alphabet were worth $52,737,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of GOOG. Brighton Jones LLC raised its holdings in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after purchasing an additional 6,410 shares during the period. Ignite Planners LLC lifted its position in shares of Alphabet by 1.0% during the 2nd quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock worth $2,697,000 after buying an additional 144 shares in the last quarter. SLT Holdings LLC lifted its holdings in Alphabet by 14.9% during the second quarter. SLT Holdings LLC now owns 4,164 shares of the information services provider’s stock worth $739,000 after acquiring an additional 539 shares during the period. JNBA Financial Advisors boosted its stake in Alphabet by 2.9% in the second quarter. JNBA Financial Advisors now owns 10,606 shares of the information services provider’s stock valued at $1,881,000 after acquiring an additional 300 shares during the last quarter. Finally, Applied Capital LLC FL grew its stake in shares of Alphabet by 0.9% during the 2nd quarter. Applied Capital LLC FL now owns 25,527 shares of the information services provider’s stock worth $4,528,000 after acquiring an additional 234 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.
Insider Buying and Selling at Alphabet
In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Amie Thuener O’toole sold 933 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total transaction of $314,001.15. Following the sale, the chief accounting officer directly owned 9,916 shares of the company’s stock, valued at approximately $3,337,229.80. This represents a 8.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,069,864 shares of company stock worth $105,985,041. Insiders own 12.99% of the company’s stock.
Alphabet Price Performance
Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company’s revenue was up 18.0% on a year-over-year basis. During the same period last year, the company earned $2.15 earnings per share. Analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.
Alphabet Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Scotiabank reiterated an Outperform and lifted its price target to $400, citing Google’s solid results and AI positioning — a bullish analyst signal that supports upside expectations. Scotiabank Maintains its Outperform Rating on Alphabet Inc. (GOOGL)
- Positive Sentiment: EU regulators cleared Alphabet’s $32B Wiz acquisition unconditionally, removing a major regulatory overhang and making the deal a nearer-term strategic win for Google Cloud/security. Google secures EU antitrust approval for $32 billion Wiz acquisition
- Positive Sentiment: Google is adding shopping/ad formats into AI Search and Gemini, opening a new direct monetization channel for AI answers — potential incremental ad/commerce revenue. Google Weaves New Shopping Feature Into Search and Gemini
- Positive Sentiment: Institutional flows show conviction from some large investors: Egerton opened a ~$338.5M GOOG position and several funds (e.g., TD Asset Management, Homestead) added shares in recent filings — signals of continued institutional demand. Egerton opens new $338.5M GOOG position
- Positive Sentiment: Alphabet participated in a major robotics/AI funding round (Apptronik), underscoring strategic bets and partnerships in robotics and AI ecosystems. Apptronik raises $520M with backing from Google
- Neutral Sentiment: Fund-level portfolio moves are mixed: some managers trimmed GOOG while others added sizeable allocations — useful for tracking flow but mixed near-term directional impact. (Various 13F updates)
- Negative Sentiment: Alphabet’s unusually large debt raise (century bond and >$20–$30B offering) has spooked some investors — analysts and headlines flagged “debt anxiety,” and the fundraising is cited as a key reason for short-term selling despite strong demand for the bonds. Alphabet sells bonds worth $20 billion to fund AI spending
- Negative Sentiment: Privacy/regulatory risk: reporting that Google disclosed a student journalist’s personal/financial data to ICE without a judge-approved subpoena raises reputational and potential regulatory scrutiny risks. Google sent personal and financial information of student journalist to ICE
Analyst Ratings Changes
Several brokerages recently commented on GOOG. Truist Financial set a $350.00 price objective on shares of Alphabet in a research note on Friday, December 5th. Raymond James Financial upgraded Alphabet from an “outperform” rating to a “strong-buy” rating and boosted their target price for the stock from $315.00 to $400.00 in a research report on Thursday, January 22nd. Loop Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. BNP Paribas Exane assumed coverage on shares of Alphabet in a report on Monday, November 24th. They set an “outperform” rating for the company. Finally, Cantor Fitzgerald reiterated a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average price target of $343.47.
View Our Latest Research Report on Alphabet
Alphabet Company 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.
Recommended Stories
- Five stocks we like better than Alphabet
- Is THIS the Next Big Money Rush?
- Wall Street Legend Names #1 Stock of 2026 Live On-Camera
- Trump’s Hand-Written Letter Will Shock his Haters
- ISPC: From Small Cap to Life Sciences Market Disruptor!
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.
