SBI Securities Co. Ltd. Lowers Stake in Alphabet Inc. $GOOG

SBI Securities Co. Ltd. cut its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 3.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 166,562 shares of the information services provider’s stock after selling 6,193 shares during the quarter. Alphabet comprises 1.0% of SBI Securities Co. Ltd.’s portfolio, making the stock its 18th biggest position. SBI Securities Co. Ltd.’s holdings in Alphabet were worth $40,566,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Robinson Smith Wealth Advisors LLC increased its stake in Alphabet by 1.8% during the third quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock valued at $504,000 after purchasing an additional 36 shares during the last quarter. Searle & CO. boosted its holdings in shares of Alphabet by 0.6% in the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock valued at $1,389,000 after buying an additional 36 shares during the period. BankPlus Wealth Management LLC grew its position in shares of Alphabet by 1.2% during the 3rd quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock valued at $766,000 after buying an additional 37 shares during the last quarter. Activest Wealth Management grew its position in shares of Alphabet by 0.5% during the 3rd quarter. Activest Wealth Management now owns 7,997 shares of the information services provider’s stock valued at $1,948,000 after buying an additional 38 shares during the last quarter. Finally, Cedar Mountain Advisors LLC raised its stake in Alphabet by 11.8% during the third quarter. Cedar Mountain Advisors LLC now owns 370 shares of the information services provider’s stock worth $90,000 after acquiring an additional 39 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Stock Down 1.8%

GOOG stock opened at $318.63 on Wednesday. The firm has a market cap of $3.84 trillion, a PE ratio of 29.48, a P/E/G ratio of 1.92 and a beta of 1.10. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. 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 50 day simple moving average of $322.56 and a 200 day simple moving average of $273.75.

Alphabet (NASDAQ:GOOG) last posted its quarterly 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. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same quarter in the previous year, the business posted $2.15 earnings per share. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. Equities research analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business 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 dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s payout ratio is presently 7.77%.

Insider Activity

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This trade represents a 23.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 2,070,464 shares of company stock valued at $106,153,077. 12.99% of the stock is currently owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: EU regulators gave unconditional approval to Alphabet’s proposed $32B acquisition of Wiz, removing a major regulatory overhang on that deal. Google secures EU antitrust approval for $32 billion Wiz acquisition
• Positive Sentiment: Investor demand for the debt was strong — the offering was increased and reports say total take exceeded $30B — signaling appetite for high‑quality corporate debt and Alphabet’s credit. Alphabet boosts debt sale again as total raise exceeds $30 billion, sources say
• Positive Sentiment: Several institutional filings show portfolio additions to GOOG in recent 13F updates, indicating continued long‑term buyer interest from some funds. HOMESTEAD ADVISERS CORP added GOOG shares
• Neutral Sentiment: The 100‑year, 6.125% bond is a rare, strategic move: it locks long‑term funding for AI capex but introduces unique duration and inflation risks that investors must price differently than normal corporate debt. Alphabet to sell rare 100-year bond to fund AI expansion, memo
• Neutral Sentiment: Fundamental backdrop remains solid: strong Q4 results and robust Google Cloud growth support the capex plan, but heavier spending guidance raises near‑term cash‑flow questions. Alphabet Q4 takeaway: Doubling down on cloud and AI investments
• Negative Sentiment: Market reaction skewed negative as some investors interpret the massive debt raise and century bond as “sticker shock,” prompting selling and short‑term anxiety about leverage and capital allocation. Google Stock Stalls as $20B Century Bond Sale Sparks Debt Anxiety
• Negative Sentiment: Reputational and legal headlines (a TechCrunch report about data handed to ICE, trademark suit by Autodesk, ongoing trials) add regulatory/PR risk that can pressure sentiment. Google sent personal and financial information of student journalist to ICE
• Negative Sentiment: Notable insider selling and some fund reductions were reported this week, which can exacerbate downward pressure when combined with the debt headlines. Mawer Investment Management decreased GOOG holdings

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GOOG. Canaccord Genuity Group lifted their target price on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. Wedbush reissued an “outperform” rating and issued a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Scotiabank restated an “outperform” rating and set a $400.00 price objective (up previously from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $370.00 price objective on shares of Alphabet in a research note on Tuesday, January 20th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $400.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and a consensus target price of $343.47.

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.