Sound View Wealth Advisors Group LLC decreased its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 5.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 59,354 shares of the information services provider’s stock after selling 3,182 shares during the quarter. Alphabet comprises 1.2% of Sound View Wealth Advisors Group LLC’s portfolio, making the stock its 21st biggest holding. Sound View Wealth Advisors Group LLC’s holdings in Alphabet were worth $18,625,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of the stock. Imprint Wealth LLC purchased a new position in Alphabet during the third quarter worth $31,000. Manning & Napier Advisors LLC purchased a new stake in shares of Alphabet in the third quarter valued at $32,000. Tripletail Wealth Management LLC bought a new stake in shares of Alphabet in the 3rd quarter worth about $40,000. Retirement Wealth Solutions LLC lifted its holdings in shares of Alphabet by 145.0% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after acquiring an additional 116 shares during the last quarter. Finally, Bay Harbor Wealth Management LLC boosted its stake in shares of Alphabet by 56.8% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock worth $53,000 after purchasing an additional 79 shares during the period. Institutional investors own 27.26% of the company’s stock.
Alphabet Trading Down 3.3%
GOOG stock opened at $289.20 on Wednesday. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The firm’s 50-day moving average is $316.04 and its 200 day moving average is $294.86. The company has a market capitalization of $3.50 trillion, a PE ratio of 26.75, a P/E/G ratio of 1.75 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.
Alphabet Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 7.77%.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: DeepMind expands robotics AI work—Alphabet’s DeepMind will integrate Gemini Robotics foundation models with Agile Robots’ hardware, advancing robotics capabilities and supporting long‑term AI monetization and product leadership. Google partners with Agile Robots, growing its AI robotics footprint
- Positive Sentiment: Gemini commerce rollout—Gap will enable checkout inside Google’s Gemini, a sign that Alphabet is starting to capture direct commerce revenue and broaden Gemini’s commercial use cases. That supports the AI monetization narrative. Gap becomes the first major fashion company to offer checkout within Google’s Gemini
- Positive Sentiment: Analyst optimism remains—Wall Street price targets and buy ratings stay elevated (median targets well above the current price), which provides upside support over a multi‑month horizon. Alphabet Stock (GOOG) Opinions on Earnings Release
- Neutral Sentiment: Google Cloud business wins and partnerships—BMO/CME plan tokenized cash on Google Cloud and other enterprise collaborations continue to validate cloud demand, but revenue timing and margins will matter. BMO to launch tokenized cash platform with CME and Google Cloud
- Neutral Sentiment: New operational initiatives—Wing’s planned drone deliveries in the SF Bay Area and other hardware efforts show progress but will require continued capital and regulatory approvals. Alphabet’s Wing to start drone delivery in San Francisco Bay Area
- Neutral Sentiment: Operational constraints flagged—Alphabet executives warned the U.S. may need more power development to scale AI data centers, highlighting capex and infrastructure dependency. CERAWEEK US needs more energy development to power AI, Google president says
- Neutral Sentiment: Short‑interest reporting appears noisy—several data sources show large short‑interest changes but the published figures (0 shares) are likely reporting errors; treat short‑interest signals with caution.
- Negative Sentiment: Regulatory scrutiny—EU antitrust officials are meeting with Alphabet’s CEO amid growing scrutiny of Big Tech’s AI power, a near‑term headwind that can increase uncertainty and re‑rate multiples. EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny
- Negative Sentiment: Technical weakness—traders are pointing to a head‑and‑shoulders breakdown and failing support levels, which can amplify selling in the short term as algorithmic and momentum funds react. Alphabet Stock (GOOGL) Opinions on Technical Breakdown and AI Developments
- Negative Sentiment: Insider selling—public data shows significant insider sales by executives over recent months, which can be interpreted negatively by some investors even if sales are for diversification or compensation reasons. Alphabet Stock (GOOG) Opinions on Earnings Release
Analysts Set New Price Targets
Several brokerages recently commented on GOOG. Wedbush reiterated an “outperform” rating and set a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Citigroup restated a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $375.00 target price on shares of Alphabet in a research note on Thursday, January 15th. DZ Bank upgraded Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Finally, DA Davidson set a $300.00 price target on Alphabet in a research note on Tuesday, November 25th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $345.71.
Get Our Latest Stock Report on Alphabet
Insider Transactions at Alphabet
In related news, Director Frances Arnold sold 112 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the transaction, the director owned 18,418 shares of the company’s stock, valued at $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director owned 4,631 shares in the company, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,110,165 shares of company stock valued at $118,134,117 in the last ninety days. Corporate insiders own 12.99% of the company’s stock.
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.
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