Spire Wealth Management Buys 4,776 Shares of Alphabet Inc. $GOOG

Spire Wealth Management grew its position in Alphabet Inc. (NASDAQ:GOOG) by 5.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,254 shares of the information services provider’s stock after purchasing an additional 4,776 shares during the quarter. Alphabet makes up about 0.8% of Spire Wealth Management’s investment portfolio, making the stock its 25th largest holding. Spire Wealth Management’s holdings in Alphabet were worth $22,712,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its position in shares of Alphabet by 580,897.4% in the second quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock valued at $23,963,208,000 after acquiring an additional 135,064,454 shares in the last quarter. Norges Bank bought a new stake in Alphabet during the 2nd quarter valued at approximately $4,298,572,000. Vanguard Group Inc. lifted its holdings in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in Alphabet by 73.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock worth $2,388,775,000 after purchasing an additional 4,154,929 shares during the period. Finally, Laurel Wealth Advisors LLC grew its holdings in Alphabet by 17,547.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock valued at $731,331,000 after buying an additional 4,099,366 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on GOOG shares. Robert W. Baird boosted their target price on shares of Alphabet from $215.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, September 22nd. BNP Paribas began coverage on shares of Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating on the stock. Barclays increased their price objective on shares of Alphabet from $250.00 to $315.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Truist Financial set a $350.00 target price on Alphabet in a report on Friday, December 5th. Finally, Rosenblatt Securities set a $279.00 target price on Alphabet in a research report on Thursday, October 30th. Seven analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $318.36.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple chose Google’s Gemini to power next‑generation Siri, creating a multi‑year licensing relationship that provides Google a large, high‑margin cloud customer and distribution into ~2bn Apple devices—an immediate revenue and strategic moat boost. Google and Apple enter into multi-year AI deal for Gemini models
• Positive Sentiment: Market optimism around AI and stronger cloud execution pushed Alphabet into the $4 trillion valuation club, reinforcing investor confidence that Gemini and Google Cloud can materially reshape growth and margins. Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
• Positive Sentiment: Analysts and sell‑side shops are raising targets and reiterating the bull case (TD Cowen raised its target to $355 and Jefferies highlighted the company’s data moat and cloud upside), supporting near‑term buy interest. TD Cowen raises price target Jefferies: data moat & cloud growth
• Neutral Sentiment: Market positioning and option flows show some traders view GOOG as still relatively undervalued to analyst targets; short‑dated put selling has been productive, which can moderate volatility but also signals crowded bullish positioning. Put yields and undervaluation note
• Neutral Sentiment: Alphabet plans to develop and manufacture high‑end smartphones in Vietnam this year—a strategic supply‑chain/production move that diversifies hardware execution but is not an immediate earnings driver. Google to develop, manufacture phones in Vietnam
• Negative Sentiment: Some investors and analysts warn valuation is stretched after a strong 2025 rally; several notes have shifted from “strong buy” to “buy” citing compressed upside and that much of the AI upside may already be priced in. Seeking Alpha: downgrade to Buy on valuation
• Negative Sentiment: Some funds trimmed GOOGL holdings in recent filings (reported reductions by a few managers), which could add selling pressure if larger managers follow suit; public criticism from industry figures (e.g., Elon Musk) adds headline noise but is unlikely to change fundamentals. Fund filing: Davenport trims GOOGL Musk criticizes Apple‑Google deal

Insider Buying and Selling

In other news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the sale, the insider owned 42,972 shares in the company, valued at approximately $13,531,453.08. This trade represents a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $308.19, for a total transaction of $184,914.00. Following the transaction, the director directly owned 3,916 shares of the company’s stock, valued at approximately $1,206,872.04. This represents a 13.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 192,087 shares of company stock valued at $58,525,556 over the last 90 days. 12.99% of the stock is currently owned by insiders.

Alphabet Stock Up 1.1%

Shares of NASDAQ:GOOG opened at $336.43 on Wednesday. The company has a market cap of $4.06 trillion, a price-to-earnings ratio of 33.18, a PEG ratio of 1.84 and a beta of 1.09. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $341.20. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The company has a 50-day moving average price of $309.04 and a 200 day moving average price of $252.82.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The business had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.12 earnings per share. As a group, equities research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.2%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio is presently 8.28%.

About Alphabet

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.