BlueSky Wealth Advisors LLC Sells 1,600 Shares of Alphabet Inc. $GOOG

BlueSky Wealth Advisors LLC lessened its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 5.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 29,362 shares of the information services provider’s stock after selling 1,600 shares during the period. Alphabet makes up about 1.0% of BlueSky Wealth Advisors LLC’s holdings, making the stock its 23rd biggest position. BlueSky Wealth Advisors LLC’s holdings in Alphabet were worth $7,151,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of GOOG. Brighton Jones LLC lifted its position in Alphabet by 5.6% in 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 last quarter. Nicholas Hoffman & Company LLC. increased its stake in shares of Alphabet by 4.0% in the first quarter. Nicholas Hoffman & Company LLC. now owns 25,146 shares of the information services provider’s stock worth $3,929,000 after buying an additional 976 shares during the period. Samalin Investment Counsel LLC raised its holdings in Alphabet by 12.4% during the 1st quarter. Samalin Investment Counsel LLC now owns 3,364 shares of the information services provider’s stock valued at $526,000 after buying an additional 371 shares during the last quarter. Warwick Investment Management Inc. raised its holdings in Alphabet by 38.3% during the 1st quarter. Warwick Investment Management Inc. now owns 3,481 shares of the information services provider’s stock valued at $544,000 after buying an additional 964 shares during the last quarter. Finally, Ieq Capital LLC boosted its position in Alphabet by 31.6% during the 1st quarter. Ieq Capital LLC now owns 864,029 shares of the information services provider’s stock valued at $134,987,000 after buying an additional 207,571 shares during the period. 27.26% of the stock is owned by institutional investors.

Alphabet Stock Down 0.1%

Shares of NASDAQ:GOOG opened at $315.47 on Thursday. The firm has a market capitalization of $3.81 trillion, a P/E ratio of 31.11, a P/E/G ratio of 1.82 and a beta of 1.07. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a 50 day moving average price of $293.83 and a 200-day moving average price of $238.02. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $328.67.

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

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is presently 8.28%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to buy Intersect Power for roughly $4.75B to secure clean energy and data‑center build capacity — a strategic, near‑term solution to power constraints for AI workloads that supports faster cloud/AI deployments and reduces execution risk on capacity. Intersect acquisition
• Positive Sentiment: Google Cloud momentum: analysts and reports point to strong enterprise AI demand, a large backlog (~$155B reported) and major security deals (multi‑year Palo Alto tie‑ups) that underpin durable revenue and margin upside for the cloud business. Google Cloud outlook
• Neutral Sentiment: Market/analyst positioning: several firms reiterated or raised targets and ratings (BMO, Citi, others), and MarketBeat frames the recent pullback as consolidation not trend breakdown — supports longer‑term investor conviction but is less likely to trigger sharp moves absent new fundamentals. Analyst sentiment & pullback
• Neutral Sentiment: Nvidia licensed Groq tech and hired Groq engineers — important for AI chip competition and infra dynamics but only an indirect/medium‑term factor for Alphabet (affects cloud GPU/TPU competitive landscape). Nvidia-Groq deal
• Negative Sentiment: Waymo operational issue: a San Francisco power outage stalled robotaxis, prompting fleetwide software updates and a regulator review — a reputational and regulatory risk that could slow commercialization timelines or invite oversight. Waymo outage & response
• Negative Sentiment: Short interest has risen materially in December (roughly +34.8% from late November to ~56.15M shares as of Dec. 15), which increases downside pressure and could amplify volatility on negative headlines or weak tape days.
• Negative Sentiment: Legal risk: a high‑profile suit alleges unlawful use of copyrighted material to train AI models (plaintiff includes NYT reporter John Carreyrou) — a sector‑wide legal exposure that could produce litigation costs or constraints on model training practices. NYT reporter lawsuit

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $250.05, for a total transaction of $694,638.90. Following the completion of the transaction, the chief accounting officer owned 14,516 shares of the company’s stock, valued at approximately $3,629,725.80. This trade represents a 16.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $250.15, for a total transaction of $8,129,875.00. Following the transaction, the chief executive officer owned 2,369,619 shares of the company’s stock, valued at $592,760,192.85. The trade was a 1.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 228,906 shares of company stock valued at $63,984,117 in the last three months. Company insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

GOOG has been the subject of several recent analyst reports. Wolfe Research upped their price objective on shares of Alphabet from $290.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Jefferies Financial Group upped their price target on Alphabet from $285.00 to $320.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. lifted their price objective on Alphabet from $260.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, October 27th. Truist Financial set a $350.00 target price on Alphabet in a research note on Friday, December 5th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus price target of $313.04.

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.