Hofer & Associates. Inc Buys Shares of 1,700 Alphabet Inc. $GOOG

Hofer & Associates. Inc bought a new stake in Alphabet Inc. (NASDAQ:GOOG) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,700 shares of the information services provider’s stock, valued at approximately $414,000.

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

Insider Transactions at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $250.15, for a total value of $8,129,875.00. Following the completion of the sale, the chief executive officer directly owned 2,369,619 shares of the company’s stock, valued at approximately $592,760,192.85. This represents a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $288.26, for a total transaction of $800,786.28. Following the transaction, the chief accounting officer directly owned 11,739 shares in the company, valued at $3,383,884.14. This trade represents a 19.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 195,465 shares of company stock worth $57,056,497 over the last three months. 12.99% of the stock is currently owned by insiders.

Alphabet Stock Performance

Shares of GOOG opened at $317.32 on Tuesday. The company has a market capitalization of $3.83 trillion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 1.74 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. Alphabet Inc. has a one year low of $142.66 and a one year high of $328.67. The company’s fifty day moving average price is $303.20 and its 200 day moving average price is $246.23.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.58. The company 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 firm’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the business posted $2.12 earnings per share. As a group, analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Guggenheim reaffirmed a “buy” rating and set a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. KeyCorp reaffirmed an “overweight” rating and set a $330.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. Loop Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. BNP Paribas began coverage on shares of Alphabet in a research note on Monday, November 24th. They set an “outperform” rating on the stock. Finally, Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $314.64.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Jefferies raised its price target to $365 and reiterated Buy, citing Google Cloud’s strong growth trajectory and Alphabet’s “data moat” — an analyst move that often draws inflows and supports higher valuations. Alphabet (GOOGL) Stock: Jefferies Raises Price Target to $365 on Google Cloud Growth
• Positive Sentiment: Broad analyst upgrades and higher price targets (multiple firms raising outlooks) are boosting sentiment — Market and social chatter highlights Gemini AI, AI-driven ad upside and sustained Cloud expansion as the fundamental drivers. Alphabet Stock (GOOGL) Opinions on AI and Cloud Growth
• Positive Sentiment: Samsung plans to double devices using Google’s Gemini to ~800M units this year — a major distribution win that should drive user engagement with Gemini-powered features and strengthen Google’s platform reach. Samsung to double mobile devices powered by Google’s Gemini to 800 mln units this year
• Positive Sentiment: Alphabet is accelerating patent filings around its Tensor Processing Units (TPUs), signaling a push to capture more AI infrastructure demand and reduce reliance on rivals’ chips — a long‑term revenue/competitive positive if commercialized. Google (GOOGL) accelerates AI chip patents as Big Tech moves to cut Nvidia reliance
• Neutral Sentiment: Large institutional moves show both significant additions (UBS AM, Berkshire, FMR) and some trimming (Morgan Stanley). Institutional flows can amplify momentum but also mean profit‑taking risk — watch 13F updates and block trades. Alphabet Stock (GOOGL) Opinions on AI and Cloud Growth
• Neutral Sentiment: Media and retail lists rank Alphabet among top 2026 picks (reflecting strong momentum), but consensus price targets are mixed — upside is increasingly tied to continued Cloud and AI execution rather than ad recovery alone. MarketBeat coverage of Alphabet (GOOGL)
• Negative Sentiment: Insiders have sold heavily over the past six months (notably CEO Sundar Pichai), which can worry some investors about timing of sales and reduce confidence despite public-positive results. Alphabet Stock (GOOGL) Opinions on AI and Cloud Growth
• Negative Sentiment: Reuters reported corruption charges against an ex‑Indonesian minister tied to a Google laptop procurement matter — a reputational/legal headline that is regionally specific and unlikely to hit core U.S. revenue but still a near‑term negative headline. Ex-Indonesian minister faces graft charges over Google laptop procurement

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.