Chronos Wealth Management LLC Cuts Holdings in Alphabet Inc. $GOOG

Chronos Wealth Management LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,455 shares of the information services provider’s stock after selling 1,920 shares during the quarter. Alphabet makes up 7.8% of Chronos Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Chronos Wealth Management LLC’s holdings in Alphabet were worth $15,942,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after acquiring an additional 6,410 shares during the period. Anchor Investment Management LLC boosted its stake in Alphabet by 1.8% during the 1st quarter. Anchor Investment Management LLC now owns 90,936 shares of the information services provider’s stock valued at $14,207,000 after purchasing an additional 1,635 shares during the period. Ransom Advisory Ltd bought a new position in Alphabet in the 1st quarter worth about $4,895,000. Integrity Alliance LLC. increased its stake in shares of Alphabet by 590.3% in the first quarter. Integrity Alliance LLC. now owns 35,124 shares of the information services provider’s stock valued at $5,487,000 after purchasing an additional 30,036 shares during the period. Finally, Flaharty Asset Management LLC increased its stake in shares of Alphabet by 10.7% in the first quarter. Flaharty Asset Management LLC now owns 3,277 shares of the information services provider’s stock valued at $512,000 after purchasing an additional 317 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Up 2.5%

Shares of GOOG stock opened at $322.48 on Thursday. The stock has a 50-day simple moving average of $305.07 and a 200 day simple moving average of $247.79. The stock has a market capitalization of $3.89 trillion, a P/E ratio of 31.80, a P/E/G ratio of 1.74 and a beta of 1.09. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $328.67. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06.

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, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The company had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. During the same period in the prior year, the company earned $2.12 EPS. Alphabet’s revenue was up 15.9% on a year-over-year basis. On average, sell-side analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is presently 8.28%.

Insiders Place Their Bets

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction 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 transaction, the chief executive officer directly owned 2,369,619 shares in the company, valued at $592,760,192.85. The trade was a 1.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction on 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 sale, the insider directly owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 195,465 shares of company stock worth $57,056,497. 12.99% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on GOOG shares. Wolfe Research boosted their price objective on Alphabet from $290.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Oppenheimer boosted their price target on Alphabet from $300.00 to $345.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Pivotal Research reissued a “buy” rating and set a $400.00 price target (up from $350.00) on shares of Alphabet in a report on Friday, December 5th. JPMorgan Chase & Co. upped their price objective on shares of Alphabet from $260.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Finally, Mizuho set a $325.00 target price on shares of Alphabet in a research report on Thursday, October 30th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $316.79.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Canaccord raised its price target for Alphabet to $390 and reiterated a Buy, boosting upside expectations and supporting investor sentiment. Canaccord PT Raise
• Positive Sentiment: Alphabet surpassed Apple to become the U.S. company with the second‑largest market cap, a headline that often attracts momentum buyers and index flows. Market Cap Surpasses Apple
• Positive Sentiment: Samsung said it will expand Galaxy phones with Gemini AI features — a distribution win that could accelerate user adoption of Google’s AI services and monetization opportunities for cloud/AI. Samsung / Gemini
• Positive Sentiment: Analyst and institutional activity remains supportive: MarketBeat and Quiver data show numerous upgrades, elevated price targets and large institutional buys, which underpin the rally. Analyst Sentiment / MarketBeat
• Neutral Sentiment: Competition in video/creator platforms (e.g., Spotify’s big creator push) and broader AI rivalry remain watch items; they could shift ad/video dynamics over time but are not immediate catalysts. Spotify vs YouTube
• Neutral Sentiment: Lobbying disclosures and quarterly fund/hedge‑fund positioning reported by Quiver are informational for policy and flows but unlikely to move the stock by themselves. Lobbying Disclosure
• Negative Sentiment: Alphabet and Character.AI agreed to settle lawsuits alleging AI chatbots contributed to minors’ suicides — a material reputational and legal overhang that raises regulatory and liability concerns for AI products. Lawsuit Settlement
• Negative Sentiment: Analysts and commentators warn that AI “answers” could cannibalize search ad revenue if users stop clicking links — a structural monetization risk for Google’s core ad business. Ad Cannibalization Risk
• Negative Sentiment: Significant insider selling activity reported in recent data (multiple executive sales) can be read negatively by some investors, adding caution despite institutional buying. Insider Selling / Quiver

Alphabet 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.