Crown Wealth Group LLC Has $2.01 Million Stock Position in Alphabet Inc. $GOOG

Crown Wealth Group LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOGFree Report) by 33.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 8,238 shares of the information services provider’s stock after acquiring an additional 2,046 shares during the period. Alphabet comprises 0.6% of Crown Wealth Group LLC’s holdings, making the stock its 28th largest holding. Crown Wealth Group LLC’s holdings in Alphabet were worth $2,006,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of GOOG. RDA Financial Network increased its stake in Alphabet by 5.3% in the second quarter. RDA Financial Network now owns 11,094 shares of the information services provider’s stock valued at $1,968,000 after purchasing an additional 554 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of Alphabet by 1.4% in the 2nd quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock valued at $30,160,000 after buying an additional 2,304 shares during the period. American National Bank of Texas acquired a new stake in shares of Alphabet in the 3rd quarter valued at about $900,000. Northwestern Mutual Wealth Management Co. increased its position in Alphabet by 3.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider’s stock valued at $206,542,000 after buying an additional 42,028 shares in the last quarter. Finally, Oldfather Financial Services LLC acquired a new position in Alphabet during the 2nd quarter worth approximately $213,000. Institutional investors own 27.26% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Multiple analyst upgrades and higher price targets boost upside expectations for GOOG, with Canaccord and others lifting targets well above prior levels — a direct catalyst for buying interest. Canaccord Raises PT to $390
  • Positive Sentiment: AI product momentum: reports show Gemini gaining share versus ChatGPT and Gemini-powered features rolling into Gmail at scale — this supports stronger ad/search monetization and cloud expectations. Gemini Gains Market Share
  • Positive Sentiment: Market-cap milestone: Alphabet briefly overtook Apple as the world’s No.2 public company — a sign of investor confidence that can attract index/ETF flows and reinforce momentum. Alphabet Surpasses Apple
  • Neutral Sentiment: Wiz acquisition pending EU approval by Feb.10 — approval would remove a large M&A overhang; rejection would be a setback. Outcome is material but binary. EU to Decide on Wiz Deal
  • Neutral Sentiment: Waymo branding/product updates signal long-term autonomy growth but limited near-term EPS impact; watch commercialization cadence. Waymo Rebrands Robotaxi
  • Negative Sentiment: Regulatory/reputational pressure: three Democratic senators urged Apple and Google to suspend X and Grok from their app stores over sexualized images of minors created via AI — a headline that raises moderation/regulatory scrutiny for app stores and Google’s ecosystem. Senators Call to Suspend X and Grok
  • Negative Sentiment: Legal exposure from AI products: Alphabet and Character.AI settled suits alleging AI chatbots harmed minors (including a teen suicide), underscoring potential costs, regulation and reputational risk. AI Lawsuit Settlements
  • Negative Sentiment: Insider selling and talent movement: CEO Sundar Pichai disclosed a multi-million-dollar share sale; separately, Nvidia hired a Google marketing veteran — both can weigh on near-term sentiment and raise questions about insider cashing and talent retention. Pichai Share Sale

Insider Activity

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the transaction, the chief executive officer owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 227,965 shares of company stock worth $67,495,822. 12.99% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on GOOG shares. UBS Group reissued a “neutral” rating on shares of Alphabet in a research note on Thursday, October 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, October 8th. HSBC restated a “buy” rating and set a $335.00 price objective on shares of Alphabet in a report on Thursday, October 30th. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, Cantor Fitzgerald raised shares of Alphabet from a “neutral” rating to an “overweight” rating in a research report on Thursday. Seven investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $318.18.

View Our Latest Stock Report on Alphabet

Alphabet Trading Up 1.0%

Shares of GOOG stock opened at $329.29 on Friday. 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 company has a market capitalization of $3.97 trillion, a price-to-earnings ratio of 32.47, a PEG ratio of 1.80 and a beta of 1.09. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $331.48. The company has a 50-day simple moving average of $306.90 and a two-hundred day simple moving average of $249.47.

Alphabet (NASDAQ:GOOGGet Free Report) last announced its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The firm 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 revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.12 EPS. Research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were paid a $0.21 dividend. 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 is 8.28%.

About Alphabet

(Free Report)

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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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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