Kathmere Capital Management LLC Buys 1,884 Shares of Alphabet Inc. $GOOG

Kathmere Capital Management LLC increased its stake in Alphabet Inc. (NASDAQ:GOOG) by 7.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,555 shares of the information services provider’s stock after purchasing an additional 1,884 shares during the quarter. Kathmere Capital Management LLC’s holdings in Alphabet were worth $6,711,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Higgins & Schmidt Wealth Strategies LLC raised its stake in shares of Alphabet by 2.2% in the third quarter. Higgins & Schmidt Wealth Strategies LLC now owns 1,818 shares of the information services provider’s stock valued at $443,000 after buying an additional 40 shares during the period. Hartmann Taylor Wealth Management LLC increased its holdings in Alphabet by 2.3% in the 3rd quarter. Hartmann Taylor Wealth Management LLC now owns 1,813 shares of the information services provider’s stock worth $442,000 after acquiring an additional 40 shares during the last quarter. Riverbend Wealth Management LLC increased its holdings in Alphabet by 1.0% in the 3rd quarter. Riverbend Wealth Management LLC now owns 4,198 shares of the information services provider’s stock worth $1,023,000 after acquiring an additional 41 shares during the last quarter. Meritas Wealth Management LLC raised its stake in Alphabet by 3.0% in the 3rd quarter. Meritas Wealth Management LLC now owns 1,458 shares of the information services provider’s stock valued at $355,000 after acquiring an additional 42 shares during the period. Finally, First Financial Bank Trust Division raised its stake in Alphabet by 0.6% in the 3rd quarter. First Financial Bank Trust Division now owns 7,208 shares of the information services provider’s stock valued at $1,756,000 after acquiring an additional 45 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Transactions at Alphabet

In other news, 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 completion of the sale, the director owned 3,916 shares in the company, valued at approximately $1,206,872.04. This trade represents a 13.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the transaction, the insider directly owned 42,972 shares of the company’s stock, valued at $13,531,453.08. The trade was a 29.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 227,365 shares of company stock worth $67,350,070. 12.99% of the stock is owned by insiders.

Alphabet Stock Performance

Alphabet stock opened at $329.29 on Monday. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $331.48. 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 firm has a market capitalization of $3.97 trillion, a PE ratio of 32.47, a price-to-earnings-growth ratio of 1.82 and a beta of 1.09. The firm’s 50 day simple moving average is $306.90 and its 200 day simple moving average is $250.59.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The firm had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.12 EPS. As a group, 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. 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 currently 8.28%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on GOOG. Mizuho set a $325.00 target price on shares of Alphabet in a research report on Thursday, October 30th. Sanford C. Bernstein upped their price target on shares of Alphabet from $260.00 to $305.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Hsbc Global Res upgraded shares of Alphabet to a “strong-buy” rating in a research note on Tuesday, October 7th. UBS Group reissued a “neutral” rating on shares of Alphabet in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. increased their target price on Alphabet from $260.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, October 27th. Seven research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $318.18.

Alphabet News Roundup

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

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.