BridgePort Financial Solutions LLC Raises Stake in Alphabet Inc. $GOOG

BridgePort Financial Solutions LLC grew its position in Alphabet Inc. (NASDAQ:GOOG) by 305.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,099 shares of the information services provider’s stock after buying an additional 12,132 shares during the quarter. Alphabet accounts for approximately 1.1% of BridgePort Financial Solutions LLC’s holdings, making the stock its 23rd biggest holding. BridgePort Financial Solutions LLC’s holdings in Alphabet were worth $3,921,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GOOG. Brighton Jones LLC raised its holdings in Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after purchasing an additional 6,410 shares in the last quarter. Ignite Planners LLC grew its holdings in shares of Alphabet by 1.0% during the second quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock valued at $2,697,000 after buying an additional 144 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Alphabet by 7.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider’s stock valued at $105,540,000 after purchasing an additional 41,132 shares during the period. Acorn Financial Advisory Services Inc. ADV purchased a new stake in Alphabet in the 2nd quarter worth approximately $319,000. Finally, Axxcess Wealth Management LLC boosted its position in Alphabet by 3.0% during the second quarter. Axxcess Wealth Management LLC now owns 118,661 shares of the information services provider’s stock valued at $19,873,000 after purchasing an additional 3,421 shares during the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s results and AI traction remain strong: Cloud revenue and enterprise backlog are accelerating and Gemini user metrics/support drive upside to long‑term monetization. Zacks: The Zacks Analyst Alphabet…
• Positive Sentiment: Waymo deployment of next‑gen robotaxis signals commercial progress for Alphabet’s autonomous‑vehicle unit, a longer‑term growth catalyst. CNBC: Waymo begins deploying next‑gen Ojai robotaxis
• Neutral Sentiment: Some large asset managers are net buying while others trimmed positions — BNP Paribas added a multi‑million share position in GOOG, offsetting other institutional reductions. QuiverQuant: BNP Paribas fund update
• Neutral Sentiment: Reported short‑interest figures in recent feeds show zero shares (likely a data anomaly), so shorting activity is not a clear driver today.
• Negative Sentiment: Alphabet completed a very large multi‑currency debt offering (including long‑dated tranches/century bond reports), which has spooked some investors worried about aggressive debt‑funded CapEx and the lack of customary bond protections. Reuters: Alphabet bonds’ lack of guardrails…
• Negative Sentiment: Management guided 2026 CapEx sharply higher (~$175–$185B), and the market has treated that as a near‑term cash‑flow/headwind risk despite its AI rationale — this contributed to post‑earnings weakness. Zacks: Alphabet drops 7% post Q4 earnings
• Negative Sentiment: EU antitrust scrutiny has resurfaced: regulators are probing Google’s search‑ads auction/pricing practices in Europe, introducing regulatory risk for ad monetization. Reuters: Google targeted by EU over search advertising auction practices
• Negative Sentiment: Notable institutional trimming reported in 13F updates (e.g., Neuberger, Swiss National Bank saw reductions), which can pressure intraday liquidity/psychology even as other funds add exposure. QuiverQuant: Neuberger Berman fund update

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the sale, the chief executive officer owned 2,179,372 shares in the company, valued at $730,481,906.96. This trade represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Frances Arnold sold 102 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $340.00, for a total transaction of $34,680.00. Following the completion of the sale, the director directly owned 18,307 shares of the company’s stock, valued at $6,224,380. This trade represents a 0.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,069,864 shares of company stock valued at $105,985,041 over the last quarter. Company insiders own 12.99% of the company’s stock.

Alphabet Trading Down 1.1%

NASDAQ GOOG opened at $306.02 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market capitalization of $3.69 trillion, a P/E ratio of 28.31, a P/E/G ratio of 1.80 and a beta of 1.10. The business has a 50 day simple moving average of $321.87 and a 200 day simple moving average of $275.59. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the company posted $2.15 EPS. The company’s revenue for the quarter was up 18.0% on a year-over-year basis. Research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

Wall Street Analyst Weigh In

GOOG has been the subject of several analyst reports. Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $375.00 price objective on shares of Alphabet in a research note on Thursday, January 15th. Wedbush reaffirmed an “outperform” rating and issued a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Scotiabank reissued an “outperform” rating and set a $400.00 price objective (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. Finally, Barclays boosted their target price on Alphabet from $250.00 to $315.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Alphabet currently has an average rating of “Buy” and an average price target of $343.90.

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.