Authentikos Wealth Advisory LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,866 shares of the information services provider’s stock, valued at approximately $454,000.
A number of other large investors have also recently bought and sold shares of GOOGL. Smartleaf Asset Management LLC grew its stake in shares of Alphabet by 33.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 75,680 shares of the information services provider’s stock worth $18,470,000 after acquiring an additional 18,968 shares in the last quarter. Hurlow Wealth Management Group Inc. bought a new position in Alphabet in the third quarter valued at $250,000. Moloney Securities Asset Management LLC grew its position in Alphabet by 0.5% in the third quarter. Moloney Securities Asset Management LLC now owns 59,170 shares of the information services provider’s stock valued at $14,384,000 after purchasing an additional 303 shares in the last quarter. Canada Post Corp Registered Pension Plan increased its stake in Alphabet by 123.6% in the 3rd quarter. Canada Post Corp Registered Pension Plan now owns 251,437 shares of the information services provider’s stock valued at $61,363,000 after buying an additional 138,976 shares during the last quarter. Finally, Renasant Bank lifted its position in Alphabet by 2.9% during the 3rd quarter. Renasant Bank now owns 8,441 shares of the information services provider’s stock worth $2,052,000 after buying an additional 238 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Strategic cloud partnerships expanding addressable market — Google announced a deal with Sea Ltd to build AI tools for e‑commerce and gaming, which supports Google Cloud revenue growth in Southeast Asia and demonstrates enterprise demand for its AI stack. Read More.
- Positive Sentiment: Product momentum — Google is rolling Gemini‑powered, music‑focused generative‑AI features (also showing up at competitors), indicating faster consumer AI adoption that could boost engagement and future monetization. Read More.
- Positive Sentiment: Institutional support & analyst upgrades — recent 13F activity and analyst price‑target increases (and MarketBeat coverage) signal long‑term investor conviction that can underpin the stock. Read More.
- Neutral Sentiment: AI infrastructure arms race — NVIDIA–Meta mega‑deal and hyperscaler capex plans validate AI demand but raise competitive and capital‑intensity questions for Google; this is demand‑positive but increases the investment bar. Read More.
- Neutral Sentiment: Alphabet exploring chip/partner strategies — WSJ reports Google is weighing ways to use its balance sheet to better compete with chip suppliers, a strategic move that could reduce long‑run costs or distract management depending on execution. Read More.
- Negative Sentiment: Insider selling — recent disclosed sales by CEO Sundar Pichai and senior exec John Kent Walker (multi‑million dollar sales) can sap near‑term sentiment even if routine for compensation/liquidity reasons. Read More. Read More.
- Negative Sentiment: Security/legal risk — indictment of three engineers accused of stealing Google trade secrets and sending data to Iran raises potential IP, litigation and reputational risks that investors will watch. Read More.
- Negative Sentiment: AI rotation/profit‑taking — some prominent managers have trimmed AI positions in recent 13F filings, which contributes to episodic pressure on hyperscaler multiples. Read More.
Analyst Ratings Changes
View Our Latest Analysis on Alphabet
Insider Activity at Alphabet
In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total value of $10,637,250.00. Following the sale, the chief executive officer owned 2,211,872 shares of the company’s stock, valued at approximately $723,945,705.60. This represents a 1.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,112,482 shares of company stock worth $119,145,289 in the last quarter. Corporate insiders own 11.64% of the company’s stock.
Alphabet Stock Up 4.0%
GOOGL opened at $314.98 on Friday. The stock’s fifty day simple moving average is $320.32 and its 200 day simple moving average is $278.88. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $349.00. The stock has a market cap of $3.81 trillion, a PE ratio of 29.14, a price-to-earnings-growth ratio of 1.85 and a beta of 1.09. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11.
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. As a group, research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.
Alphabet Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.
Alphabet Profile
Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.
Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.
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