Beverly Hills Private Wealth LLC Sells 4,675 Shares of Alphabet Inc. $GOOG

Beverly Hills Private Wealth LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 16.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,047 shares of the information services provider’s stock after selling 4,675 shares during the quarter. Alphabet accounts for approximately 1.0% of Beverly Hills Private Wealth LLC’s investment portfolio, making the stock its 19th largest position. Beverly Hills Private Wealth LLC’s holdings in Alphabet were worth $5,857,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. ICICI Prudential Asset Management Co Ltd lifted its holdings in shares of Alphabet by 8.2% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 79,873 shares of the information services provider’s stock worth $19,453,000 after acquiring an additional 6,087 shares during the last quarter. Compass Wealth Management LLC increased its position in Alphabet by 0.3% during the 3rd quarter. Compass Wealth Management LLC now owns 45,790 shares of the information services provider’s stock worth $11,152,000 after purchasing an additional 145 shares in the last quarter. Fiera Capital Corp increased its position in Alphabet by 18.0% during the 3rd quarter. Fiera Capital Corp now owns 37,915 shares of the information services provider’s stock worth $9,234,000 after purchasing an additional 5,783 shares in the last quarter. Midland Wealth Advisors LLC lifted its stake in Alphabet by 0.7% in the 3rd quarter. Midland Wealth Advisors LLC now owns 8,158 shares of the information services provider’s stock valued at $1,987,000 after purchasing an additional 58 shares during the last quarter. Finally, Alpha Financial Partners LLC boosted its position in Alphabet by 5.6% in the third quarter. Alpha Financial Partners LLC now owns 3,894 shares of the information services provider’s stock valued at $948,000 after buying an additional 205 shares in the last quarter. 27.26% of the stock is owned by institutional investors.

Alphabet Trading Up 3.7%

NASDAQ GOOG opened at $314.90 on Monday. The business has a 50 day simple moving average of $320.95 and a 200 day simple moving average of $280.08. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15. The stock has a market capitalization of $3.81 trillion, a P/E ratio of 29.13, a P/E/G ratio of 1.85 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

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

Alphabet Dividend Announcement

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

Wall Street Analyst Weigh In

GOOG has been the topic of several recent research reports. Truist Financial set a $350.00 price objective on Alphabet in a report on Friday, December 5th. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 7th. TD Cowen restated a “buy” rating and set a $365.00 price target (up from $355.00) on shares of Alphabet in a report on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating and issued a $348.00 price objective (up previously from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Eight analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $343.90.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $306.73, for a total transaction of $184,038.00. Following the transaction, the director directly owned 20,624 shares in the company, valued at approximately $6,325,999.52. This trade represents a 2.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Amie Thuener O’toole sold 933 shares of Alphabet stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total transaction of $314,001.15. Following the transaction, the chief accounting officer directly owned 9,916 shares in the company, valued at $3,337,229.80. This represents a 8.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,112,482 shares of company stock worth $119,145,289 in the last ninety days. 12.99% of the stock is currently owned by corporate insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts and brokers have raised price targets and highlighted AI/cloud upside (UBS, Canaccord), citing Gemini adoption and generative‑AI capex that could add meaningful cloud revenue. UBS generative AI capex note
• Positive Sentiment: Alphabet committed to a major $15B America‑India Connect initiative and announced partnerships (Zillow, Sea) that expand Gemini/Cloud into verticals — positive for long‑term cloud/ads monetization and market reach. America-India Connect announcement
• Positive Sentiment: Notable institutional buying from hedge funds (e.g., Appaloosa/Tepper, Altimeter, Viking) signals conviction in Alphabet’s AI/Cloud thesis and can support the stock through execution milestones. Appaloosa increases stake
• Neutral Sentiment: Product demos (Gemini AI coach, music features) and consumer launches (Pixel device with AI features) improve user engagement and positioning but are not immediate revenue drivers. Gemini demo on CNBC
• Neutral Sentiment: Reported short‑interest data for February shows anomalies (zeros/NaN) and provides no clear bearish signal at present; treat the statistic cautiously until reconciled.
• Negative Sentiment: Insider selling: senior execs disclosed sizable sales (Sundar Pichai, John Kent Walker), which markets often view as a modest near‑term negative signal despite normal tax/liquidity reasons. Pichai sale filing Walker sale filing
• Negative Sentiment: Legal/IP risk: prosecutors have charged engineers in an alleged scheme to steal Google trade secrets and pass files abroad — reputational and security concerns that could invite regulatory scrutiny. Trade-secrets indictment
• Negative Sentiment: Execution/supply risks: DeepMind’s CEO warned that memory‑chip shortages constrain agentic AI research/deployment, which could slow rollout timing or raise costs for compute‑intensive initiatives. DeepMind chip shortage comments
• Negative Sentiment: Several institutional investors disclosed trims (Pershing Square, Longview, others). Broad portfolio rebalancing can weigh on near‑term sentiment even if longer‑term AI momentum remains. Pershing Square trim

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.