Ameritas Investment Partners Inc. cut its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 3.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 205,767 shares of the information services provider’s stock after selling 8,073 shares during the quarter. Alphabet accounts for approximately 1.5% of Ameritas Investment Partners Inc.’s investment portfolio, making the stock its 7th largest position. Ameritas Investment Partners Inc.’s holdings in Alphabet were worth $50,114,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock valued at $73,927,821,000 after acquiring an additional 5,182,111 shares during the last quarter. State Street Corp raised its position in Alphabet by 1.3% during the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock valued at $33,511,477,000 after purchasing an additional 2,428,266 shares during the period. Geode Capital Management LLC raised its position in Alphabet by 0.4% during the second quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock valued at $19,022,926,000 after purchasing an additional 441,177 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Alphabet by 8.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after purchasing an additional 7,904,434 shares during the last quarter. Finally, Sanders Capital LLC boosted its holdings in shares of Alphabet by 6.4% in the 2nd quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock worth $6,272,146,000 after purchasing an additional 2,117,990 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.
Alphabet Trading Up 0.7%
GOOG opened at $313.03 on Thursday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock’s fifty day moving average is $321.36 and its two-hundred day moving average is $281.87. The company has a market capitalization of $3.79 trillion, a P/E ratio of 28.96, a PEG ratio of 1.82 and a beta of 1.10. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15.
Alphabet Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend 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 (DPR) is 7.77%.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on GOOG. Sanford C. Bernstein restated a “market perform” rating and set a $345.00 price target on shares of Alphabet in a report on Thursday, February 5th. BNP Paribas Exane assumed coverage on shares of Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating on the stock. HSBC restated a “buy” rating and issued a $335.00 target price on shares of Alphabet in a report on Thursday, October 30th. Truist Financial set a $350.00 price target on shares of Alphabet in a report on Friday, December 5th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $400.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Alphabet currently has an average rating of “Buy” and an average price target of $343.90.
Get Our Latest Stock Report on Alphabet
Insider Buying and Selling at Alphabet
In other news, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the transaction, the chief accounting officer owned 8,962 shares in the company, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 2,112,482 shares of company stock worth $119,145,289. Company insiders own 12.99% of the company’s stock.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet is folding robotics‑software maker Intrinsic into Google, consolidating talent and tech from its “Other Bets” unit into the core business — a move that accelerates Google’s push into physical AI and could shorten commercialization timelines for robotics use cases. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
- Positive Sentiment: Waymo is expanding on‑road testing to Chicago and Charlotte, signaling continued scaling of Waymo’s robotaxi commercialization efforts — potential long‑term revenue optionality and clearer path to monetization. Waymo to begin testing in Chicago and Charlotte
- Positive Sentiment: Gemini adoption is broadening: Samsung’s S26 demos show Gemini autonomously operating third‑party apps, underscoring device partnerships that expand distribution and revenue leverage for Google’s AI stack. Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
- Positive Sentiment: Google announced a major clean‑power/data‑center push (1.9GW) including a 100‑hour iron‑battery, and related utility deals — improves energy resilience and long‑term margin/cost profile for hyperscale data centers. Google’s new 1.9GW clean energy deal includes massive 100-hour battery
- Positive Sentiment: Wells Fargo upgraded Alphabet to a stronger rating, supporting bullish analyst sentiment that can attract flows and underwrite higher multiples. Wells Fargo upgrades Alphabet (GOOG)
- Positive Sentiment: Analysis highlighting Alphabet’s hidden assets (stakes in Anthropic and SpaceX) reinforces a view of embedded upside beyond core Search/Cloud performance. Alphabet’s Quiet Edge: The Hidden Assets Powering Its Run
- Neutral Sentiment: Reuters reports Google will test showing rivals’ vertical search results more prominently across Europe to try to head off an EU antitrust fine — a pragmatic regulatory response but one that underscores ongoing legal risk in the region. Exclusive: Google to test changes to search results, source says as EU fine looms
- Neutral Sentiment: Google said it disrupted a China‑linked hacking group that targeted dozens of organizations — improves security posture and brand trust but has limited direct near‑term revenue impact. Google disrupts Chinese-linked hackers that attacked 53 groups globally
- Negative Sentiment: Russia fined Google ~22 million roubles for distributing VPN services on Google Play — a small hit financially but a reminder of geopolitical/regulatory costs in certain markets. Russia fines Google distributing VPN services, TASS reports
- Negative Sentiment: Headline noise: a report of insider selling and periodic short‑interest chatter has pressured sentiment in recent sessions; these items can weigh near‑term momentum even if fundamentals remain strong. Alphabet (NASDAQ:GOOG) Stock Price Down 1% on Insider Selling
About Alphabet
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.
Recommended Stories
- Five stocks we like better than Alphabet
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- ALERT: Drop these 5 stocks before the market opens tomorrow!
- Elon Musk: This Could Turn $100 into $100,000
- Read this or regret it forever
- The Next Commodity Crunch (bigger than oil?)
Want to see what other hedge funds are holding GOOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOG – Free Report).
Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.
