Alphabet Inc. $GOOG Shares Bought by ARK Investment Management LLC

ARK Investment Management LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 153.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 338,956 shares of the information services provider’s stock after acquiring an additional 205,190 shares during the period. ARK Investment Management LLC’s holdings in Alphabet were worth $82,553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of GOOG. University of Illinois Foundation purchased a new stake in Alphabet during the 2nd quarter worth about $31,000. Manning & Napier Advisors LLC purchased a new position in Alphabet during the third quarter worth approximately $32,000. Horrell Capital Management Inc. raised its position in shares of Alphabet by 100.0% in the 2nd quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock worth $35,000 after buying an additional 100 shares during the period. Tripletail Wealth Management LLC purchased a new position in shares of Alphabet in the 3rd quarter worth about $40,000. Finally, Decker Retirement Planning Inc. lifted its position in Alphabet by 60.9% during the second quarter. Decker Retirement Planning Inc. now owns 251 shares of the information services provider’s stock valued at $45,000 after buying an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large enterprise deals and product momentum support revenue and TPU/cloud demand — Google Cloud wins (CVS AI health platform) and ongoing Gemini product updates reinforce the company’s commercial AI growth story. CVS taps Google Cloud to roll out AI-powered health platform
• Positive Sentiment: Large infrastructure demand signaled by Meta leasing Google TPUs — multibillion‑dollar TPU agreements point to durable cloud revenue from AI training customers. Meta leases Google AI chips
• Positive Sentiment: Strategic partnerships (reported Apple tie‑up) could deepen Gemini / cloud integration into iOS ecosystem, raising long‑term monetization potential. Gemini lawsuit and Apple deal reframe AI risk/reward
• Positive Sentiment: Analyst support remains constructive — Bank of America reaffirmed a Buy and $370 target, helping underpin bullish expectations for medium‑term upside. Bank of America maintains $370 PT
• Neutral Sentiment: Insider selling observed (small share disposals by a director and the CAO) — routine filings show modest reductions that investors monitor but that don’t indicate strategic distress. Insider sale filing
• Neutral Sentiment: Regulatory/legal uncertainty partly settles gameplay — Fortnite returns to Google Play worldwide, but with changed economics from the Epic settlement. That removes distribution uncertainty while altering long‑term service revenue. Fortnite returns to Google Play
• Negative Sentiment: Play Store commission cut — Google’s settlement with Epic reduces Play Store fees to roughly 20%, which could lower app‑store revenue and margins versus prior assumptions. Google lowers Play Store commissions
• Negative Sentiment: High‑profile Gemini lawsuit raises liability and regulatory risk — a wrongful‑death claim alleging harmful chatbot guidance increases uncertainty around consumer AI oversight and potential litigation costs. Gemini wrongful‑death lawsuit
• Negative Sentiment: Waymo safety/regulatory scrutiny and AI capex concerns — NTSB probes and reminders of heavy AI capital spending weigh on near‑term margins and sentiment. Waymo NTSB scrutiny AI capex pressure article

Analyst Upgrades and Downgrades

A number of research analysts have commented on GOOG shares. Loop Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Wedbush reiterated an “outperform” rating and issued a $370.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Jefferies Financial Group reaffirmed a “buy” rating and set a $365.00 price objective on shares of Alphabet in a research report on Monday, January 5th. Finally, KeyCorp set a $370.00 price objective on Alphabet in a research note on Thursday, February 5th. Nine equities research 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 company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $343.90.

Alphabet Trading Down 0.8%

Shares of Alphabet stock opened at $300.91 on Friday. The business has a fifty day simple moving average of $320.61 and a 200-day simple moving average of $285.58. The firm has a market cap of $3.64 trillion, a price-to-earnings ratio of 27.84, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. The company 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%. Alphabet’s revenue was up 18.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.15 EPS. On average, equities analysts forecast that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business 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 is currently 7.77%.

Insider Activity at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. The trade was a 78.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the sale, the chief accounting officer directly owned 9,918 shares in the company, valued at $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,079,993 shares of company stock worth $108,745,244. 12.99% of the stock is owned by corporate insiders.

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.