Alphabet Inc. $GOOG Shares Acquired by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC increased its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 53,928 shares of the information services provider’s stock after buying an additional 2,290 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Alphabet were worth $16,922,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. KFA Private Wealth Group LLC lifted its stake in shares of Alphabet by 41.5% in the 4th quarter. KFA Private Wealth Group LLC now owns 1,846 shares of the information services provider’s stock valued at $579,000 after purchasing an additional 541 shares during the last quarter. Corsicana & Co. increased its position in shares of Alphabet by 4.4% during the 4th quarter. Corsicana & Co. now owns 3,660 shares of the information services provider’s stock worth $1,149,000 after purchasing an additional 155 shares during the last quarter. Private Client Services LLC increased its position in shares of Alphabet by 9.8% during the 4th quarter. Private Client Services LLC now owns 11,681 shares of the information services provider’s stock worth $3,666,000 after purchasing an additional 1,038 shares during the last quarter. AAFMAA Wealth Management & Trust LLC raised its holdings in Alphabet by 7.1% in the 4th quarter. AAFMAA Wealth Management & Trust LLC now owns 13,026 shares of the information services provider’s stock valued at $4,088,000 after buying an additional 860 shares during the period. Finally, Yeomans Consulting Group Inc. purchased a new stake in Alphabet in the 4th quarter valued at about $314,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the 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 sale, the insider directly 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 SEC, which is available at this link. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the sale, the director owned 4,631 shares in the company, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 2,110,165 shares of company stock worth $118,134,117. Insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on GOOG shares. Royal Bank Of Canada restated an “outperform” rating and issued a $375.00 price objective on shares of Alphabet in a report on Thursday, January 15th. Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from $315.00 to $400.00 in a report on Thursday, January 22nd. Wedbush reissued an “outperform” rating and issued a $370.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Truist Financial set a $350.00 price target on Alphabet in a research note on Friday, December 5th. Finally, BNP Paribas Exane started coverage on Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating for the company. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $345.71.

Alphabet Price Performance

GOOG stock opened at $298.79 on Monday. 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 firm has a market capitalization of $3.61 trillion, a P/E ratio of 27.64, a P/E/G ratio of 1.75 and a beta of 1.10. The business’s 50-day moving average is $317.66 and its two-hundred day moving average is $294.01. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, February 5th. 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 business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the previous year, the company posted $2.15 earnings per share. The business’s revenue for the quarter was up 18.0% on a year-over-year basis. Analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is currently 7.77%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon — a high‑profile talent win that strengthens Alphabet’s AI research and commercial credentials versus rivals. Read More.
• Positive Sentiment: Google Cloud + CVS launch “Health100” using Gemini models — expands Gemini into consumer healthcare (pharmacy, insurance, wearables) and creates a potential recurring revenue stream for cloud/AI services. Read More.
• Positive Sentiment: Product momentum: Stitch “vibe design” update is drawing real competition away from incumbents (Figma/Adobe) — suggests faster AI‑driven product monetization and market expansion for developer/designer tools. Read More.
• Positive Sentiment: Google struck agreements with five U.S. utilities to curb data‑center power use at peak demand — reduces brownout/cost risk for data‑center expansion and supports more predictable AI operations. Read More.
• Neutral Sentiment: Alphabet is pursuing Pentagon contracts (coverage and video reports) — potential contract upside but comes with employee/PR controversy given industry disputes; outcome is uncertain for near‑term revenue. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: reports that Alphabet is increasing use of Chinese suppliers for advanced liquid cooling raise export‑control and political risks for global AI builds. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and several directors have disclosed recent SEC‑filed share sales — repeated large insider sales can spook short‑term sentiment even if they are scheduled or for diversification. Read More.
• Negative Sentiment: Broader valuation/capex concern: commentary on massive hyperscaler AI capex and uncertain timing of returns is pressuring multiples across cloud/AI names, including Alphabet. Read More.

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.