Alphabet Inc. $GOOG Shares Sold by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 9.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,429 shares of the information services provider’s stock after selling 2,847 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in Alphabet were worth $8,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp increased its holdings in shares of Alphabet by 1.3% during the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock worth $33,511,477,000 after buying an additional 2,428,266 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in 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. Alliancebernstein L.P. increased its holdings in Alphabet by 5.8% in the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock valued at $9,749,864,000 after purchasing an additional 2,209,203 shares during the last quarter. Legal & General Group Plc increased its holdings in Alphabet by 0.7% in the 3rd quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock valued at $7,935,671,000 after purchasing an additional 223,743 shares during the last quarter. Finally, Capital World Investors increased its holdings in Alphabet by 1.9% in the 3rd quarter. Capital World Investors now owns 28,625,464 shares of the information services provider’s stock valued at $6,971,769,000 after purchasing an additional 539,679 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on GOOG shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Pivotal Research reiterated a “buy” rating and issued a $420.00 target price (up from $400.00) on shares of Alphabet in a report on Thursday, February 5th. Piper Sandler restated an “overweight” rating and issued a $395.00 price target on shares of Alphabet in a research note on Thursday, February 5th. KeyCorp set a $370.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $375.00 price target on shares of Alphabet in a research note on Thursday, January 15th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $345.71.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Broadcom signed a long‑term agreement to develop and supply Google’s future custom AI chips (through 2031) and expanded compute arrangements that also involve Anthropic — this secures a key supply chain component for Google’s next‑gen AI racks and supports Google Cloud/Gemini scale. Broadcom signs long-term deal to develop Google’s custom AI chips
• Positive Sentiment: Investor/analyst backing is resurfacing: billionaire/allocations (Druckenmiller, Ken Griffin mentions) and fresh analyst notes keep a constructive view on GOOGL’s AI and cloud growth — supportive for sentiment and demand for shares. Alphabet is a Top AI Stock Pick of Billionaire Ken Griffin
• Neutral Sentiment: Google adjusted Gemini pricing for different AI workloads — this gives developers more levers to trade cost vs. performance and could help adoption and monetization, but the revenue impact will depend on uptake and pricing mix. Google Adjusts Gemini Pricing for Different AI Workloads
• Negative Sentiment: Large planned 2026 capital spending (reports cite ~$175–$185B / ~$180B) is a double‑edged sword — it underpins AI/cloud leadership but will likely pressure margins and free cash flow in the near term. Nobody Believed In Alphabet: In 2026, It Faces Its Biggest Test
• Negative Sentiment: Shareholder and community pressure over water and power use at data centers is rising — potential project delays, cancellations or increased compliance costs are execution risks for expansion plans. Investors press Amazon, Microsoft and Google on water, power use in US data centers
• Negative Sentiment: Reports that Google’s AI “Overviews” can be manipulated by scammers have triggered anti‑spam fixes — a reminder that product reliability and user trust issues could impact search experience and ad monetization if not fully resolved. Alphabet Faces AI Overview Fraud Questions
• Negative Sentiment: Visible insider selling and mixed institutional flows (large rebalances reported) add a technical/headline headwind that can amplify short‑term volatility despite strong fundamentals. Quiver Quantitative summary of opinions and insider activity

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares of the company’s stock, valued at approximately $505,573,853.40. This trade represents a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,101,844 shares of company stock worth $115,147,751. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Performance

NASDAQ:GOOG opened at $297.66 on Tuesday. The company has a market cap of $3.60 trillion, a price-to-earnings ratio of 27.54, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13. The company has a fifty day simple moving average of $308.28 and a two-hundred day simple moving average of $297.57. Alphabet Inc. has a 52 week low of $142.66 and a 52 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 released its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.15 EPS. As a group, equities analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s payout ratio is 7.77%.

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.