Boomfish Wealth Group LLC Lowers Stock Position in Alphabet Inc. $GOOG

Boomfish Wealth Group LLC trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 11.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,084 shares of the information services provider’s stock after selling 1,732 shares during the quarter. Alphabet accounts for approximately 2.4% of Boomfish Wealth Group LLC’s holdings, making the stock its 7th largest position. Boomfish Wealth Group LLC’s holdings in Alphabet were worth $4,420,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of GOOG. Brighton Jones LLC grew its stake in shares of Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after purchasing an additional 6,410 shares during the period. Worldquant Millennium Advisors LLC grew its position in Alphabet by 76.2% during the second quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider’s stock valued at $330,886,000 after buying an additional 806,681 shares during the period. Darwin Wealth Management LLC bought a new stake in Alphabet during the second quarter valued at approximately $658,000. Financial Advisors Network Inc. grew its position in Alphabet by 7.7% during the second quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider’s stock valued at $1,409,000 after buying an additional 565 shares during the period. Finally, Ausdal Financial Partners Inc. grew its position in Alphabet by 10.7% during the second quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider’s stock valued at $6,618,000 after buying an additional 3,616 shares during the period. 27.26% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction 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 transaction, 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 filing with the SEC, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at $2,955,564. This represents a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,068,744 shares of company stock worth $104,505,914 in the last three months. Corporate insiders own 12.99% of the company’s stock.

Alphabet Trading Up 1.1%

Shares of NASDAQ:GOOG opened at $319.21 on Tuesday. The stock has a 50 day moving average of $305.81 and a 200 day moving average of $299.79. The company has a market cap of $3.86 trillion, a PE ratio of 29.53, a price-to-earnings-growth ratio of 1.95 and a beta of 1.13. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12-month low of $148.40 and a 12-month high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) 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 return on equity of 35.01% and a net margin of 32.81%.The firm’s revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.15 EPS. As a group, equities research analysts expect that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on GOOG. Jefferies Financial Group restated a “buy” rating and set a $365.00 target price on shares of Alphabet in a research report on Monday, January 5th. Raymond James Financial raised shares of Alphabet from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from $315.00 to $400.00 in a research report on Thursday, January 22nd. Piper Sandler reissued an “overweight” rating and set a $395.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Canaccord Genuity Group boosted their price objective on shares of Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Finally, UBS Group reissued a “neutral” rating and set a $348.00 price objective (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $345.71.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term Broadcom TPU deal reduces execution risk on Google’s AI hardware plans and reassures investors about supply for future TPU generations; UBS said the agreement eases a core investor concern. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS
• Positive Sentiment: Alphabet’s expanding AI infrastructure strategy (TPUs + Anthropic collaboration) positions it as a potential AI-infrastructure vendor and differentiator versus GPU incumbents, a catalyst for multiple revenue streams beyond search. Catalyst Alert: Anthropic Deal Makes Alphabet Stock a Must-Buy
• Positive Sentiment: Product-side momentum: Google rolled out an AI-powered Google Finance globally, demonstrating faster product monetization of AI features that can strengthen ad and services engagement. Alphabet: AI-Powered Google Finance Is A Masterstroke
• Positive Sentiment: Institutional buying: prominent investor Stanley Druckenmiller meaningfully increased his Alphabet position, signaling conviction from big-money managers. That can support short-term price strength. Stanley Druckenmiller Made 1 Huge Bet That Still Looks Attractive Today and Cut 2 Top Positions
• Neutral Sentiment: Analyst views mixed: Zacks upgraded Alphabet to a buy (Zacks Rank #2) reflecting improved earnings optimism, while some sell-side firms maintain cautious/hold views — keeps sentiment balanced. What Makes Alphabet (GOOGL) a New Buy Stock
• Neutral Sentiment: Corporate social/skills investments: Google is funding AI training programs for manufacturing workers — positive for public policy and workforce adoption, but limited immediate revenue impact. Google partners on AI training for thousands of American manufacturing workers
• Negative Sentiment: Ad market threat: Multiple reports (eMarketer/WSJ/Reuters) project Meta to surpass Google in net digital-ad revenue in 2026, creating investor concern about Google’s ad-growth leadership and margin trajectory. Meta poised to surpass Google in digital ad revenue for first time, report says
• Negative Sentiment: Waymo’s commercial launches may pressure near-term margins and require more investment before material revenue follows; analysts flag a short-term negative catalyst despite long-term upside. As Waymo Launches in Nashville, Should You Buy, Sell, or Hold GOOGL Stock?

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.