Centennial Advisors LLC bought a new position in Alphabet Inc. (NASDAQ:GOOG – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,566 shares of the information services provider’s stock, valued at approximately $491,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of GOOG. Imprint Wealth LLC purchased a new position in shares of Alphabet during the third quarter valued at approximately $31,000. Manning & Napier Advisors LLC bought a new position in shares of Alphabet during the 3rd quarter worth $32,000. Tripletail Wealth Management LLC bought a new position in Alphabet during the 3rd quarter worth about $40,000. Retirement Wealth Solutions LLC boosted its stake in shares of Alphabet by 145.0% during the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock valued at $48,000 after purchasing an additional 116 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC increased its holdings in shares of Alphabet by 56.8% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock valued at $53,000 after acquiring an additional 79 shares during the period. 27.26% of the stock is currently owned by institutional investors.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet is in talks with the U.S. Department of Defense to allow its Gemini models in classified systems — a potential large, high‑margin enterprise/government revenue stream and a validation of Gemini for sensitive use cases. Article Title
- Positive Sentiment: NiSource signed a long‑term power supply deal to support an Alphabet data center in Indiana — reduces energy execution risk for hyperscale operations and supports capacity buildout. Article Title
- Positive Sentiment: Institutional buying: SG Americas disclosed a large addition of GOOGL shares in its 13F — signals demand from a major broker‑dealer fund and supports momentum. Article Title
- Positive Sentiment: Analyst bullishness and price target increases continue (Citi, Mizuho and others) and new partnerships (Thoma Bravo, Cadence) highlight enterprise and cloud AI growth potential. These stories are supporting upside expectations. Article Title
- Neutral Sentiment: Product momentum: Google rolled out personalized image generation tied to Gemini/Nano Banana — enhances consumer AI engagement but monetization path is longer term. Article Title
- Neutral Sentiment: Alphabet is planning higher AI capex in 2026 — signals commitment to long‑term edge in AI but implies near‑term cash outflows and margin pressure. Article Title
- Negative Sentiment: EU regulator proposed rules forcing Google to share search data (rankings, queries, clicks) with rivals under the Digital Markets Act — a material regulatory risk that could weaken competitive advantages in search and ads. Article Title
- Negative Sentiment: Ongoing legal and ad‑platform scrutiny (app‑store lawsuits, advertiser arbitration) and visible insider selling remain background risks that could weigh on sentiment despite strong fundamentals. Article Title
Analysts Set New Price Targets
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Insider Activity at Alphabet
In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the transaction, the chief executive officer directly owned 2,818,524 shares of the company’s stock, valued at approximately $856,605,814.08. The trade was a 1.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 9,918 shares in the company, valued at $2,955,564. The trade was a 8.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,068,744 shares of company stock valued at $104,505,914 in the last 90 days. 12.99% of the stock is currently owned by corporate insiders.
Alphabet Trading Down 0.5%
NASDAQ GOOG opened at $332.77 on Friday. Alphabet Inc. has a 1 year low of $148.40 and a 1 year high of $350.15. 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 company has a market capitalization of $4.03 trillion, a PE ratio of 30.78, a P/E/G ratio of 2.06 and a beta of 1.13. The company has a fifty day moving average of $305.66 and a 200 day moving average of $300.84.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion for 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 for the quarter was up 18.0% compared to the same quarter last year. During the same period last year, the firm earned $2.15 EPS. Research analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current year.
Alphabet Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 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.
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