Assetmark Inc. Buys 112,128 Shares of Alphabet Inc. $GOOG

Assetmark Inc. boosted its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 33.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 442,860 shares of the information services provider’s stock after acquiring an additional 112,128 shares during the period. Assetmark Inc.’s holdings in Alphabet were worth $107,858,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in GOOG. Robinson Smith Wealth Advisors LLC lifted its holdings in shares of Alphabet by 1.8% in the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock worth $504,000 after acquiring an additional 36 shares during the last quarter. Searle & CO. boosted its position in Alphabet by 0.6% during the third quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock valued at $1,389,000 after buying an additional 36 shares during the period. Navellier & Associates Inc. grew its stake in shares of Alphabet by 0.6% during the third quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock valued at $1,424,000 after buying an additional 36 shares during the last quarter. BankPlus Wealth Management LLC increased its holdings in shares of Alphabet by 1.2% in the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock worth $766,000 after buying an additional 37 shares during the period. Finally, Activest Wealth Management lifted its stake in shares of Alphabet by 0.5% in the 3rd quarter. Activest Wealth Management now owns 7,997 shares of the information services provider’s stock valued at $1,948,000 after acquiring an additional 38 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

GOOG has been the topic of several recent analyst reports. Jefferies Financial Group reissued a “buy” rating and issued a $365.00 target price on shares of Alphabet in a research note on Monday, January 5th. UBS Group restated a “neutral” rating and issued a $348.00 price objective (up previously from $345.00) on shares of Alphabet in a report on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Sanford C. Bernstein reissued a “market perform” rating and set a $345.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Finally, BNP Paribas Exane started coverage on shares of Alphabet in a report on Monday, November 24th. They issued an “outperform” rating on the stock. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $343.90.

Alphabet Price Performance

NASDAQ:GOOG opened at $306.02 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15. The firm has a market capitalization of $3.70 trillion, a price-to-earnings ratio of 28.31, a PEG ratio of 1.80 and a beta of 1.10. The business has a 50 day simple moving average of $321.71 and a 200-day simple moving average of $276.93.

Alphabet (NASDAQ:GOOG) last released its earnings results on Wednesday, February 4th. 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 firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business’s revenue was up 18.0% on a year-over-year basis. During the same quarter last year, the business earned $2.15 EPS. Equities analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

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

Insider Buying and Selling at Alphabet

In other news, CAO Amie Thuener O’toole sold 933 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total transaction of $314,001.15. Following the transaction, the chief accounting officer owned 9,916 shares of the company’s stock, valued at approximately $3,337,229.80. This represents a 8.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,064,308 shares of company stock worth $104,383,469 over the last quarter. Insiders own 12.99% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud strength and AI adoption: Cloud revenue surged ~48% y/y, Gemini usage and API adoption are scaling rapidly and enterprise backlog expanded sharply—this supports longer‑term growth expectations. Google Cloud Revenue Just Surged 48%
• Positive Sentiment: Analyst upgrades and higher price targets: Several firms (Piper Sandler, KeyBanc and others) raised price targets after Q4 results, providing a cushion for the shares despite recent weakness. Piper Sandler and KeyBanc Raise Alphabet Price Targets
• Neutral Sentiment: AI summit visibility: CEO Sundar Pichai (and other industry leaders) attending a high‑profile AI summit in India raises Alphabet’s strategic profile in a key market but is more of a long‑term positive than an immediate price driver. India hosts global AI summit
• Neutral Sentiment: Options/contrarian flows: Some market commentary flags muted institutional urgency and suggests option strategies and contrarian buyers may be active around the pullback. This can limit downside but won’t move fundamentals immediately. Calm Waters for Alphabet Stock Present a Tempting Options Trade
• Negative Sentiment: Huge 2026 CapEx guidance and financing worries: Management signaled $175–185B in 2026 capex to build AI compute; investors fear lower free cash flow and additional debt issuance to fund spending. That guidance (and talk of tapping debt markets) is a primary reason for near‑term selling. Alphabet Stock Opinions on Q4 Earnings and AI Capex Surge
• Negative Sentiment: Insider and institutional selling: Recent filings and fund rebalances show notable insider sales and some large institutional trims, which increases short‑term selling pressure and investor caution. Altarock Partners Cuts Alphabet Stake
• Negative Sentiment: Retail sentiment/near‑term price action: Social discussions and short‑term technical selling (and a recent analyst note citing a $348 target after a February dip) have amplified momentum to the downside in the short term. Analysts Set $348 Target for Google After February Dip

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.