Denali Advisors LLC Lowers Stake in Alphabet Inc. $GOOG

Denali Advisors LLC lessened its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 27.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 76,983 shares of the information services provider’s stock after selling 29,083 shares during the period. Alphabet accounts for 2.1% of Denali Advisors LLC’s investment portfolio, making the stock its 4th largest position. Denali Advisors LLC’s holdings in Alphabet were worth $18,749,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares in the last quarter. State Street Corp boosted its holdings in Alphabet by 1.3% in 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 period. Geode Capital Management LLC grew its stake in Alphabet by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock valued at $19,022,926,000 after buying an additional 441,177 shares in the last quarter. JPMorgan Chase & Co. grew its stake 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 buying an additional 7,904,434 shares in the last quarter. Finally, Sanders Capital LLC raised its holdings in Alphabet by 6.4% during the 2nd quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock valued at $6,272,146,000 after acquiring an additional 2,117,990 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big AI partnerships and product wins reinforce growth thesis — Google announced partnerships to build AI tools with Sea Ltd and is rolling music‑focused generative AI (Gemini) into consumer apps, underlining continued enterprise and consumer AI monetization opportunities. Google, Shopee-owner Sea to develop AI tools Google Gemini, Apple add music-focused generative AI features
• Positive Sentiment: Strategic infrastructure and international AI push — Alphabet unveiled the America‑India Connect initiative and committed substantial funding to an AI hub, supporting long‑term cloud and data‑center demand for Google Cloud. Alphabet Unveils America-India Connect
• Positive Sentiment: Street bullishness on AI growth — Analysts and newsletters have issued upgrades and higher targets (including a Seeking Alpha/TipRanks bullish take and DZ Bank strong‑buy), which supports upside expectations for ad, cloud and Gemini monetization. Gemini and Google Cloud analysis TipRanks price-target note
• Neutral Sentiment: Product/partner news with limited near‑term revenue impact — Google launched the $499 Pixel 10a and a Google Cloud partner (Alludium) gained Select status; useful for ecosystem depth but unlikely to move near‑term earnings materially. Google debuts $499 Pixel 10a Alludium Google Cloud Select partner
• Negative Sentiment: Regulatory/headline risk for Waymo — New York dropped a robotaxi expansion plan outside NYC, and Waymo faces scrutiny over remote assistance practices; any regulatory constraints or reputational hits could slow Waymo commercialization and raise costs. NY drops robotaxi proposal
• Negative Sentiment: Capital‑structure and capex concerns — Coverage flagged Alphabet’s issuance of an unusually long‑dated financing (100‑year bond) and the company’s very large AI/data‑center CapEx outlook; investors worry near‑term margins and free cash flow could be pressured even if the long‑term moat strengthens. 100-year bond analysis CapEx discussion
• Negative Sentiment: Institutional trimming & insider selling — Several funds trimmed positions in 13F filings and a director sold a small block; combined with profit‑taking after the strong run, this adds selling pressure despite longer‑term buyers. Director sale filing

Alphabet Stock Performance

Alphabet stock opened at $303.56 on Friday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market cap of $3.67 trillion, a P/E ratio of 28.08, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. The firm’s fifty day moving average price is $320.86 and its 200-day moving average price is $278.09.

Alphabet (NASDAQ:GOOG) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the prior year, the firm earned $2.15 earnings per share. The firm’s revenue was up 18.0% on a year-over-year basis. On average, equities research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Insider Transactions at Alphabet

In other Alphabet news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the sale, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This trade represents a 23.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,079,982 shares of company stock valued at $109,267,889. 12.99% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

GOOG has been the subject of several recent research reports. Wolfe Research lifted their price target on Alphabet from $290.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. Guggenheim reaffirmed a “buy” rating and set a $375.00 target price on shares of Alphabet in a report on Monday, December 1st. Cantor Fitzgerald reiterated a “neutral” rating on shares of Alphabet in a research report on Tuesday, January 20th. Mizuho set a $325.00 price target on shares of Alphabet in a report on Thursday, October 30th. Finally, DZ Bank raised shares of Alphabet to a “strong-buy” rating in a research note on Monday. Eight research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus price target of $343.90.

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.