Alphabet Inc. $GOOG Shares Purchased by Avanza Fonder AB

Avanza Fonder AB boosted its stake in Alphabet Inc. (NASDAQ:GOOGFree Report) by 2.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 343,151 shares of the information services provider’s stock after buying an additional 8,450 shares during the period. Alphabet makes up approximately 2.8% of Avanza Fonder AB’s portfolio, making the stock its 6th biggest position. Avanza Fonder AB’s holdings in Alphabet were worth $107,681,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in GOOG. Imprint Wealth LLC acquired a new stake in Alphabet in the 3rd quarter valued at approximately $31,000. Manning & Napier Advisors LLC acquired a new stake in shares of Alphabet in the third quarter valued at $32,000. Tripletail Wealth Management LLC purchased a new stake in shares of Alphabet in the 3rd quarter valued at $40,000. Retirement Wealth Solutions LLC lifted its stake in Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after acquiring an additional 116 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC boosted its holdings in Alphabet by 56.8% during 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 and hedge funds.

Alphabet Stock Performance

NASDAQ:GOOG opened at $280.74 on Friday. The firm has a market capitalization of $3.40 trillion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 1.70 and a beta of 1.10. The business’s fifty day moving average price is $314.06 and its 200 day moving average price is $294.73. 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 12 month low of $142.66 and a 12 month high of $350.15.

Alphabet (NASDAQ:GOOGGet Free Report) last announced its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping 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%.Alphabet’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the previous year, the business earned $2.15 EPS. On average, sell-side analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Insiders Place Their Bets

In other news, insider John Kent Walker sold 47,574 shares of the business’s 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 completion of the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the transaction, the chief executive officer owned 2,244,372 shares of the company’s stock, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,110,165 shares of company stock valued at $118,134,117. 12.99% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

GOOG has been the topic of a number of recent research reports. TD Cowen reiterated a “buy” rating and set a $365.00 price target (up from $355.00) on shares of Alphabet in a research note on Thursday, February 5th. Jefferies Financial Group reiterated a “buy” rating and set a $365.00 target price on shares of Alphabet in a report on Monday, January 5th. BMO Capital Markets restated an “outperform” rating and issued a $400.00 price target on shares of Alphabet in a research note on Thursday, February 5th. DZ Bank upgraded Alphabet to a “strong-buy” rating in a research note on Monday, February 16th. Finally, Scotiabank reiterated an “outperform” rating and issued a $400.00 target price (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $345.71.

Check Out Our Latest Analysis on Alphabet

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: AI momentum — Google’s Gemini upgrades and other AI improvements are boosting Search engagement and product monetization potential, supporting the longer-term ad and cloud growth thesis. Analysts and AI-focused commentary highlight upside from AI-driven search/product improvements. Zacks: Alphabet Relies on AI to Boost Search Growth
  • Positive Sentiment: Analyst/institutional support — Some firms have nudged up FY EPS estimates and price targets (Erste, MarketBeat coverage of broad analyst upgrades), reflecting confidence in cloud, search and Gemini monetization — a stabilizing factor for long-term holders. MarketBeat: Analyst Optimism and Upgrades
  • Neutral Sentiment: Operational milestones — Waymo and DeepMind deals (robotics, AD miles) show execution in adjacent growth areas; positive for long-term optionality but limited near-term revenue impact. These are credibility wins but not big drivers of current quarter results. Blockonomi: Waymo Milestone
  • Negative Sentiment: Landmark liability verdicts — A Los Angeles jury found Google (YouTube) liable in a youth social-media addiction case; the ruling is being framed as a bellwether that could spur more suits and regulatory scrutiny. Investors are pricing in higher legal/regulatory risk and potential compliance costs, which has pressured the stock today. Reuters: US jury verdicts tee up fight over tech liability shield
  • Negative Sentiment: Sector spillover from AI/chip headlines — Google researchers’ memory-compression news (and the related debate) has sparked volatility across memory/chip suppliers; that throws a short-term cold shower on tech sentiment and can drive indiscriminate selling in megacaps despite the company being the source of the innovation. CNBC: Google AI breakthrough pressures memory chip stocks

About Alphabet

(Free Report)

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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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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