Alphabet Inc. $GOOG Shares Sold by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC cut its stake in Alphabet Inc. (NASDAQ:GOOG) by 18.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,400 shares of the information services provider’s stock after selling 15,113 shares during the quarter. Alphabet accounts for 5.4% of Roberts Wealth Advisors LLC’s holdings, making the stock its 4th biggest position. Roberts Wealth Advisors LLC’s holdings in Alphabet were worth $20,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Accelerate Investment Advisors LLC grew its holdings in Alphabet by 1.1% during the fourth quarter. Accelerate Investment Advisors LLC now owns 3,166 shares of the information services provider’s stock valued at $993,000 after purchasing an additional 34 shares during the period. Morse Asset Management Inc raised its holdings in Alphabet by 3.3% in the third quarter. Morse Asset Management Inc now owns 1,093 shares of the information services provider’s stock worth $266,000 after purchasing an additional 35 shares during the period. Robinson Smith Wealth Advisors LLC boosted its position in shares of Alphabet by 1.8% during the third quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock worth $504,000 after purchasing an additional 36 shares in the last quarter. Searle & CO. boosted its position in shares of Alphabet by 0.6% during the third quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock worth $1,389,000 after purchasing an additional 36 shares in the last quarter. Finally, Navellier & Associates Inc. grew its holdings in shares of Alphabet by 0.6% in the 3rd 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 period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is deepening its AI infrastructure ties by backing a massive Texas data‑center project to be leased by Anthropic — a strategic move that secures capacity for large AI models and strengthens a key partner relationship. Read More.
• Positive Sentiment: Wall Street has been raising targets: Needham and other analysts have issued $400+/high‑3xx targets and firms like Wells Fargo raised theirs recently — supporting medium‑term upside narratives despite the pullback. Read More.
• Positive Sentiment: Fundamentals remain strong: recent quarterly beats, accelerating Google Cloud backlog (~$240B reported), and rapid Gemini adoption underpin revenue visibility and long‑term growth expectations. Read More.
• Positive Sentiment: Google Research’s TurboQuant memory‑compression work has spooked memory suppliers but can be a net positive for Alphabet — lower AI infrastructure costs and greater model efficiency improve margins and competitive positioning. Read More.
• Neutral Sentiment: Technically the stock is in a correction from its highs and some commentators frame the selloff as a buying opportunity; price action below key short‑term supports is increasing volatility but not yet changing the longer‑term bull case. Read More.
• Negative Sentiment: Legal risk intensified after a high‑profile jury found YouTube (Alphabet) liable in a social‑media addiction bellwether case — the direct damages are small but the ruling increases headline and litigation risk across many pending suits and could force product or regulatory changes that hit engagement/ads. Read More.
• Negative Sentiment: Broader market and geopolitical pressures: a tech sector selloff (Nasdaq weakness, Iran war worries) and legal blows to peers like Meta have amplified outflows from large cap tech, pressuring GOOG along with the group. Read More.
• Negative Sentiment: Institutional/insider moves and high‑profile position trims (reported sales and some billionaire reductions) add selling pressure and headline risk in the near term. Read More.

Alphabet Price Performance

Shares of Alphabet stock opened at $273.76 on Monday. The firm has a market cap of $3.31 trillion, a PE ratio of 25.32, a P/E/G ratio of 1.60 and a beta of 1.10. The business’s 50 day simple moving average is $312.93 and its 200 day simple moving average is $295.78. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the prior year, the company posted $2.15 earnings per share. The firm’s revenue was up 18.0% on a year-over-year basis. On average, analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Pivotal Research reaffirmed a “buy” rating and set a $420.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Piper Sandler reiterated an “overweight” rating and set a $395.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $345.71.

Insiders Place Their Bets

In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, January 7th. The stock was 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 directly owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director directly owned 4,631 shares in the company, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,110,165 shares of company stock worth $118,134,117 in the last three months. 12.99% of the stock is owned by corporate insiders.

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.