Dakota Wealth Management decreased its position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,404 shares of the information services provider’s stock after selling 6,450 shares during the period. Alphabet accounts for 0.8% of Dakota Wealth Management’s investment portfolio, making the stock its 22nd biggest holding. Dakota Wealth Management’s holdings in Alphabet were worth $46,883,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. State Street Corp lifted its position in shares of Alphabet by 1.3% during 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 purchasing an additional 2,428,266 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Alphabet by 8.6% during 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 purchasing an additional 7,904,434 shares during the period. Alliancebernstein L.P. grew its holdings in Alphabet by 5.8% in the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock valued at $9,749,864,000 after buying an additional 2,209,203 shares during the last quarter. Legal & General Group Plc grew its holdings in Alphabet by 0.7% in the 3rd quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock valued at $7,935,671,000 after buying an additional 223,743 shares during the last quarter. Finally, Capital World Investors increased its position in Alphabet by 1.9% in the 3rd quarter. Capital World Investors now owns 28,625,464 shares of the information services provider’s stock worth $6,971,769,000 after buying an additional 539,679 shares during the period. 27.26% of the stock is currently owned by institutional investors.
Alphabet Stock Down 0.2%
NASDAQ GOOG opened at $273.14 on Tuesday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock’s 50 day moving average is $311.78 and its two-hundred day moving average is $296.01. The company has a market capitalization of $3.30 trillion, a price-to-earnings ratio of 25.27, a PEG ratio of 1.60 and a beta of 1.10. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $350.15.
Alphabet Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.
Analysts Set New Price Targets
A number of brokerages have recently commented on GOOG. Wedbush reiterated an “outperform” rating and set a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Cantor Fitzgerald restated a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. Piper Sandler reiterated an “overweight” rating and set a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Finally, Oppenheimer reissued an “outperform” rating and issued a $360.00 price target 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 assigned a Hold 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 $345.71.
View Our Latest Stock Report on Alphabet
Insider Activity
In other news, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the sale, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,092,336 shares of company stock valued at $112,519,943. 12.99% of the stock is owned by company insiders.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: New AI features and model upgrades (Live Translate expansion, Gemini/Lyria updates) broaden Alphabet’s consumer and developer moat and support ad/cloud monetization and ecosystem engagement. Alphabet Stock (GOOGL) Opinions on AI Product Launches
- Positive Sentiment: Alphabet’s new compression/efficiency tech (TurboQuant) and related research (and coverage noting cost advantages and custom chips) could materially lower AI infrastructure costs for Google and boost margins long-term. This underpins many analyst bullish calls and elevated price targets. Alphabet Just Introduced Its Newest AI Advantage, and It’s Another Reason to Buy the Stock
- Positive Sentiment: Wall Street and independent forecasters remain constructive: multiple buy/outperform ratings and high median price targets (many in the $350–$400+ range) support longer-term upside expectations. Finance experts predict Google stock price for end of 2026
- Neutral Sentiment: Insider transaction data show heavy sales activity over recent months; most appear routine/planned but can add noise to market sentiment. Context: CEO and other insiders have repeatedly sold shares, which some investors interpret as portfolio moves rather than negative signals. Alphabet Stock (GOOGL) Opinions on AI Product Launches
- Neutral Sentiment: Talent moves — Apple hiring a former Google shopping executive to lead its AI marketing — are noteworthy but not material to Alphabet’s core AI and cloud economics today. Apple Recruits Google Shopping Exec to Lead AI Marketing
- Negative Sentiment: A Los Angeles jury found Google (YouTube) liable in a social-media addiction case, imposing a small direct award but raising fears of broader regulation and follow‑on litigation that could increase compliance costs or platform constraints. Investors are treating this as an incremental risk factor. Meta (META) and Google (GOOGL) Held Liable in Landmark Social Media Addiction Lawsuit
- Negative Sentiment: Market volatility following TurboQuant announcements sparked a sell-off in memory and related stocks and contributed to sector rotation that pressured Alphabet shares despite the company-first benefits — short-term headline-driven selling amplified losses. TurboQuant Panic: Why Market Is Wrong About Google’s Newest AI Breakthrough
Alphabet Company 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.
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