Brown Wealth Management LLC Purchases Shares of 5,264 Alphabet Inc. $GOOG

Brown Wealth Management LLC acquired a new stake in Alphabet Inc. (NASDAQ:GOOG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 5,264 shares of the information services provider’s stock, valued at approximately $1,282,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its position 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 valued at $73,927,821,000 after purchasing an additional 5,182,111 shares during the period. State Street Corp grew its stake 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 valued at $33,511,477,000 after buying an additional 2,428,266 shares during the last quarter. Geode Capital Management LLC raised its holdings 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 acquiring an additional 441,177 shares during the period. Sanders Capital LLC lifted its position in Alphabet by 6.4% during the second quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock worth $6,272,146,000 after acquiring an additional 2,117,990 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Alphabet by 2.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 31,503,035 shares of the information services provider’s stock worth $5,588,323,000 after acquiring an additional 695,736 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on GOOG. Pivotal Research reaffirmed a “buy” rating and issued a $420.00 target price (up previously from $400.00) on shares of Alphabet in a research report on Thursday. Bank of America upped their price objective on Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Royal Bank Of Canada reissued an “outperform” rating and set a $375.00 target price on shares of Alphabet in a report on Thursday, January 15th. Wedbush reissued an “outperform” rating and issued a $370.00 target price on shares of Alphabet in a research report on Thursday. Finally, TD Cowen reaffirmed a “buy” rating and set a $365.00 price target (up from $355.00) on shares of Alphabet in a research report on Thursday. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $343.47.

Alphabet Price Performance

GOOG stock opened at $324.40 on Tuesday. The company’s 50-day moving average price is $322.51 and its two-hundred day moving average price is $272.87. The firm has a market cap of $3.91 trillion, a P/E ratio of 30.01, a P/E/G ratio of 1.79 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share 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 net margin of 32.81% and a return on equity of 35.01%. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.15 EPS. On average, 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 will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and Cloud strength — Alphabet’s Q4 results and analyst takeaways highlighted robust revenue, a fast‑growing Google Cloud (high revenue and margin expansion) and bullish analyst upgrades, reinforcing growth expectations. Alphabet Q4 Takeaway: Doubling Down On Cloud And AI Investments Should Pay Off
• Positive Sentiment: Big bond raise to fund AI buildout — Alphabet is tapping the U.S. high‑grade bond market (reported plan ~ $15B) to fund AI infrastructure and capex, which investors view as backing for long‑term AI monetization. Alphabet’s debt raise fuels forecasts for record year in corporate bond sales
• Positive Sentiment: Legal win limits damages — A court ruling trimmed a previously reported $2.36B penalty tied to past data‑collection practices, reducing near‑term legal overhang. Alphabet (GOOGL)’s Legal Ruling Limits Damages, Analysts Remain Constructive
• Positive Sentiment: Waymo autonomous expansion — Waymo announced fully autonomous operations in Nashville, a concrete execution step for its robotaxi business that supports long‑term service/monetization upside. Waymo goes fully autonomous in Nashville
• Positive Sentiment: Long‑term power deal for data centers — TotalEnergies signed long‑term solar supply pacts to power Google’s Texas data centers, helping secure lower‑cost, sustainable power for AI compute growth. TotalEnergies to provide solar power to Google’s Texas data centres
• Neutral Sentiment: Management flags AI risks even as it raises debt — Alphabet added new AI‑related risk disclosures (including potential ad impacts and long‑duration commercial contracts) in annual filings; investors are parsing how these qualitative risks map to longer‑term revenue/cost outcomes. Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
• Negative Sentiment: New trademark lawsuit over AI video tools — Autodesk sued Google alleging trademark infringement around AI video software branding, adding another legal distraction with unclear but potentially incremental costs. Google sued by Autodesk over AI-powered movie-making software
• Negative Sentiment: Insider selling headlines — Recent disclosure of CEO and other insider stock sales adds a near‑term headline risk that some traders watch, though such sales have been frequent historically. Insider Selling: Alphabet (NASDAQ:GOOG) CEO Sells $10,893,350.00 in Stock

Insiders Place Their Bets

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the sale, the chief accounting officer directly owned 8,962 shares in the company, valued at $2,798,832.60. This trade represents a 23.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 2,070,464 shares of company stock worth $106,153,077. 12.99% of the stock is currently owned by company 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.