Onyx Bridge Wealth Group LLC raised its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 17.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 16,905 shares of the information services provider’s stock after buying an additional 2,537 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in Alphabet were worth $4,110,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Delta Asset Management LLC TN increased its holdings in shares of Alphabet by 0.6% during the third quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock valued at $1,496,000 after acquiring an additional 37 shares in the last quarter. Matisse Capital raised its stake in shares of Alphabet by 0.3% in the third quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock worth $3,601,000 after purchasing an additional 38 shares during the last quarter. Breakwater Investment Management boosted its holdings in Alphabet by 1.0% in the third quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock valued at $1,028,000 after purchasing an additional 41 shares during the last quarter. Wealth Alliance Advisory Group LLC grew its position in Alphabet by 1.0% during the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after purchasing an additional 41 shares during the period. Finally, Clearview Wealth Advisors LLC lifted its holdings in shares of Alphabet by 3.3% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock valued at $312,000 after buying an additional 41 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet is folding its robotics-software unit Intrinsic into Google, signalling tighter integration of robotics/physical AI efforts and likely faster commercialization of automation tools. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
- Positive Sentiment: Waymo is expanding robotaxi testing to Chicago and Charlotte, accelerating route expansion and potential near-term revenue scale for Alphabet’s autonomous-vehicle unit. Waymo to begin testing in Chicago and Charlotte
- Positive Sentiment: Samsung’s S26 demonstrates deeper adoption of Google’s Gemini (autonomously operating third‑party apps), which supports Gemini’s distribution thesis and monetization pathway across devices. Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
- Positive Sentiment: Google announced a major 1.9GW clean-power backing for a new data center including a 100‑hour iron‑air battery — a long-duration storage deal that lowers carbon and energy risk for AI datacenter ops. Google’s new 1.9GW clean energy deal includes massive 100-hour battery
- Positive Sentiment: Loop Capital raised its GOOGL price target to $355, and Wells Fargo issued an upgrade — analyst support that can boost sentiment and flows into the stock. Loop Capital Boosts Alphabet (NASDAQ:GOOGL) Price Target to $355.00
- Positive Sentiment: Google says it disrupted a China‑linked hacking group that attacked dozens of organizations globally — a security win that reduces operational risk and demonstrates enterprise trustworthiness. Google disrupts Chinese-linked hackers that attacked 53 groups globally
- Neutral Sentiment: February short‑interest data in feeds appears erroneous (shows 0 shares / NaN changes); no clear short‑squeeze signal from that report. (data entry)
- Negative Sentiment: Regulatory pressure in Europe: Reuters reports Google will test showing rivals’ vertical search results more prominently to try to avoid an EU fine — highlights ongoing antitrust risk that can cap multiples. Exclusive: Google to test changes to search results, source says as EU fine looms
- Negative Sentiment: Russia fined Google ~22 million roubles (~$288k) over VPN distribution — a small hit monetarily but another reminder of geopolitical/legal friction in certain markets. Russia fines Google for distributing VPN services, TASS reports
- Negative Sentiment: Reports of insider selling were flagged in headlines, which can weigh on near‑term sentiment even if the transactions are not material to long‑term fundamentals. Alphabet (NASDAQ:GOOGL) Shares Down 1.1% After Insider Selling
Alphabet Stock Performance
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. As a group, equities research analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.
Alphabet Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be issued a $0.21 dividend. The ex-dividend date is 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 7.77%.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the stock. BNP Paribas Exane assumed coverage on shares of Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating and a $355.00 target price for the company. Jefferies Financial Group lifted their price target on shares of Alphabet from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. CICC Research boosted their target price on shares of Alphabet from $240.00 to $303.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. HSBC raised their price target on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Finally, Evercore reissued an “outperform” rating and set a $400.00 target price (up from $325.00) on shares of Alphabet in a report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $366.57.
Check Out Our Latest Analysis on GOOGL
Insider Buying and Selling
In other Alphabet news, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred 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 directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, 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 disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,112,482 shares of company stock valued at $119,145,289. Corporate insiders own 11.64% of the company’s stock.
Alphabet Company Profile
Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.
Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.
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