Kelleher Financial Advisors Sells 4,676 Shares of Alphabet Inc. $GOOG

Kelleher Financial Advisors lowered its stake in Alphabet Inc. (NASDAQ:GOOG) by 7.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,969 shares of the information services provider’s stock after selling 4,676 shares during the period. Alphabet makes up approximately 3.4% of Kelleher Financial Advisors’ holdings, making the stock its 5th biggest position. Kelleher Financial Advisors’ holdings in Alphabet were worth $13,631,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of GOOG. Norges Bank acquired a new position in shares of Alphabet during the second quarter worth approximately $4,298,572,000. JPMorgan Chase & Co. raised 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 last quarter. Vanguard Group Inc. grew its position in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Alphabet by 73.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock worth $2,388,775,000 after purchasing an additional 4,154,929 shares during the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in shares of Alphabet by 17,547.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock valued at $731,331,000 after buying an additional 4,099,366 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched a faster, lower-cost Gemini 3.1 Flash‑Lite model and continues heavy AI/cloud investment — a clear revenue and margin growth thesis for Search and Cloud as AI adoption ramps. Google Launches Gemini 3.1 Flash-Lite
• Positive Sentiment: Analysts and modelers are lifting Alphabet’s fair value and price targets as AI and “heavy compute” capex are re‑priced into long‑term cash flow expectations — a bullish fundamental backdrop for multiples. How The Alphabet Investment Story Is Shifting
• Positive Sentiment: Institutional buying and notable stakes (including Berkshire’s disclosed position) reinforce demand and provide a floor to volatility; many firms still carry buy/outperform ratings. Berkshire Holds Alphabet Position
• Neutral Sentiment: Alphabet’s management outreach (recent Morgan Stanley conference presentation/transcript) provides incremental visibility on strategy and capex cadence but contained new guidance. Morgan Stanley Conference Transcript
• Neutral Sentiment: Short‑interest reports in the feed are inconsistent/low‑quality (zeros/NaN), so they’re not a reliable short‑term driver; ignore noisy short‑data anomalies until clearer reports arrive.
• Negative Sentiment: Escalating Middle East conflict has prompted temporary office closures and operational disruptions for tech firms, fueling broad market risk-off flows that pressure large cap tech stocks, including Alphabet. Offices Closed Amid U.S.-Iran War
• Negative Sentiment: Worker pushback and public scrutiny over military AI contracts could create reputational and contract‑execution uncertainty as Google negotiates Pentagon ties for Gemini — potential governance/PR headwinds. Employees Call for Military Limits
• Negative Sentiment: Competitive pressure: OpenAI released a new GPT‑5.3 Instant model on the same day as Google’s Gemini update, increasing the pace of model competition and the need for continued R&D spending. OpenAI Launches GPT-5.3 Instant
• Negative Sentiment: Waymo (Alphabet’s AV unit) is under NTSB investigation for incidents involving stopped school buses, creating regulatory and liability risk that can weigh on investor sentiment for the broader parent. NTSB Investigates Waymo Incidents

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on GOOG shares. Cantor Fitzgerald restated a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Citigroup restated a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $345.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Wedbush reissued an “outperform” rating and issued a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Finally, Raymond James Financial raised shares of Alphabet from an “outperform” rating to a “strong-buy” rating and raised their price objective for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $343.90.

Alphabet Price Performance

NASDAQ:GOOG opened at $303.53 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The firm has a market cap of $3.67 trillion, a PE ratio of 28.08, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The company’s 50-day moving average price is $321.14 and its two-hundred day moving average price is $285.34.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the previous year, the business earned $2.15 EPS. Alphabet’s revenue was up 18.0% compared to the same quarter last year. On average, equities analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend 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 is currently 7.77%.

Insider Transactions at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the company’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 transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the sale, the chief executive officer directly owned 2,818,524 shares of the company’s stock, valued at $856,605,814.08. This trade represents a 1.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 2,078,926 shares of company stock worth $108,426,720. Corporate insiders own 12.99% of the company’s stock.

About Alphabet

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.