4,983 Shares in Alphabet Inc. $GOOG Purchased by NerdWallet Wealth Partners LLC

NerdWallet Wealth Partners LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOG) during the third quarter, Holdings Channel.com reports. The institutional investor bought 4,983 shares of the information services provider’s stock, valued at approximately $1,214,000. Alphabet makes up about 0.6% of NerdWallet Wealth Partners LLC’s investment portfolio, making the stock its 19th biggest position.

Other hedge funds also recently bought and sold shares of the company. ProVise Management Group LLC increased its position in shares of Alphabet by 2.3% during the third quarter. ProVise Management Group LLC now owns 178,285 shares of the information services provider’s stock valued at $43,421,000 after acquiring an additional 4,029 shares during the last quarter. B. Metzler seel. Sohn & Co. AG raised its stake in shares of Alphabet by 11.5% in the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 277,047 shares of the information services provider’s stock valued at $67,474,000 after acquiring an additional 28,480 shares during the period. Vinva Investment Management Ltd lifted its holdings in shares of Alphabet by 20.3% in the 3rd quarter. Vinva Investment Management Ltd now owns 424,738 shares of the information services provider’s stock worth $103,789,000 after acquiring an additional 71,777 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Alphabet by 1.2% in the 3rd quarter. Parallel Advisors LLC now owns 351,838 shares of the information services provider’s stock worth $85,690,000 after acquiring an additional 4,107 shares during the last quarter. Finally, Meiji Yasuda Life Insurance Co boosted its position in shares of Alphabet by 2.0% during the 3rd quarter. Meiji Yasuda Life Insurance Co now owns 10,924 shares of the information services provider’s stock worth $2,661,000 after purchasing an additional 214 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Price Performance

Alphabet stock opened at $298.30 on Monday. 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 52-week low of $142.66 and a 52-week high of $350.15. The firm has a market cap of $3.61 trillion, a PE ratio of 27.59, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10. The company’s 50 day moving average is $320.28 and its two-hundred day moving average is $287.43.

Alphabet (NASDAQ:GOOG) last posted its quarterly 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 the consensus estimate of $111.24 billion. During the same quarter in the previous year, the firm posted $2.15 earnings per share. The company’s quarterly revenue was up 18.0% compared to the same quarter last year. On average, research analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal 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 paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s payout ratio is presently 7.77%.

Insider Buying and Selling

In other news, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction that occurred 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. Over the last 90 days, insiders sold 2,112,493 shares of company stock valued at $118,605,094. Company insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on GOOG shares. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Loop Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. Piper Sandler reaffirmed an “overweight” rating and issued a $395.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Truist Financial set a $350.00 price objective on Alphabet in a report on Friday, December 5th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $345.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and an average price target of $343.90.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large enterprise/cloud wins and AI demand: Google Cloud deals (CVS health AI platform) and reported TPU leasing by Meta point to higher recurring cloud revenue and infrastructure utilization that support near‑term revenue growth. CVS taps Google Cloud Meta leases Google TPUs
• Positive Sentiment: Solid fundamentals/analyst support: Q4 results and earnings beats reinforce the “quality growth” narrative, and Bank of America’s reiterated Buy/$370 target keeps bull case intact. Q4 quality growth Bank of America maintains $370
• Neutral Sentiment: Anthropic access clarified: Google says Anthropic remains available for non‑defense uses after a DoD blacklist — this reduces near‑term disruption risk to customers but leaves policy uncertainty around defense contracts. Google on Anthropic availability
• Neutral Sentiment: Market narrative shifting: Analysts note GOOG’s strong 12‑month run has moved it from a “value” label to an execution/AI‑growth story — bullish if growth continues, but raises expectations. Forbes valuation piece
• Negative Sentiment: Geopolitical / physical risk to infrastructure: Reports that hyperscaler data centers are becoming military targets in the Iran war increase operational and security risk for cloud operations and potential outages. Data centers targeted
• Negative Sentiment: Regulatory/legal headwinds and fee cuts: The Epic Games settlement (lower Play Store commissions) and a high‑profile Gemini wrongful‑death lawsuit raise revenue/margin and liability concerns for consumer services. Play Store settlement Gemini lawsuit
• Negative Sentiment: Regulatory scrutiny on Waymo / AV safety and technical/short‑term chart pressure: NTSB/industry scrutiny of autonomous‑vehicle safety plus technical analysts calling a short thesis add to near‑term selling pressure. Waymo NTSB scrutiny Chart short thesis

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.