Moneta Group Investment Advisors LLC raised its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 4.0% during the third quarter, HoldingsChannel.com reports. The firm owned 105,599 shares of the information services provider’s stock after purchasing an additional 4,058 shares during the period. Moneta Group Investment Advisors LLC’s holdings in Alphabet were worth $25,719,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in GOOG. Brighton Jones LLC lifted its stake in shares of Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after acquiring an additional 6,410 shares during the last quarter. Tortoise Investment Management LLC increased its stake in Alphabet by 5.8% in the second quarter. Tortoise Investment Management LLC now owns 2,590 shares of the information services provider’s stock worth $459,000 after purchasing an additional 141 shares during the period. Thomas Story & Son LLC purchased a new stake in Alphabet in the second quarter worth $224,000. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new stake in shares of Alphabet during the second quarter worth $12,169,000. Finally, Y.D. More Investments Ltd lifted its position in shares of Alphabet by 7.8% during the second quarter. Y.D. More Investments Ltd now owns 47,972 shares of the information services provider’s stock worth $8,503,000 after purchasing an additional 3,486 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.
Alphabet Trading Up 1.0%
GOOG opened at $304.42 on Tuesday. The stock has a fifty day moving average price of $319.10 and a 200-day moving average price of $291.55. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. 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 firm has a market cap of $3.68 trillion, a price-to-earnings ratio of 28.16, a PEG ratio of 1.76 and a beta of 1.10.
Alphabet Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s payout ratio is 7.77%.
Insider Activity at Alphabet
In other news, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $306.73, for a total transaction of $184,038.00. Following the transaction, the director directly owned 20,624 shares of the company’s stock, valued at approximately $6,325,999.52. This represents a 2.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total value of $9,859,850.00. Following the sale, the chief executive officer owned 1,674,560 shares of the company’s stock, valued at approximately $508,028,012.80. This represents a 1.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,076,615 shares of company stock valued at $107,809,111 over the last three months. Company insiders own 12.99% of the company’s stock.
Analyst Ratings Changes
GOOG has been the topic of a number of research analyst reports. BMO Capital Markets restated an “outperform” rating and issued a $400.00 price target on shares of Alphabet in a report on Thursday, February 5th. Canaccord Genuity Group boosted their price objective on shares of Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Oppenheimer restated an “outperform” rating and issued a $360.00 target price on shares of Alphabet in a research note on Thursday, February 5th. BNP Paribas Exane initiated coverage on Alphabet in a report on Monday, November 24th. They issued an “outperform” rating for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Nine investment 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. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $345.71.
Get Our Latest Analysis on GOOG
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet closed its acquisition of cybersecurity company Wiz — a large, strategic deal that accelerates Google Cloud’s enterprise security offering and supports higher-margin cloud growth expectations. Alphabet Inc. (GOOG) Announces Completion of its Acquisition of Wiz
- Positive Sentiment: Analyses and investor letters highlight renewed momentum in Google Cloud and AI positioning (new growth pillars), reinforcing the narrative that Cloud is a multi-year growth engine for Alphabet. Alphabet: Inside Google Cloud’s New Growth Pillars
- Positive Sentiment: Alphabet’s recent fundamentals (strong revenue and an earnings beat in its latest quarter) remain a supportive backdrop for the stock, underpinning investor confidence in AI-driven monetization and cloud expansion.
- Neutral Sentiment: Alphabet and other big tech firms pledged to power next‑generation data centers at the White House — this supports long‑term infrastructure needs for AI/Cloud but is a gradual, multi‑year catalyst. Alphabet (GOOGL) and Other Tech Giants Pledge at White House to Power Next-Generation Data Centers
- Neutral Sentiment: Media coverage and analyst pieces (Zacks, InsiderMonkey, Seeking Alpha, Motley Fool pieces in the feed) keep the stock in investors’ spotlight — that can amplify moves but is not a direct catalyst. Alphabet (GOOGL) Surpasses Market Returns: Some Facts Worth Knowing
- Neutral Sentiment: Reported short‑interest figures show zero shares in the feed — likely a data anomaly rather than a meaningful change in positioning. (Short‑interest metrics appear unreliable in this update.)
- Neutral Sentiment: Elon Musk’s comment that SpaceX will “far exceed” Google DeepMind in AI is a headline grabber but has limited immediate impact on Alphabet’s fundamentals; it is more noise in the competitive narrative. Elon Musk Says SpaceX Will ‘Far Exceed’ Google DeepMind In AI
- Negative Sentiment: European publishers and tech firms are urging EU regulators to speed up and impose a large antitrust fine over alleged self‑preferencing in Google Search; an adverse ruling or fine would be a material regulatory risk for Alphabet’s core search business in Europe. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search
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.
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