Mainstay Capital Management LLC ADV Has $4.72 Million Holdings in Alphabet Inc. $GOOG

Mainstay Capital Management LLC ADV decreased its stake in Alphabet Inc. (NASDAQ:GOOG) by 49.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,360 shares of the information services provider’s stock after selling 18,570 shares during the quarter. Alphabet makes up about 0.5% of Mainstay Capital Management LLC ADV’s investment portfolio, making the stock its 17th largest position. Mainstay Capital Management LLC ADV’s holdings in Alphabet were worth $4,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in GOOG. State Street Corp boosted its holdings in shares of Alphabet by 1.3% in the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock worth $33,511,477,000 after acquiring an additional 2,428,266 shares in the last quarter. JPMorgan Chase & Co. lifted its position 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 worth $24,240,469,000 after buying an additional 7,904,434 shares in the last quarter. Alliancebernstein L.P. lifted its position in Alphabet by 5.8% during the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock worth $9,749,864,000 after buying an additional 2,209,203 shares in the last quarter. Legal & General Group Plc raised its stake in shares of Alphabet by 0.7% in the third quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock worth $7,935,671,000 after acquiring an additional 223,743 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of 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 purchasing an additional 695,736 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Alphabet Price Performance

Alphabet stock opened at $305.73 on Friday. The firm has a market capitalization of $3.70 trillion, a P/E ratio of 28.28, a PEG ratio of 1.79 and a beta of 1.10. The business has a 50-day moving average of $318.27 and a 200-day moving average of $292.42. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Alphabet’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 EPS. On average, equities analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is 7.77%.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction on 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 sale, the insider owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,110,165 shares of company stock worth $118,134,117 over the last 90 days. 12.99% of the stock is currently owned by corporate insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: New CVS partnership (Health100) expands Gemini AI into consumer healthcare and creates a potential commercial channel across pharmacy, insurance and wearables — a tangible monetization path for Gemini models. Read More.
• Positive Sentiment: DeepMind hired Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a high‑profile AI talent acquisition that strengthens research and commercial push vs. OpenAI/Anthropic. Read More.
• Positive Sentiment: Product momentum: Google’s updated Stitch / AI design tools are getting market traction and have pressured competitors (Figma, Adobe), signaling faster adoption of Google’s developer/designer workflows. Product wins can accelerate monetization of AI features. Read More.
• Positive Sentiment: Operational: Google signed utility deals to curb data‑center power use during peaks, helping secure capacity for AI workloads and reducing the risk of power shortages for new data centers. Read More.
• Positive Sentiment: Google Cloud strengthened security via the Wiz buyout, improving its enterprise positioning against AWS/Azure — supportive for enterprise AI adoption and higher‑margin cloud growth. Read More.
• Neutral Sentiment: Regulatory: Google will add an opt‑out for generative AI in search to address UK competition concerns — reduces near‑term regulatory friction but could limit product scope in the UK. Read More.
• Neutral Sentiment: Analyst/market context: Strong analyst sentiment, recent dividend initiation and high price targets support longer‑term confidence but leave valuation sensitive to execution and capex. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and other insiders have executed large, repeated sales this month — amplifies short‑term caution and can pressure sentiment. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: Greater reliance on Chinese suppliers for advanced liquid‑cooling (and possible acquisition) improves capacity but raises export, regulatory and geopolitical risk for AI infrastructure. Read More.
• Negative Sentiment: Macro/valuation risk: Ongoing hyperscaler AI capex is large and raises questions about the timing of returns — a counterweight to optimistic AI revenue narratives and a potential drag on near‑term multiples. Read More.

Analyst Ratings Changes

A number of brokerages have commented on GOOG. JPMorgan Chase & Co. lifted their target price on Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. BNP Paribas Exane began coverage on Alphabet in a report on Monday, November 24th. They issued an “outperform” rating on the stock. Pivotal Research reiterated a “buy” rating and issued a $420.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Scotiabank restated an “outperform” rating and set a $400.00 target price (up from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Alphabet presently has a consensus rating of “Buy” and an average price target of $345.71.

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.