Paragon Private Wealth Management LLC Has $10.56 Million Stock Holdings in Alphabet Inc. $GOOGL

Paragon Private Wealth Management LLC boosted its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 36.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,427 shares of the information services provider’s stock after purchasing an additional 11,682 shares during the period. Alphabet comprises 3.5% of Paragon Private Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Paragon Private Wealth Management LLC’s holdings in Alphabet were worth $10,557,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Financial Gravity Companies Inc. bought a new stake in shares of Alphabet during the 2nd quarter worth approximately $31,000. CarsonAllaria Wealth Management Ltd. increased its stake in Alphabet by 36.4% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock worth $44,000 after purchasing an additional 67 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Alphabet during the third quarter worth $53,000. Corsicana & Co. purchased a new stake in shares of Alphabet during the third quarter valued at $54,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in shares of Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after purchasing an additional 89 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.

Insiders Place Their Bets

In related news, Director Frances Arnold sold 102 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $340.00, for a total transaction of $34,680.00. Following the completion of the sale, the director owned 18,307 shares of the company’s stock, valued at $6,224,380. This represents a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the completion of the transaction, the chief executive officer directly owned 2,179,372 shares in the company, valued at $730,481,906.96. This represents a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,067,686 shares of company stock worth $105,352,291. Insiders own 11.55% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts boosted targets and reiterated buys, supporting upside case for growth from AI and cloud — Daiwa lifted its target to $380 and President Capital lifted its target as well. Daiwa raises price target on Alphabet
• Positive Sentiment: EU granted unconditional antitrust approval for Google’s $32B acquisition of Wiz, removing a major regulatory obstacle for the company’s largest deal and supporting cloud/security growth expectations. EU clears Wiz acquisition
• Positive Sentiment: Waymo expanded fully autonomous service in Nashville, signaling progress in commercializing a core long-term growth area beyond advertising. Waymo goes fully autonomous
• Neutral Sentiment: Alphabet increased the size of a multi-part debt sale (reports say the raise topped $30B) as demand strengthened — provides funding for AI infrastructure but raises questions about capital structure and long-duration liabilities. Alphabet boosts debt sale above $30B
• Neutral Sentiment: Company offered voluntary exit packages to some business-unit employees — could reduce costs but also reflects strategic reorganization and execution risk. Google offers buyouts to some staff
• Negative Sentiment: Report that Google handed personal and financial data on a student/journalist to ICE (via subpoena not approved by a judge) raises privacy/regulatory and reputational risk. Google sent student data to ICE
• Negative Sentiment: European Publishers Council filed an EU antitrust complaint about Google’s AI Overviews, adding regulatory pressure around search/AI monetization. Publishers file antitrust complaint
• Negative Sentiment: Autodesk sued Google over alleged trademark infringement for AI video tools and other legal skirmishes/consumer-safety litigation are piling up — added litigation risk. Autodesk sues Google
• Negative Sentiment: High-profile critics and some investors flagged Alphabet’s century‑long debt issuance as worrisome; public comments (e.g., Michael Burry posts) add negative market sentiment. Michael Burry warns on Google

Alphabet Stock Down 1.8%

Shares of NASDAQ GOOGL opened at $318.57 on Wednesday. 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 stock has a market capitalization of $3.84 trillion, a PE ratio of 29.47, a price-to-earnings-growth ratio of 1.78 and a beta of 1.09. The stock’s fifty day simple moving average is $321.85 and its two-hundred day simple moving average is $273.11. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. As a group, analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given 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 of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on GOOGL shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. HSBC raised their target price on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. President Capital boosted their price target on Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday. The Goldman Sachs Group restated a “buy” rating and set a $375.00 price objective (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Finally, DA Davidson lifted their target price on Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $359.44.

About Alphabet

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.