Alphabet Inc. $GOOG Stock Holdings Lowered by Cannell & Spears LLC

Cannell & Spears LLC lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 6.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 795,073 shares of the information services provider’s stock after selling 59,228 shares during the quarter. Alphabet accounts for about 3.7% of Cannell & Spears LLC’s holdings, making the stock its 4th biggest holding. Cannell & Spears LLC’s holdings in Alphabet were worth $193,640,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Imprint Wealth LLC bought a new position in shares of Alphabet during the third quarter valued at about $31,000. Manning & Napier Advisors LLC bought a new stake in shares of Alphabet in the third quarter worth about $32,000. Tripletail Wealth Management LLC bought a new stake in shares of Alphabet in the third quarter worth about $40,000. University of Illinois Foundation purchased a new position in Alphabet during the 2nd quarter valued at about $31,000. Finally, Retirement Wealth Solutions LLC raised its position in Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock valued at $48,000 after purchasing an additional 116 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: GFiber is combining with Astound Broadband with Stonepeak as majority owner while Alphabet keeps a minority stake — this monetizes Google’s fiber asset, reduces future capex burden and leaves Alphabet with upside exposure to a larger independent broadband operator. Alphabet Inc. (GOOGL)’s Expanding Horizons: AI, Cloud, and Broadband Growth
• Positive Sentiment: Gemini AI is being added to Google Maps via “Ask Maps,” increasing product differentiation and engagement across a high-traffic app — a direct example of AI driving user value and monetization opportunities. Google (GOOGL) Adds Its Gemini AI Model to Google Maps to Allow More Detailed Questions
• Positive Sentiment: Google completed the acquisition of Wiz (~$32B), strengthening cloud security offerings — a strategic tuck-in that can help win larger enterprise cloud deals and justify higher cloud multiple over time. Google Just Closed Its $32 Billion Wiz Deal. How Should You Play GOOGL Stock Here?
• Positive Sentiment: Google changed Android billing rules, cut developer fees and resolved the Epic/Fortnite dispute — removing a legal overhang and improving developer economics for Play Store, which supports long-term app revenue resilience. Google (GOOGL) App Store Brings Back Fortnite, Changes Fee Structure
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive — recent coverage highlights strong Q4 results, cash-rich balance sheet and a consensus “Buy” tilt with several elevated price targets. This underpins medium-term investor confidence. Alphabet Q4: A Fairly Valued Tech Titan To Buy Now
• Neutral Sentiment: Social and options flow show heightened bullish conviction around Gemini and cloud, but this is sentiment-driven and can amplify short-term volatility rather than change fundamentals. Alphabet Stock (GOOG) Opinions on Gemini AI Advancements
• Neutral Sentiment: Recent short-interest data in feeds appears noisy/invalid and does not signal a meaningful squeeze or covering dynamic at present.
• Negative Sentiment: U.K. regulator warnings on protecting children online increase the risk of tighter rules and compliance costs for big tech — a regulatory backdrop that could pressure valuations if enforcement or new rules accelerate. Big tech given warning – and deadline – by UK regulator

Insider Transactions at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction 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 sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. This represents a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 2,076,615 shares of company stock worth $107,809,111. Corporate insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on GOOG. Raymond James Financial upgraded Alphabet from an “outperform” rating to a “strong-buy” rating and increased their price objective for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Royal Bank Of Canada restated an “outperform” rating and set a $375.00 target price on shares of Alphabet in a report on Thursday, January 15th. JPMorgan Chase & Co. lifted their price target on shares of Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Finally, Pivotal Research reissued a “buy” rating and set a $420.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Alphabet has an average rating of “Buy” and an average target price of $345.71.

Alphabet Stock Down 0.6%

Shares of NASDAQ:GOOG opened at $301.46 on Monday. The firm has a market capitalization of $3.65 trillion, a P/E ratio of 27.89, a P/E/G ratio of 1.76 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a 50 day moving average price of $319.36 and a 200-day moving average price of $290.90. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm’s revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.15 earnings per share. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

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.