Alphabet Inc. $GOOG Shares Sold by Matthew Goff Investment Advisor LLC

Matthew Goff Investment Advisor LLC trimmed its holdings in Alphabet Inc. (NASDAQ:GOOG) by 2.0% during the fourth quarter, HoldingsChannel reports. The firm owned 122,857 shares of the information services provider’s stock after selling 2,557 shares during the period. Alphabet comprises about 6.5% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 3rd biggest holding. Matthew Goff Investment Advisor LLC’s holdings in Alphabet were worth $38,552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Imprint Wealth LLC purchased a new position in Alphabet during the third quarter worth approximately $31,000. Manning & Napier Advisors LLC purchased a new stake in Alphabet in the 3rd quarter valued at $32,000. Tripletail Wealth Management LLC acquired a new stake in shares of Alphabet in the 3rd quarter worth $40,000. Retirement Wealth Solutions LLC increased its stake in shares of Alphabet by 145.0% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after acquiring an additional 116 shares during the last quarter. Finally, Bay Harbor Wealth Management LLC raised its holdings in shares of Alphabet by 56.8% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock worth $53,000 after acquiring an additional 79 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on GOOG shares. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $365.00 target price on shares of Alphabet in a report on Monday, January 5th. Truist Financial set a $350.00 price target on shares of Alphabet in a research note on Friday, December 5th. Wedbush restated an “outperform” rating and set a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $370.00 price target on shares of Alphabet in a research report on Tuesday, January 20th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet presently has an average rating of “Buy” and a consensus price target of $345.71.

Insider Buying and Selling

In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer owned 1,642,060 shares in the company, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,101,227 shares of company stock valued at $114,969,050 over the last quarter. 12.99% of the stock is owned by corporate insiders.

Alphabet Trading Down 0.1%

NASDAQ GOOG opened at $294.46 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market capitalization of $3.56 trillion, a P/E ratio of 27.24, a PEG ratio of 1.81 and a beta of 1.13. The firm’s 50-day moving average is $309.68 and its two-hundred day moving average is $296.30. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $111.24 billion. During the same period last year, the business earned $2.15 earnings per share. The business’s revenue for the quarter was up 18.0% on a year-over-year basis. On average, sell-side analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

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

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Gemma 4, a new open-source AI model family that reinforces Google’s AI leadership and developer ecosystem—positive for long‑term cloud and AI monetization. Google Introduces Gemma 4
• Positive Sentiment: Market commentary highlights Google’s TurboQuant memory/compression advances as a potential efficiency and performance edge for large models — this can improve margins on AI workloads over time. Google’s TurboQuant Breakthrough
• Positive Sentiment: Needham and other firms continue to voice bullishness (Needham reiterated a Buy with a high price target), keeping analyst sentiment supportive for upside once market focus returns to fundamentals. Needham Reiterates Buy
• Neutral Sentiment: Wells Fargo kept an Overweight stance on Alphabet but trimmed price targets — signals confidence in the story but slightly cooler near‑term expectations. Wells Fargo Keeps Overweight, Cuts PTs
• Neutral Sentiment: Broader market flows and ETF activity (SPY/QQQ/VTI moves) have amplified Alphabet’s intraday swings — i.e., macro risk‑on/off and large‑cap index moves remain an execution risk for short‑term price action. SPY/ETF Context
• Negative Sentiment: Amie Thuener O’Toole, Alphabet’s principal accounting officer, is leaving to become Broadcom’s CFO — the loss of a senior finance leader creates short‑term execution and transition risk. Broadcom Taps Alphabet Executive as CFO (Reuters)
• Negative Sentiment: Semianalysis’ CEO warned that Google’s free cash flow could be driven to near zero next year by heavy AI capex — a reminder that aggressive infrastructure spending may pressure near‑term cash flow and valuation multiples. Semianalysis CEO: FCF Hit by AI CapEx
• Negative Sentiment: Insider selling by senior executives (recent sales reported for John Kent Walker and others) can weigh on sentiment, especially with elevated market sensitivity to insider activity. Insider Sale: John Kent Walker

Alphabet Company 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.