Calamos Wealth Management LLC Increases Position in Alphabet Inc. $GOOG

Calamos Wealth Management LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOG) by 10.4% during the third quarter, HoldingsChannel reports. The firm owned 77,242 shares of the information services provider’s stock after acquiring an additional 7,272 shares during the period. Calamos Wealth Management LLC’s holdings in Alphabet were worth $18,812,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Higgins & Schmidt Wealth Strategies LLC boosted its stake in Alphabet by 2.2% during the third quarter. Higgins & Schmidt Wealth Strategies LLC now owns 1,818 shares of the information services provider’s stock worth $443,000 after buying an additional 40 shares during the last quarter. Meritas Wealth Management LLC raised its holdings in shares of Alphabet by 3.0% during the 3rd quarter. Meritas Wealth Management LLC now owns 1,458 shares of the information services provider’s stock worth $355,000 after acquiring an additional 42 shares during the period. First Financial Bank Trust Division boosted its position in shares of Alphabet by 0.6% during the 3rd quarter. First Financial Bank Trust Division now owns 7,208 shares of the information services provider’s stock valued at $1,756,000 after acquiring an additional 45 shares during the last quarter. Falcon Wealth Planning grew its holdings in shares of Alphabet by 0.4% in the third quarter. Falcon Wealth Planning now owns 11,881 shares of the information services provider’s stock valued at $2,894,000 after purchasing an additional 45 shares during the period. Finally, Trust Co of the South increased its position in Alphabet by 0.5% during the third quarter. Trust Co of the South now owns 8,800 shares of the information services provider’s stock worth $2,143,000 after purchasing an additional 48 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the transaction, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This trade represents a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the transaction, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This trade represents a 23.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 195,465 shares of company stock valued at $57,056,497. 12.99% of the stock is owned by company insiders.

Analysts Set New Price Targets

GOOG has been the topic of several recent analyst reports. DA Davidson set a $300.00 target price on shares of Alphabet in a report on Tuesday, November 25th. Cowen reiterated a “buy” rating on shares of Alphabet in a report on Friday, December 12th. Raymond James Financial set a $275.00 target price on Alphabet and gave the stock an “outperform” rating in a research note on Friday, October 24th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $340.00 price target on shares of Alphabet in a research note on Thursday, October 30th. Finally, Bank of America increased their price target on Alphabet from $280.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $313.04.

Alphabet Stock Up 0.5%

Shares of NASDAQ GOOG opened at $315.32 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is $302.26 and its two-hundred day moving average is $244.72. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $328.67. The firm has a market cap of $3.80 trillion, a price-to-earnings ratio of 31.10, a PEG ratio of 1.74 and a beta of 1.09.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company’s revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.12 earnings per share. Research analysts predict that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were paid a dividend of $0.21 per share. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is 8.28%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum & monetization — Coverage highlights faster Gemini adoption, stronger YouTube/search integration and improving ad + cloud monetization that underpin revenue upside and multiple expansion. Article
• Positive Sentiment: Analyst and institutional backing — Several firms have raised targets and big holders (including UBS AM and Berkshire additions reported last quarter) continue to build positions, supporting sentiment and limiting downside. Article
• Neutral Sentiment: Options activity/earnings plays — Several retail/strategy pieces outline income and defined‑risk option trades (one‑month OTM puts, butterfly spreads) ahead of earnings; these signal increased short‑term options flow and hedging but not a directional fundamental change. Butterfly spread idea
• Neutral Sentiment: Longer‑term tech positioning — Pieces comparing legacy tech vs. pure‑play quantum note Alphabet as a lower‑risk way to get quantum/AI exposure, which appeals to investors preferring large‑cap stability over speculative small caps. Article
• Negative Sentiment: Insider selling headlines — Recent director and executive stock sales have been reported (SEC filings / press coverage); while routine for executives, high‑profile sell activity can weigh on near‑term sentiment. Article
• Negative Sentiment: Regulatory / lobbying overhang — New lobbying disclosures and reports of DOJ interest in company practices are drawing attention; escalation of enforcement or broad probes would increase volatility and could pressure multiples. Article

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.