Alphabet Inc. $GOOG is RPG Investment Advisory LLC’s 2nd Largest Position

RPG Investment Advisory LLC lessened its holdings in Alphabet Inc. (NASDAQ:GOOG) by 9.5% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 148,894 shares of the information services provider’s stock after selling 15,667 shares during the quarter. Alphabet makes up 4.3% of RPG Investment Advisory LLC’s holdings, making the stock its 2nd largest holding. RPG Investment Advisory LLC’s holdings in Alphabet were worth $36,262,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Kingstone Capital Partners Texas LLC grew its holdings in shares of Alphabet by 580,897.4% in the second quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock worth $23,963,208,000 after purchasing an additional 135,064,454 shares during the last quarter. Norges Bank purchased a new stake in Alphabet in the 2nd quarter valued at about $4,298,572,000. Vanguard Group Inc. grew its stake in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after acquiring an additional 5,182,111 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of Alphabet by 73.5% during the third quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock worth $2,388,775,000 after acquiring an additional 4,154,929 shares during the period. Finally, Laurel Wealth Advisors LLC increased its position in shares of Alphabet by 17,547.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock worth $731,331,000 after acquiring an additional 4,099,366 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Activity at Alphabet

In other news, Director John L. Hennessy sold 600 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $308.19, for a total transaction of $184,914.00. Following the completion of the sale, the director owned 3,916 shares in the company, valued at approximately $1,206,872.04. This represents a 13.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the transaction, the chief executive officer owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. This trade represents a 1.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 227,365 shares of company stock valued at $67,350,070 over the last three months. Company insiders own 12.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on GOOG shares. Oppenheimer increased their price objective on Alphabet from $300.00 to $345.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a report on Wednesday, December 17th. UBS Group reissued a “neutral” rating on shares of Alphabet in a research report on Thursday, October 30th. Robert W. Baird raised their price target on Alphabet from $215.00 to $275.00 and gave the company an “outperform” rating in a research note on Monday, September 22nd. Finally, Hsbc Global Res raised shares of Alphabet to a “strong-buy” rating in a research note on Tuesday, October 7th. Seven investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Alphabet currently has a consensus rating of “Buy” and a consensus price target of $318.18.

Alphabet Trading Up 1.1%

GOOG opened at $332.73 on Tuesday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The firm has a market cap of $4.02 trillion, a price-to-earnings ratio of 32.81, a PEG ratio of 1.82 and a beta of 1.09. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $334.44. The stock has a fifty day moving average price of $307.88 and a 200-day moving average price of $251.71.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.12 earnings per share. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were given a dividend of $0.21 per share. The ex-dividend date of this dividend 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 presently 8.28%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple chooses Google’s Gemini to power the next generation of Siri and Apple Foundation Models — a multi‑year licensing/cloud deal that validates Gemini at scale and gives Alphabet a high‑margin, recurring revenue channel and access to Apple’s huge device base. Google and Apple enter into multi-year AI deal for Gemini models
• Positive Sentiment: AI optimism pushed Alphabet into the ~$4 trillion market‑cap club — headlines and analyst commentary frame Google as a potential long‑term AI winner (Gemini, Cloud, TPUs), which fuels momentum buying and multiple expansion. Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
• Positive Sentiment: Jefferies and other sell‑side notes highlight Alphabet’s data moat and Cloud/AI growth as durable upside drivers — supportive research helps underpin longer‑term buy interest despite a rich near‑term multiple. Jefferies Sees Alphabet’s (GOOGL) Data Moat and Cloud Growth Driving Long-Term Upside
• Neutral Sentiment: Some analysts are tempering enthusiasm by lowering conviction or trimming ratings (e.g., downgrades from “Strong Buy” to “Buy”) citing stretched forward multiples — this signals limited near‑term upside even as fundamentals stay strong. Alphabet: Reviewing My 2025 Top Pick, Downgrade To Buy On Less Attractive Setup
• Negative Sentiment: Institutional portfolio moves show some trimming of GOOGL positions in recent 13F updates (e.g., Davenport & Co and E. Ohman filings flagged reductions), which could modestly weigh supply/demand dynamics if continued. Fund Update: DAVENPORT & Co LLC Just Disclosed New Holdings
• Negative Sentiment: Notable insider selling activity (including CEO sales disclosed in filings) is being tracked by markets and can add short‑term selling pressure or concern about timing of stock sales. Alphabet (GOOGL) Delivered Solid Performance in the Quarter
• Negative Sentiment: High‑profile criticism (Elon Musk calling the deal an “unreasonable concentration of power”) creates headline risk and could attract regulatory scrutiny or political attention over big‑tech partnerships — a reputational/regulatory risk to monitor. Elon Musk Slams Google, Apple Deal: ‘Unreasonable Concentration Of Power’

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.