Index Fund Advisors Inc. Has $1.26 Million Stock Position in Alphabet Inc. $GOOG

Index Fund Advisors Inc. lifted its position in Alphabet Inc. (NASDAQ:GOOG) by 199.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,161 shares of the information services provider’s stock after buying an additional 3,436 shares during the period. Index Fund Advisors Inc.’s holdings in Alphabet were worth $1,257,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its holdings in Alphabet by 580,897.4% during the 2nd 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 buying an additional 135,064,454 shares during the period. Norges Bank acquired a new stake in shares of Alphabet during the second quarter worth $4,298,572,000. Vanguard Group Inc. raised its holdings in shares of Alphabet by 1.3% during the second 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 during the period. Assenagon Asset Management S.A. lifted its position in Alphabet by 73.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock valued at $2,388,775,000 after acquiring an additional 4,154,929 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its stake in Alphabet by 17,547.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock worth $731,331,000 after purchasing an additional 4,099,366 shares during the period. 27.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on GOOG. KeyCorp reissued an “overweight” rating and issued a $330.00 price target on shares of Alphabet in a research note on Thursday, October 30th. Mizuho set a $325.00 target price on Alphabet in a research report on Thursday, October 30th. Sanford C. Bernstein upped their price target on Alphabet from $260.00 to $305.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Morgan Stanley boosted their price objective on shares of Alphabet from $210.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Finally, BNP Paribas began coverage on shares of Alphabet in a report on Monday, November 24th. They set an “outperform” rating for the company. Seven analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $318.18.

Alphabet Price Performance

Shares of GOOG opened at $332.73 on Tuesday. The company 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 1-year low of $142.66 and a 1-year high of $334.44. The company’s fifty day simple moving average is $307.88 and its 200 day simple moving average is $251.71. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

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

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were issued 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 (DPR) is presently 8.28%.

Key Headlines Impacting Alphabet

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’

Insiders Place Their Bets

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $288.26, for a total value of $800,786.28. Following the completion of the sale, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at $3,383,884.14. This trade represents a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the transaction, the insider owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This represents a 29.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 227,365 shares of company stock valued at $67,350,070 over the last 90 days. 12.99% of the stock is currently owned by insiders.

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.