Alphabet Inc. $GOOGL Shares Sold by New Century Financial Group LLC

New Century Financial Group LLC reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 79.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,465 shares of the information services provider’s stock after selling 9,697 shares during the period. New Century Financial Group LLC’s holdings in Alphabet were worth $599,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Sather Financial Group Inc boosted its stake in shares of Alphabet by 3.2% during the third quarter. Sather Financial Group Inc now owns 23,278 shares of the information services provider’s stock worth $5,659,000 after buying an additional 721 shares during the period. Pachira Investments Inc. raised its stake in Alphabet by 3.3% during the 3rd quarter. Pachira Investments Inc. now owns 5,195 shares of the information services provider’s stock valued at $1,263,000 after acquiring an additional 168 shares during the last quarter. Index Fund Advisors Inc. lifted its position in Alphabet by 13.8% during the 3rd quarter. Index Fund Advisors Inc. now owns 5,053 shares of the information services provider’s stock worth $1,228,000 after acquiring an additional 614 shares during the period. Capital & Planning LLC lifted its position in Alphabet by 2.1% during the 3rd quarter. Capital & Planning LLC now owns 2,419 shares of the information services provider’s stock worth $588,000 after acquiring an additional 50 shares during the period. Finally, McIlrath & Eck LLC grew its stake in shares of Alphabet by 4.7% in the 3rd quarter. McIlrath & Eck LLC now owns 10,172 shares of the information services provider’s stock valued at $2,473,000 after purchasing an additional 459 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Down 0.8%

Shares of GOOGL opened at $330.00 on Friday. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $340.49. 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 capitalization of $3.98 trillion, a P/E ratio of 32.54, a PEG ratio of 1.82 and a beta of 1.08. The firm’s 50-day moving average is $311.33 and its two-hundred day moving average is $254.85.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. On average, research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big AI monetization wins — Apple’s decision to build next‑gen Siri on Google’s Gemini (a central catalyst behind Alphabet topping a ~$4 trillion valuation) implies licensing revenue and much broader Gemini distribution, which supports revenue and margins. Read More.
• Positive Sentiment: Analyst backing — recent upgrades and a higher price target (e.g., Bank of America raised its GOOGL target) are propping sentiment and provide near‑term buy‑side support. Read More.
• Positive Sentiment: New commercial partnerships — Google announced a Woolworths pilot to add agentic AI to its Olive chatbot in Australia, expanding potential retail use cases and distribution for Google’s AI services. Read More.
• Neutral Sentiment: Competitive positioning — DeepMind leadership and comments that Chinese models are “months” behind support Alphabet’s technical edge, but competition remains intense and will keep investment cycles high. Read More.
• Negative Sentiment: Antitrust fallout — Google asked a judge to defer an order forcing it to share search data while it appeals a ruling that found an illegal monopoly in search; ongoing remedies or eventual enforcement could materially affect the core search business and ad economics. Read More.
• Negative Sentiment: Copyright litigation risk — major publishers are seeking to join a class action alleging Google used copyrighted material to train its AI, creating potential licensing costs, damages or restrictions on training data. Read More.
• Negative Sentiment: Infrastructure headwinds — Google warns U.S. transmission system constraints are slowing data‑center hookups and could raise capex and delay cloud/AI capacity expansion, pressuring near‑term margins. Read More.
• Negative Sentiment: Insider selling — a disclosed director sale (600 shares) is small but adds to mixed sentiment amid other headwinds. Read More.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of several recent research reports. Wall Street Zen raised Alphabet from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Hsbc Global Res upgraded shares of Alphabet to a “strong-buy” rating in a research report on Tuesday, October 7th. Wedbush reaffirmed an “outperform” rating and issued a $350.00 target price (up previously from $320.00) on shares of Alphabet in a report on Friday, December 19th. Morgan Stanley boosted their price target on shares of Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Finally, Loop Capital raised shares of Alphabet from a “hold” rating to a “buy” rating and increased their price target for the stock from $260.00 to $320.00 in a report on Tuesday, November 18th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $326.31.

Insider Activity

In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the completion of the transaction, the chief executive officer owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. The trade was a 1.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 189,909 shares of company stock worth $57,927,282 over the last 90 days. 11.64% of the stock is currently owned by corporate insiders.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.