Concurrent Investment Advisors LLC Boosts Stock Position in Alphabet Inc. $GOOG

Concurrent Investment Advisors LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 143,414 shares of the information services provider’s stock after purchasing an additional 3,094 shares during the period. Concurrent Investment Advisors LLC’s holdings in Alphabet were worth $34,928,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC boosted its stake in Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after purchasing an additional 6,410 shares during the period. Capital Advantage Inc. increased its position in shares of Alphabet by 63.4% during the 2nd quarter. Capital Advantage Inc. now owns 3,330 shares of the information services provider’s stock valued at $591,000 after purchasing an additional 1,292 shares during the period. Grant Private Wealth Management Inc boosted its stake in Alphabet by 168.3% during the second quarter. Grant Private Wealth Management Inc now owns 23,920 shares of the information services provider’s stock valued at $4,243,000 after buying an additional 15,005 shares in the last quarter. Meriwether Wealth & Planning LLC grew its holdings in Alphabet by 3.0% during the second quarter. Meriwether Wealth & Planning LLC now owns 12,458 shares of the information services provider’s stock worth $2,210,000 after acquiring an additional 358 shares during the period. Finally, Oak Asset Management LLC raised its position in Alphabet by 53.6% in the second quarter. Oak Asset Management LLC now owns 14,320 shares of the information services provider’s stock worth $2,540,000 after acquiring an additional 5,000 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: RBC raised its price target to $375 and kept an Outperform rating, citing faster-than-expected AI-driven ad rollout, a larger SMB ad addressable market, and CTV tailwinds tied to the Olympics — a clear bullish analyst signal. RBC Raises Alphabet (GOOGL) Target on AI Advertising Momentum
• Positive Sentiment: Gemini API usage has more than doubled in five months, indicating faster monetization of Google’s improved Gemini models and implying near-term ad/API revenue upside as developers and partners increase spend. Gemini Usage Explodes as API Calls More than Double in Five Months
• Positive Sentiment: Analysts and outlets continue to highlight Google Cloud as a major earnings lever (discussion that Cloud could help push ~$20B in operating income), reinforcing expectations that cloud + AI will sustain revenue and margin expansion. Will Alphabet’s Cloud Division Fuel $20 Billion in Income?
• Positive Sentiment: High-profile investors continue to hold Alphabet as a core position (Bill Ackman among those with GOOG exposure), which can support valuation stability and signals institutional confidence. Billionaire Bill Ackman Has 56% of His Hedge Fund’s $16.5 Billion Portfolio Invested in 3 Outstanding Stocks
• Neutral Sentiment: “Wall Street is in love” coverage notes growing bullishness but asks how much upside remains — a valuation/expectations debate that could limit near-term gains if growth guidance or AI monetization misses. Wall Street Is in Love With Alphabet Stock, but How Much Upside Is Really Left?
• Neutral Sentiment: Comparisons with peers (e.g., Reddit) show Alphabet’s AI-driven ad tools and scale give it an edge, but competition for ad dollars and attention remains a watch item. RDDT vs. GOOGL: Which Digital Advertising Stock Has an Edge Now?
• Negative Sentiment: Regulatory risk resurfaced: Alphabet is appealing a key monopoly ruling and pushing back on court-ordered data sharing — an outcome here could materially alter search economics or force structural changes. Alphabet (GOOGL) Appeals Monopoly Ruling While Fighting Court-Ordered Data Sharing
• Negative Sentiment: Some smaller investors/hedge funds trimmed positions (Penn Davis Mcfarland reported selling), a sign that not all holders are adding at current prices and that profit-taking is occurring among certain managers. Penn Davis Mcfarland Inc trims Alphabet Inc. stake

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Truist Financial set a $350.00 price objective on shares of Alphabet in a research report on Friday, December 5th. Piper Sandler increased their target price on shares of Alphabet from $285.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Pivotal Research restated a “buy” rating and issued a $400.00 price target (up previously from $350.00) on shares of Alphabet in a research report on Friday, December 5th. Loop Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. Finally, Rosenblatt Securities set a $279.00 price target on shares of Alphabet in a report on Thursday, October 30th. Seven equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and a consensus target price of $320.31.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the completion of the transaction, the chief executive officer owned 2,272,119 shares in the company, valued at approximately $725,942,020.50. The trade was a 1.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the 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 sale, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. The trade was a 19.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 192,687 shares of company stock valued at $58,728,068. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Down 0.8%

GOOG stock opened at $330.34 on Tuesday. The company has a market cap of $3.99 trillion, a PE ratio of 32.58, a price-to-earnings-growth ratio of 1.82 and a beta of 1.09. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $341.20. The business’s 50-day simple moving average is $312.84 and its 200 day simple moving average is $257.16. The company has a quick ratio of 1.75, a current 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 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. During the same quarter in the previous year, the firm earned $2.12 EPS. Alphabet’s quarterly revenue was up 15.9% on a year-over-year basis. On average, research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

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

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.