Concord Asset Management LLC VA Has $1.96 Million Stock Position in Alphabet Inc. $GOOG

Concord Asset Management LLC VA lessened its holdings in Alphabet Inc. (NASDAQ:GOOG) by 24.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,055 shares of the information services provider’s stock after selling 2,576 shares during the quarter. Concord Asset Management LLC VA’s holdings in Alphabet were worth $1,962,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of GOOG. Fairman Group LLC grew its position in shares of Alphabet by 121.3% during the 2nd quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock worth $31,000 after purchasing an additional 97 shares in the last quarter. University of Illinois Foundation acquired a new stake in shares of Alphabet in the second quarter valued at approximately $31,000. Manning & Napier Advisors LLC acquired a new stake in shares of Alphabet in the third quarter valued at approximately $32,000. Horrell Capital Management Inc. boosted its stake in shares of Alphabet by 100.0% in the second quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock valued at $35,000 after buying an additional 100 shares during the period. Finally, LGT Financial Advisors LLC acquired a new stake in Alphabet during the second quarter worth approximately $37,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong AI & Cloud momentum — Google’s Gemini and cloud businesses continue to show rapid user and revenue growth, supporting the company’s long‑term monetization outlook and attracting bullish analyst coverage (Scotiabank recently raised its target). Scotiabank Maintains Outperform on Alphabet
• Positive Sentiment: New AI shopping monetization tests — Google is rolling shopping features into Search and Gemini, a direct path to monetize AI interactions (ads in AI responses). This supports medium‑term revenue upside as AI becomes an ad/shopping channel. Google Weaves New Shopping Feature Into Search and Gemini
• Positive Sentiment: Waymo deployment progress — Waymo’s rollout of next‑gen Ojai robotaxis improves execution visibility for Alphabet’s autonomy unit and shows continued non‑ad growth investments. Waymo begins deploying next-gen Ojai robotaxis
• Neutral Sentiment: Century bond demand — Alphabet’s rare 100‑year bond and a large multi‑currency debt package were heavily subscribed, showing investor appetite for long‑dated paper but raising questions about signal vs. financing choice. Coverage is mixed on whether this is a positive demand signal or a red flag about heavy AI funding. Why Alphabet’s 100-year sterling bond is raising new fears
• Neutral Sentiment: Institutional flows mixed — some funds (Egerton, Fisher) added positions while others trimmed. Large 13F moves and continued analyst buy ratings keep a structural buyer base but create near‑term rotation noise. Egerton opens new $338.5M GOOG position
• Negative Sentiment: EU antitrust probes into search ad auction practices — Reuters/Bloomberg report fresh EU investigations into Google’s ad auction/pricing practices in Europe, a direct regulatory risk to the core ad business and a catalyst for negative investor reaction. Google targeted by EU over search ad auction practices
• Negative Sentiment: CapEx and financing fears — heavy FY2026 capex guidance ($175–185B), a $31.5B bond program and the century bond have spooked some investors concerned about free‑cash‑flow pressure and dilution risk, which contributed to recent share weakness after earnings. Alphabet Drops 7% Post Q4 Earnings
• Negative Sentiment: Some big holders trimming — the Swiss National Bank and several funds have cut GOOGL exposure in recent filings, which can amplify downward pressure in the near term. Swiss National Bank reduces GOOGL holdings

Alphabet Stock Performance

NASDAQ:GOOG opened at $309.37 on Friday. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock’s 50-day simple moving average is $322.20 and its 200 day simple moving average is $274.25. The firm has a market capitalization of $3.73 trillion, a PE ratio of 28.62, a price-to-earnings-growth ratio of 1.83 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the prior year, the business earned $2.15 earnings per share. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. On average, analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given a $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Insider Activity

In related news, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $337.52, for a total transaction of $202,512.00. Following the sale, the director owned 21,224 shares in the company, valued at $7,163,524.48. The trade was a 2.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,069,864 shares of company stock valued at $105,985,041. 12.99% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Sanford C. Bernstein restated a “market perform” rating and set a $345.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. UBS Group reissued a “neutral” rating and set a $348.00 target price (up from $345.00) on shares of Alphabet in a report on Thursday. Jefferies Financial Group restated a “buy” rating and issued a $365.00 price target on shares of Alphabet in a research report on Monday, January 5th. TD Cowen reaffirmed a “buy” rating and set a $365.00 price objective (up previously from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Canaccord Genuity Group increased their price objective on shares of Alphabet from $330.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Seven analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $343.90.

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.