Alphabet Inc. $GOOG Shares Bought by Balboa Wealth Partners

Balboa Wealth Partners lifted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 10.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,199 shares of the information services provider’s stock after acquiring an additional 4,772 shares during the quarter. Alphabet makes up approximately 2.1% of Balboa Wealth Partners’ holdings, making the stock its 9th largest holding. Balboa Wealth Partners’ holdings in Alphabet were worth $12,226,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of GOOG. Vanguard Group Inc. increased its position 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 valued at $73,927,821,000 after acquiring an additional 5,182,111 shares in the last quarter. State Street Corp increased its holdings in shares of Alphabet by 1.3% in the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock valued at $33,511,477,000 after purchasing an additional 2,428,266 shares in the last quarter. Geode Capital Management LLC raised its position in Alphabet by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock worth $19,022,926,000 after purchasing an additional 441,177 shares during the last quarter. Sanders Capital LLC raised its position in Alphabet by 6.4% in the 2nd quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock worth $6,272,146,000 after purchasing an additional 2,117,990 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Alphabet by 2.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 31,503,035 shares of the information services provider’s stock worth $5,588,323,000 after buying an additional 695,736 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum: Analysts and commentators are highlighting Gemini and Google Cloud as major growth drivers (upgrades and optimistic forecasts tied to AI-driven revenue and margin improvements). This narrative is supporting the stock. Article Title
• Positive Sentiment: YouTube ad strength and double‑digit cloud revenue gains are being cited as near-term earnings/revenue support that helped lift sentiment. Article Title
• Positive Sentiment: Analyst/ratings momentum: DZ Bank and other firms have issued bullish takes (upgrades/strong‑buy calls), which can attract buyers after recent pullbacks. Article Title
• Positive Sentiment: Institutional conviction: Some large managers (e.g., Royal Bank of Canada) added to GOOG in 13F filings and Berkshire Hathaway kept its Google exposure — signals that long‑term holders remain constructive. Article Title
• Neutral Sentiment: Product cadence: Google set I/O for May 19–20 and is broadly expected to show new AI hardware (smart glasses) — a medium‑term catalyst, but timing and monetization remain speculative. Article Title
• Neutral Sentiment: Regulatory/watch items: Waymo defended its use of remote assistance before Congress; it’s a reputational/regulatory story to watch but not immediate earnings pressure. Article Title
• Negative Sentiment: Institutional trimming: Multiple big funds trimmed GOOGL in recent 13F filings (Ameriprise, Northern Trust, Veritas, First Pacific), which creates supply pressure and suggests some profit‑taking/rebalancing. Article Title Article Title
• Negative Sentiment: CapEx and margin concerns: Coverage highlights heavy AI/dc spending across hyperscalers; investors are treating elevated 2026 capex as a near‑term headwind that can cap multiples even if it supports long‑term moat. Article Title
• Negative Sentiment: Insider selling and high‑profile trims: A board director sold 600 shares (disclosed) and prominent value managers (e.g., Terry Smith, Bill Ackman) reduced GOOGL exposure in filings — signals that can amplify near‑term selling. Article Title

Alphabet Stock Performance

Shares of GOOG stock opened at $303.94 on Thursday. The stock has a market cap of $3.68 trillion, a PE ratio of 28.12, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. The stock has a 50-day moving average of $321.07 and a 200-day moving average of $277.91. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating 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 previous year, the company earned $2.15 earnings per share. The business’s revenue for the quarter was up 18.0% on a year-over-year basis. As a group, sell-side analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors 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 dividend yield of 0.3%. Alphabet’s dividend payout ratio is currently 7.77%.

Insider Buying and Selling at Alphabet

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $306.73, for a total value of $184,038.00. Following the completion of the transaction, the director owned 20,624 shares of the company’s stock, valued at $6,325,999.52. This represents a 2.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,032,408 shares of company stock worth $94,926,707 in the last three months. 12.99% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Scotiabank restated an “outperform” rating and set a $400.00 target price (up previously from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. JPMorgan Chase & Co. lifted their price objective on Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Mizuho set a $325.00 target price on shares of Alphabet in a research report on Thursday, October 30th. Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and lifted their price target for the stock from $315.00 to $400.00 in a research report on Thursday, January 22nd. Finally, Oppenheimer reissued an “outperform” rating and set a $360.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Eight analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $343.90.

About Alphabet

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.