Florida Financial Advisors LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 51.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,905 shares of the information services provider’s stock after selling 2,012 shares during the quarter. Florida Financial Advisors LLC’s holdings in Alphabet were worth $464,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of the stock. University of Illinois Foundation bought a new stake in shares of Alphabet in the 2nd quarter worth about $31,000. Manning & Napier Advisors LLC acquired a new position in Alphabet in the third quarter valued at about $32,000. Horrell Capital Management Inc. grew its stake in Alphabet by 100.0% during the second quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock worth $35,000 after buying an additional 100 shares during the last quarter. LGT Financial Advisors LLC bought a new stake in Alphabet during the second quarter worth about $37,000. Finally, Briaud Financial Planning Inc acquired a new stake in shares of Alphabet during the second quarter worth approximately $39,000. 27.26% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the transaction, the chief executive officer owned 2,211,872 shares in the company, valued at approximately $723,945,705.60. This trade represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was 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. Insiders have sold 2,032,408 shares of company stock valued at $94,926,707 over the last 90 days. Company insiders own 12.99% of the company’s stock.
Alphabet Price Performance
Alphabet (NASDAQ:GOOG – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share 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 business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the previous year, the firm posted $2.15 earnings per share. Alphabet’s revenue for the quarter was up 18.0% compared to the same quarter last year. Research analysts expect that Alphabet Inc. will post 8.89 EPS for the current year.
Alphabet Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a $0.21 dividend. The ex-dividend date of this dividend 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 7.77%.
Analysts Set New Price Targets
Several research analysts have recently commented on GOOG shares. Oppenheimer reissued an “outperform” rating and issued a $360.00 target price on shares of Alphabet in a report on Thursday, February 5th. Rosenblatt Securities set a $279.00 target price on Alphabet in a report on Thursday, October 30th. Sanford C. Bernstein restated a “market perform” rating and issued a $345.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Scotiabank reiterated an “outperform” rating and set a $400.00 price target (up previously from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $375.00 price objective on shares of Alphabet in a report on Thursday, January 15th. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Alphabet currently has a consensus rating of “Buy” and an average target price of $343.90.
Read Our Latest Research Report on Alphabet
Trending Headlines about 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
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.
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