Alphabet Inc. $GOOGL Shares Sold by RFG Advisory LLC

RFG Advisory LLC reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 6.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 69,035 shares of the information services provider’s stock after selling 4,563 shares during the period. RFG Advisory LLC’s holdings in Alphabet were worth $16,782,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in GOOGL. Financial Gravity Companies Inc. acquired a new stake in Alphabet in the 2nd quarter valued at $31,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Alphabet in the third quarter worth about $53,000. Corsicana & Co. acquired a new stake in shares of Alphabet in the third quarter valued at about $54,000. Sellwood Investment Partners LLC acquired a new stake in shares of Alphabet in the third quarter valued at about $63,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after buying an additional 89 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Insider Buying and Selling

In related news, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the sale, the insider owned 13,227 shares of the company’s stock, valued at $3,987,279.15. This trade represents a 78.25% decrease in their position. The transaction was disclosed in a legal 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 firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,112,482 shares of company stock valued at $119,145,289 in the last three months. 11.55% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on GOOGL shares. Canaccord Genuity Group set a $415.00 price target on Alphabet in a report on Thursday, February 5th. Roth Mkm upped their target price on shares of Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. KeyCorp set a $370.00 price target on shares of Alphabet and gave the stock an “overweight” rating in a research note on Thursday, February 5th. DA Davidson upped their price objective on shares of Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Finally, Tigress Financial set a $415.00 target price on Alphabet and gave the company a “strong-buy” rating in a research note on Thursday. Three analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $365.86.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strategic cloud partnerships expanding addressable market — Google announced a deal with Sea Ltd to build AI tools for e‑commerce and gaming, which supports Google Cloud revenue growth in Southeast Asia and demonstrates enterprise demand for its AI stack. Read More.
• Positive Sentiment: Product momentum — Google is rolling Gemini‑powered, music‑focused generative‑AI features (also showing up at competitors), indicating faster consumer AI adoption that could boost engagement and future monetization. Read More.
• Positive Sentiment: Institutional support & analyst upgrades — recent 13F activity and analyst price‑target increases (and MarketBeat coverage) signal long‑term investor conviction that can underpin the stock. Read More.
• Neutral Sentiment: AI infrastructure arms race — NVIDIA–Meta mega‑deal and hyperscaler capex plans validate AI demand but raise competitive and capital‑intensity questions for Google; this is demand‑positive but increases the investment bar. Read More.
• Neutral Sentiment: Alphabet exploring chip/partner strategies — WSJ reports Google is weighing ways to use its balance sheet to better compete with chip suppliers, a strategic move that could reduce long‑run costs or distract management depending on execution. Read More.
• Negative Sentiment: Insider selling — recent disclosed sales by CEO Sundar Pichai and senior exec John Kent Walker (multi‑million dollar sales) can sap near‑term sentiment even if routine for compensation/liquidity reasons. Read More. Read More.
• Negative Sentiment: Security/legal risk — indictment of three engineers accused of stealing Google trade secrets and sending data to Iran raises potential IP, litigation and reputational risks that investors will watch. Read More.
• Negative Sentiment: AI rotation/profit‑taking — some prominent managers have trimmed AI positions in recent 13F filings, which contributes to episodic pressure on hyperscaler multiples. Read More.

Alphabet Stock Performance

Shares of Alphabet stock opened at $314.98 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The firm’s 50-day simple moving average is $320.32 and its 200-day simple moving average is $279.46. The firm has a market cap of $3.81 trillion, a PE ratio of 29.14, a price-to-earnings-growth ratio of 1.85 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Equities analysts forecast that Alphabet Inc. will post 8.9 earnings per share 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 of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Alphabet 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.