L & S Advisors Inc Has $2.02 Million Holdings in Alphabet Inc. $GOOG

L & S Advisors Inc cut its stake in Alphabet Inc. (NASDAQ:GOOG) by 17.4% in the third quarter, HoldingsChannel reports. The fund owned 8,306 shares of the information services provider’s stock after selling 1,749 shares during the period. L & S Advisors Inc’s holdings in Alphabet were worth $2,023,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of GOOG. Robinson Smith Wealth Advisors LLC lifted its holdings in Alphabet by 1.8% during the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock worth $504,000 after buying an additional 36 shares in the last quarter. Searle & CO. increased its stake in shares of Alphabet by 0.6% in the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock valued at $1,389,000 after buying an additional 36 shares during the period. Navellier & Associates Inc. raised its position in shares of Alphabet by 0.6% during the third quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock worth $1,424,000 after acquiring an additional 36 shares during the last quarter. BankPlus Wealth Management LLC lifted its stake in shares of Alphabet by 1.2% during the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock valued at $766,000 after acquiring an additional 37 shares during the period. Finally, Activest Wealth Management lifted its stake in shares of Alphabet by 0.5% during the third quarter. Activest Wealth Management now owns 7,997 shares of the information services provider’s stock valued at $1,948,000 after acquiring an additional 38 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Performance

Shares of NASDAQ:GOOG opened at $314.90 on Monday. The firm’s 50 day simple moving average is $320.95 and its 200 day simple moving average is $280.08. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. The company has a market capitalization of $3.81 trillion, a price-to-earnings ratio of 29.13, a P/E/G ratio of 1.85 and a beta of 1.10. 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 (NASDAQ:GOOG) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.15 earnings per share. As a group, sell-side analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

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 Alphabet news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the transaction, the chief executive officer directly owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. The trade was a 1.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the transaction, the chief accounting officer directly owned 9,916 shares of the company’s stock, valued at approximately $3,337,229.80. The trade was a 8.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,112,482 shares of company stock worth $119,145,289 in the last three months. 12.99% of the stock is owned by insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts and brokers have raised price targets and highlighted AI/cloud upside (UBS, Canaccord), citing Gemini adoption and generative‑AI capex that could add meaningful cloud revenue. UBS generative AI capex note
• Positive Sentiment: Alphabet committed to a major $15B America‑India Connect initiative and announced partnerships (Zillow, Sea) that expand Gemini/Cloud into verticals — positive for long‑term cloud/ads monetization and market reach. America-India Connect announcement
• Positive Sentiment: Notable institutional buying from hedge funds (e.g., Appaloosa/Tepper, Altimeter, Viking) signals conviction in Alphabet’s AI/Cloud thesis and can support the stock through execution milestones. Appaloosa increases stake
• Neutral Sentiment: Product demos (Gemini AI coach, music features) and consumer launches (Pixel device with AI features) improve user engagement and positioning but are not immediate revenue drivers. Gemini demo on CNBC
• Neutral Sentiment: Reported short‑interest data for February shows anomalies (zeros/NaN) and provides no clear bearish signal at present; treat the statistic cautiously until reconciled.
• Negative Sentiment: Insider selling: senior execs disclosed sizable sales (Sundar Pichai, John Kent Walker), which markets often view as a modest near‑term negative signal despite normal tax/liquidity reasons. Pichai sale filing Walker sale filing
• Negative Sentiment: Legal/IP risk: prosecutors have charged engineers in an alleged scheme to steal Google trade secrets and pass files abroad — reputational and security concerns that could invite regulatory scrutiny. Trade-secrets indictment
• Negative Sentiment: Execution/supply risks: DeepMind’s CEO warned that memory‑chip shortages constrain agentic AI research/deployment, which could slow rollout timing or raise costs for compute‑intensive initiatives. DeepMind chip shortage comments
• Negative Sentiment: Several institutional investors disclosed trims (Pershing Square, Longview, others). Broad portfolio rebalancing can weigh on near‑term sentiment even if longer‑term AI momentum remains. Pershing Square trim

Wall Street Analyst Weigh In

A number of brokerages recently commented on GOOG. Sanford C. Bernstein reiterated a “market perform” rating and issued a $345.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating and issued a $348.00 target price (up previously from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. BMO Capital Markets reissued an “outperform” rating and set a $400.00 price target on shares of Alphabet in a research note on Thursday, February 5th. DA Davidson set a $300.00 price objective on shares of Alphabet in a report on Tuesday, November 25th. Finally, BNP Paribas Exane began coverage on shares of Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating on the stock. Eight investment 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 company’s stock. According to data from MarketBeat.com, Alphabet has a consensus 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.