Savvy Advisors Inc. raised its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 70,843 shares of the information services provider’s stock after purchasing an additional 2,456 shares during the quarter. Alphabet makes up about 0.8% of Savvy Advisors Inc.’s investment portfolio, making the stock its 22nd largest position. Savvy Advisors Inc.’s holdings in Alphabet were worth $17,222,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Financial Gravity Companies Inc. acquired a new stake in Alphabet in the 2nd quarter valued at about $31,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet in the third quarter valued at approximately $53,000. Corsicana & Co. bought a new position in Alphabet in the 3rd quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC raised its position in Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after purchasing an additional 89 shares during the last quarter. Finally, S&T Bank PA lifted its holdings in Alphabet by 40.2% during the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after buying an additional 99 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet is folding its robotics-software unit Intrinsic into Google, signalling tighter integration of robotics/physical AI efforts and likely faster commercialization of automation tools. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
- Positive Sentiment: Waymo is expanding robotaxi testing to Chicago and Charlotte, accelerating route expansion and potential near-term revenue scale for Alphabet’s autonomous-vehicle unit. Waymo to begin testing in Chicago and Charlotte
- Positive Sentiment: Samsung’s S26 demonstrates deeper adoption of Google’s Gemini (autonomously operating third‑party apps), which supports Gemini’s distribution thesis and monetization pathway across devices. Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
- Positive Sentiment: Google announced a major 1.9GW clean-power backing for a new data center including a 100‑hour iron‑air battery — a long-duration storage deal that lowers carbon and energy risk for AI datacenter ops. Google’s new 1.9GW clean energy deal includes massive 100-hour battery
- Positive Sentiment: Loop Capital raised its GOOGL price target to $355, and Wells Fargo issued an upgrade — analyst support that can boost sentiment and flows into the stock. Loop Capital Boosts Alphabet (NASDAQ:GOOGL) Price Target to $355.00
- Positive Sentiment: Google says it disrupted a China‑linked hacking group that attacked dozens of organizations globally — a security win that reduces operational risk and demonstrates enterprise trustworthiness. Google disrupts Chinese-linked hackers that attacked 53 groups globally
- Neutral Sentiment: February short‑interest data in feeds appears erroneous (shows 0 shares / NaN changes); no clear short‑squeeze signal from that report. (data entry)
- Negative Sentiment: Regulatory pressure in Europe: Reuters reports Google will test showing rivals’ vertical search results more prominently to try to avoid an EU fine — highlights ongoing antitrust risk that can cap multiples. Exclusive: Google to test changes to search results, source says as EU fine looms
- Negative Sentiment: Russia fined Google ~22 million roubles (~$288k) over VPN distribution — a small hit monetarily but another reminder of geopolitical/legal friction in certain markets. Russia fines Google for distributing VPN services, TASS reports
- Negative Sentiment: Reports of insider selling were flagged in headlines, which can weigh on near‑term sentiment even if the transactions are not material to long‑term fundamentals. Alphabet (NASDAQ:GOOGL) Shares Down 1.1% After Insider Selling
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on GOOGL
Alphabet Trading Up 0.7%
Shares of NASDAQ GOOGL opened at $313.00 on Thursday. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00. The stock has a market cap of $3.79 trillion, a price-to-earnings ratio of 28.95, a P/E/G ratio of 1.82 and a beta of 1.09. 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 company’s fifty day moving average is $320.80 and its 200-day moving average is $281.27.
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Equities research analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.
Alphabet Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s payout ratio is 7.77%.
Insiders Place Their Bets
In other Alphabet news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction that occurred on 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 transaction, the insider owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’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. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 2,112,482 shares of company stock worth $119,145,289. Company insiders own 11.64% of the company’s stock.
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.
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