Alphabet Inc. $GOOG Shares Sold by ARQ Wealth Advisors LLC

ARQ Wealth Advisors LLC trimmed its position in Alphabet Inc. (NASDAQ:GOOG) by 40.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 3,077 shares of the information services provider’s stock after selling 2,062 shares during the period. ARQ Wealth Advisors LLC’s holdings in Alphabet were worth $749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Opes Wealth Management LLC boosted its holdings in shares of Alphabet by 1.3% in the 3rd quarter. Opes Wealth Management LLC now owns 13,865 shares of the information services provider’s stock valued at $3,377,000 after acquiring an additional 172 shares during the last quarter. Manhattan West Asset Management LLC boosted its holdings in Alphabet by 4.3% in the third quarter. Manhattan West Asset Management LLC now owns 3,662 shares of the information services provider’s stock valued at $892,000 after purchasing an additional 152 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Alphabet during the 3rd quarter worth about $305,101,000. Ovata Capital Management Ltd grew its holdings in Alphabet by 158.3% during the third quarter. Ovata Capital Management Ltd now owns 9,300 shares of the information services provider’s stock worth $2,265,000 after acquiring an additional 5,700 shares during the period. Finally, Maple Capital Management Inc. raised its position in Alphabet by 1.2% during the third quarter. Maple Capital Management Inc. now owns 446,070 shares of the information services provider’s stock valued at $108,640,000 after acquiring an additional 5,280 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 112 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares in the company, valued at $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the completion of the sale, the chief executive officer owned 1,642,060 shares of the company’s stock, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 2,110,165 shares of company stock valued at $118,134,117. 12.99% of the stock is owned by company insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: New CVS partnership (Health100) expands Gemini AI into consumer healthcare and creates a potential commercial channel across pharmacy, insurance and wearables — a tangible monetization path for Gemini models. Read More.
• Positive Sentiment: DeepMind hired Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a high‑profile AI talent acquisition that strengthens research and commercial push vs. OpenAI/Anthropic. Read More.
• Positive Sentiment: Product momentum: Google’s updated Stitch / AI design tools are getting market traction and have pressured competitors (Figma, Adobe), signaling faster adoption of Google’s developer/designer workflows. Product wins can accelerate monetization of AI features. Read More.
• Positive Sentiment: Operational: Google signed utility deals to curb data‑center power use during peaks, helping secure capacity for AI workloads and reducing the risk of power shortages for new data centers. Read More.
• Positive Sentiment: Google Cloud strengthened security via the Wiz buyout, improving its enterprise positioning against AWS/Azure — supportive for enterprise AI adoption and higher‑margin cloud growth. Read More.
• Neutral Sentiment: Regulatory: Google will add an opt‑out for generative AI in search to address UK competition concerns — reduces near‑term regulatory friction but could limit product scope in the UK. Read More.
• Neutral Sentiment: Analyst/market context: Strong analyst sentiment, recent dividend initiation and high price targets support longer‑term confidence but leave valuation sensitive to execution and capex. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and other insiders have executed large, repeated sales this month — amplifies short‑term caution and can pressure sentiment. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: Greater reliance on Chinese suppliers for advanced liquid‑cooling (and possible acquisition) improves capacity but raises export, regulatory and geopolitical risk for AI infrastructure. Read More.
• Negative Sentiment: Macro/valuation risk: Ongoing hyperscaler AI capex is large and raises questions about the timing of returns — a counterweight to optimistic AI revenue narratives and a potential drag on near‑term multiples. Read More.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $375.00 target price on shares of Alphabet in a research note on Thursday, January 15th. DZ Bank raised shares of Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Guggenheim reiterated a “buy” rating and issued a $375.00 price objective on shares of Alphabet in a research report on Monday, December 1st. BMO Capital Markets reissued an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Finally, Truist Financial set a $350.00 target price on Alphabet in a research report on Friday, December 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $345.71.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $305.73 on Friday. The firm has a market cap of $3.70 trillion, a PE ratio of 28.28, a PEG ratio of 1.79 and a beta of 1.10. The firm has a fifty day moving average of $318.27 and a 200 day moving average of $292.42. 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 one year low of $142.66 and a one year high of $350.15.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion for 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 company’s revenue was up 18.0% compared to the same quarter last year. During the same period last year, the firm posted $2.15 earnings per share. As a group, research analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 7.77%.

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.