Alphabet Inc. $GOOG Shares Bought by Everhart Financial Group Inc.

Everhart Financial Group Inc. raised its position in Alphabet Inc. (NASDAQ:GOOG) by 7.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 37,774 shares of the information services provider’s stock after purchasing an additional 2,612 shares during the period. Alphabet accounts for about 1.1% of Everhart Financial Group Inc.’s portfolio, making the stock its 15th largest position. Everhart Financial Group Inc.’s holdings in Alphabet were worth $11,853,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of GOOG. Imprint Wealth LLC purchased a new position in shares of Alphabet in the 3rd quarter valued at about $31,000. Manning & Napier Advisors LLC acquired a new position in Alphabet in the 3rd quarter worth about $32,000. Tripletail Wealth Management LLC purchased a new position in Alphabet during the third quarter worth approximately $40,000. Retirement Wealth Solutions LLC grew its holdings in Alphabet by 145.0% in the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock valued at $48,000 after purchasing an additional 116 shares during the period. Finally, Bay Harbor Wealth Management LLC grew its holdings in Alphabet by 56.8% in the third quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock valued at $53,000 after purchasing an additional 79 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insider Buying and Selling

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the firm’s 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 directly 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 document filed with the SEC, which is available through this hyperlink. Also, Director Frances Arnold sold 112 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the transaction, the director owned 18,418 shares in the company, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,110,165 shares of company stock worth $118,134,117 in the last 90 days. Corporate insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on GOOG. TD Cowen reaffirmed a “buy” rating and set a $365.00 target price (up from $355.00) on shares of Alphabet in a research note on Thursday, February 5th. Scotiabank reissued an “outperform” rating and issued a $400.00 price target (up from $375.00) on shares of Alphabet in a research note on Thursday, February 5th. BMO Capital Markets reissued an “outperform” rating and issued a $400.00 price target on shares of Alphabet in a report on Thursday, February 5th. Guggenheim reaffirmed a “buy” rating and set a $375.00 price objective on shares of Alphabet in a report on Monday, December 1st. Finally, DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and a consensus target price of $345.71.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon — a high‑profile talent win that strengthens Alphabet’s AI research and commercial credentials versus rivals. Read More.
• Positive Sentiment: Google Cloud + CVS launch “Health100” using Gemini models — expands Gemini into consumer healthcare (pharmacy, insurance, wearables) and creates a potential recurring revenue stream for cloud/AI services. Read More.
• Positive Sentiment: Product momentum: Stitch “vibe design” update is drawing real competition away from incumbents (Figma/Adobe) — suggests faster AI‑driven product monetization and market expansion for developer/designer tools. Read More.
• Positive Sentiment: Google struck agreements with five U.S. utilities to curb data‑center power use at peak demand — reduces brownout/cost risk for data‑center expansion and supports more predictable AI operations. Read More.
• Neutral Sentiment: Alphabet is pursuing Pentagon contracts (coverage and video reports) — potential contract upside but comes with employee/PR controversy given industry disputes; outcome is uncertain for near‑term revenue. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: reports that Alphabet is increasing use of Chinese suppliers for advanced liquid cooling raise export‑control and political risks for global AI builds. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and several directors have disclosed recent SEC‑filed share sales — repeated large insider sales can spook short‑term sentiment even if they are scheduled or for diversification. Read More.
• Negative Sentiment: Broader valuation/capex concern: commentary on massive hyperscaler AI capex and uncertain timing of returns is pressuring multiples across cloud/AI names, including Alphabet. Read More.

Alphabet Stock Down 2.3%

Shares of GOOG opened at $298.79 on Monday. The stock has a 50 day moving average price of $317.66 and a 200 day moving average price of $294.01. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market capitalization of $3.61 trillion, a price-to-earnings ratio of 27.64, a PEG ratio of 1.75 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the previous year, the company posted $2.15 EPS. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. Equities research analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Alphabet Company Profile

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.