Capital Asset Advisory Services LLC Sells 1,975 Shares of Alphabet Inc. $GOOG

Capital Asset Advisory Services LLC lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 7.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 23,256 shares of the information services provider’s stock after selling 1,975 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Alphabet were worth $7,315,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Imprint Wealth LLC purchased a new stake in Alphabet during the third quarter valued at approximately $31,000. Manning & Napier Advisors LLC bought a new position in Alphabet in the third quarter worth approximately $32,000. Tripletail Wealth Management LLC purchased a new position in shares of Alphabet during the 3rd quarter worth $40,000. Retirement Wealth Solutions LLC grew its position in shares of Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock valued at $48,000 after acquiring an additional 116 shares during the period. Finally, Bay Harbor Wealth Management LLC grew its position in shares of Alphabet by 56.8% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock valued at $53,000 after acquiring an additional 79 shares during the period. Institutional investors own 27.26% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on GOOG shares. Cantor Fitzgerald restated a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. TD Cowen reiterated a “buy” rating and set a $365.00 target price (up from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. Sanford C. Bernstein reissued a “market perform” rating and set a $345.00 price target on shares of Alphabet in a report on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating and issued a $400.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $420.00 price objective (up from $400.00) on shares of Alphabet in a research note on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $345.71.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum — Google’s Gemini upgrades and other AI improvements are boosting Search engagement and product monetization potential, supporting the longer-term ad and cloud growth thesis. Analysts and AI-focused commentary highlight upside from AI-driven search/product improvements. Zacks: Alphabet Relies on AI to Boost Search Growth
• Positive Sentiment: Analyst/institutional support — Some firms have nudged up FY EPS estimates and price targets (Erste, MarketBeat coverage of broad analyst upgrades), reflecting confidence in cloud, search and Gemini monetization — a stabilizing factor for long-term holders. MarketBeat: Analyst Optimism and Upgrades
• Neutral Sentiment: Operational milestones — Waymo and DeepMind deals (robotics, AD miles) show execution in adjacent growth areas; positive for long-term optionality but limited near-term revenue impact. These are credibility wins but not big drivers of current quarter results. Blockonomi: Waymo Milestone
• Negative Sentiment: Landmark liability verdicts — A Los Angeles jury found Google (YouTube) liable in a youth social-media addiction case; the ruling is being framed as a bellwether that could spur more suits and regulatory scrutiny. Investors are pricing in higher legal/regulatory risk and potential compliance costs, which has pressured the stock today. Reuters: US jury verdicts tee up fight over tech liability shield
• Negative Sentiment: Sector spillover from AI/chip headlines — Google researchers’ memory-compression news (and the related debate) has sparked volatility across memory/chip suppliers; that throws a short-term cold shower on tech sentiment and can drive indiscriminate selling in megacaps despite the company being the source of the innovation. CNBC: Google AI breakthrough pressures memory chip stocks

Alphabet Trading Down 3.1%

Shares of GOOG opened at $280.74 on Friday. 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 Inc. has a 1 year low of $142.66 and a 1 year high of $350.15. The company has a 50 day simple moving average of $314.06 and a two-hundred day simple moving average of $294.73. The firm has a market cap of $3.40 trillion, a P/E ratio of 25.97, a price-to-earnings-growth ratio of 1.70 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, February 5th. The information services provider reported $2.82 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 firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the previous year, the firm earned $2.15 earnings per share. The company’s quarterly revenue was up 18.0% compared to the same quarter last year. On average, equities analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Insiders Place Their Bets

In other news, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the completion of the sale, the chief executive officer directly owned 1,642,060 shares in the company, valued at $505,573,853.40. This trade represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,110,165 shares of company stock worth $118,134,117. 12.99% of the stock is owned by corporate insiders.

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.