Sherman Wealth Management LLC Buys New Stake in Alphabet Inc. $GOOG

Sherman Wealth Management LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,098 shares of the information services provider’s stock, valued at approximately $658,000.

Several other institutional investors and hedge funds have also bought and sold shares of GOOG. BWM Planning LLC increased its position in shares of Alphabet by 52.9% during the fourth quarter. BWM Planning LLC now owns 1,728 shares of the information services provider’s stock worth $542,000 after purchasing an additional 598 shares in the last quarter. Net Worth Advisory Group boosted its position in shares of Alphabet by 39.2% in the 4th quarter. Net Worth Advisory Group now owns 14,560 shares of the information services provider’s stock worth $4,569,000 after purchasing an additional 4,101 shares in the last quarter. Family Wealth Partners LLC grew its stake in Alphabet by 19.4% during the 4th quarter. Family Wealth Partners LLC now owns 1,169 shares of the information services provider’s stock worth $367,000 after buying an additional 190 shares during the last quarter. Q Fund Management Hong Kong Ltd purchased a new position in Alphabet during the 4th quarter worth $22,876,000. Finally, Trust Point Inc. increased its position in Alphabet by 1.3% during the 4th quarter. Trust Point Inc. now owns 18,225 shares of the information services provider’s stock valued at $5,719,000 after buying an additional 228 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: New AI features and model upgrades (Live Translate expansion, Gemini/Lyria updates) broaden Alphabet’s consumer and developer moat and support ad/cloud monetization and ecosystem engagement. Alphabet Stock (GOOGL) Opinions on AI Product Launches
• Positive Sentiment: Alphabet’s new compression/efficiency tech (TurboQuant) and related research (and coverage noting cost advantages and custom chips) could materially lower AI infrastructure costs for Google and boost margins long-term. This underpins many analyst bullish calls and elevated price targets. Alphabet Just Introduced Its Newest AI Advantage, and It’s Another Reason to Buy the Stock
• Positive Sentiment: Wall Street and independent forecasters remain constructive: multiple buy/outperform ratings and high median price targets (many in the $350–$400+ range) support longer-term upside expectations. Finance experts predict Google stock price for end of 2026
• Neutral Sentiment: Insider transaction data show heavy sales activity over recent months; most appear routine/planned but can add noise to market sentiment. Context: CEO and other insiders have repeatedly sold shares, which some investors interpret as portfolio moves rather than negative signals. Alphabet Stock (GOOGL) Opinions on AI Product Launches
• Neutral Sentiment: Talent moves — Apple hiring a former Google shopping executive to lead its AI marketing — are noteworthy but not material to Alphabet’s core AI and cloud economics today. Apple Recruits Google Shopping Exec to Lead AI Marketing
• Negative Sentiment: A Los Angeles jury found Google (YouTube) liable in a social-media addiction case, imposing a small direct award but raising fears of broader regulation and follow‑on litigation that could increase compliance costs or platform constraints. Investors are treating this as an incremental risk factor. Meta (META) and Google (GOOGL) Held Liable in Landmark Social Media Addiction Lawsuit
• Negative Sentiment: Market volatility following TurboQuant announcements sparked a sell-off in memory and related stocks and contributed to sector rotation that pressured Alphabet shares despite the company-first benefits — short-term headline-driven selling amplified losses. TurboQuant Panic: Why Market Is Wrong About Google’s Newest AI Breakthrough

Alphabet Trading Down 0.2%

Shares of NASDAQ:GOOG opened at $273.14 on Tuesday. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. The stock has a market cap of $3.30 trillion, a price-to-earnings ratio of 25.27, a PEG ratio of 1.60 and a beta of 1.10. 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 business has a 50-day moving average price of $311.78 and a 200-day moving average price of $296.01.

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

Alphabet Dividend Announcement

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

Analysts Set New Price Targets

GOOG has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $370.00 price target on shares of Alphabet in a research note on Tuesday, January 20th. Guggenheim restated a “buy” rating and set a $375.00 price objective on shares of Alphabet in a report on Monday, December 1st. JPMorgan Chase & Co. increased their price objective on shares of Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. UBS Group reiterated a “neutral” rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. Finally, Piper Sandler reissued an “overweight” rating and set a $395.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $345.71.

Insiders Place Their Bets

In other news, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the sale, the chief accounting officer owned 9,918 shares in the company, valued at $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Arnold sold 112 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total transaction of $33,934.88. Following the transaction, the director directly owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. This trade represents a 0.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,092,336 shares of company stock worth $112,519,943. Company insiders own 12.99% of the company’s stock.

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.