Osprey Private Wealth LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 72.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,055 shares of the information services provider’s stock after purchasing an additional 5,895 shares during the quarter. Alphabet comprises 1.2% of Osprey Private Wealth LLC’s holdings, making the stock its 29th largest holding. Osprey Private Wealth LLC’s holdings in Alphabet were worth $3,417,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Gravity Companies Inc. acquired a new position in shares of Alphabet during the 2nd quarter valued at $31,000. CarsonAllaria Wealth Management Ltd. grew its holdings in Alphabet by 36.4% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock worth $44,000 after purchasing an additional 67 shares during the period. Vermillion & White Wealth Management Group LLC increased its stake in Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 89 shares in the last quarter. S&T Bank PA increased its stake in Alphabet by 40.2% in the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 99 shares in the last quarter. Finally, Christopher J. Hasenberg Inc raised its holdings in shares of Alphabet by 77.6% during the second quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 152 shares during the period. 40.03% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
GOOGL has been the subject of several research reports. DA Davidson restated a “neutral” rating and issued a $300.00 target price on shares of Alphabet in a research note on Tuesday, November 25th. Sanford C. Bernstein raised their price objective on Alphabet from $260.00 to $305.00 and gave the company a “market perform” rating in a research note on Thursday, October 30th. Bank of America upped their target price on Alphabet from $280.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Barclays reiterated an “overweight” rating and issued a $315.00 target price (up from $250.00) on shares of Alphabet in a report on Thursday, October 30th. Finally, Loop Capital upgraded shares of Alphabet from a “hold” rating to a “buy” rating and boosted their price target for the company from $260.00 to $320.00 in a research note on Tuesday, November 18th. Four analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $315.90.
Insider Activity
In other news, Director Frances Arnold sold 102 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $317.66, for a total value of $32,401.32. Following the completion of the transaction, the director directly owned 18,104 shares of the company’s stock, valued at $5,750,916.64. This represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Monday, December 15th. The stock was sold at an average price of $299.80, for a total value of $9,743,500.00. Following the sale, the chief executive officer owned 2,239,619 shares in the company, valued at $671,437,776.20. This trade represents a 1.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 226,128 shares of company stock worth $63,183,331. Corporate insiders own 11.64% of the company’s stock.
Alphabet Trading Up 1.6%
NASDAQ GOOGL opened at $307.16 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of $289.19 and a 200 day simple moving average of $234.27. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $328.83. The firm has a market capitalization of $3.71 trillion, a P/E ratio of 30.29, a PEG ratio of 1.78 and a beta of 1.07.
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.58. The firm had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. On average, analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.
Alphabet Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio is presently 8.28%.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google Cloud locked an expanded, multibillion-dollar strategic deal with Palo Alto Networks — reported by Reuters as “approaching $10 billion” — which materially strengthens Cloud revenue outlook and security services momentum. Google Cloud lands deal with Palo Alto Networks
- Positive Sentiment: Citigroup raised its price target to $350 and kept a Buy rating — a notable analyst upgrade that signals upward earnings/valuation expectations and supports short‑term buying interest. Citigroup adjusts price target on Alphabet
- Positive Sentiment: Google reports strong talent flows in AI — ~20% of 2025 AI software engineer hires were “boomerangs” (ex‑employees) — which investors view as a competitive advantage in the AI arms race vs. OpenAI/Anthropic/Meta. Google’s boomerang year
- Neutral Sentiment: Technical/trading signals flagged a Power Inflow alert (benzinga), which can attract short‑term momentum traders but is not a fundamental catalyst. GOOG Hits Intraday High After Key Trading Signal
- Neutral Sentiment: Coverage and thematic stories (Zacks, cloud lists, MarketBeat pieces) are keeping retail/institutional attention on GOOGL as a core cloud and AI holding — supporting flows but not an immediate earnings surprise. Alphabet is a trending stock (Zacks)
- Negative Sentiment: A Spanish consumer group has launched preliminary legal action alleging sensitive data collection and privacy violations — an escalation that could lead to fines or longer-term compliance costs. Spanish consumer group seeks to sue Google in data row
- Negative Sentiment: Mexico’s antitrust authority ordered Google to drop certain Android restrictions — another regulatory action that can pressure mobile‑related revenue/margins and raises the risk of further regional remedies. Mexico’s antitrust commission resolves Android case
- Negative Sentiment: Large insider stock sales were disclosed this week (CEO Sundar Pichai and other executives/directors sold shares), which can be viewed negatively by some investors even if sales are routine or for diversification/tax reasons. SEC filing: Sundar Pichai insider sale
About Alphabet
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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