Litman Gregory Wealth Management LLC Sells 3,534 Shares of Alphabet Inc. $GOOG

Litman Gregory Wealth Management LLC lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 5.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 65,837 shares of the information services provider’s stock after selling 3,534 shares during the period. Alphabet accounts for approximately 1.2% of Litman Gregory Wealth Management LLC’s holdings, making the stock its 22nd biggest position. Litman Gregory Wealth Management LLC’s holdings in Alphabet were worth $16,035,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GOOG. Kingstone Capital Partners Texas LLC grew its holdings in Alphabet by 580,897.4% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock valued at $23,963,208,000 after buying an additional 135,064,454 shares in the last quarter. Norges Bank bought a new position in shares of Alphabet during the 2nd quarter valued at approximately $4,298,572,000. Vanguard Group Inc. grew its holdings in shares of Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock valued at $73,927,821,000 after purchasing an additional 5,182,111 shares in the last quarter. Assenagon Asset Management S.A. increased its position in Alphabet by 73.5% in the third quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock worth $2,388,775,000 after purchasing an additional 4,154,929 shares during the last quarter. Finally, Laurel Wealth Advisors LLC raised its stake in Alphabet by 17,547.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock valued at $731,331,000 after purchasing an additional 4,099,366 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the sale, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $308.19, for a total transaction of $184,914.00. Following the transaction, the director directly owned 3,916 shares in the company, valued at approximately $1,206,872.04. This trade represents a 13.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 210,987 shares of company stock worth $59,551,040. Corporate insiders own 12.99% of the company’s stock.

Alphabet Trading Down 0.2%

Shares of NASDAQ GOOG opened at $314.39 on Tuesday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $328.67. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The company has a market cap of $3.79 trillion, a price-to-earnings ratio of 31.00, a PEG ratio of 1.81 and a beta of 1.07. The business’s 50 day moving average price is $297.47 and its 200-day moving average price is $241.33.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. During the same quarter in the prior year, the company posted $2.12 EPS. Alphabet’s quarterly revenue was up 15.9% on a year-over-year basis. On average, sell-side analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market and analysts have materially repriced Alphabet as an AI leader after strong execution (Gemini, Google Cloud, proprietary chips); MarketBeat lists Alphabet as the most-upgraded stock with sizable upside targets. Read More.
• Positive Sentiment: Analyst bullishness: TipRanks highlights top analysts projecting a ~23% price gain for 2026, supporting upward momentum and higher price targets. Read More.
• Positive Sentiment: Product traction: Reports show Gemini gaining meaningful market share and large MAU figures, reinforcing Alphabet’s competitiveness vs. rivals and fueling revenue expectations from AI-driven services. Read More.
• Positive Sentiment: Commercial wins and spin-off traction: SandboxAQ (Alphabet spin-off) won a major Bahrain government cyber contract — a signal that Alphabet’s broader AI/cyber assets are monetizing beyond search ads. Read More.
• Positive Sentiment: Cost/technology advantage: Commentary highlights Alphabet’s structural edge from custom AI chips and scale — a durable margin/competitive advantage if demand for large models continues. Read More.
• Neutral Sentiment: Capital intensity debate: Analysts and columnists note heavy, ongoing AI capex across hyperscalers — this underpins future growth but keeps near‑term spending and margin scrutiny in focus. Read More.
• Neutral Sentiment: “Stay-on-top” analysis: Coverage pointing out what Alphabet must do to retain AI leadership — positive for longer-term case but underscores ongoing competitive pressure. Read More.
• Negative Sentiment: Regulatory/legal risk: Reports say the DOJ is probing Google over DEI-related practices, which adds a potential regulatory/legal overhang that can increase headline volatility. Read More.

Wall Street Analysts Forecast Growth

GOOG has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their price objective on shares of Alphabet from $260.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, October 27th. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. Canaccord Genuity Group restated a “buy” rating and set a $330.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. Raymond James Financial set a $275.00 target price on Alphabet and gave the stock an “outperform” rating in a report on Friday, October 24th. Finally, Mizuho set a $325.00 price target on Alphabet in a report on Thursday, October 30th. Seven analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Alphabet has a consensus rating of “Buy” and a consensus target price of $313.04.

Alphabet 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.