Signaturefd LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 6.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 74,100 shares of the information services provider’s stock after purchasing an additional 4,700 shares during the period. Signaturefd LLC’s holdings in Alphabet were worth $18,047,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GOOG. Vanguard Group Inc. grew its stake 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 buying an additional 5,182,111 shares in the last quarter. State Street Corp lifted its stake in Alphabet by 1.3% during the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock worth $33,511,477,000 after acquiring an additional 2,428,266 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted 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 acquiring an additional 135,064,454 shares during the period. Geode Capital Management LLC grew its position in Alphabet by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock valued at $19,022,926,000 after acquiring an additional 441,177 shares in the last quarter. Finally, Sanders Capital LLC increased its stake in Alphabet by 6.4% during the second quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock worth $6,272,146,000 after purchasing an additional 2,117,990 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Canaccord raised its price target for Alphabet to $390 and reiterated a Buy, boosting upside expectations and supporting investor sentiment. Canaccord PT Raise
- Positive Sentiment: Alphabet surpassed Apple to become the U.S. company with the second‑largest market cap, a headline that often attracts momentum buyers and index flows. Market Cap Surpasses Apple
- Positive Sentiment: Samsung said it will expand Galaxy phones with Gemini AI features — a distribution win that could accelerate user adoption of Google’s AI services and monetization opportunities for cloud/AI. Samsung / Gemini
- Positive Sentiment: Analyst and institutional activity remains supportive: MarketBeat and Quiver data show numerous upgrades, elevated price targets and large institutional buys, which underpin the rally. Analyst Sentiment / MarketBeat
- Neutral Sentiment: Competition in video/creator platforms (e.g., Spotify’s big creator push) and broader AI rivalry remain watch items; they could shift ad/video dynamics over time but are not immediate catalysts. Spotify vs YouTube
- Neutral Sentiment: Lobbying disclosures and quarterly fund/hedge‑fund positioning reported by Quiver are informational for policy and flows but unlikely to move the stock by themselves. Lobbying Disclosure
- Negative Sentiment: Alphabet and Character.AI agreed to settle lawsuits alleging AI chatbots contributed to minors’ suicides — a material reputational and legal overhang that raises regulatory and liability concerns for AI products. Lawsuit Settlement
- Negative Sentiment: Analysts and commentators warn that AI “answers” could cannibalize search ad revenue if users stop clicking links — a structural monetization risk for Google’s core ad business. Ad Cannibalization Risk
- Negative Sentiment: Significant insider selling activity reported in recent data (multiple executive sales) can be read negatively by some investors, adding caution despite institutional buying. Insider Selling / Quiver
Analysts Set New Price Targets
Read Our Latest Research Report on Alphabet
Alphabet Stock Up 2.5%
Alphabet stock opened at $322.48 on Thursday. The stock has a market cap of $3.89 trillion, a PE ratio of 31.80, a P/E/G ratio of 1.74 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The stock’s fifty day moving average is $305.07 and its two-hundred day moving average is $247.79. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $328.67.
Alphabet (NASDAQ:GOOG – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business 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 business posted $2.12 EPS. The business’s revenue for the quarter was up 15.9% on a year-over-year basis. On average, sell-side analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.
Alphabet Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders 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 was Monday, December 8th. Alphabet’s dividend payout ratio is currently 8.28%.
Insider Activity at Alphabet
In related news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $313.45, for a total transaction of $31,971.90. Following the sale, the director directly owned 18,205 shares in the company, valued at $5,706,357.25. This trade represents a 0.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the transaction, the insider owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This represents a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 195,465 shares of company stock valued at $57,056,497 in the last quarter. Company insiders own 12.99% of the company’s stock.
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.
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