New Wave Wealth Advisors LLC Increases Position in Alphabet Inc. $GOOG

New Wave Wealth Advisors LLC lifted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 103.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,251 shares of the information services provider’s stock after purchasing an additional 2,161 shares during the period. New Wave Wealth Advisors LLC’s holdings in Alphabet were worth $1,035,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares during the last quarter. State Street Corp lifted its holdings 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 valued at $33,511,477,000 after buying an additional 2,428,266 shares in the last quarter. Geode Capital Management LLC boosted 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 buying an additional 441,177 shares during the period. Sanders Capital LLC grew its stake in Alphabet by 6.4% in the 2nd quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock worth $6,272,146,000 after acquiring an additional 2,117,990 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Alphabet by 2.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 31,503,035 shares of the information services provider’s stock worth $5,588,323,000 after acquiring an additional 695,736 shares during the period. 27.26% of the stock is owned by institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google says it disrupted one of the world’s largest residential proxy networks (IPIDEA), removing domains to protect “millions” of consumer devices — a security win that reduces abuse risk and is a PR positive for Google’s platform security. Article Title
• Positive Sentiment: Product/AI momentum: Chrome gained AI image-generation and a side-panel assistant; Google is accelerating M&A and deals to strengthen Gemini (media, voice, international) — supports growth and monetization cases for Search and Cloud. Article Title Article Title
• Positive Sentiment: Analyst & fund flows: KeyBanc raised its price target (to $360) citing AI and Cloud momentum; several fund 13F updates show net additions to GOOGL/GOOG positions (e.g., Migdal, Badgley Phelps). These signals help justify higher valuation expectations. Article Title Article Title
• Neutral Sentiment: Mixed fund flows: some large managers trimmed GOOGL positions (B. Metzler, Boston Trust Walden) while others added — underscores uneven institutional positioning into earnings. Article Title Article Title
• Neutral Sentiment: Short-interest reports in the feed are clearly erroneous (showing 0 shares/NaN); ignore as a signal — liquidity/volatility context remains normal heading into earnings.
• Negative Sentiment: UK regulator proposed rules forcing Google to give publishers more control (opt-outs for AI summaries, citation/compensation measures) — could reduce content available for Google’s AI features and complicate product economics. Article Title
• Negative Sentiment: EU/competition pressure: regulators are forcing data/access remedies (Digital Markets Act guidance, six‑month deadlines to open Android) that could limit Google’s control over Android and Search distribution—a potential long-term revenue/margin headwind. Article Title
• Negative Sentiment: Legal cost: Google agreed to pay $135M to settle a lawsuit over handling of cellular data and must change Play terms / Android setup screens — a modest one‑time cost but signals continuing regulatory/legal friction. Article Title

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the transaction, the chief executive officer owned 2,211,872 shares in the company, valued at $723,945,705.60. The trade was a 1.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 225,075 shares of company stock valued at $69,332,637. Insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

Shares of GOOG stock opened at $336.28 on Thursday. The business’s fifty day simple moving average is $319.16 and its 200-day simple moving average is $264.06. The company has a market cap of $4.06 trillion, a PE ratio of 33.16, a PEG ratio of 1.85 and a beta of 1.09. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $341.20.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, topping 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 firm had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. During the same period in the previous year, the business earned $2.12 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. Analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Raymond James Financial upgraded Alphabet from an “outperform” rating to a “strong-buy” rating and boosted their price target for the company from $315.00 to $400.00 in a report on Thursday, January 22nd. TD Cowen reissued a “buy” rating on shares of Alphabet in a research report on Tuesday, January 13th. Jefferies Financial Group restated a “buy” rating and set a $365.00 price target on shares of Alphabet in a research note on Monday, January 5th. Loop Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. Finally, Mizuho set a $325.00 price target on shares of Alphabet in a research report on Thursday, October 30th. Eight analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Alphabet currently has an average rating of “Buy” and a consensus target price of $327.13.

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.