Profund Advisors LLC Sells 20,755 Shares of Alphabet Inc. $GOOG

Profund Advisors LLC cut its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 8.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 216,598 shares of the information services provider’s stock after selling 20,755 shares during the quarter. Alphabet accounts for 1.7% of Profund Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Profund Advisors LLC’s holdings in Alphabet were worth $52,752,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Midwest Financial Group LLC acquired a new position in shares of Alphabet during the 3rd quarter worth $215,000. Western Wealth Management LLC increased its holdings in Alphabet by 1.4% during the 3rd quarter. Western Wealth Management LLC now owns 38,451 shares of the information services provider’s stock valued at $9,365,000 after acquiring an additional 539 shares in the last quarter. Breakwater Capital Group raised its position in Alphabet by 0.4% during the third quarter. Breakwater Capital Group now owns 16,968 shares of the information services provider’s stock worth $4,133,000 after acquiring an additional 64 shares during the last quarter. Legacy Financial Strategies LLC lifted its holdings in shares of Alphabet by 11.4% in the third quarter. Legacy Financial Strategies LLC now owns 2,930 shares of the information services provider’s stock valued at $714,000 after purchasing an additional 301 shares in the last quarter. Finally, Tempus Wealth Planning LLC grew its position in shares of Alphabet by 14.5% in the third quarter. Tempus Wealth Planning LLC now owns 3,783 shares of the information services provider’s stock valued at $921,000 after purchasing an additional 479 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $319.50, for a total value of $10,383,750.00. Following the transaction, the chief executive officer owned 2,272,119 shares in the company, valued at approximately $725,942,020.50. This trade represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $288.26, for a total value of $800,786.28. Following the sale, the chief accounting officer owned 11,739 shares of the company’s stock, valued at $3,383,884.14. This represents a 19.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 2,069,864 shares of company stock valued at $105,985,041. Corporate insiders own 12.99% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s results and AI traction remain strong: Cloud revenue and enterprise backlog are accelerating and Gemini user metrics/support drive upside to long‑term monetization. Zacks: The Zacks Analyst Alphabet…
• Positive Sentiment: Waymo deployment of next‑gen robotaxis signals commercial progress for Alphabet’s autonomous‑vehicle unit, a longer‑term growth catalyst. CNBC: Waymo begins deploying next‑gen Ojai robotaxis
• Neutral Sentiment: Some large asset managers are net buying while others trimmed positions — BNP Paribas added a multi‑million share position in GOOG, offsetting other institutional reductions. QuiverQuant: BNP Paribas fund update
• Neutral Sentiment: Reported short‑interest figures in recent feeds show zero shares (likely a data anomaly), so shorting activity is not a clear driver today.
• Negative Sentiment: Alphabet completed a very large multi‑currency debt offering (including long‑dated tranches/century bond reports), which has spooked some investors worried about aggressive debt‑funded CapEx and the lack of customary bond protections. Reuters: Alphabet bonds’ lack of guardrails…
• Negative Sentiment: Management guided 2026 CapEx sharply higher (~$175–$185B), and the market has treated that as a near‑term cash‑flow/headwind risk despite its AI rationale — this contributed to post‑earnings weakness. Zacks: Alphabet drops 7% post Q4 earnings
• Negative Sentiment: EU antitrust scrutiny has resurfaced: regulators are probing Google’s search‑ads auction/pricing practices in Europe, introducing regulatory risk for ad monetization. Reuters: Google targeted by EU over search advertising auction practices
• Negative Sentiment: Notable institutional trimming reported in 13F updates (e.g., Neuberger, Swiss National Bank saw reductions), which can pressure intraday liquidity/psychology even as other funds add exposure. QuiverQuant: Neuberger Berman fund update

Analysts Set New Price Targets

GOOG has been the subject of several research reports. Loop Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $370.00 price objective on shares of Alphabet in a research report on Tuesday, January 20th. Oppenheimer reiterated an “outperform” rating and set a $360.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Scotiabank reissued an “outperform” rating and issued a $400.00 target price (up previously from $375.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $345.00 price target on shares of Alphabet in a report on Thursday, February 5th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Alphabet has a consensus rating of “Buy” and an average target price of $343.90.

Alphabet Stock Down 1.1%

GOOG opened at $306.02 on Friday. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The business has a 50-day moving average of $321.87 and a two-hundred day moving average of $275.59. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market capitalization of $3.69 trillion, a price-to-earnings ratio of 28.31, a price-to-earnings-growth ratio of 1.80 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. During the same period last year, the company earned $2.15 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis. On average, research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

About Alphabet

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.