Alphabet Inc. $GOOG Shares Sold by Parkside Investments LLC

Parkside Investments LLC trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 7.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 55,404 shares of the information services provider’s stock after selling 4,667 shares during the period. Alphabet comprises approximately 1.7% of Parkside Investments LLC’s portfolio, making the stock its 16th biggest holding. Parkside Investments LLC’s holdings in Alphabet were worth $13,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in GOOG. Robinson Smith Wealth Advisors LLC boosted its stake in shares of Alphabet by 1.8% during the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock worth $504,000 after acquiring an additional 36 shares in the last quarter. Searle & CO. raised its holdings in Alphabet by 0.6% in the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock worth $1,389,000 after purchasing an additional 36 shares during the period. Navellier & Associates Inc. boosted its position in Alphabet by 0.6% during the third quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock worth $1,424,000 after purchasing an additional 36 shares in the last quarter. BankPlus Wealth Management LLC boosted its position in Alphabet by 1.2% during the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock worth $766,000 after purchasing an additional 37 shares in the last quarter. Finally, Activest Wealth Management grew its holdings in Alphabet by 0.5% in the third quarter. Activest Wealth Management now owns 7,997 shares of the information services provider’s stock valued at $1,948,000 after purchasing an additional 38 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large AI-infrastructure customer win — Meta has agreed to rent Google’s Tensor Processing Units for model training, a multibillion‑dollar deal that directly supports Google Cloud & TPU revenue and validates Google’s chip strategy. Google signs multibillion-dollar AI chip deal with Meta, Information reports
• Positive Sentiment: Product momentum in generative AI — Google launched Nano Banana 2, an upgraded, faster image‑generation model that improves UX in Gemini/Search and can increase user engagement across Google properties. Google rolls out Nano Banana 2 after viral success of AI image generation tool
• Positive Sentiment: Cloud/AI fundamentals remain strong — analyst commentary highlights accelerating Google Cloud revenue and AI demand (large backlog cited), reinforcing the growth narrative that underpins long‑term earnings. AI Push Provides a Boost to GOOGL’s Cloud Business: More Upside Ahead?
• Positive Sentiment: Analyst support — Wells Fargo recently upgraded Alphabet, which can help sentiment and provide buying interest amid pullbacks. Wells Fargo upgrades Alphabet (GOOG)
• Neutral Sentiment: Robotics and AV consolidation — Alphabet folded robotics software unit Intrinsic into Google and is expanding Waymo testing (Chicago/Charlotte); strategic for long‑term diversification but limited near‑term revenue impact. Alphabet-owned robotics software company Intrinsic joins Google
• Neutral Sentiment: Mixed analyst/market takes — coverage pieces compare Alphabet to other AI/cloud players; useful for framing valuation debates but not an immediate catalyst. Must-Track Streaming Stocks in the Evolving Media Landscape
• Negative Sentiment: CapEx and margin worries — market commentary and forum summaries point to investor anxiety over very large AI infrastructure spending (prior guidance and projected 2026 capex), which can pressure margins and drove earlier after‑hours weakness. Alphabet Stock (GOOG) Opinions on Q4 Earnings and Capex Guidance
• Negative Sentiment: Hidden/long‑term infrastructure obligations — a Moody’s‑cited report highlights large off‑balance‑sheet data‑center lease commitments across hyperscalers, underscoring potential future costs and financing risks. Hidden AI Costs? Big Tech Hyperscalers Hold $662 Billion In Off-Balance-Sheet Data Center Leases: Report
• Negative Sentiment: Positioning changes and selling — some funds have trimmed GOOGL stakes and there are reports of insider/manager selling that can add downward pressure in a pullback. MIG Capital Cuts Alphabet Inc. Class C Stake

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the transaction, the chief executive officer owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This trade represents a 1.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total value of $314,001.15. Following the transaction, the chief accounting officer directly owned 9,916 shares in the company, valued at $3,337,229.80. This trade represents a 8.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,112,482 shares of company stock valued at $119,145,289. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Performance

NASDAQ:GOOG opened at $307.15 on Friday. The company’s 50-day moving average price is $321.43 and its 200-day moving average price is $282.05. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market cap of $3.72 trillion, a P/E ratio of 28.41, a P/E/G ratio of 1.84 and a beta of 1.10. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Alphabet’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.15 EPS. On average, sell-side analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Upgrades and Downgrades

GOOG has been the topic of a number of recent analyst reports. Bank of America increased their target price on Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Wells Fargo & Company upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday. Mizuho set a $325.00 target price on shares of Alphabet in a research report on Thursday, October 30th. Royal Bank Of Canada reissued an “outperform” rating and set a $375.00 target price on shares of Alphabet in a research note on Thursday, January 15th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $343.90.

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.