Texas Capital Bank Wealth Management Services Inc Raises Stock Holdings in Alphabet Inc. $GOOG

Texas Capital Bank Wealth Management Services Inc grew its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 26.0% in the third quarter, Holdings Channel reports. The fund owned 18,190 shares of the information services provider’s stock after buying an additional 3,750 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in Alphabet were worth $4,430,000 at the end of the most recent reporting period.

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

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet 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 directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This represents a 23.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,112,493 shares of company stock valued at $118,605,094 over the last 90 days. 12.99% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on GOOG. Oppenheimer reaffirmed an “outperform” rating and issued a $360.00 price target on shares of Alphabet in a report on Thursday, February 5th. KeyCorp set a $370.00 price objective on Alphabet in a research note on Thursday, February 5th. Truist Financial set a $350.00 price objective on Alphabet in a research report on Friday, December 5th. Loop Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. Finally, Wells Fargo & Company upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $345.71.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: GFiber is combining with Astound Broadband with Stonepeak as majority owner while Alphabet keeps a minority stake — this monetizes Google’s fiber asset, reduces future capex burden and leaves Alphabet with upside exposure to a larger independent broadband operator. Alphabet Inc. (GOOGL)’s Expanding Horizons: AI, Cloud, and Broadband Growth
• Positive Sentiment: Gemini AI is being added to Google Maps via “Ask Maps,” increasing product differentiation and engagement across a high-traffic app — a direct example of AI driving user value and monetization opportunities. Google (GOOGL) Adds Its Gemini AI Model to Google Maps to Allow More Detailed Questions
• Positive Sentiment: Google completed the acquisition of Wiz (~$32B), strengthening cloud security offerings — a strategic tuck-in that can help win larger enterprise cloud deals and justify higher cloud multiple over time. Google Just Closed Its $32 Billion Wiz Deal. How Should You Play GOOGL Stock Here?
• Positive Sentiment: Google changed Android billing rules, cut developer fees and resolved the Epic/Fortnite dispute — removing a legal overhang and improving developer economics for Play Store, which supports long-term app revenue resilience. Google (GOOGL) App Store Brings Back Fortnite, Changes Fee Structure
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive — recent coverage highlights strong Q4 results, cash-rich balance sheet and a consensus “Buy” tilt with several elevated price targets. This underpins medium-term investor confidence. Alphabet Q4: A Fairly Valued Tech Titan To Buy Now
• Neutral Sentiment: Social and options flow show heightened bullish conviction around Gemini and cloud, but this is sentiment-driven and can amplify short-term volatility rather than change fundamentals. Alphabet Stock (GOOG) Opinions on Gemini AI Advancements
• Neutral Sentiment: Recent short-interest data in feeds appears noisy/invalid and does not signal a meaningful squeeze or covering dynamic at present.
• Negative Sentiment: U.K. regulator warnings on protecting children online increase the risk of tighter rules and compliance costs for big tech — a regulatory backdrop that could pressure valuations if enforcement or new rules accelerate. Big tech given warning – and deadline – by UK regulator

Alphabet Stock Down 0.6%

NASDAQ:GOOG opened at $301.46 on Friday. The company has a market cap of $3.65 trillion, a price-to-earnings ratio of 27.89, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. 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 stock has a fifty day simple moving average of $319.36 and a 200-day simple moving average of $289.75.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. The firm had revenue of $113.83 billion for 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%. The business’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.15 earnings per share. Analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

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

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.