Matthew Goff Investment Advisor LLC raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 1.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 125,414 shares of the information services provider’s stock after acquiring an additional 1,659 shares during the quarter. Alphabet comprises 5.2% of Matthew Goff Investment Advisor LLC’s portfolio, making the stock its 3rd largest position. Matthew Goff Investment Advisor LLC’s holdings in Alphabet were worth $30,544,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC grew its stake in shares of Alphabet by 580,897.4% during the second quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock worth $23,963,208,000 after purchasing an additional 135,064,454 shares during the period. Norges Bank bought a new position in Alphabet during the second quarter worth about $4,298,572,000. Vanguard Group Inc. grew its position in shares of Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after buying an additional 5,182,111 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Alphabet by 73.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock valued at $2,388,775,000 after acquiring an additional 4,154,929 shares during the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in shares of Alphabet by 17,547.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock valued at $731,331,000 after acquiring an additional 4,099,366 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet has outperformed other Magnificent Seven members YTD (about +66%) which underpins momentum and investor confidence in GOOG’s AI/search-led growth. Article Title
- Positive Sentiment: BMO and other sell?side commentary highlight accelerating AI-driven cloud commitments as a structural growth catalyst for Google Cloud revenue and margins — supports higher earnings multiples for GOOG. Article Title
- Positive Sentiment: Alphabet’s acquisition of Intersect (data?center/energy infrastructure) is a strategic move to scale capacity for AI workloads — likely positive for long?term cloud/AI positioning (capex & integration risk remain). Article Title
- Positive Sentiment: Analyst commentary and price?target updates remain bullish (multiple recent buys/overweights and median targets near/above current levels), reinforcing institutional demand; large funds (UBS, Berkshire, Fidelity) materially added positions in Q3. Article Title
- Positive Sentiment: Industry comparisons point to Alphabet’s AI momentum (Search + Cloud) as a competitive edge versus other AI names like Adobe — a narrative likely to attract growth and momentum money. Article Title
- Neutral Sentiment: Product improvements — Google is testing a way to let some users change Gmail addresses without losing data. Helpful for user satisfaction but low near-term revenue impact. Article Title
- Neutral Sentiment: Coverage pieces and buy?the?dip narratives (MarketBeat, Motley Fool) may sustain retail interest; they support sentiment but aren’t new fundamentals.
- Negative Sentiment: Short interest rose ~35% in December (to ~56.15M shares), increasing potential downside pressure and volatility if sentiment weakens. (Higher days?to?cover also raises squeeze risk but signals more bearish positioning.)
- Negative Sentiment: Quiver/other data flag heavy insider selling (multiple senior executives sold shares recently), which some investors view as a cautionary signal on near?term conviction. Article Title
- Negative Sentiment: Operational note: Waymo paused SF robotaxis during extreme weather — minor near?term PR/operational impact, but highlights autonomous mobility regulatory/operational risks. Article Title
Insider Buying and Selling at Alphabet
Alphabet Price Performance
Shares of NASDAQ GOOG opened at $314.96 on Friday. The company has a fifty day moving average price of $296.32 and a 200 day moving average price of $239.52. The firm has a market cap of $3.80 trillion, a PE ratio of 31.06, a PEG ratio of 1.82 and a beta of 1.07. 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 1-year low of $142.66 and a 1-year high of $328.67.
Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings results 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. The company had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.12 earnings per share. Research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.
Alphabet Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were issued a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 8.28%.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on GOOG. BNP Paribas began coverage on shares of Alphabet in a research note on Monday, November 24th. They set an “outperform” rating on the stock. Wolfe Research boosted their price target on shares of Alphabet from $290.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Canaccord Genuity Group restated a “buy” rating and issued a $330.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. Cowen reiterated a “buy” rating on shares of Alphabet in a report on Friday, December 12th. Finally, Jefferies Financial Group boosted their target price on Alphabet from $285.00 to $320.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $313.04.
Check Out Our Latest Report on Alphabet
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.
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