Triton Financial Group Inc bought a new stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,272 shares of the information services provider’s stock, valued at approximately $4,937,000. Alphabet accounts for 3.3% of Triton Financial Group Inc’s portfolio, making the stock its 6th biggest position.
A number of other hedge funds have also bought and sold shares of the business. BankPlus Wealth Management LLC boosted its stake in shares of Alphabet by 1.2% in the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock valued at $766,000 after buying an additional 37 shares during the period. Cedar Mountain Advisors LLC raised its holdings in Alphabet by 11.8% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 370 shares of the information services provider’s stock valued at $90,000 after acquiring an additional 39 shares in the last quarter. Higgins & Schmidt Wealth Strategies LLC lifted its position in shares of Alphabet by 2.2% during the 3rd quarter. Higgins & Schmidt Wealth Strategies LLC now owns 1,818 shares of the information services provider’s stock valued at $443,000 after acquiring an additional 40 shares during the period. Hartmann Taylor Wealth Management LLC lifted its position in shares of Alphabet by 2.3% during the 3rd quarter. Hartmann Taylor Wealth Management LLC now owns 1,813 shares of the information services provider’s stock valued at $442,000 after acquiring an additional 40 shares during the period. Finally, Riverbend Wealth Management LLC grew its holdings in shares of Alphabet by 1.0% during the 3rd quarter. Riverbend Wealth Management LLC now owns 4,198 shares of the information services provider’s stock worth $1,023,000 after purchasing an additional 41 shares in the last quarter. 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 Cloud landed a five?year AI partnership with Liberty Global to deploy Gemini models and cloud tools across the cable operator’s European business — a meaningful commercial win for Cloud and Gemini adoption that supports recurring revenue growth. Google Cloud, Liberty Global strike five-year AI partnership
- Positive Sentiment: Waymo raised $16 billion in a round that values the unit near $126 billion — this large external financing both recognizes Waymo’s standalone value and de?risks Alphabet’s capital commitment while preserving upside from a high?value autonomous?vehicle asset. Waymo announces $16 billion fundraising round
- Positive Sentiment: Alphabet scored a legal win when a judge rejected a bid to force a $2.36B penalty — easing a sizeable regulatory/legal overhang. Google (GOOGL) Dodges $2.36B Class Action Penalty in Major Court Win
- Positive Sentiment: Analysts and commentators continue to point to AI?driven strength in Search, YouTube and Cloud as the main drivers for expected strong Q4 results, supporting investor optimism heading into earnings. Alphabet (GOOGL) Stock: What Wall Street Expects from Earnings Wednesday
- Neutral Sentiment: Options market pricing and analysts expect a sizable post?earnings move (the options market is pricing notable volatility), meaning the stock can swing sharply after the Q4 report. Alphabet (GOOGL) Q4 Earnings on Deck: Options Market Braces for a 6.18% Swing
- Neutral Sentiment: Competition in generative AI (reports of an imminent Claude 5 launch) keeps the product landscape dynamic — a potential headwind or stimulus depending on execution and partnerships. Claude 5 Will Probably Launch In Q1
- Neutral Sentiment: Short?interest data in the latest print is uninformative (shows effectively zero days of short interest), indicating little visible short pressure but also potential data noise — not a clear driver either way.
- Negative Sentiment: Several institutional 13F filings show managers trimming GOOG positions and at least one major shareholder sale was reported (~$35M), signaling some profit?taking after the stock’s strong run. Fund Update: PROVIDENT TRUST CO Just Disclosed New Holdings Alphabet Major Shareholder Sells
- Negative Sentiment: Critical commentary warns AI could create structural risks for ad models if monetization lags; plus a reported $110M hit to Disney from a YouTube TV carriage dispute underscores distribution/friction risks around media partners. Disney said it took a $110 million hit from its fight with YouTube TV Mag 7’s “Commitment” to Data Centers & GOOGL “Existential Crisis”
Alphabet Trading Up 1.9%
Alphabet Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s payout ratio is presently 8.28%.
Insider Activity at Alphabet
In other news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the sale, the insider owned 42,972 shares in the company, valued at $13,531,453.08. This represents a 29.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,069,531 shares of company stock valued at $104,158,826 over the last three months. 12.99% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
GOOG has been the subject of a number of analyst reports. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Oppenheimer boosted their target price on shares of Alphabet from $300.00 to $345.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. Piper Sandler increased their price target on shares of Alphabet from $285.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Finally, Guggenheim reissued a “buy” rating and issued a $375.00 price objective on shares of Alphabet in a research note on Monday, December 1st. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Alphabet has an average rating of “Buy” and an average target price of $330.83.
View Our Latest Stock Analysis on GOOG
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.
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