MOKAN Wealth Management Inc. Reduces Stock Position in Alphabet Inc. $GOOG

MOKAN Wealth Management Inc. cut its stake in Alphabet Inc. (NASDAQ:GOOG) by 16.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,881 shares of the information services provider’s stock after selling 2,964 shares during the quarter. Alphabet accounts for about 1.8% of MOKAN Wealth Management Inc.’s investment portfolio, making the stock its 17th largest holding. MOKAN Wealth Management Inc.’s holdings in Alphabet were worth $3,625,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock valued at $73,927,821,000 after buying an additional 5,182,111 shares during the last quarter. State Street Corp grew its holdings in shares of Alphabet by 1.3% in the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock worth $33,511,477,000 after acquiring an additional 2,428,266 shares during the period. Geode Capital Management LLC grew its holdings in shares of Alphabet by 0.4% in the second quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock worth $19,022,926,000 after acquiring an additional 441,177 shares during the period. Sanders Capital LLC increased its position in Alphabet by 6.4% during the second quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock valued at $6,272,146,000 after acquiring an additional 2,117,990 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Alphabet by 2.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 31,503,035 shares of the information services provider’s stock valued at $5,588,323,000 after acquiring an additional 695,736 shares during the period. Institutional investors own 27.26% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on GOOG. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $370.00 price target on shares of Alphabet in a research note on Tuesday, January 20th. Scotiabank reissued an “outperform” rating and issued a $375.00 price objective (up previously from $336.00) on shares of Alphabet in a report on Friday, January 9th. Canaccord Genuity Group boosted their target price on shares of Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. DA Davidson set a $300.00 price target on shares of Alphabet in a research report on Tuesday, November 25th. Finally, Mizuho set a $325.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. Eight analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Alphabet presently has a consensus rating of “Buy” and a consensus price target of $330.83.

Insider Transactions at Alphabet

In related news, insider John Kent Walker sold 17,829 shares of the stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the sale, the insider owned 42,972 shares in the company, valued at approximately $13,531,453.08. This trade represents a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $288.26, for a total value of $800,786.28. Following the sale, the chief accounting officer directly owned 11,739 shares in the company, valued at $3,383,884.14. This trade represents a 19.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 225,075 shares of company stock valued at $69,332,637 over the last 90 days. Company insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

GOOG opened at $338.66 on Friday. The company has a 50 day simple moving average of $320.13 and a two-hundred day simple moving average of $264.58. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The firm has a market cap of $4.09 trillion, a P/E ratio of 33.40, a PEG ratio of 1.85 and a beta of 1.09. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $342.29.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share 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 analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Alphabet’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.12 EPS. Equities analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, December 8th. Alphabet’s payout ratio is presently 8.28%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is expanding Gemini AI features inside Chrome (assistant features and image tools), which supports product engagement and potential ad/search monetization upside. Google brings more Gemini AI features to Chrome browser
• Positive Sentiment: Google added AI image-generation and side-panel virtual assistant capabilities to Chrome, strengthening user stickiness and increasing cross-product use of Gemini. Google adds AI image generation to Chrome browser
• Positive Sentiment: Apple CEO Tim Cook confirmed an AI collaboration with Google that Apple describes as unlocking new experiences — a high-profile partner endorsement that could broaden Gemini distribution and revenue pathways. Tim Cook on Google partnership
• Positive Sentiment: Institutional buying: Vanguard disclosed a meaningful addition of GOOGL shares (reported in 13F updates), indicating continued large-cap demand from major asset managers. VANGUARD GROUP INC Fund Update
• Positive Sentiment: Positive market commentary (including Jim Cramer) is supporting bullish sentiment toward Alphabet’s AI-led growth story. “Alphabet (GOOGL)’s Extraordinary,” Says Jim Cramer
• Neutral Sentiment: Waymo continues geographic expansion (airport services in San Francisco, planned UK rollout), signaling long-term autonomous mobility potential but still early monetization. Waymo Opens Up Airport Service in San Francisco
• Neutral Sentiment: Analysts expect earnings growth next week and note the AI push as a driver; these previews keep focus on upcoming results and guidance for Search/Cloud. Alphabet Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Google disrupted a large residential proxy network, which could improve customer trust and reduce fraud exposure (reputational/operational benefit). Google disrupts large residential proxy network
• Negative Sentiment: Regulatory/legal risk: a Waymo robotaxi struck a child near a school; the NHTSA has opened an investigation — a headline risk that can pressure shares and slow AV commercialization timelines. Waymo Robotaxi Hits Child, Prompting NHTSA Investigation
• Negative Sentiment: UK competition regulator proposed rules forcing Google to give publishers opt-outs for AI summaries and more transparency — potential headwinds for Search product design and legal/compliance costs. UK regulator proposes changes to Google search for publishers
• Negative Sentiment: Alphabet agreed to pay about $135M to settle a lawsuit over handling of cellular data, a direct near-term cash/legal hit and raises scrutiny on data practices. Google to Pay $135 Million to Settle Lawsuit

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.