Paragon Private Wealth Management LLC Grows Stock Holdings in Alphabet Inc. $GOOGL

Paragon Private Wealth Management LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 36.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,427 shares of the information services provider’s stock after acquiring an additional 11,682 shares during the period. Alphabet comprises approximately 3.5% of Paragon Private Wealth Management LLC’s holdings, making the stock its 4th largest position. Paragon Private Wealth Management LLC’s holdings in Alphabet were worth $10,557,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of GOOGL. Brighton Jones LLC lifted its holdings in Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after purchasing an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after purchasing an additional 506 shares during the period. Simplicity Wealth LLC raised its position in shares of Alphabet by 48.6% during the 2nd quarter. Simplicity Wealth LLC now owns 49,889 shares of the information services provider’s stock valued at $8,792,000 after purchasing an additional 16,308 shares during the period. Marietta Wealth Management LLC lifted its stake in shares of Alphabet by 89.0% during the 2nd quarter. Marietta Wealth Management LLC now owns 171,463 shares of the information services provider’s stock valued at $30,216,000 after buying an additional 80,719 shares in the last quarter. Finally, IVC Wealth Advisors LLC lifted its stake in shares of Alphabet by 5.3% during the 2nd quarter. IVC Wealth Advisors LLC now owns 1,680 shares of the information services provider’s stock valued at $296,000 after buying an additional 84 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts boosted targets and reiterated buys, supporting upside case for growth from AI and cloud — Daiwa lifted its target to $380 and President Capital lifted its target as well. Daiwa raises price target on Alphabet
• Positive Sentiment: EU granted unconditional antitrust approval for Google’s $32B acquisition of Wiz, removing a major regulatory obstacle for the company’s largest deal and supporting cloud/security growth expectations. EU clears Wiz acquisition
• Positive Sentiment: Waymo expanded fully autonomous service in Nashville, signaling progress in commercializing a core long-term growth area beyond advertising. Waymo goes fully autonomous
• Neutral Sentiment: Alphabet increased the size of a multi-part debt sale (reports say the raise topped $30B) as demand strengthened — provides funding for AI infrastructure but raises questions about capital structure and long-duration liabilities. Alphabet boosts debt sale above $30B
• Neutral Sentiment: Company offered voluntary exit packages to some business-unit employees — could reduce costs but also reflects strategic reorganization and execution risk. Google offers buyouts to some staff
• Negative Sentiment: Report that Google handed personal and financial data on a student/journalist to ICE (via subpoena not approved by a judge) raises privacy/regulatory and reputational risk. Google sent student data to ICE
• Negative Sentiment: European Publishers Council filed an EU antitrust complaint about Google’s AI Overviews, adding regulatory pressure around search/AI monetization. Publishers file antitrust complaint
• Negative Sentiment: Autodesk sued Google over alleged trademark infringement for AI video tools and other legal skirmishes/consumer-safety litigation are piling up — added litigation risk. Autodesk sues Google
• Negative Sentiment: High-profile critics and some investors flagged Alphabet’s century‑long debt issuance as worrisome; public comments (e.g., Michael Burry posts) add negative market sentiment. Michael Burry warns on Google

Insider Activity

In related news, Director John L. Hennessy sold 600 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total value of $202,512.00. Following the completion of the transaction, the director owned 21,224 shares of the company’s stock, valued at approximately $7,163,524.48. This trade represents a 2.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,067,686 shares of company stock worth $105,352,291. 11.55% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. BNP Paribas Exane started coverage on Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating and a $355.00 price target for the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $370.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Stifel Nicolaus reiterated a “buy” rating and set a $395.00 target price (up previously from $346.00) on shares of Alphabet in a research report on Thursday, February 5th. DA Davidson lifted their target price on Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Finally, Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 7th. Three analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $359.44.

Alphabet Stock Down 1.8%

Shares of GOOGL opened at $318.57 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market capitalization of $3.84 trillion, a price-to-earnings ratio of 29.47, a price-to-earnings-growth ratio of 1.78 and a beta of 1.09. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The business’s 50 day simple moving average is $321.85 and its 200-day simple moving average is $273.11.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.25. The company 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%. As a group, equities analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued 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 payout ratio is 7.77%.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.