Prime Capital Investment Advisors LLC Sells 4,555 Shares of Alphabet Inc. $GOOG

Prime Capital Investment Advisors LLC lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 216,535 shares of the information services provider’s stock after selling 4,555 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Alphabet were worth $52,737,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its stake in Alphabet by 117.0% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 28,279 shares of the information services provider’s stock worth $6,887,000 after purchasing an additional 15,249 shares in the last quarter. Financial & Tax Architects LLC lifted its position in shares of Alphabet by 11.6% during the third quarter. Financial & Tax Architects LLC now owns 10,231 shares of the information services provider’s stock valued at $2,492,000 after buying an additional 1,062 shares during the last quarter. Aurdan Capital Management LLC purchased a new stake in Alphabet during the third quarter valued at approximately $367,000. Modus Advisors LLC boosted its holdings in Alphabet by 0.6% in the third quarter. Modus Advisors LLC now owns 40,171 shares of the information services provider’s stock worth $9,784,000 after acquiring an additional 244 shares in the last quarter. Finally, John G Ullman & Associates Inc. lifted its stake in shares of Alphabet by 11.8% during the third quarter. John G Ullman & Associates Inc. now owns 16,973 shares of the information services provider’s stock worth $4,134,000 after buying an additional 1,795 shares during the period. 27.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on GOOG. HSBC reaffirmed a “buy” rating and issued a $335.00 price objective on shares of Alphabet in a report on Thursday, October 30th. Wedbush reaffirmed an “outperform” rating and set a $370.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Guggenheim reaffirmed a “buy” rating and set a $375.00 target price on shares of Alphabet in a research note on Monday, December 1st. Finally, Loop Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $343.47.

Alphabet Price Performance

GOOG stock opened at $311.32 on Thursday. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15. The business’s 50-day moving average is $322.38 and its two-hundred day moving average is $274.01. 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 firm has a market capitalization of $3.76 trillion, a P/E ratio of 28.80, a P/E/G ratio of 1.89 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.Alphabet’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period last year, the firm earned $2.15 earnings per share. Analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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 paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total value of $10,893,350.00. Following the sale, the chief executive officer directly owned 2,179,372 shares in the company, valued at $730,481,906.96. This represents a 1.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $337.52, for a total transaction of $202,512.00. Following the sale, the director owned 21,224 shares in the company, valued at approximately $7,163,524.48. This trade represents a 2.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,069,864 shares of company stock valued at $105,985,041 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Scotiabank reiterated an Outperform and lifted its price target to $400, citing Google’s solid results and AI positioning — a bullish analyst signal that supports upside expectations. Scotiabank Maintains its Outperform Rating on Alphabet Inc. (GOOGL)
• Positive Sentiment: EU regulators cleared Alphabet’s $32B Wiz acquisition unconditionally, removing a major regulatory overhang and making the deal a nearer-term strategic win for Google Cloud/security. Google secures EU antitrust approval for $32 billion Wiz acquisition
• Positive Sentiment: Google is adding shopping/ad formats into AI Search and Gemini, opening a new direct monetization channel for AI answers — potential incremental ad/commerce revenue. Google Weaves New Shopping Feature Into Search and Gemini
• Positive Sentiment: Institutional flows show conviction from some large investors: Egerton opened a ~$338.5M GOOG position and several funds (e.g., TD Asset Management, Homestead) added shares in recent filings — signals of continued institutional demand. Egerton opens new $338.5M GOOG position
• Positive Sentiment: Alphabet participated in a major robotics/AI funding round (Apptronik), underscoring strategic bets and partnerships in robotics and AI ecosystems. Apptronik raises $520M with backing from Google
• Neutral Sentiment: Fund-level portfolio moves are mixed: some managers trimmed GOOG while others added sizeable allocations — useful for tracking flow but mixed near-term directional impact. (Various 13F updates)
• Negative Sentiment: Alphabet’s unusually large debt raise (century bond and >$20–$30B offering) has spooked some investors — analysts and headlines flagged “debt anxiety,” and the fundraising is cited as a key reason for short-term selling despite strong demand for the bonds. Alphabet sells bonds worth $20 billion to fund AI spending
• Negative Sentiment: Privacy/regulatory risk: reporting that Google disclosed a student journalist’s personal/financial data to ICE without a judge-approved subpoena raises reputational and potential regulatory scrutiny risks. Google sent personal and financial information of student journalist to ICE

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.