Northeast Financial Group Inc. Takes $670,000 Position in Alphabet Inc. $GOOG

Northeast Financial Group Inc. acquired a new position in Alphabet Inc. (NASDAQ:GOOG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,753 shares of the information services provider’s stock, valued at approximately $670,000.

Other large investors have also added to or reduced their stakes in the company. Y.D. More Investments Ltd lifted its position in Alphabet by 35.9% during the 3rd quarter. Y.D. More Investments Ltd now owns 65,179 shares of the information services provider’s stock worth $15,869,000 after buying an additional 17,207 shares in the last quarter. D Orazio & Associates Inc. increased its position in shares of Alphabet by 5.3% in the third quarter. D Orazio & Associates Inc. now owns 13,283 shares of the information services provider’s stock valued at $3,235,000 after acquiring an additional 667 shares during the last quarter. Somerville Kurt F raised its holdings in Alphabet by 17.0% during the third quarter. Somerville Kurt F now owns 4,993 shares of the information services provider’s stock worth $1,216,000 after acquiring an additional 727 shares in the last quarter. Amara Financial LLC. bought a new stake in Alphabet during the third quarter worth about $208,000. Finally, ICICI Prudential Asset Management Co Ltd boosted its position in Alphabet by 8.2% during the third quarter. ICICI Prudential Asset Management Co Ltd now owns 79,873 shares of the information services provider’s stock valued at $19,453,000 after purchasing an additional 6,087 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wall Street bullishness: Several firms (Wells Fargo, Mizuho and others) have upgraded or reiterated bullish ratings and raised price targets (median ~ $370, multiple targets much higher), supporting upside expectations for ad/Gemini growth. ‘Time to Get More Constructive,’ Says Wells Fargo on Alphabet Stock (GOOGL)
• Positive Sentiment: Partnerships expand commercial reach: Alphabet struck a collaboration with Loblaw in Canada to embed Google shopping/AI capabilities, widening retail monetization touchpoints outside core U.S. markets. Alphabet Inc. (GOOGL): Loblaw Companies Limited Enters into New Collaboration
• Positive Sentiment: Product momentum in AI: Google launched Lyria 3 (DeepMind music-generation) in beta inside the Gemini app, showing ongoing product expansion that can drive engagement and new use cases for monetization. Alphabet (GOOGL) Expands AI Reach Amid Market Debate
• Neutral Sentiment: Industry capex context: Bridgewater estimates Big Tech will invest roughly $650B in AI infrastructure in 2026 — a sector-wide capital cycle that helps explain Alphabet’s spending plans but also signals competitive pressure on margins and suppliers. Big Tech to invest about $650 billion in AI in 2026, Bridgewater says
• Neutral Sentiment: Debate over AI capex sustainability: Social and industry commentary highlights that Alphabet is funding massive AI buildouts internally (versus peers using debt), creating long-term strategic advantages for suppliers but stirring free-cash-flow and energy-demand concerns. Alphabet Stock (GOOGL) Opinions on AI Infrastructure Expansion
• Negative Sentiment: Capex and cash-flow anxiety: Several pieces (and investor chatter) point to aggressive AI spending that could pressure free cash flow in 2026 — a headline driver that has weighed on the stock despite Alphabet’s large backlog and revenue growth. Alphabet: Don’t Let The CapEx Scare You Away From A $240B Backlog
• Negative Sentiment: Insider selling and governance headlines: Recent large insider sales (including CEO transactions reported) add short-term selling pressure and raise governance/optics concerns for some investors. Insider Selling: Alphabet (NASDAQ:GOOG) CEO Sells $9,877,400.00 in Stock
• Negative Sentiment: Accounting scrutiny: High-profile skepticism (e.g., Michael Burry commentary) accusing Big Tech of using accounting/depreciation to mask AI costs is adding reputational and analytical headwinds that can amplify volatility. Michael Burry Warns MSFT, GOOG, META Are Using ‘Sinister’ Accounting

Insider Buying and Selling at Alphabet

In related news, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the sale, the chief accounting officer directly owned 9,916 shares in the company, valued at $3,337,229.80. The trade was a 8.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders sold a total of 2,112,482 shares of company stock worth $119,145,289 in the last 90 days. Company insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GOOG. Royal Bank Of Canada reiterated an “outperform” rating and set a $375.00 price objective on shares of Alphabet in a research note on Thursday, January 15th. Truist Financial set a $350.00 target price on shares of Alphabet in a report on Friday, December 5th. HSBC reiterated a “buy” rating and issued a $335.00 price target on shares of Alphabet in a research note on Thursday, October 30th. Barclays boosted their price objective on shares of Alphabet from $250.00 to $315.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Finally, Guggenheim reiterated a “buy” rating and issued a $375.00 target price 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 issued a Buy rating, four have issued 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 a consensus target price of $343.90.

Alphabet Price Performance

Shares of GOOG opened at $311.69 on Tuesday. The company’s 50-day moving average is $321.00 and its 200-day moving average is $280.89. 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 $3.77 trillion, a PE ratio of 28.83, a PEG ratio of 1.85 and a beta of 1.10. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Alphabet’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.15 EPS. Equities analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The company 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. 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 dividend payout ratio (DPR) is 7.77%.

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.