Alphabet Inc. $GOOG is Matthew Goff Investment Advisor LLC’s 3rd Largest Position

Matthew Goff Investment Advisor LLC lessened its stake in Alphabet Inc. (NASDAQ:GOOG) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 122,857 shares of the information services provider’s stock after selling 2,557 shares during the quarter. Alphabet accounts for about 6.5% of Matthew Goff Investment Advisor LLC’s portfolio, making the stock its 3rd largest holding. Matthew Goff Investment Advisor LLC’s holdings in Alphabet were worth $38,552,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GOOG. JPMorgan Chase & Co. lifted its holdings in Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after acquiring an additional 7,904,434 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of Alphabet by 73.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock worth $2,388,775,000 after purchasing an additional 4,154,929 shares during the period. Danske Bank A S purchased a new position in shares of Alphabet during the 3rd quarter valued at approximately $678,198,000. Holocene Advisors LP purchased a new position in shares of Alphabet during the 2nd quarter valued at approximately $455,745,000. Finally, State Street Corp lifted its stake in shares of Alphabet by 1.3% in the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock valued at $33,511,477,000 after purchasing an additional 2,428,266 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Gemma 4, a new open-source AI model family that reinforces Google’s AI leadership and developer ecosystem—positive for long‑term cloud and AI monetization. Google Introduces Gemma 4
• Positive Sentiment: Market commentary highlights Google’s TurboQuant memory/compression advances as a potential efficiency and performance edge for large models — this can improve margins on AI workloads over time. Google’s TurboQuant Breakthrough
• Positive Sentiment: Needham and other firms continue to voice bullishness (Needham reiterated a Buy with a high price target), keeping analyst sentiment supportive for upside once market focus returns to fundamentals. Needham Reiterates Buy
• Neutral Sentiment: Wells Fargo kept an Overweight stance on Alphabet but trimmed price targets — signals confidence in the story but slightly cooler near‑term expectations. Wells Fargo Keeps Overweight, Cuts PTs
• Neutral Sentiment: Broader market flows and ETF activity (SPY/QQQ/VTI moves) have amplified Alphabet’s intraday swings — i.e., macro risk‑on/off and large‑cap index moves remain an execution risk for short‑term price action. SPY/ETF Context
• Negative Sentiment: Amie Thuener O’Toole, Alphabet’s principal accounting officer, is leaving to become Broadcom’s CFO — the loss of a senior finance leader creates short‑term execution and transition risk. Broadcom Taps Alphabet Executive as CFO (Reuters)
• Negative Sentiment: Semianalysis’ CEO warned that Google’s free cash flow could be driven to near zero next year by heavy AI capex — a reminder that aggressive infrastructure spending may pressure near‑term cash flow and valuation multiples. Semianalysis CEO: FCF Hit by AI CapEx
• Negative Sentiment: Insider selling by senior executives (recent sales reported for John Kent Walker and others) can weigh on sentiment, especially with elevated market sensitivity to insider activity. Insider Sale: John Kent Walker

Alphabet Stock Performance

NASDAQ:GOOG opened at $294.46 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market capitalization of $3.56 trillion, a PE ratio of 27.24, a P/E/G ratio of 1.81 and a beta of 1.13. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. The company has a fifty day moving average of $309.68 and a two-hundred day moving average of $296.30.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same quarter last year, the business earned $2.15 earnings per share. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. As a group, research analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s payout ratio is 7.77%.

Analyst Ratings Changes

A number of analysts recently issued reports on GOOG shares. Raymond James Financial raised shares of Alphabet from an “outperform” rating to a “strong-buy” rating and increased their price target for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $375.00 price objective on shares of Alphabet in a research report on Thursday, January 15th. Citigroup restated a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. Scotiabank restated an “outperform” rating and issued a $400.00 price target (up from $375.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $360.00 price target on shares of Alphabet in a report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $345.71.

Insider Activity at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the sale, the director directly owned 4,631 shares of the company’s stock, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider John Kent Walker sold 8,993 shares of the business’s stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the sale, the insider owned 51,808 shares of the company’s stock, valued at $14,293,309.12. The trade was a 14.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,101,227 shares of company stock worth $114,969,050 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

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.