Sax Wealth Advisors LLC boosted its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 105.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,656 shares of the information services provider’s stock after buying an additional 32,167 shares during the period. Sax Wealth Advisors LLC’s holdings in Alphabet were worth $21,349,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in GOOG. Providence Wealth Advisors LLC grew its stake in shares of Alphabet by 0.3% in the first quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider’s stock valued at $3,094,000 after buying an additional 29 shares in the last quarter. One Charles Private Wealth Services LLC lifted its holdings in Alphabet by 0.6% during the 1st quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider’s stock worth $1,390,000 after buying an additional 29 shares in the last quarter. Wisconsin Wealth Advisors LLC raised its stake in shares of Alphabet by 1.3% in the second quarter. Wisconsin Wealth Advisors LLC now owns 2,223 shares of the information services provider’s stock valued at $785,000 after acquiring an additional 29 shares in the last quarter. Cypress Financial Planning LLC increased its holdings in Alphabet by 1.3% during the 3rd quarter. Cypress Financial Planning LLC now owns 2,198 shares of the information services provider’s stock worth $749,000 after purchasing an additional 29 shares during the period. Finally, Financial Enhancement Group LLC grew its position in shares of Alphabet by 2.3% during the first quarter. Financial Enhancement Group LLC now owns 1,323 shares of the information services provider’s stock worth $380,000 after buying an additional 30 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.
Alphabet Price Performance
Shares of Alphabet stock traded up $2.20 during trading on Tuesday, reaching $351.17. The company’s stock had a trading volume of 6,625,395 shares, compared to its average volume of 20,267,057. The company has a market capitalization of $4.29 trillion, a P/E ratio of 17.63, a price-to-earnings-growth ratio of 1.01 and a beta of 1.19. Alphabet Inc. has a 12-month low of $241.18 and a 12-month high of $404.47. The business has a 50 day moving average price of $342.49 and a 200-day moving average price of $347.52. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.
Alphabet Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet’s payout ratio is presently 4.42%.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet’s cloud business remains a key bullish theme. Reports highlighted a roughly $514 billion cloud backlog, rapid Google Cloud growth, and increasing demand for AI infrastructure. Comparisons with Amazon suggest Alphabet may be converting substantial data-center investment into growth at an accelerating pace. Between Amazon and Alphabet One’s Gotten Much More Bang for Their 200 Billion Bucks
- Positive Sentiment: Analysts continue to identify upside potential in Alphabet, citing its dominant search ecosystem, expanding cloud operations, AI Mode adoption and long-term earnings outlook. Erste Group modestly raised its FY2027 EPS forecast to $15.01 from $14.99. Why Google Offers Asymmetric Upside Potential
- Positive Sentiment: Alphabet’s agreement with Constellation Energy to secure approximately 3.6 gigawatts of nuclear power supports the company’s ability to meet rising electricity needs from AI data centers and could improve long-term infrastructure reliability. Nuclear ETFs in Spotlight as Google and Constellation Sign 3.6 GW Deal
- Positive Sentiment: New consumer-health initiatives, including partnerships with Flo Health and Function Health and the launch of the $180 Fitbit Edge, expand Alphabet’s health, wearable and engagement opportunities beyond core advertising. Fitbit Edge is Google’s Middle Ground Between Fitbit Air and Pixel Watch
- Neutral Sentiment: Multiple law firms publicized a securities class action involving investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege Alphabet misrepresented delays involving its Gemini 3.5 Pro AI model; the claims have not been adjudicated. The lead-plaintiff deadline is in late November or December, depending on the notice. Kaplan Fox Alphabet Securities Class Action Notice
- Negative Sentiment: Some analysis cautioned that Alphabet’s recent EPS strength included substantial paper gains, while data-center capital spending exceeded operating cash generation in the quarter. That raises questions about near-term free cash flow and returns on AI investment. Is Alphabet’s Cloud Growth Masking a Paper EPS Gain?
Analyst Ratings Changes
A number of brokerages have recently weighed in on GOOG. BMO Capital Markets raised their price objective on shares of Alphabet from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Stifel Nicolaus set a $485.00 price objective on shares of Alphabet in a research report on Thursday, October 8th. Jefferies Financial Group reissued a “buy” rating on shares of Alphabet in a research report on Monday, August 3rd. China Renaissance cut their target price on Alphabet from $485.00 to $445.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Finally, Wolfe Research reissued an “outperform” rating on shares of Alphabet in a report on Thursday, August 27th. Six analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus target price of $421.95.
Read Our Latest Stock Report on GOOG
Insider Transactions at Alphabet
In other Alphabet news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 441,399 shares of company stock worth $8,677,053 over the last quarter. 12.99% of the stock is currently owned by insiders.
Alphabet Profile
Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.
Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.
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