Spire Wealth Management Acquires 4,776 Shares of Alphabet Inc. $GOOG

Spire Wealth Management boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 93,254 shares of the information services provider’s stock after acquiring an additional 4,776 shares during the quarter. Alphabet accounts for 0.8% of Spire Wealth Management’s portfolio, making the stock its 25th biggest holding. Spire Wealth Management’s holdings in Alphabet were worth $22,712,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of GOOG. Brighton Jones LLC raised its stake in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after acquiring an additional 6,410 shares in the last quarter. Legacy Private Trust Co. increased its holdings in Alphabet by 0.6% during the 2nd quarter. Legacy Private Trust Co. now owns 9,956 shares of the information services provider’s stock worth $1,766,000 after purchasing an additional 60 shares during the period. Persium Advisors LLC increased its holdings in Alphabet by 27.8% during the 2nd quarter. Persium Advisors LLC now owns 1,712 shares of the information services provider’s stock worth $304,000 after purchasing an additional 372 shares during the period. Granite Bay Wealth Management LLC raised its position in Alphabet by 9.6% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 38,715 shares of the information services provider’s stock valued at $6,868,000 after purchasing an additional 3,391 shares in the last quarter. Finally, Atlas Brown Inc. lifted its holdings in shares of Alphabet by 1.6% in the 2nd quarter. Atlas Brown Inc. now owns 21,219 shares of the information services provider’s stock worth $3,764,000 after buying an additional 331 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple chose Google’s Gemini to power next‑generation Siri, creating a multi‑year licensing relationship that provides Google a large, high‑margin cloud customer and distribution into ~2bn Apple devices—an immediate revenue and strategic moat boost. Google and Apple enter into multi-year AI deal for Gemini models
• Positive Sentiment: Market optimism around AI and stronger cloud execution pushed Alphabet into the $4 trillion valuation club, reinforcing investor confidence that Gemini and Google Cloud can materially reshape growth and margins. Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
• Positive Sentiment: Analysts and sell‑side shops are raising targets and reiterating the bull case (TD Cowen raised its target to $355 and Jefferies highlighted the company’s data moat and cloud upside), supporting near‑term buy interest. TD Cowen raises price target Jefferies: data moat & cloud growth
• Neutral Sentiment: Market positioning and option flows show some traders view GOOG as still relatively undervalued to analyst targets; short‑dated put selling has been productive, which can moderate volatility but also signals crowded bullish positioning. Put yields and undervaluation note
• Neutral Sentiment: Alphabet plans to develop and manufacture high‑end smartphones in Vietnam this year—a strategic supply‑chain/production move that diversifies hardware execution but is not an immediate earnings driver. Google to develop, manufacture phones in Vietnam
• Negative Sentiment: Some investors and analysts warn valuation is stretched after a strong 2025 rally; several notes have shifted from “strong buy” to “buy” citing compressed upside and that much of the AI upside may already be priced in. Seeking Alpha: downgrade to Buy on valuation
• Negative Sentiment: Some funds trimmed GOOGL holdings in recent filings (reported reductions by a few managers), which could add selling pressure if larger managers follow suit; public criticism from industry figures (e.g., Elon Musk) adds headline noise but is unlikely to change fundamentals. Fund filing: Davenport trims GOOGL Musk criticizes Apple‑Google deal

Wall Street Analyst Weigh In

Several brokerages have recently commented on GOOG. UBS Group restated a “neutral” rating on shares of Alphabet in a research note on Thursday, October 30th. Hsbc Global Res upgraded shares of Alphabet to a “strong-buy” rating in a report on Tuesday, October 7th. Scotiabank reaffirmed an “outperform” rating and issued a $375.00 price target (up previously from $336.00) on shares of Alphabet in a research report on Friday. Wolfe Research increased their price objective on shares of Alphabet from $290.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Finally, Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 7th. Seven research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average target price of $318.36.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $336.43 on Wednesday. The business has a 50-day simple moving average of $309.04 and a two-hundred day simple moving average of $252.82. The company has a market cap of $4.06 trillion, a PE ratio of 33.18, a P/E/G ratio of 1.84 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $341.20.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The business had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Alphabet’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.12 EPS. As a group, equities analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Insider Activity at Alphabet

In related news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the sale, the insider owned 42,972 shares in the company, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 192,087 shares of company stock worth $58,525,556 in the last quarter. 12.99% of the stock is owned by insiders.

Alphabet Company 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.