Alphabet Inc. $GOOG Stock Holdings Lowered by State of Alaska Department of Revenue

State of Alaska Department of Revenue lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 3.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 707,187 shares of the information services provider’s stock after selling 23,571 shares during the period. Alphabet makes up 1.8% of State of Alaska Department of Revenue’s holdings, making the stock its 8th biggest position. State of Alaska Department of Revenue’s holdings in Alphabet were worth $172,235,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GOOG. IFS Advisors LLC lifted its holdings in shares of Alphabet by 400.0% in the 2nd quarter. IFS Advisors LLC now owns 150 shares of the information services provider’s stock valued at $27,000 after buying an additional 120 shares during the period. Robbins Farley grew its holdings in Alphabet by 60.0% during the second quarter. Robbins Farley now owns 160 shares of the information services provider’s stock worth $28,000 after acquiring an additional 60 shares during the period. WestEnd Advisors LLC raised its position in Alphabet by 58.7% during the second quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider’s stock valued at $29,000 after acquiring an additional 61 shares in the last quarter. Fairman Group LLC lifted its holdings in Alphabet by 121.3% in the second quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock valued at $31,000 after acquiring an additional 97 shares during the period. Finally, University of Illinois Foundation acquired a new position in Alphabet in the second quarter valued at approximately $31,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major commercial validation — Apple has agreed to use Google’s Gemini as the foundation for the next generation of Siri, and MarketBeat highlights this as a primary catalyst behind Alphabet surpassing a $4 trillion market cap; analysts estimate meaningful licensing revenue and distribution upside. Alphabet Tops $4 Trillion Valuation as AI Momentum Runs Hot
• Positive Sentiment: Product progress — Google launched a Personal Intelligence feature and continues to integrate Gemini with other Google apps (and partners), moving Gemini toward a personalized assistant that can be monetized across search, cloud and device ecosystems. Google launches Personal Intelligence feature in Gemini app
• Positive Sentiment: Analyst/market momentum — Upgrades, bullish commentary (including high-profile bulls and Jim Cramer praise) and inclusion in “AI favorite” narratives are supporting sentiment and fund flows into GOOGL. Jim Cramer crowns Alphabet’s Gemini 3 a stock market home run
• Neutral Sentiment: Sector tailwinds — Industry forecasts project massive AI spending this year, which benefits hyperscalers like Alphabet but also raises capital/competitive intensity across cloud and GPU suppliers. This is broadly supportive but not uniquely bullish for GOOGL. AI Spending Forecast to Hit $2.53 Trillion This Year
• Negative Sentiment: Legal/regulatory risk — Major publishers have asked to join a class-action suit alleging Google used copyrighted material to train AI models; litigation or unfavorable rulings could increase compliance costs or constrain training data use. Publishers seek to join lawsuit against Google over AI training
• Negative Sentiment: Competition & geopolitical pressure — DeepMind’s CEO says Chinese models may be “months” behind but closing the gap; faster foreign advancements increase competitive pressure on margins and innovation lead. China just ‘months’ behind U.S. AI models, Google DeepMind CEO says
• Negative Sentiment: Operational headwinds — Google warns U.S. electrical transmission constraints are slowing data-center hookups; longer build timelines could limit near-term capacity expansion for cloud/AI workloads. Google says US transmission system is biggest challenge for connecting data centers

Alphabet Stock Performance

NASDAQ:GOOG opened at $333.16 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market capitalization of $4.02 trillion, a PE ratio of 32.86, a P/E/G ratio of 1.86 and a beta of 1.09. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $341.20. The company has a fifty day moving average of $311.03 and a two-hundred day moving average of $253.96.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. During the same quarter in the previous year, the company earned $2.12 earnings per share. The company’s quarterly revenue was up 15.9% on a year-over-year basis. 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, December 15th. Shareholders of record on Monday, December 8th 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, December 8th. Alphabet’s payout ratio is 8.28%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $365.00 price objective on shares of Alphabet in a research note on Monday, January 5th. Piper Sandler increased their price target on shares of Alphabet from $285.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Cowen restated a “buy” rating on shares of Alphabet in a research report on Tuesday. Oppenheimer upped their price objective on shares of Alphabet from $300.00 to $345.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Finally, Raymond James Financial set a $275.00 target price on shares of Alphabet and gave the stock an “outperform” rating in a research note on Friday, October 24th. Seven analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $320.31.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $319.50, for a total value of $10,383,750.00. Following the completion of the transaction, the chief executive officer directly owned 2,272,119 shares of the company’s stock, valued at approximately $725,942,020.50. This represents a 1.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $288.26, for a total value of $800,786.28. Following the completion of the transaction, the chief accounting officer owned 11,739 shares in the company, valued at $3,383,884.14. The trade was a 19.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 192,687 shares of company stock valued at $58,728,068 over the last quarter. 12.99% of the stock is currently 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.