Envestnet Asset Management Inc. Acquires 13,466 Shares of Alphabet Inc. $GOOG

Envestnet Asset Management Inc. raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 0.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 6,225,962 shares of the information services provider’s stock after acquiring an additional 13,466 shares during the period. Envestnet Asset Management Inc.’s holdings in Alphabet were worth $1,516,333,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of GOOG. Tradewinds LLC. increased its position in shares of Alphabet by 2,134.8% in the third quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock valued at $10,984,000 after acquiring an additional 43,080 shares during the period. Atlantic Union Bankshares Corp grew its stake in shares of Alphabet by 31.3% in the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after purchasing an additional 84,553 shares during the last quarter. Bleakley Financial Group LLC increased its holdings in Alphabet by 1.4% during the 2nd quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock valued at $30,160,000 after purchasing an additional 2,304 shares during the period. CWA Asset Management Group LLC raised its position in Alphabet by 2.2% during the 3rd quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock valued at $38,272,000 after purchasing an additional 3,444 shares during the last quarter. Finally, American National Bank of Texas purchased a new stake in Alphabet in the 3rd quarter worth approximately $900,000. 27.26% of the stock is owned by institutional investors.

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the sale, the chief executive officer directly owned 2,179,372 shares of the company’s stock, valued at approximately $730,481,906.96. This represents a 1.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $340.00, for a total transaction of $34,680.00. Following the completion of the transaction, the director directly owned 18,307 shares of the company’s stock, valued at $6,224,380. This trade represents a 0.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,070,464 shares of company stock valued at $106,153,077. 12.99% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on GOOG shares. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $370.00 price objective on shares of Alphabet in a research report on Tuesday, January 20th. Guggenheim reaffirmed a “buy” rating and issued a $375.00 target price on shares of Alphabet in a research report on Monday, December 1st. Wedbush reiterated an “outperform” rating and set a $370.00 price target on shares of Alphabet in a research report on Thursday. Finally, Piper Sandler restated an “overweight” rating and issued a $395.00 price objective on shares of Alphabet in a report on Thursday. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $343.47.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and Cloud strength — Alphabet’s Q4 results and analyst takeaways highlighted robust revenue, a fast‑growing Google Cloud (high revenue and margin expansion) and bullish analyst upgrades, reinforcing growth expectations. Alphabet Q4 Takeaway: Doubling Down On Cloud And AI Investments Should Pay Off
• Positive Sentiment: Big bond raise to fund AI buildout — Alphabet is tapping the U.S. high‑grade bond market (reported plan ~ $15B) to fund AI infrastructure and capex, which investors view as backing for long‑term AI monetization. Alphabet’s debt raise fuels forecasts for record year in corporate bond sales
• Positive Sentiment: Legal win limits damages — A court ruling trimmed a previously reported $2.36B penalty tied to past data‑collection practices, reducing near‑term legal overhang. Alphabet (GOOGL)’s Legal Ruling Limits Damages, Analysts Remain Constructive
• Positive Sentiment: Waymo autonomous expansion — Waymo announced fully autonomous operations in Nashville, a concrete execution step for its robotaxi business that supports long‑term service/monetization upside. Waymo goes fully autonomous in Nashville
• Positive Sentiment: Long‑term power deal for data centers — TotalEnergies signed long‑term solar supply pacts to power Google’s Texas data centers, helping secure lower‑cost, sustainable power for AI compute growth. TotalEnergies to provide solar power to Google’s Texas data centres
• Neutral Sentiment: Management flags AI risks even as it raises debt — Alphabet added new AI‑related risk disclosures (including potential ad impacts and long‑duration commercial contracts) in annual filings; investors are parsing how these qualitative risks map to longer‑term revenue/cost outcomes. Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
• Negative Sentiment: New trademark lawsuit over AI video tools — Autodesk sued Google alleging trademark infringement around AI video software branding, adding another legal distraction with unclear but potentially incremental costs. Google sued by Autodesk over AI-powered movie-making software
• Negative Sentiment: Insider selling headlines — Recent disclosure of CEO and other insider stock sales adds a near‑term headline risk that some traders watch, though such sales have been frequent historically. Insider Selling: Alphabet (NASDAQ:GOOG) CEO Sells $10,893,350.00 in Stock

Alphabet Trading Up 0.4%

Shares of NASDAQ GOOG opened at $324.40 on Tuesday. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15. The stock has a market cap of $3.91 trillion, a P/E ratio of 30.01, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10. The firm has a 50-day moving average of $322.51 and a 200 day moving average of $272.87. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $111.24 billion. During the same quarter in the prior year, the company earned $2.15 earnings per share. The business’s revenue was up 18.0% compared to the same quarter last year. As a group, sell-side analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s payout ratio is 7.77%.

Alphabet 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.