Alphabet Inc. $GOOG Holdings Increased by Trek Financial LLC

Trek Financial LLC grew its stake in Alphabet Inc. (NASDAQ:GOOG) by 8.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,441 shares of the information services provider’s stock after purchasing an additional 2,014 shares during the quarter. Trek Financial LLC’s holdings in Alphabet were worth $8,669,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in GOOG. True Freedom Investing LLC lifted its position in Alphabet by 0.9% in the 3rd quarter. True Freedom Investing LLC now owns 11,736 shares of the information services provider’s stock valued at $3,999,000 after acquiring an additional 101 shares in the last quarter. Hollow Brook Wealth Management LLC raised its holdings in shares of Alphabet by 3.0% in the third quarter. Hollow Brook Wealth Management LLC now owns 11,568 shares of the information services provider’s stock valued at $3,942,000 after purchasing an additional 333 shares during the last quarter. Traynor Capital Management Inc. lifted its position in shares of Alphabet by 1.2% in the third quarter. Traynor Capital Management Inc. now owns 64,253 shares of the information services provider’s stock worth $21,894,000 after purchasing an additional 740 shares in the last quarter. Dala Group LLC lifted its position in shares of Alphabet by 3.7% in the third quarter. Dala Group LLC now owns 5,727 shares of the information services provider’s stock worth $1,951,000 after purchasing an additional 206 shares in the last quarter. Finally, Walled Lake Planning & Wealth Management LLC lifted its position in shares of Alphabet by 18.8% in the third quarter. Walled Lake Planning & Wealth Management LLC now owns 4,823 shares of the information services provider’s stock worth $1,643,000 after purchasing an additional 764 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum: A venture-capital investor ranked Alphabet’s Gemini as the leading AI model, supporting optimism about the company’s ability to compete in AI and potentially attract usage and spending. Top VC: The Best AI Models Take “80% Plus” of Spend. And Alphabet’s Gemini Just Ranked No. 1
• Positive Sentiment: Long-term infrastructure growth: Google plans to invest $15 billion in Malaysia over two years to expand data-center capacity and support regional AI and cloud demand. The investment could help grow future revenue, though it adds to near-term capital needs. Google to Invest $15 Billion in Malaysia Over Two Years
• Neutral Sentiment: Election-driven rally: Reports attributed the rebound in Alphabet and other mega-cap technology shares to a broad post-election market rally. The result may have eased some near-term concern about data-center policy, although regulatory uncertainty remains. Why Alphabet Stock Popped on Wednesday
• Negative Sentiment: Heavy AI investment weighs on cash flow: Recent coverage highlighted declining free cash flow and rising infrastructure costs, tempering the growth story. Investors remain focused on whether cloud and AI returns will justify the spending. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
• Negative Sentiment: School Search policy backlash and litigation: Google’s plan tying school access to Search with AI settings drew criticism from politicians and prompted competing search services to target schools. Separately, a securities class action alleges investors were misled about Gemini 3.5 Pro’s progress; the claims are allegations, but add legal and reputational uncertainty. Google faces backlash for plan that would turn off Search for schools that restrict AI

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. DA Davidson lowered their price target on shares of Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a research note on Thursday, July 23rd. Tigress Financial increased their price objective on shares of Alphabet from $415.00 to $485.00 and gave the stock a “strong-buy” rating in a research note on Friday, September 18th. Zacks Research cut Alphabet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Stifel Nicolaus set a $485.00 target price on Alphabet in a research report on Thursday, October 8th. Finally, Benchmark reiterated a “buy” rating on shares of Alphabet in a report on Thursday, October 29th. Six analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $413.38.

Insider Transactions at Alphabet

In related 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 sale, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 247 shares of company stock worth $79,238 in the last 90 days. Corporate insiders own 12.99% of the company’s stock.

Alphabet Price Performance

NASDAQ:GOOG opened at $287.30 on Thursday. The stock has a market capitalization of $3.51 trillion, a PE ratio of 14.99, a P/E/G ratio of 0.84 and a beta of 1.21. Alphabet Inc. has a 1-year low of $271.41 and a 1-year high of $404.47. The firm has a fifty day simple moving average of $332.01 and a 200 day simple moving average of $337.44. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. During the same period in the previous year, the business earned $2.87 earnings per share. The business’s quarterly revenue was up 24.7% on a year-over-year basis. On average, research analysts expect that Alphabet Inc. will post 19.80 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s dividend payout ratio is presently 4.59%.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.