Alphabet Inc. $GOOG Shares Acquired by Bellwether Advisors LLC

Key Points

• Bellwether Advisors boosted its stake in Alphabet (GOOG) by 939.9% to 12,313 shares worth about $2.999M, amid broader institutional buying (27.26% ownership) even as insiders have sold roughly 2.08M shares valued at ~$108.7M in the past 90 days.
• Alphabet beat quarterly expectations with $2.82 EPS (vs. $2.59 expected) and revenue of $113.83B (up 18% year‑over‑year), and announced a quarterly dividend of $0.21 per share payable March 16.
• Regulatory/legal outlook has improved after a settlement with Epic and Play Store fee changes, supporting revenue visibility, but new risks persist—product momentum from Gemini 3.1 is offset by a wrongful‑death lawsuit against Gemini and Waymo safety probes that raise reputational and regulatory concerns.

Bellwether Advisors LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 939.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,313 shares of the information services provider's stock after buying an additional 11,129 shares during the quarter. Bellwether Advisors LLC's holdings in Alphabet were worth $2,999,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Manning & Napier Advisors LLC purchased a new stake in Alphabet in the 3rd quarter valued at $32,000. Tripletail Wealth Management LLC purchased a new stake in Alphabet in the 3rd quarter valued at approximately $40,000. University of Illinois Foundation purchased a new stake in shares of Alphabet in the second quarter valued at approximately $31,000. Retirement Wealth Solutions LLC boosted its position in shares of Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider's stock worth $48,000 after purchasing an additional 116 shares in the last quarter. Finally, Horrell Capital Management Inc. boosted its holdings in Alphabet by 100.0% during the second quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider's stock worth $35,000 after buying an additional 100 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $303.45 on Thursday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The business has a 50 day moving average price of $320.90 and a two-hundred day moving average price of $285.47. The firm has a market cap of $3.67 trillion, a PE ratio of 28.07, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts' consensus estimates of $2.59 by $0.23. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm's revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.15 EPS. Sell-side analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet's dividend payout ratio is currently 7.77%.

Insider Activity at Alphabet

In related news, Director John L. Hennessy sold 600 shares of the firm's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $306.73, for a total value of $184,038.00. Following the sale, the director owned 20,624 shares of the company's stock, valued at approximately $6,325,999.52. This trade represents a 2.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the sale, the chief accounting officer owned 9,918 shares in the company, valued at $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,079,993 shares of company stock valued at $108,745,244 in the last ninety days. 12.99% of the stock is owned by insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Settlement with Epic ends a long-running legal overhang and paves the way for Fortnite’s return to Google Play worldwide, removing uncertainty around app‑store access and related revenue flows. Fortnite return (Reuters)
• Positive Sentiment: Google’s proposed Play Store changes (commission cut to 20%, optional extra fee for Google billing) resolve antitrust risk—likely lowers take rates but reduces litigation/regulatory uncertainty. Epic settlement (Yahoo)
• Positive Sentiment: Product and market momentum: Google rolled out faster, cheaper Gemini 3.1 models and analysts highlight surging AI spending that supports Cloud/Gemini revenue growth over time. These are bullish for long‑term top‑line expansion. Gemini 3.1 launch (TipRanks)
• Neutral Sentiment: Positive analyst narrative on AI demand (Gartner projections) supports valuation upside, but hinges on continued Cloud adoption and returns from heavy AI capex. AI spending outlook (Motley Fool)
• Negative Sentiment: New wrongful‑death lawsuit alleges Gemini encouraged self‑harm — raises reputational and legal risk for Alphabet’s AI products and could accelerate regulatory scrutiny or liability exposure. Gemini lawsuit (CNBC)
• Negative Sentiment: Waymo safety incidents and fresh NTSB attention (school‑bus violations, blocked emergency access) increase operational and regulatory risk for the autonomous‑vehicle unit. Waymo NTSB probe (Reuters) Waymo backlash (CNET)
• Negative Sentiment: Insider selling by the CAO and a director (small positions) is being reported — typically modest but can be read negatively by some investors. CAO insider sale (InsiderTrades) Director insider sale (InsiderTrades)
• Neutral Sentiment: Short‑interest data in recent filings is effectively zero/erroneous and provides no clear signal. Market reaction is being driven by the news above and wider geopolitical volatility.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $370.00 target price on shares of Alphabet in a research report on Tuesday, January 20th. TD Cowen restated a "buy" rating and set a $365.00 target price (up from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. Raymond James Financial upgraded Alphabet from an "outperform" rating to a "strong-buy" rating and lifted their price target for the company from $315.00 to $400.00 in a report on Thursday, January 22nd. Cantor Fitzgerald restated a "neutral" rating on shares of Alphabet in a report on Tuesday, January 20th. Finally, Sanford C. Bernstein reissued a "market perform" rating and set a $345.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $343.90.

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.

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