Alphabet Inc. $GOOG Shares Purchased by Circle Wealth Management LLC

Key Points

• Circle Wealth Management raised its stake in Alphabet by 10.9% in Q3 to 76,483 shares (worth $18.63M), making the stock 0.4% of its portfolio and its 26th-largest holding.
• Alphabet completed the ~ $32B acquisition of Wiz, added its Gemini AI model to Google Maps, and monetized its fiber asset via a GFiber–Astound deal with Stonepeak, moves that strengthen cloud/security, AI product differentiation, and reduce future capex exposure.
• Analysts maintain a consensus "Buy" (average price target $345.71); Alphabet beat Q4 estimates (EPS $2.82 vs $2.59, revenue $113.83B, +18% YoY) and announced a $0.21 quarterly dividend.

Circle Wealth Management LLC raised its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 10.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 76,483 shares of the information services provider's stock after acquiring an additional 7,539 shares during the quarter. Alphabet makes up 0.4% of Circle Wealth Management LLC's portfolio, making the stock its 26th biggest holding. Circle Wealth Management LLC's holdings in Alphabet were worth $18,627,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in GOOG. University of Illinois Foundation purchased a new stake in Alphabet during the 2nd quarter worth about $31,000. Imprint Wealth LLC purchased a new position in Alphabet in the 3rd quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new position in Alphabet in the 3rd quarter valued at about $32,000. Tripletail Wealth Management LLC acquired a new stake in shares of Alphabet during the 3rd quarter worth about $40,000. Finally, Retirement Wealth Solutions LLC boosted its stake 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 during the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: GFiber is combining with Astound Broadband with Stonepeak as majority owner while Alphabet keeps a minority stake — this monetizes Google’s fiber asset, reduces future capex burden and leaves Alphabet with upside exposure to a larger independent broadband operator. Alphabet Inc. (GOOGL)’s Expanding Horizons: AI, Cloud, and Broadband Growth
• Positive Sentiment: Gemini AI is being added to Google Maps via “Ask Maps,” increasing product differentiation and engagement across a high-traffic app — a direct example of AI driving user value and monetization opportunities. Google (GOOGL) Adds Its Gemini AI Model to Google Maps to Allow More Detailed Questions
• Positive Sentiment: Google completed the acquisition of Wiz (~$32B), strengthening cloud security offerings — a strategic tuck-in that can help win larger enterprise cloud deals and justify higher cloud multiple over time. Google Just Closed Its $32 Billion Wiz Deal. How Should You Play GOOGL Stock Here?
• Positive Sentiment: Google changed Android billing rules, cut developer fees and resolved the Epic/Fortnite dispute — removing a legal overhang and improving developer economics for Play Store, which supports long-term app revenue resilience. Google (GOOGL) App Store Brings Back Fortnite, Changes Fee Structure
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive — recent coverage highlights strong Q4 results, cash-rich balance sheet and a consensus “Buy” tilt with several elevated price targets. This underpins medium-term investor confidence. Alphabet Q4: A Fairly Valued Tech Titan To Buy Now
• Neutral Sentiment: Social and options flow show heightened bullish conviction around Gemini and cloud, but this is sentiment-driven and can amplify short-term volatility rather than change fundamentals. Alphabet Stock (GOOG) Opinions on Gemini AI Advancements
• Neutral Sentiment: Recent short-interest data in feeds appears noisy/invalid and does not signal a meaningful squeeze or covering dynamic at present.
• Negative Sentiment: U.K. regulator warnings on protecting children online increase the risk of tighter rules and compliance costs for big tech — a regulatory backdrop that could pressure valuations if enforcement or new rules accelerate. Big tech given warning - and deadline - by UK regulator

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GOOG. KeyCorp set a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Pivotal Research reissued a "buy" rating and set a $420.00 price objective (up from $400.00) on shares of Alphabet in a research note on Thursday, February 5th. Raymond James Financial upgraded shares of Alphabet from an "outperform" rating to a "strong-buy" rating and raised their target price for the stock from $315.00 to $400.00 in a research report on Thursday, January 22nd. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $345.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Finally, UBS Group reiterated a "neutral" rating and issued a $348.00 price target (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $345.71.

Alphabet Trading Down 0.6%

NASDAQ GOOG opened at $301.46 on Friday. The company has a market cap of $3.65 trillion, a P/E ratio of 27.89, a P/E/G ratio of 1.76 and a beta of 1.10. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The company has a 50-day moving average of $319.36 and a 200-day moving average of $290.32.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period last year, the company earned $2.15 earnings per share. The company's quarterly revenue was up 18.0% on a year-over-year basis. As a group, equities analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet's dividend payout ratio (DPR) is 7.77%.

Insider Activity at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares of the company's stock, valued at $720,914,730.12. The trade was a 1.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Amie Thuener O'toole sold 2,778 shares of the company's stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares of the company's stock, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,112,493 shares of company stock worth $118,605,094 in the last 90 days. Company insiders own 12.99% of the company's stock.

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.

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