Alphabet Inc. $GOOG Shares Purchased by HUB Investment Partners LLC

Key Points

• HUB Investment Partners LLC increased its stake in Alphabet by 30.0% in Q3, adding 19,951 shares to hold 86,347 shares valued at $21.03 million, roughly 0.7% of the fund and its 25th-largest holding.
• Insider selling was notable: 2017 Gp L.L.C. sold 1,845,308 shares for about $35.06 million, and insiders disposed of 2,112,493 shares totaling roughly $118.6 million in the last 90 days (insiders now own 12.99%).
• Financials and outlook: Alphabet beat Q4 estimates (EPS $2.82 vs $2.59; revenue $113.8B, +18% YoY), declared a $0.21 quarterly dividend (0.3% yield), and carries a consensus "Buy" rating with an average $343.90 price target.

HUB Investment Partners LLC raised its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 30.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 86,347 shares of the information services provider's stock after acquiring an additional 19,951 shares during the period. Alphabet makes up 0.7% of HUB Investment Partners LLC's investment portfolio, making the stock its 25th biggest holding. HUB Investment Partners LLC's holdings in Alphabet were worth $21,030,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Manning & Napier Advisors LLC acquired a new stake in shares of Alphabet during the third quarter worth $32,000. Tripletail Wealth Management LLC purchased a new position in Alphabet during the 3rd quarter worth $40,000. University of Illinois Foundation acquired a new stake in shares of Alphabet in the 2nd quarter worth $31,000. Retirement Wealth Solutions LLC boosted its holdings in shares of Alphabet by 145.0% in the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider's stock valued at $48,000 after acquiring an additional 116 shares in the last quarter. Finally, Horrell Capital Management Inc. boosted its holdings in shares of Alphabet by 100.0% in the second quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider's stock valued at $35,000 after acquiring an additional 100 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm's stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amie Thuener O'toole sold 2,778 shares of the firm's stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares in the company, valued at approximately $2,798,832.60. This trade represents a 23.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,112,493 shares of company stock valued at $118,605,094. 12.99% of the stock is owned by insiders.

Alphabet Price Performance

Alphabet stock opened at $298.30 on Friday. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15. 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 firm's 50-day simple moving average is $320.28 and its 200 day simple moving average is $286.82. The firm has a market capitalization of $3.61 trillion, a PE ratio of 27.59, a P/E/G ratio of 1.75 and a beta of 1.10.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, beating 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 firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same period last year, the firm posted $2.15 EPS. The firm's revenue for the quarter was up 18.0% on a year-over-year basis. On average, equities research analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

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 given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet's dividend payout ratio (DPR) is presently 7.77%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large enterprise/cloud wins and AI demand: Google Cloud deals (CVS health AI platform) and reported TPU leasing by Meta point to higher recurring cloud revenue and infrastructure utilization that support near‑term revenue growth. CVS taps Google Cloud Meta leases Google TPUs
• Positive Sentiment: Solid fundamentals/analyst support: Q4 results and earnings beats reinforce the “quality growth” narrative, and Bank of America’s reiterated Buy/$370 target keeps bull case intact. Q4 quality growth Bank of America maintains $370
• Neutral Sentiment: Anthropic access clarified: Google says Anthropic remains available for non‑defense uses after a DoD blacklist — this reduces near‑term disruption risk to customers but leaves policy uncertainty around defense contracts. Google on Anthropic availability
• Neutral Sentiment: Market narrative shifting: Analysts note GOOG’s strong 12‑month run has moved it from a “value” label to an execution/AI‑growth story — bullish if growth continues, but raises expectations. Forbes valuation piece
• Negative Sentiment: Geopolitical / physical risk to infrastructure: Reports that hyperscaler data centers are becoming military targets in the Iran war increase operational and security risk for cloud operations and potential outages. Data centers targeted
• Negative Sentiment: Regulatory/legal headwinds and fee cuts: The Epic Games settlement (lower Play Store commissions) and a high‑profile Gemini wrongful‑death lawsuit raise revenue/margin and liability concerns for consumer services. Play Store settlement Gemini lawsuit
• Negative Sentiment: Regulatory scrutiny on Waymo / AV safety and technical/short‑term chart pressure: NTSB/industry scrutiny of autonomous‑vehicle safety plus technical analysts calling a short thesis add to near‑term selling pressure. Waymo NTSB scrutiny Chart short thesis

Wall Street Analyst Weigh In

A number of brokerages recently commented on GOOG. Wells Fargo & Company upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 23rd. UBS Group reissued 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. Pivotal Research reiterated a "buy" rating and issued a $420.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research report on Wednesday, January 21st. Finally, TD Cowen reiterated a "buy" rating and issued a $365.00 price objective (up from $355.00) on shares of Alphabet in a research note on Thursday, February 5th. Nine research 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's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus 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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