C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 31.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,402 shares of the information services provider's stock after selling 4,718 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors' holdings in Alphabet were worth $3,264,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of the company. Trust Co. of Toledo NA OH raised its position in Alphabet by 1.0% during the 4th quarter. Trust Co. of Toledo NA OH now owns 49,833 shares of the information services provider's stock worth $15,638,000 after buying an additional 472 shares during the last quarter. Prospera Capital Management LLC raised its position in Alphabet by 34.3% during the 4th quarter. Prospera Capital Management LLC now owns 3,816 shares of the information services provider's stock worth $1,197,000 after buying an additional 975 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in Alphabet by 4,178.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 8,900 shares of the information services provider's stock worth $2,793,000 after buying an additional 8,692 shares during the last quarter. Sullivan Wood Capital Management LLC raised its position in Alphabet by 9.4% during the 4th quarter. Sullivan Wood Capital Management LLC now owns 12,862 shares of the information services provider's stock worth $4,036,000 after buying an additional 1,100 shares during the last quarter. Finally, YANKCOM Partnership raised its position in Alphabet by 10.5% during the 4th quarter. YANKCOM Partnership now owns 5,595 shares of the information services provider's stock worth $1,756,000 after buying an additional 530 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. Royal Bank Of Canada restated an "outperform" rating and set a $375.00 price objective on shares of Alphabet in a research report on Thursday, January 15th. Oppenheimer restated an "outperform" rating and set a $360.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. KeyCorp set a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Citigroup restated a "market outperform" rating on shares of Alphabet in a research report on Wednesday, December 17th. Finally, UBS Group restated a "neutral" rating and set a $348.00 price objective (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, Alphabet has a consensus rating of "Buy" and a consensus target price of $345.71.
Check Out Our Latest Analysis on GOOG
Insiders Place Their Bets
In related news, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the sale, the insider directly owned 13,227 shares of the company's stock, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the completion of the sale, the chief executive officer directly owned 2,211,872 shares in the company, valued at approximately $723,945,705.60. The trade was a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 2,069,344 shares of company stock worth $104,708,426. Insiders own 12.99% of the company's stock.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Expanded AI infrastructure partnerships — Google deepened multi-year deals with Intel (and broader TPU/partner deals with Broadcom/Anthropic), locking in multi‑generation chips and networking supply for its AI data centers, which supports Google Cloud capacity, cost control and enterprise AI revenue. Google and Intel deepen AI infrastructure partnership
- Positive Sentiment: Broadcom/Broad AI supply visibility — reports show renewed long‑term TPU/networking agreements tying Broadcom to Google and Anthropic, reinforcing Alphabet’s access to custom AI compute and signaling durable infrastructure demand. Broadcom Locks in Multi-Year AI Wins With Google and Anthropic
- Positive Sentiment: Google Cloud momentum — multiple writeups highlight ~50% cloud growth, a $240B cloud backlog and stronger monetization via Gemini/TPUs, underscoring a durable, high‑margin growth engine for Alphabet. Forget Google Search: This Business Is Alphabet's Real Growth Story
- Positive Sentiment: Product and commercialization wins — new privacy/cookie protection features and consumer AI rollouts (Google Finance overhaul, Waymo geographic expansion, Wing drone moves) keep multiple monetization levers active for ads, cloud and emerging businesses. Google Stock (GOOGL) Is Soaring. It’s Taking Cookies Seriously Again
- Neutral Sentiment: Analyst activity is mixed — some firms (e.g., William O’Neil) reinstated Buy coverage highlighting long‑term optionality (Waymo, AI), while other market notes simply group GOOGL among Magnificent Seven buy opportunities tied to broader rotation. William O’Neil Reinstates Alphabet With a Buy
- Negative Sentiment: Valuation and margin concerns — some analysts rate Alphabet as a Hold, arguing the stock already prices near‑perfect execution (forward PEG elevated vs. peers) and noting near‑term margin compression risks despite strong fundamentals. Alphabet Stock Defies AI's Gravity
- Negative Sentiment: Portfolio rebalancing / sales — reports of funds trimming or selling (e.g., TCW fund) over valuation criteria show pockets of supply that could pressure near‑term trading despite the positive newsflow. TCW Fund Sold Alphabet After Meeting Valuation Characteristics
Alphabet Stock Performance
Shares of GOOG opened at $316.37 on Friday. The company has a 50-day simple moving average of $306.78 and a 200-day simple moving average of $298.16. 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 company has a market capitalization of $3.83 trillion, a PE ratio of 29.27, a P/E/G ratio of 1.95 and a beta of 1.13. Alphabet Inc. has a 52-week low of $148.40 and a 52-week high of $350.15.
Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.59 by $0.23. The business had revenue of $113.83 billion during 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 business's revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.15 EPS. Equities research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.
Alphabet Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were 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 was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is currently 7.77%.
About Alphabet
(
Free Report)
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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