Certuity LLC Has $193.61 Million Stake in Alphabet Inc. $GOOG

Key Points

• Certuity LLC boosted its stake in Alphabet by 2,457.8% to 794,932 shares worth about $193.61 million, representing roughly 9.5% of Certuity’s portfolio and making Alphabet its second‑largest holding.
• Alphabet completed a $32 billion acquisition of cybersecurity firm Wiz and is expanding its Gemini AI across Maps and Workspace, moves that could accelerate cloud/ad monetization but raise near‑term cash outlay and integration risk.
• Alphabet beat the quarter with EPS $2.82 (vs. $2.59 est.) and revenue of $113.83 billion (+18% YoY), and announced a quarterly dividend of $0.21 per share (annualized $0.84, ~0.3% yield).

Certuity LLC boosted its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 2,457.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 794,932 shares of the information services provider's stock after buying an additional 763,853 shares during the period. Alphabet accounts for approximately 9.5% of Certuity LLC's investment portfolio, making the stock its 2nd largest holding. Certuity LLC's holdings in Alphabet were worth $193,606,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Knuff & Co LLC grew its holdings in Alphabet by 0.9% in the 3rd quarter. Knuff & Co LLC now owns 40,425 shares of the information services provider's stock worth $9,846,000 after buying an additional 375 shares in the last quarter. Betterment LLC raised its stake in Alphabet by 9.4% during the 3rd quarter. Betterment LLC now owns 6,897 shares of the information services provider's stock valued at $1,680,000 after acquiring an additional 593 shares in the last quarter. Acorns Advisers LLC raised its stake in Alphabet by 5.0% during the 3rd quarter. Acorns Advisers LLC now owns 8,394 shares of the information services provider's stock valued at $2,044,000 after acquiring an additional 397 shares in the last quarter. Keystone Financial Services boosted its position in Alphabet by 3.9% during the 3rd quarter. Keystone Financial Services now owns 10,912 shares of the information services provider's stock worth $2,658,000 after acquiring an additional 407 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Alphabet by 3.6% in the third quarter. Invesco Ltd. now owns 21,531,348 shares of the information services provider's stock worth $5,243,960,000 after purchasing an additional 756,602 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet closed its largest‑ever acquisition, buying cybersecurity firm Wiz for $32 billion — a move that strengthens Google Cloud’s security offering and could help accelerate enterprise cloud adoption. Google completes $32B acquisition of Wiz
• Positive Sentiment: Alphabet continues to monetize AI across products: Gemini is being added to Google Maps (“Ask Maps”) and Workspace (Docs/Sheets/Slides/Drive), which can drive engagement and incremental ad/cloud revenue over time. Google Adds Gemini AI to Google Maps
• Positive Sentiment: Google cut Android developer fees and expanded billing options, resolving a long dispute with Epic and enabling Fortnite’s return to the Play Store — a signal that policy changes may improve Play Store monetization and developer relations. Google App Store Brings Back Fortnite, Changes Fee Structure
• Neutral Sentiment: Alphabet is combining its GFiber unit with Astound Broadband, retaining a minority stake while Stonepeak becomes majority owner — this monetizes a capital‑intensive asset but limits future control/returns. Google sells partial stake in fiber business
• Neutral Sentiment: Analyst and institutional backdrop remains supportive: multiple upgrades, a large buy consensus and continued inflows help underpin the longer‑term case even as the stock retraces; MarketBeat/analysis note $300 area as key technical support. Alphabet pullback and analyst coverage
• Neutral Sentiment: Short‑interest reports in recent feeds show zero or inconsistent figures (likely data anomalies), so don’t read too much into the reported “spike” — short interest appears not to be a driver today.
• Negative Sentiment: Regulatory and legal risks: UK regulator pressure to protect children online and ongoing AI‑related legal/competitive noise (lawsuits mentioned around Gemini) add headline risk that can pressure multiples for large tech names. Big tech warned to protect children online
• Negative Sentiment: Sizeable cash outlay for Wiz and heightened competition from other AI/cloud players mean investors may be cautious about near‑term free‑cash flow and integration risk despite strategic rationale. Google completes $32B purchase of Wiz

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GOOG. UBS Group reissued a "neutral" rating and set a $348.00 price target (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. DA Davidson set a $300.00 price objective on shares of Alphabet in a report on Tuesday, November 25th. Wedbush reiterated an "outperform" rating and issued a $370.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Piper Sandler reissued an "overweight" rating and set a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Finally, TD Cowen restated a "buy" rating and set a $365.00 price target (up from $355.00) 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 assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $343.90.

Alphabet Trading Down 1.7%

Shares of Alphabet stock opened at $303.21 on Friday. 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 has a market cap of $3.67 trillion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 1.81 and a beta of 1.10. The business has a fifty day simple moving average of $319.64 and a 200-day simple moving average of $289.11. 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 released its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the company earned $2.15 earnings per share. Alphabet's revenue was up 18.0% compared to the same quarter last year. On average, equities analysts forecast that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be given a dividend of $0.21 per share. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio (DPR) is 7.77%.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of the firm's stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the transaction, the chief executive officer owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. This trade represents a 1.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 2,112,493 shares of company stock worth $118,605,094. 12.99% of the stock is currently owned by company insiders.

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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