Spartan Planning & Wealth Management Buys 3,512 Shares of Alphabet Inc. $GOOG

Spartan Planning & Wealth Management increased its stake in Alphabet Inc. (NASDAQ:GOOG) by 78.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,001 shares of the information services provider’s stock after buying an additional 3,512 shares during the period. Alphabet accounts for about 1.5% of Spartan Planning & Wealth Management’s portfolio, making the stock its 17th largest position. Spartan Planning & Wealth Management’s holdings in Alphabet were worth $1,949,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GOOG. Kingstone Capital Partners Texas LLC raised its stake in shares of Alphabet by 580,897.4% during the second quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock valued at $23,963,208,000 after acquiring an additional 135,064,454 shares in the last quarter. Norges Bank bought a new position in Alphabet in the second quarter worth approximately $4,298,572,000. Vanguard Group Inc. increased its holdings in Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares during the period. Assenagon Asset Management S.A. raised its position in Alphabet by 73.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock valued at $2,388,775,000 after purchasing an additional 4,154,929 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in Alphabet by 17,547.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock valued at $731,331,000 after purchasing an additional 4,099,366 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Alphabet Stock Down 0.1%

NASDAQ:GOOG opened at $315.47 on Thursday. The company’s 50-day simple moving average is $293.83 and its 200-day simple moving average is $238.02. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $328.67. The stock has a market capitalization of $3.81 trillion, a P/E ratio of 31.11, a P/E/G ratio of 1.82 and a beta of 1.07.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Alphabet’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.12 earnings per share. On average, equities analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were issued 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 was Monday, December 8th. Alphabet’s dividend payout ratio is currently 8.28%.

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. This trade represents a 23.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $299.80, for a total value of $9,743,500.00. Following the sale, the chief executive officer owned 2,239,619 shares in the company, valued at $671,437,776.20. The trade was a 1.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 228,906 shares of company stock worth $63,984,117 over the last quarter. Company insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Cowen restated a “buy” rating on shares of Alphabet in a research note on Friday, December 12th. TD Cowen increased their target price on shares of Alphabet from $335.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Scotiabank set a $336.00 target price on shares of Alphabet and gave the company a “sector outperform” rating in a research report on Thursday, October 30th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $330.00 price target on shares of Alphabet in a research report on Thursday, October 30th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $340.00 price objective on shares of Alphabet in a research note on Thursday, October 30th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $313.04.

Key Stores Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to buy Intersect Power for roughly $4.75B to secure clean energy and data‑center build capacity — a strategic, near‑term solution to power constraints for AI workloads that supports faster cloud/AI deployments and reduces execution risk on capacity. Intersect acquisition
• Positive Sentiment: Google Cloud momentum: analysts and reports point to strong enterprise AI demand, a large backlog (~$155B reported) and major security deals (multi‑year Palo Alto tie‑ups) that underpin durable revenue and margin upside for the cloud business. Google Cloud outlook
• Neutral Sentiment: Market/analyst positioning: several firms reiterated or raised targets and ratings (BMO, Citi, others), and MarketBeat frames the recent pullback as consolidation not trend breakdown — supports longer‑term investor conviction but is less likely to trigger sharp moves absent new fundamentals. Analyst sentiment & pullback
• Neutral Sentiment: Nvidia licensed Groq tech and hired Groq engineers — important for AI chip competition and infra dynamics but only an indirect/medium‑term factor for Alphabet (affects cloud GPU/TPU competitive landscape). Nvidia-Groq deal
• Negative Sentiment: Waymo operational issue: a San Francisco power outage stalled robotaxis, prompting fleetwide software updates and a regulator review — a reputational and regulatory risk that could slow commercialization timelines or invite oversight. Waymo outage & response
• Negative Sentiment: Short interest has risen materially in December (roughly +34.8% from late November to ~56.15M shares as of Dec. 15), which increases downside pressure and could amplify volatility on negative headlines or weak tape days.
• Negative Sentiment: Legal risk: a high‑profile suit alleges unlawful use of copyrighted material to train AI models (plaintiff includes NYT reporter John Carreyrou) — a sector‑wide legal exposure that could produce litigation costs or constraints on model training practices. NYT reporter lawsuit

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.