Regent Peak Wealth Advisors LLC Invests $4.50 Million in Alphabet Inc. $GOOG

Regent Peak Wealth Advisors LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOG) during the 3rd quarter, HoldingsChannel reports. The firm bought 18,478 shares of the information services provider’s stock, valued at approximately $4,500,000. Alphabet accounts for 0.9% of Regent Peak Wealth Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other large investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC raised its holdings in Alphabet by 580,897.4% in the 2nd 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 during the last quarter. Norges Bank purchased a new stake in shares of Alphabet during the 2nd quarter valued at approximately $4,298,572,000. Vanguard Group Inc. lifted its holdings in Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock valued at $73,927,821,000 after acquiring an additional 5,182,111 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Alphabet by 73.5% in the third quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock worth $2,388,775,000 after acquiring an additional 4,154,929 shares during the period. Finally, Laurel Wealth Advisors LLC increased its stake in Alphabet by 17,547.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock worth $731,331,000 after acquiring an additional 4,099,366 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Stock Performance

NASDAQ GOOG opened at $314.39 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market cap of $3.79 trillion, a P/E ratio of 31.00, a P/E/G ratio of 1.81 and a beta of 1.07. The stock has a 50-day moving average of $297.47 and a two-hundred day moving average of $241.33. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $328.67.

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

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were paid a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is 8.28%.

Insider Buying and Selling

In other Alphabet news, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $308.19, for a total transaction of $184,914.00. Following the sale, the director owned 3,916 shares in the company, valued at $1,206,872.04. This represents a 13.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction dated Monday, December 15th. The shares were 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 directly owned 8,962 shares in the company, valued at $2,798,832.60. This represents a 23.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 210,987 shares of company stock worth $59,551,040 over the last ninety days. Insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price target on shares of Alphabet in a research note on Thursday, October 30th. Loop Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. Mizuho set a $325.00 price target on shares of Alphabet in a research report on Thursday, October 30th. Finally, Truist Financial set a $350.00 price target on shares of Alphabet in a research note on Friday, December 5th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $313.04.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market and analysts have materially repriced Alphabet as an AI leader after strong execution (Gemini, Google Cloud, proprietary chips); MarketBeat lists Alphabet as the most-upgraded stock with sizable upside targets. Read More.
• Positive Sentiment: Analyst bullishness: TipRanks highlights top analysts projecting a ~23% price gain for 2026, supporting upward momentum and higher price targets. Read More.
• Positive Sentiment: Product traction: Reports show Gemini gaining meaningful market share and large MAU figures, reinforcing Alphabet’s competitiveness vs. rivals and fueling revenue expectations from AI-driven services. Read More.
• Positive Sentiment: Commercial wins and spin-off traction: SandboxAQ (Alphabet spin-off) won a major Bahrain government cyber contract — a signal that Alphabet’s broader AI/cyber assets are monetizing beyond search ads. Read More.
• Positive Sentiment: Cost/technology advantage: Commentary highlights Alphabet’s structural edge from custom AI chips and scale — a durable margin/competitive advantage if demand for large models continues. Read More.
• Neutral Sentiment: Capital intensity debate: Analysts and columnists note heavy, ongoing AI capex across hyperscalers — this underpins future growth but keeps near‑term spending and margin scrutiny in focus. Read More.
• Neutral Sentiment: “Stay-on-top” analysis: Coverage pointing out what Alphabet must do to retain AI leadership — positive for longer-term case but underscores ongoing competitive pressure. Read More.
• Negative Sentiment: Regulatory/legal risk: Reports say the DOJ is probing Google over DEI-related practices, which adds a potential regulatory/legal overhang that can increase headline volatility. Read More.

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.