Alphabet Inc. $GOOG Position Cut by Penn Davis Mcfarland Inc.

Penn Davis Mcfarland Inc. trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 4.1% during the third quarter, Holdings Channel reports. The firm owned 464,324 shares of the information services provider’s stock after selling 19,670 shares during the quarter. Alphabet makes up approximately 11.7% of Penn Davis Mcfarland Inc.’s portfolio, making the stock its biggest holding. Penn Davis Mcfarland Inc.’s holdings in Alphabet were worth $113,086,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its stake in Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after purchasing an additional 6,410 shares during the period. Rollins Financial Advisors LLC grew its holdings in shares of Alphabet by 28.8% in the first quarter. Rollins Financial Advisors LLC now owns 3,463 shares of the information services provider’s stock valued at $541,000 after purchasing an additional 774 shares in the last quarter. Triune Financial Partners LLC acquired a new position in shares of Alphabet in the first quarter valued at approximately $213,000. Iron Gate Global Advisors LLC increased its stake in Alphabet by 20.5% during the 1st quarter. Iron Gate Global Advisors LLC now owns 245,416 shares of the information services provider’s stock worth $38,341,000 after buying an additional 41,811 shares during the period. Finally, Advisors Capital Management LLC lifted its holdings in Alphabet by 2.7% during the 1st quarter. Advisors Capital Management LLC now owns 517,224 shares of the information services provider’s stock worth $80,806,000 after buying an additional 13,760 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Stock Performance

NASDAQ GOOG opened at $326.01 on Friday. 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 capitalization of $3.93 trillion, a PE ratio of 32.15, a P/E/G ratio of 1.78 and a beta of 1.09. The company has a fifty day moving average of $305.95 and a two-hundred day moving average of $248.33. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $330.54.

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

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Insider Activity

In other news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $250.15, for a total value of $8,129,875.00. Following the transaction, the chief executive officer owned 2,369,619 shares of the company’s stock, valued at approximately $592,760,192.85. This trade represents a 1.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the transaction, the insider directly owned 42,972 shares in the company, valued at $13,531,453.08. This trade represents a 29.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 227,965 shares of company stock valued at $67,495,822 in the last three months. Corporate insiders own 12.99% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet has overtaken Apple to become the world’s second‑largest public company by market cap, reinforcing investor confidence in Alphabet’s AI momentum and signaling potential ETF/inflow support. Alphabet’s market-cap news
• Positive Sentiment: Analyst upgrades and higher price targets are piling up (Cantor Fitzgerald, Canaccord and others), giving buy-side momentum and a clearer near‑term valuation anchor for bullish flows. Analyst price target update
• Positive Sentiment: Product-driven monetization: Google is rolling Gemini AI features into Gmail (summaries, drafting, answers for billions of users), supporting ad/search engagement and differentiation vs. OpenAI. This underpins revenue upside expectations. Gmail Gemini features
• Positive Sentiment: Regulatory relief: reporting indicates EU’s digital-rule overhaul will avoid the strictest measures for big tech, reducing near‑term regulatory uncertainty for Google’s ad and platform businesses. EU digital rule overhaul
• Neutral Sentiment: Wiz acquisition pending: the EU will decide on Alphabet’s $32B Wiz cybersecurity buy by Feb. 10 — approval would remove a major deal overhang, but a rejection would be a setback. Outcome is binary. Wiz EU decision
• Neutral Sentiment: Fund rebalancing: Gradient Investments trimmed ~19% of its reported GOOG stake in the 12/31 13F; institutional churn can weigh on intraday flows but often reflects portfolio rebalancing rather than a negative view. Gradient Investments 13F update
• Negative Sentiment: Insider selling: CEO Sundar Pichai sold 32,500 shares (~$10.4M) in a disclosed SEC transaction; while routine for executives, such sales can be interpreted by some investors as a mild negative signal. Insider sale filing
• Negative Sentiment: Legal/reputational note: Alphabet and Character.AI have settled suits tied to harms allegedly caused by AI chatbots — settlement reduces litigation uncertainty but highlights regulatory and reputational risk around AI safety. Lawsuit settlement

Analyst Upgrades and Downgrades

GOOG has been the subject of several research reports. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, October 8th. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a report on Wednesday, December 17th. Canaccord Genuity Group upped their price target on Alphabet from $330.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday. BMO Capital Markets reaffirmed an “outperform” rating and issued a $340.00 price target on shares of Alphabet in a research report on Thursday, October 30th. Finally, Piper Sandler boosted their price objective on Alphabet from $285.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Seven analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and an average price target of $316.79.

About Alphabet

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.