Planned Solutions Inc. Buys 1,615 Shares of Alphabet Inc. $GOOG

Planned Solutions Inc. grew its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 38.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,808 shares of the information services provider’s stock after acquiring an additional 1,615 shares during the quarter. Alphabet accounts for approximately 0.5% of Planned Solutions Inc.’s portfolio, making the stock its 29th largest holding. Planned Solutions Inc.’s holdings in Alphabet were worth $1,415,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in shares of Alphabet by 5.6% during the 4th 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. Financiere des Professionnels Fonds d investissement inc. bought a new position in Alphabet during the second quarter valued at about $2,185,000. Baron Wealth Management LLC increased its holdings in Alphabet by 4.9% during the second quarter. Baron Wealth Management LLC now owns 5,045 shares of the information services provider’s stock worth $895,000 after buying an additional 235 shares during the last quarter. Mirador Capital Partners LP raised its position in Alphabet by 5.2% in the second quarter. Mirador Capital Partners LP now owns 119,293 shares of the information services provider’s stock worth $21,161,000 after acquiring an additional 5,865 shares during the period. Finally, Affinity Capital Advisors LLC raised its position in Alphabet by 11.2% in the second quarter. Affinity Capital Advisors LLC now owns 13,744 shares of the information services provider’s stock worth $2,438,000 after acquiring an additional 1,389 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Trading Down 0.9%

NASDAQ:GOOG opened at $333.16 on Friday. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $341.20. The stock’s fifty day moving average price is $311.03 and its two-hundred day moving average price is $253.96. 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 $4.02 trillion, a P/E ratio of 32.86, a P/E/G ratio of 1.86 and a beta of 1.09.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share 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 company had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. During the same period in the previous year, the business earned $2.12 earnings per share. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. As a group, analysts expect that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s payout ratio is presently 8.28%.

Insider Activity

In related news, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the sale, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the sale, the chief accounting officer owned 8,962 shares in the company, valued at $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 192,687 shares of company stock valued at $58,728,068. 12.99% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on GOOG shares. Bank of America increased their target price on shares of Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Wolfe Research upped their price objective on Alphabet from $290.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Mizuho set a $325.00 price objective on Alphabet in a report on Thursday, October 30th. Rosenblatt Securities set a $279.00 target price on Alphabet in a research note on Thursday, October 30th. Finally, Canaccord Genuity Group upped their price target on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Seven research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average target price of $320.31.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major commercial validation — Apple has agreed to use Google’s Gemini as the foundation for the next generation of Siri, and MarketBeat highlights this as a primary catalyst behind Alphabet surpassing a $4 trillion market cap; analysts estimate meaningful licensing revenue and distribution upside. Alphabet Tops $4 Trillion Valuation as AI Momentum Runs Hot
• Positive Sentiment: Product progress — Google launched a Personal Intelligence feature and continues to integrate Gemini with other Google apps (and partners), moving Gemini toward a personalized assistant that can be monetized across search, cloud and device ecosystems. Google launches Personal Intelligence feature in Gemini app
• Positive Sentiment: Analyst/market momentum — Upgrades, bullish commentary (including high-profile bulls and Jim Cramer praise) and inclusion in “AI favorite” narratives are supporting sentiment and fund flows into GOOGL. Jim Cramer crowns Alphabet’s Gemini 3 a stock market home run
• Neutral Sentiment: Sector tailwinds — Industry forecasts project massive AI spending this year, which benefits hyperscalers like Alphabet but also raises capital/competitive intensity across cloud and GPU suppliers. This is broadly supportive but not uniquely bullish for GOOGL. AI Spending Forecast to Hit $2.53 Trillion This Year
• Negative Sentiment: Legal/regulatory risk — Major publishers have asked to join a class-action suit alleging Google used copyrighted material to train AI models; litigation or unfavorable rulings could increase compliance costs or constrain training data use. Publishers seek to join lawsuit against Google over AI training
• Negative Sentiment: Competition & geopolitical pressure — DeepMind’s CEO says Chinese models may be “months” behind but closing the gap; faster foreign advancements increase competitive pressure on margins and innovation lead. China just ‘months’ behind U.S. AI models, Google DeepMind CEO says
• Negative Sentiment: Operational headwinds — Google warns U.S. electrical transmission constraints are slowing data-center hookups; longer build timelines could limit near-term capacity expansion for cloud/AI workloads. Google says US transmission system is biggest challenge for connecting data centers

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.