Elevation Point Wealth Partners LLC Sells 56,692 Shares of Alphabet Inc. $GOOG

Elevation Point Wealth Partners LLC lessened its stake in Alphabet Inc. (NASDAQ:GOOG) by 75.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 18,662 shares of the information services provider’s stock after selling 56,692 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Alphabet were worth $4,545,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in GOOG. University of Illinois Foundation bought a new stake in Alphabet during the second quarter worth $31,000. Imprint Wealth LLC bought a new position in shares of Alphabet in the 3rd quarter valued at about $31,000. Manning & Napier Advisors LLC bought a new position in shares of Alphabet in the 3rd quarter valued at about $32,000. Tripletail Wealth Management LLC acquired a new position in shares of Alphabet during the 3rd quarter worth about $40,000. Finally, Retirement Wealth Solutions LLC increased its stake in shares of Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after purchasing an additional 116 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the sale, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. The trade was a 78.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $306.73, for a total value of $184,038.00. Following the completion of the transaction, the director directly owned 20,624 shares in the company, valued at approximately $6,325,999.52. This represents a 2.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,076,615 shares of company stock worth $107,809,111 in the last 90 days. Company insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on GOOG. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Pivotal Research reissued a “buy” rating and set a $420.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating and issued a $400.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. TD Cowen reaffirmed a “buy” rating and issued a $365.00 price objective (up from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Guggenheim reiterated a “buy” rating and set a $375.00 target price on shares of Alphabet in a research note on Monday, December 1st. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $345.71.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: GFiber is combining with Astound Broadband with Stonepeak as majority owner while Alphabet keeps a minority stake — this monetizes Google’s fiber asset, reduces future capex burden and leaves Alphabet with upside exposure to a larger independent broadband operator. Alphabet Inc. (GOOGL)’s Expanding Horizons: AI, Cloud, and Broadband Growth
• Positive Sentiment: Gemini AI is being added to Google Maps via “Ask Maps,” increasing product differentiation and engagement across a high-traffic app — a direct example of AI driving user value and monetization opportunities. Google (GOOGL) Adds Its Gemini AI Model to Google Maps to Allow More Detailed Questions
• Positive Sentiment: Google completed the acquisition of Wiz (~$32B), strengthening cloud security offerings — a strategic tuck-in that can help win larger enterprise cloud deals and justify higher cloud multiple over time. Google Just Closed Its $32 Billion Wiz Deal. How Should You Play GOOGL Stock Here?
• Positive Sentiment: Google changed Android billing rules, cut developer fees and resolved the Epic/Fortnite dispute — removing a legal overhang and improving developer economics for Play Store, which supports long-term app revenue resilience. Google (GOOGL) App Store Brings Back Fortnite, Changes Fee Structure
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive — recent coverage highlights strong Q4 results, cash-rich balance sheet and a consensus “Buy” tilt with several elevated price targets. This underpins medium-term investor confidence. Alphabet Q4: A Fairly Valued Tech Titan To Buy Now
• Neutral Sentiment: Social and options flow show heightened bullish conviction around Gemini and cloud, but this is sentiment-driven and can amplify short-term volatility rather than change fundamentals. Alphabet Stock (GOOG) Opinions on Gemini AI Advancements
• Neutral Sentiment: Recent short-interest data in feeds appears noisy/invalid and does not signal a meaningful squeeze or covering dynamic at present.
• Negative Sentiment: U.K. regulator warnings on protecting children online increase the risk of tighter rules and compliance costs for big tech — a regulatory backdrop that could pressure valuations if enforcement or new rules accelerate. Big tech given warning – and deadline – by UK regulator

Alphabet Stock Down 0.6%

Shares of GOOG opened at $301.46 on Monday. The firm has a market cap of $3.65 trillion, a P/E ratio of 27.89, a price-to-earnings-growth ratio of 1.76 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15. The firm’s 50-day simple moving average is $319.36 and its 200 day simple moving average is $290.90.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same period last year, the business posted $2.15 earnings per share. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. On average, analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

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.