Alphabet Inc. $GOOGL Shares Bought by Lantern Wealth Advisors LLC

Lantern Wealth Advisors LLC lifted its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 65.2% in the third quarter, Holdings Channel reports. The firm owned 25,435 shares of the information services provider’s stock after buying an additional 10,041 shares during the period. Alphabet comprises about 2.0% of Lantern Wealth Advisors LLC’s portfolio, making the stock its 8th largest position. Lantern Wealth Advisors LLC’s holdings in Alphabet were worth $6,183,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Vermillion & White Wealth Management Group LLC grew its stake in Alphabet by 81.2% during the 3rd quarter. Vermillion & White Wealth Management Group LLC now owns 587 shares of the information services provider’s stock valued at $143,000 after purchasing an additional 263 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Alphabet during the 3rd quarter valued at about $445,000. LWM Advisory Services LLC lifted its holdings in shares of Alphabet by 3.3% in the 3rd quarter. LWM Advisory Services LLC now owns 4,426 shares of the information services provider’s stock valued at $1,088,000 after buying an additional 141 shares during the period. ARQ Wealth Advisors LLC lifted its holdings in shares of Alphabet by 321.9% in the 3rd quarter. ARQ Wealth Advisors LLC now owns 8,146 shares of the information services provider’s stock valued at $1,980,000 after buying an additional 6,215 shares during the period. Finally, Opes Wealth Management LLC boosted its stake in shares of Alphabet by 4.1% in the third quarter. Opes Wealth Management LLC now owns 9,194 shares of the information services provider’s stock worth $2,235,000 after buying an additional 366 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet Trading Down 0.2%

Shares of Alphabet stock opened at $307.13 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00. The firm has a market capitalization of $3.72 trillion, a PE ratio of 28.41, a P/E/G ratio of 1.80 and a beta of 1.10. The firm’s 50-day moving average price is $318.17 and its 200 day moving average price is $291.96.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. On average, sell-side analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a notable AI talent win that reinforces Alphabet’s product roadmap and competitive positioning in AI. Reuters: Sekhon to join DeepMind
• Positive Sentiment: Google’s Wiz acquisition expands Google Cloud’s security portfolio, strengthening the Cloud growth narrative that underpins future revenue diversification. Zacks: GOOGL’s Wiz buyout
• Positive Sentiment: Regulatory concession: Google will let sites opt out of generative AI search features in the UK — reduces near‑term regulatory risk to search revenue. Reuters: Google to allow AI opt‑out
• Neutral Sentiment: Insider selling: CEO Sundar Pichai sold 32,500 shares and director John Hennessy sold a smaller stake — notable but small relative to total insider holdings; monitor for pattern. InsiderTrades: Pichai sale
• Neutral Sentiment: Short‑interest data in feeds appears anomalous/zero and does not indicate a meaningful short build or squeeze at present.
• Negative Sentiment: Macro/valuation headwinds: analysts flag $410B+ hyperscaler AI capex and uncertainty over returns, a theme that keeps pressure on tech multiples (including Alphabet). Fool: Reason tech stocks struggle
• Negative Sentiment: Competitive/market pressure: analyst pieces note rising competition in cloud analytics (Snowflake) and product battles that could temper near‑term share gains despite execution. Zacks: Snowflake vs Alphabet

Insider Transactions at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,110,165 shares of company stock worth $118,134,117. Company insiders own 11.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on GOOGL shares. Wells Fargo & Company set a $354.00 price target on Alphabet and gave the company an “equal weight” rating in a research report on Thursday, February 5th. DA Davidson raised their price objective on shares of Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Raymond James Financial raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Canaccord Genuity Group set a $415.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Finally, Tigress Financial set a $415.00 price target on shares of Alphabet and gave the stock a “strong-buy” rating in a report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus price target of $367.18.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.