Park Avenue Securities LLC Has $27.78 Million Position in Alphabet Inc. $GOOG

Park Avenue Securities LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 4.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 114,047 shares of the information services provider’s stock after acquiring an additional 4,933 shares during the period. Park Avenue Securities LLC’s holdings in Alphabet were worth $27,776,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GOOG. Kingstone Capital Partners Texas LLC increased its holdings in shares of Alphabet by 580,897.4% during the second quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock worth $23,963,208,000 after buying an additional 135,064,454 shares in the last quarter. Norges Bank bought a new stake in Alphabet during the 2nd quarter worth $4,298,572,000. Vanguard Group Inc. increased its holdings in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Alphabet by 73.5% in the 3rd 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 purchasing an additional 4,154,929 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its stake in shares of 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 valued at $731,331,000 after purchasing an additional 4,099,366 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $332.73 on Tuesday. The company has a market capitalization of $4.02 trillion, a PE ratio of 32.81, a P/E/G ratio of 1.82 and a beta of 1.09. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $334.44. The firm has a fifty day simple moving average of $307.88 and a 200 day simple moving average of $251.71.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $99.90 billion. During the same period last year, the business posted $2.12 EPS. The business’s revenue was up 15.9% compared to the same quarter last year. On average, sell-side analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

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

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple chooses Google’s Gemini to power the next generation of Siri and Apple Foundation Models — a multi‑year licensing/cloud deal that validates Gemini at scale and gives Alphabet a high‑margin, recurring revenue channel and access to Apple’s huge device base. Google and Apple enter into multi-year AI deal for Gemini models
• Positive Sentiment: AI optimism pushed Alphabet into the ~$4 trillion market‑cap club — headlines and analyst commentary frame Google as a potential long‑term AI winner (Gemini, Cloud, TPUs), which fuels momentum buying and multiple expansion. Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
• Positive Sentiment: Jefferies and other sell‑side notes highlight Alphabet’s data moat and Cloud/AI growth as durable upside drivers — supportive research helps underpin longer‑term buy interest despite a rich near‑term multiple. Jefferies Sees Alphabet’s (GOOGL) Data Moat and Cloud Growth Driving Long-Term Upside
• Neutral Sentiment: Some analysts are tempering enthusiasm by lowering conviction or trimming ratings (e.g., downgrades from “Strong Buy” to “Buy”) citing stretched forward multiples — this signals limited near‑term upside even as fundamentals stay strong. Alphabet: Reviewing My 2025 Top Pick, Downgrade To Buy On Less Attractive Setup
• Negative Sentiment: Institutional portfolio moves show some trimming of GOOGL positions in recent 13F updates (e.g., Davenport & Co and E. Ohman filings flagged reductions), which could modestly weigh supply/demand dynamics if continued. Fund Update: DAVENPORT & Co LLC Just Disclosed New Holdings
• Negative Sentiment: Notable insider selling activity (including CEO sales disclosed in filings) is being tracked by markets and can add short‑term selling pressure or concern about timing of stock sales. Alphabet (GOOGL) Delivered Solid Performance in the Quarter
• Negative Sentiment: High‑profile criticism (Elon Musk calling the deal an “unreasonable concentration of power”) creates headline risk and could attract regulatory scrutiny or political attention over big‑tech partnerships — a reputational/regulatory risk to monitor. Elon Musk Slams Google, Apple Deal: ‘Unreasonable Concentration Of Power’

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on GOOG shares. KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price objective on shares of Alphabet in a research note on Thursday, October 30th. Sanford C. Bernstein boosted their target price on shares of Alphabet from $260.00 to $305.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Guggenheim reaffirmed a “buy” rating and set a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. Mizuho set a $325.00 price target on shares of Alphabet in a report on Thursday, October 30th. Finally, Bank of America increased their price objective on Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Seven research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $318.18.

Insider Buying and Selling at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the completion of the sale, the chief executive officer owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. This trade represents a 1.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction 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 completion of the sale, the insider owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This represents a 29.32% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 227,365 shares of company stock valued at $67,350,070. 12.99% of the stock is currently owned by company insiders.

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.