Lion Street Advisors LLC Sells 6,209 Shares of Alphabet Inc. $GOOG

Posted by Trevor Kearing on Feb 24th, 2026

Lion Street Advisors LLC reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 97.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 141 shares of the information services provider’s stock after selling 6,209 shares during the quarter. Lion Street Advisors LLC’s holdings in Alphabet were worth $34,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of GOOG. University of Illinois Foundation bought a new position in Alphabet during the 2nd quarter worth approximately $31,000. Manning & Napier Advisors LLC purchased a new stake in shares of Alphabet during the third quarter valued at approximately $32,000. Horrell Capital Management Inc. boosted its stake in shares of Alphabet by 100.0% during the second quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock valued at $35,000 after purchasing an additional 100 shares during the period. Tripletail Wealth Management LLC bought a new position in shares of Alphabet in the third quarter worth approximately $40,000. Finally, Decker Retirement Planning Inc. increased its stake in shares of Alphabet by 60.9% in the second quarter. Decker Retirement Planning Inc. now owns 251 shares of the information services provider’s stock worth $45,000 after buying an additional 95 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Stock Performance

Shares of GOOG opened at $311.69 on Tuesday. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15. The company has a 50-day simple moving average of $321.00 and a two-hundred day simple moving average of $280.89. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market capitalization of $3.77 trillion, a PE ratio of 28.83, a price-to-earnings-growth ratio of 1.85 and a beta of 1.10.

Alphabet (NASDAQ:GOOG – Get Free Report) last announced its earnings results on Wednesday, February 4th. 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 return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. During the same quarter in the prior year, the company earned $2.15 EPS. The business’s revenue was up 18.0% compared to the same quarter last year. On average, analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. UBS Group reiterated a “neutral” rating and set a $348.00 price target (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. HSBC restated a “buy” rating and issued a $335.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. Pivotal Research reiterated a “buy” rating and set a $420.00 target price (up from $400.00) on shares of Alphabet in a report on Thursday, February 5th. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, Guggenheim restated a “buy” rating and set a $375.00 price target on shares of Alphabet in a report on Monday, December 1st. Eight research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average price target of $343.90.

Read Our Latest Report on Alphabet

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Wall Street bullishness: Several firms (Wells Fargo, Mizuho and others) have upgraded or reiterated bullish ratings and raised price targets (median ~ $370, multiple targets much higher), supporting upside expectations for ad/Gemini growth. ‘Time to Get More Constructive,’ Says Wells Fargo on Alphabet Stock (GOOGL)
Positive Sentiment: Partnerships expand commercial reach: Alphabet struck a collaboration with Loblaw in Canada to embed Google shopping/AI capabilities, widening retail monetization touchpoints outside core U.S. markets. Alphabet Inc. (GOOGL): Loblaw Companies Limited Enters into New Collaboration
Positive Sentiment: Product momentum in AI: Google launched Lyria 3 (DeepMind music-generation) in beta inside the Gemini app, showing ongoing product expansion that can drive engagement and new use cases for monetization. Alphabet (GOOGL) Expands AI Reach Amid Market Debate
Neutral Sentiment: Industry capex context: Bridgewater estimates Big Tech will invest roughly $650B in AI infrastructure in 2026 — a sector-wide capital cycle that helps explain Alphabet’s spending plans but also signals competitive pressure on margins and suppliers. Big Tech to invest about $650 billion in AI in 2026, Bridgewater says
Neutral Sentiment: Debate over AI capex sustainability: Social and industry commentary highlights that Alphabet is funding massive AI buildouts internally (versus peers using debt), creating long-term strategic advantages for suppliers but stirring free-cash-flow and energy-demand concerns. Alphabet Stock (GOOGL) Opinions on AI Infrastructure Expansion
Negative Sentiment: Capex and cash-flow anxiety: Several pieces (and investor chatter) point to aggressive AI spending that could pressure free cash flow in 2026 — a headline driver that has weighed on the stock despite Alphabet’s large backlog and revenue growth. Alphabet: Don’t Let The CapEx Scare You Away From A $240B Backlog
Negative Sentiment: Insider selling and governance headlines: Recent large insider sales (including CEO transactions reported) add short-term selling pressure and raise governance/optics concerns for some investors. Insider Selling: Alphabet (NASDAQ:GOOG) CEO Sells $9,877,400.00 in Stock
Negative Sentiment: Accounting scrutiny: High-profile skepticism (e.g., Michael Burry commentary) accusing Big Tech of using accounting/depreciation to mask AI costs is adding reputational and analytical headwinds that can amplify volatility. Michael Burry Warns MSFT, GOOG, META Are Using ‘Sinister’ Accounting

Insider Activity

In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the sale, the chief executive officer owned 2,818,524 shares of the company’s stock, valued at $856,605,814.08. The trade was a 1.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Amie Thuener O’toole sold 933 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $336.55, for a total transaction of $314,001.15. Following the completion of the sale, the chief accounting officer owned 9,916 shares in the company, valued at approximately $3,337,229.80. This trade represents a 8.60% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 2,112,482 shares of company stock worth $119,145,289. 12.99% of the stock is currently owned by corporate insiders.

Alphabet Profile

(Free Report)

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.