7,551 Alphabet Inc. $GOOG Shares Acquired by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.7% in the third quarter, HoldingsChannel reports. The firm owned 286,783 shares of the information services provider’s stock after purchasing an additional 7,551 shares during the quarter. Alphabet accounts for about 2.5% of Gerber Kawasaki Wealth & Investment Management’s holdings, making the stock its 10th largest holding. Gerber Kawasaki Wealth & Investment Management’s holdings in Alphabet were worth $97,719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Morton Brown Family Wealth LLC grew its stake in Alphabet by 135.5% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock valued at $25,000 after buying an additional 42 shares during the last quarter. Castlekeep Investment Advisors LLC bought a new position in Alphabet in the 2nd quarter valued at about $29,000. Livelsberger Financial Advisory bought a new position in Alphabet in the 3rd quarter valued at about $37,000. Toth Financial Advisory Corp acquired a new stake in Alphabet during the second quarter worth approximately $41,000. Finally, Timbuktu Capital Management LLC acquired a new stake in Alphabet during the second quarter worth approximately $46,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on GOOG shares. Sanford C. Bernstein restated a “market perform” rating and set a $325.00 price objective on shares of Alphabet in a report on Thursday, October 29th. Oppenheimer reiterated an “outperform” rating and set a $400.00 target price (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Citizens Jmp cut Alphabet from a “mkt outperform” rating to a “market perform” rating in a report on Thursday, October 29th. Wells Fargo & Company set a $365.00 price target on Alphabet in a research note on Monday. Finally, Susquehanna reaffirmed a “positive” rating and issued a $400.00 price objective on shares of Alphabet in a report on Thursday, October 29th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $413.38.

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders sold 247 shares of company stock valued at $79,238. 12.99% of the stock is owned by corporate insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum: A venture-capital investor ranked Alphabet’s Gemini as the leading AI model, supporting optimism about the company’s ability to compete in AI and potentially attract usage and spending. Top VC: The Best AI Models Take “80% Plus” of Spend. And Alphabet’s Gemini Just Ranked No. 1
• Positive Sentiment: Long-term infrastructure growth: Google plans to invest $15 billion in Malaysia over two years to expand data-center capacity and support regional AI and cloud demand. The investment could help grow future revenue, though it adds to near-term capital needs. Google to Invest $15 Billion in Malaysia Over Two Years
• Neutral Sentiment: Election-driven rally: Reports attributed the rebound in Alphabet and other mega-cap technology shares to a broad post-election market rally. The result may have eased some near-term concern about data-center policy, although regulatory uncertainty remains. Why Alphabet Stock Popped on Wednesday
• Negative Sentiment: Heavy AI investment weighs on cash flow: Recent coverage highlighted declining free cash flow and rising infrastructure costs, tempering the growth story. Investors remain focused on whether cloud and AI returns will justify the spending. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
• Negative Sentiment: School Search policy backlash and litigation: Google’s plan tying school access to Search with AI settings drew criticism from politicians and prompted competing search services to target schools. Separately, a securities class action alleges investors were misled about Gemini 3.5 Pro’s progress; the claims are allegations, but add legal and reputational uncertainty. Google faces backlash for plan that would turn off Search for schools that restrict AI

Alphabet Stock Up 3.2%

Shares of NASDAQ GOOG opened at $287.30 on Thursday. The stock’s fifty day moving average is $332.01 and its 200 day moving average is $337.44. The stock has a market capitalization of $3.51 trillion, a P/E ratio of 14.99, a PEG ratio of 0.84 and a beta of 1.21. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. Alphabet Inc. has a 52 week low of $271.41 and a 52 week high of $404.47.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.97 billion. During the same period last year, the company posted $2.87 EPS. The business’s revenue was up 24.7% on a year-over-year basis. Sell-side analysts forecast that Alphabet Inc. will post 19.80 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s dividend payout ratio is currently 4.59%.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.