NewSquare Capital LLC Acquires 3,261 Shares of Alphabet Inc. $GOOG

NewSquare Capital LLC raised its holdings in Alphabet Inc. (NASDAQ:GOOG) by 1,575.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,468 shares of the information services provider’s stock after purchasing an additional 3,261 shares during the period. NewSquare Capital LLC’s holdings in Alphabet were worth $845,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in GOOG. Brighton Jones LLC increased its stake in Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after acquiring an additional 6,410 shares during the period. Ignite Planners LLC grew its holdings in shares of Alphabet by 1.0% during the 2nd quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock worth $2,697,000 after purchasing an additional 144 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Alphabet by 7.4% in the second quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider’s stock valued at $105,540,000 after purchasing an additional 41,132 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its position in Alphabet by 1.9% during the second quarter. Cassaday & Co Wealth Management LLC now owns 33,075 shares of the information services provider’s stock worth $5,867,000 after purchasing an additional 620 shares during the period. Finally, Oakwell Private Wealth Management LLC increased its holdings in Alphabet by 11.9% in the 2nd quarter. Oakwell Private Wealth Management LLC now owns 2,937 shares of the information services provider’s stock valued at $521,000 after buying an additional 312 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Performance

Shares of GOOG stock opened at $300.91 on Friday. The business’s 50-day moving average price is $320.61 and its 200-day moving average price is $285.58. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The firm has a market capitalization of $3.64 trillion, a price-to-earnings ratio of 27.84, a PEG ratio of 1.78 and a beta of 1.10. 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 (NASDAQ:GOOG) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating 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 company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the prior year, the firm posted $2.15 earnings per share. The firm’s revenue was up 18.0% compared to the same quarter last year. Equities research analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

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

Insider Buying and Selling

In related news, insider John Kent Walker sold 47,574 shares of the 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. This represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $306.73, for a total value of $184,038.00. Following the transaction, the director directly owned 20,624 shares in the company, valued at $6,325,999.52. The trade was a 2.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,079,993 shares of company stock valued at $108,745,244 over the last quarter. 12.99% of the stock is currently owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large enterprise deals and product momentum support revenue and TPU/cloud demand — Google Cloud wins (CVS AI health platform) and ongoing Gemini product updates reinforce the company’s commercial AI growth story. CVS taps Google Cloud to roll out AI-powered health platform
• Positive Sentiment: Large infrastructure demand signaled by Meta leasing Google TPUs — multibillion?dollar TPU agreements point to durable cloud revenue from AI training customers. Meta leases Google AI chips
• Positive Sentiment: Strategic partnerships (reported Apple tie?up) could deepen Gemini / cloud integration into iOS ecosystem, raising long?term monetization potential. Gemini lawsuit and Apple deal reframe AI risk/reward
• Positive Sentiment: Analyst support remains constructive — Bank of America reaffirmed a Buy and $370 target, helping underpin bullish expectations for medium?term upside. Bank of America maintains $370 PT
• Neutral Sentiment: Insider selling observed (small share disposals by a director and the CAO) — routine filings show modest reductions that investors monitor but that don’t indicate strategic distress. Insider sale filing
• Neutral Sentiment: Regulatory/legal uncertainty partly settles gameplay — Fortnite returns to Google Play worldwide, but with changed economics from the Epic settlement. That removes distribution uncertainty while altering long?term service revenue. Fortnite returns to Google Play
• Negative Sentiment: Play Store commission cut — Google’s settlement with Epic reduces Play Store fees to roughly 20%, which could lower app?store revenue and margins versus prior assumptions. Google lowers Play Store commissions
• Negative Sentiment: High?profile Gemini lawsuit raises liability and regulatory risk — a wrongful?death claim alleging harmful chatbot guidance increases uncertainty around consumer AI oversight and potential litigation costs. Gemini wrongful?death lawsuit
• Negative Sentiment: Waymo safety/regulatory scrutiny and AI capex concerns — NTSB probes and reminders of heavy AI capital spending weigh on near?term margins and sentiment. Waymo NTSB scrutiny AI capex pressure article

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on GOOG shares. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. Piper Sandler restated an “overweight” rating and set a $395.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Wedbush reaffirmed an “outperform” rating and issued a $370.00 target price on shares of Alphabet in a report on Thursday, February 5th. Truist Financial set a $350.00 price target on Alphabet in a research note on Friday, December 5th. Finally, DZ Bank upgraded Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Alphabet has a consensus rating of “Buy” and an average target price of $343.90.

Alphabet 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.