MOR Wealth Management LLC purchased a new stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,359 shares of the information services provider’s stock, valued at approximately $1,054,000. Alphabet comprises approximately 0.5% of MOR Wealth Management LLC’s portfolio, making the stock its 29th biggest holding.
Other hedge funds have also recently modified their holdings of the company. Imprint Wealth LLC acquired a new position in Alphabet in the 3rd quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new stake in shares of Alphabet in the 3rd quarter valued at approximately $32,000. Tripletail Wealth Management LLC acquired a new stake in shares of Alphabet during the 3rd quarter worth approximately $40,000. Retirement Wealth Solutions LLC increased its holdings in shares of Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after buying an additional 116 shares during the last quarter. Finally, Bay Harbor Wealth Management LLC raised its position in shares of Alphabet by 56.8% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock valued at $53,000 after buying an additional 79 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on GOOG shares. Jefferies Financial Group reiterated a “buy” rating and issued a $365.00 price objective on shares of Alphabet in a research report on Monday, January 5th. Wells Fargo & Company upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Piper Sandler reiterated an “overweight” rating and set a $395.00 price target on shares of Alphabet in a report on Thursday, February 5th. Finally, Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a research report on Tuesday, January 20th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $345.71.
Insider Transactions at Alphabet
In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the sale, the chief executive officer directly owned 2,818,524 shares in the company, valued at $856,605,814.08. This represents a 1.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,101,844 shares of company stock worth $115,147,751 in the last 90 days. Insiders own 12.99% of the company’s stock.
Alphabet Price Performance
Alphabet stock opened at $294.46 on Friday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a 50 day moving average price of $309.00 and a 200 day moving average price of $296.60. The company has a market capitalization of $3.56 trillion, a PE ratio of 27.24, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13.
Alphabet (NASDAQ:GOOG – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $111.24 billion. During the same period in the prior year, the firm earned $2.15 earnings per share. The firm’s revenue was up 18.0% compared to the same quarter last year. Research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current 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 issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s payout ratio is currently 7.77%.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google rolled out Gemma 4, an open?source AI model family that strengthens Google’s developer ecosystem and supports future cloud/AI revenue opportunities. Read More.
- Positive Sentiment: Google updated Gemini API pricing with “Flex” and “Priority” tiers to balance speed, cost and reliability — that could broaden usage, enable more price?sensitive workloads, and boost API adoption/revenue. Read More.
- Positive Sentiment: Technical advances like TurboQuant (memory/compression for large models) can lower infrastructure costs for AI workloads and improve margins over time — a structural benefit to Google’s cloud/AI economics. Read More.
- Neutral Sentiment: Wells Fargo and other analysts remain constructive (Overweight/Buy) but have trimmed price targets — signaling confidence in the long run while dialing back near?term expectations. Read More.
- Neutral Sentiment: Market/ETF flows continue to amplify Alphabet’s moves (SPY/QQQ dynamics): macro risk?on/off days can create outsized short?term volatility for big caps. Read More.
- Neutral Sentiment: Big Tech H?1B filings have fallen, reflecting broader hiring freezes/reshuffling across the sector — not an Alphabet?specific revenue issue but a labor/strategy signal. Read More.
- Negative Sentiment: Turkey’s competition authority opened an investigation into Google’s advertising and billing practices — regulatory probes risk fines, remedial costs and local ad?revenue disruption. Read More.
- Negative Sentiment: Alphabet’s principal accounting officer, Amie Thuener O’Toole, is leaving (joining Broadcom as CFO) — departure of a senior finance leader creates some short?term transition risk for controls and reporting. Read More.
- Negative Sentiment: Semianalysis warned heavy AI capex could push Google’s free cash flow toward zero next year — investors sensitive to FCF may penalize valuation if spending outpaces monetization. Read More.
- Negative Sentiment: Recent insider selling by senior executives (e.g., John Kent Walker) adds to near?term negative sentiment, especially amid market sensitivity to insider activity. Read More.
- Negative Sentiment: Broader legal pressure on platforms (recent cases challenging Section 230 protections) raises regulatory and litigation risk for YouTube/Google content/ad products. Read More.
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.
Further Reading
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