Jaffetilchin Investment Partners LLC lessened its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 4.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,887 shares of the information services provider’s stock after selling 1,778 shares during the period. Alphabet comprises about 0.8% of Jaffetilchin Investment Partners LLC’s portfolio, making the stock its 28th biggest position. Jaffetilchin Investment Partners LLC’s holdings in Alphabet were worth $13,458,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Imprint Wealth LLC acquired a new position in shares of Alphabet in the third quarter worth approximately $31,000. Manning & Napier Advisors LLC acquired a new stake in Alphabet during the 3rd quarter valued at approximately $32,000. Tripletail Wealth Management LLC acquired a new stake in Alphabet during the 3rd quarter valued at approximately $40,000. Retirement Wealth Solutions LLC raised its holdings in 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 purchasing an additional 116 shares during the last quarter. Finally, Bay Harbor Wealth Management LLC raised its holdings in Alphabet by 56.8% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock worth $53,000 after purchasing an additional 79 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.
Alphabet Stock Performance
Shares of GOOG stock opened at $294.46 on Friday. The firm has a 50 day moving average of $309.00 and a 200-day moving average of $296.60. The company has a market cap of $3.56 trillion, a price-to-earnings ratio of 27.24, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15.
Alphabet Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a dividend of $0.21 per share. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is currently 7.77%.
Insider Activity at Alphabet
In other news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director owned 4,631 shares of the company’s stock, valued at $1,405,091.71. This represents a 18.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the sale, the chief executive officer owned 2,818,524 shares of the company’s stock, valued at approximately $856,605,814.08. This represents a 1.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,101,844 shares of company stock worth $115,147,751 over the last three months. 12.99% of the stock is currently owned by company insiders.
Key Stories Impacting Alphabet
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.
Analysts Set New Price Targets
A number of research firms have recently commented on GOOG. Jefferies Financial Group reaffirmed a “buy” rating and issued a $365.00 price objective on shares of Alphabet in a research note on Monday, January 5th. Canaccord Genuity Group lifted their target price on shares of Alphabet from $330.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Needham & Company LLC set a $400.00 target price on shares of Alphabet and gave the company a “buy” rating in a report on Friday, March 13th. Oppenheimer reaffirmed an “outperform” rating and set a $360.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Finally, DZ Bank upgraded Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Nine investment 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 data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $345.71.
Read Our Latest Analysis on GOOG
About Alphabet
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.
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