Alphabet Inc. $GOOG Stake Raised by Red Crane Wealth Management LLC

Red Crane Wealth Management LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 794.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,866 shares of the information services provider’s stock after buying an additional 9,651 shares during the quarter. Alphabet comprises approximately 2.6% of Red Crane Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. Red Crane Wealth Management LLC’s holdings in Alphabet were worth $3,702,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Denali Advisors LLC raised its holdings in Alphabet by 14.8% in the second quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock valued at $37,449,000 after buying an additional 13,700 shares during the period. Heck Capital Advisors LLC increased its position in shares of Alphabet by 298.2% in the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock worth $7,854,000 after acquiring an additional 16,647 shares in the last quarter. Montchanin Asset Management LLC acquired a new stake in shares of Alphabet in the first quarter worth $7,075,000. Sax Wealth Advisors LLC raised its stake in shares of Alphabet by 13.3% in the 2nd quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock valued at $10,773,000 after acquiring an additional 3,575 shares during the period. Finally, TrueMark Investments LLC purchased a new position in shares of Alphabet in the 1st quarter valued at $1,277,000. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Alphabet in a research report on Thursday, July 23rd. HSBC set a $515.00 target price on Alphabet in a research report on Friday, August 14th. DZ Bank raised Alphabet from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Wedbush assumed coverage on shares of Alphabet in a research report on Thursday, July 16th. They issued an “outperform” rating and a $445.00 price objective for the company. Finally, DA Davidson dropped their price objective on shares of Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a research note on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $421.95.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched Gemini 4 Argon for developers, businesses and paying users. The model is being marketed as particularly strong in coding and finance and legal knowledge work, potentially improving Alphabet’s competitive position in generative AI. Google launches flagship AI model Gemini 4 Argon for developers, businesses
• Positive Sentiment: An analyst said Alphabet’s internally developed AI chips could generate as much as $100 billion in value by 2028, while investors also remain focused on Google Cloud growth and rising AI demand. BNP Paribas reportedly raised its price target, adding to the bullish tone. Alphabet Could Unlock $100 Billion From AI Chips by 2028, Analyst Says
• Positive Sentiment: Alphabet and Unity announced Unity Spark, an AI-powered game-creation platform that will let users build games with natural-language prompts. The partnership could broaden Alphabet’s AI distribution and user reach. Alphabet backs AI game creation platform
• Neutral Sentiment: Alphabet’s Chrome security program awarded XBOW $250,000 for identifying a major exploit. The recognition supports Google’s security efforts but is unlikely to materially affect near-term financial results. XBOW Rewarded for Exploit Affecting a Billion Users
• Negative Sentiment: Several law firms publicized a securities class action alleging Alphabet misrepresented development progress for Gemini 3.5 Pro, including training setbacks and a missed launch timetable. The case covers purchases from May 19 through July 16, 2026, with lead-plaintiff deadlines around December 1. Although the announcements largely repeat existing claims, they reinforce legal and reputational overhang. Alphabet AI issues and securities fraud class action
• Negative Sentiment: Apple introduced HomeView and a more personalized Siri for smart homes, increasing competitive pressure on Google’s smart-home and AI ecosystems. Investors also remain sensitive to Alphabet’s substantial AI data-center spending and the gap between operating cash flow and free cash flow. Apple’s HomeView takes on Amazon and Google

Insider Activity

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 441,399 shares of company stock worth $8,677,053. 12.99% of the stock is currently owned by corporate insiders.

Alphabet Stock Performance

Shares of GOOG opened at $349.52 on Wednesday. The firm has a market cap of $4.27 trillion, a price-to-earnings ratio of 17.56, a PEG ratio of 1.01 and a beta of 1.19. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $341.98 and its two-hundred day moving average is $347.94. Alphabet Inc. has a 52-week low of $241.18 and a 52-week high of $404.47.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.31 earnings per share. Analysts forecast that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were given a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 4.42%.

About Alphabet

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.