Formulate Financial LLC Invests $950,000 in Alphabet Inc. $GOOG

Formulate Financial LLC acquired a new stake in Alphabet Inc. (NASDAQ:GOOG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,900 shares of the information services provider’s stock, valued at approximately $950,000. Alphabet makes up approximately 1.2% of Formulate Financial LLC’s portfolio, making the stock its 14th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. National Wealth Management Group LLC grew its holdings in Alphabet by 145.7% during the 3rd quarter. National Wealth Management Group LLC now owns 3,035 shares of the information services provider’s stock worth $739,000 after acquiring an additional 1,800 shares in the last quarter. BG Investment Services Inc. raised its holdings in shares of Alphabet by 9.2% in the 3rd quarter. BG Investment Services Inc. now owns 1,691 shares of the information services provider’s stock valued at $412,000 after purchasing an additional 143 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of Alphabet by 2.0% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 555,650 shares of the information services provider’s stock worth $135,681,000 after purchasing an additional 11,101 shares during the period. Callahan Advisors LLC boosted its stake in shares of Alphabet by 0.7% during the third quarter. Callahan Advisors LLC now owns 274,314 shares of the information services provider’s stock valued at $66,809,000 after purchasing an additional 1,884 shares in the last quarter. Finally, White Wing Wealth Management purchased a new position in Alphabet during the third quarter valued at approximately $416,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Trading Up 1.9%

Alphabet stock opened at $344.90 on Tuesday. The stock has a 50-day moving average of $321.44 and a two-hundred day moving average of $267.95. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. Alphabet Inc. has a one year low of $142.66 and a one year high of $345.17. The stock has a market cap of $4.16 trillion, a PE ratio of 34.01, a price-to-earnings-growth ratio of 1.86 and a beta of 1.10.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is presently 8.28%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud landed a five‑year AI partnership with Liberty Global to deploy Gemini models and cloud tools across the cable operator’s European business — a meaningful commercial win for Cloud and Gemini adoption that supports recurring revenue growth. Google Cloud, Liberty Global strike five-year AI partnership
• Positive Sentiment: Waymo raised $16 billion in a round that values the unit near $126 billion — this large external financing both recognizes Waymo’s standalone value and de‑risks Alphabet’s capital commitment while preserving upside from a high‑value autonomous‑vehicle asset. Waymo announces $16 billion fundraising round
• Positive Sentiment: Alphabet scored a legal win when a judge rejected a bid to force a $2.36B penalty — easing a sizeable regulatory/legal overhang. Google (GOOGL) Dodges $2.36B Class Action Penalty in Major Court Win
• Positive Sentiment: Analysts and commentators continue to point to AI‑driven strength in Search, YouTube and Cloud as the main drivers for expected strong Q4 results, supporting investor optimism heading into earnings. Alphabet (GOOGL) Stock: What Wall Street Expects from Earnings Wednesday
• Neutral Sentiment: Options market pricing and analysts expect a sizable post‑earnings move (the options market is pricing notable volatility), meaning the stock can swing sharply after the Q4 report. Alphabet (GOOGL) Q4 Earnings on Deck: Options Market Braces for a 6.18% Swing
• Neutral Sentiment: Competition in generative AI (reports of an imminent Claude 5 launch) keeps the product landscape dynamic — a potential headwind or stimulus depending on execution and partnerships. Claude 5 Will Probably Launch In Q1
• Neutral Sentiment: Short‑interest data in the latest print is uninformative (shows effectively zero days of short interest), indicating little visible short pressure but also potential data noise — not a clear driver either way.
• Negative Sentiment: Several institutional 13F filings show managers trimming GOOG positions and at least one major shareholder sale was reported (~$35M), signaling some profit‑taking after the stock’s strong run. Fund Update: PROVIDENT TRUST CO Just Disclosed New Holdings Alphabet Major Shareholder Sells
• Negative Sentiment: Critical commentary warns AI could create structural risks for ad models if monetization lags; plus a reported $110M hit to Disney from a YouTube TV carriage dispute underscores distribution/friction risks around media partners. Disney said it took a $110 million hit from its fight with YouTube TV Mag 7’s “Commitment” to Data Centers & GOOGL “Existential Crisis”

Analysts Set New Price Targets

A number of analysts have weighed in on GOOG shares. Rosenblatt Securities set a $279.00 target price on Alphabet in a report on Thursday, October 30th. Raymond James Financial raised Alphabet from an “outperform” rating to a “strong-buy” rating and boosted their price target for the stock from $315.00 to $400.00 in a research report on Thursday, January 22nd. Hsbc Global Res upgraded Alphabet to a “strong-buy” rating in a research note on Tuesday, October 7th. HSBC reiterated a “buy” rating and issued a $335.00 target price on shares of Alphabet in a research note on Thursday, October 30th. Finally, Wolfe Research boosted their target price on shares of Alphabet from $290.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Eight research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $330.83.

Insider Activity at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the sale, the chief executive officer owned 2,272,119 shares of the company’s stock, valued at approximately $725,942,020.50. The trade was a 1.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,069,531 shares of company stock valued at $104,158,826. Company insiders own 12.99% of the company’s stock.

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.