Stratos Wealth Advisors LLC Purchases 2,130 Shares of Alphabet Inc. $GOOG

Stratos Wealth Advisors LLC grew its position in Alphabet Inc. (NASDAQ:GOOGFree Report) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 70,199 shares of the information services provider’s stock after purchasing an additional 2,130 shares during the period. Alphabet makes up approximately 1.1% of Stratos Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Stratos Wealth Advisors LLC’s holdings in Alphabet were worth $22,029,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after acquiring an additional 7,904,434 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Alphabet by 5.8% in the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock valued at $9,749,864,000 after acquiring an additional 2,209,203 shares during the last quarter. Legal & General Group Plc increased its position in shares of Alphabet by 0.7% in the third quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock valued at $7,935,671,000 after acquiring an additional 223,743 shares during the last quarter. Capital World Investors increased its position in shares of Alphabet by 1.9% in the third quarter. Capital World Investors now owns 28,625,464 shares of the information services provider’s stock valued at $6,971,769,000 after acquiring an additional 539,679 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Alphabet by 3.6% in the third quarter. Invesco Ltd. now owns 21,531,348 shares of the information services provider’s stock valued at $5,243,960,000 after acquiring an additional 756,602 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

GOOG has been the topic of a number of recent research reports. Wells Fargo & Company raised Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. JPMorgan Chase & Co. lifted their target price on Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. KeyCorp set a $370.00 target price on Alphabet in a research report on Thursday, February 5th. Scotiabank reaffirmed an “outperform” rating and issued a $400.00 target price (up from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $370.00 target price on shares of Alphabet in a research report on Tuesday, January 20th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $345.71.

Check Out Our Latest Report on GOOG

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 8,993 shares of the stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the sale, the insider owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at $2,923,235.59. This represents a 5.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,069,344 shares of company stock valued at $104,708,426 over the last ninety days. 12.99% of the stock is owned by corporate insiders.

Alphabet Price Performance

Alphabet stock opened at $316.37 on Friday. Alphabet Inc. has a 12 month low of $148.40 and a 12 month high of $350.15. The stock’s 50 day moving average is $306.78 and its 200-day moving average is $298.16. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $3.83 trillion, a price-to-earnings ratio of 29.27, a PEG ratio of 1.95 and a beta of 1.13.

Alphabet (NASDAQ:GOOGGet Free Report) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 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 for the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the prior year, the business earned $2.15 earnings per share. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. Equities research analysts expect that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Expanded AI infrastructure partnerships — Google deepened multi-year deals with Intel (and broader TPU/partner deals with Broadcom/Anthropic), locking in multi‑generation chips and networking supply for its AI data centers, which supports Google Cloud capacity, cost control and enterprise AI revenue. Google and Intel deepen AI infrastructure partnership
  • Positive Sentiment: Broadcom/Broad AI supply visibility — reports show renewed long‑term TPU/networking agreements tying Broadcom to Google and Anthropic, reinforcing Alphabet’s access to custom AI compute and signaling durable infrastructure demand. Broadcom Locks in Multi-Year AI Wins With Google and Anthropic
  • Positive Sentiment: Google Cloud momentum — multiple writeups highlight ~50% cloud growth, a $240B cloud backlog and stronger monetization via Gemini/TPUs, underscoring a durable, high‑margin growth engine for Alphabet. Forget Google Search: This Business Is Alphabet’s Real Growth Story
  • Positive Sentiment: Product and commercialization wins — new privacy/cookie protection features and consumer AI rollouts (Google Finance overhaul, Waymo geographic expansion, Wing drone moves) keep multiple monetization levers active for ads, cloud and emerging businesses. Google Stock (GOOGL) Is Soaring. It’s Taking Cookies Seriously Again
  • Neutral Sentiment: Analyst activity is mixed — some firms (e.g., William O’Neil) reinstated Buy coverage highlighting long‑term optionality (Waymo, AI), while other market notes simply group GOOGL among Magnificent Seven buy opportunities tied to broader rotation. William O’Neil Reinstates Alphabet With a Buy
  • Negative Sentiment: Valuation and margin concerns — some analysts rate Alphabet as a Hold, arguing the stock already prices near‑perfect execution (forward PEG elevated vs. peers) and noting near‑term margin compression risks despite strong fundamentals. Alphabet Stock Defies AI’s Gravity
  • Negative Sentiment: Portfolio rebalancing / sales — reports of funds trimming or selling (e.g., TCW fund) over valuation criteria show pockets of supply that could pressure near‑term trading despite the positive newsflow. TCW Fund Sold Alphabet After Meeting Valuation Characteristics

Alphabet Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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