Wealth Alliance Advisory Group LLC Sells 3,442 Shares of Alphabet Inc. $GOOG

Wealth Alliance Advisory Group LLC decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 13.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,609 shares of the information services provider’s stock after selling 3,442 shares during the period. Alphabet comprises approximately 1.2% of Wealth Alliance Advisory Group LLC’s holdings, making the stock its 21st largest position. Wealth Alliance Advisory Group LLC’s holdings in Alphabet were worth $6,781,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake 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 worth $24,240,469,000 after buying an additional 7,904,434 shares during the period. Danske Bank A S bought a new stake in Alphabet during the 3rd quarter worth approximately $678,198,000. Holocene Advisors LP purchased a new position in Alphabet during the second quarter valued at approximately $455,745,000. Alliancebernstein L.P. increased its stake 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 worth $9,749,864,000 after purchasing an additional 2,209,203 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of Alphabet by 208.0% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,130,681 shares of the information services provider’s stock valued at $273,026,000 after purchasing an additional 2,177,855 shares during the period. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. KeyCorp set a $370.00 target price on shares of Alphabet in a report on Thursday, February 5th. Oppenheimer restated an “outperform” rating and issued a $425.00 price objective on shares of Alphabet in a research report on Thursday, April 30th. Wells Fargo & Company upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Raymond James Financial reissued a “strong-buy” rating and set a $425.00 price objective on shares of Alphabet in a report on Thursday, April 30th. Finally, Pivotal Research reissued a “buy” rating and issued a $470.00 target price (up from $420.00) on shares of Alphabet in a report on Wednesday, April 29th. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $362.73.

Alphabet Price Performance

Shares of GOOG stock opened at $384.34 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The stock has a 50 day moving average price of $313.83 and a 200 day moving average price of $309.58. Alphabet Inc. has a 52-week low of $149.49 and a 52-week high of $388.96. The firm has a market capitalization of $4.65 trillion, a P/E ratio of 29.32, a P/E/G ratio of 1.62 and a beta of 1.25.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 earnings per share. As a group, sell-side analysts predict that Alphabet Inc. will post 13.72 earnings per share for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be paid a $0.22 dividend. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is currently 6.41%.

Insider Activity at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the transaction, the chief executive officer directly owned 2,818,524 shares of the company’s stock, valued at approximately $856,605,814.08. This trade represents a 1.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 955 shares of Alphabet stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the sale, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at $2,955,564. This represents a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 158,553 shares of company stock valued at $47,951,856 over the last 90 days. 12.99% of the stock is currently owned by insiders.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major potential customer win: reports say AI startup Anthropic committed to spend roughly $200 billion with Google Cloud over five years, a revenue and capacity validation that could materially boost long‑term cloud sales and chip demand. Anthropic commits to spending $200 billion on Google’s cloud and chips
• Positive Sentiment: Cloud momentum and AI “lock‑in”: Q1 cloud growth and reported backlog (~$460B+) point to steep enterprise AI demand and future revenue conversion, supporting higher earnings expectations. Alphabet’s $460B AI Lock-In
• Positive Sentiment: Analyst bullishness: several firms raised price targets (including street‑high $515 and J.P. Morgan’s $460), which reinforces buy interest and helped push the shares to record levels. Top analyst sets $515 price target
• Positive Sentiment: Product/competitive move: Google is planning to sell TPUs directly, expanding its AI infrastructure offering and potentially improving cloud margins while intensifying competition with NVIDIA for AI compute. Google moves to sell TPUs directly
• Neutral Sentiment: Capital raising to fund buildout: Alphabet tapped the euro bond market with strong demand for a multi‑tranche offering — shows investor appetite for funding its AI/data‑center capex but increases near‑term debt issuance. Alphabet taps euro bond market with six‑tranche offering
• Neutral Sentiment: U.S. government oversight: Google (with Microsoft and xAI) agreed to give U.S. agencies early access to advanced models for security reviews — this signals trust from regulators but adds another review layer before deployments. What we know about US stress tests of Google, xAI and Microsoft AI models
• Negative Sentiment: Regulatory/privacy risk in Europe: a senior Google scientist warned that EU proposals to share search data with rivals could expose user information — raises potential regulatory and revenue risks for search. Top Google scientist says EU data measures pose privacy risk
• Negative Sentiment: Employee unrest and DoD work: classified defense AI contracts and related protests (DeepMind unionization vote, staff petitions) create reputational/operational risk and potential talent friction. Google DeepMind employees vote to unionize amid DoD deal
• Negative Sentiment: Near‑term sell signal/downgrade: at least one boutique manager downgraded Alphabet from strong‑buy to hold, which could weigh on sentiment for risk‑sensitive flows. Zacks / downgrade reference

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.