JB Capital LLC Has $11.62 Million Position in Alphabet Inc. $GOOGL

JB Capital LLC lessened its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 4.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,779 shares of the information services provider’s stock after selling 2,021 shares during the period. JB Capital LLC’s holdings in Alphabet were worth $11,615,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GOOGL. Brighton Jones LLC increased its stake in shares of Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after purchasing an additional 4,110 shares during the period. Revolve Wealth Partners LLC boosted its stake in Alphabet by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after purchasing an additional 506 shares during the period. Flaharty Asset Management LLC acquired a new position in Alphabet in the 1st quarter valued at $113,000. WBI Investments LLC bought a new position in Alphabet during the 1st quarter worth $417,000. Finally, Siren L.L.C. lifted its holdings in shares of Alphabet by 624.3% during the first quarter. Siren L.L.C. now owns 50,703 shares of the information services provider’s stock worth $7,841,000 after buying an additional 43,703 shares in the last quarter. 40.03% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on GOOGL shares. KeyCorp reaffirmed an “overweight” rating and set a $300.00 price target (up from $265.00) on shares of Alphabet in a research report on Monday, October 27th. Hsbc Global Res raised shares of Alphabet to a “strong-buy” rating in a report on Tuesday, October 7th. JMP Securities reiterated a “market outperform” rating and issued a $290.00 price target on shares of Alphabet in a research report on Wednesday, October 22nd. Susquehanna boosted their price target on Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a research note on Thursday, October 30th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $315.00 price objective on shares of Alphabet in a research note on Tuesday, December 2nd. Four investment analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $322.42.

Alphabet Stock Up 1.1%

Shares of GOOGL opened at $325.44 on Friday. Alphabet Inc. has a one year low of $140.53 and a one year high of $330.32. The company has a market cap of $3.93 trillion, a P/E ratio of 32.09, a P/E/G ratio of 1.78 and a beta of 1.08. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The firm has a 50 day simple moving average of $305.24 and a two-hundred day simple moving average of $247.60.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The firm had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. Research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio is 8.28%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet has overtaken Apple to become the world’s second-most valuable public company, a market-cap milestone that signals investor confidence in Google’s AI-led growth story and may attract ETF flows and index-related buying. Google Claims Apple’s Spot on Most-Valuable-Companies List
• Positive Sentiment: Broker and media coverage has turned more bullish (upgrades and optimistic price-target notes), reinforcing momentum and giving investors confidence in further upside tied to Gemini/AI and search monetization. Alphabet Stock Gets an Upgrade. How Google Will Beat ChatGPT.
• Positive Sentiment: EU discussions reportedly spare Big Tech from the strictest aspects of a digital-rule overhaul, easing regulatory risk for Google’s ad and cloud businesses in Europe. Big Tech spared strict rules in EU digital rule overhaul
• Neutral Sentiment: EU antitrust regulators will rule on Alphabet’s $32B Wiz acquisition by Feb. 10 — a clear catalyst but with an uncertain outcome; approval would remove an overhang, while objections could delay or alter the deal. EU antitrust regulators to decide on Google’s Wiz deal by Feb 10
• Neutral Sentiment: Google and Character.AI reached settlements in lawsuits alleging chatbots harmed minors — this cuts litigation uncertainty but keeps reputation and product-safety issues on investors’ radars. Google and Character.AI to Settle Lawsuit Over Teenager’s Death
• Neutral Sentiment: CEO Sundar Pichai sold 32,500 shares (~$10.4M), a disclosed insider sale that slightly reduces his stake but appears routine and not an obvious signal of impaired fundamentals. SEC filing: Insider sale
• Negative Sentiment: Competitor dynamics: Nvidia hired a former Google marketing executive as CMO, underscoring intense competition for AI talent and marketing muscle in the AI infrastructure space — a subtle competitive headwind to watch. Nvidia Hires Google Veteran as Its First Chief Marketing Officer

Insider Activity

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $288.26, for a total transaction of $800,786.28. Following the completion of the transaction, the chief accounting officer owned 11,739 shares in the company, valued at approximately $3,383,884.14. This trade represents a 19.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the completion of the transaction, the chief executive officer owned 2,337,119 shares in the company, valued at $662,526,494.12. This trade represents a 1.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 225,187 shares of company stock valued at $66,695,036. Insiders own 11.64% of the company’s stock.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.