Alphabet Inc. $GOOG Shares Purchased by Kwmg LLC

Kwmg LLC grew its stake in Alphabet Inc. (NASDAQ:GOOG) by 106.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,609 shares of the information services provider’s stock after acquiring an additional 4,429 shares during the period. Kwmg LLC’s holdings in Alphabet were worth $2,933,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Worth Asset Management LLC increased its holdings in shares of Alphabet by 24.3% in the third quarter. Worth Asset Management LLC now owns 3,569 shares of the information services provider’s stock valued at $1,216,000 after purchasing an additional 698 shares in the last quarter. Crumly & Associates Inc. boosted its position in Alphabet by 49.6% in the 3rd quarter. Crumly & Associates Inc. now owns 1,224 shares of the information services provider’s stock valued at $417,000 after buying an additional 406 shares during the last quarter. Weaver Consulting Group boosted its position in Alphabet by 20.0% in the 3rd quarter. Weaver Consulting Group now owns 3,618 shares of the information services provider’s stock valued at $1,233,000 after buying an additional 602 shares during the last quarter. Juncture Wealth Strategies LLC increased its stake in shares of Alphabet by 3.2% in the 3rd quarter. Juncture Wealth Strategies LLC now owns 2,243 shares of the information services provider’s stock valued at $764,000 after buying an additional 69 shares during the period. Finally, PPS&V Asset Management Consultants Inc. increased its stake in shares of Alphabet by 11.2% in the 3rd quarter. PPS&V Asset Management Consultants Inc. now owns 636 shares of the information services provider’s stock valued at $217,000 after buying an additional 64 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 441,399 shares of company stock worth $8,677,053. 12.99% of the stock is currently owned by company insiders.

Alphabet Trading Down 0.2%

NASDAQ:GOOG traded down $0.61 during mid-day trading on Wednesday, hitting $343.98. The company had a trading volume of 5,890,546 shares, compared to its average volume of 20,433,744. Alphabet Inc. has a fifty-two week low of $236.68 and a fifty-two week high of $404.47. The business’s fifty day moving average is $342.68 and its two-hundred day moving average is $346.13. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The firm has a market cap of $4.21 trillion, a P/E ratio of 17.28, a P/E/G ratio of 1.00 and a beta of 1.19.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company’s revenue was up 24.2% compared to the same quarter last year. During the same quarter last year, the business earned $2.31 earnings per share. As a group, research analysts expect that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were issued a dividend of $0.22 per share. The ex-dividend date was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is currently 4.42%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on GOOG shares. HSBC set a $515.00 price target on Alphabet in a research note on Friday, August 14th. DA Davidson dropped their price objective on Alphabet from $375.00 to $350.00 and set a “neutral” rating for the company in a report on Thursday, July 23rd. New Street Research cut their target price on shares of Alphabet from $455.00 to $405.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Cantor Fitzgerald reiterated an “overweight” rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Arete Research boosted their price target on shares of Alphabet from $425.00 to $450.00 in a research note on Monday, July 6th. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $420.07.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet and Constellation Energy agreed to long-term nuclear-power arrangements supporting roughly 3,590 megawatts for Google’s data centers. The agreement strengthens Alphabet’s ability to secure reliable electricity for AI infrastructure and signals confidence in sustained AI demand. Google and Constellation nuclear agreement
• Positive Sentiment: Google is partnering with Unity on an AI-powered game-creation platform that could expand the reach of Google AI and create new engagement opportunities across its ecosystem. The announcement also highlights Alphabet’s broader push to commercialize AI beyond Search and Cloud. Google and Unity AI gaming partnership
• Positive Sentiment: Analyst and investor commentary remains broadly bullish, citing resilient Search advertising, rapid Cloud growth, strong profitability and a comparatively modest valuation. Reported price targets generally range from approximately $416 to $450, above recent trading levels. Alphabet price target commentary
• Neutral Sentiment: Alphabet launched SynthID, a public tool for identifying AI-generated images, video and audio. The product may support trust and safety initiatives, although near-term revenue impact is unclear. Google SynthID website
• Negative Sentiment: Construction on two Google data centers in Finland was ordered halted pending environmental-impact assessments, creating potential delays and highlighting permitting risks for Alphabet’s capital-intensive AI expansion. Google Finland data center halt
• Negative Sentiment: Alphabet continues to face securities-fraud and Play Store antitrust litigation tied to alleged disclosures about Gemini development and app-store fees. The lawsuits may increase legal costs, damages exposure and regulatory uncertainty, though the repeated law-firm announcements do not represent new judgments against the company. Alphabet Play Store antitrust lawsuit

Alphabet Company Profile

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.