Alphabet Inc. $GOOG Shares Purchased by VCI Wealth Management LLC

VCI Wealth Management LLC lifted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 5.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,487 shares of the information services provider’s stock after purchasing an additional 2,215 shares during the quarter. Alphabet accounts for approximately 3.5% of VCI Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. VCI Wealth Management LLC’s holdings in Alphabet were worth $14,477,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Denali Advisors LLC grew its position in Alphabet by 14.8% in the second quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock worth $37,449,000 after acquiring an additional 13,700 shares in the last quarter. Heck Capital Advisors LLC increased its stake in Alphabet by 298.2% during the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock worth $7,854,000 after acquiring an additional 16,647 shares during the last quarter. Montchanin Asset Management LLC bought a new stake in Alphabet during the first quarter worth approximately $7,075,000. NBT Bank N.A. purchased a new stake in Alphabet during the third quarter valued at approximately $47,537,000. Finally, Sax Wealth Advisors LLC raised its position in Alphabet by 13.3% during the second quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock valued at $10,773,000 after purchasing an additional 3,575 shares during the period. Institutional investors own 27.26% of the company’s stock.

Alphabet Stock Performance

Alphabet stock opened at $287.30 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The firm has a market capitalization of $3.51 trillion, a P/E ratio of 14.99, a price-to-earnings-growth ratio of 0.84 and a beta of 1.21. Alphabet Inc. has a 1-year low of $271.41 and a 1-year high of $404.47. The company’s 50-day moving average is $332.01 and its 200 day moving average is $337.44.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.01 by ($0.89). The business had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm’s quarterly revenue was up 24.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.87 EPS. Research analysts forecast that Alphabet Inc. will post 19.80 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is currently 4.59%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum: A venture-capital investor ranked Alphabet’s Gemini as the leading AI model, supporting optimism about the company’s ability to compete in AI and potentially attract usage and spending. Top VC: The Best AI Models Take “80% Plus” of Spend. And Alphabet’s Gemini Just Ranked No. 1
• Positive Sentiment: Long-term infrastructure growth: Google plans to invest $15 billion in Malaysia over two years to expand data-center capacity and support regional AI and cloud demand. The investment could help grow future revenue, though it adds to near-term capital needs. Google to Invest $15 Billion in Malaysia Over Two Years
• Neutral Sentiment: Election-driven rally: Reports attributed the rebound in Alphabet and other mega-cap technology shares to a broad post-election market rally. The result may have eased some near-term concern about data-center policy, although regulatory uncertainty remains. Why Alphabet Stock Popped on Wednesday
• Negative Sentiment: Heavy AI investment weighs on cash flow: Recent coverage highlighted declining free cash flow and rising infrastructure costs, tempering the growth story. Investors remain focused on whether cloud and AI returns will justify the spending. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
• Negative Sentiment: School Search policy backlash and litigation: Google’s plan tying school access to Search with AI settings drew criticism from politicians and prompted competing search services to target schools. Separately, a securities class action alleges investors were misled about Gemini 3.5 Pro’s progress; the claims are allegations, but add legal and reputational uncertainty. Google faces backlash for plan that would turn off Search for schools that restrict AI

Insider Activity

In related news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders sold 247 shares of company stock worth $79,238. 12.99% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GOOG. Sanford C. Bernstein reiterated a “market perform” rating and issued a $325.00 target price on shares of Alphabet in a report on Thursday, October 29th. JPMorgan Chase & Co. decreased their price target on Alphabet from $425.00 to $375.00 and set an “overweight” rating on the stock in a report on Thursday, October 29th. Raymond James Financial restated a “strong-buy” rating and issued a $350.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating and dropped their price objective for the stock from $450.00 to $425.00 in a research note on Monday, July 27th. Finally, China Renaissance dropped their price objective on shares of Alphabet from $485.00 to $445.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $413.38.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.