Traveka Wealth LLC Lowers Stock Position in Alphabet Inc. $GOOG

Traveka Wealth LLC cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 41.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,813 shares of the information services provider’s stock after selling 4,073 shares during the period. Traveka Wealth LLC’s holdings in Alphabet were worth $1,824,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Imprint Wealth LLC purchased a new position in shares of Alphabet in the 3rd quarter valued at $31,000. Manning & Napier Advisors LLC purchased a new stake in shares of Alphabet during the 3rd quarter worth $32,000. Tripletail Wealth Management LLC bought a new stake in Alphabet during the third quarter valued at about $40,000. Retirement Wealth Solutions LLC boosted its position in Alphabet by 145.0% during the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock valued at $48,000 after purchasing an additional 116 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC grew its stake in Alphabet by 56.8% in the third quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock valued at $53,000 after purchasing an additional 79 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Alphabet Trading Down 3.3%

Alphabet stock opened at $289.20 on Wednesday. The stock has a 50-day moving average price of $316.04 and a 200 day moving average price of $294.86. The company has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 26.75, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. 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 company earned $2.15 EPS. Alphabet’s quarterly revenue was up 18.0% on a year-over-year basis. Sell-side analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Analyst Ratings Changes

Several research firms have commented on GOOG. Jefferies Financial Group reissued a “buy” rating and set a $365.00 price target on shares of Alphabet in a research report on Monday, January 5th. TD Cowen reaffirmed a “buy” rating and issued a $365.00 price objective (up from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. Oppenheimer reiterated an “outperform” rating and set a $360.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Sanford C. Bernstein reissued a “market perform” rating and set a $345.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Alphabet has a consensus rating of “Buy” and a consensus target price of $345.71.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud wins a bigger role in UK infrastructure: Openreach expanded its Google Cloud/Gemini AI use to accelerate fibre rollout and cut fleet emissions — a commercial + ESG win that could drive Cloud revenue and stickier enterprise relationships. Openreach taps Google AI to speed fibre rollout, cut emissions
• Positive Sentiment: DeepMind expands robotics footprint: Partnership with Agile Robots to integrate Gemini Robotics models with hardware strengthens Alphabet’s AI-to-robotics moat and potential new product lines. Google partners with Agile Robots, growing its AI robotics footprint
• Positive Sentiment: Agentic commerce monetization: Gap (and other merchants) integrating checkout inside Gemini signals early commerce monetization paths for Alphabet’s AI platform. Gap becomes the first major fashion company to offer checkout within Google’s Gemini
• Positive Sentiment: Google Cloud wins in fintech tokenization: BMO/CME tokenized cash platform built on Google Cloud expands financial services use cases for the platform. BMO to launch tokenized cash platform with CME and Google Cloud
• Neutral Sentiment: Analyst optimism and price targets remain supportive: Several bullish forecasts and high median price targets (many analysts still see significant upside over 12 months), which underpins longer‑term sentiment but may not stop short‑term volatility. Alphabet Stock Forecast: Can GOOGL Deliver Nearly 40% Gains in 12 Months?
• Neutral Sentiment: Wing drone expansion and other long‑term bets continue (e.g., Bay Area drone rollout, energy PPAs with Google Energy) — positive strategically but low near‑term revenue impact. Alphabet’s Wing to start drone delivery in San Francisco Bay Area
• Negative Sentiment: Regulatory risk heightened: EU antitrust chief is meeting Big Tech CEOs as the Commission scrutinizes AI‑era dominance — this increases the likelihood of policy actions that could constrain business models or impose compliance costs. EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny
• Negative Sentiment: Near‑term selling pressure and technical concerns: social‑media traders flag a head‑and‑shoulders/technical breakdown while recent coverage highlights notable daily declines and aggressive insider selling activity — factors likely feeding today’s weakness. Alphabet Stock (GOOGL) Opinions on Technical Breakdown and AI Developments
• Negative Sentiment: Legal/jury trial noise: ongoing high‑profile litigation involving big tech (reported jury difficulties) adds headline risk that can amplify volatility. Jury in landmark Meta, Google addiction trial having difficulty coming to consensus

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of Alphabet stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares of the company’s stock, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,110,165 shares of company stock worth $118,134,117 in the last three months. Company insiders own 12.99% of the company’s stock.

Alphabet Company Profile

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.