7,094 Alphabet Inc. $GOOG Shares Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 91.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 638 shares of the information services provider’s stock after selling 7,094 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Alphabet were worth $217,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of GOOG. Castlekeep Investment Advisors LLC acquired a new position in shares of Alphabet during the second quarter valued at about $29,000. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet during the fourth quarter worth about $38,000. Toth Financial Advisory Corp acquired a new stake in shares of Alphabet in the 2nd quarter worth about $41,000. Timbuktu Capital Management LLC acquired a new stake in shares of Alphabet in the 2nd quarter worth about $46,000. Finally, Robinswood Financial LLC acquired a new stake in shares of Alphabet in the 1st quarter worth about $57,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Performance

Shares of GOOG stock opened at $343.65 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The firm has a 50-day moving average of $341.65 and a 200-day moving average of $348.38. Alphabet Inc. has a one year low of $244.67 and a one year high of $404.47. The company has a market cap of $4.20 trillion, a P/E ratio of 17.26, a P/E/G ratio of 1.01 and a beta of 1.19.

Alphabet (NASDAQ:GOOG – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $116.53 billion. During the same period in the previous year, the company earned $2.31 earnings per share. The firm’s revenue for the quarter was up 24.2% compared to the same quarter last year. Equities research analysts forecast that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have commented on the company. Citic Securities boosted their price objective on Alphabet from $430.00 to $434.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Canaccord Genuity Group set a $450.00 price objective on Alphabet in a research note on Thursday, July 23rd. New Street Research dropped their target price on Alphabet from $455.00 to $405.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating and cut their target price for the company from $450.00 to $425.00 in a research report on Monday, July 27th. Finally, JPMorgan Chase & Co. cut their target price on Alphabet from $460.00 to $420.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $421.98.

Read Our Latest Report on GOOG

Insiders Place Their Bets

In other news, Director Frances Arnold sold 83 shares of the company’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 value of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 441,399 shares of company stock valued at $8,677,053 in the last 90 days. 12.99% of the stock is currently owned by corporate insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Google began rolling out Gemini 4 Argon to developers, businesses and paying subscribers, adding coding tools and customization features. The model also scored 91.1% in an accounting benchmark, potentially strengthening Alphabet’s position in enterprise AI. Google launches flagship AI model Gemini 4 Argon for developers, businesses
  • Positive Sentiment: Analysts and bullish investors continue to point to Google Cloud expansion, improving AI monetization and Alphabet’s internally developed AI chips as potential growth drivers. One analyst estimated the chip business could eventually unlock $100 billion in revenue. Alphabet Could Unlock $100 Billion From AI Chips by 2028
  • Positive Sentiment: American Electric Power plans to invest approximately $4 billion in a Wyoming fuel-cell project to supply Google’s growing electricity needs. The agreement highlights strong demand for Alphabet’s data-center infrastructure, although it also underscores the scale of required AI spending. American Electric Power to invest $4 billion fuel-cell project to power Google
  • Neutral Sentiment: The European Commission said it remains in dialogue with Google, suggesting ongoing regulatory uncertainty but no specific enforcement action was detailed in the report. EU Commission is in dialogue with Google
  • Negative Sentiment: Several law firms publicized a securities-fraud class action against Alphabet concerning alleged disclosures about the development and timing of the Gemini 3.5 Pro model. Investors who purchased shares from May 19 through July 16, 2026, face lead-plaintiff deadlines around November 30 and December 1. The announcements increase headline and potential litigation risk, although they do not establish wrongdoing. Rosen Alphabet securities class action announcement
  • Negative Sentiment: Investors also remain concerned that enormous data-center and AI capital expenditures could pressure free cash flow, while intensifying competition from Microsoft, Apple and Meta may raise the cost of defending Google’s AI and search franchises.

Alphabet Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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