Alphabet Inc. $GOOG Stock Purchased by Iams Wealth Management LLC

by · The Markets Daily

Iams Wealth Management LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 20.9% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,649 shares of the information services provider’s stock after buying an additional 2,187 shares during the period. Alphabet accounts for approximately 1.2% of Iams Wealth Management LLC’s portfolio, making the stock its 16th largest holding. Iams Wealth Management LLC’s holdings in Alphabet were worth $4,310,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GOOG. NFSG Corp boosted its stake in Alphabet by 6.6% during the third quarter. NFSG Corp now owns 55,413 shares of the information services provider’s stock valued at $18,881,000 after buying an additional 3,409 shares during the period. Activest Wealth Management grew its position in Alphabet by 1.7% during the third quarter. Activest Wealth Management now owns 14,676 shares of the information services provider’s stock worth $5,001,000 after buying an additional 247 shares in the last quarter. Whitener Capital Management Inc. increased its stake in Alphabet by 1.4% in the 3rd quarter. Whitener Capital Management Inc. now owns 3,225 shares of the information services provider’s stock worth $1,099,000 after acquiring an additional 43 shares during the last quarter. V Square Quantitative Management LLC increased its stake in Alphabet by 4.8% in the 3rd quarter. V Square Quantitative Management LLC now owns 100,792 shares of the information services provider’s stock worth $34,344,000 after acquiring an additional 4,585 shares during the last quarter. Finally, YANKCOM Partnership increased its stake in Alphabet by 13.5% in the 3rd quarter. YANKCOM Partnership now owns 7,041 shares of the information services provider’s stock worth $2,399,000 after acquiring an additional 837 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Evercore raised their price target on Alphabet from $420.00 to $450.00 and gave the company an “outperform” rating in a report on Thursday, September 17th. Citic Securities lifted their price target on Alphabet from $430.00 to $434.00 and gave the company a “buy” rating in a research report on Monday, July 27th. HSBC set a $515.00 price objective on Alphabet in a report on Friday, August 14th. UBS Group restated a “neutral” rating and issued a $380.00 price objective (up from $379.00) on shares of Alphabet in a research report on Wednesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Thursday. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $422.10.

Read Our Latest Stock Analysis on GOOG

Insider Transactions at Alphabet

In other news, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The SEC filing for this sale provides additional information. In the last three months, insiders sold 420,865 shares of company stock worth $8,293,477. 12.99% of the stock is currently owned by corporate insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: AI-chip opportunity: Evercore ISI raised its Alphabet estimates, arguing that the company could sell its internally developed tensor processing units (TPUs) to cloud customers. AI-chip revenue could become a meaningful contributor to Google Cloud, supporting growth and improving the return on Alphabet’s substantial infrastructure investments. Evercore raises Alphabet estimates on potential TPU hardware sales
  • Positive Sentiment: Quantum-computing breakthrough: Google reported a technique that reduces quantum-computing errors by roughly 40 times. Although commercialization remains uncertain, the development reinforces Alphabet’s long-term technology leadership and could support investor enthusiasm around its research portfolio. Google demonstrates new quantum computer breakthrough
  • Positive Sentiment: Expansion of growth businesses: Waymo received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028. Alphabet also reached a multiyear AI-content agreement with CNN, potentially strengthening its AI products and training resources. Google’s Waymo plans first Canada robotaxi service in Toronto in 2028
  • Neutral Sentiment: Analyst support remains favorable: JPMorgan raised its Alphabet target to $425 and maintained an overweight rating, while recent commentary continues to emphasize strong cloud and AI growth. However, investors remain focused on whether large capital expenditures can generate sufficient future returns.
  • Negative Sentiment: Macro pressure: A hotter-than-expected producer-price report reduced expectations for near-term Federal Reserve rate cuts. Higher-for-longer rates typically weigh on high-growth technology valuations, contributing to weakness across major technology shares, including Alphabet.
  • Negative Sentiment: Legal overhang: Multiple law firms publicized a securities class action involving investors who held Alphabet shares between May 19 and July 16, 2026, citing alleged securities-law violations related to disclosures about Gemini AI performance. The repeated deadline reminders may add short-term sentiment pressure, although the ultimate financial impact remains uncertain. Kaplan Fox Alphabet class action reminder

Alphabet Price Performance

Shares of NASDAQ GOOG traded down $8.00 during mid-day trading on Friday, reaching $336.91. 16,939,110 shares of the company were exchanged, compared to its average volume of 17,087,756. Alphabet Inc. has a 52 week low of $244.67 and a 52 week high of $404.47. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $4.12 trillion, a PE ratio of 16.92, a PEG ratio of 1.00 and a beta of 1.19. The company’s 50 day moving average price is $341.08 and its 200 day moving average price is $348.80.

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

Alphabet Announces Dividend

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

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.

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