<div id="readability-page-1">Axxcess Wealth Management LLC lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 15.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,933 shares of the information services provider's stock after selling 18,728 shares during the quarter. Axxcess Wealth Management LLC's holdings in Alphabet were worth $22,604,000 as of its most recent SEC filing.<ul><li>MarketBeat Week in Review – 02/16 - 02/20</li></ul>A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GOOG. Norges Bank purchased a new stake in shares of Alphabet in the second quarter valued at $4,298,572,000. JPMorgan Chase &amp; Co. raised its position in Alphabet by 8.6% during the third quarter. JPMorgan Chase &amp; Co. now owns 99,529,742 shares of the information services provider's stock valued at $24,240,469,000 after buying an additional 7,904,434 shares during the period. Vanguard Group Inc. lifted its stake in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider's stock worth $73,927,821,000 after acquiring an additional 5,182,111 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Alphabet by 73.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider's stock worth $2,388,775,000 after acquiring an additional 4,154,929 shares during the period. Finally, Laurel Wealth Advisors LLC boosted its position in Alphabet by 17,547.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider's stock worth $731,331,000 after acquiring an additional 4,099,366 shares during the period. Institutional investors and hedge funds own 27.26% of the company's stock. <h2>Wall Street Analyst Weigh In</h2>A number of equities analysts have recently weighed in on GOOG shares. TD Cowen reiterated a &#34;buy&#34; rating and issued a $365.00 target price (up previously from $355.00) on shares of Alphabet in a report on Thursday, February 5th. DZ Bank upgraded shares of Alphabet to a &#34;strong-buy&#34; rating in a research note on Monday, February 16th. Phillip Securities raised shares of Alphabet from a &#34;moderate buy&#34; rating to a &#34;strong-buy&#34; rating in a research note on Friday, November 7th. Jefferies Financial Group reaffirmed a &#34;buy&#34; rating and issued a $365.00 price target on shares of Alphabet in a research note on Monday, January 5th. Finally, UBS Group reiterated a &#34;neutral&#34; rating and set a $348.00 price objective (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Alphabet presently has a consensus rating of &#34;Buy&#34; and an average price target of $343.90.<ul><li>Booking Holdings Split: The Catalyst Wall Street Didn’t See Coming</li></ul>Get Our Latest Research Report on GOOG<h2>Alphabet News Roundup</h2>Here are the key news stories impacting Alphabet this week:<ul> <li>Positive Sentiment: Analysts and brokers have raised price targets and highlighted AI/cloud upside (UBS, Canaccord), citing Gemini adoption and generative‑AI capex that could add meaningful cloud revenue. UBS generative AI capex note</li> <li>Positive Sentiment: Alphabet committed to a major $15B America‑India Connect initiative and announced partnerships (Zillow, Sea) that expand Gemini/Cloud into verticals — positive for long‑term cloud/ads monetization and market reach. America-India Connect announcement</li> <li>Positive Sentiment: Notable institutional buying from hedge funds (e.g., Appaloosa/Tepper, Altimeter, Viking) signals conviction in Alphabet’s AI/Cloud thesis and can support the stock through execution milestones. Appaloosa increases stake</li> <li>Neutral Sentiment: Product demos (Gemini AI coach, music features) and consumer launches (Pixel device with AI features) improve user engagement and positioning but are not immediate revenue drivers. Gemini demo on CNBC</li> <li>Neutral Sentiment: Reported short‑interest data for February shows anomalies (zeros/NaN) and provides no clear bearish signal at present; treat the statistic cautiously until reconciled. </li> <li>Negative Sentiment: Insider selling: senior execs disclosed sizable sales (Sundar Pichai, John Kent Walker), which markets often view as a modest near‑term negative signal despite normal tax/liquidity reasons. Pichai sale filing Walker sale filing</li> <li>Negative Sentiment: Legal/IP risk: prosecutors have charged engineers in an alleged scheme to steal Google trade secrets and pass files abroad — reputational and security concerns that could invite regulatory scrutiny. Trade-secrets indictment</li> <li>Negative Sentiment: Execution/supply risks: DeepMind’s CEO warned that memory‑chip shortages constrain agentic AI research/deployment, which could slow rollout timing or raise costs for compute‑intensive initiatives. DeepMind chip shortage comments</li> <li>Negative Sentiment: Several institutional investors disclosed trims (Pershing Square, Longview, others). Broad portfolio rebalancing can weigh on near‑term sentiment even if longer‑term AI momentum remains. Pershing Square trim</li> </ul><h2>Insider Transactions at Alphabet</h2><ul><li>NVIDIA and Meta Deepen Their AI Alliance—and the Spending Numbers Are Enormous</li></ul>In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business's stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the firm's stock in a transaction on Friday, February 13th. The shares were sold at an average price of $306.73, for a total transaction of $184,038.00. Following the completion of the transaction, the director owned 20,624 shares in the company, valued at $6,325,999.52. The trade was a 2.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,112,482 shares of company stock worth $119,145,289. 12.99% of the stock is currently owned by company insiders. <h2>Alphabet Stock Up 3.7%</h2>Alphabet stock opened at $314.90 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $350.15. The firm's fifty day simple moving average is $320.95 and its 200-day simple moving average is $279.50. The company has a market capitalization of $3.81 trillion, a P/E ratio of 29.13, a P/E/G ratio of 1.85 and a beta of 1.10. Alphabet (NASDAQ:GOOG - Get Free Report) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS 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 firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the prior year, the business posted $2.15 earnings per share. The business's quarterly revenue was up 18.0% on a year-over-year basis. Sell-side analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year. <h2>Alphabet Dividend Announcement</h2>The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet's dividend payout ratio (DPR) is presently 7.77%. <h2>Alphabet Company Profile</h2> (Free Report)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 &#34;Other Bets.&#34; 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.<h2>Further Reading</h2><ul><li>Five stocks we like better than Alphabet</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li><li>Gold $5,000: The 2026 Gold &amp; Silver Summit is LIVE March 4</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>This makes me furious</li><li>Elon Musk: This Could Turn $100 into $100,000</li></ul><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PRw"/>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.<h2>Should You Invest $1,000 in Alphabet Right Now?</h2>Before you consider Alphabet, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphabet wasn't on the list.While Alphabet currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here </div>

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Axxcess Wealth Management LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 15.8% in Q3, now holding 99,933 shares valued at $22.60 million. Other institutional investors, including Norges Bank and JPMorgan Chase, have also adjusted their positions in Alphabet. Analysts maintain a positive outlook, with several upgrades and a consensus "Buy" rating. Recent news highlights include increased institutional buying and positive sentiment around Alphabet's AI initiatives, despite some negative signals from insider selling and legal risks.

- Axxcess Wealth Management LLC reduced its holdings in Alphabet Inc. by 15.8% during Q3, owning 99,933 shares valued at $22.6 million.  
- Institutional investors show varied interest, with Norges Bank acquiring a stake worth $4.3 billion, while others like JPMorgan and Vanguard increased their positions significantly.  
- Alphabet's stock has received positive analyst ratings, with a consensus "Buy" rating and price target of $343.90, amid notable developments in AI and cloud partnerships that may bolster long-term growth.

Axxcess Wealth Management LLC Has $22.60 Million Stock Position in Alphabet Inc. $GOOG