Silvercrest Asset Management Group 13F: Cuts GOOG Stake by $3.2M

Silvercrest Trims Alphabet Holding

Silvercrest Asset Management Group trimmed its investment in Alphabet Inc. (NasdaqGS: GOOG) during the period, according to a Form 13F filing with the Securities and Exchange Commission. The firm sold 9,142 shares of the tech giant, which translates to a 1.1% decrease from its previous holdings. After the adjustment, the institutional investor owned 825,344 shares of the company. That stake carried a reported market value of $291,627,121.50 at the close of the reporting window.

Institutional filings like this one look backward at a prior period and may not reflect the firm's current portfolio. Investment managers regularly adjust holdings for portfolio rebalancing or risk management reasons without signaling a change in long-term outlook.

Alphabet Stock Performance and Valuation

Alphabet shares recently traded at $353.34. The company carries a market capitalization exceeding $4.2 trillion and a price-to-earnings ratio of 17.3. Its forward price-to-earnings ratio sits at 22.6. The stock has traded between a 52-week low of $244.67 and a high of $404.47, moving above both its 50-day moving average of $342.14 and its 200-day moving average of $338.86.

Recent Earnings and Financial Health

Alphabet reported solid fundamentals, including annual revenue of $445.87 billion alongside a revenue growth rate of 24.2%. The internet services provider generated an earnings per share figure of $19.93. Profitability metrics remained strong, with a net margin of 54.8% and a return on equity of 48.7%. The company's next quarterly financial results are scheduled for release on October 28, 2026.

Dividend Information

Alphabet pays an annual dividend yielding 0.26%, backed by a low payout ratio of 4.3%.

Wall Street Analyst Outlook

Analyst firms continue to cover the stock closely with generally positive views. On October 15, 2026, JP Morgan maintained an Overweight rating while lifting its price target to $425.00 from $420.00. UBS kept a Neutral rating on October 14, 2026, raising its target to $380.00 from $379.00. TD Cowen maintained a Buy rating on October 8, 2026, boosting its price target to $485.00 from $475.00. Overall, the stock holds a consensus recommendation of strong buy, supported by a mean price target of $420.79 across 14 analyst opinions.

Inside Google's Digital Operations

Alphabet Inc. operates through major business units including Google Services, Google Cloud, and Other Bets. The Google Services segment encompasses search engines, advertising networks, Android, Maps, YouTube, and hardware devices. The cloud division delivers enterprise infrastructure, cybersecurity, workspace productivity apps, and artificial intelligence solutions through platforms like Vertex AI and Gemini. Founded in 1998 and based in Mountain View, California, the company employs nearly 199,000 workers.

What to Watch at Alphabet Inc.

Investors tracking Silvercrest's moves and Alphabet's trajectory should monitor upcoming regulatory filings and the upcoming earnings report in late October. Institutional stakes shift frequently, and quarterly disclosures provide a snapshot of how large managers navigate shifting valuations across the technology sector.