Alphabet Inc. $GOOGL Holdings Reduced by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. decreased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 18.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,014 shares of the information services provider’s stock after selling 18,704 shares during the quarter. Alphabet makes up about 2.5% of EFG Asset Management North America Corp.’s portfolio, making the stock its 3rd biggest holding. EFG Asset Management North America Corp.’s holdings in Alphabet were worth $19,449,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bensler LLC lifted its holdings in Alphabet by 2.3% in the third quarter. Bensler LLC now owns 115,813 shares of the information services provider’s stock valued at $28,154,000 after acquiring an additional 2,649 shares during the last quarter. KPP Advisory Services LLC raised its position in Alphabet by 9.5% in the third quarter. KPP Advisory Services LLC now owns 21,088 shares of the information services provider’s stock valued at $5,126,000 after purchasing an additional 1,832 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Alphabet in the 3rd quarter valued at $53,000. Human Investing LLC grew its holdings in shares of Alphabet by 12.0% during the 3rd quarter. Human Investing LLC now owns 6,178 shares of the information services provider’s stock worth $1,502,000 after purchasing an additional 662 shares during the period. Finally, Belpointe Asset Management LLC grew its holdings in shares of Alphabet by 5.4% during the 3rd quarter. Belpointe Asset Management LLC now owns 72,608 shares of the information services provider’s stock worth $17,652,000 after purchasing an additional 3,740 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts boosted targets and reiterated buys, supporting upside case for growth from AI and cloud — Daiwa lifted its target to $380 and President Capital lifted its target as well. Daiwa raises price target on Alphabet
• Positive Sentiment: EU granted unconditional antitrust approval for Google’s $32B acquisition of Wiz, removing a major regulatory obstacle for the company’s largest deal and supporting cloud/security growth expectations. EU clears Wiz acquisition
• Positive Sentiment: Waymo expanded fully autonomous service in Nashville, signaling progress in commercializing a core long-term growth area beyond advertising. Waymo goes fully autonomous
• Neutral Sentiment: Alphabet increased the size of a multi-part debt sale (reports say the raise topped $30B) as demand strengthened — provides funding for AI infrastructure but raises questions about capital structure and long-duration liabilities. Alphabet boosts debt sale above $30B
• Neutral Sentiment: Company offered voluntary exit packages to some business-unit employees — could reduce costs but also reflects strategic reorganization and execution risk. Google offers buyouts to some staff
• Negative Sentiment: Report that Google handed personal and financial data on a student/journalist to ICE (via subpoena not approved by a judge) raises privacy/regulatory and reputational risk. Google sent student data to ICE
• Negative Sentiment: European Publishers Council filed an EU antitrust complaint about Google’s AI Overviews, adding regulatory pressure around search/AI monetization. Publishers file antitrust complaint
• Negative Sentiment: Autodesk sued Google over alleged trademark infringement for AI video tools and other legal skirmishes/consumer-safety litigation are piling up — added litigation risk. Autodesk sues Google
• Negative Sentiment: High-profile critics and some investors flagged Alphabet’s century‑long debt issuance as worrisome; public comments (e.g., Michael Burry posts) add negative market sentiment. Michael Burry warns on Google

Analyst Upgrades and Downgrades

Several brokerages have weighed in on GOOGL. Bank of America increased their target price on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Needham & Company LLC increased their price objective on shares of Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. BMO Capital Markets reissued an “outperform” rating and issued a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Wolfe Research upped their price target on Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a research note on Friday, January 23rd. Finally, Truist Financial set a $385.00 price target on Alphabet in a research report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $359.44.

Insider Transactions at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Arnold sold 102 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $340.00, for a total transaction of $34,680.00. Following the completion of the sale, the director directly owned 18,307 shares in the company, valued at approximately $6,224,380. This represents a 0.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,067,686 shares of company stock valued at $105,352,291 over the last quarter. Insiders own 11.55% of the company’s stock.

Alphabet Stock Down 1.8%

Shares of NASDAQ GOOGL opened at $318.57 on Wednesday. The stock has a market cap of $3.84 trillion, a P/E ratio of 29.47, a PEG ratio of 1.78 and a beta of 1.09. The business’s fifty day simple moving average is $321.85 and its 200-day simple moving average is $273.11. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. 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 (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, equities analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Alphabet Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.