27,858 Shares in Alphabet Inc. $GOOG Acquired by a16z Perennial Management L.P.

a16z Perennial Management L.P. purchased a new position in Alphabet Inc. (NASDAQ:GOOG) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,858 shares of the information services provider’s stock, valued at approximately $6,778,000. Alphabet makes up approximately 0.4% of a16z Perennial Management L.P.’s portfolio, making the stock its 18th largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of GOOG. Brighton Jones LLC grew its holdings in Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after buying an additional 6,410 shares in the last quarter. Ignite Planners LLC increased its stake in Alphabet by 1.0% in the 2nd quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock valued at $2,697,000 after buying an additional 144 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in Alphabet by 6.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 140,320 shares of the information services provider’s stock valued at $24,891,000 after buying an additional 8,116 shares during the last quarter. Tranquility Partners LLC lifted its position in shares of Alphabet by 0.6% during the 2nd quarter. Tranquility Partners LLC now owns 14,578 shares of the information services provider’s stock worth $2,586,000 after buying an additional 90 shares in the last quarter. Finally, Sovereign Financial Group Inc. boosted its stake in shares of Alphabet by 0.6% in the 2nd quarter. Sovereign Financial Group Inc. now owns 58,542 shares of the information services provider’s stock worth $10,385,000 after buying an additional 369 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the transaction, the insider directly owned 42,972 shares in the company, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the completion of the sale, the chief executive officer directly owned 2,272,119 shares in the company, valued at $725,942,020.50. This represents a 1.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,069,864 shares of company stock valued at $105,985,041 over the last 90 days. 12.99% of the stock is owned by insiders.

Alphabet Trading Down 0.6%

Shares of Alphabet stock opened at $309.37 on Friday. The company’s 50-day moving average price is $322.20 and its 200-day moving average price is $274.25. 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 12-month low of $142.66 and a 12-month high of $350.15. The company has a market cap of $3.73 trillion, a price-to-earnings ratio of 28.62, a PEG ratio of 1.83 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (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 business had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. During the same period in the prior year, the company posted $2.15 EPS. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. On average, equities analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. BMO Capital Markets restated an “outperform” rating and set a $400.00 price objective on shares of Alphabet in a report on Thursday, February 5th. BNP Paribas Exane assumed coverage on shares of Alphabet in a research note on Monday, November 24th. They set an “outperform” rating for the company. Wolfe Research lifted their price target on shares of Alphabet from $290.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Finally, JPMorgan Chase & Co. raised their target price on Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Seven analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Alphabet currently has an average rating of “Buy” and an average target price of $343.90.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong AI & Cloud momentum — Google’s Gemini and cloud businesses continue to show rapid user and revenue growth, supporting the company’s long‑term monetization outlook and attracting bullish analyst coverage (Scotiabank recently raised its target). Scotiabank Maintains Outperform on Alphabet
• Positive Sentiment: New AI shopping monetization tests — Google is rolling shopping features into Search and Gemini, a direct path to monetize AI interactions (ads in AI responses). This supports medium‑term revenue upside as AI becomes an ad/shopping channel. Google Weaves New Shopping Feature Into Search and Gemini
• Positive Sentiment: Waymo deployment progress — Waymo’s rollout of next‑gen Ojai robotaxis improves execution visibility for Alphabet’s autonomy unit and shows continued non‑ad growth investments. Waymo begins deploying next-gen Ojai robotaxis
• Neutral Sentiment: Century bond demand — Alphabet’s rare 100‑year bond and a large multi‑currency debt package were heavily subscribed, showing investor appetite for long‑dated paper but raising questions about signal vs. financing choice. Coverage is mixed on whether this is a positive demand signal or a red flag about heavy AI funding. Why Alphabet’s 100-year sterling bond is raising new fears
• Neutral Sentiment: Institutional flows mixed — some funds (Egerton, Fisher) added positions while others trimmed. Large 13F moves and continued analyst buy ratings keep a structural buyer base but create near‑term rotation noise. Egerton opens new $338.5M GOOG position
• Negative Sentiment: EU antitrust probes into search ad auction practices — Reuters/Bloomberg report fresh EU investigations into Google’s ad auction/pricing practices in Europe, a direct regulatory risk to the core ad business and a catalyst for negative investor reaction. Google targeted by EU over search ad auction practices
• Negative Sentiment: CapEx and financing fears — heavy FY2026 capex guidance ($175–185B), a $31.5B bond program and the century bond have spooked some investors concerned about free‑cash‑flow pressure and dilution risk, which contributed to recent share weakness after earnings. Alphabet Drops 7% Post Q4 Earnings
• Negative Sentiment: Some big holders trimming — the Swiss National Bank and several funds have cut GOOGL exposure in recent filings, which can amplify downward pressure in the near term. Swiss National Bank reduces GOOGL holdings

Alphabet Company Profile

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 “Other Bets.” 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.