Convergence Investment Partners LLC Has $8.80 Million Stock Position in Alphabet Inc. $GOOGL

Posted by Defense World Staff on Feb 17th, 2026

Convergence Investment Partners LLC decreased its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 14.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 36,193 shares of the information services provider’s stock after selling 5,883 shares during the quarter. Alphabet accounts for approximately 2.0% of Convergence Investment Partners LLC’s holdings, making the stock its 4th biggest holding. Convergence Investment Partners LLC’s holdings in Alphabet were worth $8,799,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in GOOGL. Matisse Capital lifted its position in shares of Alphabet by 0.3% during the third quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock worth $3,601,000 after purchasing an additional 38 shares in the last quarter. Breakwater Investment Management lifted its holdings in Alphabet by 1.0% during the 3rd quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock worth $1,028,000 after buying an additional 41 shares in the last quarter. Wealth Alliance Advisory Group LLC lifted its holdings in Alphabet by 1.0% during the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after buying an additional 41 shares in the last quarter. Clearview Wealth Advisors LLC boosted its position in Alphabet by 3.3% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock valued at $312,000 after buying an additional 41 shares during the last quarter. Finally, Fonville Wealth Management LLC increased its stake in shares of Alphabet by 0.7% in the 3rd quarter. Fonville Wealth Management LLC now owns 6,078 shares of the information services provider’s stock valued at $1,478,000 after buying an additional 41 shares during the period. 40.03% of the stock is owned by institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google Cloud reported a 48% year‑over‑year revenue surge, highlighting strong enterprise demand and accelerating monetization of AI — a major fundamental tailwind for long‑term revenue growth. Google (GOOGL) Cloud Revenue Just Surged 48% And May Have Delivered Knockout Blow To OpenAI
Positive Sentiment: Some analysts remain constructive — a recent note set a $348 price target for Google, signaling analyst confidence that the pullback could be temporary and implying meaningful upside from current levels. Analysts Set $348 Target for Google After February Dip
Positive Sentiment: DZ Bank reiterated a “buy” rating, adding institutional endorsement to the view that Alphabet’s AI and cloud investments justify a buy‑and‑hold stance. Alphabet C: DZ Bank Reiterates Its ‘Buy’ Rating
Neutral Sentiment: MarketBeat frames the recent share pullback as a potential buying opportunity: fundamentals (ad/search strength, cloud momentum, Gemini user growth) remain intact, but technical/support levels near $300–$280 will be watched for confirmation. Alphabet’s Pullback: A Second Chance for Long-Term Investors?
Neutral Sentiment: Alphabet leadership (CEO Sundar Pichai) is scheduled to attend a major AI summit in India alongside other industry CEOs — visibility at the event supports long‑term strategic positioning but is unlikely to move near‑term stock direction by itself. Huang and Pichai among tech CEOs heading to India for major AI summit in a key market
Neutral Sentiment: Reported short‑interest data in February is noisy/ambiguous (reported as zero/inconsistent), so there’s no clear sign that a significant short‑squeeze dynamic is influencing today’s move.
Negative Sentiment: U.K. officials announced tougher online‑safety rules aimed at protecting children that could increase compliance costs and constrain how chatbots and AI products are deployed in Europe — a regulatory risk for AI product rollout and monetization. AI chatbot firms face stricter regulation in online safety laws protecting children in the UK
Negative Sentiment: Competitive product launches (e.g., Claude Cowork) have been cited in some coverage as a short‑term headwind for sentiment, dragging shares as investors assess market share and monetization risks for Gemini vs. rival models. 1 Artificial Intelligence (AI) Stock Investors Are Buying on the Dip

Alphabet Stock Down 1.1%

NASDAQ:GOOGL opened at $305.72 on Tuesday. The stock has a 50-day simple moving average of $321.03 and a 200 day simple moving average of $276.31. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a market cap of $3.70 trillion, a PE ratio of 28.28, a PEG ratio of 1.79 and a beta of 1.09. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. On average, sell-side analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Insider Activity at Alphabet

In related news, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the sale, the insider directly owned 42,972 shares in the company, valued at $13,531,453.08. The trade was a 29.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders have sold 2,064,308 shares of company stock valued at $104,383,469 in the last ninety days. Company insiders own 11.55% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on GOOGL. Pivotal Research raised their price target on Alphabet from $400.00 to $420.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Citic Securities raised their target price on shares of Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Citizens Jmp reiterated a “market outperform” rating and set a $385.00 price target on shares of Alphabet in a research report on Thursday, February 5th. President Capital increased their price objective on shares of Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Susquehanna lifted their target price on shares of Alphabet from $225.00 to $350.00 and gave the stock a “positive” rating in a report on Thursday, October 30th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $361.64.

Get Our Latest Stock Analysis on GOOGL

About Alphabet

(Free Report)

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.