Alps Advisors Inc. Sells 31,073 Shares of Alphabet Inc. $GOOGL

Alps Advisors Inc. reduced its position in Alphabet Inc. (NASDAQ:GOOGL) by 12.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 216,442 shares of the information services provider’s stock after selling 31,073 shares during the quarter. Alphabet makes up 0.3% of Alps Advisors Inc.’s portfolio, making the stock its 29th largest holding. Alps Advisors Inc.’s holdings in Alphabet were worth $52,617,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Financial Gravity Companies Inc. bought a new stake in Alphabet in the second quarter valued at $31,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet in the 3rd quarter valued at $53,000. Corsicana & Co. bought a new stake in shares of Alphabet in the 3rd quarter worth about $54,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after purchasing an additional 89 shares in the last quarter. Finally, S&T Bank PA lifted its holdings in Alphabet by 40.2% during the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 99 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.

Analysts Set New Price Targets

GOOGL has been the subject of several recent analyst reports. Wedbush raised their price objective on shares of Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Wells Fargo & Company set a $354.00 price objective on Alphabet and gave the company an “equal weight” rating in a research report on Thursday, February 5th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. HSBC lifted their price target on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Finally, Raymond James Financial raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Three research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $365.86.

Alphabet Trading Up 4.0%

Shares of NASDAQ GOOGL opened at $314.98 on Friday. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The firm has a market capitalization of $3.81 trillion, a P/E ratio of 29.14, a P/E/G ratio of 1.85 and a beta of 1.09. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The company’s 50 day simple moving average is $320.32 and its 200 day simple moving average is $278.88.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. On average, analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders 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 dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s payout ratio is presently 7.77%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strategic cloud partnerships expanding addressable market — Google announced a deal with Sea Ltd to build AI tools for e‑commerce and gaming, which supports Google Cloud revenue growth in Southeast Asia and demonstrates enterprise demand for its AI stack. Read More.
• Positive Sentiment: Product momentum — Google is rolling Gemini‑powered, music‑focused generative‑AI features (also showing up at competitors), indicating faster consumer AI adoption that could boost engagement and future monetization. Read More.
• Positive Sentiment: Institutional support & analyst upgrades — recent 13F activity and analyst price‑target increases (and MarketBeat coverage) signal long‑term investor conviction that can underpin the stock. Read More.
• Neutral Sentiment: AI infrastructure arms race — NVIDIA–Meta mega‑deal and hyperscaler capex plans validate AI demand but raise competitive and capital‑intensity questions for Google; this is demand‑positive but increases the investment bar. Read More.
• Neutral Sentiment: Alphabet exploring chip/partner strategies — WSJ reports Google is weighing ways to use its balance sheet to better compete with chip suppliers, a strategic move that could reduce long‑run costs or distract management depending on execution. Read More.
• Negative Sentiment: Insider selling — recent disclosed sales by CEO Sundar Pichai and senior exec John Kent Walker (multi‑million dollar sales) can sap near‑term sentiment even if routine for compensation/liquidity reasons. Read More. Read More.
• Negative Sentiment: Security/legal risk — indictment of three engineers accused of stealing Google trade secrets and sending data to Iran raises potential IP, litigation and reputational risks that investors will watch. Read More.
• Negative Sentiment: AI rotation/profit‑taking — some prominent managers have trimmed AI positions in recent 13F filings, which contributes to episodic pressure on hyperscaler multiples. Read More.

Insider Buying and Selling

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer directly owned 8,962 shares in the company, valued at $2,798,832.60. This trade represents a 23.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,112,482 shares of company stock valued at $119,145,289 over the last 90 days. 11.64% of the stock is owned by corporate insiders.

About Alphabet

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.