Cornerstone Investment Partners LLC Reduces Holdings in Alphabet Inc. $GOOGL

Cornerstone Investment Partners LLC lessened its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 0.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 569,347 shares of the information services provider’s stock after selling 2,767 shares during the quarter. Alphabet accounts for 5.8% of Cornerstone Investment Partners LLC’s investment portfolio, making the stock its largest position. Cornerstone Investment Partners LLC’s holdings in Alphabet were worth $138,408,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GOOGL. Delta Asset Management LLC TN raised its position in Alphabet by 0.6% in the third quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock worth $1,496,000 after acquiring an additional 37 shares during the period. Matisse Capital increased its stake in shares of Alphabet by 0.3% during the 3rd 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 during the last quarter. Breakwater Investment Management increased its stake in shares of 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 purchasing an additional 41 shares during the last quarter. Wealth Alliance Advisory Group LLC raised its holdings in shares of Alphabet by 1.0% in the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after purchasing an additional 41 shares during the period. Finally, Clearview Wealth Advisors LLC lifted its stake in Alphabet by 3.3% in the third quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock valued at $312,000 after purchasing an additional 41 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Insider Activity

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 933 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total transaction of $314,001.15. Following the completion of the transaction, the chief accounting officer owned 9,916 shares in the company, valued at approximately $3,337,229.80. This trade represents a 8.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,112,482 shares of company stock worth $119,145,289. Company insiders own 11.64% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is folding its robotics-software unit Intrinsic into Google, signalling tighter integration of robotics/physical AI efforts and likely faster commercialization of automation tools. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
• Positive Sentiment: Waymo is expanding robotaxi testing to Chicago and Charlotte, accelerating route expansion and potential near-term revenue scale for Alphabet’s autonomous-vehicle unit. Waymo to begin testing in Chicago and Charlotte
• Positive Sentiment: Samsung’s S26 demonstrates deeper adoption of Google’s Gemini (autonomously operating third‑party apps), which supports Gemini’s distribution thesis and monetization pathway across devices. Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
• Positive Sentiment: Google announced a major 1.9GW clean-power backing for a new data center including a 100‑hour iron‑air battery — a long-duration storage deal that lowers carbon and energy risk for AI datacenter ops. Google’s new 1.9GW clean energy deal includes massive 100-hour battery
• Positive Sentiment: Loop Capital raised its GOOGL price target to $355, and Wells Fargo issued an upgrade — analyst support that can boost sentiment and flows into the stock. Loop Capital Boosts Alphabet (NASDAQ:GOOGL) Price Target to $355.00
• Positive Sentiment: Google says it disrupted a China‑linked hacking group that attacked dozens of organizations globally — a security win that reduces operational risk and demonstrates enterprise trustworthiness. Google disrupts Chinese-linked hackers that attacked 53 groups globally
• Neutral Sentiment: February short‑interest data in feeds appears erroneous (shows 0 shares / NaN changes); no clear short‑squeeze signal from that report. (data entry)
• Negative Sentiment: Regulatory pressure in Europe: Reuters reports Google will test showing rivals’ vertical search results more prominently to try to avoid an EU fine — highlights ongoing antitrust risk that can cap multiples. Exclusive: Google to test changes to search results, source says as EU fine looms
• Negative Sentiment: Russia fined Google ~22 million roubles (~$288k) over VPN distribution — a small hit monetarily but another reminder of geopolitical/legal friction in certain markets. Russia fines Google for distributing VPN services, TASS reports
• Negative Sentiment: Reports of insider selling were flagged in headlines, which can weigh on near‑term sentiment even if the transactions are not material to long‑term fundamentals. Alphabet (NASDAQ:GOOGL) Shares Down 1.1% After Insider Selling

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Cantor Fitzgerald restated an “overweight” rating and issued a $370.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Mizuho boosted their price objective on Alphabet from $400.00 to $410.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Rosenblatt Securities upped their price objective on shares of Alphabet from $279.00 to $357.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Arete Research lifted their target price on shares of Alphabet from $380.00 to $405.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, China Renaissance boosted their price target on shares of Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Three analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $366.57.

Alphabet Stock Performance

NASDAQ GOOGL opened at $313.00 on Thursday. The company’s 50 day simple moving average is $320.80 and its two-hundred day simple moving average is $281.27. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The stock has a market capitalization of $3.79 trillion, a PE ratio of 28.95, a P/E/G ratio of 1.82 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last released 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. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

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.