Atria Investments Inc Purchases 4,891 Shares of Alphabet Inc. $GOOGL

Atria Investments Inc raised its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 312,605 shares of the information services provider’s stock after acquiring an additional 4,891 shares during the quarter. Alphabet comprises 0.9% of Atria Investments Inc’s investment portfolio, making the stock its 13th biggest holding. Atria Investments Inc’s holdings in Alphabet were worth $75,994,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Delta Asset Management LLC TN lifted its stake 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 valued at $1,496,000 after buying an additional 37 shares during the period. Matisse Capital increased its stake in shares of Alphabet by 0.3% in the 3rd quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock valued at $3,601,000 after acquiring an additional 38 shares in the last quarter. Breakwater Investment Management lifted its position 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 valued at $1,028,000 after acquiring an additional 41 shares during the period. Wealth Alliance Advisory Group LLC boosted its stake in Alphabet by 1.0% during the third quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after acquiring an additional 41 shares in the last quarter. Finally, Clearview Wealth Advisors LLC grew its holdings 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 worth $312,000 after purchasing an additional 41 shares during the period. 40.03% of the stock is owned by institutional investors.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the sale, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the 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 SEC filing for this sale provides additional information. 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 currently owned by corporate insiders.

Alphabet Trading Down 1.8%

NASDAQ GOOGL opened at $307.38 on Friday. 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 stock has a market capitalization of $3.72 trillion, a price-to-earnings ratio of 28.43, a PEG ratio of 1.84 and a beta of 1.09. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The business’s fifty day moving average is $320.89 and its 200-day moving average is $281.45.

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

Alphabet Dividend Announcement

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

Analyst Ratings Changes

GOOGL has been the topic of several research reports. Jefferies Financial Group upped their price objective on shares of Alphabet from $365.00 to $400.00 and gave the company a “buy” rating in a report on Monday, February 2nd. China Renaissance upped their price target on Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Pivotal Research raised their price objective on Alphabet from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Finally, Wedbush increased their target price on Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a 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 company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $366.57.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google struck a multibillion-dollar deal to rent its Tensor Processing Units to Meta, validating TPU demand and directly boosting Google Cloud/infra revenue potential. Google signs multibillion-dollar AI chip deal with Meta
• Positive Sentiment: Analyst coverage highlights accelerating Google Cloud growth, heavy AI-driven demand and a large backlog (~$240B cited), supporting faster revenue expansion and margin leverage from cloud services. AI Push Provides a Boost to GOOGL’s Cloud Business
• Positive Sentiment: Google launched Nano Banana 2, an upgraded AI image generator with faster speeds and better text rendering — another visible product that drives user engagement and showcases Gemini-era AI improvements. Google launches Nano Banana 2
• Positive Sentiment: Longer-term optionality from stakes and partnerships: coverage points to Alphabet’s meaningful Anthropic stake (equity upside + Google Cloud infra revenue) and other private holdings that could materially boost valuation if monetized. Alphabet’s Quiet Edge: The Hidden Assets Powering Its Run
• Positive Sentiment: Waymo is expanding testing to Chicago and Charlotte as it scales autonomous ride‑hailing — a revenue diversification story that supports the long-term “Other Bets” growth narrative. Waymo to begin testing in Chicago and Charlotte
• Neutral Sentiment: Alphabet folded robotics software unit Intrinsic into Google — operational consolidation that may speed commercialization but has limited near-term revenue impact. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
• Neutral Sentiment: Google reported disruption of a China-linked hacker network — positive for security posture and enterprise trust but unlikely to move near-term fundamentals. Google disrupts Chinese-linked hackers
• Negative Sentiment: EU regulatory pressure: Google is testing a new search layout to show rivals’ vertical results more prominently in Europe to try to avoid a fine — a change that could reduce some direct monetization in affected result types if broadly adopted. Google to test changes to search results as EU fine looms
• Negative Sentiment: Minor regional/legal friction: a small Russian fine was reported for distributing VPN apps — reputational/regulatory noise but immaterial to global results. Russia fines Google for distributing VPN services
• Negative Sentiment: Market signals: there were reports of insider selling and mixed analyst flows (price-target moves), which can prompt short-term profit-taking after a long GOOGL run. Alphabet Shares Down After Insider Selling

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.