Cookson Peirce & Co. Inc. Acquires 138,648 Shares of Alphabet Inc. $GOOGL

Cookson Peirce & Co. Inc. boosted its stake in Alphabet Inc. (NASDAQ:GOOGL) by 3,366.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 142,766 shares of the information services provider’s stock after purchasing an additional 138,648 shares during the period. Alphabet comprises 1.4% of Cookson Peirce & Co. Inc.’s investment portfolio, making the stock its 22nd largest position. Cookson Peirce & Co. Inc.’s holdings in Alphabet were worth $34,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in GOOGL. Avid Wealth Partners LLC increased its holdings in Alphabet by 1.5% during the 3rd quarter. Avid Wealth Partners LLC now owns 2,714 shares of the information services provider’s stock valued at $660,000 after purchasing an additional 40 shares during the period. Aspire Capital Advisors LLC boosted its stake in Alphabet by 2.4% in the 3rd quarter. Aspire Capital Advisors LLC now owns 6,771 shares of the information services provider’s stock worth $1,646,000 after purchasing an additional 161 shares in the last quarter. Acorn Creek Capital LLC increased its stake in Alphabet by 3.9% during the 3rd quarter. Acorn Creek Capital LLC now owns 3,190 shares of the information services provider’s stock valued at $776,000 after purchasing an additional 120 shares in the last quarter. Columbia Bank lifted its stake in shares of Alphabet by 2.1% in the third quarter. Columbia Bank now owns 50,602 shares of the information services provider’s stock worth $12,703,000 after buying an additional 1,042 shares in the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of Alphabet during the third quarter valued at approximately $277,000. Institutional investors own 40.03% of the company’s stock.

Alphabet Stock Performance

NASDAQ:GOOGL opened at $311.76 on Friday. The company has a market cap of $3.77 trillion, a price-to-earnings ratio of 28.84, a PEG ratio of 1.80 and a beta of 1.09. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. 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’s 50 day simple moving average is $320.99 and its two-hundred day simple moving average is $282.22.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The business had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. As a group, equities analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid 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 of this dividend is Monday, March 9th. Alphabet’s payout ratio is currently 7.77%.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a report on Monday, February 9th. Roth Mkm lifted their price target on shares of Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. DA Davidson boosted their price objective on shares of Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. President Capital lifted their target price on shares of Alphabet from $323.00 to $375.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, Piper Sandler reissued an “overweight” rating and set a $395.00 price target (up from $365.00) on shares of Alphabet in a report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $366.57.

Insider Transactions at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 933 shares of the firm’s stock in a transaction 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 transaction, the chief accounting officer directly owned 9,916 shares in the company, valued at $3,337,229.80. This trade represents a 8.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,112,482 shares of company stock valued at $119,145,289 in the last ninety days. Corporate insiders own 11.64% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: MarketBeat highlights Alphabet’s “quiet edge” — big hidden assets (14% stake in Anthropic, an early SpaceX stake and massive device distribution) that amplify AI and cloud upside beyond Search and YouTube. Alphabet’s Quiet Edge: The Hidden Assets Powering Its Run
• Positive Sentiment: South Korea approved Google’s request to export high‑precision map data — clears a major market access barrier for Google Maps and mapping-related revenue/opportunity in Korea. South Korea approves Google bid to export high-precision map data
• Positive Sentiment: Reports say Meta will rent Google’s TPU AI chips for model training — validation of Google’s AI infrastructure business and a potential multi‑billion revenue stream for cloud/TPU services. Google signs multibillion-dollar AI chip deal with Meta, Information reports
• Positive Sentiment: Alphabet folded robotics unit Intrinsic into Google and signals Gemini may power next‑gen robots — deepens AI product integration and expands commercial AI addressable market. Alphabet’s robotics platform Intrinsic joins Google to support AI models
• Positive Sentiment: Google launched Nano Banana 2 (image‑generation model) with faster, better outputs — product improvements that help retain user engagement across AI services. Google rolls out Nano Banana 2
• Positive Sentiment: Billionaire Stanley Druckenmiller increased his Alphabet stake again — a notable institutional vote of confidence often read positively by the market. Druckenmiller Piled Into Alphabet
• Neutral Sentiment: Zacks and other analyst pieces reiterate Alphabet’s AI‑fueled edge in Search and Cloud vs. Meta, reinforcing the consensus growth story but not changing near‑term guidance. Meta Platforms vs. Alphabet: Which Digital Ad Behemoth Has an Edge?
• Neutral Sentiment: Waymo’s planned expansion toward Chicago signals long‑term commercialization progress but remains a multi‑year revenue story rather than an immediate profit driver. Waymo to bring driverless cars to Chicago
• Negative Sentiment: Belgian competition watchdog opened a probe into Google’s online ad pricing practices — regulatory and legal risk that could pressure ad revenue or require business changes. Belgian watchdog opens probe into Google’s online ad price practices
• Negative Sentiment: Internal tensions: 100+ Google AI employees urged limits on some military uses of Gemini, highlighting governance/ethical frictions that could complicate product deployment and public perception. Google Workers Seek ‘Red Lines’ on Military A.I.
• Negative Sentiment: Schaeffer’s options commentary warns bulls to watch for faltering action and offers a trade for subscribers — a signal some traders are positioning for short‑term downside or increased volatility. Bulls Should Keep Watch on Faltering Alphabet Stock

Alphabet Profile

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.