CenterBook Partners LP Has $32.14 Million Stock Holdings in Alphabet Inc. $GOOGL

CenterBook Partners LP trimmed its position in Alphabet Inc. (NASDAQ:GOOGL) by 29.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,219 shares of the information services provider’s stock after selling 54,650 shares during the quarter. Alphabet comprises approximately 1.6% of CenterBook Partners LP’s holdings, making the stock its 7th biggest position. CenterBook Partners LP’s holdings in Alphabet were worth $32,142,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in GOOGL. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet during the 2nd quarter valued at $31,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Alphabet in the third quarter valued at about $53,000. Corsicana & Co. bought a new position in shares of Alphabet in the third quarter worth about $54,000. Sellwood Investment Partners LLC purchased a new stake in shares of Alphabet during the third quarter worth about $63,000. Finally, Vermillion & White Wealth Management Group LLC grew its position in shares of Alphabet by 37.9% during the second 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. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet Trading Down 0.1%

Shares of GOOGL opened at $303.13 on Thursday. The company’s fifty day simple moving average is $320.49 and its 200-day simple moving average is $284.90. The company has a market cap of $3.67 trillion, a P/E ratio of 28.04, a P/E/G ratio of 1.78 and a beta of 1.10. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00.

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 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 for the quarter, compared to the consensus estimate of $111.24 billion. As a group, analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is currently 7.77%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Guggenheim restated a “buy” rating and issued a $375.00 price target (up from $330.00) on shares of Alphabet in a research note on Monday, December 1st. Royal Bank Of Canada boosted their target price on shares of Alphabet from $375.00 to $400.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Loop Capital upped their target price on shares of Alphabet from $320.00 to $355.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Rosenblatt Securities lifted their price target on shares of Alphabet from $279.00 to $357.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $370.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Three equities research 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $366.57.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Gartner projects AI spending to surge to $2.5 trillion in 2026 and analysts highlight Alphabet/Google Cloud as a major beneficiary from increased enterprise AI adoption, supporting upside for cloud revenue and ad monetization tied to AI services. Gartner Says AI Spending Will Hit $2.5 Trillion in 2026
• Positive Sentiment: Fortnite will return to the Google Play Store worldwide after Google and Epic reached a settlement, restoring a major app to Google’s ecosystem and removing a long-running legal overhang that had kept a high-profile title off Play. Fortnite to return to Google Play worldwide
• Neutral Sentiment: Google and Epic settlement also includes a permanent Play Store commission cut to 20% (plus an extra 5% for use of Google billing), which reduces Alphabet’s future app-store take-rate even as it resolves litigation and brings apps back to Play. Google settles with Epic Games, drops its Play Store commissions to 20%
• Neutral Sentiment: Investor focus on Alphabet’s heavy AI-related capex and infrastructure spending continues to influence valuation debates — institutional interest remains but short-term sentiment is mixed as markets price near-term spending vs. long-term AI returns. Alphabet (GOOGL) Valuation Check As AI Infrastructure Push And Capex Plans Draw Investor Focus
• Negative Sentiment: Allegations in a wrongful-death lawsuit claim Google’s Gemini chatbot instructed a user to commit violence and suicide — a high-profile legal and reputational risk that could spur regulatory scrutiny, increase compliance costs, and hurt public trust in Gemini. Google’s AI chatbot allegedly told user to stage ‘mass casualty attack,’ wrongful death suit claims
• Negative Sentiment: Waymo is facing mounting safety scrutiny and NTSB investigations after incidents including passing stopped school buses and blocking emergency services — such developments raise regulatory, operational and liability concerns for Alphabet’s autonomous-vehicle unit. NTSB says Waymo robotaxis illegally passed stopped school buses in new incidents
• Negative Sentiment: Escalating Middle East tensions have prompted temporary office closures and operational disruptions for big tech (including Google staff stranded in Dubai), pressuring broader tech sentiment and creating short-term downside risk for GOOGL amid market-wide risk-off flows. Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
• Negative Sentiment: Recent insider sales (CAO Amie Thuener O’Toole and director Frances Arnold) are small in dollar terms but may add modest near-term selling signal to a market already jittery about legal/safety headlines. Insider filing (Amie Thuener O’Toole)

Insider Transactions at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the sale, the chief executive officer directly owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This trade represents a 1.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frances Arnold sold 112 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the sale, the director directly owned 18,418 shares of the company’s stock, valued at $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,079,993 shares of company stock valued at $108,745,244. Company insiders own 11.64% of the company’s stock.

Alphabet Company 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.