Alphabet Inc. $GOOGL Shares Purchased by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 5.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 152,050 shares of the information services provider’s stock after purchasing an additional 7,998 shares during the period. Alphabet comprises 3.1% of China Universal Asset Management Co. Ltd.’s portfolio, making the stock its 6th biggest holding. China Universal Asset Management Co. Ltd.’s holdings in Alphabet were worth $36,963,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Delta Asset Management LLC TN boosted its stake in Alphabet by 0.6% in the 3rd 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 in the last quarter. Matisse Capital lifted its holdings in shares of Alphabet by 0.3% during the third 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 during the period. Rialto Wealth Management LLC boosted its stake in shares of Alphabet by 1.7% in the 3rd quarter. Rialto Wealth Management LLC now owns 2,226 shares of the information services provider’s stock valued at $541,000 after purchasing an additional 38 shares in the last quarter. Hodges Capital Management Inc. grew its holdings in shares of Alphabet by 0.5% in the 3rd quarter. Hodges Capital Management Inc. now owns 6,963 shares of the information services provider’s stock worth $1,693,000 after purchasing an additional 38 shares during the last quarter. Finally, Avid Wealth Partners LLC increased its position in shares of Alphabet by 1.5% during the 3rd quarter. Avid Wealth Partners LLC now owns 2,714 shares of the information services provider’s stock worth $660,000 after purchasing an additional 40 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Alphabet

In related news, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the sale, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,112,493 shares of company stock valued at $118,605,094 over the last 90 days. Company insiders own 11.64% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large cloud commercial win — CVS will deploy an AI‑enabled health platform on Google Cloud, validating enterprise demand for recurring cloud/AI revenue and supporting the Google Cloud/Gemini growth story. CVS taps Google Cloud
• Positive Sentiment: AI partnership continuity — Google said Anthropic will remain available for non‑defense projects after DoD actions, limiting disruption to Alphabet’s access to Anthropic models and enterprise AI offerings. Google says Anthropic remains available
• Positive Sentiment: Analyst and institutional support — Robert W. Baird lifted its price target to $380 and other firms have boosted targets/ratings recently, reinforcing buy narratives and upside vs. the current price. Baird raises price target
• Neutral Sentiment: Small insider sales — filings show modest sales by a director and the CAO; routine disclosures that markets note but are not large enough to signal strategic conviction changes. SEC filing — insider sales
• Neutral Sentiment: Market commentary on recent pullback — coverage (e.g., Zacks) highlights the stock’s slide since earnings and asks whether it can rebound, offering investor viewpoints but no new company fundamentals. Zacks — can it rebound?
• Negative Sentiment: Legal/PR overhang: a wrongful‑death lawsuit alleges harmful guidance from the Gemini chatbot, raising potential liability, regulatory scrutiny and reputational risk for Alphabet’s core AI investment thesis. Gemini wrongful‑death lawsuit
• Negative Sentiment: Autonomous‑vehicle scrutiny — the NHTSA/NHTSA‑led safety forum and ongoing probes into Waymo incidents increase regulatory risk and operational uncertainty for the self‑driving unit. NHTSA self‑driving safety forum
• Negative Sentiment: App store revenue pressure — a settlement with Epic lowered Play Store commission rates (to ~20% + up to 5%), which could modestly reduce Play‑ecosystem take rates and near‑term revenue. Play Store commission cut
• Negative Sentiment: Macro/geopolitical pressure — recent tensions and tech pullbacks in affected markets (e.g., Dubai exposure) are weighing on large‑cap tech multiples, contributing to negative sentiment around GOOGL. Tech offices respond to U.S.-Iran tensions

Alphabet Trading Down 0.7%

Shares of GOOGL opened at $298.80 on Friday. The stock’s fifty day simple moving average is $319.93 and its 200-day simple moving average is $285.67. The firm has a market capitalization of $3.61 trillion, a PE ratio of 27.64, a price-to-earnings-growth ratio of 1.76 and a beta of 1.10. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

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

Alphabet Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on GOOGL shares. Pivotal Research boosted their price target on shares of Alphabet from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Citizens Jmp restated a “market outperform” rating and set a $385.00 price target on shares of Alphabet in a research report on Thursday, February 5th. New Street Research raised their price target on Alphabet from $330.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Bank of America lifted their price objective on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Finally, Piper Sandler reissued an “overweight” rating and issued a $395.00 price objective (up from $365.00) on shares of Alphabet in a research note on Thursday, February 5th. Three research 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $367.18.

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.