Alphabet Inc. $GOOGL Shares Acquired by Fortis Capital Management LLC

Fortis Capital Management LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 21.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,914 shares of the information services provider’s stock after purchasing an additional 2,316 shares during the quarter. Fortis Capital Management LLC’s holdings in Alphabet were worth $3,139,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Financial Gravity Companies Inc. purchased a new position in Alphabet in the 2nd quarter valued at approximately $31,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Alphabet in the third quarter worth $53,000. Corsicana & Co. purchased a new stake in shares of Alphabet during the third quarter worth $54,000. Vermillion & White Wealth Management Group LLC increased 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 acquiring an additional 89 shares during the period. Finally, S&T Bank PA raised its stake in shares of Alphabet by 40.2% in the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after acquiring an additional 99 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Activity at Alphabet

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at $2,798,832.60. This trade represents a 23.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 2,112,493 shares of company stock valued at $118,605,094. Company insiders own 11.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on GOOGL. Deutsche Bank Aktiengesellschaft lifted their target price on Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Sanford C. Bernstein increased their price target on Alphabet from $305.00 to $335.00 and gave the company a “market perform” rating in a research report on Monday, February 2nd. Truist Financial set a $385.00 price objective on Alphabet in a research note on Thursday, February 5th. Stifel Nicolaus reissued a “buy” rating and set a $395.00 price objective (up from $346.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Wedbush upped their target price on shares of Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the company’s 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 Stock Up 2.6%

Shares of NASDAQ GOOGL opened at $306.36 on Tuesday. The business has a 50-day moving average of $319.79 and a two-hundred day moving average of $287.62. The company has a market capitalization of $3.71 trillion, a price-to-earnings ratio of 28.34, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10. 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.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data 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. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. On average, analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst and media coverage highlighting Alphabet’s AI progress and market outperformance helped lift sentiment — multiple headlines noted the stock outpaced the market and framed Google as a top AI investment. Alphabet (GOOGL) Exceeds Market Returns: Some Facts to Consider
• Positive Sentiment: Buy-side and retail commentary continues to position Alphabet as a core AI play (search monetization + enterprise AI/Gemini), supporting the rally and investor willingness to re-rate growth expectations. You Don’t Need Polymarket to Make a Winning Bet. Just Buy This AI Stock.
• Neutral Sentiment: Small-cap AI infrastructure startup news (Crafting) and other ecosystem activity remind investors that AI innovation is broadening, but these announcements have limited direct near-term impact on Alphabet’s fundamentals. Crafting Announces General Availability of Crafting for Agents and $5.5M Seed Round
• Neutral Sentiment: Reported short-interest figures are effectively zero in the recent snapshot (odd data point), meaning short squeezes look unlikely to be a direct driver right now.
• Negative Sentiment: Insider selling by Alphabet’s CEO — a disclosed sale of roughly $9.86M — can weigh on sentiment and is being noted by market participants as a near-term negative catalyst. Insider Selling: Alphabet (NASDAQ:GOOGL) CEO Sells $9,859,850.00 in Stock
• Negative Sentiment: Competitive pressure from Microsoft’s aggressive AI/cloud positioning (Anthropic/OpenAI partnerships, Azure demand) is a reigning concern for investors who weigh enterprise cloud share and model-agnostic infrastructure as a risk to Alphabet’s cloud/AI monetization runway.

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.