Alphabet Inc. $GOOG Shares Sold by Cim Investment Management Inc.

Cim Investment Management Inc. reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 50.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,689 shares of the information services provider’s stock after selling 18,117 shares during the period. Alphabet comprises 1.2% of Cim Investment Management Inc.’s investment portfolio, making the stock its 14th largest holding. Cim Investment Management Inc.’s holdings in Alphabet were worth $4,308,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Tradewinds LLC. increased its holdings in Alphabet by 2,134.8% during the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock worth $10,984,000 after purchasing an additional 43,080 shares during the period. Atlantic Union Bankshares Corp raised its position in Alphabet by 31.3% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock valued at $86,345,000 after purchasing an additional 84,553 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its stake in shares of Alphabet by 0.9% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock valued at $53,920,000 after buying an additional 2,009 shares during the period. CWA Asset Management Group LLC grew its position in shares of Alphabet by 2.2% during the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock worth $38,272,000 after buying an additional 3,444 shares in the last quarter. Finally, American National Bank of Texas acquired a new position in shares of Alphabet during the third quarter worth about $900,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the transaction, the chief executive officer owned 2,244,372 shares of the company’s stock, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,076,615 shares of company stock valued at $107,809,111. Company insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

GOOG has been the topic of several analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $400.00 target price on shares of Alphabet in a report on Thursday, February 5th. Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and boosted their price target for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Canaccord Genuity Group increased their price objective on shares of Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. TD Cowen reaffirmed a “buy” rating and set a $365.00 price objective (up from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Loop Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $345.71.

Alphabet Trading Up 1.6%

NASDAQ GOOG opened at $309.41 on Wednesday. The firm’s fifty day moving average is $319.00 and its two-hundred day moving average is $292.22. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market cap of $3.74 trillion, a PE ratio of 28.62, a P/E/G ratio of 1.78 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.15 earnings per share. Analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: MoffettNathanson reiterated a Buy rating and kept a $350 price target, citing robust YouTube monetization and positioning Alphabet as a top media/ad franchise—this typically supports investor confidence in revenue upside. MoffettNathanson Buy Rating
• Positive Sentiment: Alphabet paid a cash dividend ($0.21/share on March 16), signaling shareholder-friendly capital allocation and returning cash to investors—a direct positive for yield-seeking holders. Dividend Payout
• Positive Sentiment: Coverage highlighting Alphabet’s massive multi‑year investments (reported at ~$346B) is being framed as driving durable growth and scale benefits to the bottom line—supportive for long-term earnings expectations. $346B Investment Boost
• Neutral Sentiment: Reuters reports Google procurement teams in China are in talks to buy liquid cooling systems from Envicool and others—operational detail that may lower data‑center costs or raise supply/geopolitical considerations depending on outcomes. China Cooling Systems Talks
• Neutral Sentiment: Short‑interest data in the aggregated feed shows anomalous zeroes for March (likely a reporting/data issue); no clear signal for increased bearish bets from that metric today.
• Neutral Sentiment: Coverage of quantum computing competition (IBM vs. other players) notes Alphabet’s activity in the space but does not yet alter near‑term revenue—relevant for long‑range R&D narrative but not immediate earnings. Quantum Computing Landscape
• Negative Sentiment: European publishers and tech firms are pressing the EU to speed a probe and potential fine over Google Search self‑preferencing—an escalated regulatory risk that could hit search economics or lead to enforcement costs. EU Antitrust Pressure
• Negative Sentiment: Analyst commentary flags valuation concerns (mid‑20s P/E) and rising capex/margin pressure despite AI-driven growth—this frames upside as dependent on sustained margin recovery and execution. Valuation Concerns

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.