Avity Investment Management Inc. Sells 2,181 Shares of Alphabet Inc. $GOOG

Avity Investment Management Inc. decreased its holdings in Alphabet Inc. (NASDAQ:GOOG) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 195,568 shares of the information services provider’s stock after selling 2,181 shares during the quarter. Alphabet makes up 3.3% of Avity Investment Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Avity Investment Management Inc.’s holdings in Alphabet were worth $47,631,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Morse Asset Management Inc grew its position in shares of Alphabet by 3.3% in the 3rd quarter. Morse Asset Management Inc now owns 1,093 shares of the information services provider’s stock valued at $266,000 after buying an additional 35 shares during the last quarter. Robinson Smith Wealth Advisors LLC boosted its position in shares of Alphabet by 1.8% during the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock valued at $504,000 after purchasing an additional 36 shares in the last quarter. Searle & CO. boosted its position in shares of Alphabet by 0.6% during the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock valued at $1,389,000 after purchasing an additional 36 shares in the last quarter. Navellier & Associates Inc. grew its stake in Alphabet by 0.6% during the third quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock worth $1,424,000 after purchasing an additional 36 shares during the period. Finally, BankPlus Wealth Management LLC grew its stake in Alphabet by 1.2% during the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock worth $766,000 after purchasing an additional 37 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Key Alphabet News

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 Stock Performance

NASDAQ GOOG opened at $309.41 on Wednesday. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15. 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 company has a fifty day moving average price of $319.00 and a 200-day moving average price of $292.22. The firm has a market cap of $3.74 trillion, a price-to-earnings ratio of 28.62, a PEG ratio of 1.78 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter last year, the firm earned $2.15 EPS. The company’s quarterly revenue was up 18.0% compared to the same quarter last year. As a group, equities research analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

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

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares in the company, valued at $2,955,564. This represents a 8.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the transaction, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. This trade represents a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,076,615 shares of company stock worth $107,809,111 in the last ninety days. Company insiders own 12.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on GOOG shares. Oppenheimer reissued an “outperform” rating and issued a $360.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Loop Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Scotiabank reaffirmed an “outperform” rating and issued a $400.00 target price (up from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Guggenheim reaffirmed a “buy” rating and set a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. Finally, KeyCorp set a $370.00 price objective on Alphabet in a research note on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $345.71.

Alphabet 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.