Chesapeake Asset Management LLC Has $1.34 Million Stock Holdings in Alphabet Inc. $GOOG

Chesapeake Asset Management LLC increased its position in Alphabet Inc. (NASDAQ:GOOG) by 803.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,253 shares of the information services provider’s stock after purchasing an additional 3,782 shares during the quarter. Alphabet makes up 1.1% of Chesapeake Asset Management LLC’s holdings, making the stock its 19th largest position. Chesapeake Asset Management LLC’s holdings in Alphabet were worth $1,335,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of GOOG. Genesis Private Wealth LLC increased its holdings in shares of Alphabet by 6.5% during the 4th quarter. Genesis Private Wealth LLC now owns 2,693 shares of the information services provider’s stock worth $845,000 after acquiring an additional 164 shares during the last quarter. Old Port Advisors lifted its holdings in Alphabet by 90.3% during the 4th quarter. Old Port Advisors now owns 1,768 shares of the information services provider’s stock valued at $555,000 after purchasing an additional 839 shares during the last quarter. Signet Financial Management LLC lifted its holdings in Alphabet by 1.0% during the 4th quarter. Signet Financial Management LLC now owns 64,284 shares of the information services provider’s stock valued at $20,172,000 after purchasing an additional 639 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC boosted its position in Alphabet by 14.6% during the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 5,063 shares of the information services provider’s stock worth $1,589,000 after purchasing an additional 644 shares during the period. Finally, Maridea Wealth Management LLC increased its holdings in shares of Alphabet by 13.3% in the fourth quarter. Maridea Wealth Management LLC now owns 35,745 shares of the information services provider’s stock valued at $11,217,000 after purchasing an additional 4,184 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a research report on Tuesday, January 20th. DA Davidson set a $300.00 target price on shares of Alphabet in a report on Tuesday, November 25th. Pivotal Research reiterated a “buy” rating and issued a $420.00 price target (up from $400.00) on shares of Alphabet in a research note on Thursday, February 5th. JPMorgan Chase & Co. increased their price target on shares of Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $375.00 price objective on shares of Alphabet in a research report on Thursday, January 15th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $345.71.

Insider Buying and Selling at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the 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 sale, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. This represents a 1.43% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 2,110,165 shares of company stock worth $118,134,117. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Down 3.3%

GOOG opened at $289.20 on Wednesday. The stock has a fifty day moving average of $316.04 and a 200-day moving average of $294.86. The company has a market capitalization of $3.50 trillion, a P/E ratio of 26.75, a P/E/G ratio of 1.75 and a beta of 1.10. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week 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.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating 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 business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the prior year, the company posted $2.15 earnings per share. Alphabet’s revenue was up 18.0% compared to the same quarter last year. On average, equities analysts expect that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently announced 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 dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind expands robotics AI work—Alphabet’s DeepMind will integrate Gemini Robotics foundation models with Agile Robots’ hardware, advancing robotics capabilities and supporting long‑term AI monetization and product leadership. Google partners with Agile Robots, growing its AI robotics footprint
• Positive Sentiment: Gemini commerce rollout—Gap will enable checkout inside Google’s Gemini, a sign that Alphabet is starting to capture direct commerce revenue and broaden Gemini’s commercial use cases. That supports the AI monetization narrative. Gap becomes the first major fashion company to offer checkout within Google’s Gemini
• Positive Sentiment: Analyst optimism remains—Wall Street price targets and buy ratings stay elevated (median targets well above the current price), which provides upside support over a multi‑month horizon. Alphabet Stock (GOOG) Opinions on Earnings Release
• Neutral Sentiment: Google Cloud business wins and partnerships—BMO/CME plan tokenized cash on Google Cloud and other enterprise collaborations continue to validate cloud demand, but revenue timing and margins will matter. BMO to launch tokenized cash platform with CME and Google Cloud
• Neutral Sentiment: New operational initiatives—Wing’s planned drone deliveries in the SF Bay Area and other hardware efforts show progress but will require continued capital and regulatory approvals. Alphabet’s Wing to start drone delivery in San Francisco Bay Area
• Neutral Sentiment: Operational constraints flagged—Alphabet executives warned the U.S. may need more power development to scale AI data centers, highlighting capex and infrastructure dependency. CERAWEEK US needs more energy development to power AI, Google president says
• Neutral Sentiment: Short‑interest reporting appears noisy—several data sources show large short‑interest changes but the published figures (0 shares) are likely reporting errors; treat short‑interest signals with caution.
• Negative Sentiment: Regulatory scrutiny—EU antitrust officials are meeting with Alphabet’s CEO amid growing scrutiny of Big Tech’s AI power, a near‑term headwind that can increase uncertainty and re‑rate multiples. EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny
• Negative Sentiment: Technical weakness—traders are pointing to a head‑and‑shoulders breakdown and failing support levels, which can amplify selling in the short term as algorithmic and momentum funds react. Alphabet Stock (GOOGL) Opinions on Technical Breakdown and AI Developments
• Negative Sentiment: Insider selling—public data shows significant insider sales by executives over recent months, which can be interpreted negatively by some investors even if sales are for diversification or compensation reasons. Alphabet Stock (GOOG) Opinions on Earnings Release

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.