CCM Investment Advisers LLC Has $42.81 Million Stock Position in Alphabet Inc. $GOOGL

CCM Investment Advisers LLC lowered its stake in Alphabet Inc. (NASDAQ:GOOGL) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,768 shares of the information services provider’s stock after selling 10,150 shares during the period. Alphabet makes up approximately 4.1% of CCM Investment Advisers LLC’s investment portfolio, making the stock its biggest position. CCM Investment Advisers LLC’s holdings in Alphabet were worth $42,808,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GOOGL. PMV Capital Advisers LLC purchased a new position in shares of Alphabet in the 4th quarter worth approximately $38,000. Pilgrim Partners Asia Pte Ltd bought a new stake in Alphabet in the third quarter worth $53,000. iSAM Funds UK Ltd bought a new stake in Alphabet in the third quarter worth $53,000. Corsicana & Co. bought a new stake in Alphabet in the third quarter worth $54,000. Finally, Vermillion & White Wealth Management Group LLC boosted its stake in 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 buying an additional 89 shares during the period. 40.03% of the stock is owned by institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: TurboQuant AI compression positions Alphabet to cut AI infrastructure costs and extend its AI leadership, which could boost margins and reduce dependence on memory suppliers. Alphabet Just Introduced Its Newest AI Advantage, and It’s Another Reason to Buy the Stock
• Positive Sentiment: Analyst outlooks are supportive: a published price target increase to $397 signals upside from the sell-side and may provide buying interest. Alphabet (NASDAQ:GOOGL) Price Target Raised to $397.00
• Positive Sentiment: Needham reiterated a Buy rating, reinforcing institutional support and potentially limiting downside as some funds watch analyst guidance. Alphabet’s (GOOGL) Buy Rating Reiterated at Needham & Company LLC
• Positive Sentiment: Wall Street and independent finance experts remain broadly positive on end‑of‑2026 price prospects, supporting medium-term investor confidence. Finance experts predict Google stock price for end of 2026
• Neutral Sentiment: Last week’s near‑9% drop is partly market-driven (broader index weakness/geo‑political risk); however, Alphabet remains the top-performing Magnificent Seven name over 12 months and is the only peer above its 200‑day SMA — a mixed technical picture to monitor. After Falling Nearly 9% Last Week, Has Alphabet Lost Its Edge?
• Neutral Sentiment: CEO Sundar Pichai’s routine, pre‑planned sale of shares resurfaced in headlines but aligns with his historical pattern and is unlikely to signal new negative insider activity. After Falling Nearly 9% Last Week, Has Alphabet Lost Its Edge?
• Neutral Sentiment: High‑profile personnel moves (a former Google CMO left with a large equity package; Apple hired a Google shopping exec) are noteworthy for talent flow but are not immediate earnings drivers. Meet the ex-Google CMO who quit with a seven-figure package by 28 Apple Recruits Google Shopping Exec to Lead AI Marketing
• Negative Sentiment: Landmark social‑media addiction verdict found YouTube negligent, raising litigation risk and regulatory attention that could increase legal costs or policy constraints over time. Meta and Google lost a major social media addiction lawsuit
• Negative Sentiment: Large portfolio moves by Ark Invest (sales of Alphabet shares) add selling pressure and can amplify downside during volatile sessions. Cathie Wood Going Cold On Big Tech? Ark Sells Nvidia, AMD, Meta And Google Stock
• Negative Sentiment: Poaching of senior product marketing talent by rivals (Apple) highlights competition for AI marketing expertise and could modestly pressure execution in consumer/ads initiatives. Apple Recruits Google Shopping Exec to Lead AI Marketing

Alphabet Stock Performance

Shares of GOOGL stock opened at $273.50 on Tuesday. The firm has a market cap of $3.31 trillion, a price-to-earnings ratio of 25.30, a PEG ratio of 1.61 and a beta of 1.10. Alphabet Inc. has a 52-week low of $140.53 and a 52-week 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. The company’s 50 day moving average is $311.94 and its 200 day moving average is $295.63.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The company 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%. On average, sell-side analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid 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 7.77%.

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction dated 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 approximately $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the completion of the sale, the chief executive officer owned 1,642,060 shares in the company, valued at $505,573,853.40. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,092,336 shares of company stock valued at $112,519,943 over the last 90 days. Company insiders own 11.55% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Pivotal Research boosted their price objective 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. Wolfe Research lifted their price target on shares of Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a research note on Friday, January 23rd. Bank of America upped their price target on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Tigress Financial set a $415.00 price objective on shares of Alphabet and gave the stock a “strong-buy” rating in a research report on Thursday, February 19th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a research note on Monday, February 9th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $368.06.

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.