Alphabet Inc. $GOOG is AMI Investment Management Inc.’s 8th Largest Position

AMI Investment Management Inc. trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 42,200 shares of the information services provider’s stock after selling 2,988 shares during the period. Alphabet comprises about 3.0% of AMI Investment Management Inc.’s portfolio, making the stock its 8th biggest position. AMI Investment Management Inc.’s holdings in Alphabet were worth $13,242,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GOOG. State Street Corp increased its position in shares of Alphabet by 1.3% in the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock valued at $33,511,477,000 after purchasing an additional 2,428,266 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock worth $24,240,469,000 after purchasing an additional 7,904,434 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of Alphabet by 5.8% during the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock worth $9,749,864,000 after purchasing an additional 2,209,203 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Alphabet by 0.7% during the third quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock worth $7,935,671,000 after purchasing an additional 223,743 shares in the last quarter. Finally, Capital World Investors increased its holdings in Alphabet by 1.9% in the third quarter. Capital World Investors now owns 28,625,464 shares of the information services provider’s stock valued at $6,971,769,000 after buying an additional 539,679 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Price Performance

Shares of GOOG opened at $294.90 on Thursday. 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 Inc. has a 1-year low of $142.66 and a 1-year high of $350.15. The stock has a market cap of $3.57 trillion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 1.76 and a beta of 1.13. The firm has a fifty day moving average price of $310.41 and a 200 day moving average price of $296.32.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same quarter last year, the company posted $2.15 earnings per share. The business’s quarterly revenue was up 18.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The company also recently declared 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 yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GOOG. Needham & Company LLC set a $400.00 price target on Alphabet and gave the company a “buy” rating in a research note on Friday, March 13th. JPMorgan Chase & Co. upped their price objective on Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating and issued a $400.00 price objective on shares of Alphabet in a report on Thursday, February 5th. DZ Bank raised Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $345.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $345.71.

Insider Activity at Alphabet

In other Alphabet 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 is available at this link. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the sale, the director directly owned 4,631 shares of the company’s stock, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,092,234 shares of company stock valued at $112,487,971 over the last 90 days. 12.99% of the stock is owned by insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wall Street bullishness — analysts have raised or reiterated high price targets (Wells Fargo lift tied to Google Cloud monetization; Needham reaffirmed a $400 target), supporting upside expectations for GOOG. Wells Fargo Raises PT on Alphabet Needham Reiterates Buy
• Positive Sentiment: Institutional and notable investor interest — long‑running D. E. Shaw position and reported bets from prominent investors (e.g., Paul Tudor Jones, Stanley Druckenmiller) are read as confidence in Alphabet’s AI/cloud growth story. D. E. Shaw Is Bullish
• Positive Sentiment: AI product & efficiency catalysts — launches and upgrades (Veo 3.1 Lite, Lyria 3 Pro) plus claims of large memory‑efficiency gains (TurboQuant) improve competitive positioning and lower AI operating costs, which supports Google Cloud margins and investor sentiment. Veo 3.1 Lite Lyria 3 Pro AI efficiency / market reaction
• Positive Sentiment: Macro / flow support — broad risk‑on session and gains in tech heavy ETFs (QQQ, SPY contributors) are lifting mega‑caps like GOOG as index momentum and passive flows benefit large holdings. ETF/Index flow contribution
• Neutral Sentiment: Longer‑term cloud/ad market tailwinds — coverage pieces highlight Google Cloud’s rapid revenue/backlog growth and a secular rise in digital ad spend, which are supportive fundamentals but are already priced in to some extent. Digital ad spend theme Cloud & AI infra context
• Neutral Sentiment: New hardware/service experiments (e.g., screenless Fitbit band with subscription model) point to product diversification but are early stage for revenue impact. Fitbit band report
• Negative Sentiment: Regulatory and content risks — groups of child‑development experts and some governments are pressing Google/YouTube over AI‑generated content for kids; Indonesia has summoned Google over child social media curbs — these raise reputational and compliance risk for YouTube monetization. Experts urge YouTube action Indonesia summons Google
• Negative Sentiment: Legal worries & insider selling — ongoing legal headlines and repeated insider sales (documented filings) create short‑term volatility and investor caution. Legal woes piece Insider sale

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.