Global Trust Asset Management LLC Sells 2,016 Shares of Alphabet Inc. $GOOG

Global Trust Asset Management LLC reduced its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 13.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,276 shares of the information services provider’s stock after selling 2,016 shares during the quarter. Alphabet accounts for about 1.6% of Global Trust Asset Management LLC’s investment portfolio, making the stock its 16th biggest holding. Global Trust Asset Management LLC’s holdings in Alphabet were worth $4,166,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GOOG. JPMorgan Chase & Co. increased its stake in Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after purchasing an additional 7,904,434 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Alphabet by 73.5% in the third quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock worth $2,388,775,000 after acquiring an additional 4,154,929 shares during the period. Danske Bank A S bought a new stake in shares of Alphabet in the third quarter worth approximately $678,198,000. Holocene Advisors LP bought a new stake in shares of Alphabet in the second quarter worth approximately $455,745,000. Finally, Alliancebernstein L.P. grew its stake in shares of Alphabet by 5.8% in the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock worth $9,749,864,000 after acquiring an additional 2,209,203 shares during the period. 27.26% of the stock is currently owned by institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Expanded AI infrastructure partnerships — Google deepened multi-year deals with Intel (and broader TPU/partner deals with Broadcom/Anthropic), locking in multi‑generation chips and networking supply for its AI data centers, which supports Google Cloud capacity, cost control and enterprise AI revenue. Google and Intel deepen AI infrastructure partnership
• Positive Sentiment: Broadcom/Broad AI supply visibility — reports show renewed long‑term TPU/networking agreements tying Broadcom to Google and Anthropic, reinforcing Alphabet’s access to custom AI compute and signaling durable infrastructure demand. Broadcom Locks in Multi-Year AI Wins With Google and Anthropic
• Positive Sentiment: Google Cloud momentum — multiple writeups highlight ~50% cloud growth, a $240B cloud backlog and stronger monetization via Gemini/TPUs, underscoring a durable, high‑margin growth engine for Alphabet. Forget Google Search: This Business Is Alphabet’s Real Growth Story
• Positive Sentiment: Product and commercialization wins — new privacy/cookie protection features and consumer AI rollouts (Google Finance overhaul, Waymo geographic expansion, Wing drone moves) keep multiple monetization levers active for ads, cloud and emerging businesses. Google Stock (GOOGL) Is Soaring. It’s Taking Cookies Seriously Again
• Neutral Sentiment: Analyst activity is mixed — some firms (e.g., William O’Neil) reinstated Buy coverage highlighting long‑term optionality (Waymo, AI), while other market notes simply group GOOGL among Magnificent Seven buy opportunities tied to broader rotation. William O’Neil Reinstates Alphabet With a Buy
• Negative Sentiment: Valuation and margin concerns — some analysts rate Alphabet as a Hold, arguing the stock already prices near‑perfect execution (forward PEG elevated vs. peers) and noting near‑term margin compression risks despite strong fundamentals. Alphabet Stock Defies AI’s Gravity
• Negative Sentiment: Portfolio rebalancing / sales — reports of funds trimming or selling (e.g., TCW fund) over valuation criteria show pockets of supply that could pressure near‑term trading despite the positive newsflow. TCW Fund Sold Alphabet After Meeting Valuation Characteristics

Alphabet Stock Performance

Shares of GOOG stock opened at $316.37 on Friday. The company has a 50 day moving average price of $306.78 and a 200-day moving average price of $298.16. 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 firm has a market capitalization of $3.83 trillion, a PE ratio of 29.27, a P/E/G ratio of 1.95 and a beta of 1.13. Alphabet Inc. has a 52 week low of $148.40 and a 52 week high of $350.15.

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

Alphabet Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Cantor Fitzgerald reiterated a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. TD Cowen reiterated a “buy” rating and issued a $365.00 price target (up from $355.00) on shares of Alphabet in a research note on Thursday, February 5th. Piper Sandler reiterated an “overweight” rating and issued a $395.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Finally, Needham & Company LLC set a $400.00 price target on shares of Alphabet and gave the stock a “buy” rating in a research note on Friday, March 13th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Alphabet currently has an average rating of “Buy” and an average price target of $345.71.

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 112 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares in the company, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 1,642,060 shares of the company’s stock, valued at $505,573,853.40. This trade represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,069,344 shares of company stock valued at $104,708,426 in the last three months. Corporate insiders own 12.99% of the company’s stock.

About Alphabet

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.