Alphabet Inc. $GOOG Shares Sold by JCIC Asset Management Inc.

JCIC Asset Management Inc. decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 92,415 shares of the information services provider’s stock after selling 1,555 shares during the period. Alphabet makes up approximately 8.9% of JCIC Asset Management Inc.’s holdings, making the stock its largest position. JCIC Asset Management Inc.’s holdings in Alphabet were worth $29,000,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Tradewinds LLC. boosted its stake in shares of Alphabet by 2,134.8% during the third quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock worth $10,984,000 after buying an additional 43,080 shares during the period. Kathmere Capital Management LLC boosted its stake in shares of Alphabet by 8.5% during the fourth quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock worth $9,381,000 after buying an additional 2,341 shares during the period. Atlantic Union Bankshares Corp boosted its stake in shares of Alphabet by 31.3% during the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after buying an additional 84,553 shares during the period. Baltimore Washington Financial Advisors Inc. lifted its stake in shares of Alphabet by 0.9% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock worth $53,920,000 after acquiring an additional 2,009 shares during the period. Finally, CWA Asset Management Group LLC lifted its stake in shares of Alphabet by 2.2% in the 3rd quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock worth $38,272,000 after acquiring an additional 3,444 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 112 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the sale, the director directly owned 18,418 shares of the company’s stock, valued at $5,580,469.82. This trade represents a 0.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the sale, the chief executive officer directly 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 SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 2,068,744 shares of company stock valued at $104,505,914. Corporate insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on GOOG. Jefferies Financial Group restated a “buy” rating and issued a $365.00 target price on shares of Alphabet in a research note on Monday, January 5th. Phillip Securities downgraded Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research note on Wednesday. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Oppenheimer reissued an “outperform” rating and set a $360.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Eight analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average target price of $346.03.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is in talks with the U.S. Department of Defense to allow its Gemini models in classified systems — a potential large, high‑margin enterprise/government revenue stream and a validation of Gemini for sensitive use cases. Article Title
• Positive Sentiment: NiSource signed a long‑term power supply deal to support an Alphabet data center in Indiana — reduces energy execution risk for hyperscale operations and supports capacity buildout. Article Title
• Positive Sentiment: Institutional buying: SG Americas disclosed a large addition of GOOGL shares in its 13F — signals demand from a major broker‑dealer fund and supports momentum. Article Title
• Positive Sentiment: Analyst bullishness and price target increases continue (Citi, Mizuho and others) and new partnerships (Thoma Bravo, Cadence) highlight enterprise and cloud AI growth potential. These stories are supporting upside expectations. Article Title
• Neutral Sentiment: Product momentum: Google rolled out personalized image generation tied to Gemini/Nano Banana — enhances consumer AI engagement but monetization path is longer term. Article Title
• Neutral Sentiment: Alphabet is planning higher AI capex in 2026 — signals commitment to long‑term edge in AI but implies near‑term cash outflows and margin pressure. Article Title
• Negative Sentiment: EU regulator proposed rules forcing Google to share search data (rankings, queries, clicks) with rivals under the Digital Markets Act — a material regulatory risk that could weaken competitive advantages in search and ads. Article Title
• Negative Sentiment: Ongoing legal and ad‑platform scrutiny (app‑store lawsuits, advertiser arbitration) and visible insider selling remain background risks that could weigh on sentiment despite strong fundamentals. Article Title

Alphabet Stock Down 0.5%

GOOG stock opened at $332.77 on Friday. The company’s 50 day simple moving average is $305.66 and its 200-day simple moving average is $300.84. The firm has a market capitalization of $4.03 trillion, a PE ratio of 30.78, a P/E/G ratio of 2.06 and a beta of 1.13. Alphabet Inc. has a 12 month low of $148.40 and a 12 month 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.

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. The business had revenue of $113.83 billion for 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 company’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.15 earnings per share. Equities analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

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.