Myriad Asset Management US LP Makes New $6.96 Million Investment in Alphabet Inc. $GOOGL

Myriad Asset Management US LP bought a new position in Alphabet Inc. (NASDAQ:GOOGLFree Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 28,609 shares of the information services provider’s stock, valued at approximately $6,955,000. Alphabet accounts for 3.8% of Myriad Asset Management US LP’s investment portfolio, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Financial Gravity Companies Inc. bought a new stake in shares of Alphabet in the 2nd quarter worth about $31,000. Corsicana & Co. bought a new position in Alphabet during the 3rd quarter valued at about $54,000. CarsonAllaria Wealth Management Ltd. boosted its position in Alphabet by 36.4% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after buying an additional 67 shares in the last quarter. Sellwood Investment Partners LLC bought a new stake in Alphabet during the third quarter worth about $63,000. Finally, Vermillion & White Wealth Management Group LLC increased its holdings in shares of 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 in the last quarter. Institutional investors own 40.03% of the company’s stock.

Insider Buying and Selling

In related news, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total transaction of $202,512.00. Following the transaction, the director directly owned 21,224 shares in the company, valued at approximately $7,163,524.48. The trade was a 2.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,035,186 shares of company stock worth $94,458,941 in the last quarter. 11.64% of the stock is owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Alphabet reported another beat: Q4 EPS and revenue topped estimates, Google Cloud grew ~48% Y/Y and annual revenue exceeded $400B—clear fundamental drivers for longer‑term growth. Read More.
  • Positive Sentiment: Multiple Wall Street firms raised price targets and reiterated buy/outperform views after the results, supporting upside case (examples include Deutsche Bank, RBC, Needham and others). Read More.
  • Positive Sentiment: Commercial traction for AI and subscriptions continues (Gemini user metrics, YouTube/Google One paid subs), reinforcing monetization of AI investments over time. Read More.
  • Neutral Sentiment: Alphabet announced a small quarterly dividend ($0.21/share)—signal of returning capital but limited near‑term impact on valuation. Read More.
  • Neutral Sentiment: Insider selling (CAO sold ~933 shares) and mixed analyst notes (some neutral ratings) create potential short‑term noise; institutional positioning remains large. Read More.
  • Negative Sentiment: The 2026 capex outlook—$175B–$185B—shocked markets; investors fear near‑term margin/earnings dilution and a multi‑year heavy cash outflow, prompting an after‑hours/pre‑market selloff. Read More.
  • Negative Sentiment: Market reaction: shares fell sharply in pre‑market/early trading as tech indexes pulled back, reflecting short‑term risk aversion to large AI spending even as fundamentals remain solid. Read More.

Alphabet Trading Down 0.5%

Shares of NASDAQ GOOGL opened at $331.25 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00. The company’s fifty day moving average is $321.54 and its 200-day moving average is $269.25. The stock has a market cap of $4.00 trillion, a price-to-earnings ratio of 30.64, a P/E/G ratio of 2.01 and a beta of 1.09.

Alphabet (NASDAQ:GOOGLGet Free Report) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 36.21% and a net margin of 32.81%. Equities research analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a dividend of $0.21 per share. The ex-dividend date is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is currently 7.77%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Daiwa Capital Markets raised their price target on Alphabet from $233.00 to $333.00 and gave the company a “buy” rating in a report on Thursday, November 6th. President Capital raised their target price on Alphabet from $258.00 to $323.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Barclays reiterated an “overweight” rating and set a $360.00 price target (up previously from $315.00) on shares of Alphabet in a research report on Thursday. Arete Research raised their price objective on shares of Alphabet from $300.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Finally, Mizuho boosted their target price on shares of Alphabet from $400.00 to $410.00 and gave the stock an “outperform” rating in a research note on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $354.86.

Check Out Our Latest Research Report on GOOGL

Alphabet Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGLFree Report).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.