Bridges Investment Management Inc. Sells 25,424 Shares of Alphabet Inc. $GOOGL

Bridges Investment Management Inc. cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,573,121 shares of the information services provider’s stock after selling 25,424 shares during the quarter. Alphabet comprises approximately 4.9% of Bridges Investment Management Inc.’s investment portfolio, making the stock its 3rd biggest position. Bridges Investment Management Inc.’s holdings in Alphabet were worth $382,426,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of GOOGL. Brighton Jones LLC increased its holdings in Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after purchasing an additional 4,110 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Alphabet by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after buying an additional 506 shares during the period. Hutchens & Kramer Investment Management Group LLC raised its holdings in Alphabet by 9.6% in the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 4,900 shares of the information services provider’s stock valued at $862,000 after acquiring an additional 431 shares in the last quarter. Horizon Bancorp Inc. IN lifted its stake in Alphabet by 110.5% in the second quarter. Horizon Bancorp Inc. IN now owns 4,994 shares of the information services provider’s stock worth $880,000 after acquiring an additional 2,621 shares during the last quarter. Finally, Stonebridge Financial Group LLC grew its holdings in Alphabet by 5.5% during the 2nd quarter. Stonebridge Financial Group LLC now owns 39,601 shares of the information services provider’s stock worth $6,979,000 after acquiring an additional 2,060 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Stock Down 1.1%

GOOGL opened at $305.72 on Tuesday. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The business has a 50 day moving average price of $321.03 and a two-hundred day moving average price of $276.31. 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 has a market cap of $3.70 trillion, a PE ratio of 28.28, a P/E/G ratio of 1.79 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. As a group, research analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The company also recently declared 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. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s payout ratio is 7.77%.

Insider Activity

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the transaction, the chief accounting officer owned 8,962 shares in the company, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,064,308 shares of company stock valued at $104,383,469. Company insiders own 11.55% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported a 48% year‑over‑year revenue surge, highlighting strong enterprise demand and accelerating monetization of AI — a major fundamental tailwind for long‑term revenue growth. Google (GOOGL) Cloud Revenue Just Surged 48% And May Have Delivered Knockout Blow To OpenAI
• Positive Sentiment: Some analysts remain constructive — a recent note set a $348 price target for Google, signaling analyst confidence that the pullback could be temporary and implying meaningful upside from current levels. Analysts Set $348 Target for Google After February Dip
• Positive Sentiment: DZ Bank reiterated a “buy” rating, adding institutional endorsement to the view that Alphabet’s AI and cloud investments justify a buy‑and‑hold stance. Alphabet C: DZ Bank Reiterates Its ‘Buy’ Rating
• Neutral Sentiment: MarketBeat frames the recent share pullback as a potential buying opportunity: fundamentals (ad/search strength, cloud momentum, Gemini user growth) remain intact, but technical/support levels near $300–$280 will be watched for confirmation. Alphabet’s Pullback: A Second Chance for Long-Term Investors?
• Neutral Sentiment: Alphabet leadership (CEO Sundar Pichai) is scheduled to attend a major AI summit in India alongside other industry CEOs — visibility at the event supports long‑term strategic positioning but is unlikely to move near‑term stock direction by itself. Huang and Pichai among tech CEOs heading to India for major AI summit in a key market
• Neutral Sentiment: Reported short‑interest data in February is noisy/ambiguous (reported as zero/inconsistent), so there’s no clear sign that a significant short‑squeeze dynamic is influencing today’s move.
• Negative Sentiment: U.K. officials announced tougher online‑safety rules aimed at protecting children that could increase compliance costs and constrain how chatbots and AI products are deployed in Europe — a regulatory risk for AI product rollout and monetization. AI chatbot firms face stricter regulation in online safety laws protecting children in the UK
• Negative Sentiment: Competitive product launches (e.g., Claude Cowork) have been cited in some coverage as a short‑term headwind for sentiment, dragging shares as investors assess market share and monetization risks for Gemini vs. rival models. 1 Artificial Intelligence (AI) Stock Investors Are Buying on the Dip

Wall Street Analysts Forecast Growth

GOOGL has been the subject of several recent analyst reports. Sanford C. Bernstein lifted their price objective on shares of Alphabet from $305.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, February 2nd. DA Davidson lifted their price target on Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Stifel Nicolaus reiterated a “buy” rating and issued a $395.00 price objective (up previously from $346.00) on shares of Alphabet in a report on Thursday, February 5th. President Capital raised their target price on Alphabet from $323.00 to $375.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, Rosenblatt Securities upped their price target on Alphabet from $279.00 to $357.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and an average price target of $361.64.

Alphabet Profile

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.