Alphabet Inc. $GOOGL Shares Sold by Caliber Wealth Management LLC KS

Caliber Wealth Management LLC KS lessened its stake in Alphabet Inc. (NASDAQ:GOOGL) by 39.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,224 shares of the information services provider’s stock after selling 9,134 shares during the quarter. Caliber Wealth Management LLC KS’s holdings in Alphabet were worth $3,458,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GOOGL. Vanguard Group Inc. boosted its holdings in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after buying an additional 6,733,278 shares during the last quarter. State Street Corp lifted its position in shares of Alphabet by 1.8% in the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after acquiring an additional 4,008,374 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Alphabet by 3.1% in the second quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock worth $24,857,017,000 after acquiring an additional 4,224,497 shares during the last quarter. Norges Bank acquired a new stake in shares of Alphabet in the second quarter worth approximately $21,944,208,000. Finally, Invesco Ltd. increased its position in shares of Alphabet by 1.2% during the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock worth $7,780,875,000 after purchasing an additional 503,306 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Up 4.0%

Shares of NASDAQ GOOGL opened at $314.98 on Monday. The company has a market capitalization of $3.81 trillion, a P/E ratio of 29.14, a P/E/G ratio of 1.85 and a beta of 1.09. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The company has a 50 day simple moving average of $320.32 and a 200-day simple moving average of $279.46. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. On average, equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued 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%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strategic cloud partnerships expanding addressable market — Google announced a deal with Sea Ltd to build AI tools for e‑commerce and gaming, which supports Google Cloud revenue growth in Southeast Asia and demonstrates enterprise demand for its AI stack. Read More.
• Positive Sentiment: Product momentum — Google is rolling Gemini‑powered, music‑focused generative‑AI features (also showing up at competitors), indicating faster consumer AI adoption that could boost engagement and future monetization. Read More.
• Positive Sentiment: Institutional support & analyst upgrades — recent 13F activity and analyst price‑target increases (and MarketBeat coverage) signal long‑term investor conviction that can underpin the stock. Read More.
• Neutral Sentiment: AI infrastructure arms race — NVIDIA–Meta mega‑deal and hyperscaler capex plans validate AI demand but raise competitive and capital‑intensity questions for Google; this is demand‑positive but increases the investment bar. Read More.
• Neutral Sentiment: Alphabet exploring chip/partner strategies — WSJ reports Google is weighing ways to use its balance sheet to better compete with chip suppliers, a strategic move that could reduce long‑run costs or distract management depending on execution. Read More.
• Negative Sentiment: Insider selling — recent disclosed sales by CEO Sundar Pichai and senior exec John Kent Walker (multi‑million dollar sales) can sap near‑term sentiment even if routine for compensation/liquidity reasons. Read More. Read More.
• Negative Sentiment: Security/legal risk — indictment of three engineers accused of stealing Google trade secrets and sending data to Iran raises potential IP, litigation and reputational risks that investors will watch. Read More.
• Negative Sentiment: AI rotation/profit‑taking — some prominent managers have trimmed AI positions in recent 13F filings, which contributes to episodic pressure on hyperscaler multiples. Read More.

Insider Activity

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $306.73, for a total transaction of $184,038.00. Following the sale, the director owned 20,624 shares of the company’s stock, valued at approximately $6,325,999.52. This represents a 2.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,112,482 shares of company stock worth $119,145,289. 11.55% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on GOOGL shares. Rosenblatt Securities raised their price objective on Alphabet from $279.00 to $357.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Wall Street Zen raised shares of Alphabet from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Argus boosted their price target on shares of Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Bank of America increased their price objective on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Alphabet from $370.00 to $390.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $365.86.

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.