Arrowstreet Capital Limited Partnership Reduces Stock Position in Alphabet Inc. $GOOG

Arrowstreet Capital Limited Partnership lessened its stake in Alphabet Inc. (NASDAQ:GOOG) by 9.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,600,510 shares of the information services provider’s stock after selling 388,953 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Alphabet were worth $876,904,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. Manning & Napier Advisors LLC bought a new position in shares of Alphabet during the third quarter worth about $32,000. Tripletail Wealth Management LLC acquired a new position in Alphabet in the 3rd quarter worth approximately $40,000. University of Illinois Foundation purchased a new position in Alphabet during the 2nd quarter valued at about $31,000. Retirement Wealth Solutions LLC raised its stake in shares of Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after purchasing an additional 116 shares in the last quarter. Finally, Horrell Capital Management Inc. raised its holdings in Alphabet by 100.0% during the second quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock valued at $35,000 after buying an additional 100 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. Scotiabank reissued an “outperform” rating and set a $400.00 price objective (up from $375.00) on shares of Alphabet in a research note on Thursday, February 5th. Canaccord Genuity Group increased their price objective on shares of Alphabet from $330.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $365.00 price target on shares of Alphabet in a research report on Monday, January 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $343.90.

Alphabet Stock Performance

GOOG opened at $303.21 on Friday. The business’s fifty day moving average is $319.64 and its 200-day moving average is $289.11. The firm has a market cap of $3.67 trillion, a P/E ratio of 28.05, a price-to-earnings-growth ratio of 1.81 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. During the same period in the prior year, the company earned $2.15 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis. Sell-side analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is 7.77%.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the transaction, the chief executive officer directly owned 2,244,372 shares of the company’s stock, valued at $720,914,730.12. The trade was a 1.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,112,493 shares of company stock worth $118,605,094 in the last 90 days. Corporate insiders own 12.99% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet closed its largest‑ever acquisition, buying cybersecurity firm Wiz for $32 billion — a move that strengthens Google Cloud’s security offering and could help accelerate enterprise cloud adoption. Google completes $32B acquisition of Wiz
• Positive Sentiment: Alphabet continues to monetize AI across products: Gemini is being added to Google Maps (“Ask Maps”) and Workspace (Docs/Sheets/Slides/Drive), which can drive engagement and incremental ad/cloud revenue over time. Google Adds Gemini AI to Google Maps
• Positive Sentiment: Google cut Android developer fees and expanded billing options, resolving a long dispute with Epic and enabling Fortnite’s return to the Play Store — a signal that policy changes may improve Play Store monetization and developer relations. Google App Store Brings Back Fortnite, Changes Fee Structure
• Neutral Sentiment: Alphabet is combining its GFiber unit with Astound Broadband, retaining a minority stake while Stonepeak becomes majority owner — this monetizes a capital‑intensive asset but limits future control/returns. Google sells partial stake in fiber business
• Neutral Sentiment: Analyst and institutional backdrop remains supportive: multiple upgrades, a large buy consensus and continued inflows help underpin the longer‑term case even as the stock retraces; MarketBeat/analysis note $300 area as key technical support. Alphabet pullback and analyst coverage
• Neutral Sentiment: Short‑interest reports in recent feeds show zero or inconsistent figures (likely data anomalies), so don’t read too much into the reported “spike” — short interest appears not to be a driver today.
• Negative Sentiment: Regulatory and legal risks: UK regulator pressure to protect children online and ongoing AI‑related legal/competitive noise (lawsuits mentioned around Gemini) add headline risk that can pressure multiples for large tech names. Big tech warned to protect children online
• Negative Sentiment: Sizeable cash outlay for Wiz and heightened competition from other AI/cloud players mean investors may be cautious about near‑term free‑cash flow and integration risk despite strategic rationale. Google completes $32B purchase of Wiz

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.