Ameriprise Financial Inc. Has $3.15 Billion Stake in Alphabet Inc. $GOOG

Ameriprise Financial Inc. reduced its holdings in Alphabet Inc. (NASDAQ:GOOG) by 6.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,918,830 shares of the information services provider’s stock after selling 925,966 shares during the quarter. Alphabet accounts for about 0.7% of Ameriprise Financial Inc.’s investment portfolio, making the stock its 13th largest holding. Ameriprise Financial Inc. owned about 0.11% of Alphabet worth $3,146,363,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Tradewinds LLC. boosted its position in Alphabet by 2,134.8% during the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock worth $10,984,000 after acquiring an additional 43,080 shares during the last quarter. Atlantic Union Bankshares Corp grew its stake in shares of Alphabet by 31.3% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after acquiring an additional 84,553 shares in the last quarter. Baltimore Washington Financial Advisors Inc. raised its holdings in shares of Alphabet by 0.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock valued at $53,920,000 after purchasing an additional 2,009 shares during the last quarter. CWA Asset Management Group LLC raised its holdings in shares of Alphabet by 2.2% in the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock valued at $38,272,000 after purchasing an additional 3,444 shares during the last quarter. Finally, American National Bank of Texas bought a new stake in shares of Alphabet in the third quarter worth $900,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insiders Place Their Bets

In related news, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $306.73, for a total transaction of $184,038.00. Following the completion of the transaction, the director owned 20,624 shares in the company, valued at approximately $6,325,999.52. This trade represents a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $303.38, for a total value of $9,859,850.00. Following the transaction, the chief executive officer directly owned 1,674,560 shares in the company, valued at approximately $508,028,012.80. This trade represents a 1.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,112,493 shares of company stock worth $118,605,094 in the last three months. Insiders own 12.99% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: GFiber is combining with Astound Broadband with Stonepeak as majority owner while Alphabet keeps a minority stake — this monetizes Google’s fiber asset, reduces future capex burden and leaves Alphabet with upside exposure to a larger independent broadband operator. Alphabet Inc. (GOOGL)’s Expanding Horizons: AI, Cloud, and Broadband Growth
• Positive Sentiment: Gemini AI is being added to Google Maps via “Ask Maps,” increasing product differentiation and engagement across a high-traffic app — a direct example of AI driving user value and monetization opportunities. Google (GOOGL) Adds Its Gemini AI Model to Google Maps to Allow More Detailed Questions
• Positive Sentiment: Google completed the acquisition of Wiz (~$32B), strengthening cloud security offerings — a strategic tuck-in that can help win larger enterprise cloud deals and justify higher cloud multiple over time. Google Just Closed Its $32 Billion Wiz Deal. How Should You Play GOOGL Stock Here?
• Positive Sentiment: Google changed Android billing rules, cut developer fees and resolved the Epic/Fortnite dispute — removing a legal overhang and improving developer economics for Play Store, which supports long-term app revenue resilience. Google (GOOGL) App Store Brings Back Fortnite, Changes Fee Structure
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive — recent coverage highlights strong Q4 results, cash-rich balance sheet and a consensus “Buy” tilt with several elevated price targets. This underpins medium-term investor confidence. Alphabet Q4: A Fairly Valued Tech Titan To Buy Now
• Neutral Sentiment: Social and options flow show heightened bullish conviction around Gemini and cloud, but this is sentiment-driven and can amplify short-term volatility rather than change fundamentals. Alphabet Stock (GOOG) Opinions on Gemini AI Advancements
• Neutral Sentiment: Recent short-interest data in feeds appears noisy/invalid and does not signal a meaningful squeeze or covering dynamic at present.
• Negative Sentiment: U.K. regulator warnings on protecting children online increase the risk of tighter rules and compliance costs for big tech — a regulatory backdrop that could pressure valuations if enforcement or new rules accelerate. Big tech given warning – and deadline – by UK regulator

Alphabet Price Performance

Shares of GOOG opened at $301.46 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company’s fifty day simple moving average is $319.36 and its 200 day simple moving average is $290.32. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $350.15. The company has a market cap of $3.65 trillion, a price-to-earnings ratio of 27.89, a PEG ratio of 1.76 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter last year, the company posted $2.15 earnings per share. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. On average, research analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts recently commented on GOOG shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $370.00 target price on shares of Alphabet in a report on Tuesday, January 20th. Raymond James Financial raised shares of Alphabet from an “outperform” rating to a “strong-buy” rating and boosted their price target for the stock from $315.00 to $400.00 in a research report on Thursday, January 22nd. Scotiabank restated 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. Wedbush restated an “outperform” rating and issued a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Finally, KeyCorp set a $370.00 target price on Alphabet in a research report on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and a consensus target price of $345.71.

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.