Alphabet Inc. $GOOGL is Chevy Chase Trust Holdings LLC’s 5th Largest Position

Chevy Chase Trust Holdings LLC reduced its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 3.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,781,359 shares of the information services provider’s stock after selling 120,238 shares during the period. Alphabet makes up 2.5% of Chevy Chase Trust Holdings LLC’s holdings, making the stock its 5th biggest position. Chevy Chase Trust Holdings LLC’s holdings in Alphabet were worth $919,248,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GOOGL. Circle Wealth Management LLC grew its stake in Alphabet by 2.5% during the 3rd quarter. Circle Wealth Management LLC now owns 80,072 shares of the information services provider’s stock valued at $19,466,000 after acquiring an additional 1,969 shares in the last quarter. Community Bank N.A. raised its holdings in Alphabet by 2.9% in the 3rd quarter. Community Bank N.A. now owns 50,738 shares of the information services provider’s stock valued at $12,334,000 after acquiring an additional 1,440 shares during the last quarter. Clark Capital Management Group Inc. lifted its stake in Alphabet by 22.1% in the 3rd quarter. Clark Capital Management Group Inc. now owns 1,346,148 shares of the information services provider’s stock worth $327,249,000 after purchasing an additional 243,446 shares in the last quarter. Ausdal Financial Partners Inc. lifted its stake in Alphabet by 32.3% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 55,123 shares of the information services provider’s stock worth $13,400,000 after purchasing an additional 13,456 shares in the last quarter. Finally, Bamco Inc. NY boosted its holdings in shares of Alphabet by 22.0% during the 3rd quarter. Bamco Inc. NY now owns 157,439 shares of the information services provider’s stock worth $38,273,000 after purchasing an additional 28,406 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the sale, the chief accounting officer owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frances Arnold sold 112 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the transaction, the director directly owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,076,615 shares of company stock valued at $107,809,111. 11.55% of the stock is owned by company insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major competitor Meta has delayed a next‑generation AI release and reportedly discussed temporarily licensing Google’s Gemini model, which could help Alphabet expand usage/licensing of its AI stack and win incremental share. Meta delays release; may license Gemini
• Positive Sentiment: Needham & Company reaffirmed a “buy” on GOOGL and set a $400 price target (~32% upside from current levels), which can support investor confidence and buying interest. Needham reiterates buy
• Positive Sentiment: Multiple reports highlight Meta falling behind on large AI models (and considering licensing Google tech), reinforcing the view that Google could capture market share in foundational models and services. Meta falling behind — Yahoo
• Positive Sentiment: Zacks highlighted Alphabet’s earnings growth and price strength as reasons to watch GOOGL, supporting a constructive fundamental view after recent results. Zacks: earnings growth & price strength
• Neutral Sentiment: Google, Amazon and Meta pushing their own AI chips signals a structural shift in AI infrastructure — a long‑term positive if Google’s stack wins, but it intensifies competition with incumbents like NVIDIA and may pressure margins/capex. AI chips competition — Yahoo
• Neutral Sentiment: Google sold a partial stake in its GFiber unit and partnered to form a new independent fiber provider; this reduces direct capital burden but also trims ownership of the broadband growth asset. GFiber stake sale — CNBC
• Neutral Sentiment: Brand/PR note: Google named its London HQ “Platform 37” referencing DeepMind/AlphaGo success — modestly positive for culture/AI branding but not material to near‑term financials. Platform 37 naming — Reuters
• Negative Sentiment: UK regulator and wider regulatory scrutiny on tech safety and child protection remain overhangs for Big Tech, including Alphabet, since new rules or enforcement could increase compliance costs or constrain certain services. UK regulator warning — Sky

Alphabet Stock Performance

Shares of GOOGL stock opened at $302.28 on Monday. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The firm’s 50 day moving average price is $319.12 and its 200-day moving average price is $290.39. The firm has a market cap of $3.66 trillion, a P/E ratio of 27.96, a P/E/G ratio of 1.77 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 (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. As a group, equities research analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders 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 yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.

Wall Street Analyst Weigh In

GOOGL has been the subject of a number of analyst reports. DZ Bank restated a “buy” rating on shares of Alphabet in a research report on Monday, February 16th. Wells Fargo & Company set a $354.00 price objective on Alphabet and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Piper Sandler restated an “overweight” rating and issued a $395.00 target price (up from $365.00) on shares of Alphabet in a report on Thursday, February 5th. Canaccord Genuity Group set a $415.00 target price on Alphabet in a research note on Thursday, February 5th. Finally, Barclays reiterated an “overweight” rating and set a $360.00 price target (up from $315.00) on shares of Alphabet in a report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $367.18.

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.