Cambria Investment Management L.P. Has $4.55 Million Position in Alphabet Inc. $GOOGL

Cambria Investment Management L.P. boosted its position in Alphabet Inc. (NASDAQ:GOOGL) by 236.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,699 shares of the information services provider’s stock after purchasing an additional 13,146 shares during the quarter. Cambria Investment Management L.P.’s holdings in Alphabet were worth $4,546,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in GOOGL. Financial Gravity Companies Inc. bought a new position in Alphabet during the second quarter worth about $31,000. iSAM Funds UK Ltd bought a new stake in Alphabet in the 3rd quarter valued at about $53,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Alphabet during the 3rd quarter worth approximately $53,000. Corsicana & Co. acquired a new position in shares of Alphabet during the 3rd quarter worth approximately $54,000. Finally, Sellwood Investment Partners LLC bought a new position in shares of Alphabet during the third quarter worth approximately $63,000. Institutional investors own 40.03% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a notable AI talent win that reinforces Alphabet’s product roadmap and competitive positioning in AI. Reuters: Sekhon to join DeepMind
• Positive Sentiment: Google’s Wiz acquisition expands Google Cloud’s security portfolio, strengthening the Cloud growth narrative that underpins future revenue diversification. Zacks: GOOGL’s Wiz buyout
• Positive Sentiment: Regulatory concession: Google will let sites opt out of generative AI search features in the UK — reduces near‑term regulatory risk to search revenue. Reuters: Google to allow AI opt‑out
• Neutral Sentiment: Insider selling: CEO Sundar Pichai sold 32,500 shares and director John Hennessy sold a smaller stake — notable but small relative to total insider holdings; monitor for pattern. InsiderTrades: Pichai sale
• Neutral Sentiment: Short‑interest data in feeds appears anomalous/zero and does not indicate a meaningful short build or squeeze at present.
• Negative Sentiment: Macro/valuation headwinds: analysts flag $410B+ hyperscaler AI capex and uncertainty over returns, a theme that keeps pressure on tech multiples (including Alphabet). Fool: Reason tech stocks struggle
• Negative Sentiment: Competitive/market pressure: analyst pieces note rising competition in cloud analytics (Snowflake) and product battles that could temper near‑term share gains despite execution. Zacks: Snowflake vs Alphabet

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at approximately $1,405,091.71. The trade was a 18.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the sale, the insider directly owned 13,227 shares of the company’s stock, valued at $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,110,165 shares of company stock valued at $118,134,117 over the last quarter. 11.64% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on GOOGL shares. Wells Fargo & Company set a $354.00 price target on Alphabet and gave the company an “equal weight” rating in a research note on Thursday, February 5th. China Renaissance upped their target price on Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Cantor Fitzgerald restated an “overweight” rating and issued a $370.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Finally, Jefferies Financial Group upped their price objective on shares of Alphabet from $365.00 to $400.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Three analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $367.18.

Alphabet Trading Down 0.2%

Shares of Alphabet stock opened at $307.13 on Friday. The stock has a market capitalization of $3.72 trillion, a PE ratio of 28.41, a price-to-earnings-growth ratio of 1.80 and a beta of 1.10. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The stock has a 50 day moving average price of $318.17 and a two-hundred day moving average price of $291.96. 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 results 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. The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. As a group, equities analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued 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 was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Alphabet Company 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.