E. Ohman J or Asset Management AB Lowers Position in Alphabet Inc. $GOOGL

E. Ohman J or Asset Management AB lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGLFree Report) by 15.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 913,060 shares of the information services provider’s stock after selling 165,718 shares during the period. Alphabet accounts for approximately 6.7% of E. Ohman J or Asset Management AB’s portfolio, making the stock its 3rd largest holding. E. Ohman J or Asset Management AB’s holdings in Alphabet were worth $285,788,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in GOOGL. PMV Capital Advisers LLC purchased a new stake in Alphabet during the 4th quarter worth about $38,000. Financial Gravity Companies Inc. bought a new position in Alphabet in the 2nd quarter worth about $31,000. iSAM Funds UK Ltd purchased a new position in Alphabet during the 3rd quarter valued at about $53,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Alphabet during the 3rd quarter valued at about $53,000. Finally, Corsicana & Co. bought a new stake in shares of Alphabet during the third quarter valued at about $54,000. 40.03% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GOOGL. Truist Financial set a $385.00 price target on shares of Alphabet in a report on Thursday, February 5th. Arete Research upped their target price on shares of Alphabet from $380.00 to $405.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. BMO Capital Markets reissued an “outperform” rating and issued a $400.00 price target on shares of Alphabet in a report on Thursday, February 5th. Finally, Royal Bank Of Canada boosted their price target on shares of Alphabet from $375.00 to $400.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $368.06.

Get Our Latest Stock Report on GOOGL

Alphabet Stock Down 2.3%

GOOGL stock opened at $274.34 on Friday. The company’s 50 day moving average is $313.07 and its 200 day moving average is $295.00. The stock has a market cap of $3.32 trillion, a price-to-earnings ratio of 25.38, a price-to-earnings-growth ratio of 1.61 and a beta of 1.10. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $349.00.

Alphabet (NASDAQ:GOOGLGet Free Report) last released its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The business had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Sell-side analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business 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 of this dividend was Monday, March 9th. Alphabet’s payout ratio is currently 7.77%.

Insider Activity at Alphabet

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, 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 value of $318,580.50. Following the sale, the director directly owned 4,631 shares of the company’s stock, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,110,165 shares of company stock valued at $118,134,117 over the last ninety days. 11.64% of the stock is currently owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Analyst upgrades and price-target raises reinforce bullish medium-term views — Wells Fargo raised its price target and kept an Overweight rating, and Needham reaffirmed its Buy with a $400 target; MarketBeat and other outlets note heavy analyst upgrading of GOOGL. These moves support upside expectations despite short-term weakness. Read More.
  • Positive Sentiment: Alphabet’s AI innovation (TurboQuant / Gemini traction) is being framed as a competitive advantage — the company’s new compression research and Gemini adoption could lower AI operating costs and drive product differentiation, strengthening long-term revenue prospects. This is part of why some analysts lifted estimates and price targets. Read More.
  • Positive Sentiment: Fundamentals remain solid: recent earnings beat, robust cloud growth and advertising resilience provide a valuation anchor and a reason many institutions view pullbacks as buying opportunities. Read More.
  • Neutral Sentiment: Technical correction — the stock has moved below $300 and broken key short-term support, which can amplify volatility even if the longer-term trend stays intact; investors should watch $280–$260 support zones. Read More.
  • Neutral Sentiment: Executive departure in India: Google’s top India counsel resigned amid ongoing regulatory challenges in a key market, a factor to monitor for regional regulatory execution but not an immediate earnings driver. Read More.
  • Negative Sentiment: Landmark jury verdicts finding YouTube/Google liable in social-media addiction cases have created legal overhang and the possibility of broader litigation or regulatory exposure — courts and commentators compare potential fallout to past “Big Tobacco”-style settlements, increasing perceived legal risk for Alphabet. Read More.
  • Negative Sentiment: New lawsuits allege Google’s search/AI features disclosed personal information of Jeffrey Epstein victims; such privacy/AI-related claims add another legal/regulatory headline that can pressure sentiment and increase potential litigation costs or product changes. Read More.
  • Negative Sentiment: Broader tech selloff — geopolitical war worries and landmark Meta legal losses have sparked rotation out of large-cap tech this week, amplifying Alphabet’s decline despite company-specific strengths. Market risk sentiment is a near-term headwind. Read More.

About Alphabet

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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