Alphabet Inc. $GOOGL Shares Sold by Bourne Lent Asset Management Inc.

Bourne Lent Asset Management Inc. lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,950 shares of the information services provider’s stock after selling 7,603 shares during the period. Alphabet makes up approximately 10.3% of Bourne Lent Asset Management Inc.’s portfolio, making the stock its 4th biggest holding. Bourne Lent Asset Management Inc.’s holdings in Alphabet were worth $30,972,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. CIBC Bancorp USA Inc. purchased a new stake in Alphabet during the 3rd quarter worth $416,217,000. Griffin Asset Management Inc. raised its position in Alphabet by 13.9% in the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock valued at $14,277,000 after purchasing an additional 7,180 shares during the period. Sovran Advisors LLC raised its position in Alphabet by 23.6% in the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock valued at $5,401,000 after purchasing an additional 4,241 shares during the period. Edmond DE Rothschild Holding S.A. lifted its stake in shares of Alphabet by 4.7% during the second quarter. Edmond DE Rothschild Holding S.A. now owns 1,457,732 shares of the information services provider’s stock worth $256,896,000 after purchasing an additional 65,439 shares in the last quarter. Finally, Wright Investors Service Inc. lifted its stake in shares of Alphabet by 21.2% during the third quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider’s stock worth $12,171,000 after purchasing an additional 8,746 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Stock Performance

Shares of GOOGL opened at $295.77 on Friday. The firm has a market cap of $3.58 trillion, a price-to-earnings ratio of 27.36, a PEG ratio of 1.82 and a beta of 1.12. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The business’s 50 day moving average is $309.93 and its two-hundred day moving average is $295.97. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share 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 the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts remain constructive: several outlets note continued Buy/Outperform ratings on Alphabet driven by cloud monetization and AI opportunity — Wells Fargo kept an overweight stance (while trimming targets), signaling upside remains despite lower PTs. Ahead of Meta, Alphabet earnings, Wells Fargo keeps overweight, cuts PTs
• Positive Sentiment: Market/analyst commentary highlights Alphabet’s AI upside — an Outperform rating specifically cites AI growth potential as a driver for long‑term revenue and cloud monetization. Alphabet (GOOGL) Rated Outperform on AI Growth Potential
• Positive Sentiment: Product & tech advances: coverage of Google’s Gemma 4 and reporting on the TurboQuant breakthrough reinforce Alphabet’s lead in model and efficiency advances — positive for future monetization and competitive moat. Google’s Gemma 4 brings AI superpowers to your device Google’s TurboQuant Breakthrough Just Rewrote the AI Playbook
• Neutral Sentiment: Talent movement: Broadcom named Alphabet executive Amie Thuener as its next CFO — a notable departure but not an earnings item; monitor succession and any operational impact. Broadcom taps Alphabet executive Amie Thuener as next CFO
• Negative Sentiment: Near‑term cash‑flow risk: Semianalysis’ CEO warned AI capex could push Google’s free cash flow toward zero next year, feeding investor worries about heavy, multi‑year spending before full monetization. Semianalysis CEO: Google’s free cash flow will hit zero next year from AI capex
• Negative Sentiment: Regulatory/reputational pressure: EU hospitality groups and child‑development experts are urging scrutiny of Google’s search rankings and AI video recommendations, raising potential regulatory and compliance risks in Europe and for YouTube. EU hospitality groups raise concerns over Google search rankings Experts urged Google to prohibit AI Videos targeting young YouTube users
• Negative Sentiment: Insider selling: An SEC filing shows a senior executive sold ~9k shares in late March — a modest but visible reduction in insider ownership that can prompt short‑term concern. John Kent Walker insider sale disclosure

Insider Buying and Selling

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 transaction, the chief accounting officer owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 completion of the transaction, the director owned 4,631 shares of the company’s stock, valued at $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 2,101,227 shares of company stock worth $114,969,050. 11.64% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on GOOGL. Truist Financial set a $385.00 target price on Alphabet in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft upped their price target on Alphabet from $370.00 to $390.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Daiwa Securities Group increased their price objective on shares of Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Raymond James Financial upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Finally, Rosenblatt Securities upped their target price on shares of Alphabet from $279.00 to $357.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Three research 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 company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $367.33.

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.