Alphabet Inc. $GOOGL is Guinness Atkinson Asset Management Inc’s 6th Largest Position

Guinness Atkinson Asset Management Inc reduced its position in Alphabet Inc. (NASDAQ:GOOGL) by 7.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 31,124 shares of the information services provider’s stock after selling 2,683 shares during the period. Alphabet accounts for approximately 3.6% of Guinness Atkinson Asset Management Inc’s portfolio, making the stock its 6th largest holding. Guinness Atkinson Asset Management Inc’s holdings in Alphabet were worth $7,596,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GOOGL. Financial Gravity Companies Inc. purchased a new stake in shares of Alphabet during the second quarter worth $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in Alphabet in the 3rd quarter worth about $53,000. Corsicana & Co. purchased a new position in Alphabet during the third quarter valued at approximately $54,000. Sellwood Investment Partners LLC purchased a new position in shares of Alphabet during the 3rd quarter valued at $63,000. Finally, Vermillion & White Wealth Management Group LLC grew its position in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 89 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on GOOGL shares. Daiwa Securities Group lifted their price objective on Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $400.00 price target on shares of Alphabet in a report on Thursday, February 5th. Wolfe Research boosted their price objective on Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. Susquehanna upped their price objective on shares of Alphabet from $225.00 to $350.00 and gave the stock a “positive” rating in a research report on Thursday, October 30th. Finally, Roth Mkm raised their target price on shares of Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Three equities research 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $365.86.

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the sale, the chief accounting officer owned 9,916 shares in the company, valued at approximately $3,337,229.80. The trade was a 8.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the transaction, the chief executive officer owned 2,818,524 shares in the company, valued at $856,605,814.08. This represents a 1.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,112,482 shares of company stock worth $119,145,289 over the last three months. Corporate insiders own 11.64% of the company’s stock.

Alphabet Trading Up 4.0%

Shares of GOOGL opened at $314.98 on Friday. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The firm has a market cap of $3.81 trillion, a price-to-earnings ratio of 29.14, a PEG ratio of 1.78 and a beta of 1.09. The firm has a 50 day moving average price of $320.32 and a 200-day moving average price of $278.30. 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 issued its 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. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. As a group, equities research analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

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

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strategic cloud partnerships expanding addressable market — Google announced a deal with Sea Ltd to build AI tools for e‑commerce and gaming, which supports Google Cloud revenue growth in Southeast Asia and demonstrates enterprise demand for its AI stack. Read More.
• Positive Sentiment: Product momentum — Google is rolling Gemini‑powered, music‑focused generative‑AI features (also showing up at competitors), indicating faster consumer AI adoption that could boost engagement and future monetization. Read More.
• Positive Sentiment: Institutional support & analyst upgrades — recent 13F activity and analyst price‑target increases (and MarketBeat coverage) signal long‑term investor conviction that can underpin the stock. Read More.
• Neutral Sentiment: AI infrastructure arms race — NVIDIA–Meta mega‑deal and hyperscaler capex plans validate AI demand but raise competitive and capital‑intensity questions for Google; this is demand‑positive but increases the investment bar. Read More.
• Neutral Sentiment: Alphabet exploring chip/partner strategies — WSJ reports Google is weighing ways to use its balance sheet to better compete with chip suppliers, a strategic move that could reduce long‑run costs or distract management depending on execution. Read More.
• Negative Sentiment: Insider selling — recent disclosed sales by CEO Sundar Pichai and senior exec John Kent Walker (multi‑million dollar sales) can sap near‑term sentiment even if routine for compensation/liquidity reasons. Read More. Read More.
• Negative Sentiment: Security/legal risk — indictment of three engineers accused of stealing Google trade secrets and sending data to Iran raises potential IP, litigation and reputational risks that investors will watch. Read More.
• Negative Sentiment: AI rotation/profit‑taking — some prominent managers have trimmed AI positions in recent 13F filings, which contributes to episodic pressure on hyperscaler multiples. Read More.

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.