Gardner Lewis Asset Management L P Trims Stock Position in Alphabet Inc. $GOOG

Gardner Lewis Asset Management L P lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 11.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 47,089 shares of the information services provider’s stock after selling 6,027 shares during the period. Alphabet comprises about 2.7% of Gardner Lewis Asset Management L P’s portfolio, making the stock its 12th largest holding. Gardner Lewis Asset Management L P’s holdings in Alphabet were worth $11,469,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank purchased a new position in Alphabet during the second quarter valued at approximately $4,298,572,000. JPMorgan Chase & Co. grew its stake in shares of Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock worth $24,240,469,000 after purchasing an additional 7,904,434 shares during the period. Vanguard Group Inc. increased its holdings in shares of Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock valued at $73,927,821,000 after purchasing an additional 5,182,111 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Alphabet by 73.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock valued at $2,388,775,000 after purchasing an additional 4,154,929 shares during the period. Finally, Laurel Wealth Advisors LLC boosted its holdings in Alphabet by 17,547.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock worth $731,331,000 after buying an additional 4,099,366 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Price Performance

NASDAQ:GOOG opened at $310.92 on Wednesday. The stock has a 50 day moving average of $321.06 and a two-hundred day moving average of $281.65. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The firm has a market cap of $3.76 trillion, a P/E ratio of 28.76, a price-to-earnings-growth ratio of 1.83 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 (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. 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 analyst estimates of $111.24 billion. During the same period in the previous year, the company posted $2.15 earnings per share. The business’s revenue was up 18.0% on a year-over-year basis. On average, analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts and deep-dive bullish takes argue AI-driven capex will widen Alphabet’s competitive moat — Q4 strength (18% revenue growth, 48% Cloud) supports faster recurring revenue and margin expansion, underpinning multi-hundred-dollar price targets. Read More.
• Positive Sentiment: Wells Fargo moved to a more constructive rating (upgrade/Overweight), part of a cluster of bullish analyst notes and raised price targets (median ~ $370), supporting upside expectations. Read More.
• Positive Sentiment: Deep strategic assets and partnerships (14% stake in Anthropic, early SpaceX stake, Gemini distribution across devices) are being highlighted as underappreciated value drivers that reinforce long-term upside. Read More.
• Positive Sentiment: Operationally supportive energy and data‑center deals: Google announced a 1.9GW clean-power backing (including a 100‑hour battery) and utilities (Xcel, AES) signed supply agreements for new data centers — reduces energy risk for large AI builds. Read More. and Read More.
• Neutral Sentiment: Industry context: Bridgewater estimates Big Tech will invest roughly $650B in AI this year — validates the sector capex trend that benefits hyperscalers but doesn’t single out winners. Read More.
• Negative Sentiment: Intensifying AI‑chip competition and trade‑secret tensions (Google vs. Nvidia, new entrants raising capital) could pressure costs and supplier dynamics — a nearer-term risk to margins and model-training economics. Read More. and Read More.
• Negative Sentiment: Investor concerns about the pace of AI capex hitting free cash flow and accounting scrutiny — social/analyst chatter and high-profile skepticism (Michael Burry) raise questions about FCF, depreciation, and reported margins. Read More. and Read More.
• Negative Sentiment: Recent insider selling activity (including CEO filings) is being noted by market participants and can sap near‑term sentiment despite institutional bullishness. Read More.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. Wells Fargo & Company upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday. Scotiabank reaffirmed an “outperform” rating and issued a $400.00 price target (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. Wedbush reissued an “outperform” rating and issued a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $400.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average price target of $343.90.

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 933 shares of the stock in a transaction dated Monday, February 2nd. The shares were 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. This represents a 8.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $306.73, for a total value of $184,038.00. Following the transaction, the director owned 20,624 shares in the company, valued at approximately $6,325,999.52. This represents a 2.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,112,482 shares of company stock valued at $119,145,289. Corporate insiders own 12.99% of the company’s stock.

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.