Alphabet Inc. $GOOGL Position Reduced by Ingalls & Snyder LLC

Ingalls & Snyder LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 311,820 shares of the information services provider’s stock after selling 2,481 shares during the quarter. Alphabet accounts for approximately 2.5% of Ingalls & Snyder LLC’s portfolio, making the stock its 8th largest holding. Ingalls & Snyder LLC’s holdings in Alphabet were worth $75,803,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after acquiring an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in Alphabet by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after purchasing an additional 506 shares during the period. Hutchens & Kramer Investment Management Group LLC boosted its position in Alphabet by 9.6% during the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 4,900 shares of the information services provider’s stock worth $862,000 after purchasing an additional 431 shares in the last quarter. Matrix Asset Advisors Inc. NY grew its holdings in Alphabet by 17.6% in the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock valued at $685,000 after purchasing an additional 581 shares during the period. Finally, Sequoia Financial Advisors LLC grew its holdings in Alphabet by 11.2% in the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock valued at $85,557,000 after purchasing an additional 48,805 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction on 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 document filed with the SEC, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the sale, the chief executive officer directly owned 2,818,524 shares of the company’s stock, valued at $856,605,814.08. This represents a 1.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,078,926 shares of company stock worth $108,426,720. 11.55% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of recent analyst reports. HSBC increased their target price on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Needham & Company LLC increased their price objective on shares of Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Robert W. Baird lifted their target price on shares of Alphabet from $310.00 to $350.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. The Goldman Sachs Group restated a “buy” rating and set a $375.00 price target (up from $330.00) on shares of Alphabet in a research report on Tuesday, January 13th. Finally, Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Three analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $366.57.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big, sustained AI and cloud investment supports long-term growth thesis: reports show Alphabet is among the large tech players pouring billions into AI infrastructure and chips, reinforcing expectations for continued revenue/market-share gains in AI services. Microsoft and Alphabet Spend Billions On AI: A Closer Look
• Positive Sentiment: Product and infrastructure wins — Google Cloud strong growth and strategic partnerships (including Rakuten integration and recent mapping/export approvals and clean-energy data centers) underline secular revenue drivers and operational resilience. Alphabet (GOOGL) Valuation Check As AI Infrastructure Push And Capex Plans Draw Investor Focus
• Neutral Sentiment: Heightened investor attention and analyst commentary keep stock in focus — multiple pieces note strong interest and differing views on valuation vs. capex plans; this raises volatility but not a clear directional signal. Alphabet Inc. (GOOG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Short-interest data in feeds is showing anomalous/zero values and should be treated as noise rather than a market-moving signal for now.
• Negative Sentiment: Geopolitical risk hit sentiment today: tech firms temporarily closed Middle East offices and markets sold off amid rising U.S.-Iran tensions, prompting defensive positioning that weighs on high-beta, growth names like Alphabet. Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
• Negative Sentiment: Employee and policy scrutiny over military use of AI (letters and internal pressure) could complicate government contracts and public perception as Google negotiates over Gemini-related work with the Pentagon. Google employees call for military limits on AI amid Iran strikes, Anthropic fallout
• Negative Sentiment: Regulatory/safety risk from Waymo: the NTSB is probing incidents of Waymo vehicles illegally passing stopped school buses — a development that raises liability, regulatory scrutiny and reputational risk for Alphabet’s autonomous-vehicle ambitions. NTSB says Waymo robotaxis illegally passed stopped school buses in new incidents

Alphabet Stock Down 1.0%

GOOGL stock opened at $303.58 on Wednesday. The company has a market cap of $3.67 trillion, a price-to-earnings ratio of 28.08, a PEG ratio of 1.79 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 12 month low of $140.53 and a 12 month high of $349.00. The firm has a 50-day moving average of $320.71 and a two-hundred day moving average of $284.77.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.25. The business had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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