Alphabet Inc. $GOOGL Shares Sold by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,323 shares of the information services provider’s stock after selling 2,983 shares during the quarter. Alphabet makes up approximately 2.6% of Oliver Luxxe Assets LLC’s portfolio, making the stock its 2nd biggest position. Oliver Luxxe Assets LLC’s holdings in Alphabet were worth $17,003,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of GOOGL. CIBC Bancorp USA Inc. acquired a new position in Alphabet in the 3rd quarter valued at approximately $416,217,000. Griffin Asset Management Inc. lifted its holdings in shares of Alphabet by 13.9% during the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock worth $14,277,000 after purchasing an additional 7,180 shares during the period. Sovran Advisors LLC lifted its holdings in shares of Alphabet by 23.6% during the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock worth $5,401,000 after purchasing an additional 4,241 shares during the period. Edmond DE Rothschild Holding S.A. grew its stake in shares of Alphabet by 4.7% in 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 during the last quarter. Finally, Wright Investors Service Inc. grew its stake in shares of Alphabet by 21.2% in 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 during the last quarter. Institutional investors own 40.03% of the company’s stock.

Alphabet Stock Up 0.2%

Shares of NASDAQ:GOOGL opened at $290.93 on Thursday. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The business’s 50-day moving average is $315.22 and its 200-day moving average is $294.43. The company has a market capitalization of $3.52 trillion, a price-to-earnings ratio of 26.91, a P/E/G ratio of 1.70 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate 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 return on equity of 35.01% and a net margin of 32.81%. Equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

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

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst support: Alphabet is among stocks that have received multiple analyst upgrades and raised price targets after strong AI and cloud results, underpinning longer‑term upside expectations. Zacks: Alphabet is a strong growth stock
• Positive Sentiment: Gemini monetization / retail tie‑ups: Gap will enable checkout inside Google’s Gemini, a step toward direct commerce monetization for the AI platform. This could help diversify revenue beyond search advertising. CNBC: Gap becomes first to offer checkout within Gemini
• Positive Sentiment: Cloud & partnerships: New deals — Openreach using Google AI to speed fibre rollout and BMO/CME launching a tokenized cash platform on Google Cloud — highlight enterprise demand for Google Cloud services and potential revenue tailwinds. Reuters: Openreach taps Google AI Reuters: BMO to launch tokenized cash platform with CME and Google Cloud
• Neutral Sentiment: Robotics / AI roadmap: DeepMind/Google partnership activity (e.g., Agile Robots) signals long‑term AI/robotics ambitions but is capital‑intensive and will take time to monetize. CNBC: Google partners with Agile Robots
• Neutral Sentiment: Regulatory/market structure watch: EU antitrust meetings with Big Tech and Google’s initiative in India to label verified investment apps are regulatory items to monitor — could mean more oversight but also proactive controls limiting consumer harm. Reuters: EU antitrust chief meets tech CEOs Reuters: Google to label verified investment apps in India
• Negative Sentiment: Landmark LA verdict — legal overhang: A Los Angeles jury found Google’s YouTube (and Meta’s Instagram) negligent in a youth social‑media addiction case, awarding compensatory damages and moving to a punitive phase. The decision creates precedent risk, could spur additional suits, and has been cited as a near‑term driver of selling pressure. Reuters: Jury reaches verdict in Meta, Google trial BusinessWire: $3M compensatory verdict
• Negative Sentiment: Macro/earnings risk: Investors remain concerned about Alphabet’s very large 2026 capex guidance, rising energy costs for AI/data centers, and a recent pullback in the stock — factors that could compress near‑term returns despite long‑term growth potential. Barron’s: Google stock slides toward bear market territory

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on GOOGL. HSBC raised their target price on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Tigress Financial set a $415.00 price target on Alphabet and gave the company a “strong-buy” rating in a research note on Thursday, February 19th. UBS Group set a $348.00 price objective on Alphabet and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Raymond James Financial upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Finally, Pivotal Research increased their target price on shares of Alphabet from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Alphabet has a consensus rating of “Moderate Buy” and an average target price of $367.18.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director owned 18,418 shares in the company, valued at $5,580,469.82. The trade was a 0.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the transaction, the chief executive officer owned 1,642,060 shares in the company, valued at $505,573,853.40. The trade was a 1.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 2,110,165 shares of company stock worth $118,134,117. Corporate insiders own 11.64% of the company’s stock.

About Alphabet

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.