Alphabet Inc. $GOOG is Matrix Asset Advisors Inc. NY’s 3rd Largest Position

Matrix Asset Advisors Inc. NY decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 157,612 shares of the information services provider’s stock after selling 2,992 shares during the quarter. Alphabet comprises 4.4% of Matrix Asset Advisors Inc. NY’s holdings, making the stock its 3rd largest holding. Matrix Asset Advisors Inc. NY’s holdings in Alphabet were worth $49,459,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Ipswich Investment Management Co. Inc. lifted its stake in shares of Alphabet by 3.6% in the 4th quarter. Ipswich Investment Management Co. Inc. now owns 15,647 shares of the information services provider’s stock valued at $4,910,000 after purchasing an additional 550 shares during the last quarter. Capelight Capital Asset Management LP acquired a new stake in shares of Alphabet during the 4th quarter worth about $7,845,000. Applied Capital LLC FL raised its holdings in Alphabet by 8.7% in the 4th quarter. Applied Capital LLC FL now owns 27,794 shares of the information services provider’s stock valued at $8,722,000 after buying an additional 2,233 shares during the period. TB Alternative Assets Ltd. lifted its position in Alphabet by 30.1% in the fourth quarter. TB Alternative Assets Ltd. now owns 312,831 shares of the information services provider’s stock valued at $98,166,000 after buying an additional 72,400 shares during the last quarter. Finally, Oldfather Financial Services LLC lifted its position in Alphabet by 37.5% in the fourth quarter. Oldfather Financial Services LLC now owns 2,754 shares of the information services provider’s stock valued at $864,000 after buying an additional 751 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insider Buying and Selling

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total value of $9,877,400.00. Following the sale, the chief executive officer owned 2,818,524 shares of the company’s stock, valued at $856,605,814.08. This trade represents a 1.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Monday, March 16th. The shares were 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. The trade was a 18.48% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 2,101,844 shares of company stock valued at $115,147,751. 12.99% of the stock is currently owned by company insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Broadcom signed a long‑term agreement to develop and supply Google’s future custom AI chips (through 2031) and expanded compute arrangements that also involve Anthropic — this secures a key supply chain component for Google’s next‑gen AI racks and supports Google Cloud/Gemini scale. Broadcom signs long-term deal to develop Google’s custom AI chips
• Positive Sentiment: Investor/analyst backing is resurfacing: billionaire/allocations (Druckenmiller, Ken Griffin mentions) and fresh analyst notes keep a constructive view on GOOGL’s AI and cloud growth — supportive for sentiment and demand for shares. Alphabet is a Top AI Stock Pick of Billionaire Ken Griffin
• Neutral Sentiment: Google adjusted Gemini pricing for different AI workloads — this gives developers more levers to trade cost vs. performance and could help adoption and monetization, but the revenue impact will depend on uptake and pricing mix. Google Adjusts Gemini Pricing for Different AI Workloads
• Negative Sentiment: Large planned 2026 capital spending (reports cite ~$175–$185B / ~$180B) is a double‑edged sword — it underpins AI/cloud leadership but will likely pressure margins and free cash flow in the near term. Nobody Believed In Alphabet: In 2026, It Faces Its Biggest Test
• Negative Sentiment: Shareholder and community pressure over water and power use at data centers is rising — potential project delays, cancellations or increased compliance costs are execution risks for expansion plans. Investors press Amazon, Microsoft and Google on water, power use in US data centers
• Negative Sentiment: Reports that Google’s AI “Overviews” can be manipulated by scammers have triggered anti‑spam fixes — a reminder that product reliability and user trust issues could impact search experience and ad monetization if not fully resolved. Alphabet Faces AI Overview Fraud Questions
• Negative Sentiment: Visible insider selling and mixed institutional flows (large rebalances reported) add a technical/headline headwind that can amplify short‑term volatility despite strong fundamentals. Quiver Quantitative summary of opinions and insider activity

Alphabet Trading Up 1.1%

Shares of GOOG stock opened at $297.66 on Tuesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market capitalization of $3.60 trillion, a P/E ratio of 27.54, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13. The company has a 50 day moving average price of $308.28 and a 200 day moving average price of $297.57. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, February 5th. 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 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 analyst estimates of $111.24 billion. During the same period in the prior year, the business earned $2.15 EPS. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. Equities research analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on GOOG shares. Jefferies Financial Group reiterated a “buy” rating and set a $365.00 price target on shares of Alphabet in a research report on Monday, January 5th. UBS Group restated a “neutral” rating and issued a $348.00 price objective (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Piper Sandler reaffirmed an “overweight” rating and set a $395.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Raymond James Financial raised Alphabet from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $315.00 to $400.00 in a research report on Thursday, January 22nd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $375.00 price target on shares of Alphabet in a research note on Thursday, January 15th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average price target of $345.71.

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.