Alphabet Inc. $GOOG Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky reduced its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 7.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 525,771 shares of the information services provider’s stock after selling 44,900 shares during the period. Alphabet accounts for approximately 1.0% of Teachers Retirement System of The State of Kentucky’s holdings, making the stock its 10th biggest position. Teachers Retirement System of The State of Kentucky’s holdings in Alphabet were worth $128,052,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GOOG. Vanguard Group Inc. increased its position in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after buying an additional 5,182,111 shares during the period. State Street Corp increased its stake in Alphabet by 1.3% during the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock valued at $33,511,477,000 after acquiring an additional 2,428,266 shares during the period. Geode Capital Management LLC raised its holdings in Alphabet by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock valued at $19,022,926,000 after acquiring an additional 441,177 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Alphabet by 8.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after acquiring an additional 7,904,434 shares in the last quarter. Finally, Sanders Capital LLC lifted its position in shares of Alphabet by 6.4% in the 2nd quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock worth $6,272,146,000 after acquiring an additional 2,117,990 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Price Performance

NASDAQ:GOOG opened at $303.53 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The firm has a market cap of $3.67 trillion, a PE ratio of 28.08, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The company’s 50-day moving average price is $321.14 and its two-hundred day moving average price is $285.34.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Alphabet’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.15 earnings per share. On average, equities analysts anticipate that Alphabet Inc. will post 8.89 EPS 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. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched a faster, lower-cost Gemini 3.1 Flash‑Lite model and continues heavy AI/cloud investment — a clear revenue and margin growth thesis for Search and Cloud as AI adoption ramps. Google Launches Gemini 3.1 Flash-Lite
• Positive Sentiment: Analysts and modelers are lifting Alphabet’s fair value and price targets as AI and “heavy compute” capex are re‑priced into long‑term cash flow expectations — a bullish fundamental backdrop for multiples. How The Alphabet Investment Story Is Shifting
• Positive Sentiment: Institutional buying and notable stakes (including Berkshire’s disclosed position) reinforce demand and provide a floor to volatility; many firms still carry buy/outperform ratings. Berkshire Holds Alphabet Position
• Neutral Sentiment: Alphabet’s management outreach (recent Morgan Stanley conference presentation/transcript) provides incremental visibility on strategy and capex cadence but contained new guidance. Morgan Stanley Conference Transcript
• Neutral Sentiment: Short‑interest reports in the feed are inconsistent/low‑quality (zeros/NaN), so they’re not a reliable short‑term driver; ignore noisy short‑data anomalies until clearer reports arrive.
• Negative Sentiment: Escalating Middle East conflict has prompted temporary office closures and operational disruptions for tech firms, fueling broad market risk-off flows that pressure large cap tech stocks, including Alphabet. Offices Closed Amid U.S.-Iran War
• Negative Sentiment: Worker pushback and public scrutiny over military AI contracts could create reputational and contract‑execution uncertainty as Google negotiates Pentagon ties for Gemini — potential governance/PR headwinds. Employees Call for Military Limits
• Negative Sentiment: Competitive pressure: OpenAI released a new GPT‑5.3 Instant model on the same day as Google’s Gemini update, increasing the pace of model competition and the need for continued R&D spending. OpenAI Launches GPT-5.3 Instant
• Negative Sentiment: Waymo (Alphabet’s AV unit) is under NTSB investigation for incidents involving stopped school buses, creating regulatory and liability risk that can weigh on investor sentiment for the broader parent. NTSB Investigates Waymo Incidents

Insider Buying and Selling

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the sale, the chief executive officer owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This trade represents a 1.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,078,926 shares of company stock valued at $108,426,720 in the last 90 days. 12.99% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

GOOG has been the topic of a number of research reports. Royal Bank Of Canada restated an “outperform” rating and set a $375.00 price objective on shares of Alphabet in a research report on Thursday, January 15th. Sanford C. Bernstein reissued a “market perform” rating and issued a $345.00 price target on shares of Alphabet in a report on Thursday, February 5th. DZ Bank raised shares of Alphabet to a “strong-buy” rating in a report on Monday, February 16th. DA Davidson set a $300.00 target price on shares of Alphabet in a research note on Tuesday, November 25th. Finally, UBS Group restated a “neutral” rating and set a $348.00 price target (up from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average price target of $343.90.

Alphabet Company 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.