Alphabet Inc. $GOOGL Shares Sold by SVB Wealth LLC

SVB Wealth LLC lowered its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 9.5% during the third quarter, Holdings Channel reports. The fund owned 136,204 shares of the information services provider’s stock after selling 14,342 shares during the quarter. Alphabet makes up 1.8% of SVB Wealth LLC’s holdings, making the stock its 12th largest holding. SVB Wealth LLC’s holdings in Alphabet were worth $33,111,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Delta Asset Management LLC TN lifted its holdings in shares of Alphabet by 0.6% in the 3rd quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock valued at $1,496,000 after buying an additional 37 shares during the period. Matisse Capital raised its position in Alphabet by 0.3% during the third quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock valued at $3,601,000 after acquiring an additional 38 shares in the last quarter. Breakwater Investment Management lifted its holdings in Alphabet by 1.0% in the third quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock valued at $1,028,000 after acquiring an additional 41 shares during the period. Wealth Alliance Advisory Group LLC boosted its position in Alphabet by 1.0% in the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after purchasing an additional 41 shares in the last quarter. Finally, Clearview Wealth Advisors LLC grew its stake in shares of Alphabet by 3.3% during the 3rd quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock worth $312,000 after purchasing an additional 41 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Down 0.2%

Shares of GOOGL opened at $310.90 on Wednesday. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. The firm has a market capitalization of $3.76 trillion, a P/E ratio of 28.76, a P/E/G ratio of 1.83 and a beta of 1.09. The firm has a 50-day moving average price of $320.47 and a 200 day moving average price of $281.05. 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:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating 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 net margin of 32.81% and a return on equity of 35.01%. Sell-side analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors 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 payout ratio is 7.77%.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of several analyst reports. New Street Research raised their price target on shares of Alphabet from $330.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Citic Securities raised their price objective on Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Canaccord Genuity Group set a $415.00 target price on Alphabet in a research report on Thursday, February 5th. DA Davidson increased their price objective on shares of Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Finally, Rosenblatt Securities upped their price target on shares of Alphabet from $279.00 to $357.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $366.57.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst upgrades and higher price targets provide near-term support — Loop Capital raised its price target to $355 and Wells Fargo moved to a more constructive stance, boosting buy-side momentum. Read More.
• Positive Sentiment: Waymo commercialization expands — Waymo is rolling out robotaxi service to multiple new U.S. markets (Dallas, Houston, San Antonio, Orlando), which supports a pathway to revenue growth for Alphabet’s autonomous-vehicle unit. Read More.
• Positive Sentiment: Big data-center energy deals lower operational risk for AI/cloud buildout — Google announced a 1.9GW clean-power-backed Minnesota project that includes a 300MW / 100-hour battery, and utilities/energy firms signed long-term supply deals for new Google sites, improving power resiliency for Cloud/AI capacity. Read More.
• Positive Sentiment: Hidden assets and ecosystem stakes add optionality — Alphabet’s strategic holdings (notably ~14% of Anthropic and an early SpaceX stake) plus Gemini integrations (including reported Apple interest) are underappreciated upside drivers for Cloud, AI licensing and potential mark-to-market gains. Read More.
• Neutral Sentiment: Industry capex race: Bridgewater sees ~$650B in Big Tech AI investment for 2026 — this underscores continued capacity expansion that benefits hyperscalers but increases execution/timing uncertainty. Read More.
• Neutral Sentiment: AI chip competition heats up — WSJ coverage highlights intensifying GPU/custom-chip rivalry (Google vs. Nvidia and others), a structural trend that affects margins, procurement and product differentiation. Read More.
• Negative Sentiment: Notable investor rotations and selling — reports show Renaissance trimmed a large position (~$700M sale) and some high-profile funds reduced exposure, which can weigh on intraday flows and dampen momentum. Read More.
• Negative Sentiment: Legal and regulatory risks persist — Klarna expects a Swedish court verdict related to Google patents on April 15, adding event risk for the stock. Read More.
• Negative Sentiment: AI capex funded with debt raises investor caution — coverage warns hyperscalers (including Alphabet) are increasing AI-related spending and in some cases using debt, which shifts risk and could pressure valuations if returns take longer than expected. Read More.

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the sale, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,112,482 shares of company stock worth $119,145,289. 11.55% of the stock is owned by corporate insiders.

Alphabet 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.