Orleans Capital Management Corp LA Sells 5,440 Shares of Alphabet Inc. $GOOGL

Orleans Capital Management Corp LA decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 24.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,130 shares of the information services provider’s stock after selling 5,440 shares during the period. Alphabet comprises about 2.7% of Orleans Capital Management Corp LA’s investment portfolio, making the stock its 8th biggest holding. Orleans Capital Management Corp LA’s holdings in Alphabet were worth $4,164,000 at the end of the most recent reporting period.

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

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google closed its large acquisition of cybersecurity firm Wiz, bolstering Google Cloud’s security capabilities and signaling continued investment in cloud/AI — a strategic positive for long‑term cloud revenue growth. Read More.
• Positive Sentiment: New commercial wins for Google Cloud underline enterprise demand for its AI stack — Canal+ struck a multi‑year deal to use Google Cloud generative AI for production and recommendations. Read More.
• Positive Sentiment: Analyst coverage and commentaries are constructive: MarketBeat highlights a technical entry point after a pullback and many analysts still rate GOOGL as a buy; Zacks cites earnings growth and price strength as reasons to watch the stock. These viewpoints help support demand from long‑term and institutional investors. Read More.
• Neutral Sentiment: Google is reorganizing GFiber into a new independent venture with outside partners (Stonepeak/Astound); Alphabet becomes a minority owner — this recycles capital and reduces direct operational exposure, which is strategically neutral to positive but may have limited near‑term earnings impact. Read More.
• Neutral Sentiment: Recent short‑interest data in these feeds show zero or NaN values and are not meaningful — no clear short‑squeeze or covering signal from these reports. (Data appears erroneous.)
• Negative Sentiment: Regulatory pressure in key markets is rising: UK regulators have issued warnings and deadlines to tech firms on child safety online, adding potential compliance costs and uncertainty for large platforms. Read More.
• Negative Sentiment: Some commentary flags that Google’s AI leadership is being tested by competitors and market expectations — any signs of slowing AI monetization or execution stoke near‑term investor anxiety. Read More.

Insider Activity at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the transaction, the chief executive officer owned 2,244,372 shares in the company, valued at $720,914,730.12. This trade represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the sale, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,112,493 shares of company stock valued at $118,605,094. Insiders own 11.64% of the company’s stock.

Analyst Ratings Changes

GOOGL has been the subject of several recent research reports. Citigroup upped their target price on Alphabet from $350.00 to $390.00 and gave the company a “buy” rating in a report on Friday, February 6th. Daiwa Securities Group upped their price objective on Alphabet from $333.00 to $380.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. KeyCorp set a $370.00 target price on Alphabet and gave the company an “overweight” rating in a research note on Thursday, February 5th. President Capital boosted their price target on shares of Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Raymond James Financial upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Three investment 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.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $367.18.

Alphabet Price Performance

Shares of GOOGL opened at $303.55 on Friday. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The stock’s fifty day moving average is $319.37 and its 200-day moving average is $288.58. 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 firm has a market capitalization of $3.67 trillion, a price-to-earnings ratio of 28.08, a price-to-earnings-growth ratio of 1.81 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Equities analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

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.