Alphabet Inc. $GOOGL is HighPoint Advisor Group LLC’s 9th Largest Position

HighPoint Advisor Group LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 154,446 shares of the information services provider’s stock after buying an additional 3,043 shares during the quarter. Alphabet comprises about 1.8% of HighPoint Advisor Group LLC’s holdings, making the stock its 9th largest position. HighPoint Advisor Group LLC’s holdings in Alphabet were worth $37,546,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOOGL. Moment Partners LLC lifted its holdings in Alphabet by 9.3% in the second quarter. Moment Partners LLC now owns 5,896 shares of the information services provider’s stock worth $1,039,000 after acquiring an additional 504 shares during the last quarter. Welch Group LLC raised its position in shares of Alphabet by 4.0% during the 2nd quarter. Welch Group LLC now owns 64,262 shares of the information services provider’s stock worth $11,325,000 after purchasing an additional 2,467 shares during the period. Brooktree Capital Management bought a new stake in shares of Alphabet in the 2nd quarter worth approximately $352,000. Griffin Asset Management Inc. boosted its position in Alphabet by 13.9% during the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock valued at $14,277,000 after purchasing an additional 7,180 shares during the period. Finally, Birchcreek Wealth Management LLC grew its stake in Alphabet by 2.9% during the 2nd quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock worth $1,415,000 after buying an additional 223 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Daiwa Securities Group boosted their price target on shares of Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Raymond James Financial raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Bank of America increased their price objective on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Wall Street Zen raised Alphabet from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Susquehanna boosted their price target on shares of Alphabet from $225.00 to $350.00 and gave the stock a “positive” rating in a research report on Thursday, October 30th. 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 company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $365.86.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google and Apple are adding music-focused generative-AI features to core apps, showing Alphabet’s AI tech is moving into mainstream consumer experiences that can drive engagement and ad/licensing opportunities. Google Gemini, Apple add music-focused generative AI features
• Positive Sentiment: Google will develop AI tools with Sea Ltd for e-commerce and gaming in Southeast Asia — a tie-up that expands Google Cloud and AI reach in high-growth markets, boosting potential cloud revenue. Google, Shopee-owner Sea to develop AI tools for e-commerce, gaming
• Positive Sentiment: Industry mega-deals like the NVIDIA–Meta expansion reinforce massive, multiyear demand for AI compute — a tailwind for Google Cloud (inference/deployment demand) as hyperscalers lock in infrastructure spending. NVIDIA and Meta Deepen Their AI Alliance
• Positive Sentiment: Big investors remain supportive: Berkshire Hathaway kept its Alphabet stake in recent filings and other high-profile investors (e.g., David Tepper) have increased exposure — signals of institutional confidence in Alphabet’s cloud/AI strategy. Berkshire & AI Hyperscalers: Buffett Holds GOOGL, Dumps AMZN
• Neutral Sentiment: Booking Holdings’ stock-split/earnings story spotlights Google’s Travel/AI booking capabilities — the piece underscores competitive dynamics (Google can disintermediate travel booking) but it’s more relevant as industry context than an immediate revenue swing for Alphabet. Booking Holdings Split: The Catalyst Wall Street Didn’t See Coming
• Negative Sentiment: Insider selling: Director John Hennessy sold 600 shares (filed in mid-February) — a small but visible insider sale that can amplify short-term selling narratives. Alphabet Director John Hennessy Sells 600 Shares
• Negative Sentiment: Waymo/regulatory and operational noise: New York regulatory shifts and scrutiny around remote-assistance in robotaxis constrain Waymo’s expansion and keep a regulatory overhang on Alphabet’s AV ambitions. New York Gov. Hochul drops robotaxi service proposal for outside NYC
• Negative Sentiment: Service reliability and cost concerns: A YouTube outage and commentary about Alphabet’s heavy CapEx for AI compute contribute to short-term profit-taking and worries about near-term margins. YouTube outage hits over 32,000 users

Insider Transactions at Alphabet

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the completion of the sale, the chief executive officer directly owned 2,211,872 shares of the company’s stock, valued at approximately $723,945,705.60. The trade was a 1.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,079,982 shares of company stock worth $109,267,889. Corporate insiders own 11.64% of the company’s stock.

Alphabet Trading Down 0.2%

Shares of NASDAQ GOOGL opened at $302.85 on Friday. The business has a 50-day moving average price of $320.20 and a two-hundred day moving average price of $277.46. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The firm has a market capitalization of $3.66 trillion, a PE ratio of 28.02, a PEG ratio of 1.78 and a beta of 1.09. 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 released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. As a group, analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

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.