Alphabet Inc. $GOOGL Shares Sold by Hoffman Alan N Investment Management

Hoffman Alan N Investment Management lowered its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 39.0% in the fourth quarter, HoldingsChannel reports. The fund owned 38,924 shares of the information services provider’s stock after selling 24,920 shares during the period. Alphabet accounts for approximately 6.9% of Hoffman Alan N Investment Management’s investment portfolio, making the stock its 4th largest holding. Hoffman Alan N Investment Management’s holdings in Alphabet were worth $12,183,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. CIBC Bancorp USA Inc. bought a new position in Alphabet in the third quarter valued at approximately $416,217,000. Griffin Asset Management Inc. grew its holdings 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 worth $14,277,000 after acquiring an additional 7,180 shares during the period. Sovran Advisors LLC raised its position in shares of Alphabet by 23.6% during the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock valued at $5,401,000 after acquiring an additional 4,241 shares during the last quarter. Birchcreek Wealth Management LLC raised its position in shares of Alphabet by 2.9% during the 2nd quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock valued at $1,415,000 after acquiring an additional 223 shares during the last quarter. Finally, Edmond DE Rothschild Holding S.A. lifted its stake in shares of Alphabet by 4.7% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 1,457,732 shares of the information services provider’s stock valued at $256,896,000 after purchasing an additional 65,439 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,110,165 shares of company stock valued at $118,134,117 over the last 90 days. 11.64% of the stock is owned by company insiders.

Alphabet Stock Performance

Shares of Alphabet stock opened at $301.00 on Friday. The stock’s fifty day simple moving average is $317.62 and its 200 day simple moving average is $293.14. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $3.64 trillion, a PE ratio of 27.84, a PEG ratio of 1.76 and a beta of 1.10. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00.

Alphabet (NASDAQ:GOOGL) 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 $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. On average, research analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were 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 was Monday, March 9th. Alphabet’s payout ratio is 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hired Jasjeet Sekhon, Bridgewater’s chief scientist, as chief strategy officer — a high‑profile talent win that reinforces Alphabet’s DeepMind AI bench and long‑term product roadmap. Exclusive: Bridgewater’s chief scientist Sekhon to join Google’s DeepMind AI unit
• Positive Sentiment: High‑profile endorsement: Elon Musk tweeted that Google will “win the AI race in the West,” a bullish signal for market perception of Alphabet’s AI leadership. Elon Musk Says China Will Win The AI Race, But Here’s Where SpaceX Will Win
• Positive Sentiment: Product momentum: Google’s new “Stitch” AI design features are pressuring rivals (e.g., Figma’s stock fell), underscoring expanding addressable market for Google’s AI tools. Figma’s stock drops 11% in two days after Google releases ‘vibe design’ product
• Positive Sentiment: Market commentary highlights Alphabet’s operational strength (consecutive earnings beats, Cloud acceleration), supporting the bullish analyst consensus and relative outperformance among mega‑caps. 2 Tech Giants Holding Their Ground While the Market Slides
• Neutral Sentiment: Insider sales disclosed: CEO Sundar Pichai sold ~32,500 shares (~$10M) and Director John Hennessy sold a small stake — notable but small relative to total insider holdings; monitor if these continue. Insider filing: Sundar Pichai sale
• Neutral Sentiment: Short‑interest data in the feeds appears anomalous/zero and provides no clear signal (no days‑to‑cover build reported).
• Neutral Sentiment: Competitive takes: Analysts compare Snowflake and Alphabet on cloud analytics — SNOW’s momentum is notable but doesn’t negate Google Cloud’s growth trajectory. Snowflake vs Alphabet: Which Cloud Analytics Stock Has an Edge Now?
• Negative Sentiment: Investor concern about massive hyperscaler AI spending — analysts flag $410B+ capex across hyperscalers and question near‑term returns, a theme that can pressure tech multiples including GOOGL. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
• Negative Sentiment: Valuation debate persists: coverage notes shifting investment story as AI deals and capex raise questions about near‑term upside despite solid fundamentals. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions

Analyst Ratings Changes

Several research firms have recently issued reports on GOOGL. HSBC raised their price target on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alphabet in a report on Monday, February 9th. Raymond James Financial raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Moffett Nathanson raised their target price on Alphabet from $305.00 to $350.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Wolfe Research boosted their target price on Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a research report on Friday, January 23rd. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and an average target price of $367.18.

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.