Alphabet Inc. $GOOGL Shares Sold by iA Global Asset Management Inc.

iA Global Asset Management Inc. trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 10.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 747,825 shares of the information services provider’s stock after selling 88,762 shares during the quarter. Alphabet accounts for about 2.5% of iA Global Asset Management Inc.’s portfolio, making the stock its 7th largest position. iA Global Asset Management Inc.’s holdings in Alphabet were worth $181,796,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after buying an additional 6,733,278 shares during the last quarter. State Street Corp lifted its position in Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after acquiring an additional 4,008,374 shares during the period. Geode Capital Management LLC grew its stake in Alphabet by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock valued at $24,857,017,000 after purchasing an additional 4,224,497 shares during the last quarter. Norges Bank acquired a new position in shares of Alphabet in the second quarter valued at about $21,944,208,000. Finally, Invesco Ltd. raised its stake in shares of Alphabet by 1.2% in the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock worth $7,780,875,000 after purchasing an additional 503,306 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Stock Down 0.5%

Shares of NASDAQ GOOGL opened at $331.25 on Friday. The firm has a market cap of $4.00 trillion, a price-to-earnings ratio of 30.64, a price-to-earnings-growth ratio of 2.01 and a beta of 1.09. The company’s 50-day simple moving average is $321.54 and its 200-day simple moving average is $269.25. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 36.21%. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Equities analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The company 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. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 7.77%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet reported another beat: Q4 EPS and revenue topped estimates, Google Cloud grew ~48% Y/Y and annual revenue exceeded $400B—clear fundamental drivers for longer‑term growth. Read More.
• Positive Sentiment: Multiple Wall Street firms raised price targets and reiterated buy/outperform views after the results, supporting upside case (examples include Deutsche Bank, RBC, Needham and others). Read More.
• Positive Sentiment: Commercial traction for AI and subscriptions continues (Gemini user metrics, YouTube/Google One paid subs), reinforcing monetization of AI investments over time. Read More.
• Neutral Sentiment: Alphabet announced a small quarterly dividend ($0.21/share)—signal of returning capital but limited near‑term impact on valuation. Read More.
• Neutral Sentiment: Insider selling (CAO sold ~933 shares) and mixed analyst notes (some neutral ratings) create potential short‑term noise; institutional positioning remains large. Read More.
• Negative Sentiment: The 2026 capex outlook—$175B–$185B—shocked markets; investors fear near‑term margin/earnings dilution and a multi‑year heavy cash outflow, prompting an after‑hours/pre‑market selloff. Read More.
• Negative Sentiment: Market reaction: shares fell sharply in pre‑market/early trading as tech indexes pulled back, reflecting short‑term risk aversion to large AI spending even as fundamentals remain solid. Read More.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on GOOGL shares. Moffett Nathanson increased their price target on shares of Alphabet from $305.00 to $350.00 and gave the stock a “buy” rating in a report on Thursday. Royal Bank Of Canada increased their price objective on shares of Alphabet from $375.00 to $400.00 and gave the stock an “outperform” rating in a research note on Thursday. Sanford C. Bernstein boosted their target price on shares of Alphabet from $305.00 to $335.00 and gave the company a “market perform” rating in a research report on Monday. CIBC increased their price target on Alphabet to $315.00 in a research report on Monday, October 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a research note on Thursday. Four analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and an average price target of $354.86.

Insider Activity

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 933 shares of Alphabet stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total transaction of $314,001.15. Following the sale, the chief accounting officer directly owned 9,916 shares in the company, valued at approximately $3,337,229.80. This trade represents a 8.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,035,186 shares of company stock valued at $94,458,941 in the last three months. Company insiders own 11.64% of the company’s stock.

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.