Alphabet Inc. $GOOGL Stock Holdings Decreased by Reliant Investment Management LLC

Reliant Investment Management LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 5.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,993 shares of the information services provider’s stock after selling 2,867 shares during the quarter. Alphabet makes up 6.1% of Reliant Investment Management LLC’s holdings, making the stock its 2nd largest holding. Reliant Investment Management LLC’s holdings in Alphabet were worth $15,022,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. CIBC Bancorp USA Inc. purchased a new stake in Alphabet in the 3rd quarter worth $416,217,000. Griffin Asset Management Inc. lifted its stake in Alphabet by 13.9% in the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock worth $14,277,000 after purchasing an additional 7,180 shares in the last quarter. Sovran Advisors LLC lifted its stake in Alphabet by 23.6% in the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock worth $5,401,000 after purchasing an additional 4,241 shares in the last quarter. Wright Investors Service Inc. lifted its stake in Alphabet by 21.2% in the 3rd quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider’s stock worth $12,171,000 after purchasing an additional 8,746 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its stake in Alphabet by 3.8% in the 3rd quarter. CIBC Asset Management Inc now owns 1,666,577 shares of the information services provider’s stock worth $405,131,000 after purchasing an additional 60,831 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wedbush boosted their price target on shares of Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Roth Mkm boosted their target price on shares of Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Bank of America boosted their target price on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Cantor Fitzgerald restated an “overweight” rating and issued a $370.00 target price on shares of Alphabet in a report on Wednesday, April 8th. Finally, Royal Bank Of Canada boosted their target price on shares of Alphabet from $375.00 to $400.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $367.06.

Insider Activity at Alphabet

In related news, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. This represents a 8.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,068,744 shares of company stock worth $104,505,914 in the last three months. 11.55% of the stock is owned by insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: UBS and other analysts pointed to the extended Broadcom–Google agreement as easing investor concerns about TPU supply and long-term AI infrastructure continuity—this reduces a key operational risk for Google’s cloud/AI growth story. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS
• Positive Sentiment: Citi put Alphabet on a 90-day “upside Catalyst Watch,” flagging a cluster of product, event and AI-related catalysts that could lift the stock into July—an institutional signal that near-term momentum may continue. Citi is bullish on Google stock in near term ahead of several catalysts
• Positive Sentiment: Anthropic’s expanding partnership with Broadcom and Alphabet on custom AI chips reinforces Google’s role as an AI infrastructure provider and supports upside for TPU monetization opportunities. Did Anthropic, Alphabet, and Broadcom Just Say Checkmate to Nvidia?
• Positive Sentiment: High‑profile investors continue to add to positions (Stanley Druckenmiller materially increased his Alphabet stake), a demand signal that can support price momentum. Stanley Druckenmiller Made 1 Huge Bet That Still Looks Attractive Today and Cut 2 Top Positions
• Neutral Sentiment: Mixed analyst moves and price-target changes: some firms raised/maintained bullish targets while others trimmed forecasts—keeps sentiment constructive but highlights divergent views on upside magnitude. Benzinga
• Neutral Sentiment: Product and ecosystem activity ahead of Google Cloud Next (partners showcasing AI-native tools) supports ongoing enterprise demand narratives but is incremental vs. headline catalysts. groundcover Showcases AI-Native Observability at Google Cloud Next 2026
• Negative Sentiment: Antitrust risk resurfaced as rival app store Aptoide sued Google alleging monopoly over Android app distribution and billing—this could increase legal and regulatory scrutiny, potentially leading to fines or business changes if it gains traction. Google sued by rival app store Aptoide over alleged monopoly
• Negative Sentiment: Competitive pressure in advertising: reports project Meta could overtake Google in global digital-ad revenue this year, and Meta’s new Muse Spark model is reinvigorating its ad-product momentum—both trends pose downside risk to Google’s core ad growth. Meta poised to surpass Google in digital ad revenue for first time, report says
• Negative Sentiment: Ad-quality and fraud concerns (new “pushpaganda” scam) highlight ongoing risks to user trust and publisher/advertiser effectiveness on Google surfaces, which could pressure monetization if widespread. HUMAN’s Satori Researchers Identify Novel Ad Fraud and Scareware Threat, Pushpaganda

Alphabet Stock Performance

Alphabet stock opened at $332.82 on Wednesday. The company’s 50-day moving average price is $306.27 and its 200-day moving average price is $300.18. Alphabet Inc. has a twelve month low of $146.10 and a twelve month high of $349.00. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market cap of $4.03 trillion, a PE ratio of 30.79, a price-to-earnings-growth ratio of 1.98 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for 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%. On average, equities research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

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