Alphabet Inc. $GOOGL Shares Sold by Parthenon LLC

Parthenon LLC lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 159,113 shares of the information services provider’s stock after selling 1,529 shares during the quarter. Alphabet makes up about 5.4% of Parthenon LLC’s holdings, making the stock its 3rd biggest position. Parthenon LLC’s holdings in Alphabet were worth $49,802,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of GOOGL. Brighton Jones LLC lifted its position in Alphabet by 3.9% in the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after acquiring an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Alphabet by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after purchasing an additional 506 shares during the last quarter. Matrix Asset Advisors Inc. NY grew its holdings in shares of Alphabet by 17.6% during the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after purchasing an additional 581 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Alphabet by 11.2% during the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after purchasing an additional 48,805 shares in the last quarter. Finally, United Bank increased its position in shares of Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after purchasing an additional 3,120 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet Stock Down 0.1%

Shares of NASDAQ GOOGL opened at $338.89 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The firm’s 50-day moving average is $308.53 and its two-hundred day moving average is $303.92. Alphabet Inc. has a 12-month low of $147.84 and a 12-month high of $349.00. The company has a market capitalization of $4.10 trillion, a PE ratio of 31.35, a price-to-earnings-growth ratio of 2.09 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $111.24 billion. Equities analysts anticipate that Alphabet Inc. will post 11.57 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wolfe Research decreased their target price on Alphabet from $390.00 to $360.00 and set an “outperform” rating for the company in a research report on Friday, April 10th. Truist Financial set a $385.00 price target on Alphabet in a research report on Thursday, February 5th. Phillip Securities boosted their price objective on Alphabet from $340.00 to $395.00 and gave the company a “moderate buy” rating in a research note on Wednesday, April 15th. Daiwa Securities Group increased their price objective on Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Barclays restated an “overweight” rating and set a $360.00 target price (up from $315.00) on shares of Alphabet in a research report on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and a consensus price target of $369.67.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled two eighth‑generation TPUs (separate chips for training and inference), a move that could lower AI infrastructure costs and help Google Cloud compete with Nvidia. This product push underpins revenue and margin upside in cloud/AI services. Google Cloud launches two new AI chips to compete with Nvidia
• Positive Sentiment: Alphabet amplified its enterprise AI strategy at Cloud Next — launching the Gemini Enterprise Agent Platform and a $750M partner fund to accelerate agentic AI adoption. That accelerates monetization paths for AI in Google Cloud. Google makes an interesting choice with its new agent building tool for enterprises
• Positive Sentiment: Large commercial deals are following: Merck committed up to $1B to use Google Cloud and Gemini Enterprise, validating enterprise demand and multiyear revenue potential for cloud AI services. Merck to partner with Google Cloud on AI initiatives
• Positive Sentiment: Several sell‑side firms raised targets or reiterated bullish views (BMO to $410, UBS up to $375, Cantor to $395, KeyCorp to $380; JPMorgan and BofA reiterated Buy), signaling analyst confidence in Cloud + AI-driven growth ahead of Q1 results. BMO Raises Alphabet’s Target to $410 and Calls It “the Best Way to Own AI”
• Neutral Sentiment: Google is rolling consumer and workplace AI features (Wallet travel updates, Workspace automation, Chrome “auto browse”) that expand product engagement but are longer‑term monetization plays. Google updates Workspace to make AI your new office intern
• Neutral Sentiment: Independent bullish commentary (e.g., investor columns and pundit targets like Jim Cramer) support investor conviction but are opinion‑driven rather than new fundamentals. Jim Cramer sets Google stock price target
• Negative Sentiment: EU regulators are pressuring Google to give rival AI assistants access to Android features — a potential regulatory move that could weaken Android‑centric advantages and complicate Google’s ad/assistant ecosystem. Google Faces New EU Pressure to Give AI Rivals Android Access
• Negative Sentiment: Recent insider selling was reported, which briefly pressured shares; while not necessarily indicative of fundamentals, it can spook short‑term sentiment ahead of earnings. Alphabet Inc. (NASDAQ:GOOGL) Shares Down 1.2% Following Insider Selling

Insiders Place Their Bets

In related news, Director Frances Arnold sold 112 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total transaction of $33,934.88. Following the sale, the director owned 18,418 shares of the company’s stock, valued at $5,580,469.82. This trade represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Amie Thuener O’toole sold 617 shares of Alphabet stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the sale, the chief accounting officer owned 10,093 shares of the company’s stock, valued at approximately $2,923,235.59. This represents a 5.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 2,037,294 shares of company stock valued at $94,216,897. Insiders own 11.64% of the company’s stock.

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.