Public Sector Pension Investment Board Has $123.72 Million Holdings in Alphabet Inc. $GOOG

Public Sector Pension Investment Board increased its holdings in Alphabet Inc. (NASDAQ:GOOG) by 14.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 507,984 shares of the information services provider’s stock after purchasing an additional 64,275 shares during the quarter. Public Sector Pension Investment Board’s holdings in Alphabet were worth $123,720,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Manning & Napier Advisors LLC acquired a new stake in shares of Alphabet in the third quarter valued at about $32,000. Tripletail Wealth Management LLC acquired a new position in shares of Alphabet in the third quarter worth approximately $40,000. University of Illinois Foundation bought a new stake in Alphabet in the second quarter valued at approximately $31,000. Retirement Wealth Solutions LLC increased its position in Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock valued at $48,000 after purchasing an additional 116 shares during the period. Finally, Horrell Capital Management Inc. raised its holdings in Alphabet by 100.0% during the 2nd quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock worth $35,000 after purchasing an additional 100 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the transaction, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. This trade represents a 1.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This trade represents a 23.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,064,308 shares of company stock valued at $104,383,469 over the last ninety days. Company insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GOOG. Royal Bank Of Canada restated an “outperform” rating and issued a $375.00 price target on shares of Alphabet in a research report on Thursday, January 15th. UBS Group restated a “neutral” rating and issued a $348.00 target price (up previously from $345.00) on shares of Alphabet in a report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $370.00 price target on shares of Alphabet in a research report on Tuesday, January 20th. Jefferies Financial Group reissued a “buy” rating and issued a $365.00 price objective on shares of Alphabet in a research report on Monday, January 5th. Finally, Mizuho set a $325.00 price objective on Alphabet in a research note on Thursday, October 30th. Seven analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Alphabet currently has an average rating of “Buy” and an average price target of $343.90.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $306.02 on Tuesday. The firm has a market capitalization of $3.70 trillion, a P/E ratio of 28.31, a P/E/G ratio of 1.80 and a beta of 1.10. The firm’s 50-day moving average price is $321.71 and its 200-day moving average price is $276.93. 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 Inc. has a 1-year low of $142.66 and a 1-year high of $350.15.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same period last year, the business posted $2.15 EPS. The firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. Equities research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud strength and AI adoption: Cloud revenue surged ~48% y/y, Gemini usage and API adoption are scaling rapidly and enterprise backlog expanded sharply—this supports longer‑term growth expectations. Google Cloud Revenue Just Surged 48%
• Positive Sentiment: Analyst upgrades and higher price targets: Several firms (Piper Sandler, KeyBanc and others) raised price targets after Q4 results, providing a cushion for the shares despite recent weakness. Piper Sandler and KeyBanc Raise Alphabet Price Targets
• Neutral Sentiment: AI summit visibility: CEO Sundar Pichai (and other industry leaders) attending a high‑profile AI summit in India raises Alphabet’s strategic profile in a key market but is more of a long‑term positive than an immediate price driver. India hosts global AI summit
• Neutral Sentiment: Options/contrarian flows: Some market commentary flags muted institutional urgency and suggests option strategies and contrarian buyers may be active around the pullback. This can limit downside but won’t move fundamentals immediately. Calm Waters for Alphabet Stock Present a Tempting Options Trade
• Negative Sentiment: Huge 2026 CapEx guidance and financing worries: Management signaled $175–185B in 2026 capex to build AI compute; investors fear lower free cash flow and additional debt issuance to fund spending. That guidance (and talk of tapping debt markets) is a primary reason for near‑term selling. Alphabet Stock Opinions on Q4 Earnings and AI Capex Surge
• Negative Sentiment: Insider and institutional selling: Recent filings and fund rebalances show notable insider sales and some large institutional trims, which increases short‑term selling pressure and investor caution. Altarock Partners Cuts Alphabet Stake
• Negative Sentiment: Retail sentiment/near‑term price action: Social discussions and short‑term technical selling (and a recent analyst note citing a $348 target after a February dip) have amplified momentum to the downside in the short term. Analysts Set $348 Target for Google After February Dip

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.