Alphabet Inc. $GOOG Shares Acquired by Stevens Capital Management LP

Stevens Capital Management LP grew its position in Alphabet Inc. (NASDAQ:GOOG) by 401.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,356 shares of the information services provider’s stock after buying an additional 52,310 shares during the quarter. Alphabet makes up approximately 2.1% of Stevens Capital Management LP’s portfolio, making the stock its 13th largest position. Stevens Capital Management LP’s holdings in Alphabet were worth $15,917,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Norges Bank purchased a new position in Alphabet during the 2nd quarter worth approximately $4,298,572,000. JPMorgan Chase & Co. boosted its position in shares of Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock worth $24,240,469,000 after buying an additional 7,904,434 shares during the period. Vanguard Group Inc. grew its holdings in shares of Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock valued at $73,927,821,000 after buying an additional 5,182,111 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Alphabet by 73.5% during the third quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock valued at $2,388,775,000 after buying an additional 4,154,929 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in Alphabet by 17,547.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock valued at $731,331,000 after buying an additional 4,099,366 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insider Buying and Selling

In other Alphabet news, CAO Amie Thuener O’toole sold 933 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the sale, the chief accounting officer directly owned 9,916 shares of the company’s stock, valued at $3,337,229.80. This represents a 8.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction on Friday, January 30th. The stock was 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 2,112,482 shares of company stock valued at $119,145,289 in the last ninety days. Company insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on GOOG shares. Pivotal Research restated a “buy” rating and set a $420.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. HSBC restated a “buy” rating and issued a $335.00 price objective on shares of Alphabet in a report on Thursday, October 30th. Oppenheimer reiterated an “outperform” rating and issued a $360.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Bank of America increased their price target on shares of Alphabet from $280.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Finally, Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and upped their price objective for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $343.90.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wells Fargo upgraded GOOG to a “strong-buy”/Overweight, citing renewed conviction after recent rallies and AI progress — this upgrade and related media coverage are lifting investor sentiment. Wells Fargo upgrade (Zacks)
• Positive Sentiment: Zillow announced a partnership to integrate home‑buying guidance with Google’s NotebookLM, a visible commercial win for Google Cloud / AI product integrations that can support cloud revenue and platform monetization. Zillow & Google partnership (Yahoo)
• Positive Sentiment: MarketBeat highlights underappreciated assets — Alphabet’s Anthropic stake, early SpaceX investment and Gemini distribution on billions of devices — which add optionality beyond core ads and reinforce a bullish long-term narrative. Alphabet’s hidden edge (MarketBeat)
• Positive Sentiment: Mizuho and other firms have reiterated Outperform/Buy calls and raised price targets (median recent target near $370, several much higher), reinforcing analyst support that can prop up the stock. Mizuho reiteration (Yahoo)
• Neutral Sentiment: Industry analysis (Bridgewater) expects ~ $650B of Big Tech AI capex in 2026 — this validates the AI opportunity but underscores material near‑term spending that will weigh on free cash flow; investors are parsing timing vs. payoff. Big Tech AI capex (Reuters)
• Negative Sentiment: Insider selling headlines persist — filings show large sales by senior executives (including the CEO), which can pressure sentiment even as management says sales are routine. Insider selling report (American Banking News)
• Negative Sentiment: Social and investor commentary (QuiverQuant summaries, Michael Burry warning) flag concerns that aggressive AI accounting or depreciation choices and capex could mask true costs and reduce near‑term FCF — a risk that can cap upside while investors reassess margins. Capex & investor debate (QuiverQuant)

Alphabet Stock Down 1.0%

GOOG stock opened at $311.69 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. The company has a 50-day moving average of $321.00 and a two-hundred day moving average of $280.89. The stock has a market capitalization of $3.77 trillion, a price-to-earnings ratio of 28.83, a price-to-earnings-growth ratio of 1.85 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the company posted $2.15 earnings per share. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a dividend of $0.21 per share. The ex-dividend date 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 7.77%.

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.