Trivest Advisors Ltd Has $84.98 Million Stake in Alphabet Inc. $GOOG

Trivest Advisors Ltd lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 12.1% during the third quarter, HoldingsChannel reports. The firm owned 348,900 shares of the information services provider’s stock after selling 48,000 shares during the quarter. Alphabet comprises 2.7% of Trivest Advisors Ltd’s holdings, making the stock its 15th largest holding. Trivest Advisors Ltd’s holdings in Alphabet were worth $84,975,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Advyzon Investment Management LLC lifted its stake in Alphabet by 37.8% in the third quarter. Advyzon Investment Management LLC now owns 16,763 shares of the information services provider’s stock valued at $4,082,000 after buying an additional 4,595 shares in the last quarter. Siligmueller & Norvid Wealth Advisors LLC boosted its stake in Alphabet by 21.5% in the 3rd quarter. Siligmueller & Norvid Wealth Advisors LLC now owns 1,567 shares of the information services provider’s stock worth $382,000 after purchasing an additional 277 shares during the period. Manuka Financial LLC bought a new position in Alphabet during the 3rd quarter worth about $206,000. Stevens Capital Management LP raised its stake in shares of Alphabet by 401.0% in the 3rd quarter. Stevens Capital Management LP now owns 65,356 shares of the information services provider’s stock valued at $15,917,000 after purchasing an additional 52,310 shares during the period. Finally, Darden Wealth Group Inc lifted its holdings in shares of Alphabet by 1.4% in the third quarter. Darden Wealth Group Inc now owns 14,513 shares of the information services provider’s stock valued at $3,535,000 after purchasing an additional 195 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $306.73, for a total transaction of $184,038.00. Following the completion of the sale, the director directly owned 20,624 shares of the company’s stock, valued at approximately $6,325,999.52. This trade represents a 2.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet 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 disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 2,112,482 shares of company stock valued at $119,145,289. Company insiders own 12.99% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large clean‑energy / data‑center deals: Google announced a 1.9GW Minnesota data‑center project backed by long‑duration batteries (including a 300MW / 100‑hour Form Energy system) and has power agreements (Xcel, AES) to support new sites — this reduces energy/supply risk for massive AI compute buildouts and supports long‑term margin/capex efficiency. Google’s new 1.9GW clean energy deal includes massive 100-hour battery Xcel Energy to power new Google data center in Minnesota
• Positive Sentiment: Strategic energy bet headlines: commentary frames Google’s moves (including reports calling it a multibillion/$100B‑scale bet on iron‑battery power) as a strategic solution to AI compute’s electricity constraints — viewed as a structural positive for scaling Gemini and Cloud. Google Stock Gets Energized by $100 Billion Bet on Rust Power from Iron Batteries for Data Centers
• Positive Sentiment: Analyst support / fundamental positives: Wells Fargo upgraded Alphabet to strong‑buy and several firms have raised price targets; separate features highlight Alphabet’s hidden assets (Anthropic stake, SpaceX exposure) that add optionality beyond core Search/Cloud. Those headlines underpin buy‑the‑dip flows. Wells Fargo upgrades Alphabet (GOOG) Alphabet’s Quiet Edge: The Hidden Assets Powering Its Run
• Neutral Sentiment: Debate over AI capex: research and social commentary flag an aggressive AI infrastructure build (bridgewater estimate of huge industry spending); some analysts view the capex as widening Alphabet’s moat, others worry short‑term free cash flow will be pressured — creates mixed near‑term sentiment/volatility. Alphabet: The AI CapEx Shock That Will Widen The Moat Big Tech to invest about $650 billion in AI in 2026, Bridgewater says
• Positive Sentiment: Security win: Google says it disrupted a China‑linked hacking group that targeted dozens of organizations — positive for enterprise trust in Google Cloud and corporate security posture. Google disrupts Chinese-linked hackers that attacked 53 groups globally
• Negative Sentiment: Insider selling / governance optics: reports of significant insider sales (multiple senior executives, per aggregated trackers) and recent media coverage of insider selling can weigh on investor confidence and prompt short‑term selling. Alphabet (NASDAQ:GOOG) Stock Price Down 1% on Insider Selling
• Negative Sentiment: Regulatory / country risk: Russia fined Google over VPN services (small fine monetarily but a reminder of geopolitical/regulatory friction in key markets). Russia fines Google for distributing VPN services, TASS reports

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Canaccord Genuity Group boosted their price target on shares of Alphabet from $330.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research note on Monday, February 16th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $343.90.

Alphabet Stock Down 0.2%

GOOG opened at $310.92 on Wednesday. The stock’s fifty day simple moving average is $321.06 and its 200 day simple moving average is $281.65. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $350.15. The stock has a market cap of $3.76 trillion, a PE ratio of 28.76, a price-to-earnings-growth ratio of 1.83 and a beta of 1.10. 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 (NASDAQ:GOOG) last released its quarterly earnings data 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. 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%. The company’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.15 earnings per share. As a group, research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

About Alphabet

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.