Alphabet Inc. $GOOG Shares Sold by FourThought Financial Partners LLC

FourThought Financial Partners LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 7.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 24,398 shares of the information services provider’s stock after selling 1,980 shares during the quarter. FourThought Financial Partners LLC’s holdings in Alphabet were worth $5,942,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GOOG. Ceredex Value Advisors LLC purchased a new stake in Alphabet during the third quarter worth approximately $65,321,000. Capital World Investors increased its holdings in Alphabet by 1.9% during the 3rd quarter. Capital World Investors now owns 28,625,464 shares of the information services provider’s stock worth $6,971,769,000 after purchasing an additional 539,679 shares during the last quarter. Capital International Sarl grew its holdings in Alphabet by 4.5% during the 3rd quarter. Capital International Sarl now owns 471,428 shares of the information services provider’s stock worth $114,816,000 after acquiring an additional 20,254 shares in the last quarter. Capital International Ltd. CA lifted its holdings in Alphabet by 2.7% during the 3rd quarter. Capital International Ltd. CA now owns 213,920 shares of the information services provider’s stock worth $52,100,000 after buying an additional 5,670 shares during the last quarter. Finally, Capital International Inc. CA boosted its holdings in Alphabet by 10.3% in the third quarter. Capital International Inc. CA now owns 855,178 shares of the information services provider’s stock worth $208,279,000 after purchasing an additional 79,567 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on GOOG shares. Pivotal Research reiterated a “buy” rating and issued a $420.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $345.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a research report on Tuesday, January 20th. JPMorgan Chase & Co. raised their price objective on shares of Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $375.00 target price on shares of Alphabet in a research report on Thursday, January 15th. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have given 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, Alphabet has an average rating of “Buy” and an average target price of $343.90.

Insider Buying and Selling

In related news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $303.38, for a total transaction of $9,859,850.00. Following the completion of the sale, the chief executive officer owned 1,674,560 shares of the company’s stock, valued at $508,028,012.80. This trade represents a 1.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,112,493 shares of company stock valued at $118,605,094. Insiders own 12.99% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Technical/flow support: MarketBeat says GOOGL has confirmed a major support zone near ~$300 after a 12% pullback, with strong institutional inflows and analyst upgrades that make the recent dip look like a potential long-term entry. GOOGL Pullback Confirms Support, Setting Up a Potential New Entry
• Positive Sentiment: Commercial traction: Reuters/InsiderMonkey reports CVS Health will roll out an AI-enabled customer platform built on Google Cloud — a tangible enterprise win that should boost cloud consumption and revenue visibility. CVS Health To Roll Out AI-enabled Platform With Google Cloud
• Positive Sentiment: Strategic/partner signal: CNBC reports Mandiant founder Kevin Mandia raised $190M for a new AI-cybersecurity startup (Armadin), with some funding coming from the company that sold him to Google — a sign of continued ecosystem investment and Google’s ongoing ties to security/AI startups. Kevin Mandia raised $190 million for Armadin
• Neutral Sentiment: Valuation/coverage context: Market and media pieces (Zacks/Fool) are comparing Alphabet with peers (e.g., Nvidia) and reiterating Alphabet’s diversified revenue mix and long-term AI edge — useful framing but not new catalysts by itself. Nvidia vs. Alphabet: Which Stock Will Make You Richer?
• Negative Sentiment: Supply‑chain/cost risk: TipRanks flags that Nvidia’s high‑bandwidth memory buying spree has created global shortages that could raise costs or constrain Google’s AI hardware spend, a potential margin/headline risk for AI infrastructure. Nvidia’s Memory Shortage Could Cause Google Billions
• Negative Sentiment: Competitive pressure: MarketBeat coverage of Microsoft’s aggressive dual‑model and Anthropic/OpenAI positioning underscores intensifying cloud/AI competition — a reminder Azure is a strong adversary for Google Cloud share gains. Microsoft Positioned to Win AI Race With Dual-Model Strategy
• Negative Sentiment: Governance/headline drag: Recent reports detail approval of a potential $692M CEO pay package tied to Waymo and insider sales by Alphabet’s CEO (~$9.86M sold) — items that can sap sentiment and were linked to small near‑term stock weakness. Alphabet offers CEO pay deal worth up to $692M Alphabet CEO Sells Stock
• Negative Sentiment: Regulatory risk: Yahoo/Reuters coverage of Indonesia’s plan to ban high‑risk digital platforms for children under 16 could create regional regulatory pressure on core ad or platform features if similar rules spread. Indonesia Plans to Ban High-Risk Digital Platforms for Children

Alphabet Trading Up 2.6%

GOOG opened at $306.01 on Tuesday. The stock has a market capitalization of $3.70 trillion, a PE ratio of 28.31, a PEG ratio of 1.75 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. The firm has a 50-day moving average price of $320.11 and a two-hundred day moving average price of $288.17. 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 Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.15 EPS. As a group, equities analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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