Capital International Investors Cuts Position in Alphabet Inc. $GOOG

Capital International Investors lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 6.4% in the third quarter, HoldingsChannel reports. The fund owned 86,250,183 shares of the information services provider’s stock after selling 5,890,403 shares during the period. Alphabet makes up 3.4% of Capital International Investors’ portfolio, making the stock its 3rd largest position. Capital International Investors’ holdings in Alphabet were worth $21,006,889,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Tradewinds LLC. boosted its holdings in shares of Alphabet by 2,134.8% in the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock valued at $10,984,000 after buying an additional 43,080 shares during the last quarter. Atlantic Union Bankshares Corp increased its holdings in Alphabet by 31.3% during the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after buying an additional 84,553 shares during the last quarter. Baltimore Washington Financial Advisors Inc. increased its holdings in Alphabet by 0.9% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock worth $53,920,000 after buying an additional 2,009 shares during the last quarter. CWA Asset Management Group LLC raised its position in Alphabet by 2.2% during the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock worth $38,272,000 after acquiring an additional 3,444 shares in the last quarter. Finally, American National Bank of Texas bought a new stake in Alphabet during the third quarter worth $900,000. 27.26% of the stock is owned by institutional investors.

Key Alphabet News

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

Analysts Set New Price Targets

A number of brokerages have recently commented on GOOG. DA Davidson set a $300.00 price objective on shares of Alphabet in a research report on Tuesday, November 25th. KeyCorp set a $370.00 target price on shares of Alphabet in a report on Thursday, February 5th. Guggenheim reiterated a “buy” rating and set a $375.00 price target on shares of Alphabet in a report on Monday, December 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $370.00 price target on shares of Alphabet in a research report on Tuesday, January 20th. Finally, BNP Paribas Exane assumed coverage on Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating on the stock. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $343.90.

Insider Activity at Alphabet

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

Alphabet Price Performance

Shares of GOOG opened at $306.01 on Tuesday. The company’s 50-day moving average is $320.11 and its 200-day moving average is $288.17. 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 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. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the previous year, the firm posted $2.15 EPS. Alphabet’s revenue was up 18.0% compared to the same quarter last year. Equities analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed 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. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s payout ratio is currently 7.77%.

Alphabet Company 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.