Caden Capital Partners LP Has $30.87 Million Stake in Alphabet Inc. $GOOGL

Caden Capital Partners LP trimmed its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 3.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,977 shares of the information services provider’s stock after selling 5,000 shares during the period. Alphabet makes up 12.5% of Caden Capital Partners LP’s investment portfolio, making the stock its 4th biggest holding. Caden Capital Partners LP’s holdings in Alphabet were worth $30,868,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brooktree Capital Management bought a new position in Alphabet in the 2nd quarter valued at $352,000. Griffin Asset Management Inc. increased its holdings in shares of Alphabet by 13.9% in the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock worth $14,277,000 after purchasing an additional 7,180 shares during the period. Sovran Advisors LLC raised its position in shares of Alphabet by 23.6% in the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock worth $5,401,000 after buying an additional 4,241 shares in the last quarter. Birchcreek Wealth Management LLC boosted its stake in Alphabet by 2.9% during the second quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock valued at $1,415,000 after buying an additional 223 shares during the period. Finally, Centerpoint Advisory Group boosted its stake in Alphabet by 21.0% during the second quarter. Centerpoint Advisory Group now owns 2,407 shares of the information services provider’s stock valued at $424,000 after buying an additional 418 shares during the period. Institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on GOOGL. HSBC upped their target price on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Robert W. Baird lifted their price target on Alphabet from $375.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Loop Capital boosted their price objective on Alphabet from $320.00 to $355.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. JPMorgan Chase & Co. restated a “buy” rating on shares of Alphabet in a research report on Monday, February 9th. Finally, Daiwa Securities Group raised their target price on shares of Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Alphabet has a consensus rating of “Moderate Buy” and an average target price of $367.18.

Insider Transactions at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were 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 owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. This represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,112,493 shares of company stock worth $118,605,094. Corporate insiders own 11.64% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major competitor Meta has delayed a next‑generation AI release and reportedly discussed temporarily licensing Google’s Gemini model, which could help Alphabet expand usage/licensing of its AI stack and win incremental share. Meta delays release; may license Gemini
• Positive Sentiment: Needham & Company reaffirmed a “buy” on GOOGL and set a $400 price target (~32% upside from current levels), which can support investor confidence and buying interest. Needham reiterates buy
• Positive Sentiment: Multiple reports highlight Meta falling behind on large AI models (and considering licensing Google tech), reinforcing the view that Google could capture market share in foundational models and services. Meta falling behind — Yahoo
• Positive Sentiment: Zacks highlighted Alphabet’s earnings growth and price strength as reasons to watch GOOGL, supporting a constructive fundamental view after recent results. Zacks: earnings growth & price strength
• Neutral Sentiment: Google, Amazon and Meta pushing their own AI chips signals a structural shift in AI infrastructure — a long‑term positive if Google’s stack wins, but it intensifies competition with incumbents like NVIDIA and may pressure margins/capex. AI chips competition — Yahoo
• Neutral Sentiment: Google sold a partial stake in its GFiber unit and partnered to form a new independent fiber provider; this reduces direct capital burden but also trims ownership of the broadband growth asset. GFiber stake sale — CNBC
• Neutral Sentiment: Brand/PR note: Google named its London HQ “Platform 37” referencing DeepMind/AlphaGo success — modestly positive for culture/AI branding but not material to near‑term financials. Platform 37 naming — Reuters
• Negative Sentiment: UK regulator and wider regulatory scrutiny on tech safety and child protection remain overhangs for Big Tech, including Alphabet, since new rules or enforcement could increase compliance costs or constrain certain services. UK regulator warning — Sky

Alphabet Price Performance

GOOGL opened at $302.28 on Friday. 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 stock has a market capitalization of $3.66 trillion, a P/E ratio of 27.96, a PEG ratio of 1.77 and a beta of 1.10. The stock has a 50-day moving average price of $319.12 and a 200-day moving average price of $289.81. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Equities analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm 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 dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 7.77%.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.