Union Bancaire Privee UBP SA increased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 49.9% during the 4th quarter, HoldingsChannel reports. The firm owned 1,237,301 shares of the information services provider’s stock after purchasing an additional 412,130 shares during the period. Alphabet comprises approximately 5.8% of Union Bancaire Privee UBP SA’s holdings, making the stock its 2nd largest holding. Union Bancaire Privee UBP SA’s holdings in Alphabet were worth $387,275,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of GOOGL. Financial Gravity Companies Inc. acquired a new stake in Alphabet during the 2nd quarter worth approximately $31,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Alphabet in the third quarter valued at approximately $53,000. iSAM Funds UK Ltd bought a new stake in shares of Alphabet during the third quarter worth $53,000. Corsicana & Co. acquired a new stake in shares of Alphabet during the third quarter worth $54,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in shares of Alphabet by 37.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.
Alphabet Trading Down 2.0%
Alphabet stock opened at $301.00 on Friday. The company has a market cap of $3.64 trillion, a price-to-earnings ratio of 27.84, a P/E/G ratio of 1.76 and a beta of 1.10. The firm has a 50-day moving average of $317.62 and a 200-day moving average of $293.14. 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 one year low of $140.53 and a one year high of $349.00.
Alphabet Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a dividend of $0.21 per share. The ex-dividend date was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is currently 7.77%.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: DeepMind hired Jasjeet Sekhon, Bridgewater’s chief scientist, as chief strategy officer — a high‑profile talent win that reinforces Alphabet’s DeepMind AI bench and long‑term product roadmap. Exclusive: Bridgewater’s chief scientist Sekhon to join Google’s DeepMind AI unit
- Positive Sentiment: High‑profile endorsement: Elon Musk tweeted that Google will “win the AI race in the West,” a bullish signal for market perception of Alphabet’s AI leadership. Elon Musk Says China Will Win The AI Race, But Here’s Where SpaceX Will Win
- Positive Sentiment: Product momentum: Google’s new “Stitch” AI design features are pressuring rivals (e.g., Figma’s stock fell), underscoring expanding addressable market for Google’s AI tools. Figma’s stock drops 11% in two days after Google releases ‘vibe design’ product
- Positive Sentiment: Market commentary highlights Alphabet’s operational strength (consecutive earnings beats, Cloud acceleration), supporting the bullish analyst consensus and relative outperformance among mega‑caps. 2 Tech Giants Holding Their Ground While the Market Slides
- Neutral Sentiment: Insider sales disclosed: CEO Sundar Pichai sold ~32,500 shares (~$10M) and Director John Hennessy sold a small stake — notable but small relative to total insider holdings; monitor if these continue. Insider filing: Sundar Pichai sale
- Neutral Sentiment: Short‑interest data in the feeds appears anomalous/zero and provides no clear signal (no days‑to‑cover build reported).
- Neutral Sentiment: Competitive takes: Analysts compare Snowflake and Alphabet on cloud analytics — SNOW’s momentum is notable but doesn’t negate Google Cloud’s growth trajectory. Snowflake vs Alphabet: Which Cloud Analytics Stock Has an Edge Now?
- Negative Sentiment: Investor concern about massive hyperscaler AI spending — analysts flag $410B+ capex across hyperscalers and question near‑term returns, a theme that can pressure tech multiples including GOOGL. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
- Negative Sentiment: Valuation debate persists: coverage notes shifting investment story as AI deals and capex raise questions about near‑term upside despite solid fundamentals. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Roth Mkm upped their target price on shares of Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. President Capital lifted their price target on Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Sanford C. Bernstein boosted their price target on Alphabet from $305.00 to $335.00 and gave the company a “market perform” rating in a report on Monday, February 2nd. Tigress Financial set a $415.00 price objective on Alphabet and gave the stock a “strong-buy” rating in a research report on Thursday, February 19th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $385.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $367.18.
Check Out Our Latest Analysis on GOOGL
Insider Buying and Selling
In other news, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred 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 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares of the company’s stock, valued at $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,110,165 shares of company stock worth $118,134,117 in the last quarter. 11.64% of the stock is owned by company insiders.
Alphabet 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.
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