Alphabet Inc. $GOOGL Stock Holdings Trimmed by Generali Investments Management Co LLC

Generali Investments Management Co LLC trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 11.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 105,806 shares of the information services provider’s stock after selling 13,060 shares during the period. Alphabet comprises 6.6% of Generali Investments Management Co LLC’s holdings, making the stock its 3rd largest holding. Generali Investments Management Co LLC’s holdings in Alphabet were worth $33,117,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. CIBC Bancorp USA Inc. acquired a new position in shares of Alphabet in the 3rd quarter valued at about $416,217,000. Sovran Advisors LLC lifted its holdings in shares of Alphabet by 23.6% in the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock valued at $5,401,000 after buying an additional 4,241 shares during the period. Wright Investors Service Inc. lifted its holdings in shares of Alphabet by 21.2% in the 3rd quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider’s stock valued at $12,171,000 after buying an additional 8,746 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of Alphabet by 3.8% in the 3rd quarter. CIBC Asset Management Inc now owns 1,666,577 shares of the information services provider’s stock valued at $405,131,000 after buying an additional 60,831 shares during the period. Finally, Belpointe Asset Management LLC lifted its holdings in shares of Alphabet by 5.4% in the 3rd quarter. Belpointe Asset Management LLC now owns 72,608 shares of the information services provider’s stock valued at $17,652,000 after buying an additional 3,740 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is rolling out Gemini-powered Android features that let AI understand screen context and complete multi-step tasks, strengthening its AI platform and expanding practical use cases across its ecosystem.
• Positive Sentiment: Google is bringing “agentic” AI, Gemini in Chrome, and new AI-native “Googlebooks” laptops to market, signaling a broader product cycle that could support future revenue growth and keep Alphabet competitive with Apple and other tech giants.
• Positive Sentiment: Alphabet’s partnership with Affirm and Klarna to embed pay-over-time options into Gemini and Google Search could boost commerce activity, improve conversion rates, and make Google Pay more valuable to consumers and merchants.
• Positive Sentiment: Google-backed Isomorphic Labs raised $2.1 billion to scale AI-driven drug discovery, underscoring investor enthusiasm for Alphabet’s broader AI ecosystem and the value of its venture investments.
• Positive Sentiment: Reports that Alphabet is exploring first-ever yen bond financing to fund AI infrastructure suggest the company is willing to invest aggressively in compute capacity, which investors may view as necessary to defend and extend its AI lead.
• Neutral Sentiment: Commentary around Alphabet nearing Nvidia in market value and being at the center of the AI boom highlights strong momentum, but these are more market narratives than immediate fundamental catalysts.
• Negative Sentiment: Alphabet’s heavier AI spending and new debt issuance may pressure near-term margins and raise concerns that the company is trading balance-sheet strength for a more capital-intensive growth strategy.
• Negative Sentiment: Waymo’s robotaxi recall over a self-driving software issue is a reminder that Alphabet’s broader “Other Bets” businesses still carry operational and regulatory execution risks.

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the transaction, the director owned 3,581 shares of the company’s stock, valued at $1,187,638.65. This represents a 22.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred 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 transaction, the insider directly owned 13,227 shares of the company’s stock, valued at $3,987,279.15. The trade was a 78.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 158,553 shares of company stock worth $47,951,856 over the last three months. 11.61% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on GOOGL shares. Morgan Stanley boosted their price objective on Alphabet from $330.00 to $375.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Royal Bank Of Canada set a $425.00 price objective on Alphabet and gave the company an “outperform” rating in a report on Thursday, April 30th. Pivotal Research boosted their price objective on Alphabet from $400.00 to $420.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alphabet in a report on Tuesday, April 28th. Finally, Arete Research boosted their price objective on Alphabet from $380.00 to $405.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $407.86.

Alphabet Stock Performance

NASDAQ GOOGL opened at $387.35 on Wednesday. The stock has a market capitalization of $4.69 trillion, a price-to-earnings ratio of 29.55, a PEG ratio of 1.59 and a beta of 1.26. Alphabet Inc. has a twelve month low of $156.16 and a twelve month high of $402.00. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average of $323.56 and a 200 day moving average of $314.66.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. Sell-side analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is currently 6.41%.

About Alphabet

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.