Jensen Investment Management Inc. Sells 583,869 Shares of Alphabet Inc. $GOOGL

Jensen Investment Management Inc. cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 24.6% during the 3rd quarter, Holdings Channel reports. The firm owned 1,791,309 shares of the information services provider’s stock after selling 583,869 shares during the period. Alphabet makes up 5.4% of Jensen Investment Management Inc.’s holdings, making the stock its 5th largest holding. Jensen Investment Management Inc.’s holdings in Alphabet were worth $435,467,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Financial Gravity Companies Inc. acquired a new position in Alphabet in the 2nd quarter valued at $31,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Alphabet in the third quarter valued at about $53,000. Corsicana & Co. bought a new stake in Alphabet during the third quarter worth about $54,000. Sellwood Investment Partners LLC acquired a new stake in Alphabet during the third quarter worth about $63,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in 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 buying an additional 89 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst upgrades and higher price targets provide near-term support — Loop Capital raised its price target to $355 and Wells Fargo moved to a more constructive stance, boosting buy-side momentum. Read More.
• Positive Sentiment: Waymo commercialization expands — Waymo is rolling out robotaxi service to multiple new U.S. markets (Dallas, Houston, San Antonio, Orlando), which supports a pathway to revenue growth for Alphabet’s autonomous-vehicle unit. Read More.
• Positive Sentiment: Big data-center energy deals lower operational risk for AI/cloud buildout — Google announced a 1.9GW clean-power-backed Minnesota project that includes a 300MW / 100-hour battery, and utilities/energy firms signed long-term supply deals for new Google sites, improving power resiliency for Cloud/AI capacity. Read More.
• Positive Sentiment: Hidden assets and ecosystem stakes add optionality — Alphabet’s strategic holdings (notably ~14% of Anthropic and an early SpaceX stake) plus Gemini integrations (including reported Apple interest) are underappreciated upside drivers for Cloud, AI licensing and potential mark-to-market gains. Read More.
• Neutral Sentiment: Industry capex race: Bridgewater sees ~$650B in Big Tech AI investment for 2026 — this underscores continued capacity expansion that benefits hyperscalers but increases execution/timing uncertainty. Read More.
• Neutral Sentiment: AI chip competition heats up — WSJ coverage highlights intensifying GPU/custom-chip rivalry (Google vs. Nvidia and others), a structural trend that affects margins, procurement and product differentiation. Read More.
• Negative Sentiment: Notable investor rotations and selling — reports show Renaissance trimmed a large position (~$700M sale) and some high-profile funds reduced exposure, which can weigh on intraday flows and dampen momentum. Read More.
• Negative Sentiment: Legal and regulatory risks persist — Klarna expects a Swedish court verdict related to Google patents on April 15, adding event risk for the stock. Read More.
• Negative Sentiment: AI capex funded with debt raises investor caution — coverage warns hyperscalers (including Alphabet) are increasing AI-related spending and in some cases using debt, which shifts risk and could pressure valuations if returns take longer than expected. Read More.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $306.73, for a total transaction of $184,038.00. Following the sale, the director directly owned 20,624 shares of the company’s stock, valued at $6,325,999.52. The trade was a 2.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction on 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 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,112,482 shares of company stock worth $119,145,289 over the last quarter. Insiders own 11.55% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on GOOGL. Citizens Jmp restated a “market outperform” rating and issued a $385.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Tigress Financial set a $415.00 price objective on shares of Alphabet and gave the company a “strong-buy” rating in a research report on Thursday, February 19th. China Renaissance upped their target price on Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Jefferies Financial Group lifted their price target on Alphabet from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Finally, Morgan Stanley boosted their price target on Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Three 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 company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $366.57.

Alphabet Trading Down 0.2%

NASDAQ GOOGL opened at $310.90 on Wednesday. The company has a market cap of $3.76 trillion, a price-to-earnings ratio of 28.76, a price-to-earnings-growth ratio of 1.83 and a beta of 1.09. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average is $320.47 and its 200 day moving average is $281.05.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, sell-side analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a dividend of $0.21 per share. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 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.