Alphabet Inc. $GOOGL Shares Bought by Coatue Management LLC

Coatue Management LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOGL) by 259.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,221,115 shares of the information services provider’s stock after acquiring an additional 5,210,434 shares during the quarter. Alphabet makes up approximately 4.3% of Coatue Management LLC’s investment portfolio, making the stock its 10th largest position. Coatue Management LLC owned approximately 0.06% of Alphabet worth $1,755,453,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of GOOGL. Financial Gravity Companies Inc. acquired a new position in shares of Alphabet during the 2nd quarter worth approximately $31,000. iSAM Funds UK Ltd acquired a new stake in shares of Alphabet in the 3rd quarter valued at approximately $53,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet in the 3rd quarter valued at approximately $53,000. Corsicana & Co. bought a new position in shares of Alphabet in the third quarter valued at $54,000. Finally, Sellwood Investment Partners LLC bought a new position in shares of Alphabet in the third quarter valued at $63,000. Institutional investors own 40.03% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on GOOGL shares. Wall Street Zen lowered shares of Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday. Robert W. Baird lifted their price objective on shares of Alphabet from $375.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Truist Financial set a $385.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $385.00 target price on shares of Alphabet in a report on Thursday, February 5th. Finally, Canaccord Genuity Group set a $415.00 target price 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 given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $367.18.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the sale, the chief accounting officer owned 9,918 shares of the company’s stock, valued at $2,955,564. The trade was a 8.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 transaction of $14,341,182.30. Following the transaction, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 2,076,615 shares of company stock valued at $107,809,111. 11.55% of the stock is currently owned by insiders.

Alphabet Price Performance

Alphabet stock opened at $302.28 on Monday. The company has a market capitalization of $3.66 trillion, a price-to-earnings ratio of 27.96, a PEG ratio of 1.77 and a beta of 1.10. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The stock’s 50 day moving average is $319.12 and its 200-day moving average is $290.39.

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

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.

More Alphabet News

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 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.