Hidden Lake Asset Management LP Buys New Holdings in Alphabet Inc. $GOOG

Hidden Lake Asset Management LP purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 27,563 shares of the information services provider’s stock, valued at approximately $6,713,000. Alphabet makes up 0.9% of Hidden Lake Asset Management LP’s portfolio, making the stock its 15th largest position.

Other large investors also recently modified their holdings of the company. Tradewinds LLC. increased its stake in shares of Alphabet by 2,134.8% during the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock valued at $10,984,000 after acquiring an additional 43,080 shares during the last quarter. Atlantic Union Bankshares Corp boosted its position in shares of Alphabet by 31.3% in the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after acquiring an additional 84,553 shares during the last quarter. Baltimore Washington Financial Advisors Inc. boosted its position in shares of Alphabet by 0.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock worth $53,920,000 after acquiring an additional 2,009 shares during the last quarter. CWA Asset Management Group LLC grew its holdings in Alphabet by 2.2% in the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock valued at $38,272,000 after purchasing an additional 3,444 shares during the period. Finally, American National Bank of Texas acquired a new position in Alphabet during the third quarter worth approximately $900,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Performance

NASDAQ:GOOG opened at $304.42 on Tuesday. The firm’s fifty day simple moving average is $319.10 and its 200 day simple moving average is $291.55. 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 twelve month low of $142.66 and a twelve month high of $350.15. The firm has a market capitalization of $3.68 trillion, a price-to-earnings ratio of 28.16, a PEG ratio of 1.76 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the prior year, the firm earned $2.15 EPS. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. As a group, equities research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. 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 (DPR) is 7.77%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet closed its acquisition of cybersecurity company Wiz — a large, strategic deal that accelerates Google Cloud’s enterprise security offering and supports higher-margin cloud growth expectations. Alphabet Inc. (GOOG) Announces Completion of its Acquisition of Wiz
• Positive Sentiment: Analyses and investor letters highlight renewed momentum in Google Cloud and AI positioning (new growth pillars), reinforcing the narrative that Cloud is a multi-year growth engine for Alphabet. Alphabet: Inside Google Cloud’s New Growth Pillars
• Positive Sentiment: Alphabet’s recent fundamentals (strong revenue and an earnings beat in its latest quarter) remain a supportive backdrop for the stock, underpinning investor confidence in AI-driven monetization and cloud expansion.
• Neutral Sentiment: Alphabet and other big tech firms pledged to power next‑generation data centers at the White House — this supports long‑term infrastructure needs for AI/Cloud but is a gradual, multi‑year catalyst. Alphabet (GOOGL) and Other Tech Giants Pledge at White House to Power Next-Generation Data Centers
• Neutral Sentiment: Media coverage and analyst pieces (Zacks, InsiderMonkey, Seeking Alpha, Motley Fool pieces in the feed) keep the stock in investors’ spotlight — that can amplify moves but is not a direct catalyst. Alphabet (GOOGL) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Reported short‑interest figures show zero shares in the feed — likely a data anomaly rather than a meaningful change in positioning. (Short‑interest metrics appear unreliable in this update.)
• Neutral Sentiment: Elon Musk’s comment that SpaceX will “far exceed” Google DeepMind in AI is a headline grabber but has limited immediate impact on Alphabet’s fundamentals; it is more noise in the competitive narrative. Elon Musk Says SpaceX Will ‘Far Exceed’ Google DeepMind In AI
• Negative Sentiment: European publishers and tech firms are urging EU regulators to speed up and impose a large antitrust fine over alleged self‑preferencing in Google Search; an adverse ruling or fine would be a material regulatory risk for Alphabet’s core search business in Europe. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search

Analyst Ratings Changes

A number of equities analysts have weighed in on GOOG shares. JPMorgan Chase & Co. lifted their price target on shares of Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Needham & Company LLC set a $400.00 price objective on Alphabet and gave the stock a “buy” rating in a report on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $370.00 target price on shares of Alphabet in a research report on Tuesday, January 20th. Truist Financial set a $350.00 price target on Alphabet in a research report on Friday, December 5th. Finally, UBS Group restated a “neutral” rating and set a $348.00 price target (up from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $345.71.

Insider Buying and Selling at Alphabet

In other Alphabet news, 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 completion of the sale, the insider owned 13,227 shares of the company’s stock, valued at $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was 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. The trade was a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,076,615 shares of company stock worth $107,809,111. Insiders own 12.99% of the company’s stock.

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.