Alphabet Inc. $GOOGL is Trinity Street Asset Management LLP’s 6th Largest Position

Trinity Street Asset Management LLP lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 196,640 shares of the information services provider’s stock after selling 4,009 shares during the period. Alphabet comprises 3.3% of Trinity Street Asset Management LLP’s portfolio, making the stock its 6th largest holding. Trinity Street Asset Management LLP’s holdings in Alphabet were worth $47,803,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of GOOGL. Vanguard Group Inc. grew its holdings in Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after buying an additional 6,733,278 shares during the last quarter. State Street Corp lifted its position in shares of Alphabet by 1.8% in the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after acquiring an additional 4,008,374 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Alphabet by 3.1% during the second quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock valued at $24,857,017,000 after acquiring an additional 4,224,497 shares during the last quarter. Norges Bank purchased a new stake in Alphabet during the 2nd quarter worth about $21,944,208,000. Finally, Invesco Ltd. raised its stake in Alphabet by 1.2% in the 2nd quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock valued at $7,780,875,000 after purchasing an additional 503,306 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is accelerating targeted AI acquisitions, talent deals and strategic investments to strengthen Gemini across media generation, voice and international distribution — a direct growth play that supports future revenue and product differentiation. Google Accelerates AI Deals to Strengthen Gemini in Media and Voice
• Positive Sentiment: High-profile portfolios remain bullish on AI exposure: the Pelosi-linked filing rolled GOOGL exposure into long-dated call positions (LEAPS), a leveraged vote of confidence that institutional-style investors expect continued upside from AI leaders. Pelosi’s Bullish 2026 Buy List: AI, Power & Dividends
• Positive Sentiment: Analyst support remains constructive (recent price-target lift and buy-rating reaffirmations), which can underpin multiple expansion and investor confidence into earnings. Alphabet (NASDAQ:GOOGL) Price Target Raised to $390.00
• Neutral Sentiment: EU regulators are stepping in to ensure rivals get access to Gemini services/data and have opened proceedings to assist Google in complying with the Digital Markets Act — this clarifies compliance expectations but signals potential constraints on product exclusivity. EU starts proceedings to assist Google in complying with tech rules
• Neutral Sentiment: Competitive AI infrastructure developments (e.g., Microsoft’s Maia 200 chip) raise the bar on efficiency and pricing in the cloud/inference market — a sector-level dynamic that could affect GCP cost structure or pricing power over time. Microsoft’s Maia 200: The Profit Engine AI Needs
• Negative Sentiment: Google agreed to a preliminary $68M settlement over claims its voice assistant spied on users — a modest direct cost but a reputational and regulatory reminder that privacy/legal risks persist. Google pays $68 million to settle claims its voice assistant spied on users
• Negative Sentiment: CEO Sundar Pichai reported an insider sale of roughly $10.6M of Alphabet shares ahead of earnings — routine windowed selling but a near-term negative signal some investors watch before an earnings event. Sundar Pichai Offloads Alphabet Shares Worth $10.6M Ahead of February 4 Earnings

Wall Street Analysts Forecast Growth

Several research firms have issued reports on GOOGL. Bank of America raised their price target on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. BNP Paribas Exane started coverage on shares of Alphabet in a research report on Monday, November 24th. They set an “outperform” rating and a $355.00 target price on the stock. DA Davidson reiterated a “neutral” rating and issued a $300.00 price target on shares of Alphabet in a report on Tuesday, November 25th. Piper Sandler reissued an “overweight” rating and set a $365.00 price target (up previously from $330.00) on shares of Alphabet in a research note on Thursday, December 11th. Finally, Canaccord Genuity Group set a $390.00 price objective on Alphabet and gave the company a “buy” rating in a research report on Wednesday, January 7th. Four analysts have rated the stock with a Strong Buy rating, forty-two have issued 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 price target of $334.60.

Alphabet Stock Up 0.4%

Shares of NASDAQ:GOOGL opened at $334.55 on Wednesday. The stock has a 50-day simple moving average of $317.62 and a 200-day simple moving average of $262.87. The stock has a market capitalization of $4.04 trillion, a P/E ratio of 32.99, a PEG ratio of 1.84 and a beta of 1.08. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $340.49. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The firm had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Equities analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Insider Activity

In related news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the transaction, the chief accounting officer owned 8,962 shares in the company, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the sale, the chief executive officer directly owned 2,337,119 shares of the company’s stock, valued at approximately $662,526,494.12. This trade represents a 1.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 222,409 shares of company stock valued at $68,564,532. Company insiders own 11.55% of the company’s stock.

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.