Alphabet Inc. $GOOG Stock Position Lowered by iA Global Asset Management Inc.

iA Global Asset Management Inc. trimmed its holdings in Alphabet Inc. (NASDAQ:GOOG) by 26.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 657,864 shares of the information services provider’s stock after selling 242,597 shares during the quarter. Alphabet makes up approximately 2.2% of iA Global Asset Management Inc.’s holdings, making the stock its 8th biggest holding. iA Global Asset Management Inc.’s holdings in Alphabet were worth $160,223,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after buying an additional 6,410 shares during the last quarter. Elser Financial Planning Inc purchased a new stake in shares of Alphabet in the 2nd quarter valued at approximately $859,000. LexAurum Advisors LLC lifted its holdings in shares of Alphabet by 24.1% in the 2nd quarter. LexAurum Advisors LLC now owns 13,745 shares of the information services provider’s stock worth $2,438,000 after acquiring an additional 2,670 shares during the last quarter. Summit Financial Strategies Inc. lifted its holdings in shares of Alphabet by 9.6% in the 2nd quarter. Summit Financial Strategies Inc. now owns 3,314 shares of the information services provider’s stock worth $588,000 after acquiring an additional 291 shares during the last quarter. Finally, LifeGoal Wealth Advisors boosted its position in shares of Alphabet by 1.8% during the 2nd quarter. LifeGoal Wealth Advisors now owns 4,793 shares of the information services provider’s stock worth $850,000 after purchasing an additional 87 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOG has been the topic of a number of research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. BNP Paribas Exane assumed coverage on Alphabet in a report on Monday, November 24th. They issued an “outperform” rating on the stock. TD Cowen restated a “buy” rating on shares of Alphabet in a report on Tuesday, January 13th. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 7th. Finally, Raymond James Financial raised shares of Alphabet from an “outperform” rating to a “strong-buy” rating and increased their price target for the stock from $315.00 to $400.00 in a research report on Thursday, January 22nd. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $330.83.

Insiders Place Their Bets

In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the completion of the sale, the chief executive officer directly owned 2,211,872 shares of the company’s stock, valued at approximately $723,945,705.60. The trade was a 1.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frances Arnold sold 102 shares of the stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $313.45, for a total value of $31,971.90. Following the completion of the transaction, the director directly owned 18,205 shares in the company, valued at $5,706,357.25. This trade represents a 0.56% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 225,075 shares of company stock worth $69,332,637. 12.99% of the stock is currently owned by insiders.

Alphabet Stock Performance

Shares of GOOG opened at $338.66 on Friday. The stock has a 50-day simple moving average of $320.13 and a 200-day simple moving average of $264.58. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market capitalization of $4.09 trillion, a PE ratio of 33.40, a PEG ratio of 1.85 and a beta of 1.09. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $342.29.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, topping 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 analyst estimates of $99.90 billion. During the same period in the prior year, the firm earned $2.12 earnings per share. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. On average, analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s dividend payout ratio is currently 8.28%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is expanding Gemini AI features inside Chrome (assistant features and image tools), which supports product engagement and potential ad/search monetization upside. Google brings more Gemini AI features to Chrome browser
• Positive Sentiment: Google added AI image-generation and side-panel virtual assistant capabilities to Chrome, strengthening user stickiness and increasing cross-product use of Gemini. Google adds AI image generation to Chrome browser
• Positive Sentiment: Apple CEO Tim Cook confirmed an AI collaboration with Google that Apple describes as unlocking new experiences — a high-profile partner endorsement that could broaden Gemini distribution and revenue pathways. Tim Cook on Google partnership
• Positive Sentiment: Institutional buying: Vanguard disclosed a meaningful addition of GOOGL shares (reported in 13F updates), indicating continued large-cap demand from major asset managers. VANGUARD GROUP INC Fund Update
• Positive Sentiment: Positive market commentary (including Jim Cramer) is supporting bullish sentiment toward Alphabet’s AI-led growth story. “Alphabet (GOOGL)’s Extraordinary,” Says Jim Cramer
• Neutral Sentiment: Waymo continues geographic expansion (airport services in San Francisco, planned UK rollout), signaling long-term autonomous mobility potential but still early monetization. Waymo Opens Up Airport Service in San Francisco
• Neutral Sentiment: Analysts expect earnings growth next week and note the AI push as a driver; these previews keep focus on upcoming results and guidance for Search/Cloud. Alphabet Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Google disrupted a large residential proxy network, which could improve customer trust and reduce fraud exposure (reputational/operational benefit). Google disrupts large residential proxy network
• Negative Sentiment: Regulatory/legal risk: a Waymo robotaxi struck a child near a school; the NHTSA has opened an investigation — a headline risk that can pressure shares and slow AV commercialization timelines. Waymo Robotaxi Hits Child, Prompting NHTSA Investigation
• Negative Sentiment: UK competition regulator proposed rules forcing Google to give publishers opt-outs for AI summaries and more transparency — potential headwinds for Search product design and legal/compliance costs. UK regulator proposes changes to Google search for publishers
• Negative Sentiment: Alphabet agreed to pay about $135M to settle a lawsuit over handling of cellular data, a direct near-term cash/legal hit and raises scrutiny on data practices. Google to Pay $135 Million to Settle Lawsuit

About Alphabet

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.