WT Asset Management Ltd Makes New Investment in Alphabet Inc. $GOOG

WT Asset Management Ltd acquired a new stake in shares of Alphabet Inc. (NASDAQ:GOOG) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 500,317 shares of the information services provider’s stock, valued at approximately $121,852,000. Alphabet comprises 5.6% of WT Asset Management Ltd’s holdings, making the stock its 7th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Robinson Smith Wealth Advisors LLC lifted its holdings in Alphabet by 1.8% in the third quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock valued at $504,000 after acquiring an additional 36 shares during the period. Searle & CO. increased its holdings in shares of Alphabet by 0.6% during the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock valued at $1,389,000 after purchasing an additional 36 shares in the last quarter. Navellier & Associates Inc. lifted its stake in shares of Alphabet by 0.6% in the 3rd quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock valued at $1,424,000 after purchasing an additional 36 shares during the period. BankPlus Wealth Management LLC boosted its holdings in Alphabet by 1.2% during the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock worth $766,000 after buying an additional 37 shares in the last quarter. Finally, Activest Wealth Management grew its position in Alphabet by 0.5% during the third quarter. Activest Wealth Management now owns 7,997 shares of the information services provider’s stock valued at $1,948,000 after buying an additional 38 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Down 1.0%

Shares of GOOG opened at $311.69 on Tuesday. The stock has a 50 day moving average price of $321.00 and a 200 day moving average price of $280.89. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market capitalization of $3.77 trillion, a price-to-earnings ratio of 28.83, a PEG ratio of 1.85 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the previous year, the company posted $2.15 EPS. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. Equities research analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Insider Buying and Selling

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total value of $314,001.15. Following the transaction, the chief accounting officer owned 9,916 shares in the company, valued at approximately $3,337,229.80. This represents a 8.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,112,482 shares of company stock worth $119,145,289 in the last 90 days. Corporate insiders own 12.99% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wells Fargo upgraded GOOG to a “strong-buy”/Overweight, citing renewed conviction after recent rallies and AI progress — this upgrade and related media coverage are lifting investor sentiment. Wells Fargo upgrade (Zacks)
• Positive Sentiment: Zillow announced a partnership to integrate home‑buying guidance with Google’s NotebookLM, a visible commercial win for Google Cloud / AI product integrations that can support cloud revenue and platform monetization. Zillow & Google partnership (Yahoo)
• Positive Sentiment: MarketBeat highlights underappreciated assets — Alphabet’s Anthropic stake, early SpaceX investment and Gemini distribution on billions of devices — which add optionality beyond core ads and reinforce a bullish long-term narrative. Alphabet’s hidden edge (MarketBeat)
• Positive Sentiment: Mizuho and other firms have reiterated Outperform/Buy calls and raised price targets (median recent target near $370, several much higher), reinforcing analyst support that can prop up the stock. Mizuho reiteration (Yahoo)
• Neutral Sentiment: Industry analysis (Bridgewater) expects ~ $650B of Big Tech AI capex in 2026 — this validates the AI opportunity but underscores material near‑term spending that will weigh on free cash flow; investors are parsing timing vs. payoff. Big Tech AI capex (Reuters)
• Negative Sentiment: Insider selling headlines persist — filings show large sales by senior executives (including the CEO), which can pressure sentiment even as management says sales are routine. Insider selling report (American Banking News)
• Negative Sentiment: Social and investor commentary (QuiverQuant summaries, Michael Burry warning) flag concerns that aggressive AI accounting or depreciation choices and capex could mask true costs and reduce near‑term FCF — a risk that can cap upside while investors reassess margins. Capex & investor debate (QuiverQuant)

Wall Street Analysts Forecast Growth

GOOG has been the topic of a number of analyst reports. Barclays raised their target price on Alphabet from $250.00 to $315.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. DZ Bank raised Alphabet to a “strong-buy” rating in a research note on Monday, February 16th. Guggenheim reissued a “buy” rating and issued a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. Scotiabank reissued an “outperform” rating and issued a $400.00 price target (up previously from $375.00) on shares of Alphabet in a report on Thursday, February 5th. Finally, Mizuho set a $325.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $343.90.

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.