Tobam Buys 2,149 Shares of Alphabet Inc. $GOOGL

Tobam boosted its stake in Alphabet Inc. (NASDAQ:GOOGL) by 9.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,884 shares of the information services provider’s stock after acquiring an additional 2,149 shares during the quarter. Alphabet accounts for 2.3% of Tobam’s portfolio, making the stock its 13th largest position. Tobam’s holdings in Alphabet were worth $6,292,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. acquired a new position in shares of Alphabet during the second quarter worth about $31,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Alphabet during the 3rd quarter worth approximately $53,000. Corsicana & Co. bought a new position in shares of Alphabet during the 3rd quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 89 shares during the last quarter. Finally, S&T Bank PA raised its holdings in shares of Alphabet by 40.2% in the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 99 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on GOOGL shares. Needham & Company LLC boosted their price target on shares of Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Robert W. Baird upped their price objective on Alphabet from $310.00 to $350.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 20th. Pivotal Research increased their price objective on Alphabet from $400.00 to $420.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Canaccord Genuity Group set a $415.00 target price on shares of Alphabet in a report on Thursday, February 5th. Finally, Sanford C. Bernstein upped their price target on shares of Alphabet from $305.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, February 2nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $366.57.

Insider Activity at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction dated 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 filing with the SEC, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the transaction, the chief executive officer directly owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This represents a 1.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 2,112,380 shares of company stock valued at $119,112,888. 11.64% of the stock is currently owned by insiders.

Alphabet Stock Up 1.4%

Alphabet stock opened at $311.76 on Monday. The company’s 50-day moving average price is $320.99 and its two-hundred day moving average price is $283.34. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $3.77 trillion, a P/E ratio of 28.84, a P/E/G ratio of 1.83 and a beta of 1.09. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis 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%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: MarketBeat highlights Alphabet’s “quiet edge” — big hidden assets (14% stake in Anthropic, an early SpaceX stake and massive device distribution) that amplify AI and cloud upside beyond Search and YouTube. Alphabet’s Quiet Edge: The Hidden Assets Powering Its Run
• Positive Sentiment: South Korea approved Google’s request to export high‑precision map data — clears a major market access barrier for Google Maps and mapping-related revenue/opportunity in Korea. South Korea approves Google bid to export high-precision map data
• Positive Sentiment: Reports say Meta will rent Google’s TPU AI chips for model training — validation of Google’s AI infrastructure business and a potential multi‑billion revenue stream for cloud/TPU services. Google signs multibillion-dollar AI chip deal with Meta, Information reports
• Positive Sentiment: Alphabet folded robotics unit Intrinsic into Google and signals Gemini may power next‑gen robots — deepens AI product integration and expands commercial AI addressable market. Alphabet’s robotics platform Intrinsic joins Google to support AI models
• Positive Sentiment: Google launched Nano Banana 2 (image‑generation model) with faster, better outputs — product improvements that help retain user engagement across AI services. Google rolls out Nano Banana 2
• Positive Sentiment: Billionaire Stanley Druckenmiller increased his Alphabet stake again — a notable institutional vote of confidence often read positively by the market. Druckenmiller Piled Into Alphabet
• Neutral Sentiment: Zacks and other analyst pieces reiterate Alphabet’s AI‑fueled edge in Search and Cloud vs. Meta, reinforcing the consensus growth story but not changing near‑term guidance. Meta Platforms vs. Alphabet: Which Digital Ad Behemoth Has an Edge?
• Neutral Sentiment: Waymo’s planned expansion toward Chicago signals long‑term commercialization progress but remains a multi‑year revenue story rather than an immediate profit driver. Waymo to bring driverless cars to Chicago
• Negative Sentiment: Belgian competition watchdog opened a probe into Google’s online ad pricing practices — regulatory and legal risk that could pressure ad revenue or require business changes. Belgian watchdog opens probe into Google’s online ad price practices
• Negative Sentiment: Internal tensions: 100+ Google AI employees urged limits on some military uses of Gemini, highlighting governance/ethical frictions that could complicate product deployment and public perception. Google Workers Seek ‘Red Lines’ on Military A.I.
• Negative Sentiment: Schaeffer’s options commentary warns bulls to watch for faltering action and offers a trade for subscribers — a signal some traders are positioning for short‑term downside or increased volatility. Bulls Should Keep Watch on Faltering Alphabet Stock

About Alphabet

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.