Alphabet Inc. $GOOGL Shares Bought by NEOS Investment Management LLC

NEOS Investment Management LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 48.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,312,656 shares of the information services provider’s stock after buying an additional 428,021 shares during the period. Alphabet accounts for approximately 2.4% of NEOS Investment Management LLC’s holdings, making the stock its 9th largest holding. NEOS Investment Management LLC’s holdings in Alphabet were worth $319,107,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GOOGL. Vanguard Group Inc. boosted its stake in Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after buying an additional 6,733,278 shares during the period. State Street Corp lifted its holdings in shares of Alphabet by 1.8% in the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after acquiring an additional 4,008,374 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Alphabet by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock worth $24,857,017,000 after purchasing an additional 4,224,497 shares during the period. Norges Bank purchased a new position in shares of Alphabet during the 2nd quarter worth approximately $21,944,208,000. Finally, Invesco Ltd. increased its holdings 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 hedge funds and other institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big, sustained AI and cloud investment supports long-term growth thesis: reports show Alphabet is among the large tech players pouring billions into AI infrastructure and chips, reinforcing expectations for continued revenue/market-share gains in AI services. Microsoft and Alphabet Spend Billions On AI: A Closer Look
• Positive Sentiment: Product and infrastructure wins — Google Cloud strong growth and strategic partnerships (including Rakuten integration and recent mapping/export approvals and clean-energy data centers) underline secular revenue drivers and operational resilience. Alphabet (GOOGL) Valuation Check As AI Infrastructure Push And Capex Plans Draw Investor Focus
• Neutral Sentiment: Heightened investor attention and analyst commentary keep stock in focus — multiple pieces note strong interest and differing views on valuation vs. capex plans; this raises volatility but not a clear directional signal. Alphabet Inc. (GOOG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Short-interest data in feeds is showing anomalous/zero values and should be treated as noise rather than a market-moving signal for now.
• Negative Sentiment: Geopolitical risk hit sentiment today: tech firms temporarily closed Middle East offices and markets sold off amid rising U.S.-Iran tensions, prompting defensive positioning that weighs on high-beta, growth names like Alphabet. Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
• Negative Sentiment: Employee and policy scrutiny over military use of AI (letters and internal pressure) could complicate government contracts and public perception as Google negotiates over Gemini-related work with the Pentagon. Google employees call for military limits on AI amid Iran strikes, Anthropic fallout
• Negative Sentiment: Regulatory/safety risk from Waymo: the NTSB is probing incidents of Waymo vehicles illegally passing stopped school buses — a development that raises liability, regulatory scrutiny and reputational risk for Alphabet’s autonomous-vehicle ambitions. NTSB says Waymo robotaxis illegally passed stopped school buses in new incidents

Wall Street Analyst Weigh In

GOOGL has been the topic of a number of research reports. JPMorgan Chase & Co. restated a “buy” rating on shares of Alphabet in a research note on Monday, February 9th. Roth Mkm boosted their price objective on Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Citigroup raised their target price on Alphabet from $350.00 to $390.00 and gave the company a “buy” rating in a report on Friday, February 6th. Daiwa Securities Group lifted their target price on Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Mizuho increased their price target on shares of Alphabet from $400.00 to $410.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and a consensus price target of $366.57.

Insider Activity at Alphabet

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was 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 Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider owned 13,227 shares in the company, valued at $3,987,279.15. This represents a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,078,926 shares of company stock worth $108,426,720. Insiders own 11.55% of the company’s stock.

Alphabet Price Performance

GOOGL stock opened at $303.58 on Wednesday. The business has a 50 day moving average price of $320.71 and a 200 day moving average price of $284.77. 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 $3.67 trillion, a price-to-earnings ratio of 28.08, a PEG ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Equities research analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

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.