Intech Investment Management LLC Sells 39,952 Shares of Alphabet Inc. $GOOGL

Intech Investment Management LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 7.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 510,900 shares of the information services provider’s stock after selling 39,952 shares during the quarter. Alphabet comprises approximately 1.1% of Intech Investment Management LLC’s portfolio, making the stock its 10th biggest holding. Intech Investment Management LLC’s holdings in Alphabet were worth $124,200,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in GOOGL. Delta Asset Management LLC TN grew its holdings in shares of Alphabet by 0.6% during the third quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock worth $1,496,000 after buying an additional 37 shares in the last quarter. Matisse Capital lifted its stake in shares of Alphabet by 0.3% during the third quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock valued at $3,601,000 after buying an additional 38 shares during the period. Rialto Wealth Management LLC lifted its stake in shares of Alphabet by 1.7% during the third quarter. Rialto Wealth Management LLC now owns 2,226 shares of the information services provider’s stock valued at $541,000 after buying an additional 38 shares during the period. Hodges Capital Management Inc. boosted its position in Alphabet by 0.5% during the third quarter. Hodges Capital Management Inc. now owns 6,963 shares of the information services provider’s stock worth $1,693,000 after acquiring an additional 38 shares during the last quarter. Finally, Wilkins Miller Wealth Management LLC grew its stake in Alphabet by 0.9% in the 3rd quarter. Wilkins Miller Wealth Management LLC now owns 4,052 shares of the information services provider’s stock worth $985,000 after acquiring an additional 38 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Transactions at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of Alphabet 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 completion of the transaction, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the sale, the chief executive officer owned 2,244,372 shares of the company’s stock, valued at $720,914,730.12. This trade represents a 1.43% 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 sold 2,112,493 shares of company stock worth $118,605,094. 11.55% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is rolling out Agent Designer / AI agents on the Pentagon’s GenAI.mil portal, letting millions of DoD staff build unclassified digital assistants for administrative tasks — a direct path to cloud and services revenue from government contracts. Note the deployment occurs amid legal friction with Anthropic, which adds complexity but not immediate revenue headwinds. Google deepens Pentagon AI push after Anthropic sues Trump administration
• Positive Sentiment: Multiple outlets report Google deploying AI agents to help the Pentagon automate jobs — reinforcing the same revenue/scale thesis for Google Cloud and enterprise AI products. Google Deploys AI Agents to Help Pentagon Automate Jobs
• Positive Sentiment: MarketBeat flags a technical reset: the stock has pulled back toward a $300 support zone and may be forming a higher low — a potential entry for long-term investors if key moving averages are reclaimed. Institutional inflows and bullish analyst targets underpin this view. Alphabet’s Pullback May Be Opening a New Entry Point
• Positive Sentiment: Google and Tesla joined others to launch Utilize, aiming to change grid usage/regulation — a strategic partnership that could open enterprise opportunities for Google’s software and energy-related services. Google and Tesla think we’re managing the electrical grid all wrong
• Positive Sentiment: Wall Street commentary shows renewed target activity and modest upgrades that support upside expectations — helpful for sentiment while the stock digests the pullback. Wall Street analyst updates Google stock price target for next 12 months
• Neutral Sentiment: Short-interest reports in the dataset show anomalous zero/NaN values and 0 days-to-cover — appears to be data/reporting noise rather than a market signal. (No external link available.)
• Neutral Sentiment: Media pieces weigh whether GOOGL’s current level is a breakout or a value trap and sketch buy strategies around lower prices — useful for positioning but not immediate catalysts. GOOGL Stock At $300: Is This A Breakout Or A Value Trap?
• Negative Sentiment: Reports highlight Sundar Pichai’s $692M compensation package tied to long-shot projects that aren’t currently revenue-generating — a governance/expense concern that can weigh on sentiment. Alphabet CEO Sundar Pichai’s new $692 million compensation package hinges on two moonshots
• Negative Sentiment: Insider selling: CEO disclosed roughly $9.86M in stock sales — a modest negative signal for investor optics (typical for executives exercising/monetizing holdings but worth monitoring). Insider Selling: Alphabet CEO Sells Stock
• Negative Sentiment: Competitive risk: coverage noting Microsoft’s dual-model AI strategy and Azure momentum underscores tougher competition for cloud/AI workloads — a sector-level headwind for GOOGL’s cloud positioning. Microsoft Positioned to Win AI Race With Dual-Model Strategy

Alphabet Price Performance

GOOGL opened at $307.04 on Wednesday. The company has a market capitalization of $3.71 trillion, a P/E ratio of 28.40, a PEG ratio of 1.79 and a beta of 1.10. The company has a 50-day moving average of $319.65 and a 200-day moving average of $288.33. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $349.00.

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

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a dividend of $0.21 per share. 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 (DPR) is currently 7.77%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on GOOGL. DA Davidson boosted their price target on Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating and set a $400.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Roth Mkm lifted their price objective on Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Wedbush upped their target price on Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Alphabet from $370.00 to $390.00 and gave the stock a “buy” 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 given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $367.18.

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.