Alphabet Inc. $GOOG Shares Sold by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. decreased its position in Alphabet Inc. (NASDAQ:GOOG) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 660,791 shares of the information services provider’s stock after selling 15,239 shares during the period. Alphabet comprises 2.3% of Tocqueville Asset Management L.P.’s portfolio, making the stock its 7th largest holding. Tocqueville Asset Management L.P.’s holdings in Alphabet were worth $160,936,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Robinson Smith Wealth Advisors LLC boosted its holdings in Alphabet by 1.8% in the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock valued at $504,000 after purchasing an additional 36 shares in the last quarter. Searle & CO. raised its stake 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 worth $1,389,000 after buying an additional 36 shares in the last quarter. Navellier & Associates Inc. raised its stake in shares of Alphabet by 0.6% during the 3rd quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock worth $1,424,000 after buying an additional 36 shares in the last quarter. BankPlus Wealth Management LLC lifted its holdings in shares of Alphabet by 1.2% in the 3rd quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock valued at $766,000 after buying an additional 37 shares during the period. Finally, Activest Wealth Management lifted its holdings in shares of Alphabet by 0.5% in the 3rd 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. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 112 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the sale, the director owned 18,418 shares of the company’s stock, valued at $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total transaction of $9,859,850.00. Following the completion of the sale, the chief executive officer directly owned 1,674,560 shares in the company, valued at $508,028,012.80. This trade represents a 1.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,112,493 shares of company stock worth $118,605,094 in the last 90 days. Insiders own 12.99% of the company’s stock.

Alphabet Price Performance

GOOG stock traded up $1.28 during midday trading on Friday, hitting $304.49. 3,933,080 shares of the stock were exchanged, compared to its average volume of 21,975,703. The stock’s 50-day moving average price is $319.64 and its 200-day moving average price is $289.11. 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 cap of $3.68 trillion, a price-to-earnings ratio of 28.22, a PEG ratio of 1.81 and a beta of 1.10. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.Alphabet’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.15 earnings per share. Research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

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 given a $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 7.77%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet closed its largest-ever acquisition, the $32B purchase of Wiz, adding cloud security capabilities to Google Cloud that could improve revenue mix and enterprise adoption. Google Completes $32 Billion Purchase of Cybersecurity Firm Wiz
• Positive Sentiment: Gemini AI is being integrated into Google Maps via an “Ask Maps” feature, demonstrating monetizable product differentiation and widening Gemini’s reach across core apps. Google Adds Its Gemini AI Model to Google Maps
• Positive Sentiment: Google reversed course on Android billing, cutting developer fees and restoring Fortnite to the Play Store — a move that reduces platform friction and can help app store revenue/stability. Google App Store Brings Back Fortnite, Changes Fee Structure
• Positive Sentiment: Competitor delay: Meta reportedly postponed its next AI model release, which may give Alphabet more time to extend Gemini’s lead and capture incremental market share. Meta Is Falling Behind in AI Models. Its Loss Could Be Google’s Gain, Report Says.
• Neutral Sentiment: Alphabet will combine its GFiber unit with Astound Broadband and retain a minority stake; this reduces capex burden but limits control — a capital-allocation tradeoff investors are parsing. Google sells partial stake in fiber business, becomes minority owner of new venture
• Negative Sentiment: Regulatory risk: U.K. regulator Ofcom has issued deadlines and warnings for tech firms to better protect young users — heightened regulatory scrutiny can increase compliance costs and policy uncertainty. Big tech given warning – and deadline – by UK regulator
• Negative Sentiment: Some outlets and analysts flag that Google’s AI story is being tested versus expectations (valuation and competitive pressure), a narrative that can cap near-term multiple expansion. Google’s AI Dominance Is Being Tested. Here’s What Investors Need to Know

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Needham & Company LLC set a $400.00 price objective on Alphabet and gave the stock a “buy” rating in a report on Friday. Jefferies Financial Group reissued a “buy” rating and issued a $365.00 target price on shares of Alphabet in a report on Monday, January 5th. Sanford C. Bernstein restated a “market perform” rating and set a $345.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $370.00 price target on shares of Alphabet in a research note on Tuesday, January 20th. Finally, Truist Financial set a $350.00 price target on shares of Alphabet in a report on Friday, December 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $345.71.

Alphabet Company 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.