Alphabet Inc. $GOOG Stake Decreased by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 3.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,353,595 shares of the information services provider’s stock after selling 109,261 shares during the period. Alphabet makes up approximately 2.2% of Chevy Chase Trust Holdings LLC’s portfolio, making the stock its 8th biggest holding. Chevy Chase Trust Holdings LLC’s holdings in Alphabet were worth $816,768,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cinctive Capital Management LP boosted its position in shares of Alphabet by 178.1% during the 3rd quarter. Cinctive Capital Management LP now owns 40,445 shares of the information services provider’s stock worth $9,850,000 after purchasing an additional 25,901 shares in the last quarter. Circle Wealth Management LLC increased its holdings in shares of Alphabet by 10.9% in the 3rd quarter. Circle Wealth Management LLC now owns 76,483 shares of the information services provider’s stock valued at $18,627,000 after purchasing an additional 7,539 shares in the last quarter. Community Bank N.A. lifted its stake in shares of Alphabet by 5.5% in the third quarter. Community Bank N.A. now owns 7,654 shares of the information services provider’s stock valued at $1,864,000 after purchasing an additional 399 shares during the period. Clark Capital Management Group Inc. lifted its stake in shares of Alphabet by 4.6% in the third quarter. Clark Capital Management Group Inc. now owns 34,289 shares of the information services provider’s stock valued at $8,351,000 after purchasing an additional 1,512 shares during the period. Finally, Ausdal Financial Partners Inc. boosted its holdings in Alphabet by 35.6% during the third quarter. Ausdal Financial Partners Inc. now owns 50,604 shares of the information services provider’s stock worth $12,325,000 after buying an additional 13,294 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: GFiber is combining with Astound Broadband with Stonepeak as majority owner while Alphabet keeps a minority stake — this monetizes Google’s fiber asset, reduces future capex burden and leaves Alphabet with upside exposure to a larger independent broadband operator. Alphabet Inc. (GOOGL)’s Expanding Horizons: AI, Cloud, and Broadband Growth
• Positive Sentiment: Gemini AI is being added to Google Maps via “Ask Maps,” increasing product differentiation and engagement across a high-traffic app — a direct example of AI driving user value and monetization opportunities. Google (GOOGL) Adds Its Gemini AI Model to Google Maps to Allow More Detailed Questions
• Positive Sentiment: Google completed the acquisition of Wiz (~$32B), strengthening cloud security offerings — a strategic tuck-in that can help win larger enterprise cloud deals and justify higher cloud multiple over time. Google Just Closed Its $32 Billion Wiz Deal. How Should You Play GOOGL Stock Here?
• Positive Sentiment: Google changed Android billing rules, cut developer fees and resolved the Epic/Fortnite dispute — removing a legal overhang and improving developer economics for Play Store, which supports long-term app revenue resilience. Google (GOOGL) App Store Brings Back Fortnite, Changes Fee Structure
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive — recent coverage highlights strong Q4 results, cash-rich balance sheet and a consensus “Buy” tilt with several elevated price targets. This underpins medium-term investor confidence. Alphabet Q4: A Fairly Valued Tech Titan To Buy Now
• Neutral Sentiment: Social and options flow show heightened bullish conviction around Gemini and cloud, but this is sentiment-driven and can amplify short-term volatility rather than change fundamentals. Alphabet Stock (GOOG) Opinions on Gemini AI Advancements
• Neutral Sentiment: Recent short-interest data in feeds appears noisy/invalid and does not signal a meaningful squeeze or covering dynamic at present.
• Negative Sentiment: U.K. regulator warnings on protecting children online increase the risk of tighter rules and compliance costs for big tech — a regulatory backdrop that could pressure valuations if enforcement or new rules accelerate. Big tech given warning – and deadline – by UK regulator

Alphabet Stock Performance

Shares of GOOG opened at $301.46 on Friday. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15. The stock has a market cap of $3.65 trillion, a P/E ratio of 27.89, a PEG ratio of 1.76 and a beta of 1.10. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a 50-day moving average of $319.36 and a two-hundred day moving average of $290.32.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating 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 business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same period in the prior year, the business earned $2.15 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis. As a group, research analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid 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 dividend payout ratio is presently 7.77%.

Analyst Ratings Changes

GOOG has been the topic of several recent analyst reports. BMO Capital Markets restated an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $315.00 to $400.00 in a research report on Thursday, January 22nd. DZ Bank raised Alphabet to a “strong-buy” rating in a research note on Monday, February 16th. JPMorgan Chase & Co. upped their price target on Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Finally, BNP Paribas Exane started coverage on Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating for the company. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Alphabet presently has an average rating of “Buy” and a consensus price target of $345.71.

Insider Activity

In other news, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction 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 sale, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Arnold sold 112 shares of the stock in a transaction on 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 directly owned 18,418 shares in the company, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,112,493 shares of company stock worth $118,605,094 in the last quarter. 12.99% of the stock is currently owned by corporate insiders.

About Alphabet

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.