MRP Capital Investments LLC Has $5.63 Million Position in Alphabet Inc. $GOOG

MRP Capital Investments LLC lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 11.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,120 shares of the information services provider’s stock after selling 3,080 shares during the period. Alphabet accounts for 4.4% of MRP Capital Investments LLC’s holdings, making the stock its 2nd biggest position. MRP Capital Investments LLC’s holdings in Alphabet were worth $5,631,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Morse Asset Management Inc increased its stake in shares of Alphabet by 3.3% during the 3rd quarter. Morse Asset Management Inc now owns 1,093 shares of the information services provider’s stock worth $266,000 after purchasing an additional 35 shares during the last quarter. Robinson Smith Wealth Advisors LLC lifted its stake 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 during the last quarter. Searle & CO. lifted its stake in Alphabet by 0.6% in the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock valued at $1,389,000 after purchasing an additional 36 shares during the last quarter. Navellier & Associates Inc. grew its holdings in Alphabet by 0.6% during the third quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock worth $1,424,000 after purchasing an additional 36 shares during the period. Finally, BankPlus Wealth Management LLC grew its holdings in Alphabet by 1.2% during the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock worth $766,000 after purchasing an additional 37 shares during the period. 27.26% of the stock is owned by institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: New CVS partnership (Health100) expands Gemini AI into consumer healthcare and creates a potential commercial channel across pharmacy, insurance and wearables — a tangible monetization path for Gemini models. Read More.
• Positive Sentiment: DeepMind hired Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a high‑profile AI talent acquisition that strengthens research and commercial push vs. OpenAI/Anthropic. Read More.
• Positive Sentiment: Product momentum: Google’s updated Stitch / AI design tools are getting market traction and have pressured competitors (Figma, Adobe), signaling faster adoption of Google’s developer/designer workflows. Product wins can accelerate monetization of AI features. Read More.
• Positive Sentiment: Operational: Google signed utility deals to curb data‑center power use during peaks, helping secure capacity for AI workloads and reducing the risk of power shortages for new data centers. Read More.
• Positive Sentiment: Google Cloud strengthened security via the Wiz buyout, improving its enterprise positioning against AWS/Azure — supportive for enterprise AI adoption and higher‑margin cloud growth. Read More.
• Neutral Sentiment: Regulatory: Google will add an opt‑out for generative AI in search to address UK competition concerns — reduces near‑term regulatory friction but could limit product scope in the UK. Read More.
• Neutral Sentiment: Analyst/market context: Strong analyst sentiment, recent dividend initiation and high price targets support longer‑term confidence but leave valuation sensitive to execution and capex. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and other insiders have executed large, repeated sales this month — amplifies short‑term caution and can pressure sentiment. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: Greater reliance on Chinese suppliers for advanced liquid‑cooling (and possible acquisition) improves capacity but raises export, regulatory and geopolitical risk for AI infrastructure. Read More.
• Negative Sentiment: Macro/valuation risk: Ongoing hyperscaler AI capex is large and raises questions about the timing of returns — a counterweight to optimistic AI revenue narratives and a potential drag on near‑term multiples. Read More.

Insider Buying and Selling

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 transaction of $14,341,182.30. Following the completion of the sale, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the transaction, the chief executive officer owned 2,244,372 shares in the company, valued at $720,914,730.12. The trade was a 1.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,110,165 shares of company stock valued at $118,134,117 over the last 90 days. 12.99% of the stock is currently owned by insiders.

Alphabet Price Performance

NASDAQ:GOOG opened at $305.73 on Friday. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15. 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 firm’s 50-day simple moving average is $318.27 and its 200 day simple moving average is $292.42. The firm has a market cap of $3.70 trillion, a price-to-earnings ratio of 28.28, a P/E/G ratio of 1.79 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. The company 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%. The business’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period last year, the firm earned $2.15 earnings per share. As a group, sell-side analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is currently 7.77%.

Analyst Upgrades and Downgrades

GOOG has been the topic of several research analyst reports. Citigroup restated a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Wells Fargo & Company raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 price target on shares of Alphabet in a report on Thursday, February 5th. Finally, Scotiabank reiterated an “outperform” rating and issued a $400.00 price objective (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $345.71.

Alphabet 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.