Alphabet Inc. $GOOGL Stock Position Cut by Profund Advisors LLC

Profund Advisors LLC decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 8.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 241,979 shares of the information services provider’s stock after selling 23,621 shares during the period. Alphabet makes up 1.9% of Profund Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Profund Advisors LLC’s holdings in Alphabet were worth $58,825,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of GOOGL. Financial Gravity Companies Inc. bought a new position in shares of Alphabet in the 2nd quarter worth approximately $31,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in Alphabet in the third quarter worth $53,000. Corsicana & Co. bought a new position in Alphabet in the third quarter worth $54,000. Sellwood Investment Partners LLC purchased a new position in Alphabet during the third quarter valued at $63,000. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after buying an additional 89 shares in the last quarter. 40.03% of the stock is owned by institutional investors.

Alphabet Stock Performance

Shares of GOOGL opened at $311.49 on Tuesday. The company has a market cap of $3.77 trillion, a price-to-earnings ratio of 28.82, a P/E/G ratio of 1.85 and a beta of 1.09. The business’s fifty day simple moving average is $320.38 and its two-hundred day simple moving average is $280.27. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11.

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

Alphabet Announces Dividend

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

Insider Activity

In other news, CAO Amie Thuener O’toole sold 933 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $336.55, for a total transaction of $314,001.15. Following the sale, the chief accounting officer owned 9,916 shares of the company’s stock, valued at $3,337,229.80. This trade represents a 8.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,112,482 shares of company stock worth $119,145,289. 11.55% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on GOOGL. Canaccord Genuity Group set a $415.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Argus raised their target price on shares of Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, February 6th. China Renaissance lifted their target price on shares of Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a report on Friday, February 6th. HSBC boosted their price target on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Finally, Needham & Company LLC raised their price objective on Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $366.57.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wells Fargo upgraded Alphabet, citing that the company has “three key traits of an AI winner” — an analyst upgrade that supports the AI-led growth narrative and can boost investor confidence. Wells Fargo upgrades Google parent Alphabet, says it has ‘3 key traits of AI winner’
• Positive Sentiment: Loop Capital raised its price target on GOOGL to $355 and kept a Buy rating — a notable analyst vote of confidence implying meaningful upside from current levels. Loop Capital adjusts price target on Alphabet to $355
• Positive Sentiment: Product and AI momentum: Google launched Lyria 3 (music-generation) in beta and is getting picked as a top growth stock by some outlets — incremental product wins that reinforce Alphabet’s AI growth story and monetization pathways. Alphabet (GOOGL) Expands AI Reach Amid Market Debate
• Neutral Sentiment: Industry capex backdrop: Bridgewater estimates Big Tech will invest about $650B in AI infrastructure in 2026 — a structural tailwind for Alphabet’s cloud and AI services, though it also heightens competition and capacity risk. Big Tech to invest about $650 billion in AI in 2026, Bridgewater says
• Neutral Sentiment: Reports say Apple may pay to use Alphabet’s Gemini in Siri and Waymo clarified robotaxi remote‑driving practices — potential commercial upside and regulatory clarification, but still subject to confirmation and regulatory scrutiny. Alphabet Sits At Center Of AI And Robotaxi Shifts
• Negative Sentiment: Renaissance sold about $700M in Alphabet dividend stock — a sizable institutional sell that can add near-term selling pressure. Alphabet: Renaissance sells $700 million in dividend stock
• Negative Sentiment: An Alphabet insider sold ~$14.3M of shares — a headline that can weigh on sentiment even if occasional in normal insider activity. Alphabet (NASDAQ:GOOGL) Insider Sells $14,341,182.30 in Stock
• Negative Sentiment: Wider market worry: coverage notes hyperscalers are funding AI buildouts increasingly with debt, raising questions about capex returns and investor risk tolerance — a sector headwind that can pressure GOOGL alongside peers. How the AI debt binge shattered hyperscalers’ ‘unspoken contract’ with investors

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.