Teachers Retirement System of The State of Kentucky Sells 44,900 Shares of Alphabet Inc. $GOOG

Teachers Retirement System of The State of Kentucky trimmed its position in Alphabet Inc. (NASDAQ:GOOG) by 7.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 525,771 shares of the information services provider’s stock after selling 44,900 shares during the quarter. Alphabet makes up 1.0% of Teachers Retirement System of The State of Kentucky’s portfolio, making the stock its 10th biggest position. Teachers Retirement System of The State of Kentucky’s holdings in Alphabet were worth $128,052,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in GOOG. Brighton Jones LLC grew its stake in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after purchasing an additional 6,410 shares during the period. Ignite Planners LLC grew its position in shares of Alphabet by 1.0% during the 2nd quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock worth $2,697,000 after buying an additional 144 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Alphabet by 7.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider’s stock valued at $105,540,000 after acquiring an additional 41,132 shares during the last quarter. Sebold Capital Management Inc. raised its position in shares of Alphabet by 9.6% in the 2nd quarter. Sebold Capital Management Inc. now owns 2,818 shares of the information services provider’s stock valued at $500,000 after acquiring an additional 248 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of Alphabet by 104.6% in the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 15,559 shares of the information services provider’s stock valued at $2,760,000 after acquiring an additional 7,954 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Down 0.9%

NASDAQ:GOOG opened at $303.53 on Wednesday. The company has a market cap of $3.67 trillion, a P/E ratio of 28.08, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. The business has a 50 day moving average price of $321.14 and a two-hundred day moving average price of $285.34. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating 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 net margin of 32.81% and a return on equity of 35.01%. The firm’s revenue was up 18.0% compared to the same quarter last year. During the same period last year, the company earned $2.15 earnings per share. As a group, analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued 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 dividend payout ratio (DPR) is presently 7.77%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched a faster, lower-cost Gemini 3.1 Flash‑Lite model and continues heavy AI/cloud investment — a clear revenue and margin growth thesis for Search and Cloud as AI adoption ramps. Google Launches Gemini 3.1 Flash-Lite
• Positive Sentiment: Analysts and modelers are lifting Alphabet’s fair value and price targets as AI and “heavy compute” capex are re‑priced into long‑term cash flow expectations — a bullish fundamental backdrop for multiples. How The Alphabet Investment Story Is Shifting
• Positive Sentiment: Institutional buying and notable stakes (including Berkshire’s disclosed position) reinforce demand and provide a floor to volatility; many firms still carry buy/outperform ratings. Berkshire Holds Alphabet Position
• Neutral Sentiment: Alphabet’s management outreach (recent Morgan Stanley conference presentation/transcript) provides incremental visibility on strategy and capex cadence but contained new guidance. Morgan Stanley Conference Transcript
• Neutral Sentiment: Short‑interest reports in the feed are inconsistent/low‑quality (zeros/NaN), so they’re not a reliable short‑term driver; ignore noisy short‑data anomalies until clearer reports arrive.
• Negative Sentiment: Escalating Middle East conflict has prompted temporary office closures and operational disruptions for tech firms, fueling broad market risk-off flows that pressure large cap tech stocks, including Alphabet. Offices Closed Amid U.S.-Iran War
• Negative Sentiment: Worker pushback and public scrutiny over military AI contracts could create reputational and contract‑execution uncertainty as Google negotiates Pentagon ties for Gemini — potential governance/PR headwinds. Employees Call for Military Limits
• Negative Sentiment: Competitive pressure: OpenAI released a new GPT‑5.3 Instant model on the same day as Google’s Gemini update, increasing the pace of model competition and the need for continued R&D spending. OpenAI Launches GPT-5.3 Instant
• Negative Sentiment: Waymo (Alphabet’s AV unit) is under NTSB investigation for incidents involving stopped school buses, creating regulatory and liability risk that can weigh on investor sentiment for the broader parent. NTSB Investigates Waymo Incidents

Insiders Place Their Bets

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the firm’s 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 directly owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total value of $314,001.15. Following the transaction, the chief accounting officer directly owned 9,916 shares in the company, valued at $3,337,229.80. This trade represents a 8.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,078,926 shares of company stock valued at $108,426,720 in the last quarter. 12.99% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Wells Fargo & Company raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. TD Cowen reaffirmed a “buy” rating and set a $365.00 price objective (up from $355.00) on shares of Alphabet in a research note on Thursday, February 5th. Piper Sandler reiterated an “overweight” rating and set a $395.00 target price on shares of Alphabet in a report on Thursday, February 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $343.90.

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.