Grace & Mercy Foundation Inc. Has $74.18 Million Stake in Alphabet Inc. $GOOGL

Grace & Mercy Foundation Inc. cut its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 19.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 305,148 shares of the information services provider’s stock after selling 73,250 shares during the period. Alphabet makes up approximately 15.8% of Grace & Mercy Foundation Inc.’s investment portfolio, making the stock its largest position. Grace & Mercy Foundation Inc.’s holdings in Alphabet were worth $74,181,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of GOOGL. Brighton Jones LLC raised its position in shares of Alphabet by 3.9% in the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after buying an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC grew its position in Alphabet by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after buying an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY grew its position in Alphabet by 17.6% during the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after buying an additional 581 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Alphabet by 11.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after acquiring an additional 48,805 shares during the period. Finally, United Bank increased its stake in Alphabet by 6.9% during the 2nd quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after acquiring an additional 3,120 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Activity at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were 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 of the company’s stock, valued at $720,914,730.12. This represents a 1.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the sale, the chief accounting officer owned 9,918 shares in the company, valued at $2,955,564. This represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,076,615 shares of company stock valued at $107,809,111 in the last quarter. 11.55% of the stock is owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market perception that Alphabet has shifted from being “hunted” to a “hunter” in the AI race — investors interpret this as improved competitive positioning for search, ads and cloud monetization, supporting near‑to‑midterm growth expectations. Alphabet (GOOG) gained from its shift in the AI race from being ‘hunted’ to being a ‘hunter’
• Positive Sentiment: Google closed its ~$32B acquisition of Wiz — strengthens cloud security capabilities and enterprise positioning, which should help diversify revenue and deepen enterprise cloud relationships over time. Wiz investor unpacks Google’s $32B acquisition
• Positive Sentiment: Analyst support: Needham reiterated a Buy on GOOGL, which can buoy investor sentiment and act as a near‑term catalyst for buying interest. Alphabet’s (GOOGL) Buy Rating Reiterated at Needham & Company LLC
• Neutral Sentiment: Heavy retail/investor attention and trending stock coverage (Zacks) — increased searches can raise volatility and volume, but are not a direct signal of fundamentals. Alphabet Inc. (GOOG) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Reported short‑interest data shows zero reported short shares and a 0.0 days‑to‑cover — likely a reporting anomaly; not meaningful evidence of decreased bearish positioning.
• Negative Sentiment: EU regulatory risk: European publishers and tech firms are urging the EU to conclude a long antitrust probe and impose a fine on Google over alleged search favoritism — a faster or larger penalty could pressure revenue from search and create operational constraints. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search

Alphabet Stock Performance

NASDAQ:GOOGL opened at $305.56 on Tuesday. The stock’s 50-day simple moving average is $318.90 and its 200 day simple moving average is $291.05. The firm has a market capitalization of $3.70 trillion, a PE ratio of 28.27, a price-to-earnings-growth ratio of 1.77 and a beta of 1.10. 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 Inc. has a twelve month low of $140.53 and a twelve month high of $349.00.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion during 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%. On average, analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GOOGL. UBS Group set a $348.00 target price on Alphabet and gave the company a “neutral” rating in a research report on Thursday, February 5th. Cantor Fitzgerald restated an “overweight” rating and issued a $370.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Wells Fargo & Company set a $354.00 price target on Alphabet and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Daiwa Securities Group upped their price objective on shares of Alphabet from $333.00 to $380.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, Bank of America increased their price objective on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has an average rating of “Moderate Buy” and an average target price of $367.18.

About Alphabet

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.