Alphabet Inc. $GOOGL Shares Bought by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 164,823 shares of the information services provider’s stock after acquiring an additional 18,232 shares during the quarter. Alphabet accounts for 3.9% of Global X Japan Co. Ltd.’s portfolio, making the stock its 9th largest holding. Global X Japan Co. Ltd.’s holdings in Alphabet were worth $51,590,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its holdings in Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after buying an additional 4,110 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Alphabet by 3.5% in 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 during the period. Matrix Asset Advisors Inc. NY boosted its holdings in shares of Alphabet by 17.6% in 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 during the period. Sequoia Financial Advisors LLC increased its position in shares of Alphabet by 11.2% in the second 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 in the last quarter. Finally, United Bank increased its position in shares of Alphabet by 6.9% in the second 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 in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Up 3.4%

GOOGL stock opened at $297.39 on Thursday. The company has a 50 day moving average of $310.63 and a two-hundred day moving average of $295.97. The company has a market cap of $3.60 trillion, a price-to-earnings ratio of 27.51, a PEG ratio of 1.76 and a beta of 1.12. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. 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:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. 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 analysts’ expectations of $111.24 billion. On average, equities analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages recently commented on GOOGL. President Capital upped their price target on shares of Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alphabet in a research report on Monday, February 9th. Wolfe Research boosted their target price on shares of Alphabet from $380.00 to $390.00 and gave the company an “outperform” rating in a research note on Friday, January 23rd. The Goldman Sachs Group restated a “buy” rating and issued a $375.00 target price (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Finally, Tigress Financial set a $415.00 target price on Alphabet and gave the stock a “strong-buy” rating in a research report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and an average price target of $368.06.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wells Fargo raised its price target to $397, citing growing opportunities to monetize Google Cloud — a direct positive for revenue growth and valuation expectations. Wells Fargo raises PT
• Positive Sentiment: Needham reiterated a Buy with a $400 target, reinforcing buy-side analyst conviction and supporting upside narratives for the stock. Needham reiterates Buy
• Positive Sentiment: Google launched Veo 3.1 Lite — a lower?cost AI video model — which should accelerate adoption of Google’s video AI tools and expand addressable market for cloud AI services. Google unveils cheaper AI video model
• Positive Sentiment: Bloomberg/press reports that Google plans a screenless Fitbit band later this year — a small but positive product diversification play that could help hardware revenue and ecosystem engagement. Google readies screenless Fitbit
• Positive Sentiment: Several outlets highlight recent analyst upgrades and buy-side interest (including a MarketBeat feature listing Alphabet among core AI/cloud plays), reinforcing momentum into mega?caps when market breadth favors growth. MarketBeat AI cloud list
• Neutral Sentiment: Zacks and Benzinga pieces note Alphabet outpaced the market and benefited from broad sector strength — helpful context but not a company-specific fundamental change. Zacks: Outpaced market
• Neutral Sentiment: Alphabet issued long?dated debt (including a 100?year tranche), a signal of financing flexibility and confidence in cash flows; bond activity is generally neutral for near?term equity moves but relevant for capital structure. Alphabet taps debt markets
• Negative Sentiment: Billionaire Ray Dalio trimmed his Alphabet stake — a headline that can stoke short?term selling or be read as portfolio rebalancing by large holders. Dalio reduces position
• Negative Sentiment: Child development experts petitioned Google to block AI?generated videos aimed at kids and Indonesia summoned Google over child social?media rules — regulatory and content?risk headlines that could pressure YouTube monetization and increase moderation costs. Experts urge Google on AI videos Indonesia summons Google

Insider Transactions at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the sale, the director directly owned 4,631 shares in the company, valued at $1,405,091.71. The trade was a 18.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the sale, the chief executive officer directly owned 2,818,524 shares of the company’s stock, valued at approximately $856,605,814.08. The trade was a 1.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 2,092,234 shares of company stock valued at $112,487,971. Corporate insiders own 11.64% of the company’s stock.

Alphabet Company 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.