Alphabet Inc. $GOOGL is Norden Group LLC’s 6th Largest Position

Norden Group LLC boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,170 shares of the information services provider’s stock after purchasing an additional 1,910 shares during the period. Alphabet comprises approximately 2.0% of Norden Group LLC’s investment portfolio, making the stock its 6th biggest holding. Norden Group LLC’s holdings in Alphabet were worth $20,085,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. PMV Capital Advisers LLC acquired a new position in shares of Alphabet in the 4th quarter valued at about $38,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Alphabet in the third quarter worth about $53,000. iSAM Funds UK Ltd purchased a new stake in shares of Alphabet in the third quarter worth about $53,000. Corsicana & Co. acquired a new stake in Alphabet during the third quarter worth about $54,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in Alphabet by 37.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Veo 3.1 Lite, a lower?cost video AI model aimed at broadening developer adoption by delivering similar speed at under half the cost versus premium models — a direct product push that could expand AI usage and cloud/compute revenue. Google Unveils Cheaper AI Video Model to Expand Adoption
• Positive Sentiment: Market reaction was aided by a geopolitical tailwind: shares jumped after reports President Trump signaled a willingness to end the multi?week conflict with Iran, reducing risk?off pressure on mega?cap tech stocks. Alphabet (GOOGL) Stock Trades Up, Here Is Why
• Positive Sentiment: Needham reiterated a Buy on GOOGL with a $400 price target, reinforcing bullish analyst sentiment and providing an upside anchor for investors. Needham Reiterates Buy on Alphabet Inc. (GOOGL) With $400 Price Target
• Positive Sentiment: Reports show high?profile investors adding to positions (e.g., Stanley Druckenmiller), and coverage that highlights Alphabet as a core AI/cloud compounder — both support demand and sentiment. Billionaire Stanley Druckenmiller Piled Into 2 of the Hottest AI Stocks for a Second Consecutive Quarter
• Neutral Sentiment: Alphabet remains featured in thematic AI/cloud roundups (cloud backlog growth and strong Q4 cloud revenue cited), underscoring long?term structural demand even as near?term volatility persists. 5 Cloud and AI Infrastructure Stocks Powering the Next Wave of AI
• Neutral Sentiment: Alphabet issued very long?dated debt (100?year issuance), a financing move that locks cheap funding long?term but has mixed near?term implications for capital allocation. Alphabet Taps Debt Markets With 100-Year Issuance
• Neutral Sentiment: Product/UX updates around Gmail and crypto wallet integrations were highlighted in recent coverage; this flags product complexity in crypto flows but is not yet a clear revenue catalyst. New Gmail update highlights major crypto wallet struggle
• Negative Sentiment: Regulatory risk: Indonesia summoned Google over non?compliance with new child social media curbs, highlighting widening global regulatory scrutiny that could increase compliance costs or product restrictions abroad. Indonesia summons Meta and Google over non-compliance with child social media curbs, minister says
• Negative Sentiment: Publishers such as Future PLC blamed recent Google search changes for pressure on higher?margin ad revenues, a reminder that platform shifts can disrupt partners and attract criticism/regulatory attention. Future shares flop on profit warning as Google search changes hit ad revenues

Insider Buying and Selling at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the sale, the insider 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 sale was disclosed in a document filed with the Securities & Exchange Commission, 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 dated Friday, January 30th. The stock was 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 quarter, insiders sold 2,092,234 shares of company stock valued at $112,487,971. Insiders own 11.55% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Tigress Financial set a $415.00 price target on Alphabet and gave the company a “strong-buy” rating in a report on Thursday, February 19th. Citigroup raised their price objective on shares of Alphabet from $350.00 to $390.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. New Street Research lifted their target price on shares of Alphabet from $330.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Daiwa Securities Group boosted their target price on shares of Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, HSBC increased their price target on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and an average price target of $368.06.

Alphabet Stock Up 5.1%

Alphabet stock opened at $287.56 on Wednesday. The stock has a market capitalization of $3.48 trillion, a PE ratio of 26.60, a price-to-earnings-growth ratio of 1.60 and a beta of 1.10. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The business has a 50 day simple moving average of $311.25 and a 200-day simple moving average of $295.96. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOGL) last announced its 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 analyst estimates of $111.24 billion. On average, analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a dividend of $0.21 per share. 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 dividend payout ratio is currently 7.77%.

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.