Alphabet Inc. $GOOGL Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas decreased its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 30.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,682,252 shares of the information services provider’s stock after selling 744,653 shares during the quarter. Alphabet comprises approximately 1.6% of Teacher Retirement System of Texas’ investment portfolio, making the stock its 8th largest holding. Teacher Retirement System of Texas’ holdings in Alphabet were worth $408,955,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Moment Partners LLC raised its stake in shares of Alphabet by 9.3% in the 2nd quarter. Moment Partners LLC now owns 5,896 shares of the information services provider’s stock valued at $1,039,000 after purchasing an additional 504 shares in the last quarter. Welch Group LLC grew its stake in Alphabet by 4.0% in the second quarter. Welch Group LLC now owns 64,262 shares of the information services provider’s stock worth $11,325,000 after purchasing an additional 2,467 shares in the last quarter. Brooktree Capital Management bought a new stake in Alphabet in the second quarter valued at about $352,000. Griffin Asset Management Inc. raised its stake in Alphabet by 13.9% during the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock valued at $14,277,000 after buying an additional 7,180 shares in the last quarter. Finally, Birchcreek Wealth Management LLC lifted its holdings in Alphabet by 2.9% during the 2nd quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock worth $1,415,000 after buying an additional 223 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and milestone revenue — Alphabet reported EPS of $2.82 and $113.8B revenue, topped estimates, pushed full‑year revenue past $400B, and Google Cloud grew ~48% (strong fundamentals supporting long‑term growth). Alphabet Crushes Earnings Again, Reports 48% Cloud Revenue Growth
• Positive Sentiment: Heavy analyst optimism — Multiple firms raised price targets and reiterated buy/outperform calls after the quarter (JPMorgan, Deutsche, RBC, Mizuho, Needham, etc.), signaling continued institutional confidence. Analyst Price Target Coverage
• Positive Sentiment: AI traction and partner demand — Gemini MAUs and API token volumes, plus a surging cloud backlog ($240B), validate the company’s AI roadmap and create durable enterprise demand that should support revenue and monetization over time. Earnings Report Summary
• Neutral Sentiment: Dividend announced — Alphabet set a quarterly dividend of $0.21/share (small yield ~0.3%); a signal of capital return but not material to valuation. Dividend Announcement
• Neutral Sentiment: Marketing push for AI products — Google and peers are paying big to creators to promote AI offerings; helps awareness but short‑term ROI is uncertain. Google and Microsoft offer lucrative deals to promote AI
• Neutral Sentiment: Filing wording flagged by Michael Burry — A noted investor flagged language changes in Alphabet filings; impact is unclear and likely more headline than fundamental at this point. Michael Burry flags wording …
• Negative Sentiment: Massive 2026 capex spooked investors — Alphabet guided $175–$185B capex for 2026 (near‑doubling), which triggered a sharp post‑earnings selloff as markets fret about near‑term cash use and margin impacts despite long‑term strategic rationale. Alphabet forecasts sharp surge in 2026 capex
• Negative Sentiment: Insider selling — Reports of insider sales have added to near‑term selling pressure and investor caution. Shares Down After Insider Selling

Analysts Set New Price Targets

Several equities research analysts recently issued reports on GOOGL shares. Raymond James Financial raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Royal Bank Of Canada boosted their target price on shares of Alphabet from $375.00 to $400.00 and gave the company an “outperform” rating in a research note on Thursday. Barclays reissued an “overweight” rating and set a $360.00 target price (up from $315.00) on shares of Alphabet in a report on Thursday. Wolfe Research lifted their price target on shares of Alphabet from $380.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. Finally, Citic Securities increased their price objective on shares of Alphabet from $230.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Four research analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $354.86.

Insider Buying and Selling at Alphabet

In related news, CAO Amie Thuener O’toole sold 933 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the sale, the chief accounting officer owned 9,916 shares of the company’s stock, valued at $3,337,229.80. This represents a 8.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $340.00, for a total transaction of $34,680.00. Following the transaction, the director directly owned 18,307 shares in the company, valued at approximately $6,224,380. The trade was a 0.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 2,035,186 shares of company stock valued at $94,458,941. 11.64% of the stock is currently owned by insiders.

Alphabet Price Performance

NASDAQ GOOGL opened at $331.25 on Friday. The company has a 50-day moving average price of $321.54 and a two-hundred day moving average price of $269.25. The stock has a market cap of $4.00 trillion, a price-to-earnings ratio of 30.64, a price-to-earnings-growth ratio of 2.01 and a beta of 1.09. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 36.21% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is 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.