Alphabet Inc. $GOOGL is Independent Advisor Alliance’s 9th Largest Position

Independent Advisor Alliance grew its position in Alphabet Inc. (NASDAQ:GOOGL) by 1.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 279,750 shares of the information services provider’s stock after purchasing an additional 3,478 shares during the period. Alphabet comprises approximately 1.8% of Independent Advisor Alliance’s holdings, making the stock its 9th largest holding. Independent Advisor Alliance’s holdings in Alphabet were worth $68,007,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Financial Gravity Companies Inc. purchased a new stake in shares of Alphabet in the second quarter valued at $31,000. CarsonAllaria Wealth Management Ltd. raised its position in Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after buying an additional 67 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new stake in Alphabet in the 3rd quarter worth about $53,000. Corsicana & Co. acquired a new stake in Alphabet during the 3rd quarter worth about $54,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after acquiring an additional 89 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on GOOGL shares. HSBC increased their price objective on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Citigroup increased their price objective on Alphabet from $350.00 to $390.00 and gave the company a “buy” rating in a report on Friday, February 6th. Cantor Fitzgerald restated an “overweight” rating and issued a $370.00 target price on shares of Alphabet in a report on Thursday, February 5th. BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Finally, Susquehanna lifted their price target on shares of Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a research report on Thursday, October 30th. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $361.64.

Alphabet Stock Down 1.1%

Shares of Alphabet stock opened at $305.72 on Friday. The stock has a market cap of $3.69 trillion, a PE ratio of 28.28, a price-to-earnings-growth ratio of 1.79 and a beta of 1.09. The business has a fifty day simple moving average of $321.19 and a 200 day simple moving average of $274.95. 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 12 month low of $140.53 and a 12 month high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Research analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be given a $0.21 dividend. 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%.

Insiders Place Their Bets

In other news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the sale, the insider directly owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This trade represents a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction on Monday, November 17th. The stock was sold at an average price of $288.26, for a total transaction of $800,786.28. Following the transaction, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. This trade represents a 19.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,067,086 shares of company stock worth $105,184,255 in the last three months. 11.64% of the stock is owned by corporate insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and AI/cloud growth — Alphabet exceeded EPS and revenue expectations, Cloud revenue jumped ~48% and backlog expanded materially, supporting longer-term revenue and monetization from AI products. Alphabet’s Pullback: A Second Chance for Long-Term Investors?
• Positive Sentiment: Analyst optimism — Several firms raised price targets on GOOGL (noted lifts to $375 and $380), reflecting continued confidence in growth and upside vs. the recent pullback. Price Target Raised to $375 Price Target Raised to $380
• Positive Sentiment: Waymo expansion — Waymo is deploying next‑gen Ojai robotaxis and using gig workers for door-closing operations, signaling commercial progress in autonomous mobility (long-term revenue optionality). Waymo begins deploying next-gen Ojai robotaxis
• Neutral Sentiment: Strong bond demand—but guardrails questioned — Alphabet’s recent global bond sale drew very strong demand (underscoring investor confidence), while commentary noted limited contractual protections for bondholders on a long‑dated issuance. This is liquidity/market-confidence positive but raises structural concerns for fixed‑income holders. Alphabet bonds’ lack of guardrails highlights investor confidence
• Neutral Sentiment: Century‑bond debate — Heavy demand for a 100‑year sterling bond signals long-duration appetite (positive for funding flexibility) but prompts caution about untested long‑dated issuance. Why Alphabet’s 100-year sterling bond is raising new fears Bond investors are betting on another 100 years of Google
• Neutral Sentiment: Short‑interest data appears unreliable — Reports show sudden increases but list zero shares and NaN changes (likely a data glitch); not a confirmed signal of rising short pressure. (internal short‑interest entries)
• Negative Sentiment: EU antitrust probe into search ad auctions — European regulators are investigating Google’s ad-auction practices and pricing, which could lead to fines, operational constraints in Europe, or forced changes to ad platform mechanics. Google targeted by EU over its search advertising auction practices Google hit by fresh EU antitrust probe
• Negative Sentiment: CapEx and AI arms‑race fears — Alphabet’s large 2026 CapEx outlook (~$175–185B) and the broader AI infrastructure spend among hyperscalers have raised investor concern about free‑cash‑flow strain and near‑term margin/return pressures; that theme contributed to short‑term selling after earnings. Alphabet Drops 7% Post Q4 Earnings Mag 7 AI Arms Race: Heavy CapEx, FCF Strain
• Negative Sentiment: Broader tech weakness — Coverage notes that several mega‑cap tech names have softened (Magnificent Seven pressure), which amplifies selloffs in high‑multiple names like GOOGL even when fundamentals remain strong. Amazon Joins Microsoft in Bear Market

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.