Public Sector Pension Investment Board Has $123.72 Million Stock Holdings in Alphabet Inc. $GOOG

Public Sector Pension Investment Board boosted its stake in Alphabet Inc. (NASDAQ:GOOG) by 14.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 507,984 shares of the information services provider’s stock after buying an additional 64,275 shares during the period. Public Sector Pension Investment Board’s holdings in Alphabet were worth $123,720,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in shares of Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after acquiring an additional 6,410 shares in the last quarter. Ignite Planners LLC boosted its holdings in Alphabet by 1.0% in the 2nd quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock valued at $2,697,000 after purchasing an additional 144 shares during the period. Sequoia Financial Advisors LLC grew its position in shares of Alphabet by 7.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider’s stock worth $105,540,000 after purchasing an additional 41,132 shares in the last quarter. Evernest Financial Advisors LLC increased its holdings in shares of Alphabet by 3.6% during the second quarter. Evernest Financial Advisors LLC now owns 10,227 shares of the information services provider’s stock worth $1,814,000 after purchasing an additional 357 shares during the period. Finally, Creekside Partners raised its position in shares of Alphabet by 9.7% in the second quarter. Creekside Partners now owns 3,186 shares of the information services provider’s stock valued at $565,000 after buying an additional 283 shares in the last quarter. 27.26% of the stock is owned by institutional investors.

Alphabet Stock Down 1.1%

GOOG stock opened at $306.02 on Tuesday. The firm has a 50-day moving average price of $321.71 and a 200-day moving average price of $276.93. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $3.70 trillion, a P/E ratio of 28.31, a price-to-earnings-growth ratio of 1.80 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm’s revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.15 EPS. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business 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. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.

Insider Transactions at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was 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 directly owned 2,244,372 shares of the company’s stock, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,064,308 shares of company stock valued at $104,383,469 over the last quarter. 12.99% of the stock is currently owned by insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud strength and AI adoption: Cloud revenue surged ~48% y/y, Gemini usage and API adoption are scaling rapidly and enterprise backlog expanded sharply—this supports longer‑term growth expectations. Google Cloud Revenue Just Surged 48%
• Positive Sentiment: Analyst upgrades and higher price targets: Several firms (Piper Sandler, KeyBanc and others) raised price targets after Q4 results, providing a cushion for the shares despite recent weakness. Piper Sandler and KeyBanc Raise Alphabet Price Targets
• Neutral Sentiment: AI summit visibility: CEO Sundar Pichai (and other industry leaders) attending a high‑profile AI summit in India raises Alphabet’s strategic profile in a key market but is more of a long‑term positive than an immediate price driver. India hosts global AI summit
• Neutral Sentiment: Options/contrarian flows: Some market commentary flags muted institutional urgency and suggests option strategies and contrarian buyers may be active around the pullback. This can limit downside but won’t move fundamentals immediately. Calm Waters for Alphabet Stock Present a Tempting Options Trade
• Negative Sentiment: Huge 2026 CapEx guidance and financing worries: Management signaled $175–185B in 2026 capex to build AI compute; investors fear lower free cash flow and additional debt issuance to fund spending. That guidance (and talk of tapping debt markets) is a primary reason for near‑term selling. Alphabet Stock Opinions on Q4 Earnings and AI Capex Surge
• Negative Sentiment: Insider and institutional selling: Recent filings and fund rebalances show notable insider sales and some large institutional trims, which increases short‑term selling pressure and investor caution. Altarock Partners Cuts Alphabet Stake
• Negative Sentiment: Retail sentiment/near‑term price action: Social discussions and short‑term technical selling (and a recent analyst note citing a $348 target after a February dip) have amplified momentum to the downside in the short term. Analysts Set $348 Target for Google After February Dip

Analyst Ratings Changes

GOOG has been the topic of a number of analyst reports. TD Cowen reissued a “buy” rating and set a $365.00 price target (up previously from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. Royal Bank Of Canada restated an “outperform” rating and issued a $375.00 price target on shares of Alphabet in a research report on Thursday, January 15th. Loop Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. Scotiabank reiterated an “outperform” rating and set a $400.00 price objective (up from $375.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, BNP Paribas Exane assumed coverage on shares of Alphabet in a research report on Monday, November 24th. They issued an “outperform” rating for the company. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Alphabet presently has a consensus rating of “Buy” and an average target price of $343.90.

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.