Krane Funds Advisors LLC Sells 2,231 Shares of Alphabet Inc. $GOOG

Krane Funds Advisors LLC decreased its stake in Alphabet Inc. (NASDAQ:GOOG) by 53.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,906 shares of the information services provider’s stock after selling 2,231 shares during the quarter. Krane Funds Advisors LLC’s holdings in Alphabet were worth $481,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of GOOG. University of Illinois Foundation acquired a new stake in shares of Alphabet during the 2nd quarter worth about $31,000. Manning & Napier Advisors LLC acquired a new position in Alphabet in the third quarter valued at about $32,000. Horrell Capital Management Inc. grew its stake in Alphabet by 100.0% during the second quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock worth $35,000 after buying an additional 100 shares during the last quarter. Tripletail Wealth Management LLC acquired a new stake in shares of Alphabet during the third quarter worth approximately $40,000. Finally, Decker Retirement Planning Inc. raised its stake in shares of Alphabet by 60.9% in the second quarter. Decker Retirement Planning Inc. now owns 251 shares of the information services provider’s stock valued at $45,000 after acquiring an additional 95 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction on Friday, February 13th. The shares were sold at an average price of $306.73, for a total transaction of $184,038.00. Following the transaction, the director directly owned 20,624 shares of the company’s stock, valued at $6,325,999.52. This trade represents a 2.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Amie Thuener O’toole sold 933 shares of Alphabet stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total transaction of $314,001.15. Following the transaction, the chief accounting officer directly owned 9,916 shares in the company, valued at approximately $3,337,229.80. This represents a 8.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,112,482 shares of company stock worth $119,145,289 over the last ninety days. Company insiders own 12.99% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large AI-infrastructure customer win — Meta has agreed to rent Google’s Tensor Processing Units for model training, a multibillion‑dollar deal that directly supports Google Cloud & TPU revenue and validates Google’s chip strategy. Google signs multibillion-dollar AI chip deal with Meta, Information reports
• Positive Sentiment: Product momentum in generative AI — Google launched Nano Banana 2, an upgraded, faster image‑generation model that improves UX in Gemini/Search and can increase user engagement across Google properties. Google rolls out Nano Banana 2 after viral success of AI image generation tool
• Positive Sentiment: Cloud/AI fundamentals remain strong — analyst commentary highlights accelerating Google Cloud revenue and AI demand (large backlog cited), reinforcing the growth narrative that underpins long‑term earnings. AI Push Provides a Boost to GOOGL’s Cloud Business: More Upside Ahead?
• Positive Sentiment: Analyst support — Wells Fargo recently upgraded Alphabet, which can help sentiment and provide buying interest amid pullbacks. Wells Fargo upgrades Alphabet (GOOG)
• Neutral Sentiment: Robotics and AV consolidation — Alphabet folded robotics software unit Intrinsic into Google and is expanding Waymo testing (Chicago/Charlotte); strategic for long‑term diversification but limited near‑term revenue impact. Alphabet-owned robotics software company Intrinsic joins Google
• Neutral Sentiment: Mixed analyst/market takes — coverage pieces compare Alphabet to other AI/cloud players; useful for framing valuation debates but not an immediate catalyst. Must-Track Streaming Stocks in the Evolving Media Landscape
• Negative Sentiment: CapEx and margin worries — market commentary and forum summaries point to investor anxiety over very large AI infrastructure spending (prior guidance and projected 2026 capex), which can pressure margins and drove earlier after‑hours weakness. Alphabet Stock (GOOG) Opinions on Q4 Earnings and Capex Guidance
• Negative Sentiment: Hidden/long‑term infrastructure obligations — a Moody’s‑cited report highlights large off‑balance‑sheet data‑center lease commitments across hyperscalers, underscoring potential future costs and financing risks. Hidden AI Costs? Big Tech Hyperscalers Hold $662 Billion In Off-Balance-Sheet Data Center Leases: Report
• Negative Sentiment: Positioning changes and selling — some funds have trimmed GOOGL stakes and there are reports of insider/manager selling that can add downward pressure in a pullback. MIG Capital Cuts Alphabet Inc. Class C Stake

Wall Street Analyst Weigh In

A number of research firms recently weighed in on GOOG. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $370.00 price objective on shares of Alphabet in a research report on Tuesday, January 20th. Barclays raised their target price on Alphabet from $250.00 to $315.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. HSBC reiterated a “buy” rating and set a $335.00 price target on shares of Alphabet in a research report on Thursday, October 30th. Cantor Fitzgerald restated a “neutral” rating on shares of Alphabet in a research report on Tuesday, January 20th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $420.00 target price (up from $400.00) on shares of Alphabet in a research note on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Alphabet presently has an average rating of “Buy” and a consensus target price of $343.90.

Alphabet Stock Performance

GOOG stock opened at $307.15 on Friday. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market cap of $3.72 trillion, a P/E ratio of 28.41, a price-to-earnings-growth ratio of 1.84 and a beta of 1.10. The business’s fifty day moving average is $321.43 and its 200-day moving average is $282.05.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. During the same period in the previous year, the firm earned $2.15 earnings per share. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. Equities research analysts forecast that Alphabet Inc. will post 8.89 EPS for the current 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 paid a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.

Alphabet Company 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.