MassMutual Private Wealth & Trust FSB decreased its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 232,756 shares of the information services provider’s stock after selling 13,934 shares during the period. Alphabet comprises 1.9% of MassMutual Private Wealth & Trust FSB’s portfolio, making the stock its 10th largest holding. MassMutual Private Wealth & Trust FSB’s holdings in Alphabet were worth $73,039,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Morse Asset Management Inc boosted its holdings in Alphabet by 3.3% in the 3rd quarter. Morse Asset Management Inc now owns 1,093 shares of the information services provider’s stock valued at $266,000 after purchasing an additional 35 shares in the last quarter. Robinson Smith Wealth Advisors LLC increased its position in Alphabet by 1.8% during the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock worth $504,000 after purchasing an additional 36 shares during the period. Searle & CO. raised its stake in shares of Alphabet by 0.6% during the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock worth $1,389,000 after buying an additional 36 shares in the last quarter. Navellier & Associates Inc. lifted its holdings in shares of Alphabet by 0.6% in the 3rd quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock valued at $1,424,000 after buying an additional 36 shares during the period. Finally, BankPlus Wealth Management LLC lifted its holdings in shares of Alphabet by 1.2% in the 3rd quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock valued at $766,000 after buying an additional 37 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares of the company’s stock, valued at approximately $505,573,853.40. This represents a 1.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director owned 4,631 shares of the company’s stock, valued at $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,110,165 shares of company stock worth $118,134,117. 12.99% of the stock is owned by company insiders.
Alphabet Stock Performance
Alphabet (NASDAQ:GOOG – Get Free Report) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.Alphabet’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.15 earnings per share. Sell-side analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.
Alphabet Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 7.77%.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet’s Wing plans to begin consumer drone deliveries in the San Francisco Bay Area in the coming months — a commercial expansion into a major metro that signals progress toward scalable, revenue‑generating drone logistics. Alphabet’s Wing to start drone delivery in San Francisco Bay Area
- Positive Sentiment: Alphabet is testing drones in dense urban settings, showing technological and regulatory advances that could accelerate commercialization of aerial services and new monetization channels beyond search and cloud. Alphabet’s Drone Push Enters Dense Urban Test
- Positive Sentiment: Investor commentary and social chatter highlight Alphabet’s recent earnings beat, accelerating AI monetization and a large Google Cloud backlog — factors underpinning medium/long‑term revenue and margin upside. Alphabet Stock (GOOG) Opinions on Earnings Release
- Positive Sentiment: Analyst and forecast pieces continue to push bullish return scenarios (high‑mid‑teens to ~40% 12‑month upside cited), reflecting confidence in Search growth, AI product monetization and cloud adoption. Alphabet Stock Forecast: Can GOOGL Deliver Nearly 40% Gains in 12 Months?
- Neutral Sentiment: Google’s president warned at CERAWeek that U.S. electricity supply may not be scaling fast enough for AI data‑center demand — a reminder that Alphabet’s AI growth depends on expensive infrastructure and broader energy policy. CERAWEEK US needs more energy development to power AI, Google president says
- Neutral Sentiment: Market‑wide moves in the S&P 500 are supporting Big Tech; Alphabet is one of the contributors to the index’s gains today, which is providing a tailwind but not a company‑specific catalyst. SPY is up 1.2% today, on PLTR stock price movement
- Negative Sentiment: A high‑profile jury trial over alleged addiction harm tied to Meta and Google is struggling to reach consensus — an unresolved verdict raises litigation and reputational risk that could lead to retrials or larger regulatory scrutiny. Jury in landmark Meta, Google addiction trial having difficulty coming to consensus
- Negative Sentiment: EU “gatekeeper” designation push for smart TVs and virtual assistants resurfaced, highlighting potential regulatory constraints and product‑level compliance costs across Europe. Market Chatter: Google, Amazon, Apple Face EU ‘Gatekeeper’ Designation Push Over Smart TVs, Virtual Assistants
Analysts Set New Price Targets
A number of research analysts recently weighed in on GOOG shares. JPMorgan Chase & Co. upped their price objective on Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Pivotal Research reissued a “buy” rating and issued a $420.00 target price (up from $400.00) on shares of Alphabet in a report on Thursday, February 5th. Wedbush restated an “outperform” rating and set a $370.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Finally, Cantor Fitzgerald reiterated a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $345.71.
Check Out Our Latest Stock Analysis on Alphabet
About Alphabet
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.
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