J. L. Bainbridge & Co. Inc. Trims Holdings in Alphabet Inc. $GOOG

J. L. Bainbridge & Co. Inc. lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 206,806 shares of the information services provider’s stock after selling 6,171 shares during the quarter. Alphabet accounts for about 5.2% of J. L. Bainbridge & Co. Inc.’s investment portfolio, making the stock its 6th biggest holding. J. L. Bainbridge & Co. Inc.’s holdings in Alphabet were worth $64,896,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Avaii Wealth Management LLC boosted its position in shares of Alphabet by 2.3% during the fourth quarter. Avaii Wealth Management LLC now owns 1,437 shares of the information services provider’s stock worth $451,000 after purchasing an additional 32 shares in the last quarter. Accelerate Investment Advisors LLC increased its position in shares of Alphabet by 1.1% in the 4th quarter. Accelerate Investment Advisors LLC now owns 3,166 shares of the information services provider’s stock valued at $993,000 after buying an additional 34 shares in the last quarter. Morse Asset Management Inc raised its stake in Alphabet by 3.3% during the 3rd quarter. Morse Asset Management Inc now owns 1,093 shares of the information services provider’s stock worth $266,000 after buying an additional 35 shares during the period. Robinson Smith Wealth Advisors LLC raised its stake 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 buying an additional 36 shares during the period. Finally, Searle & CO. lifted its holdings in Alphabet by 0.6% during the third quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock worth $1,389,000 after acquiring an additional 36 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on GOOG. Raymond James Financial raised Alphabet from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $315.00 to $400.00 in a research note on Thursday, January 22nd. BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Wedbush reiterated an “outperform” rating and set a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Canaccord Genuity Group boosted their price objective on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Finally, Piper Sandler reissued an “overweight” rating and set a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $345.71.

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the sale, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,092,234 shares of company stock worth $112,487,971 in the last 90 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: Google introduced Veo 3.1 Lite, a lower‑cost video AI model (same speed as Veo 3.1 Fast but at roughly half the cost) — this can broaden developer adoption, increase Google Cloud inference volume and improve monetization of AI services. Article Title
• Positive Sentiment: Alphabet rolled out Lyria 3 Pro for longer AI‑generated music tracks (up to 3 minutes), expanding its creative AI product stack and potential content‑creation revenue/use cases. Article Title
• Positive Sentiment: Wall Street remains constructive on Alphabet’s AI/cloud opportunity: analysts highlight strong cloud growth, big backlog and high price targets — supportive background for multiple‑quarter upside. Article Title
• Neutral Sentiment: Google researchers published a paper showing quantum computers may reduce resources needed to break ECDLP‑256 (bitcoin encryption) by ~20x — underscores Google’s R&D leadership but has limited direct revenue impact for Alphabet. Article Title
• Neutral Sentiment: GOOG’s weight in major ETFs (QQQ, VTI, VOO) means passive/ETF flows amplify moves — gains in broader tech/AI names helped bid the stock. Article Title
• Negative Sentiment: Legal/regulatory headlines remain a drag: coverage of a social‑media addiction verdict and related lawsuits has created headline risk and prompted caution among some investors (appeals expected). Article Title Article Title
• Negative Sentiment: Publishers reported traffic/margin pressure from Google search changes (e.g., Future Plc margin warning), highlighting potential downstream ad‑revenue and partnership frictions. Article Title
• Negative Sentiment: Regulatory scrutiny continues globally (e.g., Indonesian summons over child social media curbs), a reminder of policy risks that can create episodic volatility. Article Title

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $286.71 on Wednesday. The company has a fifty day moving average price of $311.08 and a 200 day moving average price of $296.33. The firm has a market cap of $3.47 trillion, a PE ratio of 26.52, a PEG ratio of 1.60 and a beta of 1.10. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $350.15.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, February 5th. 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 firm 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%.The company’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter last year, the business posted $2.15 EPS. Research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

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.