Alphabet Inc. $GOOG is Asset Management One Co. Ltd.'s 8th Largest Position

Key Points

• Asset Management One raised its stake in Alphabet by 2.4% to 2,302,328 shares, making GOOG its 8th-largest position and representing 2.0% of the fund's portfolio (worth about $723.8 million).
• Alphabet posted a quarterly earnings beat—EPS $2.82 vs. $2.59 and revenue $113.83B vs. $111.24B, with revenue up 18% YoY—and analysts remain broadly positive, giving the stock a consensus "Buy" and an average target near $351.73.
• Positive catalysts include DoD adoption of Google’s Gemini for Government and reports of a large Anthropic-related investment boosting AI/cloud outlook, while risks include EU regulatory pressure on Android/AI access and notable insider/institutional selling that could add downside pressure.

Asset Management One Co. Ltd. raised its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,302,328 shares of the information services provider's stock after acquiring an additional 54,831 shares during the period. Alphabet makes up 2.0% of Asset Management One Co. Ltd.'s investment portfolio, making the stock its 8th biggest holding. Asset Management One Co. Ltd.'s holdings in Alphabet were worth $723,762,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOOG. Imprint Wealth LLC purchased a new stake in Alphabet during the 3rd quarter valued at approximately $31,000. Manning & Napier Advisors LLC purchased a new stake in Alphabet during the 3rd quarter valued at approximately $32,000. Tripletail Wealth Management LLC purchased a new stake in Alphabet during the 3rd quarter valued at approximately $40,000. Towne Trust Company N.A raised its stake in Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock valued at $42,000 after acquiring an additional 34 shares during the last quarter. Finally, Lynch Asset Management Inc. purchased a new stake in Alphabet during the 3rd quarter valued at approximately $61,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Performance

GOOG opened at $348.52 on Tuesday. The stock has a market cap of $4.22 trillion, a P/E ratio of 32.24, a P/E/G ratio of 2.12 and a beta of 1.13. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The stock's 50 day simple moving average is $309.11 and its 200 day simple moving average is $306.19. Alphabet Inc. has a 1-year low of $149.49 and a 1-year high of $350.90.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts' consensus estimates of $2.59 by $0.23. The business had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company's revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.15 EPS. As a group, equities analysts anticipate that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: U.S. Department of Defense added Google’s Gemini for Government models to its secure GenAI.mil platform, a commercial validation that can boost cloud and AI contract momentum for Google Cloud. Benzinga: What's Behind The Boost In Alphabet Stock Today?
• Positive Sentiment: Reports of a large strategic investment/commitment tied to Anthropic (reported as up to $40B) and ongoing cloud commitments have fueled optimism that Alphabet is doubling down on generative-AI partnerships and cloud demand. Blockonomi: Alphabet Surges on $40B Anthropic Investment
• Positive Sentiment: CFRA and other commentators name Alphabet among the best positioned in the “Mag 7” earnings slate because of AI/search strength and cloud tailwinds—supporting a bullish near-term view into earnings. YouTube: Angelo Zino Preview
• Neutral Sentiment: Analysts and previews expect robust Q1 top-line growth (consensus ~ $107B) with AI and Cloud driving upside, but note the report is a potential catalyst that could swing the stock either way. Seeking Alpha: All-Time Highs May Be Ahead
• Neutral Sentiment: New regional investments—Google and South Korea agreed to build an AI campus in Seoul—strengthen international AI R&D ties and talent pipelines but are longer‑term positives. Reuters: Google to build AI campus in South Korea
• Negative Sentiment: EU regulators are pressing Google to open Android and certain services to AI rivals—followed by guidance on access to Gemini-like services—which raises regulatory compliance costs and potential product changes. TechXplore: EU tells Google to open Android to AI rivals
• Negative Sentiment: Analysts and some research warn that rising depreciation and AI-related investments could pressure Q1 EPS and margins in the near term, creating downside risk if earnings miss expectations. Seeking Alpha: Depreciation Pressuring EPS
• Negative Sentiment: Large insider selling and a notable institutional reduction (PROVIDENT TRUST CO reduced GOOG/GOOGL positions) are red flags for some investors and add selling pressure ahead of earnings. Quiver Quant: Insider & Fund Activity

Analyst Upgrades and Downgrades

GOOG has been the subject of several analyst reports. Raymond James Financial raised Alphabet from an "outperform" rating to a "strong-buy" rating and upped their price objective for the company from $315.00 to $400.00 in a research note on Thursday, January 22nd. Needham & Company LLC set a $400.00 price objective on Alphabet and gave the company a "buy" rating in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $370.00 target price on shares of Alphabet in a research note on Tuesday, January 20th. Canaccord Genuity Group increased their target price on Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a research note on Wednesday, January 7th. Finally, Oppenheimer reissued an "outperform" rating and set a $360.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Seven analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, Alphabet currently has a consensus rating of "Buy" and an average target price of $351.73.

Insiders Place Their Bets

In related news, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer owned 1,642,060 shares in the company, valued at $505,573,853.40. This represents a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O'toole sold 617 shares of the company's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the completion of the sale, the chief accounting officer owned 10,093 shares in the company, valued at approximately $2,923,235.59. This represents a 5.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 2,037,294 shares of company stock worth $94,216,897. 12.99% of the stock is owned by insiders.

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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