Alphabet Inc. $GOOG is Lakehouse Capital Pty Ltd's 7th Largest Position

Key Points

• Lakehouse Capital cut its Alphabet stake by 32.1%, selling 27,112 shares and leaving 57,443 shares worth $13.99 million, with Alphabet representing 8.5% of the firm's portfolio and its 7th largest holding.
• Analysts are broadly positive—nine Strong Buy, 29 Buy and three Hold—with a consensus price target of $345.71, and Alphabet recently beat quarterly estimates with EPS $2.82 (vs. $2.59) and revenue of $113.83 billion, up 18% year‑over‑year.

Lakehouse Capital Pty Ltd cut its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 32.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,443 shares of the information services provider's stock after selling 27,112 shares during the period. Alphabet accounts for 8.5% of Lakehouse Capital Pty Ltd's portfolio, making the stock its 7th largest holding. Lakehouse Capital Pty Ltd's holdings in Alphabet were worth $13,990,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. University of Illinois Foundation bought a new position in Alphabet in the 2nd quarter worth $31,000. Imprint Wealth LLC bought a new stake in Alphabet during the third quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new stake in Alphabet in the third quarter worth about $32,000. Tripletail Wealth Management LLC purchased a new stake in Alphabet in the third quarter worth about $40,000. Finally, Retirement Wealth Solutions LLC raised its stake in shares of Alphabet by 145.0% in the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider's stock worth $48,000 after buying an additional 116 shares during the period. Institutional investors own 27.26% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on GOOG. Truist Financial set a $350.00 price objective on Alphabet in a research report on Friday, December 5th. Piper Sandler reissued an "overweight" rating and issued a $395.00 target price on shares of Alphabet in a report on Thursday, February 5th. Pivotal Research restated a "buy" rating and set a $420.00 target price (up from $400.00) on shares of Alphabet in a research note on Thursday, February 5th. BNP Paribas Exane started coverage on shares of Alphabet in a report on Monday, November 24th. They set an "outperform" rating on the stock. Finally, Oppenheimer reiterated an "outperform" rating and issued a $360.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $345.71.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: MoffettNathanson reiterated a Buy rating and kept a $350 price target, citing robust YouTube monetization and positioning Alphabet as a top media/ad franchise—this typically supports investor confidence in revenue upside. MoffettNathanson Buy Rating
• Positive Sentiment: Alphabet paid a cash dividend ($0.21/share on March 16), signaling shareholder-friendly capital allocation and returning cash to investors—a direct positive for yield-seeking holders. Dividend Payout
• Positive Sentiment: Coverage highlighting Alphabet’s massive multi‑year investments (reported at ~$346B) is being framed as driving durable growth and scale benefits to the bottom line—supportive for long-term earnings expectations. $346B Investment Boost
• Neutral Sentiment: Reuters reports Google procurement teams in China are in talks to buy liquid cooling systems from Envicool and others—operational detail that may lower data‑center costs or raise supply/geopolitical considerations depending on outcomes. China Cooling Systems Talks
• Neutral Sentiment: Short‑interest data in the aggregated feed shows anomalous zeroes for March (likely a reporting/data issue); no clear signal for increased bearish bets from that metric today.
• Neutral Sentiment: Coverage of quantum computing competition (IBM vs. other players) notes Alphabet’s activity in the space but does not yet alter near‑term revenue—relevant for long‑range R&D narrative but not immediate earnings. Quantum Computing Landscape
• Negative Sentiment: European publishers and tech firms are pressing the EU to speed a probe and potential fine over Google Search self‑preferencing—an escalated regulatory risk that could hit search economics or lead to enforcement costs. EU Antitrust Pressure
• Negative Sentiment: Analyst commentary flags valuation concerns (mid‑20s P/E) and rising capex/margin pressure despite AI-driven growth—this frames upside as dependent on sustained margin recovery and execution. Valuation Concerns

Alphabet Stock Performance

NASDAQ GOOG opened at $309.41 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. The business has a 50-day moving average price of $319.00 and a 200-day moving average price of $292.22. The firm has a market cap of $3.74 trillion, a price-to-earnings ratio of 28.62, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its 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. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter last year, the company earned $2.15 EPS. The firm's quarterly revenue was up 18.0% on a year-over-year basis. As a group, equities research analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a dividend of $0.21 per share. 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 7.77%.

Insider Activity

In related news, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares of the company's stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. 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 Alphabet stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 2,076,615 shares of company stock valued at $107,809,111. Company insiders own 12.99% of the company's stock.

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.

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