Alphabet Inc. $GOOG is Patriot Financial Group Insurance Agency LLC's 5th Largest Position

Key Points

• Patriot Financial Group Insurance Agency LLC increased its stake in Alphabet by 28.5% in Q4 to 46,323 shares, making Alphabet its 5th-largest holding at about $14.54 million (≈1.7% of the firm's portfolio).
• Alphabet confirmed a planned commitment of up to $40 billion to AI startup Anthropic ($10B invested now, up to $30B contingent), a move seen as bullish for Google Cloud, TPU demand and analyst price targets, though the additional funding depends on milestone execution.
• Large institutions continue to add position—JPMorgan holds ~99.53M shares and hedge funds/institutions own 27.26%—while insiders have sold ~2.04M shares (~$94.2M) in the past three months, reflecting strong institutional support alongside notable insider liquidation.

Patriot Financial Group Insurance Agency LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 28.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,323 shares of the information services provider's stock after purchasing an additional 10,278 shares during the period. Alphabet accounts for about 1.7% of Patriot Financial Group Insurance Agency LLC's investment portfolio, making the stock its 5th biggest holding. Patriot Financial Group Insurance Agency LLC's holdings in Alphabet were worth $14,536,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in shares of Alphabet by 8.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock worth $24,240,469,000 after purchasing an additional 7,904,434 shares during the period. Alliancebernstein L.P. lifted its position in Alphabet by 5.8% during the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock valued at $9,749,864,000 after acquiring an additional 2,209,203 shares during the period. Legal & General Group Plc lifted its position in Alphabet by 0.7% during the 3rd quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider's stock valued at $7,935,671,000 after acquiring an additional 223,743 shares during the period. Capital World Investors lifted its position in Alphabet by 1.9% during the 3rd quarter. Capital World Investors now owns 28,625,464 shares of the information services provider's stock valued at $6,971,769,000 after acquiring an additional 539,679 shares during the period. Finally, Invesco Ltd. lifted its position in Alphabet by 3.6% during the 3rd quarter. Invesco Ltd. now owns 21,531,348 shares of the information services provider's stock valued at $5,243,960,000 after acquiring an additional 756,602 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google confirmed a planned up to $40 billion commitment to AI startup Anthropic — $10B invested now and up to $30B contingent on performance — signaling a deep strategic partnership that should drive Google Cloud revenue, TPU demand and long‑term AI market share. PYMNTS: Google Doubles Down on Anthropic
• Positive Sentiment: Market and media reaction pushed GOOGL coverage higher today: outlets and traders flagged the deal as bullish for Google Cloud, TPU sales and infrastructure partners, contributing to the stock uptick. Blockonomi: Stock Climbs on $40B Anthropic Partnership
• Positive Sentiment: Alphabet’s recent fundamentals and AI product momentum (Gemini, TPU launches, Cloud partnerships) give investors confidence the Anthropic deal can translate into higher monetization and ad/search engagement — analysts have raised targets and reiterated buys ahead of Q1 earnings. ProactiveInvestors: Buy Rating Ahead of Q1
• Neutral Sentiment: The additional $30B is contingent on milestones — positive if targets are met, but it spreads the cash out over time and ties part of the commitment to execution risk and market conditions. TechCrunch: Google to Invest Up to $40B in Anthropic
• Neutral Sentiment: Global AI competition is intensifying (including from Chinese players) — this validates demand but keeps pricing and product dynamics uncertain. Yahoo Finance: China’s DeepSeek Preview
• Negative Sentiment: Regulatory risk: the EU is pressing Google to give AI rivals access to Android features — any mandated access could weaken parts of Google’s mobile moat and limit competitive advantage for Gemini on Android. PYMNTS: EU Pressure on Android Access
• Negative Sentiment: Scale of AI spending and infrastructure roll‑outs raises CapEx and free‑cash‑flow pressure; investors should watch upcoming Q1 results and FCF guidance for signs the investments are converting into profitable growth. Seeking Alpha: Q1 Preview — CapEx Risks

Insiders Place Their Bets

In other Alphabet news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares of the company's stock, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amie Thuener O'toole sold 955 shares of Alphabet stock in a transaction dated Tuesday, March 3rd. The stock was 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 $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,037,294 shares of company stock valued at $94,216,897. 12.99% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Weiss Ratings reissued a "buy (b)" rating on shares of Alphabet in a research report on Monday, April 20th. UBS Group reissued a "neutral" rating and set a $348.00 price target (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Pivotal Research reissued a "buy" rating and set a $420.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Cantor Fitzgerald reissued a "neutral" rating on shares of Alphabet in a research report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Alphabet from $385.00 to $395.00 and gave the company an "overweight" rating in a research report on Thursday, February 5th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $351.73.

Alphabet Price Performance

Shares of Alphabet stock opened at $342.32 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market capitalization of $4.14 trillion, a PE ratio of 31.67, a price-to-earnings-growth ratio of 2.12 and a beta of 1.13. Alphabet Inc. has a 52-week low of $149.49 and a 52-week high of $350.15. The company has a 50-day simple moving average of $308.26 and a two-hundred day simple moving average of $305.44.

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, topping the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business's revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.15 earnings per share. On average, analysts anticipate that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.2%. Alphabet's payout ratio is 7.77%.

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.

Want to see what other hedge funds are holding GOOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.