Alphabet Inc. $GOOG is Tritonpoint Wealth LLC's 3rd Largest Position

Key Points

• Tritonpoint lowered its stake in Alphabet (GOOG) by 3.4% in Q4 to 133,814 shares (worth $41.99M), representing about 4.3% of the fund's portfolio and making it Tritonpoint's third-largest holding.
• Alphabet beat Q4 expectations with $2.82 EPS vs. $2.59 est. and $113.8B revenue (+18% YoY), and the company is supported by strong Google Cloud momentum and multi‑year AI infrastructure deals with Intel/Broadcom/Anthropic.
• Insiders sold roughly 2.07M shares (~$104.7M) in the last three months, institutional ownership is about 27.3%, and analysts generally rate the stock a "Buy" (consensus target ~$345.71) despite some valuation and near‑term margin concerns.

Tritonpoint Wealth LLC lowered its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 133,814 shares of the information services provider's stock after selling 4,691 shares during the quarter. Alphabet makes up approximately 4.3% of Tritonpoint Wealth LLC's portfolio, making the stock its 3rd biggest position. Tritonpoint Wealth LLC's holdings in Alphabet were worth $41,991,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GOOG. JPMorgan Chase & Co. lifted its stake in Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock valued at $24,240,469,000 after buying an additional 7,904,434 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in Alphabet by 73.5% in the third quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider's stock valued at $2,388,775,000 after buying an additional 4,154,929 shares during the last quarter. Danske Bank A S purchased a new stake in Alphabet in the third quarter valued at approximately $678,198,000. Holocene Advisors LP purchased a new stake in shares of Alphabet during the second quarter worth approximately $455,745,000. Finally, Alliancebernstein L.P. raised its stake in shares of Alphabet by 5.8% during the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock worth $9,749,864,000 after purchasing an additional 2,209,203 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company's stock.

Alphabet Trading Up 0.5%

Shares of GOOG stock opened at $316.37 on Friday. The business's fifty day moving average price is $306.78 and its 200 day moving average price is $298.16. Alphabet Inc. has a 1-year low of $148.40 and a 1-year high of $350.15. The firm has a market capitalization of $3.83 trillion, a PE ratio of 29.27, a P/E/G ratio of 1.95 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.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $113.83 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.15 earnings per share. As a group, sell-side analysts forecast that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

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 0.3%. Alphabet's dividend payout ratio is 7.77%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on GOOG shares. DZ Bank upgraded Alphabet to a "strong-buy" rating in a research note on Monday, February 16th. Jefferies Financial Group restated a "buy" rating and set a $365.00 price target on shares of Alphabet in a research note on Monday, January 5th. BMO Capital Markets restated an "outperform" rating and set a $400.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Scotiabank restated an "outperform" rating and set a $400.00 price target (up from $375.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research note on Wednesday, January 21st. Nine equities 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 company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $345.71.

Insider Buying and Selling

In other Alphabet news, CAO Amie Thuener O'toole sold 617 shares of the company's stock in a transaction 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 sale, the chief accounting officer owned 10,093 shares of the company's stock, valued at approximately $2,923,235.59. This represents a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Kent Walker sold 8,993 shares of the company's stock in a transaction on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the sale, the insider directly owned 51,808 shares in the company, valued at $14,293,309.12. This trade represents a 14.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,069,344 shares of company stock valued at $104,708,426 in the last three months. 12.99% of the stock is owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Expanded AI infrastructure partnerships — Google deepened multi-year deals with Intel (and broader TPU/partner deals with Broadcom/Anthropic), locking in multi‑generation chips and networking supply for its AI data centers, which supports Google Cloud capacity, cost control and enterprise AI revenue. Google and Intel deepen AI infrastructure partnership
• Positive Sentiment: Broadcom/Broad AI supply visibility — reports show renewed long‑term TPU/networking agreements tying Broadcom to Google and Anthropic, reinforcing Alphabet’s access to custom AI compute and signaling durable infrastructure demand. Broadcom Locks in Multi-Year AI Wins With Google and Anthropic
• Positive Sentiment: Google Cloud momentum — multiple writeups highlight ~50% cloud growth, a $240B cloud backlog and stronger monetization via Gemini/TPUs, underscoring a durable, high‑margin growth engine for Alphabet. Forget Google Search: This Business Is Alphabet's Real Growth Story
• Positive Sentiment: Product and commercialization wins — new privacy/cookie protection features and consumer AI rollouts (Google Finance overhaul, Waymo geographic expansion, Wing drone moves) keep multiple monetization levers active for ads, cloud and emerging businesses. Google Stock (GOOGL) Is Soaring. It’s Taking Cookies Seriously Again
• Neutral Sentiment: Analyst activity is mixed — some firms (e.g., William O’Neil) reinstated Buy coverage highlighting long‑term optionality (Waymo, AI), while other market notes simply group GOOGL among Magnificent Seven buy opportunities tied to broader rotation. William O’Neil Reinstates Alphabet With a Buy
• Negative Sentiment: Valuation and margin concerns — some analysts rate Alphabet as a Hold, arguing the stock already prices near‑perfect execution (forward PEG elevated vs. peers) and noting near‑term margin compression risks despite strong fundamentals. Alphabet Stock Defies AI's Gravity
• Negative Sentiment: Portfolio rebalancing / sales — reports of funds trimming or selling (e.g., TCW fund) over valuation criteria show pockets of supply that could pressure near‑term trading despite the positive newsflow. TCW Fund Sold Alphabet After Meeting Valuation Characteristics

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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