Alphabet Inc. $GOOG Position Increased by Ovata Capital Management Ltd

Key Points

• Ovata Capital boosted its stake in Alphabet by 158.3% in Q3 to 9,300 shares valued at about $2.27 million, making GOOG roughly 0.5% of the firm's portfolio and its 26th largest holding.
• Alphabet posted stronger-than-expected Q results (EPS $2.82 vs. $2.59 est., revenue $113.8B, +18% YoY) and declared a quarterly dividend of $0.21/share (0.3% yield).
• Google is pushing into AI and cloud (DeepMind hires, Stitch redesign, Wiz acquisition, Pentagon ties) that support growth and competitive positioning, but analysts warn of valuation and near-term margin pressures and governance scrutiny over executive pay.

Ovata Capital Management Ltd grew its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 158.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,300 shares of the information services provider's stock after buying an additional 5,700 shares during the quarter. Alphabet makes up approximately 0.5% of Ovata Capital Management Ltd's portfolio, making the stock its 26th largest position. Ovata Capital Management Ltd's holdings in Alphabet were worth $2,265,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. State Street Corp boosted its stake in Alphabet by 1.3% in the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider's stock worth $33,511,477,000 after purchasing an additional 2,428,266 shares during the period. JPMorgan Chase & Co. boosted its position in Alphabet by 8.6% during 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 acquiring an additional 7,904,434 shares during the period. Alliancebernstein L.P. grew its stake 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 in the last quarter. Legal & General Group Plc grew its stake 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Alphabet by 2.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 31,503,035 shares of the information services provider's stock valued at $5,588,323,000 after purchasing an additional 695,736 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Jasjeet Sekhon from Bridgewater as chief strategy officer, strengthening DeepMind’s strategic and research bench at a time when top AI talent is a competitive advantage. Bridgewater's chief scientist Sekhon to join Google's DeepMind AI unit
• Positive Sentiment: Google rolled out a redesigned Stitch AI design tool that analysts/publications say can displace incumbents (Adobe, Figma), creating near-term competitive pressure on rivals and reinforcing Google’s product-led push into AI-powered developer/designer workflows. Adobe Stock Drops After Google's Stitch Redesign
• Positive Sentiment: Alphabet’s Wiz acquisition (cloud security) and other cloud investments continue to beef up Google Cloud’s product stack, supporting revenue/corporate sales momentum versus AWS/Azure. GOOGL's Wiz Buyout Expands Cloud Security Portfolio: What's Ahead?
• Positive Sentiment: Reports say Google is expanding ties with the U.S. military and is well positioned to benefit after rivals stumble — a potential source of large, recurring cloud and services contracts. Google Sits Pretty as A.I. Rivals Compete for Pentagon Favor
• Positive Sentiment: Alphabet is in talks to buy liquid-cooling systems from Chinese vendors (Envicool and others) and may acquire a Chinese cooling firm — moves aimed at supporting energy-efficient AI data center scale. This reduces future supply/capacity constraints for AI workloads. Google in talks with China's Envicool, others to buy data centre cooling systems, sources say
• Neutral Sentiment: Google told UK regulators it will let sites opt out of generative-AI features in search, a concession meant to ease competition concerns — reduces regulatory overhang but could limit product scope in the UK. Google to allow AI opt-out to ease UK competition concerns
• Neutral Sentiment: Alphabet paid a small dividend on March 16 ($0.21/share) — a modest cash return that is unlikely to move the stock materially but supports shareholder yield narrative. Google stock just paid dividends; here's how much investors received
• Negative Sentiment: Analysts flag valuation/near-term margin pressure — Alphabet’s elevated P/E and rising capex for AI/data centers keep some investors cautious despite strong growth. Is Alphabet Stock's 25.55X PE Still Worth it? Buy, Sell, or Hold?
• Negative Sentiment: High executive compensation scrutiny after reports of Sundar Pichai’s large pay package could raise governance concerns for some investors. What Sundar Pichai's $692 Million Pay Package Says About Alphabet's Next Chapter

Alphabet Trading Down 1.0%

Shares of NASDAQ GOOG opened at $306.30 on Thursday. The business has a 50 day simple moving average of $318.68 and a 200 day simple moving average of $292.32. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15. The stock has a market cap of $3.71 trillion, a price-to-earnings ratio of 28.33, a PEG ratio of 1.81 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share 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 analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company's revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.15 earnings per share. On average, research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a dividend of $0.21 per share. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio is 7.77%.

Insider Buying and Selling at Alphabet

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the firm's stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares of the company's stock, valued at $720,914,730.12. This represents a 1.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,109,115 shares of company stock worth $117,815,536 over the last quarter. Company insiders own 12.99% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on GOOG. Guggenheim restated a "buy" rating and set a $375.00 price target on shares of Alphabet in a report on Monday, December 1st. DA Davidson set a $300.00 price objective on shares of Alphabet in a research note on Tuesday, November 25th. JPMorgan Chase & Co. increased their target price on shares of Alphabet from $385.00 to $395.00 and gave the stock an "overweight" rating in a research report on Thursday, February 5th. Royal Bank Of Canada reissued an "outperform" rating and set a $375.00 target price on shares of Alphabet in a research note on Thursday, January 15th. Finally, Sanford C. Bernstein restated a "market perform" rating and set a $345.00 price target on shares of Alphabet in a report on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $345.71.

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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