Alphabet Inc. $GOOGL is Hyperion Capital Advisors LP's 2nd Largest Position

Key Points

• Hyperion Capital Advisors LP cut its Alphabet stake by 9.7% in Q3 to 69,440 shares, yet Alphabet still makes up about 9.0% of the fund and is its 2nd largest position (worth ~$16.88M).
• Insider selling has been heavy: executives including CEO Sundar Pichai and John Kent Walker sold shares, with insiders offloading 2,076,615 shares valued at ~$107.8M in the last three months (corporate insiders now own 11.55%).
• Alphabet beat quarterly estimates (EPS $2.82 vs. $2.57; revenue $113.83B vs. $111.24B), announced a $0.21 quarterly dividend (annualized $0.84, ~0.3% yield), and holds a MarketBeat consensus rating of "Moderate Buy" with a $367.18 price target.

Hyperion Capital Advisors LP cut its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 9.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,440 shares of the information services provider's stock after selling 7,477 shares during the quarter. Alphabet makes up about 9.0% of Hyperion Capital Advisors LP's investment portfolio, making the stock its 2nd largest position. Hyperion Capital Advisors LP's holdings in Alphabet were worth $16,881,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of GOOGL. Financial Gravity Companies Inc. bought a new stake in Alphabet in the second quarter worth $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet during the third quarter valued at about $53,000. iSAM Funds UK Ltd purchased a new position in shares of Alphabet in the third quarter worth about $53,000. Corsicana & Co. purchased a new position in shares of Alphabet in the third quarter worth about $54,000. Finally, Vermillion & White Wealth Management Group LLC lifted its stake in shares of Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider's stock valued at $57,000 after acquiring an additional 89 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the transaction, the chief executive officer directly owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the company's stock in a transaction dated 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 sale, the insider directly owned 13,227 shares of the company's stock, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,076,615 shares of company stock valued at $107,809,111. Corporate insiders own 11.55% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on GOOGL. UBS Group set a $348.00 price target on Alphabet and gave the stock a "neutral" rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of Alphabet in a research note on Monday, February 9th. Citizens Jmp reiterated a "market outperform" rating and set a $385.00 price target on shares of Alphabet in a report on Thursday, February 5th. Cantor Fitzgerald reissued an "overweight" rating and issued a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Finally, Guggenheim reaffirmed a "buy" rating and set a $375.00 price objective (up from $330.00) on shares of Alphabet in a research note on Monday, December 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $367.18.

Alphabet Stock Up 1.1%

Shares of GOOGL opened at $305.56 on Tuesday. The stock has a 50 day moving average price of $318.90 and a 200 day moving average price of $291.05. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. 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 $3.70 trillion, a price-to-earnings ratio of 28.27, a PEG ratio of 1.77 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts' consensus estimates of $2.57 by $0.25. 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 analyst estimates of $111.24 billion. Equities research analysts forecast that Alphabet Inc. will post 8.9 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 $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is currently 7.77%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market perception that Alphabet has shifted from being "hunted" to a "hunter" in the AI race — investors interpret this as improved competitive positioning for search, ads and cloud monetization, supporting near‑to‑midterm growth expectations. Alphabet (GOOG) gained from its shift in the AI race from being 'hunted' to being a 'hunter'
• Positive Sentiment: Google closed its ~$32B acquisition of Wiz — strengthens cloud security capabilities and enterprise positioning, which should help diversify revenue and deepen enterprise cloud relationships over time. Wiz investor unpacks Google's $32B acquisition
• Positive Sentiment: Analyst support: Needham reiterated a Buy on GOOGL, which can buoy investor sentiment and act as a near‑term catalyst for buying interest. Alphabet's (GOOGL) Buy Rating Reiterated at Needham & Company LLC
• Neutral Sentiment: Heavy retail/investor attention and trending stock coverage (Zacks) — increased searches can raise volatility and volume, but are not a direct signal of fundamentals. Alphabet Inc. (GOOG) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Reported short‑interest data shows zero reported short shares and a 0.0 days‑to‑cover — likely a reporting anomaly; not meaningful evidence of decreased bearish positioning.
• Negative Sentiment: EU regulatory risk: European publishers and tech firms are urging the EU to conclude a long antitrust probe and impose a fine on Google over alleged search favoritism — a faster or larger penalty could pressure revenue from search and create operational constraints. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google's core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google's consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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