Alphabet Inc. $GOOGL is PineStone Asset Management Inc.'s 2nd Largest Position

Key Points

• PineStone Asset Management cut its Alphabet stake by 10.2% in Q4, selling 651,873 shares and finishing the quarter with 5,747,054 shares worth about $1.7988 billion, representing 11.2% of its portfolio and its second-largest holding.
• Company insiders have been net sellers recently — 2,069,344 shares totaling roughly $104.7 million were sold in the past 90 days (insiders now own 11.64% of the stock), including disclosed sales by the CAO and a board director.
• Alphabet reported a quarterly earnings beat (EPS $2.82 vs. $2.57 expected) and $113.8 billion in revenue, trades at a ~ $3.84 trillion market cap, and carries a consensus analyst rating of Moderate Buy with an average target of $367.33.

PineStone Asset Management Inc. cut its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 10.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,747,054 shares of the information services provider's stock after selling 651,873 shares during the period. Alphabet makes up 11.2% of PineStone Asset Management Inc.'s portfolio, making the stock its 2nd largest holding. PineStone Asset Management Inc.'s holdings in Alphabet were worth $1,798,828,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. LeConte Wealth Management LLC boosted its stake in shares of Alphabet by 3.3% during the 4th quarter. LeConte Wealth Management LLC now owns 5,742 shares of the information services provider's stock worth $1,797,000 after purchasing an additional 185 shares during the period. White Wing Wealth Management boosted its stake in shares of Alphabet by 2.9% during the 4th quarter. White Wing Wealth Management now owns 1,155 shares of the information services provider's stock worth $362,000 after purchasing an additional 33 shares during the period. My Personal CFO LLC boosted its stake in shares of Alphabet by 32.1% during the 4th quarter. My Personal CFO LLC now owns 1,301 shares of the information services provider's stock worth $407,000 after purchasing an additional 316 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of Alphabet by 12.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,904,124 shares of the information services provider's stock worth $595,991,000 after purchasing an additional 216,050 shares during the period. Finally, Santori & Peters Inc. boosted its stake in shares of Alphabet by 10.3% during the 4th quarter. Santori & Peters Inc. now owns 1,339 shares of the information services provider's stock worth $419,000 after purchasing an additional 125 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CAO Amie Thuener O'toole sold 617 shares of the business's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the completion of the sale, the chief accounting officer owned 10,093 shares in the company, valued at approximately $2,923,235.59. The trade was a 5.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the sale, the director owned 4,631 shares of the company's stock, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 2,069,344 shares of company stock worth $104,708,426. 11.64% of the stock is owned by corporate insiders.

Alphabet Trading Up 3.9%

NASDAQ:GOOGL opened at $317.32 on Thursday. Alphabet Inc. has a one year low of $143.90 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 firm has a market cap of $3.84 trillion, a P/E ratio of 29.35, a P/E/G ratio of 1.81 and a beta of 1.12. The firm has a 50-day simple moving average of $307.67 and a 200-day simple moving average of $297.75.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Equities analysts anticipate that Alphabet Inc. will post 8.9 EPS 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 issued a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet's payout ratio is currently 7.77%.

Analyst Upgrades and Downgrades

GOOGL has been the subject of a number of research analyst reports. Argus lifted their price objective on shares of Alphabet from $365.00 to $385.00 and gave the company a "buy" rating in a report on Friday, February 6th. UBS Group set a $348.00 price objective on shares of Alphabet and gave the company a "neutral" rating in a report on Thursday, February 5th. Raymond James Financial upgraded shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, January 22nd. Citigroup lifted their price objective on shares of Alphabet from $350.00 to $390.00 and gave the company a "buy" rating in a report on Friday, February 6th. Finally, Jefferies Financial Group lifted their price objective on shares of Alphabet from $365.00 to $400.00 and gave the company a "buy" rating in a report on Monday, February 2nd. Three analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $367.33.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Waymo expands public driverless service to Nashville — a visible commercialization milestone for Alphabet’s autonomous-vehicle unit that supports the narrative Waymo is moving from R&D toward revenue-generating rides and partnerships. Alphabet Climbs 4% on Waymo's Nashville Expansion
• Positive Sentiment: Wing (Alphabet) and DoorDash expand drone deliveries into Atlanta — incremental commercial rollouts help validate Wing’s delivery economics and widen addressable market for autonomous logistics. Alphabet's Wing Drone Unit, DoorDash Expand Into Atlanta
• Positive Sentiment: Broadcom deepens multi-year AI chip and networking deals with Google and Anthropic — secures TPU supply/ networking for Google’s AI racks and signals growing third‑party demand for Google’s TPU stack, which supports Google Cloud’s AI positioning. This reduces supply risk and underpins cloud/infrastructure growth. Alphabet Broadcom AI Chip Deal Underscores Undervalued Google Compute Power
• Positive Sentiment: Google Cloud momentum — Market commentary shows Google Cloud is the fastest-growing major hyperscaler, with big AI-driven revenue growth, growing backlog and TPU advantage, reinforcing medium‑term revenue/earnings outlook. Google Cloud Is the World’s Fastest-Growing Major Cloud Platform
• Neutral Sentiment: Analyst ratings and price targets lifted — Cantor Fitzgerald reiterated overweight ($370) and Needham reaffirmed buy ($400), providing directional upside thesis but not immediate fundamental change. Analyst Coverage
• Neutral Sentiment: Broad market tailwinds (ceasefire news) are boosting tech risk appetite — a macro bid helped push Magnificent Seven names higher alongside company-specific catalysts. Tech rally after ceasefire announcement
• Negative Sentiment: Data‑center siting concerns and environmental scrutiny (water/land/energy) could slow some capacity builds and raise costs — a potential operational risk for hyperscalers including Google Cloud. Data center community pushback
• Negative Sentiment: Ongoing content/AI accuracy and regulatory scrutiny (e.g., coverage of AI overviews) remain reputational and compliance risks that could affect ad/AI product adoption or require costly adjustments. How Accurate Are Google's A.I. Overviews?

Alphabet Company Profile

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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