Alphabet Inc. $GOOGL Shares Sold by Figure 8 Investment Strategies LLC

Key Points

• Figure 8 Investment Strategies LLC cut its stake in Alphabet by 12.7% in Q4, selling 3,536 shares and now holding 24,414 shares worth $7.64 million, with GOOGL representing about 6.8% of the firm's portfolio (its largest position).
• Company insiders have sold a total of 2,068,744 shares worth $104.5 million in the past three months (insiders now own 11.64% of Alphabet), including disclosed sales by Frances Arnold and John Kent Walker.
• Brokerage sentiment is broadly positive with multiple upgrades and higher price targets (consensus rating: Moderate Buy, consensus price target $367.62), supported by a recent earnings beat of $2.82 EPS on $113.83 billion in revenue.

Figure 8 Investment Strategies LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,414 shares of the information services provider's stock after selling 3,536 shares during the period. Alphabet comprises approximately 6.8% of Figure 8 Investment Strategies LLC's investment portfolio, making the stock its biggest position. Figure 8 Investment Strategies LLC's holdings in Alphabet were worth $7,642,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Impact Investors Inc increased its holdings in shares of Alphabet by 1.3% during the fourth quarter. Impact Investors Inc now owns 4,246 shares of the information services provider's stock worth $1,329,000 after buying an additional 54 shares in the last quarter. Walkner Condon Financial Advisors LLC grew its position in shares of Alphabet by 10.1% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 22,278 shares of the information services provider's stock valued at $6,973,000 after buying an additional 2,042 shares during the last quarter. Runnymede Capital Advisors Inc. increased its position in Alphabet by 9.6% during the 4th quarter. Runnymede Capital Advisors Inc. now owns 25,670 shares of the information services provider's stock valued at $8,035,000 after purchasing an additional 2,259 shares during the period. Salus Financial Advisors LLC acquired a new stake in Alphabet during the 4th quarter worth about $219,000. Finally, Stonebridge Financial Group LLC grew its holdings in Alphabet by 12.6% during the 4th quarter. Stonebridge Financial Group LLC now owns 44,348 shares of the information services provider's stock worth $13,881,000 after acquiring an additional 4,952 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the sale, the director owned 18,418 shares of the company's stock, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction 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 SEC filing for this sale provides additional information. Insiders have sold a total of 2,068,744 shares of company stock worth $104,505,914 in the last three months. Insiders own 11.64% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Pivotal Research increased their price target on Alphabet from $400.00 to $420.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Canaccord Genuity Group set a $415.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Moffett Nathanson increased their price objective on shares of Alphabet from $305.00 to $350.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Raymond James Financial raised shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Alphabet from $370.00 to $390.00 and gave the company a "buy" rating in a research report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, Alphabet currently has a consensus rating of "Moderate Buy" and a consensus price target of $367.62.

Alphabet Price Performance

Alphabet stock opened at $337.12 on Thursday. Alphabet Inc. has a 52 week low of $146.10 and a 52 week high of $349.00. The company's 50 day moving average price is $306.35 and its two-hundred day moving average price is $300.43. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $4.08 trillion, a P/E ratio of 31.19, a P/E/G ratio of 2.05 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping 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 firm had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. On average, equities analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

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

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Several brokerages raised ratings and targets for Alphabet, boosting investor confidence (Phillip Securities raised its price target to $395). Phillip Securities Adjusts Price Target on Alphabet to $395
• Positive Sentiment: Citi raised its price target to the low-$400s and put Alphabet on a 90-day catalyst watch, highlighting near-term product/event catalysts ahead of Q1 results. Wall Street sets Google stock price target for the next 12 months
• Positive Sentiment: Stifel Nicolaus published a buy on GOOGL (supporting demand for the shares). Alphabet Class A (GOOGL) Receives a Buy from Stifel Nicolaus
• Positive Sentiment: Analysts and outlets are flagging Alphabet as a top long-term/momentum AI play and noting an impressive history of earnings surprises — supporting expectations for another beat. Will Alphabet (GOOGL) Beat Estimates Again?
• Positive Sentiment: Partnerships and ecosystem wins (e.g., expanded GitLab integration with Google Cloud) underline GCP traction and recurring-revenue opportunities for cloud customers. GitLab Stock Jumps on Google Cloud Boost
• Neutral Sentiment: Market-level commentary notes a broader tech/Nasdaq rebound and that many investors remain underexposed, which can amplify inflows into large-cap AI leaders like Alphabet. The Bull Case Is Strengthening
• Neutral Sentiment: Coverage and price-target moves are concentrated ahead of the April 29 Q1 report, so short-term volatility could increase around that catalyst. Wall Street sets Google stock price target for the next twelve months
• Negative Sentiment: Regulatory risk resurfaced as rival app store Aptoide sued Google, alleging anti-competitive app distribution and billing practices — a fresh antitrust legal overhang. Google sued by rival app store Aptoide
• Negative Sentiment: Competitive threats to ad revenue (notably from Meta) and reports about structural shifts in the ad market could pressure growth long term. Zuckerberg Is Dangerously Close To Cracking Google's Money Machine
• Negative Sentiment: Security/ad-integrity concerns (HUMAN’s report on AI-driven ad fraud/scareware) pose reputational and monetization risks for Google’s content-distribution channels. HUMAN’s Satori Researchers Identify Novel Ad Fraud
• Negative Sentiment: Some reports also note Stifel lowered expectations in an alternate notice, highlighting that not all analyst commentary is uniformly bullish — a reminder of mixed analyst views. Stifel Nicolaus Has Lowered Expectations for Alphabet

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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