Alphabet Inc. $GOOGL Shares Sold by Triumph Capital Management

Key Points

• Triumph Capital Management cut its stake in Alphabet by 50.1% in Q3, selling 2,868 shares and ending the quarter with 2,861 shares worth about $695,000.
• Insiders sold heavily: CEO Sundar Pichai sold 32,500 shares for roughly $10.44 million, and insiders disposed of 2,110,165 shares valued at about $118.13 million in the last quarter.
• Alphabet reported a quarterly EPS of $2.82 (vs. $2.57 expected) and revenue of $113.83 billion, has a market cap near $3.65 trillion, and carries a consensus rating of "Moderate Buy" with an average target of $367.18.

Triumph Capital Management decreased its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 50.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,861 shares of the information services provider's stock after selling 2,868 shares during the quarter. Triumph Capital Management's holdings in Alphabet were worth $695,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Financial Gravity Companies Inc. purchased a new position in Alphabet during the second quarter worth approximately $31,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Alphabet during the 3rd quarter valued at $53,000. iSAM Funds UK Ltd purchased a new stake in shares of Alphabet during the 3rd quarter valued at $53,000. Corsicana & Co. acquired a new stake in shares of Alphabet during the 3rd quarter worth $54,000. Finally, Vermillion & White Wealth Management Group LLC raised its position 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 worth $57,000 after buying an additional 89 shares during the period. Institutional investors and hedge funds own 40.03% of the company's stock.

Alphabet Stock Up 0.3%

Shares of NASDAQ:GOOGL opened at $302.00 on Tuesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a 50 day moving average of $317.03 and a two-hundred day moving average of $294.07. The company has a market capitalization of $3.65 trillion, a price-to-earnings ratio of 27.94, a price-to-earnings-growth ratio of 1.76 and a beta of 1.10.

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 analysts' consensus estimates of $2.57 by $0.25. The business had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. As a group, analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently disclosed 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 was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet's payout ratio is currently 7.77%.

Insider Activity

In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the sale, the chief executive officer directly owned 2,244,372 shares of the company's stock, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the business's stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the transaction, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,110,165 shares of company stock valued at $118,134,117. Corporate insiders own 11.55% of the company's stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Billionaire investor Seth Klarman surprised markets by taking a notable position in Alphabet, a development investors often view as a vote of confidence from an experienced value manager. Alphabet Inc. (GOOGL): Billionaire Seth Klarman Springs Major Surprise
• Positive Sentiment: Alphabet-owned Wing will begin drone package deliveries in the San Francisco Bay Area, marking a commercialization step for a long-term growth initiative that could expand service offerings and monetization opportunities. Alphabet's Wing to start drone delivery in San Francisco Bay Area
• Positive Sentiment: Multiple bullish research and feature pieces are reinforcing long-term investor interest—highlighting YouTube’s large ad/membership upside and positioning Alphabet as a top AI/cloud compounder—supporting demand for shares from long-term funds and retail. Alphabet Stock Analysis Why YouTube Is A $490 Billion Powerhouse Why Alphabet (GOOGL) is a Top Stock for the Long-Term The Best Stocks to Invest $1,000 in Right Now
• Neutral Sentiment: Google’s president Ruth Porat warned the U.S. may not be building electricity capacity fast enough to support AI scale, underscoring infrastructure needs and potential higher capex/energy costs as AI data center demand grows—a long-term growth sign but with cost implications. CERAWEEK US needs more energy development to power AI, Google president says
• Neutral Sentiment: Coverage noting Berkshire’s new leadership holding large AI-related positions and bullish forecasts for AI leaders reiterates sector rotation into tech, which can support multiple expansion for market leaders like Alphabet. Warren Buffett's Successor, Greg Abel, Has $64 Billion of Berkshire Hathaway's Assets Invested in 3 Unstoppable AI Stocks
• Neutral Sentiment: Short-interest data for March appears anomalous/unclear (reported as zero), so it provides no reliable signal on forced selling or short-covering dynamics today.
• Negative Sentiment: EU competition and international regulatory scrutiny remains active—EU officials are meeting with Google executives this week, a reminder that sustained regulatory risk could pressure valuation or lead to fines/behavioral remedies. EU Competition Chief Says Google Decision is Coming, Ahead of U.S. Tech Meetings
• Negative Sentiment: Coverage on how AI is changing search/SEO highlights execution risk for legacy search monetization models—publishers and advertisers adapting to new AI-driven discovery could alter ad dynamics over time. AI Is Rewriting the Old Rules of Google Search and SEO

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on GOOGL. BNP Paribas Exane began coverage on Alphabet in a report on Monday, November 24th. They issued an "outperform" rating and a $355.00 target price on the stock. Moffett Nathanson upped their price target on Alphabet from $305.00 to $350.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Daiwa Securities Group raised their price objective on Alphabet from $333.00 to $380.00 and gave the stock a "buy" rating in a report on Tuesday, February 10th. Truist Financial set a $385.00 price objective on Alphabet in a research note on Thursday, February 5th. Finally, HSBC boosted their target price on Alphabet from $335.00 to $370.00 and gave the stock a "buy" rating in a report on Tuesday, December 2nd. Three equities 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $367.18.

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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