Aristotle Atlantic Partners LLC Has $6.91 Million Holdings in Alphabet Inc. $GOOG

Key Points

• Aristotle Atlantic Partners trimmed its stake in Alphabet by 11.5% in Q3, selling 3,670 shares and ending the period with 28,354 shares worth about $6.91 million.
• Insider selling has been notable recently: CEO Sundar Pichai sold 32,500 shares for roughly $10.44 million, and insiders sold 2,112,493 shares valued at about $118.6 million in the last 90 days, while insiders still own 12.99% of the company.
• Fundamentals and shareholder return: Alphabet beat Q4 estimates with $2.82 EPS and $113.83 billion in revenue, announced a quarterly dividend of $0.21 per share (annualized $0.84, yield 0.3%), and retains an average analyst consensus rating of "Buy" with a $345.71 target.

Aristotle Atlantic Partners LLC decreased its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 11.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,354 shares of the information services provider's stock after selling 3,670 shares during the quarter. Aristotle Atlantic Partners LLC's holdings in Alphabet were worth $6,906,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arkos Global Advisors bought a new stake in shares of Alphabet in the 3rd quarter valued at about $973,000. 1858 Wealth Management LLC increased its stake in shares of Alphabet by 0.8% in the third quarter. 1858 Wealth Management LLC now owns 12,659 shares of the information services provider's stock valued at $3,083,000 after buying an additional 103 shares during the period. 44 Wealth Management LLC raised its position in shares of Alphabet by 161.4% during the third quarter. 44 Wealth Management LLC now owns 10,721 shares of the information services provider's stock worth $2,611,000 after acquiring an additional 6,619 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of Alphabet by 5.8% in the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock worth $9,749,864,000 after acquiring an additional 2,209,203 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in shares of Alphabet by 26.1% in the third quarter. Lazard Asset Management LLC now owns 2,709,744 shares of the information services provider's stock worth $659,958,000 after acquiring an additional 561,243 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the company'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 owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Insiders sold 2,112,493 shares of company stock valued at $118,605,094 in the last ninety days. Insiders own 12.99% of the company's stock.

Analyst Ratings Changes

GOOG has been the subject of a number of recent analyst reports. Weiss Ratings reissued a "buy (b)" rating on shares of Alphabet in a research report on Wednesday, January 21st. Piper Sandler restated an "overweight" rating and issued a $395.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $365.00 price objective on shares of Alphabet in a research note on Monday, January 5th. Sanford C. Bernstein reiterated a "market perform" rating and set a $345.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Finally, Wedbush reissued an "outperform" rating and set a $370.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $345.71.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: GFiber is combining with Astound Broadband with Stonepeak as majority owner while Alphabet keeps a minority stake — this monetizes Google’s fiber asset, reduces future capex burden and leaves Alphabet with upside exposure to a larger independent broadband operator. Alphabet Inc. (GOOGL)’s Expanding Horizons: AI, Cloud, and Broadband Growth
• Positive Sentiment: Gemini AI is being added to Google Maps via “Ask Maps,” increasing product differentiation and engagement across a high-traffic app — a direct example of AI driving user value and monetization opportunities. Google (GOOGL) Adds Its Gemini AI Model to Google Maps to Allow More Detailed Questions
• Positive Sentiment: Google completed the acquisition of Wiz (~$32B), strengthening cloud security offerings — a strategic tuck-in that can help win larger enterprise cloud deals and justify higher cloud multiple over time. Google Just Closed Its $32 Billion Wiz Deal. How Should You Play GOOGL Stock Here?
• Positive Sentiment: Google changed Android billing rules, cut developer fees and resolved the Epic/Fortnite dispute — removing a legal overhang and improving developer economics for Play Store, which supports long-term app revenue resilience. Google (GOOGL) App Store Brings Back Fortnite, Changes Fee Structure
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive — recent coverage highlights strong Q4 results, cash-rich balance sheet and a consensus “Buy” tilt with several elevated price targets. This underpins medium-term investor confidence. Alphabet Q4: A Fairly Valued Tech Titan To Buy Now
• Neutral Sentiment: Social and options flow show heightened bullish conviction around Gemini and cloud, but this is sentiment-driven and can amplify short-term volatility rather than change fundamentals. Alphabet Stock (GOOG) Opinions on Gemini AI Advancements
• Neutral Sentiment: Recent short-interest data in feeds appears noisy/invalid and does not signal a meaningful squeeze or covering dynamic at present.
• Negative Sentiment: U.K. regulator warnings on protecting children online increase the risk of tighter rules and compliance costs for big tech — a regulatory backdrop that could pressure valuations if enforcement or new rules accelerate. Big tech given warning - and deadline - by UK regulator

Alphabet Trading Down 0.6%

Shares of GOOG stock opened at $301.46 on Friday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. 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 50 day simple moving average of $319.36 and a two-hundred day simple moving average of $290.32. The company has a market cap of $3.65 trillion, a P/E ratio of 27.89, a PEG ratio of 1.76 and a beta of 1.10.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.59 by $0.23. The firm had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company's revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.15 EPS. Research analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet's payout ratio is presently 7.77%.

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.

Want to see what other hedge funds are holding GOOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.