Connective Portfolio Management LLC Takes Position in Alphabet Inc. $GOOGL

Key Points

• Connective Portfolio Management LLC bought a new stake of 10,100 Alphabet shares in Q4 valued at about $3.16 million, making Alphabet roughly 5.7% of the fund’s assets and its third-largest holding.
• Wall Street sentiment is broadly positive with an average rating of "Moderate Buy" and a consensus price target of $368.06, while several firms have higher targets (e.g., Evercore $400, Tigress $415) signaling upside expectations.
• Alphabet recently beat quarterly estimates (EPS $2.82 vs. $2.57; revenue $113.8B vs. $111.2B), has a $3.31T market cap and a $0.21 quarterly dividend (0.3% yield), even as insiders sold about 2.09M shares including CEO Sundar Pichai's 32,500-share sale.

Connective Portfolio Management LLC purchased a new stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,100 shares of the information services provider's stock, valued at approximately $3,161,000. Alphabet makes up 5.7% of Connective Portfolio Management LLC's holdings, making the stock its 3rd biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. CIBC Bancorp USA Inc. acquired a new stake in shares of Alphabet during the 3rd quarter valued at approximately $416,217,000. Griffin Asset Management Inc. grew its holdings in shares of Alphabet by 13.9% in the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider's stock worth $14,277,000 after acquiring an additional 7,180 shares during the period. Sovran Advisors LLC grew its holdings in shares of Alphabet by 23.6% in the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider's stock worth $5,401,000 after acquiring an additional 4,241 shares during the period. Edmond DE Rothschild Holding S.A. increased its stake in Alphabet by 4.7% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 1,457,732 shares of the information services provider's stock valued at $256,896,000 after purchasing an additional 65,439 shares in the last quarter. Finally, Wright Investors Service Inc. increased its stake in Alphabet by 21.2% in the 3rd quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider's stock valued at $12,171,000 after purchasing an additional 8,746 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on GOOGL. DZ Bank reiterated a "buy" rating on shares of Alphabet in a research report on Monday, February 16th. UBS Group set a $348.00 price target on Alphabet and gave the company a "neutral" rating in a research report on Thursday, February 5th. Evercore reaffirmed an "outperform" rating and set a $400.00 price target (up from $325.00) on shares of Alphabet in a research note on Thursday, February 5th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Finally, Tigress Financial set a $415.00 price objective on shares of Alphabet and gave the company a "strong-buy" rating in a research note on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Alphabet presently has an average rating of "Moderate Buy" and a consensus price target of $368.06.

Alphabet Stock Down 0.3%

Shares of NASDAQ:GOOGL opened at $273.50 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 stock's fifty day simple moving average is $311.94 and its 200-day simple moving average is $295.63. The company has a market capitalization of $3.31 trillion, a P/E ratio of 25.30, a P/E/G ratio of 1.61 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data 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. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. As a group, equities research analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were paid a dividend of $0.21 per share. 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%.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 112 shares of the business's 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 completion of the transaction, the director owned 18,418 shares of the company's stock, valued at $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the transaction, the chief executive officer directly owned 1,642,060 shares in the company, valued at $505,573,853.40. The trade was a 1.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 2,092,336 shares of company stock valued at $112,519,943. Corporate insiders own 11.55% of the company's stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: TurboQuant AI compression positions Alphabet to cut AI infrastructure costs and extend its AI leadership, which could boost margins and reduce dependence on memory suppliers. Alphabet Just Introduced Its Newest AI Advantage, and It's Another Reason to Buy the Stock
• Positive Sentiment: Analyst outlooks are supportive: a published price target increase to $397 signals upside from the sell-side and may provide buying interest. Alphabet NASDAQ: GOOGL Price Target Raised to $397.00
• Positive Sentiment: Needham reiterated a Buy rating, reinforcing institutional support and potentially limiting downside as some funds watch analyst guidance. Alphabet's (GOOGL) Buy Rating Reiterated at Needham & Company LLC
• Positive Sentiment: Wall Street and independent finance experts remain broadly positive on end‑of‑2026 price prospects, supporting medium-term investor confidence. Finance experts predict Google stock price for end of 2026
• Neutral Sentiment: Last week’s near‑9% drop is partly market-driven (broader index weakness/geo‑political risk); however, Alphabet remains the top-performing Magnificent Seven name over 12 months and is the only peer above its 200‑day SMA — a mixed technical picture to monitor. After Falling Nearly 9% Last Week, Has Alphabet Lost Its Edge?
• Neutral Sentiment: CEO Sundar Pichai’s routine, pre‑planned sale of shares resurfaced in headlines but aligns with his historical pattern and is unlikely to signal new negative insider activity. After Falling Nearly 9% Last Week, Has Alphabet Lost Its Edge?
• Neutral Sentiment: High‑profile personnel moves (a former Google CMO left with a large equity package; Apple hired a Google shopping exec) are noteworthy for talent flow but are not immediate earnings drivers. Meet the ex-Google CMO who quit with a seven-figure package by 28 Apple Recruits Google Shopping Exec to Lead AI Marketing
• Negative Sentiment: Landmark social‑media addiction verdict found YouTube negligent, raising litigation risk and regulatory attention that could increase legal costs or policy constraints over time. Meta and Google lost a major social media addiction lawsuit
• Negative Sentiment: Large portfolio moves by Ark Invest (sales of Alphabet shares) add selling pressure and can amplify downside during volatile sessions. Cathie Wood Going Cold On Big Tech? Ark Sells Nvidia, AMD, Meta And Google Stock
• Negative Sentiment: Poaching of senior product marketing talent by rivals (Apple) highlights competition for AI marketing expertise and could modestly pressure execution in consumer/ads initiatives. Apple Recruits Google Shopping Exec to Lead AI Marketing

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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