CTC Alternative Strategies Ltd. Has $557,000 Holdings in Alphabet Inc. $GOOG

Key Points

• CTC Alternative Strategies Ltd. reduced its stake in Alphabet by 91.6% in Q3, selling 25,012 shares and retaining 2,288 shares worth about $557,000.
• Alphabet holds a market consensus of "Buy" with a consensus price target of $345.71, backed by multiple analyst upgrades and several firms lifting target prices.
• Alphabet beat quarterly expectations (EPS $2.82 vs. $2.59; revenue $113.83B vs. $111.24B), announced a quarterly dividend of $0.21 (annualized $0.84, ~0.3% yield), while insiders sold roughly 2.11M shares worth about $118.1M last quarter.

CTC Alternative Strategies Ltd. lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 91.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,288 shares of the information services provider's stock after selling 25,012 shares during the quarter. CTC Alternative Strategies Ltd.'s holdings in Alphabet were worth $557,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. University of Illinois Foundation purchased a new position in Alphabet during the second quarter valued at approximately $31,000. Imprint Wealth LLC acquired a new position in Alphabet in the 3rd quarter valued at approximately $31,000. Manning & Napier Advisors LLC purchased a new stake in Alphabet in the 3rd quarter worth approximately $32,000. Tripletail Wealth Management LLC purchased a new stake in Alphabet in the 3rd quarter worth approximately $40,000. Finally, Retirement Wealth Solutions LLC boosted its stake in shares of Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider's stock valued at $48,000 after buying an additional 116 shares during the period. Institutional investors and hedge funds own 27.26% of the company's stock.

Analyst Upgrades and Downgrades

GOOG has been the topic of several research analyst reports. BNP Paribas Exane initiated coverage on shares of Alphabet in a report on Monday, November 24th. They set an "outperform" rating on the stock. Canaccord Genuity Group lifted their price objective on Alphabet from $330.00 to $390.00 and gave the company a "buy" rating in a research report on Wednesday, January 7th. Piper Sandler restated an "overweight" rating and issued a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Truist Financial set a $350.00 target price on Alphabet in a research report on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $370.00 price target on shares of Alphabet in a research note on Tuesday, January 20th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Alphabet presently has a consensus rating of "Buy" and a consensus price target of $345.71.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: New CVS partnership (Health100) expands Gemini AI into consumer healthcare and creates a potential commercial channel across pharmacy, insurance and wearables — a tangible monetization path for Gemini models. Read More.
• Positive Sentiment: DeepMind hired Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a high‑profile AI talent acquisition that strengthens research and commercial push vs. OpenAI/Anthropic. Read More.
• Positive Sentiment: Product momentum: Google’s updated Stitch / AI design tools are getting market traction and have pressured competitors (Figma, Adobe), signaling faster adoption of Google’s developer/designer workflows. Product wins can accelerate monetization of AI features. Read More.
• Positive Sentiment: Operational: Google signed utility deals to curb data‑center power use during peaks, helping secure capacity for AI workloads and reducing the risk of power shortages for new data centers. Read More.
• Positive Sentiment: Google Cloud strengthened security via the Wiz buyout, improving its enterprise positioning against AWS/Azure — supportive for enterprise AI adoption and higher‑margin cloud growth. Read More.
• Neutral Sentiment: Regulatory: Google will add an opt‑out for generative AI in search to address UK competition concerns — reduces near‑term regulatory friction but could limit product scope in the UK. Read More.
• Neutral Sentiment: Analyst/market context: Strong analyst sentiment, recent dividend initiation and high price targets support longer‑term confidence but leave valuation sensitive to execution and capex. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and other insiders have executed large, repeated sales this month — amplifies short‑term caution and can pressure sentiment. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: Greater reliance on Chinese suppliers for advanced liquid‑cooling (and possible acquisition) improves capacity but raises export, regulatory and geopolitical risk for AI infrastructure. Read More.
• Negative Sentiment: Macro/valuation risk: Ongoing hyperscaler AI capex is large and raises questions about the timing of returns — a counterweight to optimistic AI revenue narratives and a potential drag on near‑term multiples. Read More.

Alphabet Stock Down 0.2%

Shares of Alphabet stock opened at $305.73 on Friday. The stock has a market capitalization of $3.70 trillion, a P/E ratio of 28.28, a PEG ratio of 1.79 and a beta of 1.10. 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 50 day moving average price of $318.27 and a two-hundred day moving average price of $292.42. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15.

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

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid 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 dividend payout ratio (DPR) is presently 7.77%.

Insider Activity

In other news, insider John Kent Walker sold 47,574 shares of the firm'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 sale, the insider directly owned 13,227 shares of the company's stock, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 2,110,165 shares of company stock worth $118,134,117. Insiders own 12.99% of the company's stock.

Alphabet Company Profile

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.

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