FNY Investment Advisers LLC Buys 1,811 Shares of Alphabet Inc. $GOOGL

Key Points

• FNY Investment Advisers increased its stake in Alphabet by 40.1%, buying 1,811 shares to own 6,322 shares worth about $1.98 million at quarter-end, as institutional ownership of the stock stands around 40.03%.
• Alphabet beat estimates for the quarter with $2.82 EPS versus $2.57 expected and revenue of $113.83 billion, and the company trades at a market cap of about $3.84 trillion with a P/E of 29.34.
• Positive catalysts include expanded AI/cloud partnerships (e.g., with Intel, Broadcom/Anthropic) and raised analyst price targets, but the picture is mixed by significant insider selling (≈2.07 million shares, ~$104.7M) and regulatory risks for Waymo and YouTube in some markets.

FNY Investment Advisers LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 40.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,322 shares of the information services provider's stock after acquiring an additional 1,811 shares during the quarter. FNY Investment Advisers LLC's holdings in Alphabet were worth $1,978,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. CIBC Bancorp USA Inc. bought a new position in Alphabet during the third quarter worth $416,217,000. Griffin Asset Management Inc. lifted its stake in shares of Alphabet by 13.9% in the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider's stock valued at $14,277,000 after buying an additional 7,180 shares in the last quarter. Sovran Advisors LLC lifted its stake in shares of Alphabet by 23.6% in the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider's stock valued at $5,401,000 after buying an additional 4,241 shares in the last quarter. Wright Investors Service Inc. lifted its stake in shares of Alphabet by 21.2% in the third quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider's stock valued at $12,171,000 after buying an additional 8,746 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its stake in shares of Alphabet by 3.8% in the third quarter. CIBC Asset Management Inc now owns 1,666,577 shares of the information services provider's stock valued at $405,131,000 after buying an additional 60,831 shares in the last quarter. 40.03% of the stock is owned by institutional investors.

Alphabet Stock Down 0.4%

GOOGL opened at $317.20 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The company's 50-day moving average is $306.85 and its 200 day moving average is $298.35. Alphabet Inc. has a fifty-two week low of $146.10 and a fifty-two week high of $349.00. The firm has a market capitalization of $3.84 trillion, a P/E ratio of 29.34, a PEG ratio of 1.97 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts' consensus estimates of $2.57 by $0.25. 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. Research analysts expect 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. Investors of record on Monday, March 9th were 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 of this dividend was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is presently 7.77%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Stronger AI/cloud positioning: Google expanded its multi‑year AI infrastructure partnership with Intel to co‑develop processors and power Google Cloud AI workloads — a sign of durable demand for cloud AI capacity that supports Google Cloud revenue growth. Read More.
• Positive Sentiment: Broadcom and Anthropic deals validate Google’s AI infrastructure strategy and the broader market for non‑NVIDIA accelerators — a constructive signal for Alphabet’s AI cost and supply relationships. Read More.
• Positive Sentiment: Analyst and media bullishness on AI adoption: BNP Paribas and other commentators highlight Gemini and Anthropic as drivers that can take share in the generative AI market, underpinning ad/productivity monetization upside for Alphabet. Read More.
• Positive Sentiment: Monetization tailwind — YouTube raised U.S. Premium prices, which should boost ARPU and subscription revenue over time. Read More.
• Positive Sentiment: Bullish price‑target action from Mizuho (raised to $420) reinforces upside thesis for investors focused on long‑term AI/cloud gains. (No link)
• Neutral Sentiment: Short interest report is effectively meaningless/noisy for today’s move (data shows zero shares / reporting artifact), so it’s not the driver of the stock’s action. (No link)
• Negative Sentiment: Regulatory risk for Waymo: A California bill would require more human operators for robotaxis, raising operating costs and regulatory uncertainty for Alphabet’s autonomous‑vehicle ambitions. Read More.
• Negative Sentiment: International/content regulatory pressure: Indonesia issued a reprimand to YouTube over new social media rules for children, underscoring regional enforcement risk that can hit engagement or require costly compliance changes. Read More.
• Negative Sentiment: Analyst downgrade pressure: Wolfe Research trimmed its price target from $390 to $360, which increases short‑term selling pressure despite the firm still rating the stock “outperform.” (No link)

Insider Activity at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director directly owned 4,631 shares of the company's stock, valued at $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John Kent Walker sold 47,574 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,069,344 shares of company stock valued at $104,708,426 over the last three months. Insiders own 11.64% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GOOGL. Needham & Company LLC reaffirmed a "buy" rating and issued a $400.00 price objective on shares of Alphabet in a research note on Wednesday. Barclays reaffirmed an "overweight" rating and issued a $360.00 price objective (up from $315.00) on shares of Alphabet in a research note on Thursday, February 5th. Sanford C. Bernstein raised their price objective on shares of Alphabet from $305.00 to $335.00 and gave the company a "market perform" rating in a research note on Monday, February 2nd. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $370.00 price objective on shares of Alphabet in a research note on Wednesday. Finally, President Capital raised their price objective on shares of Alphabet from $323.00 to $375.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $366.92.

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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