Generali Investments Management Co LLC Has $33.12 Million Position in Alphabet Inc. $GOOGL

Key Points

• Generali Investments Management trimmed its Alphabet stake by 11% in the fourth quarter, but still held 105,806 shares valued at about $33.1 million. Alphabet remained the fund’s third-largest position, accounting for 6.6% of its portfolio.
• Alphabet reported a strong quarter, with EPS of $5.11 versus estimates of $2.64 and revenue of $109.9 billion, beating expectations. The company also raised its quarterly dividend to $0.22 per share from $0.21.
• Recent news around Alphabet has centered on its AI expansion, including Gemini-powered Android features, new Chrome and laptop products, and partnerships with Affirm and Klarna for pay-over-time options. Analysts remain broadly positive, with a consensus rating of Moderate Buy and an average target price of about $407.86.

Generali Investments Management Co LLC reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 11.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 105,806 shares of the information services provider's stock after selling 13,060 shares during the period. Alphabet comprises 6.6% of Generali Investments Management Co LLC's portfolio, making the stock its 3rd biggest position. Generali Investments Management Co LLC's holdings in Alphabet were worth $33,117,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new stake in shares of Alphabet during the 4th quarter worth approximately $10,611,000. Calamos Wealth Management LLC raised its position in Alphabet by 1.5% during the 4th quarter. Calamos Wealth Management LLC now owns 375,274 shares of the information services provider's stock valued at $117,461,000 after purchasing an additional 5,458 shares in the last quarter. Virtus Wealth Solutions LLC bought a new stake in Alphabet during the 4th quarter valued at $11,263,000. Cypress Asset Management Inc. TX raised its position in Alphabet by 6.8% during the 4th quarter. Cypress Asset Management Inc. TX now owns 6,671 shares of the information services provider's stock valued at $2,088,000 after purchasing an additional 427 shares in the last quarter. Finally, Cherokee Insurance Co bought a new stake in Alphabet during the 4th quarter valued at $250,000. 40.03% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CAO Amie Thuener O'toole sold 955 shares of the business's stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at $2,955,564. The trade was a 8.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider John Kent Walker sold 47,574 shares of the business's stock in a transaction on 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 158,553 shares of company stock valued at $47,951,856. 11.61% of the stock is owned by insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is rolling out Gemini-powered Android features that let AI understand screen context and complete multi-step tasks, strengthening its AI platform and expanding practical use cases across its ecosystem.
• Positive Sentiment: Google is bringing “agentic” AI, Gemini in Chrome, and new AI-native “Googlebooks” laptops to market, signaling a broader product cycle that could support future revenue growth and keep Alphabet competitive with Apple and other tech giants.
• Positive Sentiment: Alphabet’s partnership with Affirm and Klarna to embed pay-over-time options into Gemini and Google Search could boost commerce activity, improve conversion rates, and make Google Pay more valuable to consumers and merchants.
• Positive Sentiment: Google-backed Isomorphic Labs raised $2.1 billion to scale AI-driven drug discovery, underscoring investor enthusiasm for Alphabet’s broader AI ecosystem and the value of its venture investments.
• Positive Sentiment: Reports that Alphabet is exploring first-ever yen bond financing to fund AI infrastructure suggest the company is willing to invest aggressively in compute capacity, which investors may view as necessary to defend and extend its AI lead.
• Neutral Sentiment: Commentary around Alphabet nearing Nvidia in market value and being at the center of the AI boom highlights strong momentum, but these are more market narratives than immediate fundamental catalysts.
• Negative Sentiment: Alphabet’s heavier AI spending and new debt issuance may pressure near-term margins and raise concerns that the company is trading balance-sheet strength for a more capital-intensive growth strategy.
• Negative Sentiment: Waymo’s robotaxi recall over a self-driving software issue is a reminder that Alphabet’s broader “Other Bets” businesses still carry operational and regulatory execution risks.

Alphabet Trading Down 0.3%

Shares of NASDAQ:GOOGL opened at $387.35 on Wednesday. Alphabet Inc. has a 12-month low of $156.16 and a 12-month high of $402.00. The business's fifty day simple moving average is $323.56 and its 200-day simple moving average is $314.66. The company has a market capitalization of $4.69 trillion, a PE ratio of 29.55, a P/E/G ratio of 1.59 and a beta of 1.26. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.98 billion. As a group, equities research analysts predict that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be issued a $0.22 dividend. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Alphabet's previous quarterly dividend of $0.21. Alphabet's dividend payout ratio (DPR) is 6.41%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on GOOGL shares. DZ Bank reaffirmed a "buy" rating on shares of Alphabet in a research report on Monday, February 16th. Pivotal Research lifted their target price on Alphabet from $400.00 to $420.00 and gave the company a "buy" rating in a research report on Thursday, February 5th. Wall Street Zen raised Alphabet from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. Raymond James Financial raised Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research report on Thursday, January 22nd. Finally, Barclays reaffirmed an "overweight" rating and set a $405.00 target price (up from $360.00) on shares of Alphabet in a research report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $407.86.

Alphabet 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.

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.