GF Fund Management CO. LTD. Acquires 101,085 Shares of Alphabet Inc. $GOOG

Key Points

• GF Fund Management CO. LTD. boosted its stake in Alphabet by 13.4%, adding 101,085 shares to hold 853,836 shares (about 4.6% of its portfolio) valued at $267.93 million, making GOOG its fourth-largest position.
• Corporate insiders have been net sellers — CEO Sundar Pichai sold 32,500 shares and insiders sold roughly 2,037,294 shares worth about $94.2 million over the last quarter — though insiders still own about 12.99% of the company.
• Wall Street consensus is a Buy with an average price target of $351.73 after multiple upgrades, and Alphabet recently topped estimates with $2.82 EPS and $113.83 billion in revenue (up 18%), supporting the bullish outlook.

GF Fund Management CO. LTD. boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 13.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 853,836 shares of the information services provider's stock after acquiring an additional 101,085 shares during the quarter. Alphabet accounts for about 4.6% of GF Fund Management CO. LTD.'s portfolio, making the stock its 4th largest position. GF Fund Management CO. LTD.'s holdings in Alphabet were worth $267,934,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Oak Harvest Investment Services raised its stake in shares of Alphabet by 3.2% during the fourth quarter. Oak Harvest Investment Services now owns 1,742 shares of the information services provider's stock valued at $547,000 after acquiring an additional 54 shares during the last quarter. Werba Rubin Papier Wealth Management lifted its holdings in shares of Alphabet by 5.7% during the fourth quarter. Werba Rubin Papier Wealth Management now owns 14,996 shares of the information services provider's stock worth $4,706,000 after purchasing an additional 814 shares during the period. OLD Second National Bank of Aurora lifted its holdings in shares of Alphabet by 13.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 1,343 shares of the information services provider's stock worth $421,000 after purchasing an additional 160 shares during the period. Tanager Wealth Management LLP lifted its holdings in shares of Alphabet by 17.8% during the fourth quarter. Tanager Wealth Management LLP now owns 118,254 shares of the information services provider's stock worth $37,108,000 after purchasing an additional 17,864 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Alphabet by 28.5% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 46,323 shares of the information services provider's stock worth $14,536,000 after purchasing an additional 10,278 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GOOG has been the topic of a number of recent research reports. Wells Fargo & Company upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. Canaccord Genuity Group lifted their price target on shares of Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a report on Wednesday, January 7th. TD Cowen reiterated a "buy" rating and set a $375.00 price target (up from $365.00) on shares of Alphabet in a report on Thursday, April 16th. Royal Bank Of Canada reiterated an "outperform" rating and set a $375.00 price target on shares of Alphabet in a report on Thursday, January 15th. Finally, UBS Group reiterated a "neutral" rating and set a $348.00 price target (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Seven 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $351.73.

Insider Activity at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the completion of the sale, the chief executive officer 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total transaction of $348,232.50. Following the transaction, the director directly owned 3,581 shares in the company, valued at approximately $1,187,638.65. This represents a 22.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 2,037,294 shares of company stock worth $94,216,897. Corporate insiders own 12.99% of the company's stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: U.S. Department of Defense added Google’s Gemini for Government models to its secure GenAI.mil platform, a commercial validation that can boost cloud and AI contract momentum for Google Cloud. Benzinga: What's Behind The Boost In Alphabet Stock Today?
• Positive Sentiment: Reports of a large strategic investment/commitment tied to Anthropic (reported as up to $40B) and ongoing cloud commitments have fueled optimism that Alphabet is doubling down on generative-AI partnerships and cloud demand. Blockonomi: Alphabet Surges on $40B Anthropic Investment
• Positive Sentiment: CFRA and other commentators name Alphabet among the best positioned in the “Mag 7” earnings slate because of AI/search strength and cloud tailwinds—supporting a bullish near-term view into earnings. YouTube: Angelo Zino Preview
• Neutral Sentiment: Analysts and previews expect robust Q1 top-line growth (consensus ~ $107B) with AI and Cloud driving upside, but note the report is a potential catalyst that could swing the stock either way. Seeking Alpha: All-Time Highs May Be Ahead
• Neutral Sentiment: New regional investments—Google and South Korea agreed to build an AI campus in Seoul—strengthen international AI R&D ties and talent pipelines but are longer‑term positives. Reuters: Google to build AI campus in South Korea
• Negative Sentiment: EU regulators are pressing Google to open Android and certain services to AI rivals—followed by guidance on access to Gemini-like services—which raises regulatory compliance costs and potential product changes. TechXplore: EU tells Google to open Android to AI rivals
• Negative Sentiment: Analysts and some research warn that rising depreciation and AI-related investments could pressure Q1 EPS and margins in the near term, creating downside risk if earnings miss expectations. Seeking Alpha: Depreciation Pressuring EPS
• Negative Sentiment: Large insider selling and a notable institutional reduction (PROVIDENT TRUST CO reduced GOOG/GOOGL positions) are red flags for some investors and add selling pressure ahead of earnings. Quiver Quant: Insider & Fund Activity

Alphabet Stock Up 1.8%

Shares of NASDAQ:GOOG opened at $348.52 on Tuesday. Alphabet Inc. has a 1 year low of $149.49 and a 1 year high of $350.90. 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 business's 50-day moving average is $309.11 and its 200-day moving average is $306.19. The company has a market capitalization of $4.22 trillion, a price-to-earnings ratio of 32.24, a P/E/G ratio of 2.12 and a beta of 1.13.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. During the same quarter last year, the firm posted $2.15 earnings per share. The firm's revenue was up 18.0% on a year-over-year basis. Equities research analysts predict that Alphabet Inc. will post 11.53 earnings per share for the current year.

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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