International Assets Investment Management LLC Reduces Position in Alphabet Inc. $GOOGL

Key Points

• International Assets Investment Management LLC reduced its Alphabet stake by 8.7% in the fourth quarter, selling 5,494 shares and leaving it with 57,948 shares valued at about $18.1 million.
• Wall Street remains broadly positive on GOOGL: several analysts raised price targets, and the stock has a consensus rating of Moderate Buy with an average target price of $412.65.
• Alphabet reported strong quarterly results, topping earnings and revenue estimates, and also announced a higher quarterly dividend of $0.22 per share, up from $0.21.

International Assets Investment Management LLC lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,948 shares of the information services provider's stock after selling 5,494 shares during the quarter. Alphabet makes up 1.0% of International Assets Investment Management LLC's portfolio, making the stock its 15th largest holding. International Assets Investment Management LLC's holdings in Alphabet were worth $18,138,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Berkshire Hathaway Inc purchased a new position in shares of Alphabet during the 3rd quarter valued at $4,338,397,000. Vanguard Group Inc. lifted its stake in shares of Alphabet by 2.4% during the 4th quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider's stock valued at $165,567,398,000 after buying an additional 12,531,695 shares in the last quarter. Capital World Investors lifted its stake in shares of Alphabet by 28.0% during the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock valued at $12,910,542,000 after buying an additional 11,605,785 shares in the last quarter. Capital Research Global Investors lifted its stake in shares of Alphabet by 15.7% during the 3rd quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock valued at $12,333,076,000 after buying an additional 6,874,381 shares in the last quarter. Finally, Mizuho Markets Cayman LP lifted its stake in shares of Alphabet by 23,402.1% during the 3rd quarter. Mizuho Markets Cayman LP now owns 6,118,547 shares of the information services provider's stock valued at $1,487,419,000 after buying an additional 6,092,513 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on GOOGL shares. Argus lifted their target price on shares of Alphabet from $365.00 to $385.00 and gave the company a "buy" rating in a research note on Friday, February 6th. Truist Financial lifted their price target on shares of Alphabet from $385.00 to $415.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Jefferies Financial Group reiterated a "buy" rating on shares of Alphabet in a report on Wednesday, May 20th. Wall Street Zen upgraded shares of Alphabet from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Finally, Mizuho lifted their price target on shares of Alphabet from $420.00 to $460.00 and gave the company an "outperform" rating in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Alphabet has an average rating of "Moderate Buy" and a consensus target price of $412.65.

Insider Transactions at Alphabet

In other news, CAO Amie Thuener O'toole sold 617 shares of the business's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at $2,923,235.59. The trade was a 5.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 102 shares of the company's stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00. Following the transaction, the director owned 18,621 shares in the company, valued at $6,908,391. The trade was a 0.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 226,481 shares of company stock worth $27,422,061. 11.61% of the stock is currently owned by corporate insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: At Google I/O 2026, Alphabet unveiled a broader AI lineup, including new Gemini models, AI search features, AI glasses, and ad products designed to monetize conversational search more effectively. Alphabet Just Unveiled Its Most Ambitious AI Lineup Yet
• Positive Sentiment: Google also announced a $15 billion Missouri AI data hub investment, highlighting long-term infrastructure spending, energy efficiency, and community investment that support its AI expansion plans. How Google’s $15 Billion Missouri AI Data Hub Strategy Could Reshape Alphabet’s Investor Narrative
• Positive Sentiment: Reports also noted Google’s push to make ads work inside AI search, suggesting new ways to monetize search traffic as the product shifts toward conversational results. Google Wants Ads to Talk Back in AI Search
• Neutral Sentiment: Alphabet remains widely watched by investors and screening services, keeping the stock in focus but not adding a clear new fundamental catalyst. Investors Heavily Search Alphabet Inc. (GOOGL): Here is What You Need to Know
• Negative Sentiment: Competitive concerns are rising after a TechCrunch report said DuckDuckGo installs jumped as some users rejected Google’s AI search changes, implying possible user pushback. DuckDuckGo installs are up 30% as users reject being ‘force-fed' Google's AI Search
• Negative Sentiment: Alphabet also faces continued antitrust overhang, with reports that the EU is preparing a large fine in its investigation into Google’s practices. EU plans to fine Google high triple-digit million euro sum as part of antitrust investigation: report
• Negative Sentiment: Google is also appealing a court decision tied to its search monopoly, keeping regulatory risk front and center for the stock. Google Appeals Court Decision on Search Monopoly

Alphabet Stock Performance

Alphabet stock opened at $388.88 on Wednesday. The company's 50-day moving average price is $341.07 and its 200-day moving average price is $323.00. Alphabet Inc. has a twelve month low of $162.00 and a twelve month high of $408.61. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The company has a market cap of $4.71 trillion, a PE ratio of 29.66, a price-to-earnings-growth ratio of 1.64 and a beta of 1.26.

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

Alphabet Increases Dividend

The firm also recently announced 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. This is a boost from Alphabet's previous quarterly dividend of $0.21. 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%. Alphabet's payout ratio is presently 6.71%.

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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