Lbp Am Sa Acquires 42,639 Shares of Alphabet Inc. $GOOG

Key Points

• Lbp Am Sa increased its stake in Alphabet by 11% in Q3, buying 42,639 shares to hold 431,349 shares valued at $105,055,000, making Alphabet 1.3% of its portfolio and its 16th largest position.
• Significant insider selling has occurred recently — insiders sold 2,069,531 shares worth $104.16M in the last 90 days (including John Kent Walker and CAO Amie Thuener O'Toole), leaving insiders with 12.99% ownership, a potential cautionary signal.
• Positive catalysts and analyst support include a reported $16B funding round for Waymo (implying ~ $110B valuation), a court win avoiding a $2.36B class‑action penalty, and a strong Wall Street tilt toward Buy ratings with a consensus target of about $330.83 (some targets raised up to $390).

Lbp Am Sa increased its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 11.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 431,349 shares of the information services provider's stock after purchasing an additional 42,639 shares during the quarter. Alphabet accounts for 1.3% of Lbp Am Sa's investment portfolio, making the stock its 16th biggest position. Lbp Am Sa's holdings in Alphabet were worth $105,055,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock valued at $22,901,000 after purchasing an additional 6,410 shares during the period. Access Financial Services Inc. raised its holdings in Alphabet by 5.6% during the 2nd quarter. Access Financial Services Inc. now owns 3,103 shares of the information services provider's stock valued at $550,000 after buying an additional 165 shares during the last quarter. Pinnacle Investment Management Ltd bought a new stake in Alphabet during the 2nd quarter valued at $8,422,000. Wiser Wealth Management Inc boosted its position in Alphabet by 20.9% during the 2nd quarter. Wiser Wealth Management Inc now owns 1,692 shares of the information services provider's stock valued at $300,000 after buying an additional 293 shares during the period. Finally, Montgomery Investment Management Inc. bought a new stake in Alphabet in the 2nd quarter worth $213,000. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Waymo near $110B valuation after a reported $16 billion funding round that would materially increase the value of Alphabet’s self‑driving unit and improve optionality for future monetization or asset realization. Waymo reportedly raising a $16 billion funding round
• Positive Sentiment: Major legal win: a federal judge rejected a bid to force Google to pay an additional $2.36B in a class‑action case, reducing a material litigation overhang and potential liabilities. Google Dodges $2.36B Class Action Penalty
• Positive Sentiment: Analyst and valuation support: multiple firms have recent buy/strong‑buy signals and price targets above current levels; a recent DCF on Seeking Alpha implies upside (~$360/share) driven by AI and ad/cloud momentum. Alphabet: This Is The Moment Of Truth
• Neutral Sentiment: Earnings headline risk: Q4 results (Alphabet/Google) are due Feb. 4; previews highlight three AI/ad/cloud metrics that could swing sentiment — this increases short‑term volatility but could also re‑rate the stock if metrics beat. Alphabet Earnings are Coming
• Neutral Sentiment: Ongoing positive narrative around Alphabet as an AI leader vs. peers (analyst writeups and “AI stock” lists), supporting a higher valuation but already priced into some targets. Alphabet vs. Amazon
• Negative Sentiment: Significant insider/major‑holder selling: a reported block sale of roughly $35.1M by a major shareholder and broader pattern of insider disposals noted in filings — this can pressure sentiment, especially ahead of earnings. Major Shareholder Sells $35,060,852 in Stock
• Negative Sentiment: High visible insider selling and prior open‑market dispositions flagged in aggregated data, which some investors view as a cautionary signal despite institutional buying elsewhere. $GOOGL stock rose 3% this week — Quiver data
• Negative Sentiment: Carriage disputes affecting YouTube TV commerce and partners were spotlighted by Disney’s disclosure of a $110M hit from a YouTube TV carriage fight — highlights risk around distribution negotiations and potential churn/costs for the platform. Disney Reports $110M Hit From YouTube TV Carriage Fight

Insider Transactions at Alphabet

In related news, insider John Kent Walker sold 17,829 shares of the stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the transaction, the insider directly owned 42,972 shares in the company, valued at $13,531,453.08. This trade represents a 29.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Amie Thuener O'toole sold 2,778 shares of Alphabet stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the transaction, the chief accounting officer directly owned 8,962 shares of the company's stock, valued at approximately $2,798,832.60. This trade represents a 23.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,069,531 shares of company stock worth $104,158,826 in the last ninety days. 12.99% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on GOOG shares. Canaccord Genuity Group upped their price objective on shares of Alphabet from $330.00 to $390.00 and gave the company a "buy" rating in a research note on Wednesday, January 7th. Scotiabank reissued an "outperform" rating and issued a $375.00 target price (up from $336.00) on shares of Alphabet in a research note on Friday, January 9th. Hsbc Global Res raised Alphabet to a "strong-buy" rating in a research report on Tuesday, October 7th. BNP Paribas Exane started coverage on Alphabet in a report on Monday, November 24th. They issued an "outperform" rating for the company. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a $365.00 price objective on shares of Alphabet in a research report on Monday, January 5th. Eight investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $330.83.

Alphabet Stock Performance

Alphabet stock opened at $338.53 on Monday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $342.29. The stock's 50 day simple moving average is $320.91 and its two-hundred day simple moving average is $266.82. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market cap of $4.09 trillion, a price-to-earnings ratio of 33.39, a PEG ratio of 1.86 and a beta of 1.10.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet's dividend payout ratio is presently 8.28%.

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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