Riverbridge Partners LLC Sells 11,342 Shares of Alphabet Inc. $GOOG

Key Points

• Riverbridge Partners reduced its Alphabet (GOOG) stake by 4.7%, selling 11,342 shares and leaving 230,863 shares valued at about $72.45 million, roughly 1.4% of its portfolio and its 25th largest holding.
• Insider selling has been significant recently — insiders sold 2,092,336 shares worth $112.52 million over the past 90 days, including notable sales by John L. Hennessy and John Kent Walker.
• Fundamentals and outlook: Alphabet beat Q4 estimates (EPS $2.82 vs. $2.59; revenue $113.8B, +18%), is pushing AI initiatives (e.g., TurboQuant), and carries a consensus Buy bias with an average price target around $345.71.

Riverbridge Partners LLC reduced its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 4.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 230,863 shares of the information services provider's stock after selling 11,342 shares during the quarter. Alphabet accounts for approximately 1.4% of Riverbridge Partners LLC's investment portfolio, making the stock its 25th largest holding. Riverbridge Partners LLC's holdings in Alphabet were worth $72,445,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Imprint Wealth LLC purchased a new stake in shares of Alphabet in the 3rd quarter worth approximately $31,000. Manning & Napier Advisors LLC purchased a new position in Alphabet during the third quarter valued at approximately $32,000. Tripletail Wealth Management LLC purchased a new position in Alphabet during the third quarter valued at approximately $40,000. Retirement Wealth Solutions LLC raised its stake in Alphabet by 145.0% in the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider's stock worth $48,000 after buying an additional 116 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC lifted its holdings in Alphabet by 56.8% during the third quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider's stock worth $53,000 after buying an additional 79 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the sale, the director owned 4,631 shares in the company, valued at approximately $1,405,091.71. The trade was a 18.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,092,336 shares of company stock worth $112,519,943 over the last 90 days. Insiders own 12.99% of the company's stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: New AI features and model upgrades (Live Translate expansion, Gemini/Lyria updates) broaden Alphabet's consumer and developer moat and support ad/cloud monetization and ecosystem engagement. Alphabet Stock (GOOGL) Opinions on AI Product Launches
• Positive Sentiment: Alphabet's new compression/efficiency tech (TurboQuant) and related research (and coverage noting cost advantages and custom chips) could materially lower AI infrastructure costs for Google and boost margins long-term. This underpins many analyst bullish calls and elevated price targets. Alphabet Just Introduced Its Newest AI Advantage, and It's Another Reason to Buy the Stock
• Positive Sentiment: Wall Street and independent forecasters remain constructive: multiple buy/outperform ratings and high median price targets (many in the $350–$400+ range) support longer-term upside expectations. Finance experts predict Google stock price for end of 2026
• Neutral Sentiment: Insider transaction data show heavy sales activity over recent months; most appear routine/planned but can add noise to market sentiment. Context: CEO and other insiders have repeatedly sold shares, which some investors interpret as portfolio moves rather than negative signals. Alphabet Stock (GOOGL) Opinions on AI Product Launches
• Neutral Sentiment: Talent moves — Apple hiring a former Google shopping executive to lead its AI marketing — are noteworthy but not material to Alphabet’s core AI and cloud economics today. Apple Recruits Google Shopping Exec to Lead AI Marketing
• Negative Sentiment: A Los Angeles jury found Google (YouTube) liable in a social-media addiction case, imposing a small direct award but raising fears of broader regulation and follow‑on litigation that could increase compliance costs or platform constraints. Investors are treating this as an incremental risk factor. Meta (META) and Google (GOOGL) Held Liable in Landmark Social Media Addiction Lawsuit
• Negative Sentiment: Market volatility following TurboQuant announcements sparked a sell-off in memory and related stocks and contributed to sector rotation that pressured Alphabet shares despite the company-first benefits — short-term headline-driven selling amplified losses. TurboQuant Panic: Why Market Is Wrong About Google's Newest AI Breakthrough

Alphabet Stock Performance

Shares of Alphabet stock opened at $273.14 on Tuesday. The company has a 50 day moving average price of $311.78 and a 200 day moving average price of $296.01. The firm has a market capitalization of $3.30 trillion, a P/E ratio of 25.27, a PEG ratio of 1.60 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.23. 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 the consensus estimate of $111.24 billion. During the same quarter in the previous year, the firm earned $2.15 EPS. Alphabet's revenue was up 18.0% compared to the same quarter last year. Sell-side analysts expect that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet's payout ratio is 7.77%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on GOOG. Piper Sandler reaffirmed an "overweight" rating and set a $395.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Raymond James Financial upgraded Alphabet from an "outperform" rating to a "strong-buy" rating and upped their price objective for the stock from $315.00 to $400.00 in a research note on Thursday, January 22nd. UBS Group reaffirmed a "neutral" rating and set a $348.00 price objective (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Citigroup reiterated a "market outperform" rating on shares of Alphabet in a research note on Wednesday, December 17th. Finally, KeyCorp set a $370.00 target price on shares of Alphabet in a report on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Alphabet has an average rating of "Buy" and an average price target of $345.71.

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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