Robinhood Asset Management LLC Makes New $20.34 Million Investment in Alphabet Inc. $GOOG

Key Points

• Robinhood Asset Management LLC acquired a new position of 64,807 shares of Alphabet in Q4, valued at about $20.34 million, making GOOG roughly 1.6% of its portfolio and its 15th-largest holding.
• Other institutional investors show sizable buying — notably Worldquant Millennium Advisors raised its stake to 1,865,304 shares (~$330.9M) and Brighton Jones added shares — with hedge funds and institutions owning about 27.26% of Alphabet.
• Alphabet recently beat quarterly expectations (EPS $2.82 vs. $2.59; revenue $113.83B, +18% YoY) and paid a quarterly dividend of $0.21 (annualized $0.84, ~0.3% yield).

Robinhood Asset Management LLC acquired a new position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 64,807 shares of the information services provider's stock, valued at approximately $20,337,000. Alphabet comprises about 1.6% of Robinhood Asset Management LLC's portfolio, making the stock its 15th biggest holding.

A number of other hedge funds have also recently bought and sold shares of GOOG. Brighton Jones LLC boosted its holdings in Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock worth $22,901,000 after acquiring an additional 6,410 shares during the last quarter. Worldquant Millennium Advisors LLC boosted its holdings in shares of Alphabet by 76.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider's stock worth $330,886,000 after buying an additional 806,681 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in shares of Alphabet in the 2nd quarter worth about $658,000. Financial Advisors Network Inc. boosted its holdings in shares of Alphabet by 7.7% in the 2nd quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider's stock worth $1,409,000 after buying an additional 565 shares during the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in shares of Alphabet by 10.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider's stock worth $6,618,000 after buying an additional 3,616 shares during the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term Broadcom TPU deal reduces execution risk on Google’s AI hardware plans and reassures investors about supply for future TPU generations; UBS said the agreement eases a core investor concern. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS
• Positive Sentiment: Alphabet’s expanding AI infrastructure strategy (TPUs + Anthropic collaboration) positions it as a potential AI-infrastructure vendor and differentiator versus GPU incumbents, a catalyst for multiple revenue streams beyond search. Catalyst Alert: Anthropic Deal Makes Alphabet Stock a Must-Buy
• Positive Sentiment: Product-side momentum: Google rolled out an AI-powered Google Finance globally, demonstrating faster product monetization of AI features that can strengthen ad and services engagement. Alphabet: AI-Powered Google Finance Is A Masterstroke
• Positive Sentiment: Institutional buying: prominent investor Stanley Druckenmiller meaningfully increased his Alphabet position, signaling conviction from big-money managers. That can support short-term price strength. Stanley Druckenmiller Made 1 Huge Bet That Still Looks Attractive Today and Cut 2 Top Positions
• Neutral Sentiment: Analyst views mixed: Zacks upgraded Alphabet to a buy (Zacks Rank #2) reflecting improved earnings optimism, while some sell-side firms maintain cautious/hold views — keeps sentiment balanced. What Makes Alphabet (GOOGL) a New Buy Stock
• Neutral Sentiment: Corporate social/skills investments: Google is funding AI training programs for manufacturing workers — positive for public policy and workforce adoption, but limited immediate revenue impact. Google partners on AI training for thousands of American manufacturing workers
• Negative Sentiment: Ad market threat: Multiple reports (eMarketer/WSJ/Reuters) project Meta to surpass Google in net digital-ad revenue in 2026, creating investor concern about Google’s ad-growth leadership and margin trajectory. Meta poised to surpass Google in digital ad revenue for first time, report says
• Negative Sentiment: Waymo’s commercial launches may pressure near-term margins and require more investment before material revenue follows; analysts flag a short-term negative catalyst despite long-term upside. As Waymo Launches in Nashville, Should You Buy, Sell, or Hold GOOGL Stock?

Alphabet Price Performance

NASDAQ GOOG opened at $319.21 on Tuesday. The company has a market cap of $3.86 trillion, a PE ratio of 29.53, a price-to-earnings-growth ratio of 1.95 and a beta of 1.13. Alphabet Inc. has a 52 week low of $148.40 and a 52 week high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The firm's 50-day simple moving average is $305.81 and its two-hundred day simple moving average is $299.79.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company's revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.15 earnings per share. Research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders 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 annualized dividend and a yield of 0.3%. Alphabet's dividend payout ratio is 7.77%.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O'toole sold 617 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the sale, the chief accounting officer directly owned 10,093 shares of the company's stock, valued at $2,923,235.59. This represents a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the sale, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,068,744 shares of company stock valued at $104,505,914. Insiders own 12.99% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on GOOG shares. Citigroup reissued a "market outperform" rating on shares of Alphabet in a report on Wednesday, December 17th. Needham & Company LLC set a $400.00 price target on shares of Alphabet and gave the stock a "buy" rating in a report on Friday, March 13th. Wells Fargo & Company raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. Raymond James Financial raised shares of Alphabet from an "outperform" rating to a "strong-buy" rating and boosted their price target for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Finally, UBS Group reissued a "neutral" rating and issued a $348.00 price target (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Nine equities 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 stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $345.71.

About Alphabet

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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