Tema Etfs LLC Lowers Stock Holdings in Alphabet Inc. $GOOG

Key Points

• Tema Etfs LLC reduced its stake in Alphabet by 23.0%, selling 7,668 shares and finishing the quarter with 25,622 shares valued at about $8.04 million.
• Alphabet beat quarterly expectations, reporting $2.82 EPS vs. $2.59 estimated and $113.83 billion in revenue (up 18% year‑over‑year), with strong margins (net margin 32.81%, ROE 35.01%).
• Despite a consensus "Buy" rating and a $345.71 average target, insiders have sold roughly 2.1 million shares (~$115 million) in the past three months, which could add short‑term selling pressure.

Tema Etfs LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 23.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,622 shares of the information services provider's stock after selling 7,668 shares during the period. Tema Etfs LLC's holdings in Alphabet were worth $8,040,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of GOOG. Imprint Wealth LLC bought a new position in Alphabet in the third quarter worth approximately $31,000. Manning & Napier Advisors LLC purchased a new position in Alphabet during the 3rd quarter worth $32,000. Tripletail Wealth Management LLC bought a new stake in Alphabet during the 3rd quarter valued at $40,000. Retirement Wealth Solutions LLC raised its position in Alphabet by 145.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider's stock valued at $48,000 after purchasing an additional 116 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC lifted its holdings in shares of Alphabet by 56.8% in the 3rd 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.

Alphabet Price Performance

Shares of GOOG stock opened at $297.66 on Tuesday. The stock's 50-day moving average is $308.28 and its 200 day moving average is $297.57. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $350.15. 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 company has a market cap of $3.60 trillion, a P/E ratio of 27.54, a PEG ratio of 1.80 and a beta of 1.13.

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

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given 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 yield of 0.3%. Alphabet's dividend payout ratio is presently 7.77%.

Analyst Upgrades and Downgrades

GOOG has been the topic of a number of recent research reports. Cantor Fitzgerald reissued a "neutral" rating on shares of Alphabet in a research report on Tuesday, January 20th. Piper Sandler reaffirmed an "overweight" rating and issued a $395.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. KeyCorp set a $370.00 target price on shares of Alphabet in a report on Thursday, February 5th. DZ Bank raised shares of Alphabet to a "strong-buy" rating in a research report on Monday, February 16th. Finally, Wedbush restated an "outperform" rating and issued a $370.00 price target 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 issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $345.71.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Broadcom signed a long‑term agreement to develop and supply Google’s future custom AI chips (through 2031) and expanded compute arrangements that also involve Anthropic — this secures a key supply chain component for Google’s next‑gen AI racks and supports Google Cloud/Gemini scale. Broadcom signs long-term deal to develop Google's custom AI chips
• Positive Sentiment: Investor/analyst backing is resurfacing: billionaire/allocations (Druckenmiller, Ken Griffin mentions) and fresh analyst notes keep a constructive view on GOOGL’s AI and cloud growth — supportive for sentiment and demand for shares. Alphabet is a Top AI Stock Pick of Billionaire Ken Griffin
• Neutral Sentiment: Google adjusted Gemini pricing for different AI workloads — this gives developers more levers to trade cost vs. performance and could help adoption and monetization, but the revenue impact will depend on uptake and pricing mix. Google Adjusts Gemini Pricing for Different AI Workloads
• Negative Sentiment: Large planned 2026 capital spending (reports cite ~$175–$185B / ~$180B) is a double‑edged sword — it underpins AI/cloud leadership but will likely pressure margins and free cash flow in the near term. Nobody Believed In Alphabet: In 2026, It Faces Its Biggest Test
• Negative Sentiment: Shareholder and community pressure over water and power use at data centers is rising — potential project delays, cancellations or increased compliance costs are execution risks for expansion plans. Investors press Amazon, Microsoft and Google on water, power use in US data centers
• Negative Sentiment: Reports that Google’s AI “Overviews” can be manipulated by scammers have triggered anti‑spam fixes — a reminder that product reliability and user trust issues could impact search experience and ad monetization if not fully resolved. Alphabet Faces AI Overview Fraud Questions
• Negative Sentiment: Visible insider selling and mixed institutional flows (large rebalances reported) add a technical/headline headwind that can amplify short‑term volatility despite strong fundamentals. Quiver Quantitative summary of opinions and insider activity

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 112 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director owned 18,418 shares in the company, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Amie Thuener O'toole sold 617 shares of the firm's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares of the company's stock, valued at $2,923,235.59. The trade was a 5.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,101,844 shares of company stock valued at $115,147,751 over the last three months. Company insiders own 12.99% of the company's stock.

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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