Tema Etfs LLC Sells 7,866 Shares of Alphabet Inc. $GOOGL

Key Points

• Tema Etfs LLC trimmed its stake by 19.9% in Alphabet (NASDAQ:GOOGL) in Q4, selling 7,866 shares and leaving it with 31,593 shares valued at about $9.89 million.
• Positive operational catalysts—strong Google Cloud/AI momentum and partnerships (Intel, Broadcom)—have prompted analyst upgrades and support a consensus rating of Moderate Buy with an average price target of $367.33.
• Significant insider selling occurred recently: CEO Sundar Pichai sold 32,500 shares (~$10.0M) and insiders sold roughly 2.07 million shares (~$104.7M) in the last quarter, though insiders still own 11.64% of the company.

Tema Etfs LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 19.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 31,593 shares of the information services provider's stock after selling 7,866 shares during the quarter. Tema Etfs LLC's holdings in Alphabet were worth $9,889,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. PMV Capital Advisers LLC acquired a new position in Alphabet in the 4th quarter worth about $38,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Alphabet during the 3rd quarter valued at about $53,000. iSAM Funds UK Ltd bought a new stake in shares of Alphabet during the 3rd quarter valued at about $53,000. Corsicana & Co. bought a new stake in shares of Alphabet during the 3rd quarter valued at about $54,000. Finally, Sellwood Investment Partners LLC bought a new position in Alphabet in the third quarter worth approximately $63,000. Institutional investors and hedge funds own 40.03% of the company's stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Expanded Google–Intel AI infrastructure partnership boosts visibility for Google Cloud capacity and lowers execution risk for AI workloads hosted on Google’s platform. Investors view deeper Intel ties as supportive of sustained cloud/AI demand. Read More.
• Positive Sentiment: Broadcom–Google/Anthropic TPU and networking deals lock in multi‑year supply for Google’s custom AI racks, strengthening Alphabet’s hardware stack and third‑party TPU offerings — a structural positive for Google Cloud inference/train economics. Read More.
• Positive Sentiment: Google Cloud momentum: recent writeups highlight ~50% Q4 cloud growth, a large cloud backlog and heavy capex to expand TPU/data center capacity — the operating story supporting higher revenue visibility and margin improvement. Read More.
• Positive Sentiment: Project Glasswing and broader industry cybersecurity initiatives (including banks and big tech) reduce AI‑related operational risk for cloud providers and reinforce Google’s role in enterprise AI security cooperation. That should reassure enterprise customers. Read More.
• Positive Sentiment: Analyst support is increasing: Needham and Cantor Fitzgerald reiterated bullish ratings with elevated price targets, and William O'Neil reinstated a Buy — near‑term sentiment tailwind for the shares. Read More.
• Positive Sentiment: Waymo geographic expansion (Nashville) and Wing/ DoorDash drone rollout (Atlanta) provide concrete commercialization updates for Alphabet’s non‑Search growth engines, supporting optionality beyond ads. Read More. / Read More.
• Neutral Sentiment: Coverage pieces and investor guides (Fool, MarketBeat) reiterate Alphabet’s long‑term AI/cloud story — helpful for sentiment but not new operational data. Read More.
• Neutral Sentiment: Mentions of Alphabet’s stake in SpaceX and “hidden assets” offer valuation debate fodder; potential upside if monetized but uncertain timing. Read More.
• Negative Sentiment: Operational headwinds flagged for hyperscalers (community pushback, water/land/energy constraints) as some data‑center projects face delays or cancellations — a potential capex/expansion risk for cloud capacity plans. Read More.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GOOGL. Citigroup lifted their target price on Alphabet from $350.00 to $390.00 and gave the company a "buy" rating in a research report on Friday, February 6th. DA Davidson raised their target price on Alphabet from $300.00 to $310.00 and gave the stock a "neutral" rating in a research report on Thursday, February 5th. Raymond James Financial raised Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, January 22nd. Rosenblatt Securities lifted their price objective on Alphabet from $279.00 to $357.00 and gave the company a "neutral" rating in a research note on Thursday, February 5th. Finally, Truist Financial set a $385.00 price target on Alphabet in a research note on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $367.33.

Alphabet Trading Up 0.4%

NASDAQ GOOGL opened at $318.49 on Friday. 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 twelve month low of $146.10 and a twelve month high of $349.00. The firm has a market capitalization of $3.85 trillion, a PE ratio of 29.46, a P/E/G ratio of 1.96 and a beta of 1.12. The stock's 50 day moving average is $307.27 and its 200 day moving average is $297.90.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Research analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is currently 7.77%.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the transaction, the chief executive officer directly owned 1,642,060 shares of the company's stock, valued at approximately $505,573,853.40. This trade represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Kent Walker sold 8,993 shares of the stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the transaction, the insider directly owned 51,808 shares of the company's stock, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,069,344 shares of company stock worth $104,708,426. Insiders own 11.64% of the company's stock.

About Alphabet

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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