Triad Investment Management Invests $6.48 Million in Alphabet Inc. $GOOG

Key Points

• Triad Investment Management bought a new position in Alphabet (GOOG) of 20,648 shares worth about $6.48 million, making GOOG roughly 6.6% of Triad’s holdings and its second‑largest position.
• Large institutions (e.g., JPMorgan, State Street, Assenagon) have recently increased or initiated sizable stakes, institutional ownership is about 27.3%, and analysts maintain a consensus "Buy" rating with an average price target of $345.71.
• Alphabet reported a strong quarter (EPS $2.82 vs. $2.59 expected; revenue $113.8B, +18% YoY), carries a ~$3.6 trillion market cap, and pays a quarterly dividend of $0.21 (≈0.3% yield).

Triad Investment Management purchased a new position in Alphabet Inc. (NASDAQ:GOOG - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 20,648 shares of the information services provider's stock, valued at approximately $6,479,000. Alphabet comprises about 6.6% of Triad Investment Management's holdings, making the stock its 2nd biggest position.

A number of other large investors also recently modified their holdings of GOOG. JPMorgan Chase & Co. lifted its position in shares of Alphabet by 8.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock worth $24,240,469,000 after buying an additional 7,904,434 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Alphabet by 73.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider's stock worth $2,388,775,000 after buying an additional 4,154,929 shares during the last quarter. Danske Bank A S bought a new position in shares of Alphabet in the 3rd quarter worth about $678,198,000. Holocene Advisors LP bought a new position in shares of Alphabet in the 2nd quarter worth about $455,745,000. Finally, State Street Corp lifted its position in shares of Alphabet by 1.3% in the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider's stock worth $33,511,477,000 after buying an additional 2,428,266 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Broadcom agreed to a long-term deal to design and supply custom AI chips and components for Google through 2031, strengthening Google’s control over its AI hardware stack and supporting Google Cloud’s cost and performance profile. Broadcom signs long-term deal to develop Google's custom AI chips (Reuters)
• Positive Sentiment: Prominent investors and coverage continue to highlight Alphabet as a top AI/long‑term buy (inclusions on “best S&P 500” lists and billionaire allocations), which supports demand from institutions and helps underpin multiple expansion narratives. Is Alphabet (GOOG) Among the Best S&P 500 Stocks to Buy Right Now? (InsiderMonkey)
• Neutral Sentiment: Wall Street consensus remains constructive (average broker rating = Buy and many buy ratings remain), but some analysts have trimmed price targets recently — a mixed signal that keeps upside linked to execution on AI monetization and cloud. Alphabet Inc. Given Average Rating of "Buy" by Brokerages (AmericanBankingNews)
• Negative Sentiment: A New York Times analysis questions the accuracy and sourcing of Google’s AI‑generated “overviews,” raising reputational and potential regulatory risks that could affect user trust and ad/feature monetization if issues proliferate. How Accurate Are Google's A.I. Overviews? (NYTimes)
• Negative Sentiment: Investors are pressing Big Tech (including Google) over water and power use for data centers, and shareholder resolutions seek more disclosure — any delays or community pushback on builds could slow capacity expansion or raise costs. Investors press Amazon, Microsoft and Google on water, power use in US data centers (Reuters)
• Negative Sentiment: Analysts and investors note Alphabet’s very large planned capital spending (high‑hundreds of billions over coming years), which can pressure margins and free‑cash‑flow in the near term even as it funds AI scale — a tradeoff that could cap short‑term upside. Nobody Believed In Alphabet: In 2026, It Faces Its Biggest Test (Seeking Alpha)

Analyst Ratings Changes

A number of analysts recently weighed in on GOOG shares. Canaccord Genuity Group increased their price objective on shares of Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a report on Wednesday, January 7th. DZ Bank raised shares of Alphabet to a "strong-buy" rating in a report on Monday, February 16th. Wells Fargo & Company raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $345.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $345.71.

Alphabet Stock Up 1.1%

Alphabet stock opened at $297.66 on Tuesday. The stock has a market cap of $3.60 trillion, a price-to-earnings ratio of 27.54, a PEG ratio of 1.80 and a beta of 1.13. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company's 50-day moving average price is $308.28 and its two-hundred day moving average price is $297.57. 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 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Alphabet's quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter last year, the company earned $2.15 EPS. On average, analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The business 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. 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 (DPR) is presently 7.77%.

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the firm'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 transaction, the director owned 4,631 shares of the company's stock, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,101,844 shares of company stock worth $115,147,751 in the last 90 days. Corporate insiders own 12.99% of the company's stock.

Alphabet 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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