Union Bancaire Privee UBP SA Reduces Holdings in Alphabet Inc. $GOOG

Key Points

• Union Bancaire Privée (UBP) trimmed its Alphabet stake by 22.1% in Q4, selling 176,007 shares and leaving it with 620,461 shares valued at $194.7 million, roughly 2.9% of UBP’s holdings and its ninth-largest position.
• Notable insider and shareholder selling: 2017 Gp L.L.C. sold 1.845 million shares and insiders have sold 2,110,165 shares (≈$118.1 million) in the past three months, which could weigh on short-term sentiment.
• Analysts and fundamentals remain supportive: the consensus rating is largely Buy/Strong Buy with a $345.71 target, and Alphabet beat Q4 estimates with $2.82 EPS and revenue up 18% year‑over‑year.

Union Bancaire Privee UBP SA trimmed its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 22.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 620,461 shares of the information services provider's stock after selling 176,007 shares during the period. Alphabet makes up approximately 2.9% of Union Bancaire Privee UBP SA's holdings, making the stock its 9th biggest holding. Union Bancaire Privee UBP SA's holdings in Alphabet were worth $194,701,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Imprint Wealth LLC acquired a new position in shares of Alphabet in the third quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new stake in Alphabet during the third quarter worth $32,000. Tripletail Wealth Management LLC acquired a new stake in shares of Alphabet during the 3rd quarter valued at about $40,000. University of Illinois Foundation acquired a new stake in Alphabet in the second quarter valued at approximately $31,000. Finally, Retirement Wealth Solutions LLC increased its holdings in Alphabet by 145.0% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider's stock worth $48,000 after acquiring an additional 116 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon — a high‑profile talent win that strengthens Alphabet’s AI research and commercial credentials versus rivals. Read More.
• Positive Sentiment: Google Cloud + CVS launch "Health100" using Gemini models — expands Gemini into consumer healthcare (pharmacy, insurance, wearables) and creates a potential recurring revenue stream for cloud/AI services. Read More.
• Positive Sentiment: Product momentum: Stitch “vibe design” update is drawing real competition away from incumbents (Figma/Adobe) — suggests faster AI‑driven product monetization and market expansion for developer/designer tools. Read More.
• Positive Sentiment: Google struck agreements with five U.S. utilities to curb data‑center power use at peak demand — reduces brownout/cost risk for data‑center expansion and supports more predictable AI operations. Read More.
• Neutral Sentiment: Alphabet is pursuing Pentagon contracts (coverage and video reports) — potential contract upside but comes with employee/PR controversy given industry disputes; outcome is uncertain for near‑term revenue. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: reports that Alphabet is increasing use of Chinese suppliers for advanced liquid cooling raise export‑control and political risks for global AI builds. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and several directors have disclosed recent SEC‑filed share sales — repeated large insider sales can spook short‑term sentiment even if they are scheduled or for diversification. Read More.
• Negative Sentiment: Broader valuation/capex concern: commentary on massive hyperscaler AI capex and uncertain timing of returns is pressuring multiples across cloud/AI names, including Alphabet. Read More.

Analysts Set New Price Targets

GOOG has been the subject of several research reports. Wedbush reiterated an "outperform" rating and set a $370.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Pivotal Research reaffirmed a "buy" rating and set a $420.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Wells Fargo & Company upgraded Alphabet from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. JPMorgan Chase & Co. increased their price objective on Alphabet from $385.00 to $395.00 and gave the stock an "overweight" rating in a research report on Thursday, February 5th. Finally, Piper Sandler reissued an "overweight" rating and issued a $395.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $345.71.

Insider Transactions at Alphabet

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the 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 transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 2,110,165 shares of company stock worth $118,134,117. Corporate insiders own 12.99% of the company's stock.

Alphabet Stock Performance

NASDAQ GOOG opened at $298.79 on Friday. The company has a fifty day moving average of $317.66 and a two-hundred day moving average of $293.01. The company has a market capitalization of $3.61 trillion, a PE ratio of 27.64, a P/E/G ratio of 1.79 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating 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 company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the business posted $2.15 earnings per share. Alphabet's quarterly revenue was up 18.0% on a year-over-year basis. As a group, analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

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

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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