Northeast Investment Management Sells 6,421 Shares of Alphabet Inc. $GOOGL

Northeast Investment Management lessened its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 1.2% during the third quarter, HoldingsChannel.com reports. The fund owned 533,198 shares of the information services provider’s stock after selling 6,421 shares during the period. Alphabet makes up about 5.2% of Northeast Investment Management’s holdings, making the stock its 4th biggest holding. Northeast Investment Management’s holdings in Alphabet were worth $129,620,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after acquiring an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Alphabet by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after purchasing an additional 506 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC increased its stake in shares of Alphabet by 9.6% in the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 4,900 shares of the information services provider’s stock valued at $862,000 after buying an additional 431 shares during the period. Matrix Asset Advisors Inc. NY raised its holdings in Alphabet by 17.6% in the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock valued at $685,000 after buying an additional 581 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in Alphabet by 11.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after buying an additional 48,805 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $306.73, for a total value of $184,038.00. Following the completion of the sale, the director owned 20,624 shares in the company, valued at $6,325,999.52. The trade was a 2.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the sale, the insider directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 2,078,926 shares of company stock valued at $108,426,720. 11.55% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on GOOGL. Evercore reaffirmed an “outperform” rating and issued a $400.00 price objective (up from $325.00) on shares of Alphabet in a research note on Thursday, February 5th. Piper Sandler restated an “overweight” rating and issued a $395.00 target price (up from $365.00) on shares of Alphabet in a report on Thursday, February 5th. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Wells Fargo & Company set a $354.00 target price on shares of Alphabet and gave the company an “equal weight” rating in a research report on Thursday, February 5th. Finally, Arete Research increased their price target on Alphabet from $380.00 to $405.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $366.57.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big, sustained AI and cloud investment supports long-term growth thesis: reports show Alphabet is among the large tech players pouring billions into AI infrastructure and chips, reinforcing expectations for continued revenue/market-share gains in AI services. Microsoft and Alphabet Spend Billions On AI: A Closer Look
• Positive Sentiment: Product and infrastructure wins — Google Cloud strong growth and strategic partnerships (including Rakuten integration and recent mapping/export approvals and clean-energy data centers) underline secular revenue drivers and operational resilience. Alphabet (GOOGL) Valuation Check As AI Infrastructure Push And Capex Plans Draw Investor Focus
• Neutral Sentiment: Heightened investor attention and analyst commentary keep stock in focus — multiple pieces note strong interest and differing views on valuation vs. capex plans; this raises volatility but not a clear directional signal. Alphabet Inc. (GOOG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Short-interest data in feeds is showing anomalous/zero values and should be treated as noise rather than a market-moving signal for now.
• Negative Sentiment: Geopolitical risk hit sentiment today: tech firms temporarily closed Middle East offices and markets sold off amid rising U.S.-Iran tensions, prompting defensive positioning that weighs on high-beta, growth names like Alphabet. Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
• Negative Sentiment: Employee and policy scrutiny over military use of AI (letters and internal pressure) could complicate government contracts and public perception as Google negotiates over Gemini-related work with the Pentagon. Google employees call for military limits on AI amid Iran strikes, Anthropic fallout
• Negative Sentiment: Regulatory/safety risk from Waymo: the NTSB is probing incidents of Waymo vehicles illegally passing stopped school buses — a development that raises liability, regulatory scrutiny and reputational risk for Alphabet’s autonomous-vehicle ambitions. NTSB says Waymo robotaxis illegally passed stopped school buses in new incidents

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $303.58 on Wednesday. The stock has a market cap of $3.67 trillion, a P/E ratio of 28.08, a P/E/G ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The company has a 50 day moving average of $320.71 and a 200 day moving average of $284.77. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11.

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

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given a dividend of $0.21 per share. The ex-dividend date is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

Alphabet Profile

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.