Mesirow Financial Investment Management Inc. Sells 4,651 Shares of Alphabet Inc. $GOOGL

Mesirow Financial Investment Management Inc. decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 391,613 shares of the information services provider’s stock after selling 4,651 shares during the quarter. Alphabet comprises approximately 1.7% of Mesirow Financial Investment Management Inc.’s investment portfolio, making the stock its 11th biggest holding. Mesirow Financial Investment Management Inc.’s holdings in Alphabet were worth $95,202,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of GOOGL. Financial Gravity Companies Inc. acquired a new stake in Alphabet during the 2nd quarter worth $31,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Alphabet in the third quarter valued at about $53,000. Corsicana & Co. bought a new position in Alphabet during the third quarter worth about $54,000. Vermillion & White Wealth Management Group LLC raised its position in shares of Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after acquiring an additional 89 shares during the period. Finally, S&T Bank PA boosted its stake in Alphabet by 40.2% during the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after acquiring an additional 99 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Alphabet Stock Performance

GOOGL opened at $308.70 on Thursday. The business’s 50-day simple moving average is $319.56 and its 200 day simple moving average is $288.48. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market capitalization of $3.73 trillion, a PE ratio of 28.56, a PEG ratio of 1.80 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion during 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%. As a group, sell-side analysts expect 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 will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s payout ratio is currently 7.77%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Tigress Financial set a $415.00 target price on shares of Alphabet and gave the company a “strong-buy” rating in a research note on Thursday, February 19th. Citizens Jmp restated a “market outperform” rating and issued a $385.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. DA Davidson raised their price objective on Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Wedbush lifted their target price on Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Finally, Piper Sandler reiterated an “overweight” rating and set a $395.00 price objective (up from $365.00) on shares of Alphabet in a report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $367.18.

Insiders Place Their Bets

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the transaction, the chief accounting officer owned 8,962 shares in the company, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the 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 completion of the transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,112,493 shares of company stock valued at $118,605,094 over the last 90 days. 11.64% of the stock is owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google closed its $32 billion acquisition of Israeli cloud-security firm Wiz, folding Wiz into Google Cloud to bolster cloud and AI security capabilities — a major strategic bet that can expand enterprise revenue and product differentiation for Google Cloud. Google completes $32B acquisition of Wiz
• Positive Sentiment: Alphabet’s GFiber unit is combining with Astound Broadband to form an independent fiber provider majority-owned by Stonepeak; Alphabet will be a minority owner — a deal that monetizes capital-intensive infrastructure, reduces execution risk and frees cash for core cloud/AI investments. Google sells partial stake in fiber business, becomes minority owner of new venture
• Positive Sentiment: Canal+ struck a multi-year deal to use Google Cloud’s generative AI for production and content recommendation — a concrete enterprise win that illustrates continued commercial traction for Google Cloud AI in media. Canal+ taps Google’s AI for video production, content recommendation
• Positive Sentiment: Analyst upgrades and technical commentary are supporting the stock: coverage showing a bullish analyst consensus and MarketBeat noting a stabilizing pullback near $300 have likely encouraged buying from institutional and retail investors. Alphabet (NASDAQ:GOOGL) Trading 2.6% Higher on Analyst Upgrade
• Neutral Sentiment: Google’s increased involvement with Pentagon AI (Agent Designer/GenAI.mil) signals potential contract opportunities but also political scrutiny; revenue upside exists but with reputational/regulatory considerations. Google Deploys AI Agents to Help Pentagon Automate Jobs
• Neutral Sentiment: Reports showing odd/unchanged short-interest figures (zeros or NaN in filings) are effectively non-informative and are unlikely to drive the move in GOOGL today.
• Negative Sentiment: Competitive pressure from Microsoft’s expanding AI-cloud ecosystem (dual-model strategy, Anthropic/OpenAI ties) remains a medium-term risk to Google Cloud’s growth and margins. Microsoft Positioned to Win AI Race With Dual-Model Strategy (GOOGL)
• Negative Sentiment: Governance/compensation scrutiny after reporting of CEO Sundar Pichai’s large incentive package tied to long?term “moonshot” bets could concern some investors worried about pay structure and execution risk. Alphabet CEO Sundar Pichai’s new $692 million compensation package…

Alphabet Company 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.