Virtus Family Office LLC Sells 5,519 Shares of Alphabet Inc. $GOOGL

Virtus Family Office LLC cut its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 60.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,673 shares of the information services provider’s stock after selling 5,519 shares during the quarter. Virtus Family Office LLC’s holdings in Alphabet were worth $893,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Delta Asset Management LLC TN grew its stake in Alphabet by 0.6% in the 3rd quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock valued at $1,496,000 after purchasing an additional 37 shares during the period. Matisse Capital raised its holdings in shares of Alphabet by 0.3% in the 3rd quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock valued at $3,601,000 after acquiring an additional 38 shares in the last quarter. Breakwater Investment Management lifted its position in Alphabet by 1.0% during the third quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock valued at $1,028,000 after purchasing an additional 41 shares during the last quarter. Wealth Alliance Advisory Group LLC boosted its holdings in shares of Alphabet by 1.0% in the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after purchasing an additional 41 shares in the last quarter. Finally, Clearview Wealth Advisors LLC boosted its stake in Alphabet by 3.3% in the third quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock worth $312,000 after buying an additional 41 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on GOOGL shares. The Goldman Sachs Group reissued a “buy” rating and set a $375.00 price objective (up previously from $330.00) on shares of Alphabet in a research report on Tuesday, January 13th. China Renaissance lifted their price objective on Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Barclays reaffirmed an “overweight” rating and set a $360.00 target price (up from $315.00) on shares of Alphabet in a report on Thursday, February 5th. Stifel Nicolaus restated a “buy” rating and issued a $395.00 price objective (up from $346.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, BNP Paribas Exane began coverage on Alphabet in a research report on Monday, November 24th. They issued an “outperform” rating and a $355.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $365.86.

Alphabet Stock Performance

GOOGL opened at $314.98 on Friday. The company has a market cap of $3.81 trillion, a P/E ratio of 29.14, a price-to-earnings-growth ratio of 1.78 and a beta of 1.09. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The firm’s 50-day moving average price is $320.32 and its 200-day moving average price is $278.30. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $111.24 billion. As a group, equities analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the transaction, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,112,482 shares of company stock worth $119,145,289. 11.64% of the stock is owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strategic cloud partnerships expanding addressable market — Google announced a deal with Sea Ltd to build AI tools for e‑commerce and gaming, which supports Google Cloud revenue growth in Southeast Asia and demonstrates enterprise demand for its AI stack. Read More.
• Positive Sentiment: Product momentum — Google is rolling Gemini‑powered, music‑focused generative‑AI features (also showing up at competitors), indicating faster consumer AI adoption that could boost engagement and future monetization. Read More.
• Positive Sentiment: Institutional support & analyst upgrades — recent 13F activity and analyst price‑target increases (and MarketBeat coverage) signal long‑term investor conviction that can underpin the stock. Read More.
• Neutral Sentiment: AI infrastructure arms race — NVIDIA–Meta mega‑deal and hyperscaler capex plans validate AI demand but raise competitive and capital‑intensity questions for Google; this is demand‑positive but increases the investment bar. Read More.
• Neutral Sentiment: Alphabet exploring chip/partner strategies — WSJ reports Google is weighing ways to use its balance sheet to better compete with chip suppliers, a strategic move that could reduce long‑run costs or distract management depending on execution. Read More.
• Negative Sentiment: Insider selling — recent disclosed sales by CEO Sundar Pichai and senior exec John Kent Walker (multi‑million dollar sales) can sap near‑term sentiment even if routine for compensation/liquidity reasons. Read More. Read More.
• Negative Sentiment: Security/legal risk — indictment of three engineers accused of stealing Google trade secrets and sending data to Iran raises potential IP, litigation and reputational risks that investors will watch. Read More.
• Negative Sentiment: AI rotation/profit‑taking — some prominent managers have trimmed AI positions in recent 13F filings, which contributes to episodic pressure on hyperscaler multiples. Read More.

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.