Skandinaviska Enskilda Banken AB publ Sells 57,740 Shares of Alphabet Inc. $GOOGL

Skandinaviska Enskilda Banken AB publ cut its stake in Alphabet Inc. (NASDAQ:GOOGL) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,611,769 shares of the information services provider’s stock after selling 57,740 shares during the period. Alphabet makes up about 2.6% of Skandinaviska Enskilda Banken AB publ’s portfolio, making the stock its 7th biggest holding. Skandinaviska Enskilda Banken AB publ’s holdings in Alphabet were worth $634,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. Moment Partners LLC grew its position in Alphabet by 9.3% during the 2nd quarter. Moment Partners LLC now owns 5,896 shares of the information services provider’s stock worth $1,039,000 after acquiring an additional 504 shares during the last quarter. Brooktree Capital Management acquired a new stake in shares of Alphabet during the second quarter valued at about $352,000. Griffin Asset Management Inc. grew its holdings in shares of Alphabet by 13.9% during the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock worth $14,277,000 after purchasing an additional 7,180 shares during the last quarter. Sovran Advisors LLC increased its stake in shares of Alphabet by 23.6% in the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock valued at $5,401,000 after buying an additional 4,241 shares during the period. Finally, Birchcreek Wealth Management LLC raised its holdings in Alphabet by 2.9% in the 2nd quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock valued at $1,415,000 after buying an additional 223 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet Stock Down 1.7%

Shares of Alphabet stock opened at $306.52 on Tuesday. The stock’s 50-day moving average is $320.92 and its 200 day moving average is $284.07. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The firm has a market cap of $3.71 trillion, a price-to-earnings ratio of 28.36, a PEG ratio of 1.83 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 (NASDAQ:GOOGL) last issued its quarterly 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 firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Equities research analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 7.77%.

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 933 shares of Alphabet stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the sale, the chief accounting officer directly owned 9,916 shares of the company’s stock, valued at approximately $3,337,229.80. The trade was a 8.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The stock was 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 $3,987,279.15. This trade represents a 78.25% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 2,111,426 shares of company stock valued at $118,810,470. 11.55% of the stock is currently owned by corporate insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud remains a major growth engine — Q4 cloud revenue grew ~48%, underscoring ongoing monetization of AI/services and supporting long-term revenue expectations. Is Alphabet Stock a Buy?
• Positive Sentiment: Strategic partner deal: Rakuten’s cloud-native storage is now pre-integrated with Google Distributed Cloud Connected Servers — a win for GCP’s hybrid/cloud stack and channel adoption. MWC 2026: Rakuten Cloud-Native Storage Now Built into Google Distributed Cloud Connected Servers
• Positive Sentiment: Regulatory and sustainability progress: South Korea granted conditional approval to export high‑precision map data (removing a long-standing barrier for Google Maps there) and Alphabet announced new clean‑powered data centers with very large long‑duration batteries — supporting geographic expansion and energy cost/ESG positioning. Alphabet’s Mapping Breakthrough And Clean Energy Push Reshape Growth Prospects
• Neutral Sentiment: Meta’s AI chip deals include large leases for Google TPUs — this can be incremental revenue for Google Cloud but also reflects shifting competitive dynamics in AI infrastructure. Meta AI Chip Deals Reshape Costs As Shares Trade Below Targets
• Neutral Sentiment: Short‑interest data in recent filings are noisy/insignificant (report shows zero/NaN), so there’s no clear short‑squeeze pressure driving today’s move. (Data appears unreliable.)
• Negative Sentiment: Rising investor caution on AI names: several pieces note that Wall Street’s sentiment toward AI stocks cooled in early March, contributing to portfolio trimming and share weakness in high‑multiple tech names including Alphabet. 2 Top Artificial Intelligence Stocks to Buy Right Now
• Negative Sentiment: Capital spending outlook: coverage flagged Alphabet’s potential for materially higher capex (estimates pointing toward a sharp rise, cited as approaching ~$200B in 2025), which could pressure near‑term margins and investor sentiment around free cash flow. Is Alphabet Stock a Buy?

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Citigroup boosted their target price on shares of Alphabet from $350.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Alphabet from $370.00 to $390.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Tigress Financial set a $415.00 target price on Alphabet and gave the stock a “strong-buy” rating in a research report on Thursday, February 19th. Loop Capital upped their price target on Alphabet from $320.00 to $355.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Finally, Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $366.57.

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.