Humankind Investments LLC Sells 5,481 Shares of Alphabet Inc. $GOOGL

Humankind Investments LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 15.2% during the third quarter, HoldingsChannel reports. The fund owned 30,674 shares of the information services provider’s stock after selling 5,481 shares during the period. Alphabet comprises approximately 1.7% of Humankind Investments LLC’s holdings, making the stock its 11th largest position. Humankind Investments LLC’s holdings in Alphabet were worth $7,457,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in GOOGL. Vanguard Group Inc. boosted its position in shares of Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after buying an additional 6,733,278 shares during the last quarter. State Street Corp lifted its stake in Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after acquiring an additional 4,008,374 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Alphabet by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock valued at $24,857,017,000 after acquiring an additional 4,224,497 shares during the last quarter. Norges Bank purchased a new position in shares of Alphabet during the second quarter valued at approximately $21,944,208,000. Finally, Capital World Investors lifted its position in Alphabet by 28.0% during the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock valued at $12,910,542,000 after purchasing an additional 11,605,785 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the transaction, the chief executive officer directly owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. This represents a 1.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 2,076,615 shares of company stock worth $107,809,111. 11.55% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

GOOGL has been the subject of a number of research reports. Sanford C. Bernstein boosted their target price on shares of Alphabet from $305.00 to $335.00 and gave the company a “market perform” rating in a research note on Monday, February 2nd. New Street Research raised their target price on Alphabet from $330.00 to $380.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Mizuho upped their price target on shares of Alphabet from $400.00 to $410.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. 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, DA Davidson increased their price target on shares of Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $367.18.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market perception that Alphabet has shifted from being “hunted” to a “hunter” in the AI race — investors interpret this as improved competitive positioning for search, ads and cloud monetization, supporting near‑to‑midterm growth expectations. Alphabet (GOOG) gained from its shift in the AI race from being ‘hunted’ to being a ‘hunter’
• Positive Sentiment: Google closed its ~$32B acquisition of Wiz — strengthens cloud security capabilities and enterprise positioning, which should help diversify revenue and deepen enterprise cloud relationships over time. Wiz investor unpacks Google’s $32B acquisition
• Positive Sentiment: Analyst support: Needham reiterated a Buy on GOOGL, which can buoy investor sentiment and act as a near‑term catalyst for buying interest. Alphabet’s (GOOGL) Buy Rating Reiterated at Needham & Company LLC
• Neutral Sentiment: Heavy retail/investor attention and trending stock coverage (Zacks) — increased searches can raise volatility and volume, but are not a direct signal of fundamentals. Alphabet Inc. (GOOG) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Reported short‑interest data shows zero reported short shares and a 0.0 days‑to‑cover — likely a reporting anomaly; not meaningful evidence of decreased bearish positioning.
• Negative Sentiment: EU regulatory risk: European publishers and tech firms are urging the EU to conclude a long antitrust probe and impose a fine on Google over alleged search favoritism — a faster or larger penalty could pressure revenue from search and create operational constraints. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search

Alphabet Stock Up 1.1%

Shares of GOOGL stock opened at $305.56 on Tuesday. The company’s fifty day simple moving average is $318.90 and its two-hundred day simple moving average is $291.05. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The stock has a market cap of $3.70 trillion, a P/E ratio of 28.27, a PEG ratio of 1.77 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOGL) last issued 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 firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

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.