Alphabet Inc. $GOOGL Shares Bought by Southeast Asset Advisors LLC

Southeast Asset Advisors LLC grew its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 148.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,332 shares of the information services provider’s stock after buying an additional 13,937 shares during the quarter. Alphabet comprises 0.6% of Southeast Asset Advisors LLC’s holdings, making the stock its 26th biggest position. Southeast Asset Advisors LLC’s holdings in Alphabet were worth $5,672,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of GOOGL. Financial Gravity Companies Inc. bought a new stake in shares of Alphabet in the 2nd quarter worth approximately $31,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Alphabet in the 3rd quarter worth approximately $53,000. Corsicana & Co. acquired a new position in Alphabet in the 3rd quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after buying an additional 89 shares during the period. Finally, S&T Bank PA grew 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 valued at $61,000 after acquiring an additional 99 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

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?

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $319.50, for a total value of $10,383,750.00. Following the transaction, the chief executive officer owned 2,272,119 shares in the company, valued at $725,942,020.50. This trade represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction dated 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 sale, the insider directly owned 13,227 shares of the company’s stock, valued at $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 have sold a total of 2,111,426 shares of company stock valued at $118,810,470 over the last 90 days. 11.55% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

GOOGL has been the topic of several research analyst reports. Wolfe Research boosted their price target on shares of Alphabet from $380.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft increased their price target on Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $370.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Sanford C. Bernstein boosted their target price on shares of Alphabet from $305.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, February 2nd. Finally, Bank of America boosted their price target on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Three equities research 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’s stock. Based on data from MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and a consensus target price of $366.57.

Alphabet Stock Performance

NASDAQ GOOGL opened at $306.52 on Tuesday. The company has a 50 day moving average of $320.92 and a 200-day moving average of $284.07. 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 Inc. has a 1-year low of $140.53 and a 1-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.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping 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 company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. On average, equities analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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