Alphabet Inc. $GOOGL Shares Sold by Horiko Capital Management LLC

Horiko Capital Management LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 7.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 187,117 shares of the information services provider’s stock after selling 14,864 shares during the quarter. Alphabet accounts for 10.8% of Horiko Capital Management LLC’s portfolio, making the stock its 2nd largest holding. Horiko Capital Management LLC’s holdings in Alphabet were worth $45,531,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Norges Bank purchased a new stake in Alphabet during the second quarter valued at about $21,944,208,000. Berkshire Hathaway Inc acquired a new position in shares of Alphabet in the third quarter worth about $4,338,397,000. Laurel Wealth Advisors LLC raised its holdings in shares of Alphabet by 17,667.7% during the second quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock valued at $2,686,640,000 after acquiring an additional 15,159,273 shares during the period. Capital World Investors lifted its position in shares of Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock valued at $12,910,542,000 after acquiring an additional 11,605,785 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Alphabet by 51.7% in the 2nd quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock valued at $5,607,232,000 after acquiring an additional 10,843,853 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Up 1.1%

Shares of NASDAQ:GOOGL opened at $305.56 on Tuesday. The firm has a fifty day moving average of $318.90 and a two-hundred day moving average of $291.05. 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 Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. The firm has a market capitalization of $3.70 trillion, a P/E ratio of 28.27, a price-to-earnings-growth ratio of 1.77 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. On average, equities analysts expect 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. Stockholders of record on Monday, March 9th were issued 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 was Monday, March 9th. Alphabet’s payout ratio is currently 7.77%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on GOOGL shares. HSBC lifted their price objective on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Rosenblatt Securities increased their target price on Alphabet from $279.00 to $357.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Guggenheim reaffirmed a “buy” rating and issued a $375.00 target price (up from $330.00) on shares of Alphabet in a research report on Monday, December 1st. The Goldman Sachs Group reiterated a “buy” rating and set a $375.00 price target (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Finally, 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. Three 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 stock. According to MarketBeat.com, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus target price of $367.18.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares in the company, valued at $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction that occurred on 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 completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,076,615 shares of company stock worth $107,809,111 in the last quarter. Corporate insiders own 11.55% of the company’s stock.

Trending Headlines about 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

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.