Alphabet Inc. $GOOGL Shares Sold by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 15.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,774 shares of the information services provider's stock after selling 21,230 shares during the period. Alphabet accounts for about 0.9% of Hillsdale Investment Management Inc.'s portfolio, making the stock its 26th largest holding. Hillsdale Investment Management Inc.'s holdings in Alphabet were worth $29,360,000 at the end of the most recent reporting period.AST SpaceMobile Reports Big Revenue Beat as It Continues to ScaleOther hedge funds have also made changes to their positions in the company. Financial Gravity Companies Inc. purchased a new stake in shares of Alphabet during the second quarter worth approximately $31,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Alphabet in the 3rd quarter valued at $53,000. Corsicana & Co. acquired a new stake in Alphabet during the 3rd quarter worth $54,000. Sellwood Investment Partners LLC acquired a new stake in Alphabet during the 3rd quarter worth $63,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in shares of Alphabet by 37.9% during 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 in the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock. Insider Activity at AlphabetIn other news, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total value of $10,439,325.00. Following 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 transaction, the chief accounting officer directly owned 8,962 shares of the company's stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,112,493 shares of company stock worth $118,605,094. 11.64% of the stock is owned by corporate insiders. Key Alphabet NewsIonQ in Rebound Mode: Buy the Thesis, Respect the RiskHere are the key news stories impacting Alphabet this week: Positive Sentiment: Large cloud commercial win — CVS will deploy an AI‑enabled health platform on Google Cloud, validating enterprise demand for recurring cloud/AI revenue and supporting the Google Cloud/Gemini growth story. CVS taps Google Cloud Positive Sentiment: AI partnership continuity — Google said Anthropic will remain available for non‑defense projects after DoD actions, limiting disruption to Alphabet’s access to Anthropic models and enterprise AI offerings. Google says Anthropic remains available Positive Sentiment: Analyst and institutional support — Robert W. Baird lifted its price target to $380 and other firms have boosted targets/ratings recently, reinforcing buy narratives and upside vs. the current price. Baird raises price target Neutral Sentiment: Small insider sales — filings show modest sales by a director and the CAO; routine disclosures that markets note but are not large enough to signal strategic conviction changes. SEC filing — insider sales Neutral Sentiment: Market commentary on recent pullback — coverage (e.g., Zacks) highlights the stock’s slide since earnings and asks whether it can rebound, offering investor viewpoints but no new company fundamentals. Zacks — can it rebound? Negative Sentiment: Legal/PR overhang: a wrongful‑death lawsuit alleges harmful guidance from the Gemini chatbot, raising potential liability, regulatory scrutiny and reputational risk for Alphabet’s core AI investment thesis. Gemini wrongful‑death lawsuit Negative Sentiment: Autonomous‑vehicle scrutiny — the NHTSA/NHTSA‑led safety forum and ongoing probes into Waymo incidents increase regulatory risk and operational uncertainty for the self‑driving unit. NHTSA self‑driving safety forum Negative Sentiment: App store revenue pressure — a settlement with Epic lowered Play Store commission rates (to ~20% + up to 5%), which could modestly reduce Play‑ecosystem take rates and near‑term revenue. Play Store commission cut Negative Sentiment: Macro/geopolitical pressure — recent tensions and tech pullbacks in affected markets (e.g., Dubai exposure) are weighing on large‑cap tech multiples, contributing to negative sentiment around GOOGL. Tech offices respond to U.S.-Iran tensions Analysts Set New Price TargetsSeveral research firms have recently weighed in on GOOGL. Deutsche Bank Aktiengesellschaft raised their price target 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. Wolfe Research raised their target price on shares of Alphabet from $380.00 to $390.00 and gave the stock an "outperform" rating in a research note on Friday, January 23rd. Argus upped their price target on Alphabet from $365.00 to $385.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Wells Fargo & Company set a $354.00 price objective on Alphabet and gave the stock an "equal weight" rating in a research report on Thursday, February 5th. Finally, Robert W. Baird upped their target price on Alphabet from $375.00 to $380.00 and gave the company an "outperform" rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Alphabet currently has an average rating of "Moderate Buy" and a consensus price target of $367.18.MarketBeat Week in Review – 02/23 - 02/27Get Our Latest Stock Analysis on AlphabetAlphabet Trading Down 0.7%Shares of Alphabet stock opened at $298.80 on Friday. The stock has a 50 day moving average of $319.93 and a 200 day moving average of $285.67. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market capitalization of $3.61 trillion, a price-to-earnings ratio of 27.64, a PEG ratio of 1.76 and a beta of 1.10. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts' consensus estimates of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year. Alphabet Announces DividendThe business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given 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 dividend payout ratio is presently 7.77%. About Alphabet (Free Report)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.Further ReadingFive stocks we like better than AlphabetThe gold chart Wall Street is terrified of…America’s 1776 happening againWhat a Former CIA Agent Knows About the Coming CollapseUnlocked: Elon Musk’s Next Big IPOElon Musk already made me a “wealthy man”Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Alphabet Right Now?Before you consider Alphabet, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphabet wasn't on the list.While Alphabet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here