Triasima Portfolio Management inc. Purchases New Position in Alphabet Inc. $GOOG

Triasima Portfolio Management inc. acquired a new position in shares of Alphabet Inc. (NASDAQ:GOOG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,536 shares of the information services provider’s stock, valued at approximately $861,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in GOOG. Sage Mountain Advisors LLC lifted its holdings in shares of Alphabet by 10.3% in the 3rd quarter. Sage Mountain Advisors LLC now owns 42,188 shares of the information services provider’s stock valued at $10,275,000 after purchasing an additional 3,926 shares during the last quarter. Dynasty Wealth Management LLC purchased a new position in Alphabet during the 3rd quarter worth approximately $6,497,000. Jackson Thornton Wealth Management LLC increased its position in Alphabet by 38.3% during the third quarter. Jackson Thornton Wealth Management LLC now owns 5,961 shares of the information services provider’s stock worth $1,463,000 after buying an additional 1,652 shares during the period. Vaughan David Investments LLC IL lifted its stake in Alphabet by 8.9% in the third quarter. Vaughan David Investments LLC IL now owns 5,556 shares of the information services provider’s stock valued at $1,353,000 after buying an additional 453 shares during the last quarter. Finally, Global View Capital Management LLC purchased a new stake in Alphabet in the third quarter valued at approximately $256,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Mirae Asset added roughly 319,164 shares of GOOGL (~$100M), signaling institutional buying interest into Alphabet. Fund Update: Mirae Asset Global Investments Co., Ltd. Just Disclosed New Holdings
• Positive Sentiment: Needham/Laura Martin reaffirmed a Buy rating and maintained a ~$330 price target, giving Wall Street validation for continued upside. Alphabet’s Enduring Ad Moat: Why OpenAI’s Emerging Ad Model Supports a Buy Rating on GOOGL
• Positive Sentiment: MarketBeat coverage of Pelosi’s portfolio shows continued bullish, leveraged exposure to Alphabet (via LEAPS), which is a signal of long-term conviction from a high-profile investor. Pelosi’s Bullish 2026 Buy List: AI, Power & Dividends
• Positive Sentiment: YouTube is now cited as a top social-media source for AI model training, reinforcing Alphabet’s data advantage for AI products and ads (long-term growth driver). Google’s (GOOGL) YouTube Surpasses Reddit as Top Social Media Source for AI Models
• Neutral Sentiment: Daily market recaps report Alphabet shares trading higher versus the broader market, reflecting the net effect of the items below rather than fresh company-specific catalysts. Alphabet Inc. (GOOG) Outperforms Broader Market: What You Need to Know
• Neutral Sentiment: Alphabet’s VC arm participated in AI ecosystem financings (e.g., Synthesia), which supports long-term AI strategy but is peripheral to near-term earnings. Nvidia and Alphabet VC arms back AI startup Synthesia at $4 billion valuation
• Neutral Sentiment: Alphabet CEO stock sales were reported; such disclosures often trigger short-term attention but are frequently routine or pre-scheduled. Alphabet (NASDAQ:GOOG) CEO Sells $10,637,250.00 in Stock
• Negative Sentiment: Google agreed to a preliminary $68 million settlement over claims Google Assistant unlawfully recorded users — reputational and legal headwinds, though the payout is small versus Alphabet’s size; judge approval is pending. Google pays $68 million to settle claims its voice assistant spied on users
• Negative Sentiment: Emerging ad models from rivals (e.g., OpenAI/ChatGPT ad initiatives) and continued product launches from hyperscalers (Microsoft’s Maia 200 chip) increase competitive pressure on ad and cloud margins over time. ChatGPT Ad Model’s Potential to Shatter META & GOOGL Duopoly

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on GOOG. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $370.00 target price on shares of Alphabet in a research report on Tuesday, January 20th. Raymond James Financial raised shares of Alphabet from an “outperform” rating to a “strong-buy” rating and raised their price objective for the stock from $315.00 to $400.00 in a research report on Thursday. Jefferies Financial Group restated a “buy” rating and issued a $365.00 price objective on shares of Alphabet in a research note on Monday, January 5th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Finally, Truist Financial set a $350.00 price target on Alphabet in a report on Friday, December 5th. Eight investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and a consensus price target of $327.13.

Alphabet Trading Up 1.6%

NASDAQ GOOG opened at $333.59 on Tuesday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $4.03 trillion, a P/E ratio of 32.90, a P/E/G ratio of 1.81 and a beta of 1.09. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $341.20. The firm has a 50-day moving average price of $317.29 and a 200 day moving average price of $262.47.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The firm’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.12 EPS. Equities research analysts expect that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is presently 8.28%.

Insider Buying and Selling

In related news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total value of $10,637,250.00. Following the completion of the sale, the chief executive officer owned 2,211,872 shares in the company, valued at $723,945,705.60. This trade represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the sale, the chief accounting officer directly owned 8,962 shares in the company, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 225,187 shares of company stock valued at $69,365,318 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.