Abner Herrman & Brock LLC Invests $568,000 in Alphabet Inc. $GOOGL

Abner Herrman & Brock LLC purchased a new stake in shares of Alphabet Inc. (NASDAQ:GOOGL) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,338 shares of the information services provider’s stock, valued at approximately $568,000.

A number of other institutional investors also recently bought and sold shares of the stock. Truist Financial Corp lifted its stake in Alphabet by 2.3% during the second quarter. Truist Financial Corp now owns 2,546,012 shares of the information services provider’s stock worth $448,684,000 after purchasing an additional 56,295 shares during the last quarter. Bridgeway Capital Management LLC increased its stake in Alphabet by 17.9% in the first quarter. Bridgeway Capital Management LLC now owns 88,187 shares of the information services provider’s stock valued at $13,637,000 after purchasing an additional 13,371 shares during the last quarter. Alaethes Wealth LLC raised its holdings in Alphabet by 1.1% during the first quarter. Alaethes Wealth LLC now owns 7,646 shares of the information services provider’s stock worth $1,182,000 after purchasing an additional 84 shares in the last quarter. Moment Partners LLC lifted its position in shares of Alphabet by 9.3% during the 2nd quarter. Moment Partners LLC now owns 5,896 shares of the information services provider’s stock worth $1,039,000 after buying an additional 504 shares during the last quarter. Finally, Welch Group LLC lifted its position in shares of Alphabet by 4.0% during the 2nd quarter. Welch Group LLC now owns 64,262 shares of the information services provider’s stock worth $11,325,000 after buying an additional 2,467 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Key Stores Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst and retail outlets continue to list Alphabet as a core long-term AI holding, highlighting its stakes across Search, Cloud and other AI niches — reinforcing the narrative that GOOGL is a durable beneficiary of multi‑trillion-dollar AI opportunity. Buy and Hold: 5 Artificial Intelligence (AI) Stocks to Own Through 2035
• Positive Sentiment: Comparisons with Adobe emphasize Alphabet’s AI momentum in Search and Cloud, suggesting GOOGL has a competitive edge in AI-driven enterprise and ad products — a vindication for investors focused on durable revenue growth. ADBE vs. GOOGL: Which AI-Driven Tech Stock Has an Edge Now?
• Positive Sentiment: Cloud coverage groups Alphabet with Amazon and Microsoft as key plays for an AI-driven cloud/data-center cycle in 2026 — supporting upside to Cloud revenue and infrastructure spending forecasts. 3 Cloud Computing Stocks to Buy Before 2026 as Digital Demand Soars
• Neutral Sentiment: MarketBeat’s week-in-review notes Alphabet’s strong 2025 performance and frames the recent pullback as a potential “buy‑the‑dip” setup supported by institutional conviction — useful for tactical buyers but not a catalyst by itself. MarketBeat Week in Review – 12/22 – 12/26 (GOOGL)
• Neutral Sentiment: Product signals: Google is testing a Gmail feature to let users change addresses without losing data (first visible in Hindi guidance), showing ongoing product innovation that supports user engagement but is not material to near‑term revenue. Google is rolling out a new feature allowing users to change their Gmail address
• Neutral Sentiment: Coverage on quantum computing places Alphabet among legacy players getting closer to useful quantum tech — a constructive long‑term story but unlikely to move quarters of revenue in the near term. 3 Genius Quantum Computing Stocks to Buy for 2026
• Negative Sentiment: A Reuters report about a San Francisco power outage that left Waymo robotaxis stranded raises operational and PR concerns for Alphabet’s autonomous‑vehicle ambitions (Waymo sits under Alphabet’s Other Bets), highlighting execution and emergency‑readiness risks that can pressure sentiment on the “moonshot” side of the business. Waymo’s San Francisco outage raises doubts over robotaxi readiness during crises

Analyst Upgrades and Downgrades

A number of research firms recently commented on GOOGL. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 7th. Piper Sandler restated an “overweight” rating and issued a $365.00 price objective (up previously from $330.00) on shares of Alphabet in a research note on Thursday, December 11th. HSBC lifted their target price on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. New Street Research boosted their target price on Alphabet from $275.00 to $295.00 in a report on Friday, October 24th. Finally, Melius Research upped their target price on Alphabet from $220.00 to $255.00 in a research report on Thursday, September 25th. Four research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $315.90.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $313.51 on Friday. The stock has a fifty day moving average price of $295.59 and a 200 day moving average price of $239.17. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $328.83. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market cap of $3.78 trillion, a PE ratio of 30.92, a P/E/G ratio of 1.80 and a beta of 1.07.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Sell-side analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s payout ratio is 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, November 5th. The shares were sold at an average price of $283.48, for a total value of $9,213,100.00. Following the completion of the sale, the chief executive officer owned 2,337,119 shares in the company, valued at $662,526,494.12. This trade represents a 1.37% 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 Alphabet stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $250.05, for a total value of $694,638.90. Following the completion of the sale, the chief accounting officer directly owned 14,516 shares in the company, valued at $3,629,725.80. This represents a 16.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 226,128 shares of company stock valued at $63,183,331 over the last ninety days. Corporate insiders own 11.64% of the company’s stock.

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.