Advanced Asset Management Advisors Inc trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 29.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,642 shares of the information services provider’s stock after selling 20,000 shares during the period. Alphabet accounts for approximately 3.2% of Advanced Asset Management Advisors Inc’s holdings, making the stock its 5th largest holding. Advanced Asset Management Advisors Inc’s holdings in Alphabet were worth $11,825,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after buying an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Alphabet by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after acquiring an additional 506 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its position in Alphabet by 32.2% during the first quarter. Kovitz Investment Group Partners LLC now owns 1,932,813 shares of the information services provider’s stock valued at $298,890,000 after purchasing an additional 470,367 shares during the last quarter. AAF Wealth Management LLC grew its stake in Alphabet by 4.0% in the first quarter. AAF Wealth Management LLC now owns 4,283 shares of the information services provider’s stock valued at $662,000 after purchasing an additional 164 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of Alphabet by 24.2% during the 1st quarter. Empowered Funds LLC now owns 286,057 shares of the information services provider’s stock worth $44,236,000 after purchasing an additional 55,755 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on GOOGL. Citic Securities increased their price target on shares of Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. President Capital upped their target price on shares of Alphabet from $258.00 to $323.00 and gave the company a “buy” rating in a report on Thursday, November 6th. New Street Research raised their target price on shares of Alphabet from $275.00 to $295.00 in a research note on Friday, October 24th. Hsbc Global Res upgraded Alphabet to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, Citizens Jmp upped their price objective on Alphabet from $340.00 to $385.00 and gave the company a “market outperform” rating in a research note on Wednesday, December 31st. Four analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $320.12.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Strong AI hardware strategy and sentiment shift — Coverage argues Alphabet’s custom AI chip/TPU roadmap and clearer monetization plans are reshaping investor expectations and could drive a breakout toward new highs as AI spending accelerates. Alphabet Stock Eyes Breakout Above All-Time High
- Positive Sentiment: Cloud + Gemini monetization pickup — Analysts and commentators highlight that Google Cloud’s AI product rollout (Gemini integration, Overviews, enterprise AI services) is reaching an inflection point, improving revenue mix and margins for 2026. Alphabet’s AI Cloud Moment May Finally Be Here
- Positive Sentiment: Distribution scale via partners — Samsung plans to double the number of devices running Google’s Gemini features to ~800M units this year, a large-scale distribution win that supports mobile AI adoption and ad/Cloud engagement. Samsung to double mobile devices powered by Google’s Gemini
- Positive Sentiment: Analyst upgrades and price‑target lifts — Argus raised its price target to $365 (buy), and MarketBeat/other outlets show broad bullish analyst revisions heading into 2026, supporting upside expectations and institutional inflows. Argus adjusts price target on Alphabet to $365
- Positive Sentiment: Broader bullish repositioning into AI leaders — MarketBeat pieces highlight Alphabet among the most‑upgraded/rewired tech names for 2026, reflecting momentum in analyst sentiment and flows that favor AI/cloud leaders. 5 Stocks Wall Street Repriced Higher Heading Into 2026
- Neutral Sentiment: Defense and energy partnerships alter investment profile — Coverage notes Alphabet’s Pentagon‑backed AI work and an Intersect Power deal, which can broaden revenue sources but also adds defense exposure and ESG/government contracting complexity. Impact is mixed for multiples and investor cohorts. How Alphabet’s Pentagon‑Backed AI Push and Intersect Power Deal Has Changed Its Investment Story
- Negative Sentiment: Local legal/regulatory noise — Indonesian prosecutors filed graft charges linked to laptop procurement tied to Google; while not a company‑level financial shock, such cases add regional legal risk and headline volatility that can sap risk appetite short‑term. Ex-Indonesian minister faces graft charges over Google laptop
Insider Transactions at Alphabet
In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $288.26, for a total transaction of $800,786.28. Following the transaction, the chief accounting officer directly owned 11,739 shares in the company, valued at approximately $3,383,884.14. This represents a 19.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 of the company’s stock, valued at approximately $662,526,494.12. This represents a 1.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 192,687 shares of company stock valued at $56,255,711. Corporate insiders own 11.55% of the company’s stock.
Alphabet Price Performance
GOOGL stock opened at $314.43 on Wednesday. The company’s 50-day moving average price is $303.41 and its two-hundred day moving average price is $246.53. The firm has a market cap of $3.79 trillion, a P/E ratio of 31.01, a P/E/G ratio of 1.75 and a beta of 1.08. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $328.83.
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The firm had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. On average, analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.
Alphabet Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is presently 8.28%.
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.
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