Commonwealth Equity Services LLC Sells 220,783 Shares of Alphabet Inc. $GOOGL

Commonwealth Equity Services LLC cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 8.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,467,049 shares of the information services provider’s stock after selling 220,783 shares during the period. Alphabet makes up 0.8% of Commonwealth Equity Services LLC’s portfolio, making the stock its 16th biggest position. Commonwealth Equity Services LLC’s holdings in Alphabet were worth $599,740,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Leslie Global Wealth LLC boosted its stake in shares of Alphabet by 2.4% in the 3rd quarter. Leslie Global Wealth LLC now owns 2,257 shares of the information services provider’s stock worth $549,000 after buying an additional 52 shares during the last quarter. Sandy Cove Advisors LLC lifted its holdings in Alphabet by 0.9% in the third quarter. Sandy Cove Advisors LLC now owns 14,736 shares of the information services provider’s stock valued at $3,582,000 after acquiring an additional 130 shares during the period. Stanley Laman Group Ltd. boosted its position in Alphabet by 113.4% in the third quarter. Stanley Laman Group Ltd. now owns 73,217 shares of the information services provider’s stock worth $17,799,000 after purchasing an additional 38,915 shares during the last quarter. Glass Wealth Management Co LLC boosted its position in Alphabet by 8.8% in the third quarter. Glass Wealth Management Co LLC now owns 40,293 shares of the information services provider’s stock worth $9,795,000 after purchasing an additional 3,261 shares during the last quarter. Finally, DT Investment Partners LLC grew its stake in shares of Alphabet by 3.2% during the 3rd quarter. DT Investment Partners LLC now owns 12,744 shares of the information services provider’s stock valued at $3,098,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of several recent research reports. Canaccord Genuity Group set a $390.00 price target on shares of Alphabet and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Arete Research raised their target price on Alphabet from $300.00 to $380.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on Alphabet from $260.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Guggenheim restated a “buy” rating and issued a $375.00 price target (up previously from $330.00) on shares of Alphabet in a research report on Monday, December 1st. Finally, Morgan Stanley raised their price objective on Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $326.31.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major strategic wins for Gemini — Apple has chosen Google’s Gemini as the foundation for next‑generation Siri and broader device integrations, giving Alphabet unmatched distribution and a potential licensing revenue stream that underpins the recent rally. Why Apple Chose Google to Power the Future of AI
• Positive Sentiment: Product commercialization accelerating — Google launched a Personal Intelligence beta in the Gemini app (and is rolling Gemini features into Gmail), signaling faster product rollouts and clearer paths to monetize AI across Google’s services. Google launches Personal Intelligence in Gemini app
• Positive Sentiment: Analyst upgrades and valuation milestone — Alphabet surpassed a $4 trillion market cap and received buy‑side bullishness (including a Bank of America price target raise), which supports further multiple expansion and momentum chasing. Alphabet Tops $4 Trillion Valuation
• Neutral Sentiment: Supply chain / hardware moves — Reports Google will develop and manufacture high‑end phones in Vietnam this year; long term this can diversify supply chains but it’s early and capex/timing make the near‑term impact modest. Google to develop, manufacture smartphones in Vietnam
• Neutral Sentiment: Sector dynamics — Articles on data‑infrastructure winners (e.g., Pure Storage) and Microsoft’s retail AI moves highlight rising demand for data centers and competition across the AI stack; these trends are broadly supportive for Alphabet’s cloud/AI TAM but also signal intensifying competition and higher capital intensity. Best Growth Stocks to Buy in 2026
• Negative Sentiment: Power and grid bottlenecks — Google executives say U.S. electrical transmission constraints and decade‑plus wait times to connect new data centers are the biggest obstacle to scaling, which could slow capacity expansion and raise deployment/capex risk. Google says US transmission system is biggest challenge
• Negative Sentiment: App‑store / reputational pressure — A coalition is urging Google to remove X and Grok from app stores, creating potential regulatory/PR friction around content moderation and platform responsibilities that could lead to policy scrutiny or compliance costs. Women’s groups call on Apple, Google to drop X and Grok

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the sale, the insider directly owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This trade represents a 29.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 2,337,119 shares in the company, valued at approximately $662,526,494.12. This represents a 1.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 189,309 shares of company stock valued at $57,724,770. Insiders own 11.64% of the company’s stock.

Alphabet Trading Down 0.0%

Shares of GOOGL stock opened at $335.84 on Thursday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $4.05 trillion, a price-to-earnings ratio of 33.12, a price-to-earnings-growth ratio of 1.85 and a beta of 1.08. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $340.49. The stock’s 50-day moving average price is $309.35 and its 200-day moving average price is $252.67.

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

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given 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, December 8th. Alphabet’s dividend payout ratio is currently 8.28%.

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.