Alphabet Inc. $GOOGL Shares Acquired by Spire Wealth Management

Spire Wealth Management boosted its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 5.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 199,451 shares of the information services provider’s stock after acquiring an additional 9,541 shares during the quarter. Alphabet accounts for 1.7% of Spire Wealth Management’s portfolio, making the stock its 8th largest position. Spire Wealth Management’s holdings in Alphabet were worth $48,486,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in GOOGL. Harfst & Associates Inc. grew its stake in shares of Alphabet by 1.7% in the third quarter. Harfst & Associates Inc. now owns 19,487 shares of the information services provider’s stock worth $4,737,000 after purchasing an additional 329 shares in the last quarter. Realta Investment Advisors lifted its holdings in Alphabet by 22.4% in the third quarter. Realta Investment Advisors now owns 13,299 shares of the information services provider’s stock worth $3,233,000 after purchasing an additional 2,431 shares during the period. Signature Wealth Management Partners LLC grew its position in Alphabet by 1.3% in the 3rd quarter. Signature Wealth Management Partners LLC now owns 11,684 shares of the information services provider’s stock valued at $2,840,000 after buying an additional 154 shares in the last quarter. Strategic Blueprint LLC increased its stake in Alphabet by 4.7% during the 3rd quarter. Strategic Blueprint LLC now owns 76,476 shares of the information services provider’s stock valued at $18,591,000 after buying an additional 3,401 shares during the period. Finally, Integras Partners LLC acquired a new position in Alphabet during the 3rd quarter valued at about $264,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Analysts Set New Price Targets

GOOGL has been the subject of a number of research analyst reports. Guggenheim reaffirmed a “buy” rating and issued a $375.00 price target (up from $330.00) on shares of Alphabet in a research note on Monday, December 1st. Citizens Jmp upped their target price on Alphabet from $340.00 to $385.00 and gave the stock a “market outperform” rating in a research report on Wednesday, December 31st. KeyCorp reaffirmed an “overweight” rating and set a $300.00 price target (up from $265.00) on shares of Alphabet in a research note on Monday, October 27th. JMP Securities reissued a “market outperform” rating and issued a $290.00 price objective on shares of Alphabet in a research note on Wednesday, October 22nd. Finally, Citigroup restated an “outperform” rating on shares of Alphabet in a report on Wednesday, December 31st. Three research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet has a consensus rating of “Moderate Buy” and a consensus target price of $326.31.

Insider Buying and Selling

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction that occurred on Monday, December 15th. The shares were 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 in the company, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction 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 completion of the sale, the chief executive officer owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. The trade was a 1.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 189,909 shares of company stock valued at $57,927,282. Company insiders own 11.64% of the company’s stock.

Alphabet Stock Performance

Shares of NASDAQ GOOGL opened at $330.00 on Monday. 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 $3.98 trillion, a price-to-earnings ratio of 32.54, a PEG ratio of 1.82 and a beta of 1.08. The stock’s fifty day simple moving average is $311.33 and its 200 day simple moving average is $255.38. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $340.49.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The business had revenue of $102.35 billion during 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%. As a group, sell-side analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were given a $0.21 dividend. 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 8.28%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big AI monetization wins — Apple’s decision to build next‑gen Siri on Google’s Gemini (a central catalyst behind Alphabet topping a ~$4 trillion valuation) implies licensing revenue and much broader Gemini distribution, which supports revenue and margins. Read More.
• Positive Sentiment: Analyst backing — recent upgrades and a higher price target (e.g., Bank of America raised its GOOGL target) are propping sentiment and provide near‑term buy‑side support. Read More.
• Positive Sentiment: New commercial partnerships — Google announced a Woolworths pilot to add agentic AI to its Olive chatbot in Australia, expanding potential retail use cases and distribution for Google’s AI services. Read More.
• Neutral Sentiment: Competitive positioning — DeepMind leadership and comments that Chinese models are “months” behind support Alphabet’s technical edge, but competition remains intense and will keep investment cycles high. Read More.
• Negative Sentiment: Antitrust fallout — Google asked a judge to defer an order forcing it to share search data while it appeals a ruling that found an illegal monopoly in search; ongoing remedies or eventual enforcement could materially affect the core search business and ad economics. Read More.
• Negative Sentiment: Copyright litigation risk — major publishers are seeking to join a class action alleging Google used copyrighted material to train its AI, creating potential licensing costs, damages or restrictions on training data. Read More.
• Negative Sentiment: Infrastructure headwinds — Google warns U.S. transmission system constraints are slowing data‑center hookups and could raise capex and delay cloud/AI capacity expansion, pressuring near‑term margins. Read More.
• Negative Sentiment: Insider selling — a disclosed director sale (600 shares) is small but adds to mixed sentiment amid other headwinds. Read More.

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.