Forum Financial Management LP Lowers Stake in Alphabet Inc. $GOOGL

Forum Financial Management LP reduced its position in Alphabet Inc. (NASDAQ:GOOGL) by 6.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 141,647 shares of the information services provider’s stock after selling 10,304 shares during the quarter. Alphabet makes up about 0.5% of Forum Financial Management LP’s investment portfolio, making the stock its 22nd largest holding. Forum Financial Management LP’s holdings in Alphabet were worth $34,434,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Gravity Companies Inc. bought a new position in shares of Alphabet in the second quarter worth about $31,000. CarsonAllaria Wealth Management Ltd. lifted its stake in shares of Alphabet by 36.4% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 67 shares during the last quarter. Corsicana & Co. purchased a new position in shares of Alphabet in the 3rd quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 89 shares during the last quarter. Finally, S&T Bank PA increased its position in shares of Alphabet by 40.2% during the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 99 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This trade represents a 23.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 189,909 shares of company stock worth $57,927,282. Corporate insiders own 11.64% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Multiple analyst price‑target raises have lifted sentiment — Raymond James raised its target to $400, Deutsche Bank to $370, and Wedbush to $360, all signaling higher earnings/AI potential expectations for GOOGL. Alphabet Stock Rises — Raymond James Hikes Price Target to $400
• Positive Sentiment: Waymo expanded its robotaxi service to Miami — operational progress at Waymo highlights Alphabet’s long‑term autonomous‑driving opportunity and potential new revenue channels. Waymo launches robotaxi service in Miami, extending U.S. lead
• Positive Sentiment: Google awarded long‑term power purchase agreements to Clearway Energy for data‑center carbon‑free energy — improves sustainability profile and predictable energy costs for cloud/data infrastructure. Alphabet’s Google Awards PPAs to Clearway Energy to Receive Carbon-Free Energy For Its Data Centers
• Positive Sentiment: Analyst commentary and sector pieces continue to cite Alphabet’s vertical AI integration (Gemini, TPUs, Cloud partnerships) as a durable competitive advantage — supports higher multiples and long‑term growth expectations. Google Stock Is Up 65: What’s Driving This Rally?
• Neutral Sentiment: MarketBeat flagged a modest pullback from record highs and advised patience for new buyers — technical consolidation vs. an outright sell‑off; key support near $300 could matter for timing buys. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
• Neutral Sentiment: YouTube leadership is prioritizing management of AI‑generated content — important for user trust and ad ecosystem health, but mainly an operational/PR item rather than near‑term revenue catalyst. YouTube chief says ‘managing AI slop’ is a priority for 2026
• Neutral Sentiment: Market commentary (Jim Cramer) notes rotation away from Magnificent Seven during short‑term sector moves, though he expects rotation back eventually — suggests potential volatility from flow shifts. Jim Cramer says he’s not abandoning the Mag 7 stocks despite recent struggles. Here’s why
• Negative Sentiment: Cantor Fitzgerald downgraded Alphabet from “strong‑buy” to “hold” — a reminder that some sell‑side views are trimming near‑term upside, which can weigh on momentum if followed by others. Cantor Fitzgerald Downgrades Alphabet

Wall Street Analyst Weigh In

Several research analysts have commented on GOOGL shares. Moffett Nathanson lifted their price objective on shares of Alphabet from $305.00 to $315.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Sanford C. Bernstein raised their target price on shares of Alphabet from $260.00 to $305.00 and gave the stock a “market perform” rating in a report on Thursday, October 30th. Oppenheimer lifted their price target on shares of Alphabet from $270.00 to $300.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. Citizens Jmp boosted their target price on shares of Alphabet from $340.00 to $385.00 and gave the company a “market outperform” rating in a research note on Wednesday, December 31st. Finally, UBS Group restated a “neutral” rating and issued a $345.00 price target (up from $306.00) on shares of Alphabet in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $330.94.

Alphabet Stock Performance

Shares of Alphabet stock opened at $330.52 on Friday. 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’s fifty day moving average price is $314.62 and its 200-day moving average price is $258.45. The firm has a market cap of $3.99 trillion, a P/E ratio of 32.60, a P/E/G ratio of 1.81 and a beta of 1.08. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $340.49.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping 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%. On average, equities research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

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.