Evergreen Private Wealth LLC Buys 8,213 Shares of Alphabet Inc. $GOOGL

Evergreen Private Wealth LLC grew its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 22.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 45,256 shares of the information services provider’s stock after buying an additional 8,213 shares during the period. Alphabet accounts for 4.5% of Evergreen Private Wealth LLC’s investment portfolio, making the stock its biggest position. Evergreen Private Wealth LLC’s holdings in Alphabet were worth $11,002,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Breakwater Investment Management raised its stake in Alphabet by 1.0% in the 3rd quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock valued at $1,028,000 after purchasing an additional 41 shares during the last quarter. Wealth Alliance Advisory Group LLC boosted its stake in shares of Alphabet by 1.0% during the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after purchasing an additional 41 shares during the last quarter. Clearview Wealth Advisors LLC grew its holdings in shares of Alphabet by 3.3% during the third quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock worth $312,000 after buying an additional 41 shares in the last quarter. Kooman & Associates grew its holdings in shares of Alphabet by 3.3% during the third quarter. Kooman & Associates now owns 1,343 shares of the information services provider’s stock worth $326,000 after buying an additional 43 shares in the last quarter. Finally, Contravisory Investment Management Inc. raised its position in shares of Alphabet by 2.9% in the third quarter. Contravisory Investment Management Inc. now owns 1,572 shares of the information services provider’s stock valued at $382,000 after buying an additional 44 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the transaction, the chief executive officer owned 2,337,119 shares in the company, 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. Over the last quarter, insiders have sold 222,409 shares of company stock worth $68,564,532. Company insiders own 11.64% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple ties Gemini to Siri, widening Gemini distribution and strengthening Alphabet’s AI moat — a material revenue/strategic positive for GOOGL that supports premium multiples and growth expectations. How Apple’s Gemini-Powered Siri Deal Will Impact Alphabet (GOOGL) Investors
• Positive Sentiment: Multiple bullish analyst moves — Wolfe Research lifted its price target to $390, Raymond James upgraded to “strong buy” and raised targets (reports of a $400 target), and Deutsche Bank raised its target — fueling buy-side momentum and supporting upside expectations. Wolfe Research Adjusts Price Target
• Positive Sentiment: Google pushes into AI shopping and other AI-enabled monetization avenues — analysts and outlets highlight accelerating product-led revenue opportunities that underpin long-term growth. Google’s Making a Splash in AI Shopping
• Neutral Sentiment: Technical/market commentary: recent ~3–4% pullback called a routine consolidation within a long-term uptrend — suggests no fundamental change but signals caution for investors seeking cheaper entry points. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
• Neutral Sentiment: Waymo launched robotaxi service in Miami (business expansion) — growth opportunity for autonomous revenue but not yet material to near-term GAAP results. Waymo launches robotaxi service in Miami
• Negative Sentiment: NTSB opens an investigation after Waymo robotaxis were recorded illegally passing stopped school buses multiple times — raises regulatory, safety and reputational risks for Alphabet’s autonomous-driving unit and could lead to operational constraints or fines. US safety board opens probe into Waymo robotaxis passing stopped school buses
• Negative Sentiment: Federal judge allowed a consumer antitrust lawsuit over Google’s default-search payments to proceed — continued legal exposure that could affect search economics and ad revenue over time. Judge Orders Google to Face Consumer Antitrust Lawsuit Over Search

Alphabet Price Performance

Shares of Alphabet stock opened at $328.04 on Friday. The business’s fifty day moving average price is $315.65 and its 200 day moving average price is $259.50. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $340.49. 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 $3.96 trillion, a P/E ratio of 32.35, a PEG ratio of 1.82 and a beta of 1.08.

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

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of analyst reports. Hsbc Global Res upgraded shares of Alphabet to a “strong-buy” rating in a research report on Tuesday, October 7th. KeyCorp reissued an “overweight” rating and set a $300.00 price target (up previously from $265.00) on shares of Alphabet in a research note on Monday, October 27th. Citigroup restated an “outperform” rating on shares of Alphabet in a report on Wednesday, December 31st. Oppenheimer upped their target price on Alphabet from $270.00 to $300.00 and gave the company an “outperform” rating in a research note on Monday, October 20th. Finally, Argus increased their target price on Alphabet from $330.00 to $365.00 and gave the stock a “buy” rating in a research report on Monday, January 5th. Four equities research 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 MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $331.40.

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.