Alphabet Inc. $GOOGL Shares Sold by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 16.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,180 shares of the information services provider’s stock after selling 2,551 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in Alphabet were worth $3,204,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Alphabet in the 2nd quarter worth about $21,944,208,000. Laurel Wealth Advisors LLC boosted its position in shares of Alphabet by 17,667.7% during the second quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock worth $2,686,640,000 after buying an additional 15,159,273 shares during the period. Franklin Resources Inc. grew its holdings in Alphabet by 51.7% in the 2nd quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock worth $5,607,232,000 after buying an additional 10,843,853 shares in the last quarter. Vanguard Group Inc. increased its position in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after acquiring an additional 6,733,278 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in Alphabet by 201.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock valued at $1,153,824,000 after acquiring an additional 4,374,542 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst upgrades and bullish notes support near‑term sentiment — Needham and RBC reiterated/issued buy ratings and recent coverage called for earnings upside into the next report, helping lift conviction in shares. Alphabet Earns Buy Rating from Needham RBC Reiterates Buy
• Positive Sentiment: Google and Amazon’s push into AI chips reduces reliance on Nvidia and signals growing in‑house/cloud hardware capabilities — positive for Google Cloud margins and capex leverage. Amazon and Google Eat Into Nvidia’s A.I. Chip Supremacy
• Positive Sentiment: Product momentum: Chrome adds AI image generation and a side‑panel assistant, and Alphabet is pushing AI into Search — supports ad/search revenue upside and user engagement. Google adds AI image generation to Chrome Zacks: AI Push to Boost Search Growth
• Positive Sentiment: Security actions: Google disrupted a large residential proxy network (IPIDEA) tied to abuse, which reduces fraud risk and is a reputational win for its platforms. That supports enterprise trust and regulatory relations. Google disrupts large residential proxy network Google Disrupts Network That Allowed Bad Actors
• Neutral Sentiment: Competitive landscape pieces compare CoreWeave and Alphabet for AI infrastructure — highlights both opportunity and execution risk as GOOGL competes on hardware, software and cloud pricing. CRVW vs. GOOGL: Which Stock Wins the AI Infrastructure Race?
• Neutral Sentiment: Short interest data in the feed is noisy/zeroed and not informative — no clear short‑squeeze signal from the provided entry. (No link — data summary.)
• Negative Sentiment: Waymo safety incident: a Waymo driverless vehicle struck a child near a Santa Monica elementary school; NHTSA has opened an investigation. This raises regulatory and liability risk for the autonomous driving unit and could pressure sentiment around Waymo‑related capex and commercialization timelines. Waymo Robotaxi Hits Child, Prompting NHTSA Investigation CNBC: A Waymo hit a child near an elementary school
• Negative Sentiment: Regulatory/legal pressure: the U.K. CMA is proposing rules to let publishers opt out of AI overviews and new conduct requirements; Alphabet also agreed to a ~$135M U.S. settlement over cellular data handling — potential modest earnings/headline risk and ongoing compliance costs. U.K. Competition Watchdog Plans New Rules Google to Pay $135 Million to Settle Lawsuit

Analysts Set New Price Targets

GOOGL has been the topic of a number of research analyst reports. Guggenheim reissued a “buy” rating and set a $375.00 price target (up from $330.00) on shares of Alphabet in a report on Monday, December 1st. Royal Bank Of Canada reissued a “buy” rating on shares of Alphabet in a research note on Monday. Canaccord Genuity Group set a $390.00 price target on shares of Alphabet and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Bank of America increased their price objective on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Cantor Fitzgerald cut Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $334.60.

Insiders Place Their Bets

In related news, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total value of $202,512.00. Following the completion of the transaction, the director owned 21,224 shares of the company’s stock, valued at approximately $7,163,524.48. This trade represents a 2.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction 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 sale, the insider directly owned 42,972 shares in the company, valued at approximately $13,531,453.08. This trade represents a 29.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 222,297 shares of company stock worth $68,531,851 in the last quarter. Corporate insiders own 11.64% of the company’s stock.

Alphabet Trading Up 0.7%

NASDAQ:GOOGL opened at $338.25 on Friday. The stock has a fifty day simple moving average of $319.46 and a 200 day simple moving average of $263.90. The firm has a market capitalization of $4.08 trillion, a price-to-earnings ratio of 33.36, a price-to-earnings-growth ratio of 1.85 and a beta of 1.08. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $342.29. 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 (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Sell-side analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Company 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.