Alphabet Inc. $GOOGL Stock Position Lowered by Davis Rea LTD.

Davis Rea LTD. reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 21.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 122,510 shares of the information services provider’s stock after selling 34,270 shares during the quarter. Alphabet makes up about 7.1% of Davis Rea LTD.’s holdings, making the stock its biggest holding. Davis Rea LTD.’s holdings in Alphabet were worth $29,782,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Truist Financial Corp grew its holdings in Alphabet by 2.3% in the second quarter. Truist Financial Corp now owns 2,546,012 shares of the information services provider’s stock worth $448,684,000 after purchasing an additional 56,295 shares during the period. Moment Partners LLC increased its holdings in shares of Alphabet by 9.3% in the 2nd quarter. Moment Partners LLC now owns 5,896 shares of the information services provider’s stock worth $1,039,000 after purchasing an additional 504 shares in the last quarter. Welch Group LLC increased its holdings in Alphabet by 4.0% in the 2nd quarter. Welch Group LLC now owns 64,262 shares of the information services provider’s stock worth $11,325,000 after buying an additional 2,467 shares in the last quarter. Brooktree Capital Management bought a new stake in shares of Alphabet in the second quarter worth approximately $352,000. Finally, Griffin Asset Management Inc. grew its position in Alphabet by 13.9% in the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock worth $14,277,000 after purchasing an additional 7,180 shares during the period. Institutional investors own 40.03% of the company’s stock.

Alphabet Price Performance

NASDAQ:GOOGL opened at $336.01 on Thursday. The firm has a market capitalization of $4.05 trillion, a price-to-earnings ratio of 33.14, a PEG ratio of 1.84 and a beta of 1.08. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The business has a 50 day simple moving average of $318.48 and a 200-day simple moving average of $263.38. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $340.49.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion during 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%. Equities analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Wall Street Analyst Weigh In

GOOGL has been the subject of several recent research reports. China Renaissance boosted their target price on shares of Alphabet from $207.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Evercore ISI increased their target price on Alphabet from $300.00 to $325.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Mizuho set a $365.00 price objective on Alphabet and gave the company an “outperform” rating in a research report on Friday, January 9th. Finally, HSBC boosted their target price on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Four 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $334.60.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Jim Cramer praised Alphabet as “extraordinary,” reinforcing investor enthusiasm around the company’s AI leadership and growth narrative. Alphabet (GOOGL)’s extraordinary, says Jim Cramer
• Positive Sentiment: Google is pushing product-level AI gains — adding image-generation to Chrome and a virtual assistant side panel — which supports ad/search monetization and user engagement upside. Google adds AI image generation to Chrome browser, side panel option for virtual assistant
• Positive Sentiment: Alphabet is accelerating strategic AI acquisitions and deals to bolster Gemini across media, voice and international markets — a sign management is doubling down on defensible AI distribution. Google Accelerates AI Deals to Strengthen Gemini in Media and Voice
• Positive Sentiment: Several firms reiterated buy ratings and upgrades for GOOGL this week, supporting near-term demand from momentum-driven investors. Alphabet (NASDAQ:GOOGL) Earns Buy Rating from Needham & Company LLC
• Neutral Sentiment: Short-interest entries show effectively zero reported short positions in the latest filings, but the data appears to contain anomalies (NaN/0) and is not a clear market signal. (internal short-interest data)
• Neutral Sentiment: Analyst previews expect earnings growth for the upcoming report, which could set the stage for another beat if AI ad/cloud momentum continues. Alphabet (GOOGL) Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Google says it disrupted a major residential proxy network (IPIDEA), removing domains and protecting “millions” of devices — a reputational win demonstrating security capabilities and reducing operational risk. Google disrupts large residential proxy network, reducing devices used by operators by ‘millions’
• Negative Sentiment: The U.K. Competition & Markets Authority proposed rules forcing Google to give publishers opt-outs for AI summaries and greater transparency — this raises content licensing and product constraints in a major market. UK regulator proposes changes to Google search for publishers
• Negative Sentiment: Regulatory pressure in the EU and U.K. (DMA guidance, proposed conduct rules) could force data/access sharing and limit some search/AI advantages — a structural risk to margins and competitive moat. U.K. Competition Watchdog Plans New Rules for Google’s AI Overviews Under Tech Law
• Negative Sentiment: Alphabet agreed to a $135 million settlement over handling of cellular data, which includes changes to Play Store and Android setup screens — a modest direct hit but adds regulatory/legal costs and operational change. Google to Pay $135 Million to Settle Lawsuit Over Handling of Cellular Data

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction dated 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 sale, the director owned 21,224 shares of the company’s stock, valued at $7,163,524.48. This trade represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frances Arnold sold 102 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $313.45, for a total value of $31,971.90. Following the transaction, the director owned 18,205 shares of the company’s stock, valued at $5,706,357.25. This trade represents a 0.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 222,297 shares of company stock worth $68,531,851. 11.55% of the stock is currently owned by insiders.

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.