Alphabet Inc. $GOOGL Shares Sold by Quaker Wealth Management LLC

Quaker Wealth Management LLC lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 80.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,042 shares of the information services provider’s stock after selling 16,119 shares during the period. Alphabet accounts for approximately 0.3% of Quaker Wealth Management LLC’s portfolio, making the stock its 26th biggest holding. Quaker Wealth Management LLC’s holdings in Alphabet were worth $983,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. purchased a new stake in shares of Alphabet during the second quarter worth about $31,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Alphabet during the third quarter worth approximately $53,000. Corsicana & Co. acquired a new stake in Alphabet during the third quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC grew its stake in Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares during the period. Finally, S&T Bank PA raised its holdings in Alphabet by 40.2% in the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after acquiring an additional 99 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Ratings Changes

GOOGL has been the topic of several analyst reports. Wedbush raised their price objective on Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 7th. President Capital lifted their price target on Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Guggenheim reaffirmed a “buy” rating and set a $375.00 price objective (up previously from $330.00) on shares of Alphabet in a research note on Monday, December 1st. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $395.00 price objective (up from $346.00) on shares of Alphabet in a report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $365.86.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strategic cloud partnerships expanding addressable market — Google announced a deal with Sea Ltd to build AI tools for e‑commerce and gaming, which supports Google Cloud revenue growth in Southeast Asia and demonstrates enterprise demand for its AI stack. Read More.
• Positive Sentiment: Product momentum — Google is rolling Gemini‑powered, music‑focused generative‑AI features (also showing up at competitors), indicating faster consumer AI adoption that could boost engagement and future monetization. Read More.
• Positive Sentiment: Institutional support & analyst upgrades — recent 13F activity and analyst price‑target increases (and MarketBeat coverage) signal long‑term investor conviction that can underpin the stock. Read More.
• Neutral Sentiment: AI infrastructure arms race — NVIDIA–Meta mega‑deal and hyperscaler capex plans validate AI demand but raise competitive and capital‑intensity questions for Google; this is demand‑positive but increases the investment bar. Read More.
• Neutral Sentiment: Alphabet exploring chip/partner strategies — WSJ reports Google is weighing ways to use its balance sheet to better compete with chip suppliers, a strategic move that could reduce long‑run costs or distract management depending on execution. Read More.
• Negative Sentiment: Insider selling — recent disclosed sales by CEO Sundar Pichai and senior exec John Kent Walker (multi‑million dollar sales) can sap near‑term sentiment even if routine for compensation/liquidity reasons. Read More. Read More.
• Negative Sentiment: Security/legal risk — indictment of three engineers accused of stealing Google trade secrets and sending data to Iran raises potential IP, litigation and reputational risks that investors will watch. Read More.
• Negative Sentiment: AI rotation/profit‑taking — some prominent managers have trimmed AI positions in recent 13F filings, which contributes to episodic pressure on hyperscaler multiples. Read More.

Insider Activity

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O’toole sold 933 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the transaction, the chief accounting officer directly owned 9,916 shares in the company, valued at $3,337,229.80. This trade represents a 8.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,112,482 shares of company stock worth $119,145,289 in the last quarter. Insiders own 11.55% of the company’s stock.

Alphabet Stock Up 4.0%

Shares of NASDAQ:GOOGL opened at $314.98 on Monday. The stock has a 50-day simple moving average of $320.32 and a 200-day simple moving average of $279.46. The stock has a market capitalization of $3.81 trillion, a P/E ratio of 29.14, a PEG ratio of 1.85 and a beta of 1.09. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Equities analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be issued a dividend of $0.21 per share. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 7.77%.

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.