Triangle Securities Wealth Management boosted its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 72.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 4,749 shares of the information services provider’s stock after buying an additional 1,995 shares during the period. Triangle Securities Wealth Management’s holdings in Alphabet were worth $1,154,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. acquired a new position in Alphabet in the second quarter worth about $31,000. Corsicana & Co. acquired a new stake in Alphabet during the third quarter valued at approximately $54,000. CarsonAllaria Wealth Management Ltd. lifted its holdings in Alphabet by 36.4% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock worth $44,000 after buying an additional 67 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its position in shares of 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 in the last quarter. Finally, S&T Bank PA increased its holdings in shares of 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. 40.03% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Alphabet
In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $299.80, for a total transaction of $9,743,500.00. Following the sale, the chief executive officer directly owned 2,239,619 shares in the company, valued at approximately $671,437,776.20. The trade was a 1.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Kent Walker sold 17,829 shares of the 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 completion of the transaction, the insider 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 SEC filing for this sale provides additional information. Over the last quarter, insiders sold 192,585 shares of company stock valued at $56,223,739. 11.55% of the stock is currently owned by insiders.
Alphabet Price Performance
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings data 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. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.
Alphabet Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is 8.28%.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: AI momentum: Analysts and commentators point to a renewed AI-led growth story (Gemini adoption, model upgrades) that strengthens search economics and monetization pathways. This narrative is driving investor enthusiasm. Google’s AI Renaissance (Growth Story is Far from Over)
- Positive Sentiment: Cloud strength and fundamentals: Google Cloud reported >30% growth in recent commentary and continues to accelerate, supporting revenue diversification beyond ads. Ranking the Best “Magnificent Seven” Stocks to Buy for 2026
- Positive Sentiment: Analyst upgrades / momentum: MarketBeat and others flagged Alphabet as one of the most-upgraded names with mean price-target upside (~20% at some bulls), which tends to draw flows and support the stock. The 5 Most Upgraded Stocks from 2025
- Neutral Sentiment: Valuation / positioning narrative: Coverage notes Alphabet has outperformed peers in 2025 and is being re-priced as an AI/cloud play; some see recent dips as buying opportunities while others warn upside may be partially priced in. Alphabet Stock is Starting to Get Cheap Again After Dipping in December
- Neutral Sentiment: Infrastructure/energy considerations: Reports highlight Alphabet’s growing data?center power needs and recent moves to secure renewable energy and projects—important operationally but longer?dated for direct EPS impact. Google buys renewable energy project developer Intersect
- Negative Sentiment: High AI CapEx scrutiny: Several pieces warn hyperscaler spending on AI infrastructure is large and could pressure free cash flow and margins in the near term, a risk investors are watching. Buy Stock in the Mag 7 Hyperscalers or Are They Spending Too Much?
- Negative Sentiment: Regulatory/legal noise: Reports about DOJ probes and other policy scrutiny add an element of regulatory risk that can weigh on sentiment if escalated. Trump’s Justice Department probes Google
Analysts Set New Price Targets
Several brokerages recently issued reports on GOOGL. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, October 8th. Tigress Financial raised their price target on shares of Alphabet from $240.00 to $280.00 and gave the stock a “strong-buy” rating in a research report on Friday, September 5th. DA Davidson reaffirmed a “neutral” rating and set a $300.00 price objective on shares of Alphabet in a research report on Tuesday, November 25th. BNP Paribas Exane began coverage on shares of Alphabet in a report on Monday, November 24th. They issued an “outperform” rating and a $355.00 target price on the stock. Finally, Morgan Stanley lifted their target price on Alphabet from $270.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average price target of $315.90.
View Our Latest Analysis on GOOGL
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.
Further Reading
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