Alphabet Inc. $GOOGL Stock Purchased by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC increased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 48.9% in the third quarter, Holdings Channel reports. The firm owned 54,849 shares of the information services provider’s stock after buying an additional 18,018 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Alphabet were worth $18,872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GOOGL. Strategic Wealth Advisors LLC raised its position in Alphabet by 6.0% in the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after acquiring an additional 27 shares in the last quarter. Rockbridge Investment Management LCC increased its position in shares of Alphabet by 0.5% in the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after buying an additional 27 shares in the last quarter. Ruggaard & Associates LLC grew its stake in Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock valued at $840,000 after acquiring an additional 27 shares during the last quarter. Cadia Private Client LLC raised its position in Alphabet by 1.1% during the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock worth $744,000 after acquiring an additional 28 shares during the last quarter. Finally, Evansbrook LLC increased its stake in shares of Alphabet by 0.3% during the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock worth $2,738,000 after purchasing an additional 28 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Stock Performance

Shares of NASDAQ GOOGL traded up $2.38 during trading on Tuesday, reaching $355.10. The stock had a trading volume of 12,372,842 shares, compared to its average volume of 30,546,947. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock has a market cap of $4.34 trillion, a PE ratio of 17.83, a P/E/G ratio of 1.02 and a beta of 1.21. Alphabet Inc. has a one year low of $240.51 and a one year high of $408.61. The firm’s 50 day moving average price is $345.48 and its two-hundred day moving average price is $349.96.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. On average, research analysts forecast that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were given a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s payout ratio is 4.42%.

Insider Activity

In other news, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 441,399 shares of company stock worth $8,677,053. Corporate insiders own 11.61% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s long-term investment case remains supported by rapid Google Cloud expansion, a reported $514 billion cloud backlog, and growing adoption of AI Mode. Analysts and investors continue to view the company as offering significant upside, with Cantor Fitzgerald reaffirming an “Overweight” rating and a $420 price target. Alphabet could be worth $700 by 2030
• Positive Sentiment: Google’s agreement with Constellation to secure approximately 3.6 gigawatts of nuclear power could provide reliable electricity for energy-intensive AI data centers, reinforcing Alphabet’s infrastructure strategy and potentially improving long-term capacity planning. Google and Constellation nuclear power deal
• Positive Sentiment: New consumer initiatives, including the $180 Fitbit Edge and a Function Health partnership combining wearable data with more than 160 lab tests, could expand Google’s subscription-based health ecosystem and strengthen engagement across its devices and services. Google health data partnership
• Neutral Sentiment: Alphabet and Amazon are each committing roughly $200 billion to AI data centers. Alphabet’s spending may accelerate cloud and AI revenue, but investors are monitoring whether returns justify the enormous capital requirements. Alphabet and Amazon AI data center spending
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The allegations concern claims that Alphabet misrepresented development progress for its Gemini 3.5 Pro model; the lead-plaintiff deadline is December 1, 2026. Alphabet Gemini securities-fraud lawsuit
• Negative Sentiment: Some investors question the quality of Alphabet’s recent earnings growth: reported EPS of $9.11 benefited substantially from a non-operating paper gain, while data-center spending exceeded cash generated by operations. That raises concerns about free-cash-flow pressure despite strong headline results. Alphabet cloud growth and paper EPS gain

Analysts Set New Price Targets

A number of analysts recently issued reports on GOOGL shares. Morgan Stanley set a $400.00 target price on shares of Alphabet and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday, June 22nd. Citizens Jmp reissued a “market outperform” rating and issued a $515.00 target price on shares of Alphabet in a research report on Wednesday, July 22nd. DA Davidson set a $350.00 price target on shares of Alphabet and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Finally, Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Five research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $425.72.

About Alphabet

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.