HBW Advisory Services LLC Sells 1,789 Shares of Alphabet Inc. $GOOGL

HBW Advisory Services LLC reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 7.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 22,947 shares of the information services provider’s stock after selling 1,789 shares during the quarter. Alphabet comprises approximately 0.8% of HBW Advisory Services LLC’s holdings, making the stock its 27th biggest position. HBW Advisory Services LLC’s holdings in Alphabet were worth $7,896,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet during the 4th quarter worth about $32,000. EMC Capital Management bought a new stake in shares of Alphabet during the 4th quarter worth about $33,000. Core Capital Management & Research inc. acquired a new position in Alphabet in the 2nd quarter valued at about $41,000. Premier Financial Group bought a new stake in Alphabet in the 2nd quarter valued at $45,000. Finally, Van Den Berg Management I Inc. boosted its stake in Alphabet by 319.6% in the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 163 shares during the period. Institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on GOOGL shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a report on Thursday. Pivotal Research reissued a “buy” rating and issued a $475.00 target price (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. Freedom Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Tigress Financial restated a “strong-buy” rating and set a $485.00 target price (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $420.00 target price on shares of Alphabet in a report on Monday, October 12th. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $425.04.

Alphabet Trading Down 2.5%

Shares of GOOGL stock opened at $340.59 on Friday. The stock’s fifty day moving average price is $344.26 and its two-hundred day moving average price is $351.32. The company has a market cap of $4.17 trillion, a PE ratio of 17.11, a P/E/G ratio of 1.01 and a beta of 1.21. Alphabet Inc. has a fifty-two week low of $244.15 and a fifty-two week high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Equities analysts predict that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is 4.42%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

Insider Transactions at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the firm’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 value of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 420,865 shares of company stock valued at $8,293,477. 11.61% of the stock is currently owned by insiders.

Alphabet Company Profile

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.