2,137 Alphabet Inc. $GOOGL Shares Sold by Strategy Asset Managers LLC

Strategy Asset Managers LLC reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 68,277 shares of the information services provider’s stock after selling 2,137 shares during the period. Alphabet makes up approximately 3.0% of Strategy Asset Managers LLC’s portfolio, making the stock its 4th largest position. Strategy Asset Managers LLC’s holdings in Alphabet were worth $23,493,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in GOOGL. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet in the fourth quarter valued at about $32,000. EMC Capital Management purchased a new stake in Alphabet during the fourth quarter worth about $33,000. Core Capital Management & Research inc. purchased a new stake in Alphabet during the second quarter worth about $41,000. Premier Financial Group acquired a new position in Alphabet during the second quarter worth about $45,000. Finally, Van Den Berg Management I Inc. grew its position in Alphabet by 319.6% during the first quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider’s stock worth $61,000 after buying an additional 163 shares during the period. 40.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of a number of research analyst reports. DA Davidson set a $350.00 target price on shares of Alphabet and gave the company a “neutral” rating in a report on Thursday, July 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. Benchmark reissued a “buy” rating on shares of Alphabet in a research note on Thursday, October 1st. Jefferies Financial Group restated a “buy” rating on shares of Alphabet in a report on Monday, June 22nd. Finally, BMO Capital Markets set a $465.00 price target on Alphabet and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $425.04.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Higher analyst target: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying substantial upside based on Alphabet’s AI, advertising and cloud prospects. Alphabet stock information
• Positive Sentiment: AI commercialization is expanding: CNN signed a multiyear AI partnership with Google, while Google launched Universal Cart in the United States, allowing users to track products across Search and Gemini. These initiatives could strengthen Gemini adoption and Google’s commerce and enterprise offerings. CNN signs AI partnership with Google
• Positive Sentiment: Gemini momentum remains a key bullish argument: Recent coverage highlights Gemini 4 Argon’s rollout, enterprise capabilities and potential to keep Alphabet competitive with OpenAI, Anthropic and Meta. Alphabet’s cash-generating advertising business and relatively reasonable valuation provide additional support for the long-term investment case. Google expands Gemini capabilities
• Neutral Sentiment: AI infrastructure demand is a double-edged sword: Alphabet is committing heavily to data centers and reportedly plans roughly $30 billion in compute spending through a SpaceX contract. The investment may support growth but increases capital-expenditure and free-cash-flow pressure. Google SpaceX compute contract
• Negative Sentiment: Litigation headlines are accumulating: Several law firms publicized a securities class action alleging misleading disclosures concerning Gemini 3.5 Pro training results. The announcements are largely duplicative, but they add reputational and potential financial risk; the lead-plaintiff deadline is December 1, 2026. Alphabet securities class action
• Negative Sentiment: Near-term technical and security concerns remain: The recent AI-led market sell-off left Alphabet testing support near its 200-day moving average around $340. Google also warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, creating potential cybersecurity and customer-confidence concerns. Google warning on BeyondTrust flaw

Insider Activity

In other Alphabet news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction 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 completion of the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 420,865 shares of company stock valued at $8,293,477 over the last 90 days. Insiders own 11.61% of the company’s stock.

Alphabet Price Performance

Alphabet stock opened at $349.22 on Friday. Alphabet Inc. has a 52 week low of $244.15 and a 52 week high of $408.61. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The firm’s 50-day simple moving average is $344.54 and its 200 day simple moving average is $351.40. The firm has a market capitalization of $4.27 trillion, a PE ratio of 17.54, a P/E/G ratio of 1.01 and a beta of 1.21.

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

Alphabet Dividend Announcement

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

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.