Green Ridge Wealth Planning LLC Trims Position in Alphabet Inc. $GOOGL

Green Ridge Wealth Planning LLC lowered its stake in Alphabet Inc. (NASDAQ:GOOGL) by 8.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,450 shares of the information services provider’s stock after selling 1,717 shares during the quarter. Alphabet comprises approximately 2.6% of Green Ridge Wealth Planning LLC’s holdings, making the stock its 11th largest holding. Green Ridge Wealth Planning LLC’s holdings in Alphabet were worth $6,348,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EMC Capital Management purchased a new stake in shares of Alphabet in the fourth quarter worth about $33,000. Lifetime Wealth Management P.C. bought a new position in Alphabet during the fourth quarter valued at approximately $32,000. Core Capital Management & Research inc. purchased a new position in Alphabet during the 2nd quarter valued at approximately $41,000. Premier Financial Group purchased a new position in Alphabet during the 2nd quarter valued at approximately $45,000. Finally, Bard Associates Inc. purchased a new position in Alphabet during the 4th quarter valued at approximately $52,000. Institutional investors own 40.03% of the company’s stock.

Insider Transactions at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This represents a 1.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 441,399 shares of company stock worth $8,677,053. Insiders own 11.61% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of a number of recent research reports. Piper Sandler raised their target price on shares of Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, September 28th. Freedom Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. DA Davidson set a $350.00 price objective on shares of Alphabet and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Wedbush reissued an “outperform” rating and issued a $445.00 price objective on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Zacks Research downgraded shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $425.72.

Alphabet Trading Down 0.6%

Shares of GOOGL opened at $348.29 on Friday. The firm has a market capitalization of $4.26 trillion, a price-to-earnings ratio of 17.49, a PEG ratio of 1.01 and a beta of 1.21. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 1-year low of $235.84 and a 1-year high of $408.61. The company has a 50-day moving average of $345.99 and a 200 day moving average of $349.17.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. On average, research analysts expect that Alphabet Inc. will post 20.55 EPS for the current 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 issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced an agentic version of Gemini for business users. The unified agent is designed to perform tasks across workplace applications, strengthening Alphabet’s position in enterprise AI and intensifying competition with Microsoft and OpenAI. Google brings agentic AI to Gemini
• Positive Sentiment: Alphabet’s Waymo autonomous-vehicle unit secured a $5 billion loan from Blackstone, PIMCO and Sixth Street, providing financing for robotaxi expansion without requiring Alphabet to fund the entire rollout directly. Waymo secures $5 billion loan
• Positive Sentiment: Isomorphic Labs, Alphabet’s AI drug-discovery subsidiary, is reportedly discussing a funding round valuing the business between $40 billion and $50 billion. A successful financing could highlight the value of Alphabet’s AI portfolio beyond search and advertising. Isomorphic Labs funding talks
• Positive Sentiment: Analyst sentiment remains strongly bullish: Needham reaffirmed a Buy rating with a $450 price target, while other reports cited broad upside expectations based on Alphabet’s earnings power, cloud growth and AI opportunities.
• Neutral Sentiment: Alphabet and Unity expanded their AI gaming partnership, including tools that let users create games through natural-language prompts. The initiative could broaden Google Play engagement, although monetization and adoption remain unproven. Google and Unity gaming partnership
• Negative Sentiment: Multiple law firms publicized an existing securities class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege that management failed to disclose issues related to the expected Gemini 3.5 Pro launch and training results. These are allegations, not findings of liability, but the repeated alerts add legal and reputational overhang. Alphabet securities class action announcement
• Negative Sentiment: Google was ordered to halt work on two Finnish data centers pending environmental-impact assessments, potentially delaying infrastructure expansion. Commentary also questioned whether Alphabet is converting heavy AI capital spending into sufficient revenue and criticized its progress in AI coding.

Alphabet 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.