RDA Financial Network Reduces Stake in Alphabet Inc. $GOOGL

RDA Financial Network lowered its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 49,936 shares of the information services provider’s stock after selling 1,953 shares during the quarter. Alphabet comprises approximately 3.0% of RDA Financial Network’s investment portfolio, making the stock its 4th largest position. RDA Financial Network’s holdings in Alphabet were worth $12,139,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Breakwater Investment Management raised its stake in shares of Alphabet by 1.0% in the third quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock worth $1,028,000 after purchasing an additional 41 shares during the last quarter. Towerpoint Wealth LLC boosted its position in shares of Alphabet by 1.6% during the third quarter. Towerpoint Wealth LLC now owns 3,037 shares of the information services provider’s stock valued at $738,000 after buying an additional 47 shares during the last quarter. Beddow Capital Management Inc. increased its holdings in Alphabet by 2.0% in the 2nd quarter. Beddow Capital Management Inc. now owns 2,510 shares of the information services provider’s stock worth $445,000 after buying an additional 50 shares in the last quarter. Trinity Financial Advisors LLC raised its position in Alphabet by 1.3% in the 3rd quarter. Trinity Financial Advisors LLC now owns 3,833 shares of the information services provider’s stock worth $932,000 after buying an additional 50 shares during the last quarter. Finally, Gimbal Financial lifted its stake in Alphabet by 1.9% during the 2nd quarter. Gimbal Financial now owns 2,776 shares of the information services provider’s stock valued at $489,000 after acquiring an additional 53 shares during the period. 40.03% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on GOOGL. Roth Capital lifted their price target on shares of Alphabet from $210.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Citigroup raised their target price on Alphabet from $343.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday. China Renaissance upped their price target on shares of Alphabet from $207.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Royal Bank Of Canada reiterated a “buy” rating and issued a $315.00 price objective on shares of Alphabet in a research note on Tuesday, December 2nd. Finally, Canaccord Genuity Group raised their price objective on shares of Alphabet from $270.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Alphabet has an average rating of “Moderate Buy” and an average price target of $315.90.

Insider Transactions at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $250.05, for a total transaction of $694,638.90. Following the completion of the sale, the chief accounting officer directly owned 14,516 shares of the company’s stock, valued at $3,629,725.80. This trade represents a 16.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider John Kent Walker sold 17,816 shares of Alphabet stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $247.42, for a total transaction of $4,408,034.72. Following the sale, the insider owned 42,985 shares in the company, valued at approximately $10,635,348.70. The trade was a 29.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 226,128 shares of company stock valued at $63,183,331 over the last 90 days. Company insiders own 11.64% of the company’s stock.

Alphabet Price Performance

NASDAQ GOOGL opened at $307.16 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $328.83. The stock has a market cap of $3.71 trillion, a price-to-earnings ratio of 30.29, a PEG ratio of 1.78 and a beta of 1.07. The company’s 50 day moving average is $289.19 and its two-hundred day moving average is $234.27.

Alphabet (NASDAQ:GOOGL) last announced 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. The firm had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. As a group, research analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s payout ratio is presently 8.28%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud locked an expanded, multibillion-dollar strategic deal with Palo Alto Networks — reported by Reuters as “approaching $10 billion” — which materially strengthens Cloud revenue outlook and security services momentum. Google Cloud lands deal with Palo Alto Networks
• Positive Sentiment: Citigroup raised its price target to $350 and kept a Buy rating — a notable analyst upgrade that signals upward earnings/valuation expectations and supports short?term buying interest. Citigroup adjusts price target on Alphabet
• Positive Sentiment: Google reports strong talent flows in AI — ~20% of 2025 AI software engineer hires were “boomerangs” (ex?employees) — which investors view as a competitive advantage in the AI arms race vs. OpenAI/Anthropic/Meta. Google’s boomerang year
• Neutral Sentiment: Technical/trading signals flagged a Power Inflow alert (benzinga), which can attract short?term momentum traders but is not a fundamental catalyst. GOOG Hits Intraday High After Key Trading Signal
• Neutral Sentiment: Coverage and thematic stories (Zacks, cloud lists, MarketBeat pieces) are keeping retail/institutional attention on GOOGL as a core cloud and AI holding — supporting flows but not an immediate earnings surprise. Alphabet is a trending stock (Zacks)
• Negative Sentiment: A Spanish consumer group has launched preliminary legal action alleging sensitive data collection and privacy violations — an escalation that could lead to fines or longer-term compliance costs. Spanish consumer group seeks to sue Google in data row
• Negative Sentiment: Mexico’s antitrust authority ordered Google to drop certain Android restrictions — another regulatory action that can pressure mobile?related revenue/margins and raises the risk of further regional remedies. Mexico’s antitrust commission resolves Android case
• Negative Sentiment: Large insider stock sales were disclosed this week (CEO Sundar Pichai and other executives/directors sold shares), which can be viewed negatively by some investors even if sales are routine or for diversification/tax reasons. SEC filing: Sundar Pichai insider sale

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.