2,950 Alphabet Inc. $GOOGL Shares Sold by Fairfield Financial Advisors LTD

Key Points

• Fairfield Financial Advisors reduced its Alphabet position by 6.5%, selling 2,950 shares and retaining 42,105 shares valued at approximately $14.5 million. Alphabet remains the fund’s fourth-largest holding and represents 5.2% of its portfolio.
• Alphabet reported quarterly revenue of $119.8 billion and earnings per share of $9.11, exceeding analyst expectations. The company also pays a $0.22 quarterly dividend, equivalent to a 0.3% annual yield.
• Analysts remain broadly bullish, with Alphabet carrying an average “Buy” rating and a consensus price target of $425.04, above its reported share price of $349.22. Institutional investors own about 40% of the stock, while insiders have recently sold shares.

Fairfield Financial Advisors LTD reduced its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 6.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,105 shares of the information services provider's stock after selling 2,950 shares during the period. Alphabet accounts for about 5.2% of Fairfield Financial Advisors LTD's portfolio, making the stock its 4th largest holding. Fairfield Financial Advisors LTD's holdings in Alphabet were worth $14,488,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet in the 4th quarter valued at about $32,000. EMC Capital Management acquired a new stake in shares of Alphabet in the fourth quarter valued at about $33,000. Core Capital Management & Research inc. acquired a new stake in shares of Alphabet in the second quarter valued at about $41,000. Premier Financial Group acquired a new stake in shares of Alphabet in the second quarter valued at about $45,000. Finally, Van Den Berg Management I Inc. raised its holdings 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 acquiring an additional 163 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Up 0.5%

Alphabet stock opened at $349.22 on Friday. 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. The company's 50-day moving average is $344.54 and its 200-day moving average is $351.40. 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 current ratio of 2.72 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results 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. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $117.07 billion. Sell-side analysts anticipate that Alphabet Inc. will post 20.54 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Investors 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 yield of 0.3%. Alphabet's dividend payout ratio (DPR) is presently 4.42%.

Analyst Ratings Changes

Several research analysts recently commented on the company. Cantor Fitzgerald reissued an "overweight" rating and set a $420.00 price target on shares of Alphabet in a research report on Monday. Needham & Company LLC restated a "buy" rating and issued a $450.00 price target on shares of Alphabet in a research note on Thursday, October 8th. Pivotal Research reaffirmed a "buy" rating and set a $475.00 price target (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. Evercore reaffirmed an "outperform" rating and set a $450.00 price target on shares of Alphabet in a research report on Wednesday, September 16th. Finally, Wells Fargo & Company reiterated an "overweight" rating and set a $417.00 price objective (up from $411.00) on shares of Alphabet in a research note on Tuesday, October 6th. Five 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 company currently has an average rating of "Buy" and an average target price of $425.04.

Insiders Place Their Bets

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

Key Stories Impacting Alphabet

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

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.

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