3,277 Alphabet Inc. $GOOGL Shares Sold by Graves Light Lenhart Wealth Inc.

Key Points

• Graves Light Lenhart Wealth Inc. reduced its Alphabet position by 4.8%, selling 3,277 shares in the third quarter and retaining 65,397 shares valued at approximately $22.5 million. Institutional investors collectively own 40.03% of Alphabet.
• Alphabet shares opened at $351.66, while the company reported quarterly EPS of $9.11 and revenue of $119.8 billion, exceeding analyst expectations. The stock carries a consensus “Buy” rating with an average price target of $425.72.
• Alphabet’s AI initiatives remain a key focus, including the enterprise-oriented Gemini Agent and reported development of Gemini 4 Carbon; analysts view these efforts as potential drivers for Google Cloud and Workspace growth.

Graves Light Lenhart Wealth Inc. reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 4.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,397 shares of the information services provider's stock after selling 3,277 shares during the period. Alphabet makes up approximately 2.1% of Graves Light Lenhart Wealth Inc.'s investment portfolio, making the stock its 18th biggest position. Graves Light Lenhart Wealth Inc.'s holdings in Alphabet were worth $22,502,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of GOOGL. Chapin Davis Inc. boosted its holdings in shares of Alphabet by 0.8% during the 3rd quarter. Chapin Davis Inc. now owns 35,904 shares of the information services provider's stock valued at $12,354,000 after acquiring an additional 277 shares in the last quarter. Hardin Capital Partners LLC boosted its position in Alphabet by 53.4% during the 3rd quarter. Hardin Capital Partners LLC now owns 1,261 shares of the information services provider's stock worth $434,000 after buying an additional 439 shares during the period. Post Resch Tallon Group Inc. grew its stake in shares of Alphabet by 15.9% in the third quarter. Post Resch Tallon Group Inc. now owns 903 shares of the information services provider's stock worth $311,000 after purchasing an additional 124 shares during the last quarter. Inspirion Wealth Advisors LLC lifted its stake in shares of Alphabet by 5.2% in the third quarter. Inspirion Wealth Advisors LLC now owns 3,897 shares of the information services provider's stock worth $1,341,000 after acquiring an additional 194 shares during the period. Finally, Eclectic Associates Inc. ADV increased its position in shares of Alphabet by 2.9% during the third quarter. Eclectic Associates Inc. ADV now owns 2,404 shares of the information services provider's stock worth $827,000 after buying an additional 68 shares during the period. 40.03% of the stock is currently owned by institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet unveiled Gemini Agent, an AI system designed to complete multistep tasks across Gmail, Docs, Sheets, Calendar and third-party platforms such as Microsoft 365, Salesforce Slack, Jira and Snowflake. The enterprise focus could support Google Cloud growth and create new Workspace monetization opportunities. Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
• Positive Sentiment: TD Cowen raised its Alphabet price target to $485 while maintaining a Buy rating after the Gemini Agent announcement. Other coverage continues to be broadly bullish, with analysts citing Alphabet’s valuation, advertising business, cloud expansion and AI potential. Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
• Positive Sentiment: Employees are reportedly testing Gemini 4 Carbon, a newer internal model that could improve Alphabet’s competitiveness against OpenAI and Anthropic if it delivers better performance. The report is speculative, but it reinforces expectations for continued AI investment. Google is about to roll out a new AI model
• Positive Sentiment: Alphabet’s reported roughly $13 billion Nordic AI data-center investment highlights access to reliable, lower-cost power and could help address U.S. permitting and grid constraints, though the spending also raises capital-intensity concerns. Google's $13 Billion Nordic Bet

Alphabet Stock Up 1.0%

Shares of GOOGL opened at $351.66 on Friday. The firm has a market capitalization of $4.30 trillion, a P/E ratio of 17.66, a P/E/G ratio of 1.01 and a beta of 1.21. The firm has a fifty day moving average price of $345.90 and a 200-day moving average price of $349.18. Alphabet Inc. has a 12-month low of $235.84 and a 12-month high of $408.61. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. The firm had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Equities research analysts expect that Alphabet Inc. will post 20.55 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. Shareholders of record on Monday, September 7th were paid a $0.22 dividend. 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 4.42%.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of several research analyst reports. Piper Sandler upped their target price on Alphabet from $395.00 to $400.00 and gave the company an "overweight" rating in a research report on Monday, September 28th. Needham & Company LLC restated a "buy" rating and issued a $450.00 price objective on shares of Alphabet in a research note on Thursday. Evercore reissued an "outperform" rating and set a $450.00 target price on shares of Alphabet in a report on Wednesday, September 16th. Citizens Jmp reiterated a "market outperform" rating and issued a $515.00 price objective on shares of Alphabet in a report on Wednesday, July 22nd. Finally, Freedom Capital raised Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $425.72.

Insiders Place Their Bets

In other Alphabet 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 transaction of $149,606.80. Following the transaction, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction 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 sale, the director owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 441,399 shares of company stock valued at $8,677,053. Insiders own 11.61% of the company's stock.

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.

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