Alphabet Inc. $GOOGL Shares Acquired by Shelton Wealth Management LLC

Key Points

• Shelton Wealth Management increased its Alphabet stake by 20.7% in the third quarter, acquiring 1,750 additional shares for a total of 10,223 shares valued at approximately $3.52 million.
• Alphabet reported strong quarterly results, with EPS of $9.11 and revenue of $119.8 billion, beating analyst estimates. Wall Street maintains a “Buy” consensus with an average price target of $426.04, compared with a recent price of $344.18.
• Insiders sold roughly $7.95 million worth of Alphabet shares over the past 90 days, while the company continues paying a quarterly dividend of $0.22 per share, equivalent to a 0.3% yield.

Shelton Wealth Management LLC boosted its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 20.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,223 shares of the information services provider's stock after acquiring an additional 1,750 shares during the quarter. Alphabet accounts for 1.4% of Shelton Wealth Management LLC's investment portfolio, making the stock its 18th biggest position. Shelton Wealth Management LLC's holdings in Alphabet were worth $3,518,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. purchased a new position in shares of Alphabet in the 4th quarter worth about $32,000. EMC Capital Management acquired a new position in shares of Alphabet in the 4th quarter valued at about $33,000. Core Capital Management & Research inc. acquired a new position in shares of Alphabet in the 2nd quarter valued at about $41,000. Premier Financial Group purchased a new stake in shares of Alphabet during the 2nd quarter worth about $45,000. Finally, Van Den Berg Management I Inc. grew its holdings in shares of Alphabet by 319.6% during the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider's stock worth $61,000 after purchasing an additional 163 shares during the period. Hedge funds and other institutional investors own 40.03% of the company's stock.

Insider Activity

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Frances Arnold sold 83 shares of the business's 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 transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 402,479 shares of company stock worth $7,946,534 over the last 90 days. Company insiders own 11.61% of the company's stock.

Alphabet Price Performance

GOOGL stock opened at $344.18 on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 1 year low of $244.15 and a 1 year high of $408.61. The firm has a market cap of $4.21 trillion, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21. The stock has a 50-day simple moving average of $344.00 and a 200-day simple moving average of $352.27.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping 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%. On average, equities analysts predict that Alphabet Inc. will post 20.55 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were paid 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 dividend payout ratio (DPR) is currently 4.42%.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of a number of research analyst reports. Truist Financial set a $420.00 target price on shares of Alphabet and gave the stock a "buy" rating in a research report on Thursday, July 23rd. DZ Bank upgraded shares of Alphabet to a "strong-buy" rating in a report on Thursday, July 23rd. Benchmark reaffirmed a "buy" rating on shares of Alphabet in a research report on Thursday, October 1st. Roth Capital reiterated a "buy" rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Evercore reiterated an "outperform" rating and set a $450.00 price objective on shares of Alphabet in a research note on Wednesday, September 16th. Five analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $426.04.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud’s 82% second-quarter growth remains the key catalyst. Investors expect another strong performance, potentially exceeding 100% revenue growth, as demand for AI computing capacity remains high. Google Cloud revenue outlook
• Positive Sentiment: Analysts and market commentators continue to highlight Alphabet’s AI advantages, including Gemini, internally developed tensor processing units (TPUs), strong cash generation and a lower valuation relative to some large technology peers. KeyCorp maintained an “overweight” rating despite lowering its price target to $410 from $435. Alphabet AI strategy
• Positive Sentiment: Google reported a major quantum-computing error-reduction breakthrough, while its carbon-removal and lower-carbon power initiatives could strengthen Alphabet’s long-term technology and infrastructure positioning. Quantum computing breakthrough
• Neutral Sentiment: Former Google CEO Eric Schmidt reportedly owns a 1% stake in Anthropic. The investment underscores the competitive AI landscape but does not directly change Alphabet’s financial results. Schmidt Anthropic stake
• Negative Sentiment: Investors remain concerned that a reported delay to Google’s next TPU could postpone revenue and profit benefits from Alphabet’s custom-chip strategy. Upcoming results will need to show that TPU demand is translating into meaningful earnings. Google TPU delay
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege Alphabet failed to disclose adverse information related to the delayed Gemini 3.5 Pro launch; the lead-plaintiff deadline is December 1, 2026. Alphabet shareholder lawsuit alert
• Negative Sentiment: The U.S. Supreme Court rejected Google’s challenge to a patent-agency review policy, leaving the company exposed to potentially less favorable patent-review procedures. Supreme Court patent ruling

Alphabet Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.

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