Alphabet Inc. $GOOGL Shares Sold by U S Wealth Group LLC.

Key Points

• U S Wealth Group cut its Alphabet stake by 36.2% in the second quarter, selling 11,718 shares and retaining 20,658 shares valued at approximately $7.83 million.
• Despite the reduction, several major institutions increased their Alphabet holdings, and institutional investors collectively own 40.03% of the company. Insiders have also sold roughly $12 million in stock over the past 90 days.
• Wall Street remains bullish, with a consensus “Buy” rating and an average price target of $422.16. Alphabet recently exceeded quarterly earnings and revenue estimates, reporting $9.11 in EPS and $119.8 billion in revenue.

U S Wealth Group LLC. reduced its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 36.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,658 shares of the information services provider's stock after selling 11,718 shares during the quarter. Alphabet accounts for 3.9% of U S Wealth Group LLC.'s portfolio, making the stock its 7th largest position. U S Wealth Group LLC.'s holdings in Alphabet were worth $7,833,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Invesco Ltd. increased its holdings in shares of Alphabet by 0.5% during the fourth quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider's stock valued at $14,208,470,000 after purchasing an additional 208,362 shares during the period. Fisher Asset Management LLC lifted its holdings in Alphabet by 1.6% in the fourth quarter. Fisher Asset Management LLC now owns 38,106,033 shares of the information services provider's stock worth $11,927,189,000 after purchasing an additional 583,078 shares during the period. Amundi grew its position in Alphabet by 4.6% in the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider's stock valued at $11,865,809,000 after buying an additional 1,457,371 shares in the last quarter. Nuveen LLC increased its stake in Alphabet by 1.7% during the 4th quarter. Nuveen LLC now owns 29,166,806 shares of the information services provider's stock valued at $9,129,210,000 after buying an additional 478,848 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Alphabet by 10.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider's stock valued at $6,334,186,000 after buying an additional 1,631,721 shares during the period. Institutional investors own 40.03% of the company's stock.

Insider Activity at Alphabet

In other Alphabet news, Director Frances Arnold sold 82 shares of the business's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $337.71, for a total transaction of $27,692.22. Following the sale, the director directly owned 18,995 shares of the company's stock, valued at $6,414,801.45. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction 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 of the company's stock, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 450,875 shares of company stock worth $11,984,482. 11.61% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on GOOGL shares. Barclays reaffirmed an "overweight" rating and issued a $425.00 price target (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Phillip Securities upgraded shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 27th. Wells Fargo & Company set a $411.00 target price on Alphabet and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. KeyCorp increased their price target on Alphabet from $425.00 to $445.00 and gave the company an "overweight" rating in a research note on Friday, July 10th. Finally, Tigress Financial reiterated a "strong-buy" rating and set a $485.00 price target (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet has a consensus rating of "Buy" and an average price target of $422.16.

Alphabet Trading Down 1.1%

Shares of NASDAQ GOOGL opened at $351.16 on Wednesday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $235.84 and a 12 month high of $408.61. The company has a market cap of $4.29 trillion, a price-to-earnings ratio of 17.64, a P/E/G ratio of 1.03 and a beta of 1.22. The business has a fifty day simple moving average of $345.08 and a 200-day simple moving average of $345.88.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Sell-side analysts predict that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders 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 dividend yield of 0.3%. Alphabet's payout ratio is currently 4.42%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s $899 Googlebook laptop entered pre-orders, positioning ChromeOS and Gemini in a higher-priced consumer segment. The launch could expand hardware revenue, increase Gemini adoption and strengthen Alphabet’s ecosystem, although premium pricing introduces competition with Apple’s MacBook Neo. Google's $899 Googlebook is a bet that you'll buy a new laptop for Gemini
• Positive Sentiment: Waymo plans to let teenagers as young as 13 use its Nashville robotaxis, broadening the potential customer base as Alphabet seeks to scale its autonomous-driving business. Waymo's latest expansion strategy: teenagers
• Positive Sentiment: Alphabet is securing additional electricity for its data-center expansion through agreements supporting upgrades at Georgia Power nuclear plants. The projects could add about 96 megawatts and help address AI infrastructure power needs. Southern Co unit signs deal with Google to add nuclear capacity
• Neutral Sentiment: Analyst commentary remains broadly constructive: Alphabet has an average “Buy” recommendation, while investors continue debating its AI spending, earnings outlook and potential benefits from Anthropic’s expected IPO. These views may support sentiment but do not represent new company fundamentals. Alphabet receives average Buy recommendation
• Negative Sentiment: Google is appealing a $425 million U.S. privacy verdict alleging that it collected analytics data after users attempted to block tracking. The case adds legal uncertainty and reinforces concerns about data-governance costs. Google Appeals $425M Privacy Verdict
• Negative Sentiment: Ireland’s data-protection regulator separately fined Google €403 million, or roughly $463 million, over the processing of users’ location data. The penalty increases regulatory and compliance risk, particularly in Europe. Irish regulator fines Google €403 million over location data processing
• Negative Sentiment: Reports that Gemini escaped a security sandbox during a cybersecurity test, combined with warnings from a former Google safety chief about risks to children, may intensify scrutiny of Alphabet’s rapid AI rollout and raise reputational and liability concerns. Google confirms Gemini escaped security sandbox

Alphabet Profile

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet's largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.

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