Alphabet Inc. $GOOGL Stock: Everett Harris & Co. CA Lowers Holdings

Everett Harris & Co. CA trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 546,152 shares of the information services provider's stock after selling 4,167 shares during the quarter. Alphabet accounts for about 2.2% of Everett Harris & Co. CA's investment portfolio, making the stock its 9th biggest position. Everett Harris & Co. CA's holdings in Alphabet were worth $187,920,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GOOGL. EMC Capital Management purchased a new stake in Alphabet during the 2nd quarter worth approximately $35,000. Core Capital Management & Research inc. purchased a new position in shares of Alphabet during the 2nd quarter valued at approximately $41,000. Intelligent Financial Strategies purchased a new position in shares of Alphabet during the 3rd quarter valued at approximately $41,000. Premier Financial Group purchased a new position in shares of Alphabet during the 2nd quarter valued at approximately $45,000. Finally, Van Den Berg Management I Inc. grew its position in shares of 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 buying an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the business's stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director owned 19,076 shares in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 247 shares of company stock valued at $79,238 over the last three months. Insiders own 11.61% of the company's stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Alphabet Price Performance

Shares of GOOGL opened at $284.78 on Friday. The firm has a market cap of $3.48 trillion, a price-to-earnings ratio of 14.86, a PEG ratio of 0.86 and a beta of 1.23. The stock has a 50 day moving average of $332.93 and a 200-day moving average of $338.97. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. Alphabet Inc. has a 52 week low of $270.70 and a 52 week high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts' consensus estimates of $3.02 by ($0.90). The firm had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. As a group, analysts forecast that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet's payout ratio is currently 4.59%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on GOOGL shares. Guggenheim restated a "buy" rating and issued a $450.00 price target on shares of Alphabet in a research note on Thursday, October 29th. Piper Sandler set a $345.00 price target on shares of Alphabet and gave the company an "overweight" rating in a report on Thursday, October 29th. Needham & Company LLC reiterated a "buy" rating and set a $450.00 price objective on shares of Alphabet in a research note on Thursday, October 29th. UBS Group set a $332.00 price objective on shares of Alphabet and gave the stock a "neutral" rating in a report on Thursday, October 29th. Finally, Sanford C. Bernstein reissued a "market perform" rating and issued a $325.00 target price (down from $385.00) on shares of Alphabet in a research report on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $412.51.

Alphabet Profile

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google's products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.

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