Alphabet Inc. $GOOGL Stock Sold by Avior Wealth Management LLC

Key Points

• Avior Wealth Management reduced its Alphabet stake by 5.7% in the third quarter, selling 2,757 shares and retaining 45,725 shares valued at approximately $15.7 million.
• Institutional ownership remains significant at 40.03%, with several funds increasing their positions, including WCM Investment Management, which boosted its stake by 287.4%.
• Analyst sentiment remains favorable: Alphabet carries a consensus “Buy” rating with an average price target of $425.72, while its latest quarterly results exceeded expectations with $9.11 in EPS and $119.8 billion in revenue.

Avior Wealth Management LLC reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,725 shares of the information services provider's stock after selling 2,757 shares during the quarter. Avior Wealth Management LLC's holdings in Alphabet were worth $15,733,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Titleist Asset Management LLC increased its position in shares of Alphabet by 6.4% in the third quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider's stock worth $11,909,000 after acquiring an additional 2,096 shares in the last quarter. PFG Investments LLC boosted its stake in Alphabet by 2.6% in the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider's stock worth $25,679,000 after purchasing an additional 2,269 shares during the period. Elefante Mark B grew its position in Alphabet by 4.5% during the 2nd quarter. Elefante Mark B now owns 43,733 shares of the information services provider's stock worth $15,629,000 after purchasing an additional 1,897 shares in the last quarter. Nwam LLC grew its position in Alphabet by 19.6% during the 1st quarter. Nwam LLC now owns 49,128 shares of the information services provider's stock worth $14,127,000 after purchasing an additional 8,055 shares in the last quarter. Finally, WCM Investment Management LLC grew its position in Alphabet by 287.4% during the 1st quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider's stock worth $1,063,000 after purchasing an additional 2,883 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst support: Cantor Fitzgerald reaffirmed its “Overweight” rating and set a $420 price target, implying substantial upside from recent levels. Cantor Fitzgerald Reaffirms Overweight Rating for Alphabet
• Positive Sentiment: Cloud and AI momentum: Google Cloud reportedly produced $24.8 billion in second-quarter revenue, with operating income more than tripling year over year. Its $514 billion backlog—much of which could be recognized within 24 months—supports the case that Alphabet’s heavy AI infrastructure spending can generate significant future revenue. Alphabet’s Google Cloud Is Surging
• Positive Sentiment: Power for AI expansion: Google’s reported 3.59-gigawatt nuclear power agreement with Constellation could provide reliable electricity for data centers and reinforce Alphabet’s long-term AI capacity strategy. Nuclear ETFs in Spotlight as Google and Constellation Sign Deal
• Positive Sentiment: New growth initiatives: The Fitbit Edge launch and a Function Health partnership expand Google’s subscription-oriented digital-health ecosystem, while Waymo’s rising autonomous-ride volume provides additional long-term optionality. Google Comes for Apple’s Health Data Advantage
• Neutral Sentiment: Investor articles continue to favor Alphabet over peers such as Meta and Amazon based on its search dominance, cloud growth and AI backlog, though these are opinion-based assessments rather than new company guidance. Alphabet vs. Meta Platforms
• Negative Sentiment: Legal overhang: Several law firms publicized an existing securities class action covering investors who purchased Alphabet shares from May 19 through July 16, 2026. The case alleges investors were misled about Gemini 3.5 Pro’s development delays and training-data setbacks; the allegations have not been proven. Lead-plaintiff deadlines are in late November or December. Levi and Korsinsky Alphabet Class Action Notice

Insider Buying and Selling

In related news, CAO Marsida Saraci sold 449 shares of Alphabet 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 completion of the sale, the chief accounting officer owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. This trade 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 accessible through the SEC website. Also, Director Frances Arnold sold 83 shares of the business's stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 441,399 shares of company stock worth $8,677,053. Corporate insiders own 11.61% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on GOOGL shares. Roth Capital reissued a "buy" rating and set a $440.00 target price (up from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Jefferies Financial Group reaffirmed a "buy" rating on shares of Alphabet in a research report on Monday, June 22nd. Pivotal Research reiterated a "buy" rating and set a $475.00 price target (up from $470.00) on shares of Alphabet in a report on Thursday, July 23rd. Evercore reissued an "outperform" rating and set a $450.00 price target on shares of Alphabet in a research report on Wednesday, September 16th. Finally, KeyCorp upped their price target on Alphabet from $425.00 to $445.00 and gave the company an "overweight" rating in a research report on Friday, July 10th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has an average rating of "Buy" and a consensus target price of $425.72.

Alphabet Stock Up 0.3%

Alphabet stock opened at $352.72 on Tuesday. Alphabet Inc. has a twelve month low of $239.71 and a twelve month high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The firm has a market cap of $4.31 trillion, a PE ratio of 17.72, a P/E/G ratio of 1.02 and a beta of 1.21. The firm's 50 day moving average price is $345.48 and its two-hundred day moving average price is $349.96.

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 during the quarter, compared to analyst estimates of $117.07 billion. On average, research analysts predict that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed 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. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, September 4th. Alphabet's dividend payout ratio (DPR) is currently 4.42%.

About Alphabet

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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