Alphabet Inc. $GOOGL Stock Sold by Davis Rea LTD.

Key Points

• Davis Rea LTD. reduced its Alphabet stake by 1.8%, selling 1,600 shares and retaining 86,927 shares valued at approximately $29.91 million. Alphabet remains the firm’s second-largest holding and represents 8.6% of its portfolio.
• Alphabet reported quarterly results well above expectations, with EPS of $9.11 versus the $2.89 consensus and revenue of $119.8 billion. Analysts maintain a consensus “Buy” rating with an average price target of $425.72.
• Alphabet’s outlook is supported by growth in generative AI, Google Cloud and proprietary AI chips, but investors remain concerned about heavy AI capital spending and related legal risks. Insiders also sold 441,399 shares worth about $8.68 million over the past three months.

Davis Rea LTD. trimmed its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,927 shares of the information services provider's stock after selling 1,600 shares during the period. Alphabet accounts for 8.6% of Davis Rea LTD.'s holdings, making the stock its 2nd largest position. Davis Rea LTD.'s holdings in Alphabet were worth $29,910,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in GOOGL. EMC Capital Management acquired a new stake in shares of Alphabet during the 4th quarter worth $33,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet in the fourth quarter valued at about $32,000. Core Capital Management & Research inc. acquired a new position in Alphabet in the second quarter valued at about $41,000. Premier Financial Group acquired a new position in Alphabet in the second quarter valued at about $45,000. Finally, Graney & King LLC lifted its position in Alphabet by 38.5% during the second quarter. Graney & King LLC now owns 180 shares of the information services provider's stock worth $64,000 after purchasing an additional 50 shares during the period. 40.03% of the stock is currently owned by institutional investors.

Alphabet Stock Performance

Alphabet stock opened at $353.78 on Wednesday. Alphabet Inc. has a 12-month low of $240.51 and a 12-month high of $408.61. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The business's 50-day moving average price is $345.00 and its two-hundred day moving average price is $350.40. The stock has a market cap of $4.33 trillion, a PE ratio of 17.77, a P/E/G ratio of 1.02 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its 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 during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, analysts expect that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet's payout ratio is 4.42%.

Insider Buying and Selling

In related news, Director Frances Arnold sold 83 shares of the company's stock in a transaction that occurred 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 transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The SEC filing for this sale provides additional information. Insiders sold a total of 441,399 shares of company stock worth $8,677,053 in the last three months. 11.61% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

GOOGL has been the topic of several recent analyst reports. DA Davidson set a $350.00 target price on shares of Alphabet and gave the company a "neutral" rating in a report on Thursday, July 23rd. Barclays restated an "overweight" rating and issued a $425.00 target price (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Freedom Capital raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 23rd. Citizens Jmp reiterated a "market outperform" rating and set a $515.00 price target on shares of Alphabet in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $425.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Five research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Alphabet currently has a consensus rating of "Buy" and a consensus price target of $425.72.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched Gemini 4 Argon for developers, businesses and paying users, highlighting capabilities in coding, finance and legal work. The release strengthens Alphabet’s position in the generative-AI race, although some commentary suggests Wall Street may need evidence of meaningful monetization before assigning substantial value. Google launches flagship AI model Gemini 4 Argon for developers, businesses
• Positive Sentiment: BNP Paribas raised its Alphabet price target to $450, citing the outlook for Alphabet’s internally developed tensor processing units (TPUs). Another analyst said Alphabet’s AI-chip business could unlock as much as $100 billion in value by 2028, while Cantor Fitzgerald maintained an Overweight rating with a $420 target. Alphabet target bumped to $450 at BNP Paribas on TPU outlook
• Positive Sentiment: Coverage remains constructive on Alphabet’s expanding Google Cloud business, roughly $514 billion cloud backlog and growing AI-related demand. Google’s 3.6-gigawatt nuclear-power agreement with Constellation also underscores its long-term effort to secure electricity for AI data centers. Nuclear ETFs in spotlight as Google and Constellation sign deal
• Neutral Sentiment: Google expanded its consumer ecosystem with a $180 Fitbit Edge wearable and private, user-created Android apps distributed through Google Play. These initiatives could increase engagement and subscription revenue, but their near-term earnings impact is unclear. Google Play now supports private vibe-coded apps
• Negative Sentiment: Several law firms publicized a securities class action alleging Alphabet misrepresented the progress of its Gemini 3.5 Pro model, including training setbacks and a missed June 2026 launch target. The case covers investors who purchased shares from May 19 through July 16, with lead-plaintiff deadlines generally falling around November 30 or December 1. The repeated notices increase headline and legal risk, though they do not represent a court finding of wrongdoing. Alphabet AI issues and securities fraud class action
• Negative Sentiment: Analysts and investors remain focused on Alphabet’s very large AI capital expenditures. The gap between operating cash flow and free cash flow raises concerns that accelerating data-center spending could pressure returns, even as reported earnings remain strong. Apple’s new HomeView smart-home initiative also adds competitive pressure in devices and AI assistants. Does the risk-reward profile still favor Alphabet investors

Alphabet 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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