Green Ridge Wealth Planning LLC Lowers Holdings in Alphabet Inc. $GOOGL

Key Points

• Green Ridge Wealth Planning reduced its Alphabet stake by 8.5% in the third quarter, selling 1,717 shares and retaining 18,450 shares valued at approximately $6.35 million. Alphabet remains the firm’s 11th-largest holding and represents 2.6% of its portfolio.
• Alphabet reported quarterly revenue of $119.8 billion and earnings per share of $9.11, substantially exceeding analyst expectations. The company also pays a quarterly dividend of $0.22, equivalent to a 0.3% yield.
• Analyst sentiment remains positive, with a consensus “Buy” rating and an average price target of $425.72, although insiders sold 441,399 shares worth about $8.68 million over the past 90 days.

Green Ridge Wealth Planning LLC lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,450 shares of the information services provider's stock after selling 1,717 shares during the quarter. Alphabet comprises about 2.6% of Green Ridge Wealth Planning LLC's investment portfolio, making the stock its 11th biggest holding. Green Ridge Wealth Planning LLC's holdings in Alphabet were worth $6,348,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. EMC Capital Management purchased a new stake in Alphabet in the fourth quarter worth approximately $33,000. Lifetime Wealth Management P.C. bought a new stake in Alphabet in the 4th quarter worth approximately $32,000. Core Capital Management & Research inc. purchased a new stake in Alphabet during the 2nd quarter valued at $41,000. Premier Financial Group purchased a new stake in Alphabet during the 2nd quarter valued at $45,000. Finally, Bard Associates Inc. bought a new position in shares of Alphabet during the 4th quarter valued at $52,000. 40.03% of the stock is currently owned by institutional investors.

Alphabet Price Performance

Shares of Alphabet stock opened at $348.29 on Friday. Alphabet Inc. has a one year low of $235.84 and a one year high of $408.61. The stock's fifty day moving average is $345.99 and its 200 day moving average is $349.17. The stock has a market cap of $4.26 trillion, a P/E ratio of 17.49, a P/E/G ratio of 1.01 and a beta of 1.21. 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 (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating 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 company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Sell-side analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were paid a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio (DPR) is 4.42%.

Insider Activity

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the firm's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 441,399 shares of company stock valued at $8,677,053 in the last ninety days. Corporate insiders own 11.61% of the company's stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced an agentic version of Gemini for business users. The unified agent is designed to perform tasks across workplace applications, strengthening Alphabet’s position in enterprise AI and intensifying competition with Microsoft and OpenAI. Google brings agentic AI to Gemini
• Positive Sentiment: Alphabet’s Waymo autonomous-vehicle unit secured a $5 billion loan from Blackstone, PIMCO and Sixth Street, providing financing for robotaxi expansion without requiring Alphabet to fund the entire rollout directly. Waymo secures $5 billion loan
• Positive Sentiment: Isomorphic Labs, Alphabet’s AI drug-discovery subsidiary, is reportedly discussing a funding round valuing the business between $40 billion and $50 billion. A successful financing could highlight the value of Alphabet’s AI portfolio beyond search and advertising. Isomorphic Labs funding talks
• Positive Sentiment: Analyst sentiment remains strongly bullish: Needham reaffirmed a Buy rating with a $450 price target, while other reports cited broad upside expectations based on Alphabet’s earnings power, cloud growth and AI opportunities.
• Neutral Sentiment: Alphabet and Unity expanded their AI gaming partnership, including tools that let users create games through natural-language prompts. The initiative could broaden Google Play engagement, although monetization and adoption remain unproven. Google and Unity gaming partnership
• Negative Sentiment: Multiple law firms publicized an existing securities class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege that management failed to disclose issues related to the expected Gemini 3.5 Pro launch and training results. These are allegations, not findings of liability, but the repeated alerts add legal and reputational overhang. Alphabet securities class action announcement
• Negative Sentiment: Google was ordered to halt work on two Finnish data centers pending environmental-impact assessments, potentially delaying infrastructure expansion. Commentary also questioned whether Alphabet is converting heavy AI capital spending into sufficient revenue and criticized its progress in AI coding.

Analyst Ratings Changes

A number of research firms have recently issued reports on GOOGL. Freedom Capital upgraded Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. Truist Financial set a $420.00 price objective on Alphabet and gave the company a "buy" rating in a research report on Thursday, July 23rd. Benchmark reissued a "buy" rating on shares of Alphabet in a report on Thursday, October 1st. UBS Group dropped their target price on Alphabet from $400.00 to $379.00 and set a "neutral" rating on the stock in a research report on Thursday, July 23rd. Finally, Evercore reaffirmed an "outperform" rating and set a $450.00 price target on shares of Alphabet in a research report on Wednesday, September 16th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $425.72.

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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