Alphabet Inc. $GOOGL Stock Holdings Lessened by Marietta Wealth Management LLC

Marietta Wealth Management LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 45.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 92,921 shares of the information services provider’s stock after selling 78,542 shares during the quarter. Alphabet makes up 2.8% of Marietta Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Marietta Wealth Management LLC’s holdings in Alphabet were worth $22,592,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Financial Gravity Companies Inc. bought a new position in shares of Alphabet during the second quarter valued at about $31,000. CarsonAllaria Wealth Management Ltd. increased its stake in Alphabet by 36.4% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after buying an additional 67 shares during the last quarter. Corsicana & Co. bought a new position in shares of Alphabet during the 3rd quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after buying an additional 89 shares during the last quarter. Finally, Christopher J. Hasenberg Inc boosted its stake in shares of Alphabet by 77.6% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock worth $61,000 after buying an additional 152 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s market value climbed past Apple’s, reinforcing investor confidence that Google is regaining leadership among mega‑cap tech names and boosting sentiment for GOOGL shares. Alphabet’s market cap surpasses Apple’s (CNBC)
• Positive Sentiment: Analysts have been raising ratings and price targets on Alphabet into Q4/Q1, with MarketBeat and other outlets highlighting a wave of bullish revisions tied to AI progress and regulatory relief — a factor supporting further upside. 5 Stocks Wall Street Repriced Higher (MarketBeat)
• Positive Sentiment: Operational catalysts: recent coverage points to faster AI momentum (Gemini/model upgrades), a stronger cloud AI story and an AI chip/cloud positioning that could lift revenue mix and margins over time — these fundamentals underpin the bullish narrative. How Google Got Its Groove Back (WSJ) Alphabet’s AI Cloud Moment (Seeking Alpha)
• Neutral Sentiment: Valuation discussions: commentators are debating whether GOOGL’s strong ~1‑year run makes it late to buy; elevated expectations increase sensitivity to any revenue or margin misses. Is It Too Late To Consider Alphabet? (Yahoo Finance)
• Negative Sentiment: Legal and reputational risk: Alphabet and Character.AI agreed to settle lawsuits tied to minors harmed after interacting with chatbots, including at least one tragic suicide — this raises potential legal costs, regulatory scrutiny of AI safety, and reputational pressures that could weigh on the stock if litigation or regulation expands. Google and Character.AI to Settle Lawsuit (NYT) Google, Character.AI to settle suits (CNBC)

Insider Activity at Alphabet

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $288.26, for a total transaction of $800,786.28. Following the sale, the chief accounting officer owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. This represents a 19.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the completion of the transaction, the chief executive officer directly owned 2,337,119 shares of the company’s stock, valued at approximately $662,526,494.12. The trade was a 1.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 192,687 shares of company stock valued at $56,255,711. Corporate insiders own 11.64% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on GOOGL shares. CIBC lifted their price target on Alphabet to $315.00 in a report on Monday, October 20th. Sanford C. Bernstein lifted their target price on Alphabet from $260.00 to $305.00 and gave the stock a “market perform” rating in a research note on Thursday, October 30th. Daiwa Capital Markets boosted their price target on shares of Alphabet from $233.00 to $333.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Hsbc Global Res upgraded shares of Alphabet to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, Morgan Stanley lifted their price objective on shares of Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $321.27.

Alphabet Trading Up 2.5%

Shares of GOOGL stock opened at $322.05 on Thursday. The company’s fifty day simple moving average is $304.36 and its two-hundred day simple moving average is $247.06. The stock has a market capitalization of $3.89 trillion, a price-to-earnings ratio of 31.76, a PEG ratio of 1.73 and a beta of 1.08. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $328.83.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. As a group, analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.