Strait & Sound Wealth Management LLC Has $8.84 Million Stake in Alphabet Inc. $GOOGL

Strait & Sound Wealth Management LLC increased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 17.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,370 shares of the information services provider’s stock after buying an additional 5,521 shares during the period. Alphabet comprises approximately 3.4% of Strait & Sound Wealth Management LLC’s portfolio, making the stock its 7th largest position. Strait & Sound Wealth Management LLC’s holdings in Alphabet were worth $8,842,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOOGL. Vanguard Group Inc. increased its holdings in Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after purchasing an additional 6,733,278 shares during the period. State Street Corp lifted its holdings in Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after buying an additional 4,008,374 shares during the period. Geode Capital Management LLC grew its position in shares of Alphabet by 3.1% in the 2nd quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock valued at $24,857,017,000 after buying an additional 4,224,497 shares during the last quarter. Norges Bank acquired a new stake in shares of Alphabet in the second quarter valued at about $21,944,208,000. Finally, Invesco Ltd. raised its position in shares of Alphabet by 1.2% during the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock worth $7,780,875,000 after acquiring an additional 503,306 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Up 1.0%

NASDAQ:GOOGL opened at $328.57 on Friday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $330.83. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $3.96 trillion, a price-to-earnings ratio of 32.40, a PEG ratio of 1.80 and a beta of 1.08. The firm has a fifty day simple moving average of $306.19 and a two-hundred day simple moving average of $248.74.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Insider Activity

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the transaction, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John L. Hennessy sold 600 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $308.19, for a total value of $184,914.00. Following the completion of the transaction, the director owned 3,916 shares in the company, valued at approximately $1,206,872.04. This represents a 13.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 225,187 shares of company stock valued at $66,695,036. Corporate insiders own 11.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Bank of America upped their target price on Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, October 30th. BNP Paribas Exane began coverage on shares of Alphabet in a research report on Monday, November 24th. They issued an “outperform” rating and a $355.00 price target on the stock. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 7th. DA Davidson reissued a “neutral” rating and set a $300.00 target price on shares of Alphabet in a research note on Tuesday, November 25th. Finally, Sanford C. Bernstein upped their price target on shares of Alphabet from $260.00 to $305.00 and gave the company a “market perform” rating in a research report on Thursday, October 30th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $323.19.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI & advertising momentum: Analysts and media posit that Alphabet’s Gemini/AI-search progress and a strong advertising engine are driving a renewed rally and expectations that the company can join the $4 trillion market-cap group. Prediction: This Artificial Intelligence Stock Will Become a Member of the $4 Trillion Club in 2026
• Positive Sentiment: Market-cap milestone: Alphabet has overtaken Apple to become the world’s second-most valuable public company — a status shift that can attract index/ETF flows and underpins momentum. Google Claims Apple’s Spot on Most-Valuable-Companies List
• Positive Sentiment: Wall Street upgrades: Multiple analysts have raised price targets and issued bullish notes heading into 2026, reinforcing institutional demand and supporting higher valuations. Analyst revises Google stock price target for the next 12 months
• Neutral Sentiment: Wiz acquisition pending EU decision: The EU will decide on Alphabet’s $32B Wiz buy by Feb. 10 — resolution will remove a major overhang but could bring remedies or conditions. EU antitrust regulators to decide on Google’s Wiz deal by February 10
• Neutral Sentiment: Lawsuit settlements on AI chatbots: Alphabet and Character.AI settled suits tied to minors’ harm, which reduces immediate legal uncertainty but keeps reputational and regulatory scrutiny active. Google and Character.AI to Settle Lawsuit Over Teenager’s Death
• Negative Sentiment: App-store pressure from U.S. senators: Three Democratic senators urged Apple and Google to suspend Elon Musk’s X and Grok apps after allegations that Grok-enabled image generation facilitated sexualized images of minors — this directly implicates Google’s Play Store and could invite political/regulatory attention. Grok and X should be suspended from Apple, Google app stores, Democratic senators say
• Negative Sentiment: Insider selling: CEO Sundar Pichai sold 32,500 shares (SEC filing). The sale is small relative to his holdings but can be viewed negatively by some market participants. Sundar Pichai stock sale filing
• Negative Sentiment: Talent poaching: Nvidia hired a senior Google marketing executive as CMO — a signal that top talent is mobile amid fierce AI competition, which could concern investors about retention. Nvidia Hires Google Veteran as Its First Chief Marketing Officer

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.