Wealth Management Associates Inc. Trims Stock Position in Alphabet Inc. $GOOGL

Wealth Management Associates Inc. cut its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 13.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,672 shares of the information services provider’s stock after selling 2,046 shares during the period. Alphabet accounts for about 1.2% of Wealth Management Associates Inc.’s portfolio, making the stock its 20th largest holding. Wealth Management Associates Inc.’s holdings in Alphabet were worth $3,324,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GOOGL. Rye Brook Capital LLC purchased a new stake in Alphabet in the third quarter valued at $243,000. RB Capital Management LLC grew its holdings in shares of Alphabet by 1.7% during the 3rd quarter. RB Capital Management LLC now owns 35,319 shares of the information services provider’s stock worth $8,586,000 after purchasing an additional 577 shares during the period. Daner Wealth Management LLC increased its position in shares of Alphabet by 11.8% during the 3rd quarter. Daner Wealth Management LLC now owns 2,489 shares of the information services provider’s stock worth $630,000 after purchasing an additional 263 shares during the last quarter. Financial Consulate Inc. increased its position in shares of Alphabet by 8.0% during the 3rd quarter. Financial Consulate Inc. now owns 5,995 shares of the information services provider’s stock worth $1,457,000 after purchasing an additional 442 shares during the last quarter. Finally, Salomon & Ludwin LLC raised its holdings in Alphabet by 21.8% in the 3rd quarter. Salomon & Ludwin LLC now owns 7,379 shares of the information services provider’s stock valued at $1,810,000 after buying an additional 1,321 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Morgan Stanley upped their price target on Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Wells Fargo & Company raised their price objective on shares of Alphabet from $236.00 to $268.00 and gave the company an “equal weight” rating in a research note on Thursday, October 30th. BNP Paribas assumed coverage on shares of Alphabet in a research note on Monday, November 24th. They set an “outperform” rating and a $355.00 target price on the stock. Arete Research increased their target price on shares of Alphabet from $300.00 to $380.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.19.

Alphabet Trading Up 1.0%

NASDAQ GOOGL opened at $328.57 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $330.83. The stock has a market capitalization of $3.96 trillion, a PE ratio of 32.40, a price-to-earnings-growth ratio of 1.80 and a beta of 1.08. The firm has a 50 day moving average of $306.19 and a two-hundred day moving average of $248.74.

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

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a dividend of $0.21 per share. 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 payout ratio is 8.28%.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 102 shares of the company’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $313.45, for a total transaction of $31,971.90. Following the completion of the transaction, the director directly owned 18,205 shares of the company’s stock, valued at approximately $5,706,357.25. This represents a 0.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John Kent Walker sold 17,829 shares of the stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the transaction, the insider owned 42,972 shares in the company, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 225,187 shares of company stock worth $66,695,036 over the last three months. Company insiders own 11.64% of the company’s stock.

Trending Headlines about 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

About Alphabet

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.