Tritonpoint Wealth LLC Sells 1,600 Shares of Alphabet Inc. $GOOGL

Tritonpoint Wealth LLC reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,080 shares of the information services provider’s stock after selling 1,600 shares during the quarter. Alphabet accounts for 3.2% of Tritonpoint Wealth LLC’s portfolio, making the stock its 5th largest position. Tritonpoint Wealth LLC’s holdings in Alphabet were worth $36,971,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Breakwater Investment Management lifted its holdings in Alphabet by 1.0% during the 3rd quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock valued at $1,028,000 after purchasing an additional 41 shares during the last quarter. Wealth Alliance Advisory Group LLC grew its stake in Alphabet by 1.0% during the third quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after buying an additional 41 shares during the last quarter. Contravisory Investment Management Inc. increased its holdings in shares of Alphabet by 2.9% during the third quarter. Contravisory Investment Management Inc. now owns 1,572 shares of the information services provider’s stock worth $382,000 after buying an additional 44 shares in the last quarter. LongView Wealth Management raised its stake in shares of Alphabet by 1.2% in the third quarter. LongView Wealth Management now owns 3,817 shares of the information services provider’s stock valued at $928,000 after acquiring an additional 46 shares during the last quarter. Finally, Towerpoint Wealth LLC boosted its holdings in shares of Alphabet by 1.6% in the 3rd quarter. Towerpoint Wealth LLC now owns 3,037 shares of the information services provider’s stock worth $738,000 after acquiring an additional 47 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

GOOGL has been the subject of a number of recent analyst reports. Citizens Jmp raised their price target on Alphabet from $250.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, September 19th. JPMorgan Chase & Co. raised their target price on Alphabet from $340.00 to $385.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. Susquehanna lifted their price target on Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a report on Thursday, October 30th. Loop Capital raised shares of Alphabet from a “hold” rating to a “buy” rating and increased their price objective for the stock from $260.00 to $320.00 in a report on Tuesday, November 18th. Finally, Truist Financial set a $350.00 price objective on shares of Alphabet and gave the company a “buy” rating in a research report on Friday, December 5th. Four analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $315.90.

Key Stores Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum: Analysts and commentators point to a renewed AI-led growth story (Gemini adoption, model upgrades) that strengthens search economics and monetization pathways. This narrative is driving investor enthusiasm. Google’s AI Renaissance (Growth Story is Far from Over)
• Positive Sentiment: Cloud strength and fundamentals: Google Cloud reported >30% growth in recent commentary and continues to accelerate, supporting revenue diversification beyond ads. Ranking the Best “Magnificent Seven” Stocks to Buy for 2026
• Positive Sentiment: Analyst upgrades / momentum: MarketBeat and others flagged Alphabet as one of the most-upgraded names with mean price-target upside (~20% at some bulls), which tends to draw flows and support the stock. The 5 Most Upgraded Stocks from 2025
• Neutral Sentiment: Valuation / positioning narrative: Coverage notes Alphabet has outperformed peers in 2025 and is being re-priced as an AI/cloud play; some see recent dips as buying opportunities while others warn upside may be partially priced in. Alphabet Stock is Starting to Get Cheap Again After Dipping in December
• Neutral Sentiment: Infrastructure/energy considerations: Reports highlight Alphabet’s growing data‑center power needs and recent moves to secure renewable energy and projects—important operationally but longer‑dated for direct EPS impact. Google buys renewable energy project developer Intersect
• Negative Sentiment: High AI CapEx scrutiny: Several pieces warn hyperscaler spending on AI infrastructure is large and could pressure free cash flow and margins in the near term, a risk investors are watching. Buy Stock in the Mag 7 Hyperscalers or Are They Spending Too Much?
• Negative Sentiment: Regulatory/legal noise: Reports about DOJ probes and other policy scrutiny add an element of regulatory risk that can weigh on sentiment if escalated. Trump’s Justice Department probes Google

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $313.85 on Wednesday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $328.83. The stock has a market capitalization of $3.79 trillion, a P/E ratio of 30.95, a P/E/G ratio of 1.80 and a beta of 1.07. The business has a 50-day moving average price of $298.00 and a two-hundred day moving average price of $241.56.

Alphabet (NASDAQ:GOOGL) last issued its quarterly 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 company had revenue of $102.35 billion during 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%. Equities analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a dividend of $0.21 per share. The ex-dividend date was Monday, December 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 8.28%.

Insider Activity at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $299.80, for a total value of $9,743,500.00. Following the completion of the sale, the chief executive officer owned 2,239,619 shares in the company, valued at approximately $671,437,776.20. This represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Frances Arnold sold 102 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $317.66, for a total value of $32,401.32. Following the completion of the transaction, the director directly owned 18,104 shares in the company, valued at $5,750,916.64. The trade was a 0.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 192,585 shares of company stock worth $56,223,739. 11.55% of the stock is owned by company insiders.

Alphabet 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.