Manning & Napier Advisors LLC Sells 447,778 Shares of Alphabet Inc. $GOOGL

Manning & Napier Advisors LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 31.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 977,825 shares of the information services provider’s stock after selling 447,778 shares during the period. Alphabet accounts for approximately 3.0% of Manning & Napier Advisors LLC’s portfolio, making the stock its 7th biggest position. Manning & Napier Advisors LLC’s holdings in Alphabet were worth $238,638,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GOOGL. Financial Gravity Companies Inc. bought a new stake in shares of Alphabet in the 2nd quarter valued at approximately $31,000. CarsonAllaria Wealth Management Ltd. lifted its stake in Alphabet by 36.4% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after acquiring an additional 67 shares during the last quarter. Corsicana & Co. bought a new stake in Alphabet in the third quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC grew its position in Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares in the last quarter. Finally, S&T Bank PA increased its stake in shares of Alphabet by 40.2% during the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after purchasing an additional 99 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. BNP Paribas Exane initiated coverage on shares of Alphabet in a report on Monday, November 24th. They issued an “outperform” rating and a $355.00 price objective for the company. Canaccord Genuity Group set a $390.00 price target on Alphabet and gave the stock a “buy” rating in a research note on Wednesday, January 7th. New Street Research raised their price objective on Alphabet from $275.00 to $295.00 in a research note on Friday, October 24th. Hsbc Global Res upgraded Alphabet to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, DZ Bank reiterated a “buy” rating on shares of Alphabet in a report on Thursday, November 20th. Four analysts have rated the stock with a Strong Buy rating, forty-two have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $332.60.

Alphabet Stock Up 1.6%

Shares of GOOGL stock opened at $333.26 on Tuesday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $340.49. The firm has a market cap of $4.02 trillion, a PE ratio of 32.87, a price-to-earnings-growth ratio of 1.81 and a beta of 1.08. The stock has a 50 day moving average of $316.62 and a 200-day moving average of $261.78. 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 (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. On average, equities analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Insider Buying and Selling

In other news, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total transaction of $202,512.00. Following the transaction, the director owned 21,224 shares in the company, valued at approximately $7,163,524.48. The trade was a 2.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 222,409 shares of company stock worth $68,564,532. 11.55% of the stock is currently owned by corporate insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Multiple analyst actions and raised targets have lifted sentiment — RBC reaffirmed its “buy” rating, Needham kept a buy with a $330 target, Raymond James upgraded the stock, and at least one shop lifted its price target to $390, supporting higher valuations. MarketScreener: RBC remains its buy rating Alphabet Price Target Raised to $390
• Positive Sentiment: High-profile portfolio activity (the “Pelosi” filing) signaled continued conviction in large-cap tech/AI exposure via option-based leverage — a bullish sign that large investors are maintaining exposure to Alphabet while optimizing capital. Pelosi’s Bullish 2026 Buy List: AI, Power & Dividends
• Positive Sentiment: Alphabet’s VC arm participated in a $200M funding round for AI video startup Synthesia, reinforcing the company’s continued strategic bets in the AI ecosystem and potential downstream product/partnership benefits for Google Cloud and AI services. Nvidia and Alphabet VC arms back Synthesia
• Neutral Sentiment: Ongoing Magnificent Seven coverage and bullish AI narratives continue to underpin market interest in large-cap AI leaders like Alphabet, but these are thematic tailwinds rather than company-specific catalysts. Seeking Alpha: Alphabet’s Big Rally
• Neutral Sentiment: Macro and calendar risks (Fed decision, major tech earnings this week) are creating market-wide volatility that could affect GOOGL’s near-term moves independent of fundamentals. Nasdaq futures in the red ahead of big week
• Negative Sentiment: Google agreed to a preliminary $68M settlement in a class-action suit alleging its Assistant improperly recorded users — a modest but negative headline that adds legal/PR noise ahead of earnings (judge approval required). Google Agrees to Settle Class Action Lawsuit
• Negative Sentiment: CEO Sundar Pichai sold roughly $10–11M of Alphabet shares recently (reported ahead of the Feb. 4 earnings date). Insider sales can be interpreted as routine diversification but may create short-term concern among some investors. Sundar Pichai Offloads Alphabet Shares

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.