Alphabet Inc. $GOOGL Shares Sold by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. decreased its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 13.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 16,307 shares of the information services provider’s stock after selling 2,527 shares during the period. Alphabet makes up approximately 1.0% of Astoria Portfolio Advisors LLC.’s portfolio, making the stock its 16th biggest position. Astoria Portfolio Advisors LLC.’s holdings in Alphabet were worth $3,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet in the 2nd quarter worth about $31,000. CarsonAllaria Wealth Management Ltd. increased its holdings 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 purchasing an additional 67 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after buying an additional 89 shares during the period. Christopher J. Hasenberg Inc boosted its holdings in 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 acquiring an additional 152 shares during the period. Finally, S&T Bank PA lifted its position in shares of Alphabet by 40.2% during the second 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 in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wolfe Research reissued an “outperform” rating and issued a $350.00 price target (up previously from $290.00) on shares of Alphabet in a report on Thursday, October 30th. President Capital raised their price objective on Alphabet from $258.00 to $323.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Robert W. Baird lifted their price target on shares of Alphabet from $215.00 to $275.00 and gave the company an “outperform” rating in a report on Monday, September 22nd. Melius Research raised their price target on Alphabet from $220.00 to $255.00 in a report on Thursday, September 25th. Finally, Arete Research boosted their price target on shares of Alphabet from $300.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Four investment analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $315.90.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to acquire data‑center and clean‑energy developer Intersect for $4.75 billion to secure power and capacity for its AI data centers — a move that directly supports Google’s ability to scale generative AI compute and reduces energy‑grid bottlenecks. Alphabet to buy data center infrastructure firm Intersect in $4.75 billion deal
• Positive Sentiment: Sell‑side momentum: Wedbush raised its price target on GOOGL to $350 and kept an outperform rating, which can lift investor sentiment and buying interest into year‑end. Wedbush raises PT on Alphabet to $350
• Neutral Sentiment: Waymo resumed robotaxi service in San Francisco after a recent citywide power outage forced a temporary pause; resumption removes an immediate operational overhang but highlights infrastructure risks for AV deployments. Waymo resumes San Francisco service after power outage pause
• Neutral Sentiment: Positive coverage and analyst notes on Alphabet’s AI and quantum work are reinforcing the narrative that the company is a top AI infrastructure owner — supportive for medium‑term revenue and margin expectations but not an immediate catalyst by itself. What Is One of the Best AI Stocks to Buy and Hold?
• Negative Sentiment: Legal risk: a New York Times reporter sued Google and several AI firms alleging unauthorized use of copyrighted books to train chatbots — this case adds to the sectorwide liability and regulatory uncertainty around training data that could lead to legal costs or product restrictions. New York Times reporter sues Google, xAI, OpenAI over chatbot training

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $309.78 on Tuesday. The stock has a market cap of $3.74 trillion, a price-to-earnings ratio of 30.55, a PEG ratio of 1.77 and a beta of 1.07. 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 12 month low of $140.53 and a 12 month high of $328.83. The stock’s 50 day moving average price is $290.50 and its 200 day moving average price is $235.73.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 35.00% and a net margin of 32.23%. Equities research analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on 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 transaction, the chief executive officer owned 2,239,619 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction on Monday, December 1st. The stock was sold at an average price of $317.66, for a total value of $32,401.32. Following the completion of the transaction, the director owned 18,104 shares in the company, valued at $5,750,916.64. The trade was a 0.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 226,128 shares of company stock valued at $63,183,331 over the last quarter. Company insiders own 11.55% of the company’s stock.

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.