Coerente Capital Management Sells 3,675 Shares of Alphabet Inc. $GOOGL

Coerente Capital Management trimmed its stake in Alphabet Inc. (NASDAQ:GOOGL) by 1.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 266,749 shares of the information services provider’s stock after selling 3,675 shares during the period. Alphabet comprises about 11.5% of Coerente Capital Management’s investment portfolio, making the stock its largest position. Coerente Capital Management’s holdings in Alphabet were worth $64,847,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Gravity Companies Inc. bought a new stake in Alphabet during the second quarter worth about $31,000. Corsicana & Co. acquired a new stake in Alphabet during the 3rd quarter valued at $54,000. CarsonAllaria Wealth Management Ltd. increased its holdings in Alphabet by 36.4% during 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 position in Alphabet by 37.9% in 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 purchasing an additional 89 shares during the last quarter. Finally, S&T Bank PA boosted its stake in Alphabet by 40.2% in 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 institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market cap milestone and AI positioning — reports note Alphabet entered the roughly $4 trillion club as investor enthusiasm around its AI investments and platform advantages has accelerated interest in the stock. Alphabet Enters the $4 Trillion Club as AI Bets Reshape Big Tech
• Positive Sentiment: Google Cloud as a high‑growth profit driver — analysis highlights that AI demand could more than double Google Cloud’s net income and drive toward a ~$20B income run rate, supporting margin expansion and valuation. Will Alphabet’s Cloud Division Fuel $20 Billion in Income?
• Positive Sentiment: Analyst/partnership upgrades — coverage notes Bank of America revamped its view after Google announced two partnerships, a near‑term catalyst that can support upside via stronger revenue/strategic positioning. Bank of America revamps Alphabet stock after Google enters two key partnerships
• Positive Sentiment: Ad market competitiveness — industry comparisons argue Alphabet still holds the edge over newer players (e.g., Reddit) thanks to AI-driven ad tools and scale, supporting ad revenue resilience. RDDT vs. GOOGL: Which Digital Advertising Stock Has an Edge Now?
• Neutral Sentiment: Investor buy lists emphasize long‑term AI exposure — several investor publications included Alphabet on “stocks to buy” lists for 2026 based on AI and cloud exposure; positive sentiment but broad and not an immediate catalyst. 2 Stocks to Buy in 2026 and Hold Forever
• Neutral Sentiment: Quantum and long‑term tech bets — multiple pieces revisit Alphabet’s leadership in quantum and AI research; important for long‑term optionality but unlikely to move near‑term earnings. 3 Top Quantum Computing Stocks to Buy in 2026
• Negative Sentiment: Competition risk in ads — analysis warns OpenAI’s push into the ad market could pose a structural threat to Google’s core ad business, a clear downside risk to growth and multiple. Warning Bells For Alphabet As OpenAI Enters Ad Market
• Negative Sentiment: Sector rotation / dispersion risk — coverage notes the “Magnificent Seven” are diverging and some AI darlings are now trailing the market, which can exacerbate volatility and pressure multiples if sentiment cools. The Magnificent Seven Drove Markets. Now They’re Pulling in Different Directions.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on GOOGL. Needham & Company LLC lifted their price target on Alphabet from $260.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Sanford C. Bernstein upped their target price on shares of Alphabet from $260.00 to $305.00 and gave the stock a “market perform” rating in a research report on Thursday, October 30th. Wolfe Research set a $380.00 price target on shares of Alphabet and gave the company an “outperform” rating in a research note on Monday, January 5th. Wedbush restated an “outperform” rating and issued a $350.00 price objective (up previously from $320.00) on shares of Alphabet in a research report on Friday, December 19th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet has an average rating of “Moderate Buy” and a consensus price target of $326.31.

Alphabet Price Performance

Shares of GOOGL stock opened at $330.00 on Tuesday. 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 12-month low of $140.53 and a 12-month high of $340.49. The firm has a fifty day moving average of $312.13 and a 200-day moving average of $256.45. The firm has a market capitalization of $3.98 trillion, a price-to-earnings ratio of 32.54, a price-to-earnings-growth ratio of 1.82 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The firm had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. On average, equities research analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Insider Activity

In other Alphabet news, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction that occurred on 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 transaction, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the completion of the transaction, the chief executive officer owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. This trade represents a 1.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 189,909 shares of company stock worth $57,927,282 in the last 90 days. Corporate 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.