Alphabet Inc. $GOOGL Shares Bought by Evergreen Private Wealth LLC

Evergreen Private Wealth LLC grew its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 22.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,256 shares of the information services provider’s stock after purchasing an additional 8,213 shares during the period. Alphabet makes up about 4.5% of Evergreen Private Wealth LLC’s investment portfolio, making the stock its largest position. Evergreen Private Wealth LLC’s holdings in Alphabet were worth $11,002,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Towercrest Capital Management boosted its position in Alphabet by 126.2% in the 3rd quarter. Towercrest Capital Management now owns 4,284 shares of the information services provider’s stock valued at $1,041,000 after buying an additional 2,390 shares during the last quarter. Corundum Group Inc. lifted its stake in shares of Alphabet by 0.8% in the third quarter. Corundum Group Inc. now owns 11,010 shares of the information services provider’s stock worth $2,677,000 after acquiring an additional 90 shares in the last quarter. Macroview Investment Management LLC lifted its stake in shares of Alphabet by 2.2% in the third quarter. Macroview Investment Management LLC now owns 2,305 shares of the information services provider’s stock worth $560,000 after acquiring an additional 49 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its holdings in Alphabet by 6.4% in the third quarter. Atlantic Edge Private Wealth Management LLC now owns 24,391 shares of the information services provider’s stock valued at $5,929,000 after purchasing an additional 1,467 shares during the last quarter. Finally, Citizens & Northern Corp acquired a new stake in Alphabet during the 3rd quarter valued at approximately $235,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple ties Gemini to Siri, widening Gemini distribution and strengthening Alphabet’s AI moat — a material revenue/strategic positive for GOOGL that supports premium multiples and growth expectations. How Apple’s Gemini-Powered Siri Deal Will Impact Alphabet (GOOGL) Investors
• Positive Sentiment: Multiple bullish analyst moves — Wolfe Research lifted its price target to $390, Raymond James upgraded to “strong buy” and raised targets (reports of a $400 target), and Deutsche Bank raised its target — fueling buy-side momentum and supporting upside expectations. Wolfe Research Adjusts Price Target
• Positive Sentiment: Google pushes into AI shopping and other AI-enabled monetization avenues — analysts and outlets highlight accelerating product-led revenue opportunities that underpin long-term growth. Google’s Making a Splash in AI Shopping
• Neutral Sentiment: Technical/market commentary: recent ~3–4% pullback called a routine consolidation within a long-term uptrend — suggests no fundamental change but signals caution for investors seeking cheaper entry points. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
• Neutral Sentiment: Waymo launched robotaxi service in Miami (business expansion) — growth opportunity for autonomous revenue but not yet material to near-term GAAP results. Waymo launches robotaxi service in Miami
• Negative Sentiment: NTSB opens an investigation after Waymo robotaxis were recorded illegally passing stopped school buses multiple times — raises regulatory, safety and reputational risks for Alphabet’s autonomous-driving unit and could lead to operational constraints or fines. US safety board opens probe into Waymo robotaxis passing stopped school buses
• Negative Sentiment: Federal judge allowed a consumer antitrust lawsuit over Google’s default-search payments to proceed — continued legal exposure that could affect search economics and ad revenue over time. Judge Orders Google to Face Consumer Antitrust Lawsuit Over Search

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on GOOGL shares. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 7th. DZ Bank reaffirmed a “buy” rating on shares of Alphabet in a report on Thursday, November 20th. Jefferies Financial Group reissued a “buy” rating and set a $365.00 price objective (up from $320.00) on shares of Alphabet in a report on Monday, January 5th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Alphabet from $340.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Wall Street Zen upgraded Alphabet from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus target price of $331.40.

Alphabet Stock Performance

Shares of NASDAQ GOOGL opened at $328.04 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. The firm’s 50-day moving average price is $315.65 and its two-hundred day moving average price is $259.50. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $340.49. The stock has a market capitalization of $3.96 trillion, a P/E ratio of 32.35, a P/E/G 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 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. The company had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. As a group, sell-side analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Insider Buying and Selling

In related news, 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 sale, the insider owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This trade represents a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet 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 completion of the sale, the chief accounting officer owned 8,962 shares in the company, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 222,409 shares of company stock worth $68,564,532 in the last three months. 11.64% of the stock is owned by insiders.

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.