Alphabet Inc. $GOOGL Shares Sold by Lederer & Associates Investment Counsel CA

Lederer & Associates Investment Counsel CA reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 6.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,451 shares of the information services provider’s stock after selling 1,675 shares during the quarter. Alphabet accounts for 3.7% of Lederer & Associates Investment Counsel CA’s investment portfolio, making the stock its 4th biggest holding. Lederer & Associates Investment Counsel CA’s holdings in Alphabet were worth $5,701,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its position in Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after buying an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Alphabet by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after acquiring an additional 506 shares during the period. Golden State Equity Partners raised its holdings in Alphabet by 23.0% during the second quarter. Golden State Equity Partners now owns 52,453 shares of the information services provider’s stock worth $9,244,000 after purchasing an additional 9,809 shares in the last quarter. Baring Financial LLC lifted its position in Alphabet by 2.1% in the second quarter. Baring Financial LLC now owns 3,820 shares of the information services provider’s stock valued at $673,000 after purchasing an additional 80 shares during the period. Finally, Leonard Rickey Investment Advisors P.L.L.C. lifted its position in Alphabet by 2.0% in the second quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 8,577 shares of the information services provider’s stock valued at $1,512,000 after purchasing an additional 167 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Trading Down 0.8%

Shares of GOOGL stock opened at $328.04 on Friday. The stock has a market cap 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. 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 fifty-two week low of $140.53 and a fifty-two week high of $340.49. The business has a fifty day simple moving average of $315.65 and a 200-day simple moving average of $259.50.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data 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 business had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. On average, analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total value of $10,637,250.00. Following the completion of the sale, the chief executive officer directly owned 2,211,872 shares in the company, valued at approximately $723,945,705.60. The trade was a 1.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 222,409 shares of company stock valued at $68,564,532. 11.64% of the stock is owned by company insiders.

Key Headlines 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

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on GOOGL. Morgan Stanley increased their target price on Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Stifel Nicolaus set a $346.00 price objective on Alphabet and gave the stock a “buy” rating in a report on Friday. JMP Securities reiterated a “market outperform” rating and issued a $290.00 price objective on shares of Alphabet in a research report on Wednesday, October 22nd. Rosenblatt Securities raised their target price on Alphabet from $224.00 to $279.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Finally, Sanford C. Bernstein boosted 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. Four research analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $331.40.

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.