Vivid Wealth Management LLC Cuts Stock Position in Alphabet Inc. $GOOGL

Vivid Wealth Management LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 27.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,180 shares of the information services provider’s stock after selling 4,195 shares during the quarter. Vivid Wealth Management LLC’s holdings in Alphabet were worth $2,718,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Breakwater Investment Management lifted its stake in Alphabet by 1.0% in the 3rd quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock valued at $1,028,000 after buying an additional 41 shares in the last quarter. Wealth Alliance Advisory Group LLC lifted its position in shares of Alphabet by 1.0% in the third quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock valued at $983,000 after acquiring an additional 41 shares in the last quarter. Clearview Wealth Advisors LLC boosted its stake in shares of Alphabet by 3.3% in the third quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock worth $312,000 after acquiring an additional 41 shares during the last quarter. Kooman & Associates boosted its stake in shares of Alphabet by 3.3% in the third quarter. Kooman & Associates now owns 1,343 shares of the information services provider’s stock worth $326,000 after acquiring an additional 43 shares during the last quarter. Finally, Contravisory Investment Management Inc. increased its position in shares of Alphabet by 2.9% during the third quarter. Contravisory Investment Management Inc. now owns 1,572 shares of the information services provider’s stock worth $382,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Stock Performance

Alphabet stock opened at $328.04 on Monday. The firm has a 50 day simple moving average of $315.65 and a 200-day simple moving average of $260.69. The stock has a market cap of $3.96 trillion, a price-to-earnings ratio of 32.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.08. 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 1-year low of $140.53 and a 1-year high of $340.49.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The firm 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%. On average, analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Key Alphabet News

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

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total value of $10,637,250.00. Following the transaction, the chief executive officer owned 2,211,872 shares of the company’s stock, valued at $723,945,705.60. This represents a 1.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John L. Hennessy sold 600 shares of the stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $337.52, for a total value of $202,512.00. Following the transaction, the director owned 21,224 shares of the company’s stock, valued at approximately $7,163,524.48. This represents a 2.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 222,409 shares of company stock valued at $68,564,532. 11.55% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on GOOGL shares. BNP Paribas Exane initiated coverage on shares of Alphabet in a research note on Monday, November 24th. They set an “outperform” rating and a $355.00 target price on the stock. Wall Street Zen raised shares of Alphabet from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Piper Sandler restated an “overweight” rating and set a $365.00 price target (up from $330.00) on shares of Alphabet in a research report on Thursday, December 11th. Guggenheim reiterated a “buy” rating and issued a $375.00 price objective (up previously from $330.00) on shares of Alphabet in a report on Monday, December 1st. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $365.00 target price (up from $320.00) on shares of Alphabet in a research note on Monday, January 5th. Four equities 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $331.40.

Alphabet Company 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.