Global Wealth Management Investment Advisory Inc. grew its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 9.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 33,825 shares of the information services provider’s stock after buying an additional 2,812 shares during the quarter. Alphabet comprises 1.4% of Global Wealth Management Investment Advisory Inc.’s portfolio, making the stock its 19th largest holding. Global Wealth Management Investment Advisory Inc.’s holdings in Alphabet were worth $8,223,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Financial Gravity Companies Inc. acquired a new stake in shares of Alphabet in the 2nd quarter valued at $31,000. CarsonAllaria Wealth Management Ltd. grew its stake in shares of Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock worth $44,000 after purchasing an additional 67 shares in the last quarter. Corsicana & Co. purchased a new position in Alphabet in the third quarter valued at $54,000. Vermillion & White Wealth Management Group LLC raised its stake in Alphabet by 37.9% in the second 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 in the last quarter. Finally, S&T Bank PA raised 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 valued at $61,000 after buying an additional 99 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on GOOGL. Barclays reiterated an “overweight” rating and issued a $315.00 price objective (up previously from $250.00) on shares of Alphabet in a report on Thursday, October 30th. HSBC increased their price target on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. The Goldman Sachs Group restated a “buy” rating and set a $375.00 price objective (up previously from $330.00) on shares of Alphabet in a research report on Tuesday, January 13th. Rosenblatt Securities upped their target price on shares of Alphabet from $224.00 to $279.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Finally, Roth Mkm lifted their price target on shares of Alphabet from $210.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $332.60.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Multiple analyst actions and raised targets have lifted sentiment — RBC reaffirmed its “buy” rating, Needham kept a buy with a $330 target, Raymond James upgraded the stock, and at least one shop lifted its price target to $390, supporting higher valuations. MarketScreener: RBC remains its buy rating Alphabet Price Target Raised to $390
- Positive Sentiment: High-profile portfolio activity (the “Pelosi” filing) signaled continued conviction in large-cap tech/AI exposure via option-based leverage — a bullish sign that large investors are maintaining exposure to Alphabet while optimizing capital. Pelosi’s Bullish 2026 Buy List: AI, Power & Dividends
- Positive Sentiment: Alphabet’s VC arm participated in a $200M funding round for AI video startup Synthesia, reinforcing the company’s continued strategic bets in the AI ecosystem and potential downstream product/partnership benefits for Google Cloud and AI services. Nvidia and Alphabet VC arms back Synthesia
- Neutral Sentiment: Ongoing Magnificent Seven coverage and bullish AI narratives continue to underpin market interest in large-cap AI leaders like Alphabet, but these are thematic tailwinds rather than company-specific catalysts. Seeking Alpha: Alphabet’s Big Rally
- Neutral Sentiment: Macro and calendar risks (Fed decision, major tech earnings this week) are creating market-wide volatility that could affect GOOGL’s near-term moves independent of fundamentals. Nasdaq futures in the red ahead of big week
- Negative Sentiment: Google agreed to a preliminary $68M settlement in a class-action suit alleging its Assistant improperly recorded users — a modest but negative headline that adds legal/PR noise ahead of earnings (judge approval required). Google Agrees to Settle Class Action Lawsuit
- Negative Sentiment: CEO Sundar Pichai sold roughly $10–11M of Alphabet shares recently (reported ahead of the Feb. 4 earnings date). Insider sales can be interpreted as routine diversification but may create short-term concern among some investors. Sundar Pichai Offloads Alphabet Shares
Insider Activity at Alphabet
In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction 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 $723,945,705.60. The trade was a 1.45% 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, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following 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 SEC filing for this sale provides additional information. Insiders sold 222,409 shares of company stock worth $68,564,532 over the last three months. Company insiders own 11.55% of the company’s stock.
Alphabet Trading Up 1.6%
NASDAQ GOOGL opened at $333.26 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. The stock has a market capitalization of $4.02 trillion, a P/E ratio of 32.87, a P/E/G ratio of 1.81 and a beta of 1.08. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $340.49. The firm has a 50-day moving average price of $316.62 and a 200 day moving average price of $261.78.
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping 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 expect that Alphabet Inc. will post 8.9 EPS for the current year.
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.
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