Davis Rea LTD. Reduces Stock Position in Alphabet Inc. $GOOGL

Davis Rea LTD. reduced its position in Alphabet Inc. (NASDAQ:GOOGL) by 21.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 122,510 shares of the information services provider’s stock after selling 34,270 shares during the period. Alphabet accounts for 7.1% of Davis Rea LTD.’s portfolio, making the stock its biggest position. Davis Rea LTD.’s holdings in Alphabet were worth $29,782,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Breakwater Investment Management increased its holdings in Alphabet by 1.0% during the third 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 during the period. Wealth Alliance Advisory Group LLC raised its position in shares of Alphabet by 1.0% in the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after acquiring an additional 41 shares in the last quarter. Clearview Wealth Advisors LLC raised its position in shares of Alphabet by 3.3% in the 3rd 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 in the last quarter. Fonville Wealth Management LLC lifted its stake in shares of Alphabet by 0.7% during the 3rd quarter. Fonville Wealth Management LLC now owns 6,078 shares of the information services provider’s stock worth $1,478,000 after purchasing an additional 41 shares during the last quarter. Finally, Kooman & Associates boosted its position in Alphabet by 3.3% during the third quarter. Kooman & Associates now owns 1,343 shares of the information services provider’s stock valued at $326,000 after purchasing an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet Stock Up 0.4%

Shares of GOOGL stock opened at $336.01 on Thursday. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $340.49. The firm has a market capitalization of $4.05 trillion, a PE ratio of 33.14, a P/E/G ratio of 1.84 and a beta of 1.08. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock’s 50-day simple moving average is $318.48 and its 200-day simple moving average is $263.38.

Alphabet (NASDAQ:GOOGL) last issued its quarterly 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 net margin of 32.23% and a return on equity of 35.00%. The company had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Equities analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 102 shares of the stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $313.45, for a total value of $31,971.90. Following the sale, the director owned 18,205 shares in the company, valued at $5,706,357.25. This represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the transaction, the insider owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This represents a 29.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 222,297 shares of company stock worth $68,531,851. Company insiders own 11.55% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Jim Cramer praised Alphabet as “extraordinary,” reinforcing investor enthusiasm around the company’s AI leadership and growth narrative. Alphabet (GOOGL)’s extraordinary, says Jim Cramer
• Positive Sentiment: Google is pushing product-level AI gains — adding image-generation to Chrome and a virtual assistant side panel — which supports ad/search monetization and user engagement upside. Google adds AI image generation to Chrome browser, side panel option for virtual assistant
• Positive Sentiment: Alphabet is accelerating strategic AI acquisitions and deals to bolster Gemini across media, voice and international markets — a sign management is doubling down on defensible AI distribution. Google Accelerates AI Deals to Strengthen Gemini in Media and Voice
• Positive Sentiment: Several firms reiterated buy ratings and upgrades for GOOGL this week, supporting near-term demand from momentum-driven investors. Alphabet (NASDAQ:GOOGL) Earns Buy Rating from Needham & Company LLC
• Neutral Sentiment: Short-interest entries show effectively zero reported short positions in the latest filings, but the data appears to contain anomalies (NaN/0) and is not a clear market signal. (internal short-interest data)
• Neutral Sentiment: Analyst previews expect earnings growth for the upcoming report, which could set the stage for another beat if AI ad/cloud momentum continues. Alphabet (GOOGL) Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Google says it disrupted a major residential proxy network (IPIDEA), removing domains and protecting “millions” of devices — a reputational win demonstrating security capabilities and reducing operational risk. Google disrupts large residential proxy network, reducing devices used by operators by ‘millions’
• Negative Sentiment: The U.K. Competition & Markets Authority proposed rules forcing Google to give publishers opt-outs for AI summaries and greater transparency — this raises content licensing and product constraints in a major market. UK regulator proposes changes to Google search for publishers
• Negative Sentiment: Regulatory pressure in the EU and U.K. (DMA guidance, proposed conduct rules) could force data/access sharing and limit some search/AI advantages — a structural risk to margins and competitive moat. U.K. Competition Watchdog Plans New Rules for Google’s AI Overviews Under Tech Law
• Negative Sentiment: Alphabet agreed to a $135 million settlement over handling of cellular data, which includes changes to Play Store and Android setup screens — a modest direct hit but adds regulatory/legal costs and operational change. Google to Pay $135 Million to Settle Lawsuit Over Handling of Cellular Data

Analyst Ratings Changes

A number of equities analysts have commented on GOOGL shares. Hsbc Global Res raised shares of Alphabet to a “strong-buy” rating in a research report on Tuesday, October 7th. UBS Group reiterated a “neutral” rating and set a $345.00 price objective (up previously from $306.00) on shares of Alphabet in a research note on Tuesday, January 20th. Cantor Fitzgerald downgraded shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. New Street Research upped their price target on Alphabet from $275.00 to $295.00 in a research report on Friday, October 24th. Finally, Morgan Stanley raised their price objective on Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Four 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, Alphabet currently has a consensus rating of “Moderate Buy” and an average target price of $334.60.

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.