Envestnet Portfolio Solutions Inc. Sells 63,533 Shares of Alphabet Inc. $GOOGL

Envestnet Portfolio Solutions Inc. lowered its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 14.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 368,500 shares of the information services provider’s stock after selling 63,533 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Alphabet were worth $89,582,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of GOOGL. Financial Gravity Companies Inc. bought a new position in Alphabet during the 2nd quarter valued at $31,000. CarsonAllaria Wealth Management Ltd. raised its holdings in shares of Alphabet by 36.4% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 67 shares during the last quarter. Corsicana & Co. bought a new position in shares of Alphabet during the third quarter valued at about $54,000. Vermillion & White Wealth Management Group LLC lifted its position in shares of Alphabet by 37.9% during 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 purchasing an additional 89 shares in the last quarter. Finally, S&T Bank PA boosted its holdings in Alphabet by 40.2% during the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after purchasing an additional 99 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on GOOGL. Sanford C. Bernstein boosted their target price on Alphabet from $305.00 to $335.00 and gave the stock a “market perform” rating in a research note on Monday. The Goldman Sachs Group reissued a “buy” rating and issued a $375.00 price objective (up previously from $330.00) on shares of Alphabet in a research report on Tuesday, January 13th. Raymond James Financial raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. UBS Group set a $348.00 price target on shares of Alphabet and gave the company a “neutral” rating in a research report on Thursday. Finally, KeyCorp set a $370.00 price objective on shares of Alphabet and gave the stock an “overweight” rating in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and an average price target of $354.86.

Alphabet Stock Performance

Shares of GOOGL opened at $331.25 on Friday. 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 has a market capitalization of $4.00 trillion, a price-to-earnings ratio of 30.64, a price-to-earnings-growth ratio of 2.01 and a beta of 1.09. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The stock’s 50-day simple moving average is $321.54 and its 200 day simple moving average is $269.25.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 36.21%. Research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 102 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $340.00, for a total value of $34,680.00. Following the completion of the transaction, the director owned 18,307 shares of the company’s stock, valued at $6,224,380. The trade was a 0.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $337.52, for a total transaction of $202,512.00. Following the completion of the transaction, the director owned 21,224 shares of the company’s stock, valued at $7,163,524.48. This trade represents a 2.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 2,035,186 shares of company stock worth $94,458,941. 11.64% of the stock is owned by insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet reported another beat: Q4 EPS and revenue topped estimates, Google Cloud grew ~48% Y/Y and annual revenue exceeded $400B—clear fundamental drivers for longer‑term growth. Read More.
• Positive Sentiment: Multiple Wall Street firms raised price targets and reiterated buy/outperform views after the results, supporting upside case (examples include Deutsche Bank, RBC, Needham and others). Read More.
• Positive Sentiment: Commercial traction for AI and subscriptions continues (Gemini user metrics, YouTube/Google One paid subs), reinforcing monetization of AI investments over time. Read More.
• Neutral Sentiment: Alphabet announced a small quarterly dividend ($0.21/share)—signal of returning capital but limited near‑term impact on valuation. Read More.
• Neutral Sentiment: Insider selling (CAO sold ~933 shares) and mixed analyst notes (some neutral ratings) create potential short‑term noise; institutional positioning remains large. Read More.
• Negative Sentiment: The 2026 capex outlook—$175B–$185B—shocked markets; investors fear near‑term margin/earnings dilution and a multi‑year heavy cash outflow, prompting an after‑hours/pre‑market selloff. Read More.
• Negative Sentiment: Market reaction: shares fell sharply in pre‑market/early trading as tech indexes pulled back, reflecting short‑term risk aversion to large AI spending even as fundamentals remain solid. Read More.

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.