Alphabet Inc. $GOOG Stock Sold by Private Client Services LLC

Private Client Services LLC trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 26.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 8,641 shares of the information services provider’s stock after selling 3,146 shares during the quarter. Alphabet makes up 0.8% of Private Client Services LLC’s holdings, making the stock its 26th largest holding. Private Client Services LLC’s holdings in Alphabet were worth $2,944,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in GOOG. Global Wealth Strategies & Associates boosted its stake in shares of Alphabet by 48.9% in the third quarter. Global Wealth Strategies & Associates now owns 1,835 shares of the information services provider’s stock worth $625,000 after acquiring an additional 603 shares during the period. Burkett Financial Services LLC bought a new stake in shares of Alphabet in the 3rd quarter valued at approximately $145,000. Montecito Bank & Trust grew its stake in shares of Alphabet by 1.1% during the third quarter. Montecito Bank & Trust now owns 14,596 shares of the information services provider’s stock valued at $4,973,000 after buying an additional 156 shares during the last quarter. Stonebridge Financial Group LLC increased its holdings in Alphabet by 4.6% during the 3rd quarter. Stonebridge Financial Group LLC now owns 10,590 shares of the information services provider’s stock worth $3,608,000 after purchasing an additional 461 shares during the period. Finally, QRG Capital Management Inc. raised its position in shares of Alphabet by 9.7% in the 2nd quarter. QRG Capital Management Inc. now owns 861,292 shares of the information services provider’s stock worth $304,320,000 after acquiring an additional 76,230 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Alphabet Price Performance

Alphabet stock traded up $6.24 during mid-day trading on Friday, reaching $341.17. The company had a trading volume of 9,048,188 shares, compared to its average volume of 20,537,760. Alphabet Inc. has a 1 year low of $236.68 and a 1 year high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock’s 50-day simple moving average is $341.67 and its 200-day simple moving average is $345.37. The company has a market capitalization of $4.17 trillion, a P/E ratio of 17.12, a P/E/G ratio of 0.99 and a beta of 1.19.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. During the same period last year, the firm posted $2.31 EPS. The firm’s revenue for the quarter was up 24.2% on a year-over-year basis. On average, equities analysts predict that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were paid a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is presently 4.42%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Gemini 4 Argon strengthens Alphabet’s AI narrative. Analysts say the model has delivered top-tier results in coding, cybersecurity, finance, legal work and video understanding, while aggressive pricing could pressure rival AI providers. Its rollout is initially limited for safety testing, but broader availability could support Google Cloud, enterprise software and consumer products. Google Gemini 4 Argon frontier AI analysis
• Positive Sentiment: Wall Street remains constructive. BNP Paribas maintained a $420 target, while other analysts cited in recent coverage see roughly 26%–27% potential upside. Investors also continue to value Alphabet’s strong Google Services business, expanding Cloud operation and large cash position. JPMorgan Google stock price target
• Positive Sentiment: AI infrastructure opportunities are expanding. Alphabet is testing its own AI chips in orbit through Project Suncatcher and has signed a major geothermal power agreement, potentially improving long-term access to electricity for data centers. Google’s investment in Anthropic could also generate gains as that company approaches a potential IPO. Google AI chips in orbit
• Neutral Sentiment: YouTube is evaluating additional live sports rights. A larger sports offering could increase advertising reach and Premium subscriptions, although the costs and profitability of acquiring rights remain uncertain. YouTube sports strategy
• Negative Sentiment: Regulatory and litigation risks remain an overhang. Alphabet is challenging EU orders requiring it to share search data and open services to AI and search rivals. Separately, thousands of publishers may pursue more than $3.2 billion in damages, increasing uncertainty around Google’s search practices. Google EU regulatory challenge
• Negative Sentiment: Investors question AI monetization and spending. Alphabet is committing heavily to chips and data centers while free cash flow and buybacks reportedly face pressure. Meta’s free AI agent also raises concern that Google’s subscription-based approach could limit user adoption.

Insider Buying and Selling

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frances Arnold sold 82 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $337.71, for a total value of $27,692.22. Following the transaction, the director owned 18,995 shares in the company, valued at approximately $6,414,801.45. This represents a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 441,316 shares of company stock worth $8,648,795. 12.99% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

GOOG has been the subject of a number of research reports. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating and decreased their target price for the stock from $450.00 to $425.00 in a report on Monday, July 27th. Evercore upped their price target on Alphabet from $420.00 to $450.00 and gave the company an “outperform” rating in a research report on Thursday, September 17th. Royal Bank Of Canada reissued a “buy” rating and issued a $475.00 price target on shares of Alphabet in a research note on Thursday, July 23rd. UBS Group restated a “neutral” rating and issued a $379.00 price target (down from $400.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Citic Securities lifted their price target on shares of Alphabet from $430.00 to $434.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $419.93.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.