Alphabet Inc. $GOOGL Stock: Strategy Asset Managers LLC Reduces Position

Strategy Asset Managers LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,277 shares of the information services provider’s stock after selling 2,137 shares during the period. Alphabet accounts for approximately 3.0% of Strategy Asset Managers LLC’s portfolio, making the stock its 4th biggest holding. Strategy Asset Managers LLC’s holdings in Alphabet were worth $23,493,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. lifted its stake in Alphabet by 1.1% in the third quarter. Godsey & Gibb Inc. now owns 3,858 shares of the information services provider’s stock valued at $1,327,000 after buying an additional 43 shares during the last quarter. Financial Planning Navigators CORP boosted its holdings in shares of Alphabet by 3.7% in the third quarter. Financial Planning Navigators CORP now owns 3,390 shares of the information services provider’s stock valued at $1,167,000 after acquiring an additional 120 shares during the period. Tenon Financial LLC boosted its holdings in shares of Alphabet by 11.6% in the third quarter. Tenon Financial LLC now owns 1,786 shares of the information services provider’s stock valued at $615,000 after acquiring an additional 185 shares during the period. Fortress Financial Solutions LLC purchased a new position in shares of Alphabet during the third quarter worth approximately $850,000. Finally, Union Savings Bank grew its position in shares of Alphabet by 1.7% during the third quarter. Union Savings Bank now owns 14,563 shares of the information services provider’s stock worth $5,011,000 after acquiring an additional 237 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GOOGL. Roth Capital reaffirmed a “buy” rating and issued a $440.00 target price (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. JPMorgan Chase & Co. increased their price target on shares of Alphabet from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Thursday. Benchmark reissued a “buy” rating on shares of Alphabet in a research report on Thursday, October 1st. Finally, Needham & Company LLC restated a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a research note on Thursday, October 8th. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Alphabet currently has a consensus rating of “Buy” and an average price target of $425.04.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Higher analyst target: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying substantial upside based on Alphabet’s AI, advertising and cloud prospects. Alphabet stock information
• Positive Sentiment: AI commercialization is expanding: CNN signed a multiyear AI partnership with Google, while Google launched Universal Cart in the United States, allowing users to track products across Search and Gemini. These initiatives could strengthen Gemini adoption and Google’s commerce and enterprise offerings. CNN signs AI partnership with Google
• Positive Sentiment: Gemini momentum remains a key bullish argument: Recent coverage highlights Gemini 4 Argon’s rollout, enterprise capabilities and potential to keep Alphabet competitive with OpenAI, Anthropic and Meta. Alphabet’s cash-generating advertising business and relatively reasonable valuation provide additional support for the long-term investment case. Google expands Gemini capabilities
• Neutral Sentiment: AI infrastructure demand is a double-edged sword: Alphabet is committing heavily to data centers and reportedly plans roughly $30 billion in compute spending through a SpaceX contract. The investment may support growth but increases capital-expenditure and free-cash-flow pressure. Google SpaceX compute contract
• Negative Sentiment: Litigation headlines are accumulating: Several law firms publicized a securities class action alleging misleading disclosures concerning Gemini 3.5 Pro training results. The announcements are largely duplicative, but they add reputational and potential financial risk; the lead-plaintiff deadline is December 1, 2026. Alphabet securities class action
• Negative Sentiment: Near-term technical and security concerns remain: The recent AI-led market sell-off left Alphabet testing support near its 200-day moving average around $340. Google also warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, creating potential cybersecurity and customer-confidence concerns. Google warning on BeyondTrust flaw

Insiders Place Their Bets

In other news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 420,865 shares of company stock worth $8,293,477. 11.61% of the stock is owned by insiders.

Alphabet Price Performance

Alphabet stock opened at $349.22 on Friday. Alphabet Inc. has a 12 month low of $244.15 and a 12 month high of $408.61. 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 business has a 50 day simple moving average of $344.54 and a 200-day simple moving average of $351.40. The stock has a market capitalization of $4.27 trillion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 1.01 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Equities analysts predict that Alphabet Inc. will post 20.54 earnings per share for the current year.

Alphabet Dividend Announcement

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

Alphabet Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.