United Asset Strategies Inc. cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 11.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 176,549 shares of the information services provider’s stock after selling 22,358 shares during the period. Alphabet accounts for about 4.2% of United Asset Strategies Inc.’s investment portfolio, making the stock its 4th biggest holding. United Asset Strategies Inc.’s holdings in Alphabet were worth $60,747,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of the stock. Choreo LLC lifted its position in shares of Alphabet by 4.0% in the third quarter. Choreo LLC now owns 252,661 shares of the information services provider’s stock valued at $86,935,000 after buying an additional 9,684 shares during the last quarter. Interchange Capital Partners LLC boosted its stake in shares of Alphabet by 0.3% during the 3rd quarter. Interchange Capital Partners LLC now owns 31,189 shares of the information services provider’s stock worth $10,752,000 after acquiring an additional 89 shares during the period. Elwood & Goetz Wealth Advisory Group LLC increased its holdings in shares of Alphabet by 4.8% during the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 6,654 shares of the information services provider’s stock worth $2,289,000 after acquiring an additional 304 shares during the last quarter. Morey & Quinn Wealth Partners LLC increased its holdings in shares of Alphabet by 1.0% during the 3rd quarter. Morey & Quinn Wealth Partners LLC now owns 3,407 shares of the information services provider’s stock worth $1,172,000 after acquiring an additional 33 shares during the last quarter. Finally, Foundry Financial Group Inc. raised its stake in Alphabet by 4.4% in the 3rd quarter. Foundry Financial Group Inc. now owns 1,553 shares of the information services provider’s stock valued at $534,000 after acquiring an additional 65 shares during the period. 40.03% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders sold 247 shares of company stock worth $79,238. 11.61% of the stock is owned by company insiders.
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. Moffett Nathanson set a $345.00 price target on Alphabet in a report on Thursday, October 29th. Wall Street Zen cut shares of Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Pivotal Research reiterated a “buy” rating and issued a $475.00 price objective (up from $470.00) on shares of Alphabet in a report on Thursday, July 23rd. Truist Financial dropped their price objective on shares of Alphabet from $420.00 to $410.00 and set a “buy” rating on the stock in a research report on Thursday, October 29th. Finally, DZ Bank raised shares of Alphabet to a “strong-buy” rating in a research report on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average target price of $412.51.
Check Out Our Latest Report on GOOGL
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
- Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
- Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
- Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
- Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article
Alphabet Stock Performance
Shares of Alphabet stock traded up $2.21 on Friday, hitting $284.78. The stock had a trading volume of 36,267,172 shares, compared to its average volume of 34,149,032. The stock has a market cap of $3.48 trillion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 0.84 and a beta of 1.23. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. Alphabet Inc. has a twelve month low of $270.70 and a twelve month high of $408.61. The business’s 50 day moving average is $332.93 and its two-hundred day moving average is $338.97.
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.90). The firm had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.96 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Analysts forecast that Alphabet Inc. will post 19.86 EPS for the current year.
Alphabet Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.59%.
Alphabet Profile
Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.
Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.
Alphabet serves consumers, businesses and organizations around the world.
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