Alphabet Inc. $GOOGL Holdings Increased by Parkway Wealth Management Group LLC

Parkway Wealth Management Group LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 16.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,109 shares of the information services provider’s stock after buying an additional 2,377 shares during the quarter. Parkway Wealth Management Group LLC’s holdings in Alphabet were worth $5,887,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GOOGL. Freedom Day Solutions LLC raised its holdings in Alphabet by 4.3% during the 3rd quarter. Freedom Day Solutions LLC now owns 17,713 shares of the information services provider’s stock valued at $6,095,000 after buying an additional 724 shares during the period. Eagle Wealth Advisors LLC increased its position in Alphabet by 1.9% during the third quarter. Eagle Wealth Advisors LLC now owns 13,129 shares of the information services provider’s stock valued at $4,517,000 after acquiring an additional 249 shares during the last quarter. Midway Capital Research & Management increased its position in Alphabet by 1.7% during the third quarter. Midway Capital Research & Management now owns 9,952 shares of the information services provider’s stock valued at $3,424,000 after acquiring an additional 165 shares during the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust increased its position in Alphabet by 3.4% during the third quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust now owns 104,621 shares of the information services provider’s stock valued at $35,998,000 after acquiring an additional 3,434 shares during the last quarter. Finally, Vestia Personal Wealth Advisors raised its stake in shares of Alphabet by 18.3% in the third quarter. Vestia Personal Wealth Advisors now owns 3,910 shares of the information services provider’s stock valued at $1,345,000 after acquiring an additional 606 shares during the period. Institutional investors own 40.03% of the company’s stock.

Alphabet Trading Down 1.2%

GOOGL opened at $320.21 on Friday. The stock’s fifty day moving average is $342.79 and its two-hundred day moving average is $352.81. The company has a market capitalization of $3.92 trillion, a P/E ratio of 16.08, a PEG ratio of 0.92 and a beta of 1.21. Alphabet Inc. has a 52 week low of $255.32 and a 52 week high of $408.61. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Analysts forecast that Alphabet Inc. will post 20.60 earnings per share for the current year.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s AI investment story remains a potential long-term support. Analysts and investors point to rising demand for Google Cloud, internally developed TPU chips, advertising resilience, and the potential for Gemini and other AI products to drive future growth. Alphabet Investing Behind AI Demand and TPU Growth
• Positive Sentiment: Pre-earnings coverage remains constructive on Alphabet’s third-quarter outlook, citing AI adoption, cloud growth, and advertising strength. Erste Group also modestly raised its fiscal 2027 EPS forecast, while Citizens JMP maintained a “market outperform” rating despite lowering its price target. Pre-Q3 Earnings Alphabet Stock Outlook
• Neutral Sentiment: Alphabet’s quarterly preferred-stock dividend announcement is unlikely to materially affect GOOGL common shares. Investors are instead focused on operating results, capital expenditures, margins, and management’s AI spending guidance.
• Neutral Sentiment: The upcoming earnings report is the key near-term catalyst. Strong cloud and advertising metrics could help stabilize the stock, but investors may react negatively if capital spending rises faster than AI-related revenue and cash flow.
• Negative Sentiment: Multiple law firms announced or promoted securities-fraud class actions against Alphabet concerning the May 19–July 16 trading period. The complaints allege that Alphabet failed to disclose important information about Gemini 3.5 Pro’s development and launch readiness; the allegations have not been proven. Lead-plaintiff deadlines are generally December 1, with one notice citing November 30. Kaplan Fox Alphabet Class Action Notice
• Negative Sentiment: A reported Google Cloud outage in London disrupted financial and public-sector services and prompted scrutiny from UK regulators and lawmakers, raising operational, reputational, and regulatory concerns. Alphabet Cloud Outage and Regulation
• Negative Sentiment: The broader AI sell-off is weighing on Alphabet as investors question whether enormous data-center, chip, power, and compute expenditures will generate adequate returns. Heavy spending is also contributing to concerns about future margins and valuation.

Insider Activity

In related news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated Wednesday, July 29th. The stock was 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 directly owned 27,386 shares in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 315,765 shares of company stock worth $6,297,980. Company insiders own 11.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on GOOGL shares. Citizens Jmp lowered their target price on shares of Alphabet from $515.00 to $450.00 and set a “market outperform” rating for the company in a report on Thursday. Evercore reiterated an “outperform” rating and set a $450.00 price target on shares of Alphabet in a report on Wednesday, September 16th. Freedom Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Wall Street Zen downgraded shares of Alphabet from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Rosenblatt Securities restated a “buy” rating and set a $410.00 target price on shares of Alphabet in a research report on Thursday, September 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $425.04.

About Alphabet

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.