Meadowbrook Wealth Management LLC acquired a new position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) in the 3rd quarter, Holdings Channel reports. The firm acquired 5,405 shares of the information services provider’s stock, valued at approximately $1,314,000. Alphabet makes up 1.4% of Meadowbrook Wealth Management LLC’s holdings, making the stock its 17th biggest holding.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Breakwater Investment Management boosted its position in shares of Alphabet by 1.0% during the third quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock valued at $1,028,000 after purchasing an additional 41 shares in the last quarter. Contravisory Investment Management Inc. lifted its position in Alphabet by 2.9% during the third quarter. Contravisory Investment Management Inc. now owns 1,572 shares of the information services provider’s stock valued at $382,000 after buying an additional 44 shares during the period. Towerpoint Wealth LLC boosted its holdings in shares of Alphabet by 1.6% during the 3rd quarter. Towerpoint Wealth LLC now owns 3,037 shares of the information services provider’s stock valued at $738,000 after buying an additional 47 shares in the last quarter. Beddow Capital Management Inc. boosted its holdings in shares of Alphabet by 2.0% during the 2nd quarter. Beddow Capital Management Inc. now owns 2,510 shares of the information services provider’s stock valued at $445,000 after buying an additional 50 shares in the last quarter. Finally, Trinity Financial Advisors LLC grew its position in shares of Alphabet by 1.3% in the 3rd quarter. Trinity Financial Advisors LLC now owns 3,833 shares of the information services provider’s stock worth $932,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.
Alphabet Stock Performance
GOOGL stock opened at $314.35 on Wednesday. The stock’s 50 day simple moving average is $291.88 and its 200 day simple moving average is $236.72. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $328.83. The stock has a market capitalization of $3.79 trillion, a PE ratio of 31.00, a price-to-earnings-growth ratio of 1.78 and a beta of 1.07.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is 8.28%.
Insider Buying and Selling at Alphabet
In related news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $250.05, for a total transaction of $694,638.90. Following the transaction, the chief accounting officer owned 14,516 shares in the company, valued at $3,629,725.80. This represents a 16.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Kent Walker sold 17,816 shares of the firm’s stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $247.42, for a total transaction of $4,408,034.72. Following the completion of the sale, the insider owned 42,985 shares in the company, valued at $10,635,348.70. This represents a 29.30% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 226,128 shares of company stock worth $63,183,331. Company insiders own 11.55% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently commented on GOOGL. Roth Capital boosted their price objective on shares of Alphabet from $210.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Piper Sandler reiterated an “overweight” rating and set a $365.00 target price (up from $330.00) on shares of Alphabet in a report on Thursday, December 11th. Evercore ISI boosted their price target on Alphabet from $300.00 to $325.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Cantor Fitzgerald raised their price objective on Alphabet from $265.00 to $310.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Finally, New Street Research lifted their price objective on Alphabet from $275.00 to $295.00 in a research note on Friday, October 24th. Four investment analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet has an average rating of “Moderate Buy” and a consensus price target of $315.90.
Check Out Our Latest Research Report on Alphabet
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet agreed to buy Intersect for $4.75 billion (cash + assumed debt) to secure data‑center projects and clean energy capacity — a strategic move to bypass grid bottlenecks and accelerate AI compute build‑out, which supports Google Cloud and AI growth expectations. Alphabet agrees to buy Intersect for $4.75bn
- Positive Sentiment: Coverage and sentiment pieces frame Alphabet’s recent pullback as consolidation within a multi‑year uptrend—citing strong revenue, Google Cloud momentum, large institutional inflows, and continued analyst bullishness — reinforcing the buy thesis for many investors. Alphabet’s Pullback After a Big Year—Is This the Dip to Buy?
- Neutral Sentiment: Motive, a fleet‑management company backed by Alphabet’s GV, filed for an IPO — a reminder Alphabet’s venture arm continues to monetize ecosystem gains, but the direct impact on GOOG is limited. Motive files for IPO
- Neutral Sentiment: Multiple commentary pieces compare Alphabet to Nvidia as AI leaders; these narratives help sentiment and valuation multiples but also set high growth expectations that investors will watch into 2026. Nvidia vs Alphabet analysis
- Negative Sentiment: A New York Times reporter sued Google (and others) alleging copyrighted works were used to train chatbots — potential legal and settlement risk that could increase compliance costs and regulatory scrutiny around AI training data. NYT reporter sues Google over chatbot training
- Negative Sentiment: California regulators are reviewing an incident in which Waymo vehicles stalled during a San Francisco power outage — a potential regulatory and reputational headwind for Alphabet’s AV unit. Waymo review after power outage
Alphabet Company Profile
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.
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