Graves Light Lenhart Wealth Inc. Lowers Stock Holdings in Alphabet Inc. $GOOG

Graves Light Lenhart Wealth Inc. lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 7.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,528 shares of the information services provider’s stock after selling 1,778 shares during the period. Graves Light Lenhart Wealth Inc.’s holdings in Alphabet were worth $7,676,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Hardin Capital Partners LLC acquired a new stake in shares of Alphabet during the third quarter worth $264,000. Inspirion Wealth Advisors LLC grew its stake in shares of Alphabet by 1.1% in the third quarter. Inspirion Wealth Advisors LLC now owns 15,472 shares of the information services provider’s stock valued at $5,272,000 after acquiring an additional 166 shares in the last quarter. Eclectic Associates Inc. ADV grew its stake in shares of Alphabet by 2.8% in the third quarter. Eclectic Associates Inc. ADV now owns 2,483 shares of the information services provider’s stock valued at $846,000 after acquiring an additional 68 shares in the last quarter. LifeGoal Investments LLC increased its position in Alphabet by 2.6% during the third quarter. LifeGoal Investments LLC now owns 6,434 shares of the information services provider’s stock worth $2,192,000 after acquiring an additional 164 shares during the period. Finally, MKD Wealth Coaches LLC bought a new position in Alphabet during the third quarter worth about $307,000. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Alphabet introduced a unified Gemini AI agent for business users that can work across Microsoft 365, connect to enterprise systems, create content and write code. The product could strengthen Google Cloud’s competitive position against Microsoft and OpenAI and create new enterprise revenue opportunities. Google’s New Gemini Agent Works Inside Microsoft 365
  • Positive Sentiment: Analysts and market commentators remain optimistic about Alphabet’s AI compute scale, proprietary TPUs and potential for Google Cloud growth. The company’s ability to monetize AI through cloud services could help offset concerns that AI assistants may eventually disrupt traditional search advertising. Alphabet: A Strong Buy Due to Its AI Compute Scale
  • Positive Sentiment: Waymo, Alphabet’s autonomous-driving unit, secured a $5 billion loan from major lenders to expand its robotaxi operations. The financing provides capital for growth without an immediate equity issuance, although it also increases leverage at the subsidiary. Waymo Locks in $5B Loan
  • Positive Sentiment: Alphabet is committing substantial resources to secure electricity for AI data centers, including a $1.8 billion Black Hills power expansion and a long-term nuclear agreement with Constellation Energy. These deals may accelerate data-center capacity, but also reinforce the company’s very high capital-spending requirements. Alphabet’s $1.8 Billion Black Hills Deal
  • Neutral Sentiment: Isomorphic Labs, Alphabet’s AI drug-discovery subsidiary, is reportedly seeking funding at a valuation of $40 billion to $50 billion. A successful financing could validate the value of Alphabet’s non-core AI assets, but negotiations remain preliminary. Isomorphic Labs Funding Talks
  • Negative Sentiment: More than 110 U.S. lawmakers are questioning Google’s $10 million purchase of internal data from bankrupt Spirit Airlines, raising concerns about privacy, competition and the use of sensitive commercial information. Any regulatory review could create reputational or compliance risks. Lawmakers Push Back on Google’s Spirit Airlines Data Deal
  • Negative Sentiment: Several law firms publicized a securities class action alleging that Alphabet misled investors about Gemini product development and AI performance during the May–July 2026 class period. The announcements do not establish liability, but they add headline and potential legal risk. Alphabet Securities Class Action Alert

Insider Activity

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 441,399 shares of company stock worth $8,677,053. Corporate insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOG has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a report on Friday, July 17th. China Renaissance lowered their target price on shares of Alphabet from $485.00 to $445.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Morgan Stanley dropped their price target on shares of Alphabet from $415.00 to $400.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Jefferies Financial Group reissued a “buy” rating on shares of Alphabet in a research report on Monday, August 3rd. Finally, Piper Sandler lifted their price objective on Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, September 28th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $421.95.

Get Our Latest Stock Report on Alphabet

Alphabet Stock Down 0.7%

Shares of GOOG opened at $344.86 on Friday. The firm has a 50 day simple moving average of $343.14 and a two-hundred day simple moving average of $346.75. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a one year low of $236.68 and a one year high of $404.47. The company has a market cap of $4.22 trillion, a P/E ratio of 17.32, a P/E/G ratio of 1.01 and a beta of 1.19.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. During the same quarter last year, the company posted $2.31 EPS. The company’s revenue for the quarter was up 24.2% compared to the same quarter last year. Research analysts forecast that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Alphabet Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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