4,732 Alphabet Inc. $GOOGL Shares Sold by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 135,259 shares of the information services provider’s stock after selling 4,732 shares during the period. Alphabet accounts for 4.3% of KMG Fiduciary Partners LLC’s investment portfolio, making the stock its 5th biggest position. KMG Fiduciary Partners LLC’s holdings in Alphabet were worth $46,540,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Strategic Wealth Advisors LLC lifted its stake in Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after acquiring an additional 27 shares in the last quarter. Rockbridge Investment Management LCC increased its holdings in shares of Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after purchasing an additional 27 shares during the period. Ruggaard & Associates LLC increased its holdings in shares of Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock valued at $840,000 after purchasing an additional 27 shares during the period. Cadia Private Client LLC lifted its position in shares of Alphabet by 1.1% in the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock worth $744,000 after purchasing an additional 28 shares in the last quarter. Finally, Evansbrook LLC lifted its position in shares of Alphabet by 0.3% in the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock worth $2,738,000 after purchasing an additional 28 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on GOOGL. Wells Fargo & Company restated an “overweight” rating and set a $417.00 price target (up from $411.00) on shares of Alphabet in a report on Tuesday, October 6th. DZ Bank raised shares of Alphabet to a “strong-buy” rating in a research report on Thursday, July 23rd. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. Benchmark reiterated a “buy” rating on shares of Alphabet in a research report on Thursday, October 1st. Finally, Freedom Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Alphabet currently has a consensus rating of “Buy” and an average target price of $425.72.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched Gemini 4 Argon for developers, businesses and paying users, highlighting capabilities in coding, finance and legal work. The release strengthens Alphabet’s position in the generative-AI race, although some commentary suggests Wall Street may need evidence of meaningful monetization before assigning substantial value. Google launches flagship AI model Gemini 4 Argon for developers, businesses
• Positive Sentiment: BNP Paribas raised its Alphabet price target to $450, citing the outlook for Alphabet’s internally developed tensor processing units (TPUs). Another analyst said Alphabet’s AI-chip business could unlock as much as $100 billion in value by 2028, while Cantor Fitzgerald maintained an Overweight rating with a $420 target. Alphabet target bumped to $450 at BNP Paribas on TPU outlook
• Positive Sentiment: Coverage remains constructive on Alphabet’s expanding Google Cloud business, roughly $514 billion cloud backlog and growing AI-related demand. Google’s 3.6-gigawatt nuclear-power agreement with Constellation also underscores its long-term effort to secure electricity for AI data centers. Nuclear ETFs in spotlight as Google and Constellation sign deal
• Neutral Sentiment: Google expanded its consumer ecosystem with a $180 Fitbit Edge wearable and private, user-created Android apps distributed through Google Play. These initiatives could increase engagement and subscription revenue, but their near-term earnings impact is unclear. Google Play now supports private vibe-coded apps
• Negative Sentiment: Several law firms publicized a securities class action alleging Alphabet misrepresented the progress of its Gemini 3.5 Pro model, including training setbacks and a missed June 2026 launch target. The case covers investors who purchased shares from May 19 through July 16, with lead-plaintiff deadlines generally falling around November 30 or December 1. The repeated notices increase headline and legal risk, though they do not represent a court finding of wrongdoing. Alphabet AI issues and securities fraud class action
• Negative Sentiment: Analysts and investors remain focused on Alphabet’s very large AI capital expenditures. The gap between operating cash flow and free cash flow raises concerns that accelerating data-center spending could pressure returns, even as reported earnings remain strong. Apple’s new HomeView smart-home initiative also adds competitive pressure in devices and AI assistants. Does the risk-reward profile still favor Alphabet investors

Insider Transactions at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 441,399 shares of company stock worth $8,677,053. 11.61% of the stock is owned by insiders.

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $353.78 on Wednesday. The stock has a market capitalization of $4.33 trillion, a P/E ratio of 17.77, a P/E/G ratio of 1.02 and a beta of 1.21. The business has a 50-day moving average of $345.00 and a two-hundred day moving average of $350.40. Alphabet Inc. has a fifty-two week low of $240.51 and a fifty-two week 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.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS 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 for the quarter, compared to analyst estimates of $117.07 billion. On average, equities research analysts predict that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced 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 of this dividend was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s dividend payout ratio is presently 4.42%.

Alphabet Company 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.