Petredis Investment Advisors LLC Decreases Stake in Alphabet Inc. $GOOGL

Petredis Investment Advisors LLC reduced its position in Alphabet Inc. (NASDAQ:GOOGL) by 1.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 179,857 shares of the information services provider’s stock after selling 2,919 shares during the quarter. Alphabet comprises about 3.5% of Petredis Investment Advisors LLC’s holdings, making the stock its 8th biggest holding. Petredis Investment Advisors LLC’s holdings in Alphabet were worth $43,723,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet during the 2nd quarter valued at $31,000. CarsonAllaria Wealth Management Ltd. boosted its stake in Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after buying an additional 67 shares during the period. Corsicana & Co. purchased a new position in Alphabet during the third quarter worth about $54,000. Vermillion & White Wealth Management Group LLC grew its position in Alphabet by 37.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after buying an additional 89 shares in the last quarter. Finally, Christopher J. Hasenberg Inc increased its stake in Alphabet by 77.6% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock worth $61,000 after acquiring an additional 152 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. UBS Group reissued a “neutral” rating and set a $306.00 price objective (up previously from $255.00) on shares of Alphabet in a report on Thursday, October 30th. Jefferies Financial Group boosted their price target on shares of Alphabet from $285.00 to $320.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. raised their price objective on shares of Alphabet from $340.00 to $385.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. The Goldman Sachs Group lifted their price objective on shares of Alphabet from $288.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Finally, BNP Paribas assumed coverage on Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating and a $355.00 target price on the stock. Four analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $315.90.

Insider Activity

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the sale, the chief accounting officer directly owned 8,962 shares in the company, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $308.19, for a total value of $184,914.00. Following the completion of the sale, the director directly owned 3,916 shares in the company, valued at $1,206,872.04. The trade was a 13.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 208,209 shares of company stock valued at $58,750,254. 11.55% of the stock is owned by corporate insiders.

Key Stores Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: MarketBeat names Alphabet the most-upgraded stock of 2025 with analysts projecting at least ~20% upside (some targets to $385). The upgrades cite Gemini 3 adoption, Google Cloud strength and proprietary chip-driven monetization as the core catalysts. The 5 Most Upgraded Stocks from 2025
• Positive Sentiment: Analyst and market commentary points to a “validation flywheel” for Gemini: rising user traction and partner integrations are accelerating monetization expectations for ads, Workspace and Cloud AI services. That momentum is a near-term earnings and multiple expansion catalyst. Alphabet: Validation Flywheel Accelerating For Gemini
• Positive Sentiment: Alphabet completed a strategic renewable-energy acquisition (Intersect) for $4.75B to secure power for its data centers — reducing long-term energy risk/costs for AI infrastructure and supporting cloud/data-center expansion plans. Google buys renewable energy project developer Intersect
• Neutral Sentiment: Coverage pieces note Alphabet’s broader role as a hyperscaler consuming huge power for AI, highlighting infrastructure and energy demand as both a cost and a growth enabler — informative for capital expenditure and margin modeling. 2 Under-the-Radar Energy Stocks to Watch
• Neutral Sentiment: Product updates (e.g., new Gmail handle option) and positive media commentary (Jim Cramer, other outlets) keep the narrative of user growth and engagement positive but are unlikely to move fundamentals materially on their own. Alphabet gives users new Gmail handle option
• Negative Sentiment: Report says the DOJ is probing Alphabet (and others) over DEI policies under a fraud-law angle — any escalation could introduce regulatory/legal risk and headline volatility even if the business impact is unclear today. Trump’s Justice Department probes Google
• Negative Sentiment: Analysts and commentators are also scrutinizing heavy AI-related capex across the hyperscalers — sustained high spending could pressure near-term free cash flow and margins if revenue/margin conversion lags expectations. Buy Stock in the Mag 7 Hyperscalers or Are They Spending Too Much?

Alphabet Price Performance

GOOGL opened at $313.51 on Tuesday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $328.83. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The business’s 50-day moving average price is $296.73 and its 200-day moving average price is $240.58. The company has a market cap of $3.78 trillion, a P/E ratio of 30.92, a P/E/G ratio of 1.80 and a beta of 1.07.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.58. The company had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. On average, equities analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s payout ratio is presently 8.28%.

About Alphabet

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.