1,743 Alphabet Inc. $GOOGL Shares Sold by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc lowered its stake in Alphabet Inc. (NASDAQ:GOOGL) by 2.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,284 shares of the information services provider’s stock after selling 1,743 shares during the quarter. Alphabet accounts for approximately 1.2% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 17th largest position. Fragasso Financial Advisors Inc’s holdings in Alphabet were worth $24,013,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Lifetime Wealth Management P.C. acquired a new stake in Alphabet in the fourth quarter worth $32,000. EMC Capital Management bought a new stake in Alphabet in the fourth quarter valued at $33,000. Core Capital Management & Research inc. bought a new stake in Alphabet in the second quarter valued at $41,000. Premier Financial Group acquired a new position in shares of Alphabet during the second quarter valued at about $45,000. Finally, Bard Associates Inc. acquired a new position in shares of Alphabet during the fourth quarter valued at about $52,000. Institutional investors own 40.03% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s long-term investment case remains supported by rapid Google Cloud expansion, a reported $514 billion cloud backlog, and growing adoption of AI Mode. Analysts and investors continue to view the company as offering significant upside, with Cantor Fitzgerald reaffirming an “Overweight” rating and a $420 price target. Alphabet could be worth $700 by 2030
• Positive Sentiment: Google’s agreement with Constellation to secure approximately 3.6 gigawatts of nuclear power could provide reliable electricity for energy-intensive AI data centers, reinforcing Alphabet’s infrastructure strategy and potentially improving long-term capacity planning. Google and Constellation nuclear power deal
• Positive Sentiment: New consumer initiatives, including the $180 Fitbit Edge and a Function Health partnership combining wearable data with more than 160 lab tests, could expand Google’s subscription-based health ecosystem and strengthen engagement across its devices and services. Google health data partnership
• Neutral Sentiment: Alphabet and Amazon are each committing roughly $200 billion to AI data centers. Alphabet’s spending may accelerate cloud and AI revenue, but investors are monitoring whether returns justify the enormous capital requirements. Alphabet and Amazon AI data center spending
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The allegations concern claims that Alphabet misrepresented development progress for its Gemini 3.5 Pro model; the lead-plaintiff deadline is December 1, 2026. Alphabet Gemini securities-fraud lawsuit
• Negative Sentiment: Some investors question the quality of Alphabet’s recent earnings growth: reported EPS of $9.11 benefited substantially from a non-operating paper gain, while data-center spending exceeded cash generated by operations. That raises concerns about free-cash-flow pressure despite strong headline results. Alphabet cloud growth and paper EPS gain

Alphabet Stock Up 0.7%

NASDAQ GOOGL traded up $2.52 during trading hours on Tuesday, hitting $355.24. The company’s stock had a trading volume of 12,372,842 shares, compared to its average volume of 30,546,947. Alphabet Inc. has a 52 week low of $240.51 and a 52 week high of $408.61. The company has a market capitalization of $4.34 trillion, a PE ratio of 17.83, a price-to-earnings-growth ratio of 1.02 and a beta of 1.21. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The company’s 50-day simple moving average is $345.48 and its two-hundred day simple moving average is $349.96.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Research analysts anticipate that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Investors 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 annualized dividend and a dividend yield of 0.2%. Alphabet’s payout ratio is presently 4.42%.

Analyst Ratings Changes

GOOGL has been the topic of a number of research analyst reports. Wells Fargo & Company reissued an “overweight” rating and set a $417.00 price objective (up from $411.00) on shares of Alphabet in a research report on Tuesday, October 6th. Barclays reaffirmed an “overweight” rating and issued a $425.00 target price (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. Citizens Jmp reaffirmed a “market outperform” rating and set a $515.00 price target on shares of Alphabet in a research note on Wednesday, July 22nd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $420.00 price target on shares of Alphabet in a report on Monday. Five research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $425.72.

Insider Activity at Alphabet

In related news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 441,399 shares of company stock valued at $8,677,053 over the last 90 days. Insiders own 11.61% of the company’s stock.

Alphabet 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.