Alphabet Inc. $GOOGL Stock Holdings Lessened by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC lowered its stake in Alphabet Inc. (NASDAQ:GOOGL) by 32.2% during the second quarter, HoldingsChannel reports. The firm owned 6,398 shares of the information services provider’s stock after selling 3,032 shares during the quarter. Greenwich Wealth Management LLC’s holdings in Alphabet were worth $2,286,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of GOOGL. QRG Capital Management Inc. boosted its position in Alphabet by 8.8% during the second quarter. QRG Capital Management Inc. now owns 1,110,108 shares of the information services provider’s stock worth $396,719,000 after acquiring an additional 89,799 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Alphabet by 9.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 220,700 shares of the information services provider’s stock worth $78,855,000 after purchasing an additional 19,798 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Alphabet by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 7,477,002 shares of the information services provider’s stock worth $2,672,041,000 after purchasing an additional 159,769 shares during the last quarter. State Street Corp boosted its holdings in shares of Alphabet by 5.6% during the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock worth $85,403,303,000 after purchasing an additional 12,718,127 shares during the last quarter. Finally, Premier Financial Group purchased a new stake in shares of Alphabet in the second quarter valued at $45,000. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

GOOGL has been the subject of several analyst reports. Barclays reiterated an “overweight” rating and issued a $425.00 target price (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Needham & Company LLC restated a “buy” rating and issued a $450.00 price target on shares of Alphabet in a report on Wednesday, June 3rd. Morgan Stanley set a $400.00 price objective on shares of Alphabet and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Roth Capital reiterated a “buy” rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, DA Davidson set a $350.00 target price on shares of Alphabet and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $425.60.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI and cloud growth support upside: Analysts and market commentators see multiple growth engines, including rapidly expanding Google Cloud, Gemini’s large user base, and external sales of Google’s TPU AI chips. Piper Sandler raised its Alphabet price target to $400 and projected TPU hardware revenue could reach $104 billion by 2028. Alphabet Has More Growth Engines Than Investors Think
• Positive Sentiment: Commercial AI adoption is broadening: Google Cloud expanded its collaboration with Thales to secure agentic-AI workflows, while Google’s Gemini is powering the new U.S. government America.gov chatbot alongside xAI’s Grok. These developments could strengthen Gemini’s enterprise and public-sector reach. Thales Expands Collaboration with Google Cloud
• Positive Sentiment: Partner demand reinforces the AI infrastructure story: Marvell began shipping custom AI-related silicon to Google and expects the relationship to ramp through 2028, indicating continued Alphabet investment in data-center and inference capacity. Marvell Starts Custom AI Chip Shipments
• Neutral Sentiment: Google is restructuring Gemini features: Alphabet is replacing the Gemini “Gems” customization feature with “skills.” The change may improve its competitive position in AI agents, but it also introduces product-transition risk. Google Is Killing Off Gemini’s Gems
• Negative Sentiment: EU regulatory risk remains the main overhang: Google appealed EU orders requiring it to provide search data to rivals and broaden Android access for competing AI services. France also proposed using Google’s accumulated EU fines to reduce member-state budget contributions, keeping potential penalties and compliance costs in focus. Google Challenges EU Orders
• Negative Sentiment: Privacy concerns add to the pressure: Google faces a €403 million fine from Ireland’s data-protection regulator related to historical location-data practices, reinforcing worries about Alphabet’s regulatory exposure in Europe. Google’s €403 Million Privacy Fine

Insider Transactions at Alphabet

In other news, Director Frances Arnold sold 82 shares of Alphabet stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $337.71, for a total value of $27,692.22. Following the completion of the transaction, the director owned 18,995 shares in the company, valued at approximately $6,414,801.45. This trade represents a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 441,316 shares of company stock worth $8,648,795. 11.61% of the stock is currently owned by corporate insiders.

Alphabet Stock Down 1.0%

GOOGL stock traded down $3.29 during trading on Tuesday, reaching $339.46. The stock had a trading volume of 9,140,745 shares, compared to its average volume of 30,878,781. The firm has a fifty day moving average price of $343.94 and a 200 day moving average price of $346.96. 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 has a market capitalization of $4.15 trillion, a P/E ratio of 17.04, a PEG ratio of 1.00 and a beta of 1.22. Alphabet Inc. has a 1-year low of $235.84 and a 1-year high of $408.61.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. On average, equities analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Dividend Announcement

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

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.