Graves Light Lenhart Wealth Inc. Sells 1,778 Shares of Alphabet Inc. $GOOG

Graves Light Lenhart Wealth Inc. trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 7.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,528 shares of the information services provider’s stock after selling 1,778 shares during the quarter. Graves Light Lenhart Wealth Inc.’s holdings in Alphabet were worth $7,676,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. lifted its holdings in shares of Alphabet by 1.4% during the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock worth $130,704,718,000 after purchasing an additional 5,164,200 shares during the period. State Street Corp increased its holdings in Alphabet by 2.8% in the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after purchasing an additional 5,208,690 shares during the period. Janus Henderson Group PLC increased its holdings in Alphabet by 2.1% in the fourth quarter. Janus Henderson Group PLC now owns 24,595,622 shares of the information services provider’s stock valued at $7,693,281,000 after purchasing an additional 508,718 shares during the period. Invesco Ltd. raised its position in Alphabet by 2.4% during the 4th quarter. Invesco Ltd. now owns 22,048,456 shares of the information services provider’s stock worth $6,918,805,000 after purchasing an additional 517,108 shares during the last quarter. Finally, Amundi lifted its holdings in Alphabet by 22.9% during the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after buying an additional 4,083,758 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Alphabet

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred 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 trade represents a 1.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 441,399 shares of company stock valued at $8,677,053. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Performance

Shares of Alphabet stock opened at $344.86 on Friday. The business has a 50-day moving average price of $343.14 and a two-hundred day moving average price of $346.75. Alphabet Inc. has a 1-year low of $236.68 and a 1-year high of $404.47. 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 cap of $4.22 trillion, a P/E ratio of 17.32, a PEG ratio of 1.01 and a beta of 1.19.

Alphabet (NASDAQ:GOOG – Get Free Report) last announced its earnings results on Thursday, July 23rd. The information services provider reported $9.11 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 in the prior year, the company earned $2.31 EPS. The firm’s revenue for the quarter was up 24.2% compared to the same quarter last year. As a group, analysts anticipate that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on GOOG shares. Roth Capital upped their price target on Alphabet from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Moffett Nathanson lowered their price objective on Alphabet from $380.00 to $370.00 and set a “buy” rating for the company in a research report on Wednesday, September 16th. Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Arete Research upped their target price on Alphabet from $425.00 to $450.00 in a report on Monday, July 6th. Finally, Evercore increased their target price on shares of Alphabet from $420.00 to $450.00 and gave the company an “outperform” rating in a research report on Thursday, September 17th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $421.95.

Read Our Latest Analysis on Alphabet

More Alphabet News

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

About Alphabet

(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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