Valley National Advisers Inc. Sells 12,566 Shares of Alphabet Inc. $GOOGL

Valley National Advisers Inc. trimmed its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 37.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 20,982 shares of the information services provider’s stock after selling 12,566 shares during the period. Alphabet accounts for approximately 0.8% of Valley National Advisers Inc.’s portfolio, making the stock its 28th largest position. Valley National Advisers Inc.’s holdings in Alphabet were worth $7,220,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in GOOGL. EMC Capital Management acquired a new position in shares of Alphabet during the 2nd quarter worth approximately $35,000. Core Capital Management & Research inc. acquired a new stake in Alphabet during the 2nd quarter valued at $41,000. Intelligent Financial Strategies purchased a new position in Alphabet during the third quarter worth $41,000. Premier Financial Group purchased a new position in Alphabet during the second quarter worth $45,000. Finally, Van Den Berg Management I Inc. raised its holdings in shares of Alphabet by 319.6% in the first quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider’s stock worth $61,000 after acquiring an additional 163 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on GOOGL shares. JPMorgan Chase & Co. raised their price target on Alphabet from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Thursday, October 15th. Wall Street Zen downgraded Alphabet from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Truist Financial dropped their price target on Alphabet from $420.00 to $410.00 and set a “buy” rating on the stock in a research report on Thursday. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $385.00 target price on shares of Alphabet in a research report on Thursday. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and an average target price of $410.46.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue more than doubled year over year to approximately $30.7 billion, while its backlog reached $561 billion. The results support Alphabet’s position as a major beneficiary of enterprise AI demand. Alphabet’s Cloud Business Just Doubled
• Positive Sentiment: Several analysts remain constructive after the selloff. Guggenheim and Needham reaffirmed “buy” ratings with $450 targets, while Citigroup and Wells Fargo retained bullish ratings and projected substantial upside despite lowering their targets.
• Positive Sentiment: Alphabet’s AI ecosystem could gain from rising demand for cloud capacity and specialized chips. Waymo is also expanding internationally through a partnership with Toyota, although the business remains small relative to Alphabet’s core operations. Waymo taps Toyota to supply robotaxis
• Neutral Sentiment: Multiple securities law firms publicized class-action lawsuits and lead-plaintiff deadlines tied to alleged disclosures about Alphabet’s Gemini AI development. These notices add headline risk, but their direct financial impact remains uncertain.
• Negative Sentiment: Alphabet reported adjusted earnings of $2.12 per share, below consensus near $2.94-$3.02, while revenue of $127.6 billion also missed expectations. Search and other revenue grew about 12% to roughly $63 billion, but fell short of forecasts, reinforcing fears that AI-generated answers and “AI mode” searches may monetize less effectively than traditional Search.
• Negative Sentiment: AI infrastructure spending caused free cash flow to remain negative by roughly $9.1 billion for a second consecutive quarter. Investors are questioning whether the enormous capital outlays will produce adequate returns and whether Alphabet may need additional debt or equity financing.
• Negative Sentiment: An unrealized loss on Alphabet’s SpaceX investment reduced quarterly earnings by approximately $0.55 per share, while an EU antitrust fine further pressured results. Analysts including RBC, Wells Fargo, Citigroup, Wedbush, KeyCorp and Cantor Fitzgerald lowered price targets, even though most maintained positive ratings.

Alphabet Stock Performance

GOOGL stock opened at $279.84 on Monday. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. Alphabet Inc. has a twelve month low of $270.70 and a twelve month high of $408.61. The company has a market cap of $3.42 trillion, a P/E ratio of 14.61, a price-to-earnings-growth ratio of 0.83 and a beta of 1.21. The business’s fifty day moving average is $339.07 and its 200-day moving average is $340.17.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.90). The company had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. Equities research analysts forecast that Alphabet Inc. will post 20.05 EPS for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given 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 is Monday, December 7th. Alphabet’s dividend payout ratio is currently 4.59%.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders have sold 247 shares of company stock worth $79,238. Insiders own 11.61% of the company’s stock.

Alphabet Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.