Twin City Private Wealth LLC Sells 2,734 Shares of Alphabet Inc. $GOOGL

Twin City Private Wealth LLC lessened its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 22.6% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,356 shares of the information services provider’s stock after selling 2,734 shares during the period. Alphabet accounts for approximately 1.8% of Twin City Private Wealth LLC’s portfolio, making the stock its 18th largest holding. Twin City Private Wealth LLC’s holdings in Alphabet were worth $2,274,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GOOGL. Financial Gravity Companies Inc. bought a new stake in shares of Alphabet during the 2nd quarter valued at about $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet in the third quarter worth approximately $53,000. Corsicana & Co. bought a new position in shares of Alphabet in the third quarter worth approximately $54,000. CarsonAllaria Wealth Management Ltd. raised its stake in Alphabet by 36.4% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 67 shares in the last quarter. Finally, Sellwood Investment Partners LLC bought a new stake in Alphabet during the third quarter valued at approximately $63,000. Institutional investors own 40.03% of the company’s stock.

Insider Activity

In related news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. This represents a 1.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $288.26, for a total transaction of $800,786.28. Following the sale, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at $3,383,884.14. The trade was a 19.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,067,086 shares of company stock valued at $105,184,255 in the last three months. Corporate insiders own 11.64% of the company’s stock.

Alphabet Stock Down 1.1%

GOOGL opened at $305.72 on Friday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The business’s 50-day moving average price is $321.19 and its 200-day moving average price is $274.40. The company has a market cap of $3.69 trillion, a P/E ratio of 28.28, a P/E/G ratio of 1.81 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. On average, equities analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be 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 is Monday, March 9th. Alphabet’s payout ratio is presently 7.77%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and AI/cloud growth — Alphabet exceeded EPS and revenue expectations, Cloud revenue jumped ~48% and backlog expanded materially, supporting longer-term revenue and monetization from AI products. Alphabet’s Pullback: A Second Chance for Long-Term Investors?
• Positive Sentiment: Analyst optimism — Several firms raised price targets on GOOGL (noted lifts to $375 and $380), reflecting continued confidence in growth and upside vs. the recent pullback. Price Target Raised to $375 Price Target Raised to $380
• Positive Sentiment: Waymo expansion — Waymo is deploying next‑gen Ojai robotaxis and using gig workers for door-closing operations, signaling commercial progress in autonomous mobility (long-term revenue optionality). Waymo begins deploying next-gen Ojai robotaxis
• Neutral Sentiment: Strong bond demand—but guardrails questioned — Alphabet’s recent global bond sale drew very strong demand (underscoring investor confidence), while commentary noted limited contractual protections for bondholders on a long‑dated issuance. This is liquidity/market-confidence positive but raises structural concerns for fixed‑income holders. Alphabet bonds’ lack of guardrails highlights investor confidence
• Neutral Sentiment: Century‑bond debate — Heavy demand for a 100‑year sterling bond signals long-duration appetite (positive for funding flexibility) but prompts caution about untested long‑dated issuance. Why Alphabet’s 100-year sterling bond is raising new fears Bond investors are betting on another 100 years of Google
• Neutral Sentiment: Short‑interest data appears unreliable — Reports show sudden increases but list zero shares and NaN changes (likely a data glitch); not a confirmed signal of rising short pressure. (internal short‑interest entries)
• Negative Sentiment: EU antitrust probe into search ad auctions — European regulators are investigating Google’s ad-auction practices and pricing, which could lead to fines, operational constraints in Europe, or forced changes to ad platform mechanics. Google targeted by EU over its search advertising auction practices Google hit by fresh EU antitrust probe
• Negative Sentiment: CapEx and AI arms‑race fears — Alphabet’s large 2026 CapEx outlook (~$175–185B) and the broader AI infrastructure spend among hyperscalers have raised investor concern about free‑cash‑flow strain and near‑term margin/return pressures; that theme contributed to short‑term selling after earnings. Alphabet Drops 7% Post Q4 Earnings Mag 7 AI Arms Race: Heavy CapEx, FCF Strain
• Negative Sentiment: Broader tech weakness — Coverage notes that several mega‑cap tech names have softened (Magnificent Seven pressure), which amplifies selloffs in high‑multiple names like GOOGL even when fundamentals remain strong. Amazon Joins Microsoft in Bear Market

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GOOGL. HSBC increased their price target on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Daiwa Securities Group increased their target price on Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a research note on Tuesday. Wells Fargo & Company set a $354.00 price target on Alphabet and gave the company an “equal weight” rating in a research report on Thursday, February 5th. Sanford C. Bernstein upped their price objective on Alphabet from $305.00 to $335.00 and gave the stock a “market perform” rating in a report on Monday, February 2nd. Finally, Royal Bank Of Canada increased their price objective on Alphabet from $375.00 to $400.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average price target of $361.64.

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.