4,636 Alphabet Inc. $GOOGL Shares Acquired by Strong Retirement Solutions LLC

Strong Retirement Solutions LLC lifted its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 48.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,276 shares of the information services provider’s stock after buying an additional 4,636 shares during the quarter. Alphabet makes up approximately 2.7% of Strong Retirement Solutions LLC’s portfolio, making the stock its 11th biggest holding. Strong Retirement Solutions LLC’s holdings in Alphabet were worth $4,912,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Strategic Wealth Advisors LLC lifted its stake in Alphabet by 6.0% in the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after acquiring an additional 27 shares during the period. Rockbridge Investment Management LCC raised its holdings in Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after purchasing an additional 27 shares in the last quarter. Ruggaard & Associates LLC lifted its position in shares of Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock worth $840,000 after purchasing an additional 27 shares during the period. Cadia Private Client LLC boosted its stake in shares of Alphabet by 1.1% during the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock valued at $744,000 after purchasing an additional 28 shares in the last quarter. Finally, Evansbrook LLC increased its position in shares of Alphabet by 0.3% during the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after buying an additional 28 shares during the period. 40.03% of the stock is currently owned by institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Google signed long-term nuclear-power agreements with Constellation Energy covering approximately 3,590 megawatts, including 890 megawatts under a 20-year contract. The arrangement should help secure reliable electricity for expanding AI data centers, although financial terms were not disclosed. Google Signs Nuclear Deal With Constellation Energy
  • Positive Sentiment: Analysts remain constructive on Alphabet’s valuation and operating performance. Articles highlighted Google Cloud’s reported 82% growth, resilient Search advertising, net margins near 55% and a price-to-earnings ratio near 17, supporting the view that the stock may be undervalued relative to its AI growth prospects. Alphabet Looks Ready to Break Out
  • Positive Sentiment: Google launched SynthID, a public tool for identifying AI-generated images, video and audio. The initiative could strengthen Alphabet’s position in AI trust, content authentication and responsible-use tools. Google’s new SynthID website can identify AI-generated media
  • Neutral Sentiment: Google is experimenting with an AI-powered game-creation platform with Unity. The project could create new revenue opportunities and expand AI adoption, but it may also intensify competition in gaming and remains an early-stage experiment. Google experiments with an AI-powered gaming platform
  • Negative Sentiment: Google was ordered to halt construction on two Finnish data centers pending environmental-impact assessments. The delay could slow AI infrastructure expansion and increase permitting and compliance costs. Google ordered to halt work on two data centers
  • Negative Sentiment: Several law firms publicized a securities-fraud class action alleging Alphabet misrepresented the development progress of its Gemini 3.5 Pro model. The litigation adds reputational and potential financial risks, though the repeated investor alerts do not represent separate lawsuits or a confirmed liability. Alphabet securities fraud class action

Insider Transactions at Alphabet

In other news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. 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. Insiders own 11.61% of the company’s stock.

Alphabet Stock Down 0.2%

Shares of GOOGL traded down $0.56 during mid-day trading on Wednesday, reaching $347.12. The company had a trading volume of 9,506,368 shares, compared to its average volume of 30,747,152. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The firm has a 50-day moving average price of $345.42 and a 200 day moving average price of $348.53. Alphabet Inc. has a 52 week low of $235.84 and a 52 week high of $408.61. The company has a market capitalization of $4.25 trillion, a price-to-earnings ratio of 17.41, a price-to-earnings-growth ratio of 1.00 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. 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 the consensus estimate of $117.07 billion. On average, sell-side analysts forecast that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Announces Dividend

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

Analyst Ratings Changes

Several brokerages have commented on GOOGL. Evercore restated an “outperform” rating and issued a $450.00 price objective on shares of Alphabet in a report on Wednesday, September 16th. Piper Sandler increased their target price on Alphabet from $395.00 to $400.00 and gave the stock an “overweight” rating in a research report on Monday, September 28th. Tigress Financial restated a “strong-buy” rating and issued a $485.00 target price (up from $415.00) on shares of Alphabet in a research note on Thursday, September 17th. Citizens Jmp restated a “market outperform” rating and set a $515.00 price target on shares of Alphabet in a research report on Wednesday, July 22nd. Finally, Wall Street Zen cut Alphabet from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Alphabet has a consensus rating of “Buy” and a consensus target price of $425.72.

Read Our Latest Stock Analysis on GOOGL

Alphabet Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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