North Point Portfolio Managers Corp OH Trims Stake in Alphabet Inc. $GOOGL

North Point Portfolio Managers Corp OH lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.6% in the third quarter, Holdings Channel.com reports. The fund owned 73,928 shares of the information services provider’s stock after selling 1,997 shares during the quarter. Alphabet comprises 4.7% of North Point Portfolio Managers Corp OH’s holdings, making the stock its 3rd largest holding. North Point Portfolio Managers Corp OH’s holdings in Alphabet were worth $25,437,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in GOOGL. Strategic Wealth Advisors LLC lifted its position in Alphabet by 6.0% during 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 last quarter. Rockbridge Investment Management LCC increased its stake in shares of Alphabet by 0.5% during the first 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 during the period. Ruggaard & Associates LLC increased its stake in shares of Alphabet by 0.9% during the first 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 lifted its holdings in Alphabet by 1.1% during the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock worth $744,000 after purchasing an additional 28 shares during the last quarter. Finally, Evansbrook LLC boosted its stake in Alphabet by 0.3% in the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after purchasing an additional 28 shares during the period. Institutional investors own 40.03% of the company’s stock.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction 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 completion of the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 441,399 shares of company stock worth $8,677,053. Company insiders own 11.61% of the company’s stock.

Alphabet Trading Down 0.1%

NASDAQ GOOGL traded down $0.50 during trading hours on Wednesday, reaching $347.18. The company’s stock had a trading volume of 9,621,167 shares, compared to its average volume of 30,748,262. The firm has a fifty day simple moving average of $345.42 and a 200-day simple moving average of $348.53. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 52 week low of $235.84 and a 52 week high of $408.61. The stock has a market cap of $4.25 trillion, a P/E ratio of 17.43, a P/E/G ratio of 1.00 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Equities analysts forecast that Alphabet Inc. will post 20.55 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders 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 dividend yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s payout ratio is 4.42%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GOOGL shares. KeyCorp boosted their target price on shares of Alphabet from $425.00 to $445.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. Citizens Jmp reiterated a “market outperform” rating and issued a $515.00 price objective on shares of Alphabet in a research note on Wednesday, July 22nd. Truist Financial set a $420.00 target price on shares of Alphabet and gave the stock a “buy” rating in a research report on Thursday, July 23rd. UBS Group dropped their price target on shares of Alphabet from $400.00 to $379.00 and set a “neutral” rating for the company in a research report on Thursday, July 23rd. Finally, Pivotal Research reiterated a “buy” rating and set a $475.00 target price (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $425.72.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google and Unity Software launched an AI-powered game-creation platform that converts natural-language prompts into playable games. The initiative could expand Google’s role in generative AI and attract creators who might otherwise use Roblox, although it also increases competitive pressure in gaming. Alphabet’s Google, Unity Software Launch Playground for Creators to Develop Games Using Prompts
• Positive Sentiment: Google signed long-term nuclear-power agreements with Constellation Energy covering approximately 3,590 megawatts, including 890 megawatts of additional capacity. Securing reliable electricity supports the expansion of AI data centers and signals that Alphabet is addressing power constraints with multi-decade supply commitments. Google Signs Nuclear Deal With Constellation Energy
• Positive Sentiment: Analyst commentary remains constructive: Alphabet’s roughly 17-times earnings valuation, approximately 55% net margin, resilient Search advertising and reported 82% Google Cloud growth are viewed as support for a potential technical breakout. The average analyst target cited is about $426, implying meaningful upside if growth continues. Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
• Neutral Sentiment: Google launched SynthID, a public website for identifying AI-generated images, video and audio. The tool may strengthen Alphabet’s AI-trust and safety credentials, but its direct financial impact is currently unclear. Google’s new SynthID website can identify AI-generated media
• Negative Sentiment: Finland ordered Google to halt construction on two data centers until environmental-impact assessments are completed. The delay could increase project costs or postpone AI capacity additions, though Alphabet said it recognizes the concerns and is addressing them. Google ordered to halt work on two data centers in Finland
• Negative Sentiment: Multiple law firms publicized a securities class action alleging Alphabet misrepresented progress on its Gemini 3.5 Pro model after a prior stock decline. Separate reports cite a U.K. Play Store-fee action and a potential $3.2 billion ad-tech damages claim. These remain allegations, but they add litigation and regulatory uncertainty.

Alphabet Company 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.