Alphabet Inc. $GOOGL Shares Sold by Sendero Wealth Management LLC

Sendero Wealth Management LLC decreased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 17.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,052 shares of the information services provider’s stock after selling 20,068 shares during the quarter. Alphabet makes up 2.8% of Sendero Wealth Management LLC’s holdings, making the stock its 7th biggest position. Sendero Wealth Management LLC’s holdings in Alphabet were worth $23,593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Financial Gravity Companies Inc. acquired a new position in Alphabet during the second quarter worth about $31,000. CarsonAllaria Wealth Management Ltd. lifted its position in Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock worth $44,000 after buying an additional 67 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its stake in Alphabet by 37.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after buying an additional 89 shares during the last quarter. S&T Bank PA grew its holdings in Alphabet by 40.2% in the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after buying an additional 99 shares in the last quarter. Finally, Christopher J. Hasenberg Inc grew its holdings in Alphabet by 77.6% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock valued at $61,000 after buying an additional 152 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on GOOGL shares. Arete Research boosted their price target on shares of Alphabet from $300.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Morgan Stanley lifted their target price on shares of Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Wedbush reiterated an “outperform” rating and issued a $350.00 target price (up from $320.00) on shares of Alphabet in a report on Friday. Robert W. Baird raised their price target on shares of Alphabet from $215.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, September 22nd. Finally, Wall Street Zen raised shares of Alphabet from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Four research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $315.90.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud locked an expanded, multibillion-dollar strategic deal with Palo Alto Networks — reported by Reuters as “approaching $10 billion” — which materially strengthens Cloud revenue outlook and security services momentum. Google Cloud lands deal with Palo Alto Networks
• Positive Sentiment: Citigroup raised its price target to $350 and kept a Buy rating — a notable analyst upgrade that signals upward earnings/valuation expectations and supports short‑term buying interest. Citigroup adjusts price target on Alphabet
• Positive Sentiment: Google reports strong talent flows in AI — ~20% of 2025 AI software engineer hires were “boomerangs” (ex‑employees) — which investors view as a competitive advantage in the AI arms race vs. OpenAI/Anthropic/Meta. Google’s boomerang year
• Neutral Sentiment: Technical/trading signals flagged a Power Inflow alert (benzinga), which can attract short‑term momentum traders but is not a fundamental catalyst. GOOG Hits Intraday High After Key Trading Signal
• Neutral Sentiment: Coverage and thematic stories (Zacks, cloud lists, MarketBeat pieces) are keeping retail/institutional attention on GOOGL as a core cloud and AI holding — supporting flows but not an immediate earnings surprise. Alphabet is a trending stock (Zacks)
• Negative Sentiment: A Spanish consumer group has launched preliminary legal action alleging sensitive data collection and privacy violations — an escalation that could lead to fines or longer-term compliance costs. Spanish consumer group seeks to sue Google in data row
• Negative Sentiment: Mexico’s antitrust authority ordered Google to drop certain Android restrictions — another regulatory action that can pressure mobile‑related revenue/margins and raises the risk of further regional remedies. Mexico’s antitrust commission resolves Android case
• Negative Sentiment: Large insider stock sales were disclosed this week (CEO Sundar Pichai and other executives/directors sold shares), which can be viewed negatively by some investors even if sales are routine or for diversification/tax reasons. SEC filing: Sundar Pichai insider sale

Insider Buying and Selling at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $299.80, for a total transaction of $9,743,500.00. Following the sale, the chief executive officer owned 2,239,619 shares of the company’s stock, valued at approximately $671,437,776.20. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $308.19, for a total transaction of $184,914.00. Following the completion of the transaction, the director owned 3,916 shares of the company’s stock, valued at $1,206,872.04. This trade represents a 13.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 226,128 shares of company stock valued at $63,183,331 over the last three months. 11.64% of the stock is currently owned by company insiders.

Alphabet Stock Up 1.6%

Alphabet stock opened at $307.16 on Friday. The company has a market capitalization of $3.71 trillion, a PE ratio of 30.29, a price-to-earnings-growth ratio of 1.75 and a beta of 1.07. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $328.83. The firm has a 50 day moving average price of $289.19 and a 200 day moving average price of $233.80.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s payout ratio is currently 8.28%.

Alphabet Profile

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.