Evergreen Capital Management LLC Increases Stock Position in Alphabet Inc. $GOOGL

Evergreen Capital Management LLC boosted its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 7.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 242,393 shares of the information services provider’s stock after buying an additional 17,487 shares during the quarter. Alphabet makes up 1.4% of Evergreen Capital Management LLC’s holdings, making the stock its 11th biggest position. Evergreen Capital Management LLC’s holdings in Alphabet were worth $58,926,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Breakwater Investment Management lifted its position in shares of Alphabet by 1.0% during the 3rd quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock valued at $1,028,000 after buying an additional 41 shares in the last quarter. Wealth Alliance Advisory Group LLC raised its position in Alphabet by 1.0% during the third quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after acquiring an additional 41 shares during the period. Clearview Wealth Advisors LLC lifted its holdings in Alphabet by 3.3% during the third quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock valued at $312,000 after purchasing an additional 41 shares in the last quarter. Fonville Wealth Management LLC grew its position in shares of Alphabet by 0.7% in the third quarter. Fonville Wealth Management LLC now owns 6,078 shares of the information services provider’s stock valued at $1,478,000 after purchasing an additional 41 shares during the period. Finally, Kooman & Associates grew its position in shares of Alphabet by 3.3% in the third quarter. Kooman & Associates now owns 1,343 shares of the information services provider’s stock valued at $326,000 after purchasing an additional 43 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Project Genie, an AI model that can generate fully rendered, interactive 3D worlds from simple prompts — a direct competitive advantage for Google in AI content creation that pressured gaming rivals (a potential long-term revenue and platform win for Alphabet). Videogame stocks slide on Google’s AI model that turns prompts into playable worlds
• Positive Sentiment: Project Genie coverage specifically names Unity and Roblox as being hurt by the announcement, underscoring that Google’s tech could displace parts of the gaming content creation stack — bullish for Alphabet’s AI moat and cloud/AI services demand. Google’s Project Genie Hammers Gaming Stocks. Unity Software and Roblox Sink.
• Positive Sentiment: Google disrupted a large residential proxy network (IPIDEA), claiming it removed millions of devices from abuse — a reputational and security win that reduces fraud and could lower costs/risks for Google services. Google disrupts large residential proxy network, reducing devices used by ‘millions’
• Positive Sentiment: Waymo expanded airport robotaxi service in San Francisco — a commercial growth milestone for Alphabet’s autonomous-vehicle unit that supports long-term service monetization. Waymo Opens Up Airport Service in San Francisco. Everything to Know About the Robotaxi
• Neutral Sentiment: Analysts and outlets are prepping for Alphabet’s upcoming Q4 results; estimate-driven coverage (Zacks) focuses attention on key metrics and could amplify post-earnings moves. Ahead of Alphabet (GOOGL) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Neutral Sentiment: Industry write-ups compare Alphabet to rivals in AI infrastructure (CoreWeave, Amazon) and note that Amazon/Google moves are chipping at Nvidia’s exclusivity in AI chips — a mixed competitive backdrop for cloud/AI spend. CRVW vs. GOOGL: Which Stock Wins the AI Infrastructure Race?
• Neutral Sentiment: Coverage noting Amazon and Google eating into Nvidia’s chip dominance signals broader industry capex and partnership shifts — relevant to Alphabet’s cloud/TPU strategy but not an immediate stock catalyst. Amazon and Google Eat Into Nvidia’s A.I. Chip Supremacy
• Negative Sentiment: A federal jury found former Google engineer Linwei Ding guilty of stealing trade secrets and uploading internal AI materials to personal cloud accounts — a headline that highlights IP risk and could trigger internal reviews, compliance costs or client concerns. Former Google engineer found guilty of espionage and theft of AI tech
• Negative Sentiment: Waymo reported an incident where a robotaxi struck a child near a school and the NHTSA opened an investigation — a regulatory and PR risk for Alphabet’s AV program that could delay rollouts or invite additional oversight. A Waymo hit a child near an elementary school. The NHTSA is investigating

Alphabet Trading Down 0.1%

Shares of GOOGL stock opened at $338.00 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $342.29. The company’s 50-day moving average price is $320.23 and its 200-day moving average price is $264.99. The stock has a market cap of $4.08 trillion, a price-to-earnings ratio of 33.33, a PEG ratio of 1.86 and a beta of 1.08.

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on GOOGL. HSBC raised their price target on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Mizuho set a $365.00 target price on Alphabet and gave the company an “outperform” rating in a research report on Friday, January 9th. Sanford C. Bernstein lifted their price target on Alphabet from $260.00 to $305.00 and gave the stock a “market perform” rating in a research note on Thursday, October 30th. Evercore ISI increased their price objective on Alphabet from $300.00 to $325.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Finally, President Capital raised their price objective on Alphabet from $258.00 to $323.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Four research analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $334.60.

Insiders Place Their Bets

In other news, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total transaction of $202,512.00. Following the completion of the sale, the director owned 21,224 shares in the company, valued at $7,163,524.48. This trade represents a 2.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the sale, the chief executive officer directly owned 2,211,872 shares in the company, valued at approximately $723,945,705.60. The trade was a 1.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,067,707 shares of company stock worth $103,627,383. 11.64% of the stock is currently owned by company insiders.

Alphabet Company 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.