<div id="readability-page-1"><p>Absoluto Partners Gestao de Recursos Ltda cut its stake in  Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 95.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 842 shares of the information services provider's stock after selling 18,118 shares during the quarter. Alphabet makes up  approximately  0.1% of Absoluto Partners Gestao de Recursos Ltda's investment portfolio, making the stock its 28th largest position. Absoluto Partners Gestao de Recursos Ltda's holdings in Alphabet were worth $148,000 at the end of the most recent reporting period.</p><ul><li>GOOGL's Unstoppable Momentum Drives Price Targets to Record Highs</li></ul><p>Other hedge funds and other institutional investors have also made changes to their positions in the company. Atreides Management LP lifted its stake in shares of  Alphabet by 402.9% in the 2nd quarter. Atreides Management LP now owns 950,859 shares of the information services provider's stock valued at $167,570,000 after purchasing an additional 761,782 shares during the period.  Vienna Asset Management LLC acquired a new stake in  Alphabet during the second quarter valued at $2,058,000.  Strategic Wealth Investment Group LLC increased its holdings in  Alphabet by 3.3% in the second quarter. Strategic Wealth Investment Group LLC now owns 7,835 shares of the information services provider's stock valued at $1,381,000 after buying an additional 253 shares in the last quarter.  Challenger Wealth Management increased its holdings in  Alphabet by 7.5% in the second quarter. Challenger Wealth Management now owns 12,458 shares of the information services provider's stock valued at $2,196,000 after buying an additional 869 shares in the last quarter.  Finally, Vista Capital Partners Inc. raised its position in shares of  Alphabet by 21.7% in the second quarter. Vista Capital Partners Inc. now owns 4,226 shares of the information services provider's stock worth $745,000 after acquiring an additional 754 shares during the period. Institutional investors and hedge funds own  40.03% of the company's stock. </p><h2>Insider Activity</h2><p>In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the transaction, the chief executive officer directly owned 2,272,119 shares of the company's stock, valued at $725,942,020.50. The trade was a 1.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, Director Frances Arnold sold 102 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $317.66, for a total transaction of $32,401.32. Following the completion of the sale, the director directly owned 18,104 shares of the company's stock, valued at approximately $5,750,916.64. This trade represents a 0.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 226,128 shares of company stock valued at $61,326,372 in the last ninety days. 11.64% of the stock is currently owned by company insiders. </p><h2>Alphabet Price Performance</h2><ul><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p>NASDAQ:GOOGL opened at $309.29 on Friday. Alphabet Inc. has a one year low of $140.53 and a one year high of $328.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market cap of $3.73 trillion, a PE ratio of 30.50, a P/E/G ratio of 1.81 and a beta of 1.07. The stock has a 50 day moving average price of $283.14 and a 200 day moving average price of $229.18. </p><p>Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, topping analysts' consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. Equities research analysts expect that  Alphabet Inc. will post 8.9 EPS for the current fiscal year. </p><h2>Alphabet Dividend Announcement</h2><ul><li>Apple Stock Could Surge on Record iPhone Sales and Bold AI Strategy</li></ul><p>The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 8th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, December 8th. Alphabet's dividend payout ratio (DPR) is presently 8.28%. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts have recently commented on GOOGL shares. Deutsche Bank Aktiengesellschaft raised their target price on Alphabet from $260.00 to $340.00 and gave the company a &#34;buy&#34; rating in a research report on Thursday, October 30th. Citigroup  reissued a &#34;buy&#34; rating and issued a $343.00 price objective (up from $280.00) on shares of Alphabet in a report on Thursday, October 30th. UBS Group  reaffirmed a &#34;neutral&#34; rating and set a $306.00 target price (up from $255.00) on shares of Alphabet in a research note on Thursday, October 30th. Morgan Stanley increased their target price on Alphabet from $270.00 to $330.00 and gave the company an &#34;overweight&#34; rating in a research report on Thursday, October 30th. Finally, Cantor Fitzgerald boosted their price target on shares of Alphabet from $265.00 to $310.00 and gave the stock a &#34;neutral&#34; rating in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, forty-one have assigned  a Buy rating and six have issued  a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $314.22.</p><p><b>View Our Latest Research Report on GOOGL</b></p><h2>Alphabet Company Profile</h2> (Free Report)<p>Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.</p><h2>Read More</h2><ul><li>Five stocks we like better than Alphabet</li><li>How to Find Undervalued Stocks</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>How to Buy Cheap Stocks Step by Step</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>Natural Gas Prices Continue To Rally, These Stocks Should Benefit</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PR0w?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PR0w"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alphabet Right Now?</h2><p>Before you consider Alphabet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphabet wasn't on the list.</p><p>While Alphabet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GOOG

GOOGL

GGLS

GGLL

<p>Absoluto Partners Gestao de Recursos Ltda reduced its stake in Alphabet Inc. by 95.6% in Q2, owning 842 shares worth $148,000. Other investors like Atreides Management LP increased their holdings significantly. Alphabet's stock opened at $309.29, with a market cap of $3.73 trillion. The company reported strong quarterly earnings, surpassing estimates, and announced a dividend of $0.21 per share.</p>

- Absoluto Partners Gestao de Recursos Ltda significantly reduced its stake in Alphabet Inc. by 95.6%, holding only 842 shares after selling 18,118 shares in the second quarter.  
- Other institutional investors, such as Atreides Management LP and Vienna Asset Management LLC, increased their positions in Alphabet during the same period, reflecting varied investment strategies.  
- Alphabet's stock performance remains strong, with a market cap of $3.73 trillion and recent earnings exceeding analyst expectations, while analysts have set new price targets ranging from $306.00 to $343.00.

Absoluto Partners Gestao de Recursos Ltda Trims Stake in Alphabet Inc. $GOOGL