Moran Wealth Management 13F: Cuts Alphabet (GOOG) Stake by $2.2M

Moran Wealth Management lowered its stake in Alphabet Inc. GOOG by 8.6% during the period, according to a Form 13F filed with the SEC on October 22, 2026. The filing showed the firm shed 6,357 shares to wrap up the quarter with 67,527 shares. That remaining block was valued at approximately $23.0 million when the paperwork dropped.

GOOG Alphabet Inc.

$330.95 ▲ +5.16% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Moran Wealth Management's Alphabet Position

The fund trimmed its exposure to the tech giant after holding 73,884 shares previously. Even with the reduction, Moran Wealth Management maintains a sizable multi-million dollar investment in the Google parent company, reflecting a measured adjustment rather than a full exit.

Other Institutional Activity in Alphabet

Other large investors also tweaked their holdings in the search engine giant around the same time. Smith Chas P & Associates Pa Cpas cut its position by 35,255 shares, ending with 303,234 shares worth about $102.2 million. Quilter grew its stake by 5,449 shares to hold 92,473 shares valued at roughly $31.5 million. Livforsakringsbolaget Skandia, Omsesidigt dropped 12,560 shares to finish with 17,740 shares worth about $6.0 million. Sumitomo Mitsui DS Asset Management Company added 10,102 shares, bringing its total to 815,469 shares valued at approximately $277.9 million. Accurate Wealth Management lifted its holdings by 3,567 shares, resulting in 18,062 shares worth about $6.3 million.

Alphabet Inc. Stock Down 4.6%

Alphabet shares recently traded around $320.85, matching their close of $320.76 on the filing date. The stock sits roughly 20.7% below its 52-week high of $404.47 and about 26.9% above its 52-week low of $252.77. Shares are currently trading below both their 50-day moving average of $340.55 and their 200-day moving average of $339.43.

Recent Earnings

Alphabet reported trailing twelve month revenue of $445.87 billion alongside strong profitability metrics, with the company scheduled to report its next batch of quarterly numbers on October 28, 2026.

Dividend

Alphabet pays an annual dividend of $0.88 per share, yielding 0.27% with a low payout ratio.

Insider Buying and Selling at Alphabet Inc.

Company insiders completed several routine sales ahead of the filing, including officer and director transactions during the summer months.

Analysts Set New Price Targets

Wall Street firms updated their views prior to the filing, with a consensus strong buy rating and a mean price target of $422.15 across 13 analyst opinions.

About Alphabet

Alphabet Inc. operates major digital platforms across the globe, anchored by its core Google search engine, advertising networks, cloud computing division, Android operating system, and YouTube. The company remains a dominant force in digital advertising and enterprise technology.

Bottom Line

Investors will be keeping a close eye on Alphabet's upcoming earnings report on October 28, 2026, to gauge ongoing momentum in advertising and cloud services. Institutional adjustments like Moran Wealth Management's recent trim highlight how portfolio managers continue to rebalance large tech allocations.