Modera Wealth Management LLC lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 2.1% during the third quarter, Holdings Channel reports. The institutional investor owned 92,682 shares of the information services provider’s stock after purchasing an additional 1,910 shares during the period. Modera Wealth Management LLC’s holdings in Alphabet were worth $31,890,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. State Street Corp lifted its position in shares of Alphabet by 5.6% in the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after acquiring an additional 12,718,127 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Alphabet by 90.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock worth $4,900,078,000 after acquiring an additional 8,112,680 shares during the period. Amundi grew its position in shares of Alphabet by 12.7% during the first quarter. Amundi now owns 31,745,979 shares of the information services provider’s stock worth $9,128,850,000 after purchasing an additional 3,574,810 shares in the last quarter. Jupiter Topco LLC purchased a new stake in shares of Alphabet during the second quarter worth about $1,058,385,000. Finally, Nykredit A S bought a new stake in Alphabet during the 2nd quarter valued at approximately $1,004,749,000. Institutional investors own 40.03% of the company’s stock.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
- Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
- Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
- Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
- Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article
Insider Transactions at Alphabet
In other news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 247 shares of company stock valued at $79,238. Insiders own 11.61% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently commented on GOOGL. Morgan Stanley reissued an “overweight” rating and issued a $375.00 price target (down from $400.00) on shares of Alphabet in a report on Thursday, October 29th. Zacks Research downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. UBS Group set a $332.00 price objective on shares of Alphabet and gave the company a “neutral” rating in a report on Thursday, October 29th. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Evercore reissued an “outperform” rating and issued a $450.00 target price on shares of Alphabet in a report on Wednesday, September 16th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and an average price target of $412.51.
Get Our Latest Stock Report on GOOGL
Alphabet Trading Up 0.8%
Shares of Alphabet stock opened at $284.78 on Friday. Alphabet Inc. has a twelve month low of $270.70 and a twelve month high of $408.61. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. The business has a 50-day moving average price of $332.93 and a 200-day moving average price of $338.97. The firm has a market cap of $3.48 trillion, a price-to-earnings ratio of 14.86, a PEG ratio of 0.86 and a beta of 1.23.
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its earnings results on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. Equities research analysts anticipate that Alphabet Inc. will post 19.86 EPS for the current fiscal year.
Alphabet Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is presently 4.59%.
Alphabet Profile
Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.
Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.
Alphabet serves consumers, businesses and organizations around the world.
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