Victory Financial Group LLC Purchases 14,002 Shares of Alphabet Inc. $GOOGL

Victory Financial Group LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 64.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,594 shares of the information services provider’s stock after purchasing an additional 14,002 shares during the quarter. Alphabet makes up approximately 1.1% of Victory Financial Group LLC’s holdings, making the stock its 19th largest holding. Victory Financial Group LLC’s holdings in Alphabet were worth $12,247,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. EMC Capital Management purchased a new stake in Alphabet in the 2nd quarter worth approximately $35,000. Core Capital Management & Research inc. bought a new stake in shares of Alphabet in the 2nd quarter worth approximately $41,000. Intelligent Financial Strategies purchased a new position in shares of Alphabet during the third quarter valued at approximately $41,000. Premier Financial Group purchased a new position in shares of Alphabet during the second quarter valued at approximately $45,000. Finally, Graney & King LLC increased its stake in shares of Alphabet by 38.5% during the second quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock valued at $64,000 after buying an additional 50 shares during the period. 40.03% of the stock is owned by institutional investors.

Alphabet Trading Down 2.2%

Shares of NASDAQ GOOGL opened at $282.57 on Friday. Alphabet Inc. has a 1 year low of $270.70 and a 1 year high of $408.61. The stock has a market cap of $3.46 trillion, a P/E ratio of 14.75, a price-to-earnings-growth ratio of 0.87 and a beta of 1.23. The firm has a 50-day moving average of $334.04 and a 200 day moving average of $339.15. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing the consensus estimate of $3.02 by ($0.90). The business had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. As a group, sell-side analysts expect that Alphabet Inc. will post 19.86 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s payout ratio is currently 4.59%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Google plans to invest $17 billion in a Wyoming data center, adding capacity to serve AI demand. Google’s credit backstop for Anthropic’s $19 billion TeraWulf data-center lease may also help secure future AI infrastructure. The commitments support growth, though they require substantial capital. Alphabet’s Google Plans $17 Billion Investment in Wyoming Data Center
  • Neutral Sentiment: Google, Meta and TikTok sued California to block a law restricting features considered addictive for users under 16. A successful challenge could limit regulatory constraints, but the outcome is uncertain and the dispute adds scrutiny of social-media practices. Meta, Google, and TikTok sue California AG over teen social media law
  • Negative Sentiment: Investors remain concerned that AI infrastructure spending is pressuring free cash flow and margins. The $17 billion Wyoming project reinforces Google’s growth ambitions but could intensify worries about the scale and payoff of capital spending. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
  • Negative Sentiment: A new lawsuit alleges a student used Google AI on a school Chromebook while planning a suicide attempt. The allegations are unproven, but the case could heighten reputational, product-safety and legal risks amid broader concerns about children’s online safety. Google faces claims student used AI chat on US school laptop to plan suicide attempt
  • Negative Sentiment: Google has drawn backlash over a policy that would deny Search access to schools that restrict its AI tools, potentially damaging trust and inviting further scrutiny. Separately, law firms are publicizing a securities class action alleging misleading statements about Gemini 3.5 Pro; the claims are allegations, not findings, but add legal overhang. Google faces backlash for plan that would turn off Search for schools that restrict AI

Insider Activity at Alphabet

In related 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 value of $28,257.35. Following the sale, the director owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders sold 247 shares of company stock valued at $79,238. Insiders own 11.61% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their target price on Alphabet from $420.00 to $425.00 and gave the company an “overweight” rating in a report on Thursday, October 15th. Piper Sandler set a $345.00 price objective on shares of Alphabet and gave the company an “overweight” rating in a research report on Thursday, October 29th. Roth Capital reissued a “buy” rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Rosenblatt Securities decreased their price objective on shares of Alphabet from $410.00 to $380.00 and set a “buy” rating for the company in a report on Thursday, October 29th. Finally, Freedom Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $412.51.

Get Our Latest Analysis on Alphabet

Alphabet Profile

(Free Report)

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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