Maia Wealth LLC lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 5.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,526 shares of the information services provider’s stock after acquiring an additional 1,740 shares during the quarter. Alphabet makes up approximately 1.5% of Maia Wealth LLC’s portfolio, making the stock its 7th biggest position. Maia Wealth LLC’s holdings in Alphabet were worth $11,192,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of GOOGL. State Street Corp boosted its stake in shares of Alphabet by 5.6% during 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 purchasing an additional 12,718,127 shares in the last quarter. Amundi grew its holdings in shares of Alphabet by 4.6% during the second quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock worth $11,865,809,000 after purchasing an additional 1,457,371 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Alphabet by 10.1% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock worth $6,334,186,000 after purchasing an additional 1,631,721 shares during the last quarter. Swiss National Bank grew its holdings in shares of Alphabet by 7.1% during the first quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider’s stock worth $4,911,467,000 after purchasing an additional 1,139,400 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased 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 valued at $4,900,078,000 after buying an additional 8,112,680 shares during the period. Institutional investors own 40.03% of the company’s stock.
Insider Activity at Alphabet
In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Insiders have sold 315,765 shares of company stock worth $6,297,980 over the last ninety days. Insiders own 11.61% of the company’s stock.
Alphabet Trading Down 1.2%
Shares of GOOGL stock opened at $320.21 on Friday. The stock has a market cap of $3.92 trillion, a price-to-earnings ratio of 16.08, a PEG ratio of 0.94 and a beta of 1.21. The stock has a 50-day moving average of $342.79 and a 200-day moving average of $352.81. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 1-year low of $255.32 and a 1-year high of $408.61.
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. On average, equities research analysts forecast that Alphabet Inc. will post 20.60 earnings per share for the current year.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet’s AI investment story remains a potential long-term support. Analysts and investors point to rising demand for Google Cloud, internally developed TPU chips, advertising resilience, and the potential for Gemini and other AI products to drive future growth. Alphabet Investing Behind AI Demand and TPU Growth
- Positive Sentiment: Pre-earnings coverage remains constructive on Alphabet’s third-quarter outlook, citing AI adoption, cloud growth, and advertising strength. Erste Group also modestly raised its fiscal 2027 EPS forecast, while Citizens JMP maintained a “market outperform” rating despite lowering its price target. Pre-Q3 Earnings Alphabet Stock Outlook
- Neutral Sentiment: Alphabet’s quarterly preferred-stock dividend announcement is unlikely to materially affect GOOGL common shares. Investors are instead focused on operating results, capital expenditures, margins, and management’s AI spending guidance.
- Neutral Sentiment: The upcoming earnings report is the key near-term catalyst. Strong cloud and advertising metrics could help stabilize the stock, but investors may react negatively if capital spending rises faster than AI-related revenue and cash flow.
- Negative Sentiment: Multiple law firms announced or promoted securities-fraud class actions against Alphabet concerning the May 19–July 16 trading period. The complaints allege that Alphabet failed to disclose important information about Gemini 3.5 Pro’s development and launch readiness; the allegations have not been proven. Lead-plaintiff deadlines are generally December 1, with one notice citing November 30. Kaplan Fox Alphabet Class Action Notice
- Negative Sentiment: A reported Google Cloud outage in London disrupted financial and public-sector services and prompted scrutiny from UK regulators and lawmakers, raising operational, reputational, and regulatory concerns. Alphabet Cloud Outage and Regulation
- Negative Sentiment: The broader AI sell-off is weighing on Alphabet as investors question whether enormous data-center, chip, power, and compute expenditures will generate adequate returns. Heavy spending is also contributing to concerns about future margins and valuation.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on GOOGL. KeyCorp dropped their price objective on shares of Alphabet from $435.00 to $410.00 and set an “overweight” rating for the company in a report on Monday, October 19th. Barclays reiterated an “overweight” rating and set a $425.00 target price (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Truist Financial set a $420.00 target price on shares of Alphabet and gave the stock a “buy” rating in a report on Thursday, July 23rd. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Citizens Jmp dropped their price target on shares of Alphabet from $515.00 to $450.00 and set a “market outperform” rating for the company in a research note on Thursday. Five analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and an average target price of $425.04.
View Our Latest Report on GOOGL
Alphabet Company Profile
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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