Alphabet Inc. $GOOGL Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 6.8% during the third quarter, Holdings Channel reports. The institutional investor owned 747,609 shares of the information services provider’s stock after buying an additional 47,767 shares during the period. Wealthfront Advisers LLC’s holdings in Alphabet were worth $181,744,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GOOGL. Vanguard Group Inc. increased its holdings in shares of Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after buying an additional 6,733,278 shares during the last quarter. State Street Corp lifted its stake in shares of Alphabet by 1.8% in the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after acquiring an additional 4,008,374 shares in the last quarter. Geode Capital Management LLC grew its stake in Alphabet by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock valued at $24,857,017,000 after purchasing an additional 4,224,497 shares in the last quarter. Norges Bank purchased a new stake in Alphabet during the 2nd quarter worth approximately $21,944,208,000. Finally, Invesco Ltd. grew its position in shares of Alphabet by 1.2% during the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock worth $7,780,875,000 after buying an additional 503,306 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Activity

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the transaction, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,112,482 shares of company stock valued at $119,145,289. 11.55% of the stock is currently owned by company insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Loop Capital raised its price target on GOOGL to $355 and maintained a buy rating — a direct analyst upgrade that supports upside expectations and can boost investor demand. Loop Capital Boosts Alphabet Price Target
• Positive Sentiment: Google disclosed a takedown of a Chinese‑linked hacking group that attacked dozens of organizations — a positive for corporate security posture and reputation, which reduces operational and liability risks. Google disrupts Chinese-linked hackers
• Positive Sentiment: Google is expanding large‑scale data‑center capacity with 1.9GW of clean power in Minnesota, including a 100‑hour iron‑air battery — this underpins cloud growth, long‑duration power resilience and recurring infrastructure spend for Google Cloud. Google’s new 1.9GW clean energy deal
• Positive Sentiment: Ongoing analyst/market support and strategic asset value: Wells Fargo and others have upgraded/raised targets and commentary highlights Alphabet’s AI leadership and valuable stakes in private winners (Anthropic, early SpaceX investment) — these narratives underpin longer‑term upside. Wells Fargo upgrades Alphabet
• Neutral Sentiment: Coverage pieces debate whether Alphabet’s AI push leaves the stock undervalued — useful for sentiment framing but not an immediate trade catalyst. Alphabet’s AI Push: Is the Stock Still Undervalued?
• Neutral Sentiment: New AI and chip startups (including ex‑Google TPU engineers) are raising capital — this underscores both the talent ecosystem around Google and longer‑term competitive dynamics in AI hardware. Nvidia challenger AI chip startup MatX raised $500M
• Negative Sentiment: A Russian court fined Google ~22 million roubles (~$288k) over VPN distribution on Google Play — a headline regulatory/geo‑political ding, though the fine is immaterial financially, it highlights ongoing Russia risks. Russia fines Google for distributing VPN services
• Negative Sentiment: Reports of insider selling (cited in coverage of a small share sale) have been linked to intraday weakness — insider sales can trigger short‑term profit‑taking even if not a sign of structural trouble. Alphabet Shares Down After Insider Selling
• Negative Sentiment: Some user/security friction surfaced after a Google patch and Samsung update screen, feeding short‑term consumer/security sentiment concerns. Samsung’s update screen and Google patch

Alphabet Stock Performance

Shares of NASDAQ GOOGL opened at $310.90 on Wednesday. The stock has a fifty day moving average price of $320.47 and a two-hundred day moving average price of $281.05. The firm has a market cap of $3.76 trillion, a P/E ratio of 28.76, a PEG ratio of 1.83 and a beta of 1.09. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. The company had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of several recent analyst reports. DZ Bank reissued a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Loop Capital increased their price objective on shares of Alphabet from $320.00 to $355.00 and gave the stock a “buy” rating in a research note on Monday. The Goldman Sachs Group restated a “buy” rating and issued a $375.00 target price (up from $330.00) on shares of Alphabet in a research note on Tuesday, January 13th. Wedbush increased their price target on Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Finally, BMO Capital Markets restated an “outperform” rating and set a $400.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $366.57.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.