Riverwater Partners LLC Has $3.39 Million Stake in Alphabet Inc. $GOOGL

Riverwater Partners LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 15.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,923 shares of the information services provider’s stock after purchasing an additional 1,914 shares during the period. Alphabet comprises about 1.4% of Riverwater Partners LLC’s portfolio, making the stock its 12th largest holding. Riverwater Partners LLC’s holdings in Alphabet were worth $3,385,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Tandem Financial LLC boosted its stake in shares of Alphabet by 4.0% during the 3rd quarter. Tandem Financial LLC now owns 4,156 shares of the information services provider’s stock worth $1,010,000 after buying an additional 161 shares during the last quarter. Flagstone Financial Management bought a new stake in Alphabet during the third quarter worth about $240,000. Pier 88 Investment Partners LLC acquired a new position in Alphabet during the third quarter valued at approximately $4,157,000. Clark Financial Services Group Inc. BD grew its stake in Alphabet by 5.6% in the third quarter. Clark Financial Services Group Inc. BD now owns 2,957 shares of the information services provider’s stock valued at $719,000 after purchasing an additional 156 shares in the last quarter. Finally, Purkiss Capital Advisors LLC increased its position in shares of Alphabet by 2.0% during the 3rd quarter. Purkiss Capital Advisors LLC now owns 19,413 shares of the information services provider’s stock worth $4,719,000 after purchasing an additional 383 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Launched large U.S. investment‑grade bond program (~$15B) including very long‑dated tranches (reports of 50‑ and 100‑year paper), giving Alphabet cheap, long‑term funding to accelerate AI data‑center buildout and signaling strong credit demand. Alphabet’s debt raise fuels forecasts for record year in corporate bond sales
• Positive Sentiment: Waymo (Alphabet unit) expanded operations, going fully autonomous in Nashville — a tangible commercialization milestone that supports the long‑term growth story beyond advertising. Waymo goes fully autonomous in Nashville
• Positive Sentiment: Signed long‑term renewables deals: TotalEnergies will supply ~1 GW of solar to Google’s Texas data centers, supporting sustainability goals and predictable power costs for AI compute workloads. TotalEnergies to provide solar power to Google’s Texas data centres
• Positive Sentiment: Analyst support remains constructive — JPMorgan reaffirmed a buy rating and several outlets report raised price targets, which can bolster investor confidence after last week’s volatility. MarketScreener: JPMorgan maintains a buy rating
• Neutral Sentiment: Macro/sector context — Big Tech had a sharp pullback last week (>$1T erased), leaving stocks treading water; Alphabet’s debt move and analyst notes are being read against that volatile backdrop. Big Tech stocks are treading water after $1 trillion sell-off week
• Negative Sentiment: Alphabet added new AI‑related risk language to its filings, flagging potential impacts on ad revenue and risks from large, long‑duration commercial AI contracts — a reminder investors may face execution and revenue‑mix risks as the company scales AI offerings. Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
• Negative Sentiment: Autodesk sued Google alleging trademark infringement over AI video tools (the “Flow” name), adding legal uncertainty around some AI product branding and potential litigation costs. Google sued by Autodesk over AI-powered movie-making software
• Negative Sentiment: Insider sale: reports show the CEO sold roughly $10.9M of stock, which can be interpreted by some investors as a mild negative signal even if occasional executive sales are routine. Insider Selling: Alphabet CEO Sells Stock

Analysts Set New Price Targets

GOOGL has been the topic of a number of recent analyst reports. Guggenheim restated a “buy” rating and set a $375.00 target price (up from $330.00) on shares of Alphabet in a report on Monday, December 1st. JPMorgan Chase & Co. restated a “buy” rating on shares of Alphabet in a research note on Monday. Raymond James Financial upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. DA Davidson boosted their price target on Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, Bank of America raised their price objective on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Three investment 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $357.46.

Insider Activity

In related news, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $340.00, for a total value of $34,680.00. Following the transaction, the director owned 18,307 shares in the company, valued at approximately $6,224,380. This trade represents a 0.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $337.52, for a total transaction of $202,512.00. Following the sale, the director directly owned 21,224 shares of the company’s stock, valued at $7,163,524.48. This represents a 2.75% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,067,686 shares of company stock worth $105,352,291. 11.55% of the stock is owned by insiders.

Alphabet Price Performance

NASDAQ:GOOGL opened at $324.32 on Tuesday. Alphabet Inc. has a 52 week low of $140.53 and a 52 week 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. The firm’s 50-day simple moving average is $321.80 and its 200 day simple moving average is $272.22. The firm has a market cap of $3.91 trillion, a price-to-earnings ratio of 30.00, a P/E/G ratio of 1.78 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. As a group, sell-side analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

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

Alphabet 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.