8,511 Shares of Alphabet Inc. $GOOGL Purchased by St. Louis Financial Planners Asset Management LLC

St. Louis Financial Planners Asset Management LLC purchased a new stake in shares of Alphabet Inc. (NASDAQ:GOOGL) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 8,511 shares of the information services provider’s stock, valued at approximately $2,936,000. Alphabet comprises about 1.3% of St. Louis Financial Planners Asset Management LLC’s portfolio, making the stock its 28th biggest holding.

A number of other large investors have also recently made changes to their positions in GOOGL. Titleist Asset Management LLC grew its position in Alphabet by 6.4% during the third quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider’s stock valued at $11,909,000 after buying an additional 2,096 shares during the period. PFG Investments LLC increased its holdings in Alphabet by 2.6% during the first quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock valued at $25,679,000 after buying an additional 2,269 shares during the last quarter. Elefante Mark B increased its holdings in Alphabet by 4.5% during the second quarter. Elefante Mark B now owns 43,733 shares of the information services provider’s stock valued at $15,629,000 after buying an additional 1,897 shares during the last quarter. Nwam LLC raised its position in Alphabet by 19.6% in the first quarter. Nwam LLC now owns 49,128 shares of the information services provider’s stock worth $14,127,000 after acquiring an additional 8,055 shares during the period. Finally, WCM Investment Management LLC raised its position in Alphabet by 287.4% in the first quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider’s stock worth $1,063,000 after acquiring an additional 2,883 shares during the period. 40.03% of the stock is currently owned by institutional investors.

Insider Transactions at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction on Tuesday, July 28th. The shares were 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 sold a total of 402,479 shares of company stock valued at $7,946,534 over the last three months. Corporate insiders own 11.61% of the company’s stock.

Alphabet Trading Down 1.1%

Alphabet stock opened at $340.27 on Wednesday. Alphabet Inc. has a 12-month low of $244.15 and a 12-month high of $408.61. The firm has a market capitalization of $4.16 trillion, a price-to-earnings ratio of 17.09, a P/E/G ratio of 1.00 and a beta of 1.21. The firm has a 50 day moving average of $343.93 and a 200 day moving average of $352.57. 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 (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.89 by $6.22. The business had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, research analysts predict that Alphabet Inc. will post 20.55 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on GOOGL. Rosenblatt Securities reiterated a “buy” rating and set a $410.00 price target on shares of Alphabet in a research note on Thursday, September 3rd. JPMorgan Chase & Co. upped their price objective on Alphabet from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Thursday, October 15th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Thursday, October 15th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $417.00 target price (up from $411.00) on shares of Alphabet in a report on Tuesday, October 6th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $515.00 target price on shares of Alphabet in a report on Wednesday, July 22nd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average target price of $426.34.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst support remains strong. BMO Capital raised its Alphabet price target to $480, while other coverage continues to characterize the stock as an attractive growth and value opportunity ahead of the October 28 earnings report. Bank of America expects a modest earnings beat, supported by Google Cloud growth and demand for Alphabet’s custom AI chips. BMO Capital adjusts price target on Alphabet
• Positive Sentiment: AI and emerging businesses continue to expand. Alphabet launched TorchTPU as an open-source PyTorch project, potentially helping developers use Google’s chips instead of Nvidia GPUs. Google is also adding more personalized Gemini functionality to vehicles, while Waymo reportedly plans to expand its robotaxi fleet to 20,000 vehicles and launch autonomous ride-hailing in Madrid next year. Google attacks Nvidia’s AI developer stronghold
• Neutral Sentiment: Investors are focused on upcoming earnings. Alphabet’s strong prior quarter and rapid Cloud growth have not translated consistently into share-price gains. The company will need to demonstrate that Cloud expansion and TPU demand are producing meaningful profitability, while also addressing potential moderation in Search growth.
• Negative Sentiment: Google Cloud suffered a high-profile outage in the United Kingdom. Disruptions affected several banking and online services, and the Bank of England is investigating the incident. Although services were largely restored, the event raises concerns about reliability and could increase regulatory scrutiny of Alphabet’s cloud infrastructure. Google Cloud services largely back up in UK
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action. The litigation alleges Alphabet misled investors about the development timeline for Gemini 3.5 Pro. Several firms highlighted lead-plaintiff deadlines around November 30 and December 1, keeping legal risk and the possibility of investor damages in focus. Rosen securities class-action notice
• Negative Sentiment: Broader AI-stock weakness added pressure. Concerns about AI financing, elevated capital spending and the sustainability of the technology trade have encouraged investors to reduce exposure to major technology stocks, even as Alphabet remains comparatively inexpensive among the “Magnificent Seven.”

Alphabet 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.