Alphabet Inc. $GOOGL Holdings Increased by Loftus Peak Pty Ltd

Loftus Peak Pty Ltd increased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 15.1% in the 3rd quarter, Holdings Channel reports. The firm owned 105,662 shares of the information services provider’s stock after purchasing an additional 13,880 shares during the period. Alphabet accounts for approximately 4.2% of Loftus Peak Pty Ltd’s portfolio, making the stock its 7th largest position. Loftus Peak Pty Ltd’s holdings in Alphabet were worth $36,356,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GOOGL. B.A. Schrock Wealth Management Inc. purchased a new position in Alphabet in the 3rd quarter valued at $2,231,000. Nolet Wealth Management LLC grew its holdings in shares of Alphabet by 1.3% during the third quarter. Nolet Wealth Management LLC now owns 5,295 shares of the information services provider’s stock worth $1,822,000 after buying an additional 67 shares in the last quarter. Howard Financial Services LTD. grew its holdings in shares of Alphabet by 15.1% during the third quarter. Howard Financial Services LTD. now owns 19,357 shares of the information services provider’s stock worth $6,660,000 after buying an additional 2,539 shares in the last quarter. Ashurst Perkins Coie Trust Co grew its holdings in shares of Alphabet by 1.4% during the third quarter. Ashurst Perkins Coie Trust Co now owns 61,948 shares of the information services provider’s stock worth $21,314,000 after buying an additional 870 shares in the last quarter. Finally, ZWJ Investment Counsel Inc. raised its position in shares of Alphabet by 2.3% in the third quarter. ZWJ Investment Counsel Inc. now owns 32,509 shares of the information services provider’s stock valued at $11,186,000 after buying an additional 732 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Insiders Place Their Bets

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Frances Arnold sold 83 shares of the 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 sale, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 420,865 shares of company stock valued at $8,293,477 over the last ninety days. Company insiders own 11.61% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GOOGL. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Thursday. Wells Fargo & Company restated an “overweight” rating and set a $417.00 price target (up from $411.00) on shares of Alphabet in a research report on Tuesday, October 6th. JPMorgan Chase & Co. upped their price objective on shares of Alphabet from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Thursday. Barclays reiterated an “overweight” rating and issued a $425.00 price objective (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, Truist Financial set a $420.00 price objective on shares of Alphabet and gave the company a “buy” rating in a report on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and a consensus target price of $425.04.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

Alphabet Trading Down 2.5%

Shares of GOOGL traded down $8.63 during midday trading on Friday, reaching $340.59. The company had a trading volume of 28,484,155 shares, compared to its average volume of 26,079,582. Alphabet Inc. has a 1-year low of $244.15 and a 1-year high of $408.61. The stock has a market cap of $4.17 trillion, a PE ratio of 17.11, a price-to-earnings-growth ratio of 1.01 and a beta of 1.21. The firm has a 50 day simple moving average of $344.26 and a 200-day simple moving average of $351.32. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Research analysts forecast that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is 4.42%.

Alphabet Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.