Alphabet Inc. $GOOGL Stock Bought by VestGen Advisors LLC

VestGen Advisors LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 67.1% during the third quarter, Holdings Channel.com reports. The firm owned 48,823 shares of the information services provider’s stock after buying an additional 19,606 shares during the quarter. VestGen Advisors LLC’s holdings in Alphabet were worth $16,799,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp increased its stake in Alphabet by 5.6% during the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after buying an additional 12,718,127 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Alphabet by 90.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock worth $4,900,078,000 after acquiring an additional 8,112,680 shares during the period. Amundi lifted its stake in shares of Alphabet by 12.7% in the 1st quarter. Amundi now owns 31,745,979 shares of the information services provider’s stock worth $9,128,850,000 after acquiring an additional 3,574,810 shares during the period. Jupiter Topco LLC bought a new stake in Alphabet during the second quarter worth approximately $1,058,385,000. Finally, Nykredit A S acquired a new stake in Alphabet in the second quarter worth approximately $1,004,749,000. 40.03% of the stock is currently owned by institutional investors.

Alphabet Stock Performance

Shares of NASDAQ GOOGL opened at $282.57 on Friday. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $3.46 trillion, a price-to-earnings ratio of 14.75, a PEG ratio of 0.87 and a beta of 1.23. The stock’s fifty day simple moving average is $334.04 and its 200 day simple moving average is $339.15. Alphabet Inc. has a 52-week low of $270.70 and a 52-week high of $408.61.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing the consensus estimate of $3.02 by ($0.90). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The company had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.96 billion. As a group, sell-side analysts forecast that Alphabet Inc. will post 19.86 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s payout ratio is presently 4.59%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Wells Fargo & Company lowered their price target on Alphabet from $417.00 to $371.00 and set an “overweight” rating on the stock in a research report on Friday, October 30th. Citizens Jmp lowered Alphabet from a “market outperform” rating to a “hold” rating in a report on Thursday, October 29th. Pivotal Research reaffirmed a “buy” rating and set a $475.00 target price (up from $470.00) on shares of Alphabet in a research note on Thursday, July 23rd. Moffett Nathanson set a $345.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Finally, Yorkville Ives started coverage on shares of Alphabet in a research report on Monday, October 5th. They set an “outperform” rating and a $400.00 price objective for the company. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $412.51.

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction dated 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 represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders sold 247 shares of company stock worth $79,238. 11.61% of the stock is currently owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google plans to invest $17 billion in a Wyoming data center, adding capacity to serve AI demand. Google’s credit backstop for Anthropic’s $19 billion TeraWulf data-center lease may also help secure future AI infrastructure. The commitments support growth, though they require substantial capital. Alphabet’s Google Plans $17 Billion Investment in Wyoming Data Center
• Neutral Sentiment: Google, Meta and TikTok sued California to block a law restricting features considered addictive for users under 16. A successful challenge could limit regulatory constraints, but the outcome is uncertain and the dispute adds scrutiny of social-media practices. Meta, Google, and TikTok sue California AG over teen social media law
• Negative Sentiment: Investors remain concerned that AI infrastructure spending is pressuring free cash flow and margins. The $17 billion Wyoming project reinforces Google’s growth ambitions but could intensify worries about the scale and payoff of capital spending. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
• Negative Sentiment: A new lawsuit alleges a student used Google AI on a school Chromebook while planning a suicide attempt. The allegations are unproven, but the case could heighten reputational, product-safety and legal risks amid broader concerns about children’s online safety. Google faces claims student used AI chat on US school laptop to plan suicide attempt
• Negative Sentiment: Google has drawn backlash over a policy that would deny Search access to schools that restrict its AI tools, potentially damaging trust and inviting further scrutiny. Separately, law firms are publicizing a securities class action alleging misleading statements about Gemini 3.5 Pro; the claims are allegations, not findings, but add legal overhang. Google faces backlash for plan that would turn off Search for schools that restrict AI

About Alphabet

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.