Alphabet Inc. $GOOG Shares Bought by Vestor Capital LLC

Vestor Capital LLC boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 540.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 200,105 shares of the information services provider’s stock after acquiring an additional 168,869 shares during the period. Alphabet comprises about 1.9% of Vestor Capital LLC’s holdings, making the stock its 13th biggest holding. Vestor Capital LLC’s holdings in Alphabet were worth $68,184,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Readystate Asset Management LP purchased a new stake in shares of Alphabet during the second quarter worth about $45,352,000. BlackRock Inc. raised its position in shares of Alphabet by 1.4% during the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock worth $130,704,718,000 after purchasing an additional 5,164,200 shares during the last quarter. State Street Corp raised its position in shares of Alphabet by 2.8% during the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock worth $67,458,980,000 after purchasing an additional 5,208,690 shares during the last quarter. Amundi lifted its stake in Alphabet by 22.9% in the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock valued at $6,288,654,000 after buying an additional 4,083,758 shares in the last quarter. Finally, Deutsche Bank AG lifted its stake in Alphabet by 5.6% in the 2nd quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock valued at $6,117,460,000 after buying an additional 913,666 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders have sold 247 shares of company stock valued at $79,238. Company insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

GOOG has been the topic of several research analyst reports. Citic Securities lifted their price objective on Alphabet from $430.00 to $434.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Royal Bank Of Canada reissued a “buy” rating and set a $475.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Barclays reissued an “overweight” rating on shares of Alphabet in a report on Thursday, October 29th. The Goldman Sachs Group decreased their target price on Alphabet from $440.00 to $435.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. Finally, DZ Bank raised Alphabet from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $413.38.

View Our Latest Stock Analysis on GOOG

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $284.92 on Wednesday. The firm has a 50-day simple moving average of $327.64 and a 200-day simple moving average of $336.57. 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 $3.50 trillion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 0.87 and a beta of 1.21. Alphabet Inc. has a 52 week low of $271.41 and a 52 week high of $404.47.

Alphabet (NASDAQ:GOOG – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.97 billion. During the same quarter in the previous year, the firm posted $2.87 earnings per share. The business’s revenue was up 24.7% compared to the same quarter last year. On average, equities analysts predict that Alphabet Inc. will post 19.74 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is 4.59%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Anthropic investment and cloud ties could add value. Alphabet plans to invest $10 billion in Anthropic at its IPO, on top of prior commitments. Anthropic also has large Google Cloud infrastructure commitments, potentially supporting cloud revenue and giving Alphabet a valuable stake if the IPO valuation holds. Those gains remain contingent on the offering and valuation. Article: Anthropic’s Trillion-Dollar IPO Could Give Cloud Giants a Double Win
  • Positive Sentiment: Google is expanding its AI hardware and model lineup. New TPU variants target confidential computing and larger AI workloads, potentially helping Google Cloud compete and reduce reliance on outside chips. Google also made Gemini 4 Carbon available to developers and businesses. Article: Google broadens its AI hardware portfolio with two new specialized chips Article: Google Launches Gemini 4 Carbon
  • Neutral Sentiment: Pixel Tag adds a new consumer product. Google’s $30 item tracker is now available for Android users, but its effect on Alphabet’s overall results is likely limited. Article: Pixel Tag is now available
  • Negative Sentiment: Investors face renewed securities-fraud lawsuit headlines. Multiple law firms publicized a pending class action alleging misleading statements about the Gemini 3.5 Pro launch timeline. The lead-plaintiff deadline is December 1. The notices are largely legal solicitations, but the underlying allegations can add uncertainty and reputational risk. Article: Alphabet securities-fraud lawsuit deadline
  • Negative Sentiment: AI competition is intensifying. Anthropic is reportedly developing workplace tools, including a spreadsheet product that could compete with Google Sheets, while its Claude assistant is expanding into Google Meet. This highlights both competitive pressure and the risk of depending on a partner that also competes with Google. Article: Anthropic brings Claude to Google Meet
  • Negative Sentiment: Waymo faces a safety and privacy overhang. Federal scrutiny over robotaxis’ school-bus behavior and added privacy protections related to Spirit Airlines employee data create regulatory and reputational risks. Article: Federal Government Probes Waymo Over School-Bus Safety

Alphabet Company Profile

(Free Report)

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer. Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.

Further Reading

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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