Wealthfront Advisers LLC Increases Stock Holdings in Alphabet Inc. $GOOGL

Wealthfront Advisers LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 6.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 747,609 shares of the information services provider’s stock after buying an additional 47,767 shares during the period. Wealthfront Advisers LLC’s holdings in Alphabet were worth $181,744,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet during the 2nd quarter valued at about $31,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Alphabet in the 3rd quarter valued at $53,000. Corsicana & Co. acquired a new position in shares of Alphabet in the third quarter worth about $54,000. Vermillion & White Wealth Management Group LLC lifted its position in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after buying an additional 89 shares in the last quarter. Finally, S&T Bank PA grew its position in shares of Alphabet by 40.2% in the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 99 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Loop Capital raised its price target on GOOGL to $355 and maintained a buy rating — a direct analyst upgrade that supports upside expectations and can boost investor demand. Loop Capital Boosts Alphabet Price Target
• Positive Sentiment: Google disclosed a takedown of a Chinese‑linked hacking group that attacked dozens of organizations — a positive for corporate security posture and reputation, which reduces operational and liability risks. Google disrupts Chinese-linked hackers
• Positive Sentiment: Google is expanding large‑scale data‑center capacity with 1.9GW of clean power in Minnesota, including a 100‑hour iron‑air battery — this underpins cloud growth, long‑duration power resilience and recurring infrastructure spend for Google Cloud. Google’s new 1.9GW clean energy deal
• Positive Sentiment: Ongoing analyst/market support and strategic asset value: Wells Fargo and others have upgraded/raised targets and commentary highlights Alphabet’s AI leadership and valuable stakes in private winners (Anthropic, early SpaceX investment) — these narratives underpin longer‑term upside. Wells Fargo upgrades Alphabet
• Neutral Sentiment: Coverage pieces debate whether Alphabet’s AI push leaves the stock undervalued — useful for sentiment framing but not an immediate trade catalyst. Alphabet’s AI Push: Is the Stock Still Undervalued?
• Neutral Sentiment: New AI and chip startups (including ex‑Google TPU engineers) are raising capital — this underscores both the talent ecosystem around Google and longer‑term competitive dynamics in AI hardware. Nvidia challenger AI chip startup MatX raised $500M
• Negative Sentiment: A Russian court fined Google ~22 million roubles (~$288k) over VPN distribution on Google Play — a headline regulatory/geo‑political ding, though the fine is immaterial financially, it highlights ongoing Russia risks. Russia fines Google for distributing VPN services
• Negative Sentiment: Reports of insider selling (cited in coverage of a small share sale) have been linked to intraday weakness — insider sales can trigger short‑term profit‑taking even if not a sign of structural trouble. Alphabet Shares Down After Insider Selling
• Negative Sentiment: Some user/security friction surfaced after a Google patch and Samsung update screen, feeding short‑term consumer/security sentiment concerns. Samsung’s update screen and Google patch

Alphabet Stock Down 0.2%

GOOGL opened at $310.90 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The stock has a market capitalization of $3.76 trillion, a P/E ratio of 28.76, a P/E/G ratio of 1.83 and a beta of 1.09. The business has a 50 day simple moving average of $320.47 and a 200-day simple moving average of $281.05.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. On average, equities analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have weighed in on GOOGL. Wolfe Research raised their target price on shares of Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a research note on Friday, January 23rd. Mizuho upped their target price on shares of Alphabet from $400.00 to $410.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Truist Financial set a $385.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Wedbush lifted their price target on Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $375.00 target price (up from $330.00) on shares of Alphabet in a research report on Monday, December 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $366.57.

Insider Transactions at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer directly owned 8,962 shares in the company, valued at $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 2,112,482 shares of company stock valued at $119,145,289. Company insiders own 11.55% of the company’s stock.

About Alphabet

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.