One Wealth Capital Management LLC Purchases 2,158 Shares of Alphabet Inc. $GOOGL

One Wealth Capital Management LLC raised its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 12.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 19,348 shares of the information services provider’s stock after acquiring an additional 2,158 shares during the quarter. Alphabet makes up about 2.5% of One Wealth Capital Management LLC’s holdings, making the stock its 10th largest holding. One Wealth Capital Management LLC’s holdings in Alphabet were worth $6,657,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. EMC Capital Management purchased a new position in Alphabet during the second quarter worth about $35,000. Core Capital Management & Research inc. acquired a new stake in Alphabet in the second quarter valued at about $41,000. Intelligent Financial Strategies acquired a new stake in Alphabet in the third quarter valued at about $41,000. Premier Financial Group purchased a new stake in Alphabet in the 2nd quarter valued at approximately $45,000. Finally, Van Den Berg Management I Inc. boosted its holdings in Alphabet by 319.6% in the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on GOOGL shares. Wedbush dropped their target price on Alphabet from $445.00 to $387.00 and set an “outperform” rating on the stock in a research report on Thursday. Sanford C. Bernstein reissued a “market perform” rating and issued a $325.00 price target (down from $385.00) on shares of Alphabet in a report on Thursday. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. Zacks Research downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, DA Davidson dropped their price objective on Alphabet from $350.00 to $300.00 and set a “neutral” rating on the stock in a report on Thursday. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $410.46.

Read Our Latest Research Report on Alphabet

Alphabet Trading Down 1.4%

Alphabet stock opened at $279.84 on Friday. The stock has a 50-day moving average price of $339.07 and a 200 day moving average price of $340.17. Alphabet Inc. has a 52 week low of $270.70 and a 52 week high of $408.61. The stock has a market cap of $3.42 trillion, a PE ratio of 14.61, a P/E/G ratio of 0.82 and a beta of 1.21. The company has a current ratio of 2.79, a quick ratio of 2.64 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOGL – Get Free Report) last released its earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. Equities research analysts predict that Alphabet Inc. will post 20.05 earnings per share for the current fiscal year.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold a total of 247 shares of company stock valued at $79,238 over the last ninety days. Insiders own 11.61% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Google Cloud revenue more than doubled year over year to approximately $30.7 billion, while its backlog reached $561 billion. The results support Alphabet’s position as a major beneficiary of enterprise AI demand. Alphabet’s Cloud Business Just Doubled
  • Positive Sentiment: Several analysts remain constructive after the selloff. Guggenheim and Needham reaffirmed “buy” ratings with $450 targets, while Citigroup and Wells Fargo retained bullish ratings and projected substantial upside despite lowering their targets.
  • Positive Sentiment: Alphabet’s AI ecosystem could gain from rising demand for cloud capacity and specialized chips. Waymo is also expanding internationally through a partnership with Toyota, although the business remains small relative to Alphabet’s core operations. Waymo taps Toyota to supply robotaxis
  • Neutral Sentiment: Multiple securities law firms publicized class-action lawsuits and lead-plaintiff deadlines tied to alleged disclosures about Alphabet’s Gemini AI development. These notices add headline risk, but their direct financial impact remains uncertain.
  • Negative Sentiment: Alphabet reported adjusted earnings of $2.12 per share, below consensus near $2.94-$3.02, while revenue of $127.6 billion also missed expectations. Search and other revenue grew about 12% to roughly $63 billion, but fell short of forecasts, reinforcing fears that AI-generated answers and “AI mode” searches may monetize less effectively than traditional Search.
  • Negative Sentiment: AI infrastructure spending caused free cash flow to remain negative by roughly $9.1 billion for a second consecutive quarter. Investors are questioning whether the enormous capital outlays will produce adequate returns and whether Alphabet may need additional debt or equity financing.
  • Negative Sentiment: An unrealized loss on Alphabet’s SpaceX investment reduced quarterly earnings by approximately $0.55 per share, while an EU antitrust fine further pressured results. Analysts including RBC, Wells Fargo, Citigroup, Wedbush, KeyCorp and Cantor Fitzgerald lowered price targets, even though most maintained positive ratings.

About Alphabet

(Free Report)

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.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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