Kurv Investment Management LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 7.1% in the third quarter, Holdings Channel.com reports. The fund owned 45,374 shares of the information services provider’s stock after purchasing an additional 3,001 shares during the period. Alphabet comprises about 7.8% of Kurv Investment Management LLC’s holdings, making the stock its biggest position. Kurv Investment Management LLC’s holdings in Alphabet were worth $15,612,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of GOOGL. EMC Capital Management purchased a new position in Alphabet during the 2nd quarter valued at approximately $35,000. Core Capital Management & Research inc. bought a new stake in Alphabet in the 2nd quarter worth approximately $41,000. Intelligent Financial Strategies purchased a new stake in shares of Alphabet during the 3rd quarter worth approximately $41,000. Premier Financial Group purchased a new stake in shares of Alphabet during the 2nd quarter worth approximately $45,000. Finally, Van Den Berg Management I Inc. raised its holdings in shares of Alphabet by 319.6% during the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider’s stock worth $61,000 after acquiring an additional 163 shares in the last quarter. 40.03% 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 stock in a transaction 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 sale, the director 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold a total of 247 shares of company stock worth $79,238 in the last quarter. Insiders own 11.61% of the company’s stock.
Alphabet Stock Performance
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.90). The company had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. Sell-side analysts predict that Alphabet Inc. will post 19.86 earnings per share for the current year.
Alphabet Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is 4.59%.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
- Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
- Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
- Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
- Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article
Wall Street Analysts Forecast Growth
GOOGL has been the subject of a number of recent research reports. Morgan Stanley reissued an “overweight” rating and issued a $375.00 target price (down from $400.00) on shares of Alphabet in a report on Thursday, October 29th. Barclays restated an “overweight” rating and issued a $405.00 price target (down from $425.00) on shares of Alphabet in a research report on Thursday, October 29th. Tigress Financial reiterated a “strong-buy” rating and set a $485.00 price objective (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. The Goldman Sachs Group reissued a “buy” rating and issued a $385.00 price objective on shares of Alphabet in a research note on Thursday, October 29th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $480.00 target price (up from $465.00) on shares of Alphabet in a report on Tuesday, October 20th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and a consensus target price of $412.51.
Check Out Our Latest Analysis on GOOGL
Alphabet Company Profile
Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.
Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.
Alphabet serves consumers, businesses and organizations around the world.
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