TB Alternative Assets Ltd. Purchases 100,567 Shares of Alphabet Inc. $GOOG

TB Alternative Assets Ltd. raised its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 63.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 259,901 shares of the information services provider’s stock after acquiring an additional 100,567 shares during the quarter. Alphabet makes up about 18.3% of TB Alternative Assets Ltd.’s holdings, making the stock its largest holding. TB Alternative Assets Ltd.’s holdings in Alphabet were worth $88,559,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Halbert Hargrove Global Advisors LLC lifted its position in shares of Alphabet by 2.4% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 4,786 shares of the information services provider’s stock valued at $1,631,000 after acquiring an additional 110 shares in the last quarter. ACT Advisors LLC. boosted its stake in shares of Alphabet by 13.6% in the third quarter. ACT Advisors LLC. now owns 2,831 shares of the information services provider’s stock worth $964,000 after acquiring an additional 340 shares during the last quarter. Milestone Asset Management LLC boosted its stake in shares of Alphabet by 49.4% in the third quarter. Milestone Asset Management LLC now owns 3,907 shares of the information services provider’s stock worth $1,331,000 after acquiring an additional 1,292 shares during the last quarter. Legacy Wealth Partners LLC increased its position in shares of Alphabet by 3.1% during the third quarter. Legacy Wealth Partners LLC now owns 1,012 shares of the information services provider’s stock worth $345,000 after purchasing an additional 30 shares in the last quarter. Finally, Andrews Advisory Associates LLC purchased a new stake in shares of Alphabet during the third quarter worth approximately $245,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Trading Down 2.3%

Shares of Alphabet stock opened at $336.91 on Friday. The stock has a market cap of $4.12 trillion, a P/E ratio of 16.92, a P/E/G ratio of 0.98 and a beta of 1.19. The stock’s 50 day simple moving average is $341.08 and its 200-day simple moving average is $348.80. Alphabet Inc. has a 1-year low of $244.67 and a 1-year high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. During the same period in the prior year, the business earned $2.31 earnings per share. The business’s revenue was up 24.2% compared to the same quarter last year. Analysts predict that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were given a dividend of $0.22 per share. The ex-dividend date was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction 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 owned 19,076 shares of the company’s stock, valued at approximately $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 accessible through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 420,865 shares of company stock valued at $8,293,477. Insiders own 12.99% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI-chip opportunity: Evercore ISI raised its Alphabet estimates, arguing that the company could sell its internally developed tensor processing units (TPUs) to cloud customers. AI-chip revenue could become a meaningful contributor to Google Cloud, supporting growth and improving the return on Alphabet’s substantial infrastructure investments. Evercore raises Alphabet estimates on potential TPU hardware sales
• Positive Sentiment: Quantum-computing breakthrough: Google reported a technique that reduces quantum-computing errors by roughly 40 times. Although commercialization remains uncertain, the development reinforces Alphabet’s long-term technology leadership and could support investor enthusiasm around its research portfolio. Google demonstrates new quantum computer breakthrough
• Positive Sentiment: Expansion of growth businesses: Waymo received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028. Alphabet also reached a multiyear AI-content agreement with CNN, potentially strengthening its AI products and training resources. Google’s Waymo plans first Canada robotaxi service in Toronto in 2028
• Neutral Sentiment: Analyst support remains favorable: JPMorgan raised its Alphabet target to $425 and maintained an overweight rating, while recent commentary continues to emphasize strong cloud and AI growth. However, investors remain focused on whether large capital expenditures can generate sufficient future returns.
• Negative Sentiment: Macro pressure: A hotter-than-expected producer-price report reduced expectations for near-term Federal Reserve rate cuts. Higher-for-longer rates typically weigh on high-growth technology valuations, contributing to weakness across major technology shares, including Alphabet.
• Negative Sentiment: Legal overhang: Multiple law firms publicized a securities class action involving investors who held Alphabet shares between May 19 and July 16, 2026, citing alleged securities-law violations related to disclosures about Gemini AI performance. The repeated deadline reminders may add short-term sentiment pressure, although the ultimate financial impact remains uncertain. Kaplan Fox Alphabet class action reminder

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Raymond James Financial restated a “strong-buy” rating on shares of Alphabet in a report on Thursday, July 23rd. Wells Fargo & Company set a $417.00 target price on shares of Alphabet and gave the stock an “overweight” rating in a research note on Tuesday, October 6th. The Goldman Sachs Group lowered their target price on shares of Alphabet from $440.00 to $435.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Finally, Canaccord Genuity Group set a $450.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $422.10.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.