5,335 Shares of Alphabet Inc. $GOOGL Bought by Valen Private Capital LLC

Valen Private Capital LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOGL) during the third quarter, HoldingsChannel reports. The firm bought 5,335 shares of the information services provider’s stock, valued at approximately $1,836,000.

Other institutional investors have also modified their holdings of the company. State Street Corp increased its holdings in Alphabet by 5.6% in the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after buying an additional 12,718,127 shares during the last quarter. Diamant Asset Management Inc. lifted its holdings in Alphabet by 28,950.0% during the 1st quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider’s stock worth $2,671,986,000 after buying an additional 9,259,940 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Alphabet by 90.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock worth $4,900,078,000 after buying an additional 8,112,680 shares during the last quarter. Amundi lifted its holdings in Alphabet by 12.7% during the 1st quarter. Amundi now owns 31,745,979 shares of the information services provider’s stock worth $9,128,850,000 after buying an additional 3,574,810 shares during the last quarter. Finally, Jupiter Topco LLC acquired a new position in shares of Alphabet in the 2nd quarter worth approximately $1,058,385,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Buying and Selling

In related news, Director Frances Arnold sold 83 shares of the company’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 completion of the transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 247 shares of company stock worth $79,238. 11.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

GOOGL has been the subject of a number of research analyst reports. Guggenheim reiterated a “buy” rating and issued a $450.00 price target on shares of Alphabet in a report on Thursday. KeyCorp reduced their price objective on Alphabet from $410.00 to $385.00 and set an “overweight” rating on the stock in a research note on Thursday. Cantor Fitzgerald decreased their price objective on shares of Alphabet from $420.00 to $350.00 and set an “overweight” rating for the company in a report on Thursday. BMO Capital Markets reaffirmed an “outperform” rating and issued a $480.00 price objective (up from $465.00) on shares of Alphabet in a report on Tuesday, October 20th. Finally, Piper Sandler set a $345.00 target price on shares of Alphabet and gave the company an “overweight” rating in a research note on Thursday. Five research 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $410.46.

Alphabet Stock Down 1.4%

NASDAQ:GOOGL opened at $279.84 on Friday. The firm has a market capitalization of $3.42 trillion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 0.82 and a beta of 1.21. The stock has a 50 day moving average of $339.07 and a 200-day moving average of $340.17. Alphabet Inc. has a 52 week low of $270.70 and a 52 week high of $408.61. 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) last announced its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.90). The company had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Analysts predict that Alphabet Inc. will post 20.05 EPS for the current year.

Alphabet News Summary

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.

Alphabet Profile

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.