Alphabet Inc. $GOOGL Stock Bought by Kassira Wealth Management LLC

Kassira Wealth Management LLC lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 12.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,819 shares of the information services provider’s stock after buying an additional 3,799 shares during the period. Alphabet makes up about 9.5% of Kassira Wealth Management LLC’s holdings, making the stock its biggest holding. Kassira Wealth Management LLC’s holdings in Alphabet were worth $11,981,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in GOOGL. State Street Corp grew its position in Alphabet by 5.6% during 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 acquiring an additional 12,718,127 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Alphabet by 90.9% in 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 purchasing an additional 8,112,680 shares during the period. Amundi lifted its stake in shares of Alphabet by 12.7% in the 1st quarter. Amundi now owns 31,745,979 shares of the information services provider’s stock valued at $9,128,850,000 after purchasing an additional 3,574,810 shares in the last quarter. Jupiter Topco LLC acquired a new position in shares of Alphabet in the 2nd quarter valued at about $1,058,385,000. Finally, Nykredit A S acquired a new position in shares of Alphabet in the 2nd quarter valued at about $1,004,749,000. 40.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on GOOGL shares. KeyCorp decreased their target price on Alphabet from $410.00 to $385.00 and set an “overweight” rating for the company in a report on Thursday, October 29th. Royal Bank Of Canada cut their price target on shares of Alphabet from $425.00 to $400.00 and set an “outperform” rating on the stock in a report on Thursday, October 29th. Piper Sandler set a $345.00 price target on shares of Alphabet and gave the company an “overweight” rating in a research report on Thursday, October 29th. UBS Group set a $332.00 price objective on shares of Alphabet and gave the stock a “neutral” rating in a research note on Thursday, October 29th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Thursday, October 15th. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Alphabet currently has an average rating of “Buy” and a consensus target price of $412.51.

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

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was 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 in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last quarter, insiders sold 247 shares of company stock worth $79,238. Insiders own 11.61% of the company’s stock.

Alphabet Stock Performance

Shares of GOOGL opened at $284.78 on Monday. The stock’s 50-day moving average is $332.93 and its two-hundred day moving average is $338.97. The stock has a market cap of $3.50 trillion, a PE ratio of 14.86, a P/E/G ratio of 0.86 and a beta of 1.23. Alphabet Inc. has a 12 month low of $270.70 and a 12 month high of $408.61. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69.

Alphabet (NASDAQ:GOOGL) last issued its 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). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The company had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. Equities analysts forecast that Alphabet Inc. will post 19.86 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 4.59%.

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.