WealthPlan Investment Management LLC Purchases 5,742 Shares of Alphabet Inc. $GOOGL

WealthPlan Investment Management LLC grew its position in Alphabet Inc. (NASDAQ:GOOGL) by 6.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 94,601 shares of the information services provider’s stock after purchasing an additional 5,742 shares during the period. Alphabet accounts for 1.5% of WealthPlan Investment Management LLC’s holdings, making the stock its 11th largest position. WealthPlan Investment Management LLC’s holdings in Alphabet were worth $32,550,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in GOOGL. SBE LLC DBA Cedar Cove Wealth Partners increased its holdings in shares of Alphabet by 3.0% during the 3rd quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 2,337 shares of the information services provider’s stock worth $804,000 after buying an additional 68 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of Alphabet by 3.4% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 12,240 shares of the information services provider’s stock valued at $4,212,000 after buying an additional 408 shares during the period. Nvwm LLC lifted its holdings in Alphabet by 1.6% in the third quarter. Nvwm LLC now owns 46,587 shares of the information services provider’s stock valued at $16,030,000 after acquiring an additional 727 shares during the last quarter. Colorado Capital Management Inc. lifted its holdings in Alphabet by 3.3% in the third quarter. Colorado Capital Management Inc. now owns 6,194 shares of the information services provider’s stock valued at $2,131,000 after acquiring an additional 198 shares during the last quarter. Finally, Loftus Peak Pty Ltd grew its position in Alphabet by 15.1% in the third quarter. Loftus Peak Pty Ltd now owns 105,662 shares of the information services provider’s stock worth $36,356,000 after acquiring an additional 13,880 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

GOOGL has been the subject of several recent analyst reports. Citizens Jmp reissued a “market outperform” rating and set a $515.00 target price on shares of Alphabet in a research note on Wednesday, July 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Thursday. Benchmark reaffirmed a “buy” rating on shares of Alphabet in a research note on Thursday, October 1st. Wall Street Zen cut Alphabet from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a report on Monday, June 22nd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Alphabet presently has a consensus rating of “Buy” and a consensus price target of $425.04.

Alphabet Trading Down 2.5%

Alphabet stock traded down $8.63 during trading on Friday, hitting $340.59. The company had a trading volume of 28,484,155 shares, compared to its average volume of 26,079,582. Alphabet Inc. has a 1-year low of $244.15 and a 1-year high of $408.61. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The company’s 50 day simple moving average is $344.26 and its 200-day simple moving average is $351.32. The stock has a market cap of $4.17 trillion, a price-to-earnings ratio of 17.11, a price-to-earnings-growth ratio of 1.01 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. As a group, analysts expect that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Insider Activity

In related 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 value of $28,257.35. Following the sale, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the business’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 in the company, valued at $9,125,015.20. This represents a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 420,865 shares of company stock valued at $8,293,477. 11.61% of the stock is currently owned by corporate insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

About Alphabet

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.