Alphabet Inc. $GOOGL Shares Purchased by Value Partners Investments Inc.

Value Partners Investments Inc. lifted its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 28.9% in the third quarter, HoldingsChannel reports. The firm owned 218,480 shares of the information services provider’s stock after purchasing an additional 48,973 shares during the quarter. Alphabet accounts for 5.1% of Value Partners Investments Inc.’s portfolio, making the stock its 2nd largest position. Value Partners Investments Inc.’s holdings in Alphabet were worth $75,250,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. State Street Corp grew its position 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 worth $85,403,303,000 after acquiring an additional 12,718,127 shares in the last quarter. Diamant Asset Management Inc. raised its position in Alphabet by 28,950.0% during the first quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider’s stock valued at $2,671,986,000 after purchasing an additional 9,259,940 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Alphabet by 90.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock valued at $4,900,078,000 after purchasing an additional 8,112,680 shares during the period. Amundi raised its position in Alphabet by 12.7% during the first 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 during the period. Finally, Jupiter Topco LLC bought a new stake in shares of Alphabet in the 2nd quarter valued at approximately $1,058,385,000. Institutional investors own 40.03% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on GOOGL shares. Wells Fargo & Company reiterated an “overweight” rating and issued a $417.00 target price (up from $411.00) on shares of Alphabet in a report on Tuesday, October 6th. Roth Capital reaffirmed a “buy” rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Alphabet from $420.00 to $425.00 and gave the company an “overweight” rating in a research report on Thursday, October 15th. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. Finally, UBS Group restated a “neutral” rating and issued a $380.00 target price (up from $379.00) on shares of Alphabet in a report on Wednesday, October 14th. Five investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Alphabet presently has an average rating of “Buy” and an average target price of $425.04.

Alphabet Price Performance

GOOGL opened at $320.21 on Friday. Alphabet Inc. has a 12-month low of $255.32 and a 12-month 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 business’s fifty day simple moving average is $342.79 and its 200-day simple moving average is $352.81. The company has a market capitalization of $3.92 trillion, a price-to-earnings ratio of 16.08, a PEG ratio of 0.94 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. On average, equities research analysts anticipate that Alphabet Inc. will post 20.60 earnings per share for the current fiscal year.

Insider Transactions at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 315,765 shares of company stock valued at $6,297,980. Company insiders own 11.61% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s AI investment story remains a potential long-term support. Analysts and investors point to rising demand for Google Cloud, internally developed TPU chips, advertising resilience, and the potential for Gemini and other AI products to drive future growth. Alphabet Investing Behind AI Demand and TPU Growth
• Positive Sentiment: Pre-earnings coverage remains constructive on Alphabet’s third-quarter outlook, citing AI adoption, cloud growth, and advertising strength. Erste Group also modestly raised its fiscal 2027 EPS forecast, while Citizens JMP maintained a “market outperform” rating despite lowering its price target. Pre-Q3 Earnings Alphabet Stock Outlook
• Neutral Sentiment: Alphabet’s quarterly preferred-stock dividend announcement is unlikely to materially affect GOOGL common shares. Investors are instead focused on operating results, capital expenditures, margins, and management’s AI spending guidance.
• Neutral Sentiment: The upcoming earnings report is the key near-term catalyst. Strong cloud and advertising metrics could help stabilize the stock, but investors may react negatively if capital spending rises faster than AI-related revenue and cash flow.
• Negative Sentiment: Multiple law firms announced or promoted securities-fraud class actions against Alphabet concerning the May 19–July 16 trading period. The complaints allege that Alphabet failed to disclose important information about Gemini 3.5 Pro’s development and launch readiness; the allegations have not been proven. Lead-plaintiff deadlines are generally December 1, with one notice citing November 30. Kaplan Fox Alphabet Class Action Notice
• Negative Sentiment: A reported Google Cloud outage in London disrupted financial and public-sector services and prompted scrutiny from UK regulators and lawmakers, raising operational, reputational, and regulatory concerns. Alphabet Cloud Outage and Regulation
• Negative Sentiment: The broader AI sell-off is weighing on Alphabet as investors question whether enormous data-center, chip, power, and compute expenditures will generate adequate returns. Heavy spending is also contributing to concerns about future margins and valuation.

Alphabet Company 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.