ProShare Advisors LLC lifted its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 3.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,076,096 shares of the information services provider’s stock after purchasing an additional 94,301 shares during the quarter. Alphabet accounts for about 1.5% of ProShare Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. ProShare Advisors LLC’s holdings in Alphabet were worth $1,058,423,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Vise Technologies Inc. raised its stake in Alphabet by 19.4% during the 3rd quarter. Vise Technologies Inc. now owns 460,470 shares of the information services provider’s stock valued at $158,438,000 after buying an additional 74,659 shares during the last quarter. Investment Partners LTD. boosted its stake in shares of Alphabet by 57.7% in the 3rd quarter. Investment Partners LTD. now owns 10,529 shares of the information services provider’s stock worth $3,622,000 after buying an additional 3,851 shares during the last quarter. Intrua Financial LLC boosted its stake in shares of Alphabet by 0.4% in the 3rd quarter. Intrua Financial LLC now owns 10,675 shares of the information services provider’s stock worth $3,673,000 after buying an additional 42 shares during the last quarter. Blue Fin Capital Inc. grew its holdings in shares of Alphabet by 6.2% in the third quarter. Blue Fin Capital Inc. now owns 122,549 shares of the information services provider’s stock worth $42,167,000 after acquiring an additional 7,106 shares during the period. Finally, Global Assets Advisory LLC grew its holdings in shares of Alphabet by 0.4% in the third quarter. Global Assets Advisory LLC now owns 20,458 shares of the information services provider’s stock worth $7,099,000 after acquiring an additional 86 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.
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
Analyst Upgrades and Downgrades
A number of analysts recently commented on the company. BMO Capital Markets reiterated an “outperform” rating and set a $480.00 price objective (up from $465.00) on shares of Alphabet in a research report on Tuesday, October 20th. Piper Sandler set a $345.00 target price on Alphabet and gave the stock an “overweight” rating in a research report on Thursday, October 29th. Evercore restated an “outperform” rating and set a $450.00 price target on shares of Alphabet in a research note on Wednesday, September 16th. Sanford C. Bernstein restated a “market perform” rating and set a $325.00 price target (down from $385.00) on shares of Alphabet in a research note on Thursday, October 29th. Finally, Moffett Nathanson set a $345.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $412.51.
View Our Latest Stock Analysis on GOOGL
Insider Buying and Selling
In other Alphabet news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction dated 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 sale, the director owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 247 shares of company stock valued at $79,238 in the last three months. Corporate insiders own 11.61% of the company’s stock.
Alphabet Stock Performance
Shares of GOOGL stock opened at $284.78 on Monday. Alphabet Inc. has a 1 year low of $270.70 and a 1 year high of $408.61. The firm has a fifty day moving average price of $332.93 and a 200-day moving average price of $338.97. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The company has a market cap of $3.50 trillion, a price-to-earnings ratio of 14.86, a PEG ratio of 0.86 and a beta of 1.23.
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS 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. As a group, equities analysts predict that Alphabet Inc. will post 19.86 earnings per share for the current year.
Alphabet Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s payout ratio is currently 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.
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