Rakuten Investment Management Inc. Takes Position in Alphabet Inc. $GOOGL

Rakuten Investment Management Inc. bought a new position in shares of Alphabet Inc. (NASDAQ:GOOGL) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,870 shares of the information services provider’s stock, valued at approximately $1,184,000.

Several other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp lifted its stake in Alphabet by 2.3% in the 2nd quarter. Truist Financial Corp now owns 2,546,012 shares of the information services provider’s stock valued at $448,684,000 after purchasing an additional 56,295 shares during the last quarter. Moment Partners LLC increased its holdings in shares of Alphabet by 9.3% during the second quarter. Moment Partners LLC now owns 5,896 shares of the information services provider’s stock worth $1,039,000 after buying an additional 504 shares in the last quarter. Welch Group LLC increased its holdings in shares of Alphabet by 4.0% during the second quarter. Welch Group LLC now owns 64,262 shares of the information services provider’s stock worth $11,325,000 after buying an additional 2,467 shares in the last quarter. Brooktree Capital Management bought a new position in shares of Alphabet in the 2nd quarter valued at $352,000. Finally, Griffin Asset Management Inc. boosted its holdings in shares of Alphabet by 13.9% during the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock valued at $14,277,000 after acquiring an additional 7,180 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. JMP Securities reaffirmed a “market outperform” rating and issued a $290.00 target price on shares of Alphabet in a report on Wednesday, October 22nd. Royal Bank Of Canada restated a “buy” rating on shares of Alphabet in a report on Monday, January 26th. Cantor Fitzgerald lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Morgan Stanley lifted their target price on shares of Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Finally, Evercore ISI boosted their target price on shares of Alphabet from $300.00 to $325.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $336.60.

Insider Activity

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $288.26, for a total value of $800,786.28. Following the sale, the chief accounting officer owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. The trade was a 19.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,035,186 shares of company stock worth $94,458,941 over the last ninety days. Corporate insiders own 11.55% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Waymo raised $16 billion in a financing round, valuing the unit at about $126B — this reduces Alphabet’s near-term funding burden for autonomous driving and validates Waymo’s standalone value. Waymo announces $16 billion fundraising round
• Positive Sentiment: Google Cloud struck a five‑year AI and cloud deal with Liberty Global to deploy Gemini models across European units — a material enterprise win for Cloud/AI monetization. Google Cloud, Liberty Global strike five-year AI partnership
• Positive Sentiment: Humana launched an AI-powered agent assist built on Google Cloud, showing continued vertical adoption of Google’s AI stack in healthcare. Humana Unveils AI-Powered Agent Assist Built With Google Cloud
• Positive Sentiment: WSJ reports Google is investing heavily in renewable energy and grid capacity to secure data-center power for AI — strengthens long-term cloud/AI reliability and cost profile. Google Is Spending Big to Build a Lead in the AI Energy Race
• Neutral Sentiment: Analysts and previews (Zacks, previews) show expectations for strong Search and Cloud Q4 momentum — this supports upside but also raises the bar for the earnings print. Can Strong Search and Cloud Growth Aid Alphabet’s Q4 Earnings?
• Neutral Sentiment: Jefferies raised its price target to $400 (buy) while Bernstein raised theirs to $335 (market perform) — mixed analyst signals can amplify intraday swings around earnings. Jefferies raises target; Bernstein adjusts target Bernstein adjusts price target on Alphabet
• Neutral Sentiment: Company insider activity: CAO Amie Thuener O’Toole sold 933 shares (small reduction) and a separate report flags a large shareholder sale — insider sales can create short-term pressure but specifics matter. Insider sale by Amie Thuener O’Toole Major shareholder sells $35M in stock
• Negative Sentiment: Waymo faces a Senate hearing to defend its safety record after federal probes — regulatory scrutiny raises execution and PR risk for Alphabet’s autonomous unit. Waymo to defend self-driving safety record, warn on China competition
• Negative Sentiment: Google agreed to pay $135M to resolve an Android data-transfer lawsuit — a modest but tangible legal expense that can weigh on sentiment. Google to Pay $135 Million to Resolve the Android Data Transfer Lawsuit

Alphabet Stock Down 1.2%

Alphabet stock opened at $339.71 on Wednesday. The firm has a market cap of $4.10 trillion, a price-to-earnings ratio of 33.50, a PEG ratio of 2.08 and a beta of 1.09. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a 50 day moving average price of $321.05 and a two-hundred day moving average price of $268.37.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.