Alphabet Inc. $GOOGL Stock Bought by MRA Advisory Group

MRA Advisory Group lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 509.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,065 shares of the information services provider’s stock after buying an additional 8,413 shares during the period. Alphabet makes up about 1.3% of MRA Advisory Group’s holdings, making the stock its 26th biggest holding. MRA Advisory Group’s holdings in Alphabet were worth $3,463,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Strategic Wealth Advisors LLC raised its position in Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock valued at $137,000 after buying an additional 27 shares during the last quarter. Rockbridge Investment Management LCC grew its stake in shares of Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after acquiring an additional 27 shares in the last quarter. Ruggaard & Associates LLC grew its stake in shares of Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock worth $840,000 after acquiring an additional 27 shares in the last quarter. Cadia Private Client LLC raised its holdings in shares of Alphabet by 1.1% in the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock valued at $744,000 after purchasing an additional 28 shares during the last quarter. Finally, Evansbrook LLC lifted its position in shares of Alphabet by 0.3% during the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after purchasing an additional 28 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on GOOGL. DA Davidson set a $350.00 price target on shares of Alphabet and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 27th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $515.00 target price on shares of Alphabet in a report on Wednesday, July 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $425.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $420.00 price objective (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Alphabet presently has an average rating of “Buy” and an average price target of $425.72.

Check Out Our Latest Stock Report on Alphabet

Insiders Place Their Bets

In other news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated 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 transaction, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The disclosure for this sale is available in the SEC filing. Insiders sold 441,399 shares of company stock worth $8,677,053 over the last quarter. 11.61% of the stock is currently owned by company insiders.

Alphabet Stock Performance

Alphabet stock traded down $0.50 during trading on Wednesday, hitting $347.18. The stock had a trading volume of 9,621,167 shares, compared to its average volume of 30,748,262. The stock’s 50 day moving average is $345.42 and its two-hundred day moving average is $348.53. Alphabet Inc. has a 1 year low of $235.84 and a 1 year high of $408.61. The stock has a market cap of $4.25 trillion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 1.00 and a beta of 1.21. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL – Get Free Report) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping 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 business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. As a group, analysts predict that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Dividend Announcement

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

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Google and Unity Software launched an AI-powered game-creation platform that converts natural-language prompts into playable games. The initiative could expand Google’s role in generative AI and attract creators who might otherwise use Roblox, although it also increases competitive pressure in gaming. Alphabet’s Google, Unity Software Launch Playground for Creators to Develop Games Using Prompts
  • Positive Sentiment: Google signed long-term nuclear-power agreements with Constellation Energy covering approximately 3,590 megawatts, including 890 megawatts of additional capacity. Securing reliable electricity supports the expansion of AI data centers and signals that Alphabet is addressing power constraints with multi-decade supply commitments. Google Signs Nuclear Deal With Constellation Energy
  • Positive Sentiment: Analyst commentary remains constructive: Alphabet’s roughly 17-times earnings valuation, approximately 55% net margin, resilient Search advertising and reported 82% Google Cloud growth are viewed as support for a potential technical breakout. The average analyst target cited is about $426, implying meaningful upside if growth continues. Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
  • Neutral Sentiment: Google launched SynthID, a public website for identifying AI-generated images, video and audio. The tool may strengthen Alphabet’s AI-trust and safety credentials, but its direct financial impact is currently unclear. Google’s new SynthID website can identify AI-generated media
  • Negative Sentiment: Finland ordered Google to halt construction on two data centers until environmental-impact assessments are completed. The delay could increase project costs or postpone AI capacity additions, though Alphabet said it recognizes the concerns and is addressing them. Google ordered to halt work on two data centers in Finland
  • Negative Sentiment: Multiple law firms publicized a securities class action alleging Alphabet misrepresented progress on its Gemini 3.5 Pro model after a prior stock decline. Separate reports cite a U.K. Play Store-fee action and a potential $3.2 billion ad-tech damages claim. These remain allegations, but they add litigation and regulatory uncertainty.

Alphabet Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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