2,158 Alphabet Inc. $GOOGL Shares Acquired by One Wealth Capital Management LLC

One Wealth Capital Management LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOGL) by 12.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 19,348 shares of the information services provider’s stock after acquiring an additional 2,158 shares during the quarter. Alphabet accounts for 2.5% of One Wealth Capital Management LLC’s investment portfolio, making the stock its 10th largest position. One Wealth Capital Management LLC’s holdings in Alphabet were worth $6,657,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Ascent Wealth Partners LLC boosted its position in shares of Alphabet by 1.5% during the 3rd quarter. Ascent Wealth Partners LLC now owns 75,625 shares of the information services provider’s stock worth $26,021,000 after purchasing an additional 1,087 shares during the period. Lorne Steinberg Wealth Management Inc. raised its position in Alphabet by 0.9% in the third quarter. Lorne Steinberg Wealth Management Inc. now owns 62,806 shares of the information services provider’s stock valued at $21,610,000 after purchasing an additional 582 shares during the period. Nabity Jensen Investment Management Inc raised its position in Alphabet by 3.9% in the third quarter. Nabity Jensen Investment Management Inc now owns 7,191 shares of the information services provider’s stock valued at $2,474,000 after purchasing an additional 270 shares during the period. Canton Hathaway LLC raised its position in Alphabet by 1.9% in the third quarter. Canton Hathaway LLC now owns 12,979 shares of the information services provider’s stock valued at $4,466,000 after purchasing an additional 241 shares during the period. Finally, Gibbs Wealth Management lifted its stake in Alphabet by 25.2% during the third quarter. Gibbs Wealth Management now owns 40,841 shares of the information services provider’s stock worth $14,053,000 after purchasing an additional 8,232 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on GOOGL. Piper Sandler set a $345.00 price target on Alphabet and gave the stock an “overweight” rating in a research report on Thursday. Benchmark reaffirmed a “buy” rating on shares of Alphabet in a research note on Thursday, October 1st. Roth Capital reiterated a “buy” rating and issued a $440.00 price objective (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Yorkville Ives initiated coverage on Alphabet in a research note on Monday, October 5th. They set an “outperform” rating and a $400.00 target price on the stock. Finally, Guggenheim restated a “buy” rating and set a $450.00 target price on shares of Alphabet in a report on Thursday. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $410.46.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director owned 19,076 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through this link. Insiders have sold 247 shares of company stock valued at $79,238 over the last three months. 11.61% of the stock is currently owned by corporate insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue more than doubled year over year to approximately $30.7 billion, while its backlog reached $561 billion. The results support Alphabet’s position as a major beneficiary of enterprise AI demand. Alphabet’s Cloud Business Just Doubled
• Positive Sentiment: Several analysts remain constructive after the selloff. Guggenheim and Needham reaffirmed “buy” ratings with $450 targets, while Citigroup and Wells Fargo retained bullish ratings and projected substantial upside despite lowering their targets.
• Positive Sentiment: Alphabet’s AI ecosystem could gain from rising demand for cloud capacity and specialized chips. Waymo is also expanding internationally through a partnership with Toyota, although the business remains small relative to Alphabet’s core operations. Waymo taps Toyota to supply robotaxis
• Neutral Sentiment: Multiple securities law firms publicized class-action lawsuits and lead-plaintiff deadlines tied to alleged disclosures about Alphabet’s Gemini AI development. These notices add headline risk, but their direct financial impact remains uncertain.
• Negative Sentiment: Alphabet reported adjusted earnings of $2.12 per share, below consensus near $2.94-$3.02, while revenue of $127.6 billion also missed expectations. Search and other revenue grew about 12% to roughly $63 billion, but fell short of forecasts, reinforcing fears that AI-generated answers and “AI mode” searches may monetize less effectively than traditional Search.
• Negative Sentiment: AI infrastructure spending caused free cash flow to remain negative by roughly $9.1 billion for a second consecutive quarter. Investors are questioning whether the enormous capital outlays will produce adequate returns and whether Alphabet may need additional debt or equity financing.
• Negative Sentiment: An unrealized loss on Alphabet’s SpaceX investment reduced quarterly earnings by approximately $0.55 per share, while an EU antitrust fine further pressured results. Analysts including RBC, Wells Fargo, Citigroup, Wedbush, KeyCorp and Cantor Fitzgerald lowered price targets, even though most maintained positive ratings.

Alphabet Stock Down 1.4%

GOOGL stock opened at $279.84 on Friday. The company has a fifty day moving average price of $339.07 and a 200 day moving average price of $340.17. Alphabet Inc. has a 12 month low of $270.70 and a 12 month high of $408.61. The company has a market cap of $3.42 trillion, a price-to-earnings ratio of 14.61, a price-to-earnings-growth ratio of 0.82 and a beta of 1.21. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (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 business had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.96 billion. Sell-side analysts expect that Alphabet Inc. will post 20.05 earnings per share for the current year.

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.