Prime Capital Investment Advisors LLC Buys 2,253 Shares of Alphabet Inc. $GOOGL

Prime Capital Investment Advisors LLC grew its stake in Alphabet Inc. (NASDAQ:GOOGL) by 0.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 259,412 shares of the information services provider’s stock after buying an additional 2,253 shares during the period. Alphabet accounts for 0.9% of Prime Capital Investment Advisors LLC’s holdings, making the stock its 26th biggest position. Prime Capital Investment Advisors LLC’s holdings in Alphabet were worth $89,258,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in GOOGL. EMC Capital Management purchased a new position in Alphabet in the 2nd quarter worth $35,000. Core Capital Management & Research inc. acquired a new stake in Alphabet during the 2nd quarter worth about $41,000. Intelligent Financial Strategies acquired a new stake in Alphabet during the 3rd quarter worth about $41,000. Premier Financial Group purchased a new stake in Alphabet during the 2nd quarter valued at about $45,000. Finally, Graney & King LLC grew its stake in Alphabet by 38.5% during the 2nd quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock valued at $64,000 after purchasing an additional 50 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the business’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 transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 315,765 shares of company stock worth $6,297,980. Insiders own 11.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on GOOGL. Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Needham & Company LLC restated a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a research note on Thursday, October 8th. Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Pivotal Research reiterated a “buy” rating and issued a $475.00 target price (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Tigress Financial reiterated a “strong-buy” rating and issued a $485.00 price target (up from $415.00) on shares of Alphabet in a report on Thursday, September 17th. Five research 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $425.04.

Trending Headlines about Alphabet

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 Trading Down 1.2%

NASDAQ GOOGL opened at $320.21 on Friday. Alphabet Inc. has a 1 year low of $255.32 and a 1 year high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The company has a market capitalization of $3.92 trillion, a PE ratio of 16.08, a P/E/G ratio of 0.92 and a beta of 1.21. The company has a fifty day moving average of $342.79 and a 200 day moving average of $352.81.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. The company had revenue of $119.80 billion for 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%. Research analysts forecast that Alphabet Inc. will post 20.60 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.