Alphabet Inc. $GOOG Stock Bought by ProShare Advisors LLC

ProShare Advisors LLC grew its stake in Alphabet Inc. (NASDAQ:GOOG) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,679,204 shares of the information services provider’s stock after acquiring an additional 107,924 shares during the quarter. Alphabet comprises approximately 1.3% of ProShare Advisors LLC’s portfolio, making the stock its 11th biggest holding. ProShare Advisors LLC’s holdings in Alphabet were worth $912,912,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Providence Wealth Advisors LLC raised its stake in Alphabet by 0.3% in the 1st quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider’s stock valued at $3,094,000 after purchasing an additional 29 shares during the last quarter. One Charles Private Wealth Services LLC lifted its holdings in Alphabet by 0.6% in the 1st quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider’s stock valued at $1,390,000 after purchasing an additional 29 shares in the last quarter. Wisconsin Wealth Advisors LLC lifted its holdings in Alphabet by 1.3% in the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 2,223 shares of the information services provider’s stock valued at $785,000 after purchasing an additional 29 shares in the last quarter. Cypress Financial Planning LLC lifted its holdings in Alphabet by 1.3% in the 3rd quarter. Cypress Financial Planning LLC now owns 2,198 shares of the information services provider’s stock valued at $749,000 after purchasing an additional 29 shares in the last quarter. Finally, Johnson Wealth Management LLC boosted its stake in shares of Alphabet by 1.7% during the 2nd quarter. Johnson Wealth Management LLC now owns 1,842 shares of the information services provider’s stock worth $651,000 after purchasing an additional 30 shares during the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction that occurred on 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 transaction, the director owned 19,076 shares of the company’s stock, 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 document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 247 shares of company stock valued at $79,238 in the last ninety days. 12.99% of the stock is currently owned by insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue more than doubled year over year to about $30.7 billion, and the company has a substantial backlog. A report that OpenAI is interested in buying Google’s AI chips could also help Alphabet monetize its infrastructure investment. OpenAI Wants to Buy Google AI Chips
• Positive Sentiment: Alphabet is reportedly in preliminary discussions related to the U.S. Defense Department’s Golden Dome initiative. A contract could diversify revenue and help generate returns on its AI infrastructure, though no agreement is confirmed. Alphabet’s Golden Dome Talks Could Open a New Market
• Neutral Sentiment: Google says it will make AI tools opt-in for K–12 accounts, but the changes have drawn political criticism after reports that schools restricting AI could also lose Search by default. The controversy may create reputational risk, while the effect on revenue is unclear. Google responds to political backlash over removing search from schools
• Negative Sentiment: The latest quarter’s $2.12 per-share earnings missed analyst expectations, while aggressive AI investment pushed free cash flow into negative territory. Investors are also weighing expectations for higher capital spending, which could pressure cash flow further before the investments pay off. Alphabet’s Free Cash Flow Just Turned Negative
• Negative Sentiment: Several law firms publicized an existing securities class action concerning alleged disclosures about Gemini 3.5 Pro’s training results. The announcements add legal and headline risk, but are not findings of wrongdoing. Alphabet securities class action deadline notice

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on GOOG shares. Raymond James Financial reiterated a “strong-buy” rating and set a $350.00 price target on shares of Alphabet in a report on Thursday, October 29th. Scotiabank reissued a “sector outperform” rating and issued a $375.00 price objective (down from $450.00) on shares of Alphabet in a research report on Thursday, October 29th. Wolfe Research reissued an “outperform” rating on shares of Alphabet in a research note on Thursday, August 27th. Jefferies Financial Group restated a “buy” rating on shares of Alphabet in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. decreased their target price on shares of Alphabet from $425.00 to $375.00 and set an “overweight” rating on the stock in a research report on Thursday, October 29th. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $413.38.

Alphabet Stock Up 0.1%

GOOG opened at $278.27 on Wednesday. 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 stock has a market capitalization of $3.40 trillion, a price-to-earnings ratio of 14.52, a price-to-earnings-growth ratio of 0.84 and a beta of 1.21. The business has a 50-day moving average of $333.13 and a two-hundred day moving average of $337.67. Alphabet Inc. has a 12 month low of $271.41 and a 12 month high of $404.47.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). The company had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The company’s revenue was up 24.7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.87 EPS. On average, research analysts expect that Alphabet Inc. will post 19.80 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s payout ratio is presently 4.59%.

About Alphabet

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.