Alphabet Inc. $GOOGL Shares Newly Bought by Quadrant Capital Group LLC

Quadrant Capital Group LLC purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOGL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 295,296 shares of the information services provider’s stock, valued at approximately $104,470,000. Alphabet comprises approximately 2.8% of Quadrant Capital Group LLC’s investment portfolio, making the stock its 6th largest holding.

Several other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of Alphabet by 5.6% during the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after buying an additional 12,718,127 shares in the last quarter. Diamant Asset Management Inc. lifted its position in Alphabet by 28,950.0% in the 1st quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider’s stock worth $2,671,986,000 after buying an additional 9,259,940 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Alphabet by 90.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock worth $4,900,078,000 after buying an additional 8,112,680 shares during the last quarter. Amundi boosted its stake in Alphabet by 12.7% in the first quarter. Amundi now owns 31,745,979 shares of the information services provider’s stock worth $9,128,850,000 after buying an additional 3,574,810 shares in the last quarter. Finally, Jupiter Topco LLC purchased a new stake in Alphabet in the second quarter worth approximately $1,058,385,000. Institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Anthropic’s IPO filing disclosed approximately $114.5 billion in non-cancelable cloud commitments with Alphabet. The agreements could provide significant long-term revenue visibility for Google Cloud, although investors will focus on whether the business can convert that demand into higher margins and free cash flow. Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Google Cloud reportedly grew sharply and its backlog reached about $514 billion, while the Gemini app expanded to roughly 950 million monthly users. These figures support the view that cloud and AI could become increasingly important growth engines alongside Search. Alphabet Has $514 Billion in Cloud Orders
• Neutral Sentiment: Options traders expect a sizable move following the October 28 earnings report. The key issues will be Search growth, Google Cloud margins, AI monetization, capital-expenditure guidance, and free cash flow. Alphabet has historically had mixed next-day earnings reactions. Here’s How Much Traders See Google Parent Alphabet’s Stock Moving After Earnings
• Negative Sentiment: Investors remain wary that heavy AI infrastructure spending could pressure margins and free cash flow, as happened after the prior quarterly report. An analyst also reduced the price target ahead of earnings, adding to caution. Alphabet Stock Slips After Citizens Cuts Price Target
• Negative Sentiment: Several law firms publicized securities class actions alleging Alphabet misled investors during the May 19–July 16 period. The filings are largely investor-solicitation notices rather than new operating developments, but they add reputational and potential financial risk. Alphabet Securities Fraud Class Action Deadline

Alphabet Stock Performance

NASDAQ:GOOGL opened at $316.80 on Tuesday. The stock has a market cap of $3.87 trillion, a P/E ratio of 15.91, a price-to-earnings-growth ratio of 0.92 and a beta of 1.21. The firm’s fifty day simple moving average is $342.94 and its 200 day simple moving average is $340.66. Alphabet Inc. has a twelve month low of $264.28 and a twelve month high of $408.61. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Roth Capital reiterated a “buy” rating and set a $440.00 price target (up from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a report on Thursday, July 23rd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $480.00 price objective (up from $465.00) on shares of Alphabet in a research note on Tuesday, October 20th. DA Davidson set a $350.00 target price on shares of Alphabet and gave the company a “neutral” rating in a report on Thursday, July 23rd. Finally, Barclays reaffirmed an “overweight” rating and set a $425.00 target price (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Alphabet has an average rating of “Buy” and a consensus price target of $425.04.

Insider Activity

In other news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 transaction of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 696 shares of company stock valued at $232,894. Corporate insiders own 11.61% of the company’s stock.

Alphabet 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.