Alphabet Inc. $GOOG Stock Bought by Third View Private Wealth LLC

Third View Private Wealth LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 4.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,679 shares of the information services provider’s stock after purchasing an additional 2,852 shares during the quarter. Alphabet makes up approximately 2.7% of Third View Private Wealth LLC’s holdings, making the stock its 8th biggest position. Third View Private Wealth LLC’s holdings in Alphabet were worth $22,720,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GOOG. BlackRock Inc. raised its position in shares of Alphabet by 1.4% during the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock valued at $130,704,718,000 after buying an additional 5,164,200 shares during the last quarter. State Street Corp lifted its holdings in shares of Alphabet by 2.8% in the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock worth $67,458,980,000 after buying an additional 5,208,690 shares in the last quarter. Amundi boosted its position in shares of Alphabet by 22.9% during the first quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after acquiring an additional 4,083,758 shares during the last quarter. Deutsche Bank AG boosted its position in shares of Alphabet by 5.6% during the second quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock worth $6,117,460,000 after acquiring an additional 913,666 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Alphabet by 24.9% during the second quarter. Wellington Management Group LLP now owns 17,209,454 shares of the information services provider’s stock worth $6,080,616,000 after acquiring an additional 3,432,287 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on GOOG shares. New Street Research cut their target price on shares of Alphabet from $455.00 to $405.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Rosenblatt Securities initiated coverage on shares of Alphabet in a report on Thursday, August 20th. They issued a “buy” rating on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Thursday, October 15th. Benchmark reissued a “buy” rating on shares of Alphabet in a report on Thursday, October 29th. Finally, China Renaissance cut their price objective on Alphabet from $485.00 to $445.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus target price of $413.38.

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the stock in a transaction 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 in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 247 shares of company stock worth $79,238 over the last quarter. 12.99% of the stock is owned by corporate insiders.

Alphabet Stock Down 1.9%

Shares of GOOG opened at $281.74 on Friday. The stock has a market capitalization of $3.45 trillion, a price-to-earnings ratio of 14.70, a price-to-earnings-growth ratio of 0.87 and a beta of 1.21. Alphabet Inc. has a 1 year low of $271.41 and a 1 year high of $404.47. The business’s 50 day simple moving average is $330.86 and its 200-day simple moving average is $337.20. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, October 29th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.97 billion. During the same quarter in the prior year, the company posted $2.87 earnings per share. The firm’s revenue was up 24.7% compared to the same quarter last year. As a group, equities analysts expect that Alphabet Inc. will post 19.80 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is backing financing for TeraWulf’s data-center project tied to Anthropic’s long-term leases. The support could help secure infrastructure for AI demand, though it also exposes Google to a contingent commitment if Anthropic defaults. Article: Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
• Positive Sentiment: Waymo plans to expand its robotaxi fleet in Nashville by year-end, offering a potential growth signal for Alphabet’s autonomous-driving business. Article: Lyft to expand Waymo robotaxi fleet in Nashville by year-end
• Negative Sentiment: Google, Meta and TikTok sued California’s attorney general to block a law restricting features deemed addictive for under-16 users. The dispute adds regulatory uncertainty and scrutiny of Google’s services for young people. Article: Meta, Google, and TikTok sue California AG over teen social media law
• Negative Sentiment: Parents have sued Google, alleging a student used an AI chat on a school Chromebook while planning a suicide attempt. The claim is unproven, but it could heighten concerns about AI safety, liability and reputational risk. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt
• Negative Sentiment: Several law firms publicized a securities class action concerning investors who bought Alphabet shares from May 19 to July 16, alleging misleading statements about Gemini 3.5 Pro’s launch timing. The allegations have not been proven, but add legal overhang. Article: Rosen Law Firm investor notice

Alphabet Company Profile

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.