4,138 Alphabet Inc. $GOOG Shares Bought by International Private Wealth Advisors LLC

International Private Wealth Advisors LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 41.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,041 shares of the information services provider’s stock after buying an additional 4,138 shares during the period. Alphabet makes up about 1.8% of International Private Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest position. International Private Wealth Advisors LLC’s holdings in Alphabet were worth $4,784,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Readystate Asset Management LP bought a new position in Alphabet during the second quarter worth $45,352,000. BlackRock Inc. raised its stake in Alphabet by 1.4% during the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock valued at $130,704,718,000 after purchasing an additional 5,164,200 shares during the last quarter. State Street Corp raised its stake in Alphabet by 2.8% during the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after purchasing an additional 5,208,690 shares during the last quarter. Amundi raised its stake in Alphabet by 22.9% during the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock valued at $6,288,654,000 after purchasing an additional 4,083,758 shares during the last quarter. Finally, Deutsche Bank AG raised its stake in Alphabet by 5.6% during the 2nd quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock valued at $6,117,460,000 after purchasing an additional 913,666 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Alphabet

Investors following GOOG have been watching these stories:

• Positive Sentiment: Alphabet could benefit from Nvidia CEO Jensen Huang’s reported departure, which may encourage cloud customers to diversify chip suppliers and challenge Nvidia’s premium pricing. Google’s Tensor Processing Units (TPUs) and its chip investments position it to compete for AI-computing demand. Nvidia succession uncertainty opens door for Google TPU and Broadcom, analyst says
• Neutral Sentiment: Alphabet’s cloud growth and cash generation remain part of the investment case, but commentary also flags the cost of its AI infrastructure expansion as a risk to cash flow and returns. 3 Unstoppable Dow Stocks to Buy in November
• Negative Sentiment: Alphabet faces a securities class action alleging investors were misled about Gemini 3.5 Pro’s expected launch and training results. The claims are allegations, but the case adds legal and reputational risk. Alphabet shareholder alert regarding securities lawsuit

Insider Activity

In other news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred on 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 directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders sold 247 shares of company stock valued at $79,238. Corporate insiders own 12.99% of the company’s stock.

Analysts Set New Price Targets

GOOG has been the topic of several research analyst reports. Zacks Research lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Truist Financial set a $410.00 price objective on shares of Alphabet in a report on Thursday, October 29th. Pivotal Research reaffirmed a “buy” rating and set a $475.00 price objective on shares of Alphabet in a research report on Thursday, October 29th. Bank of America reaffirmed a “buy” rating on shares of Alphabet in a research report on Thursday, October 29th. Finally, KeyCorp reiterated an “overweight” rating and issued a $385.00 target price on shares of Alphabet in a research note on Thursday, October 29th. Six 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $413.38.

Alphabet Stock Performance

NASDAQ:GOOG opened at $295.35 on Friday. Alphabet Inc. has a 12-month low of $271.41 and a 12-month high of $404.47. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $3.63 trillion, a PE ratio of 15.41, a price-to-earnings-growth ratio of 0.88 and a beta of 1.21. The firm has a 50-day moving average price of $326.04 and a 200 day moving average price of $336.19.

Alphabet (NASDAQ:GOOG) last announced its quarterly 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). The business had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.97 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm’s revenue for the quarter was up 24.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.87 EPS. Research analysts anticipate that Alphabet Inc. will post 19.74 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

About Alphabet

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer. Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.