4,111 Alphabet Inc. $GOOG Shares Acquired by Shah Wealth Advisors LLC

Shah Wealth Advisors LLC raised its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 529.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,888 shares of the information services provider’s stock after buying an additional 4,111 shares during the period. Shah Wealth Advisors LLC’s holdings in Alphabet were worth $1,666,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Readystate Asset Management LP bought a new position in shares of Alphabet in the 2nd quarter valued at $45,352,000. Arrowstreet Capital Limited Partnership grew its position in Alphabet by 76.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 14,581,870 shares of the information services provider’s stock worth $4,182,952,000 after acquiring an additional 6,300,900 shares during the last quarter. State Street Corp grew its position 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 worth $67,458,980,000 after acquiring an additional 5,208,690 shares during the last quarter. BlackRock Inc. increased its holdings in Alphabet by 1.4% in the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock worth $130,704,718,000 after purchasing an additional 5,164,200 shares in the last quarter. Finally, Amundi increased its holdings in Alphabet by 22.9% in the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after purchasing an additional 4,083,758 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold 247 shares of company stock valued at $79,238 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

Alphabet Trading Down 1.0%

GOOG traded down $2.83 during midday trading on Friday, hitting $292.52. 18,439,258 shares of the company were exchanged, compared to its average volume of 26,699,732. The firm’s 50 day moving average price is $325.11 and its 200-day moving average price is $335.97. Alphabet Inc. has a 1-year low of $271.41 and a 1-year high of $404.47. The firm has a market capitalization of $3.60 trillion, a P/E ratio of 15.27, a P/E/G ratio of 0.90 and a beta of 1.21. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The company had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. During the same period in the previous year, the company posted $2.87 EPS. The company’s quarterly revenue was up 24.7% on a year-over-year basis. As a group, equities analysts forecast that Alphabet Inc. will post 19.74 EPS for the current fiscal 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. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is presently 4.59%.

Key Headlines Impacting Alphabet

Investors following GOOG have been watching these headlines:

  • Positive Sentiment: Institutional demand provides support: ETFs bought a reported $78.6 million of GOOG shares on Wednesday, with 42 funds buying and 12 selling. Berkshire Hathaway has also built a substantial Alphabet position, though these holdings data are not a real-time trading signal. Article
  • Negative Sentiment: A securities class action alleges Alphabet misled investors about Gemini development and disclosures during May–July 2026. The allegations have not been proven, but the case adds legal and reputational uncertainty; the lead-plaintiff deadline is December 1. Article
  • Negative Sentiment: Alphabet’s planned AI infrastructure spending—reported at up to $205 billion this year—could weigh on returns if growth does not justify the cost. A separate lawsuit seeking to halt frontier-AI development also adds regulatory uncertainty. Article

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Evercore reiterated an “outperform” rating and issued a $435.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Cantor Fitzgerald restated an “overweight” rating and set a $350.00 price target on shares of Alphabet in a report on Thursday, October 29th. Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Rosenblatt Securities began coverage on shares of Alphabet in a report on Thursday, August 20th. They issued a “buy” rating for the company. Finally, Scotiabank reiterated a “sector outperform” rating and set a $375.00 target price (down from $450.00) on shares of Alphabet in a research report on Thursday, October 29th. Six analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $413.38.

Get Our Latest Research Report on Alphabet

About Alphabet

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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