16,469 Shares in Alphabet Inc. $GOOGL Purchased by ASK Capital Investment Managers LLC

Key Points

• ASK Capital Investment Managers acquired 16,469 Alphabet shares valued at approximately $5.67 million, making Alphabet its third-largest holding and representing about 6.2% of its portfolio.
• Institutional investors own approximately 40.03% of Alphabet, while insiders sold 441,399 shares worth $8.68 million over the past 90 days.
• Analysts remain broadly bullish, with Alphabet carrying an average “Buy” rating and a consensus price target of $425.74. The company also exceeded quarterly earnings and revenue expectations, though heavy AI infrastructure spending and related litigation remain risks.

ASK Capital Investment Managers LLC acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 16,469 shares of the information services provider's stock, valued at approximately $5,667,000. Alphabet comprises about 6.2% of ASK Capital Investment Managers LLC's investment portfolio, making the stock its 3rd biggest position.

Several other large investors also recently modified their holdings of GOOGL. Lifetime Wealth Management P.C. bought a new stake in Alphabet during the fourth quarter valued at $32,000. EMC Capital Management acquired a new stake in Alphabet during the 4th quarter worth about $33,000. Core Capital Management & Research inc. bought a new position in shares of Alphabet in the 2nd quarter worth about $41,000. Premier Financial Group bought a new position in shares of Alphabet in the 2nd quarter worth about $45,000. Finally, Van Den Berg Management I Inc. raised its position in shares of Alphabet by 319.6% in the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider's stock worth $61,000 after acquiring an additional 163 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the company's 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 transaction, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 441,399 shares of company stock valued at $8,677,053. 11.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

GOOGL has been the topic of several research analyst reports. Phillip Securities upgraded Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 27th. Freedom Capital upgraded Alphabet from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 23rd. Roth Capital reiterated a "buy" rating and issued a $440.00 target price (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Wall Street Zen lowered Alphabet from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Finally, KeyCorp increased their price target on Alphabet from $425.00 to $445.00 and gave the stock an "overweight" rating in a report on Friday, July 10th. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Alphabet presently has an average rating of "Buy" and a consensus target price of $425.74.

Alphabet Trading Down 1.7%

Shares of Alphabet stock opened at $347.64 on Thursday. The stock has a market capitalization of $4.25 trillion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 1.02 and a beta of 1.21. Alphabet Inc. has a 52 week low of $244.15 and a 52 week high of $408.61. The stock has a 50 day moving average price of $344.71 and a two-hundred day moving average price of $350.87. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts' consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. As a group, equities analysts anticipate that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were given a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet's dividend payout ratio (DPR) is presently 4.42%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched Gemini 4 Argon, a new frontier AI model for developers, businesses and paid users. The model includes expanded coding and knowledge-work capabilities, potentially strengthening Alphabet’s competitive position and supporting future Cloud and subscription revenue. Google launches flagship AI model Gemini 4 Argon for developers and businesses
• Positive Sentiment: UBS raised its Alphabet price target, while BNP Paribas reportedly lifted its target to $450 based partly on the outlook for Alphabet’s in-house Tensor Processing Units. Analysts see potential for the chip business to become a significant revenue opportunity. Alphabet target bumped to $450 at BNP Paribas on TPU outlook
• Positive Sentiment: American Electric Power plans to invest approximately $4 billion in Wyoming fuel-cell generation to serve Google’s growing electricity demand. The project supports Alphabet’s expanding data-center and AI infrastructure capacity, although it also highlights the significant cost of scaling AI. American Electric Power to invest $4 billion fuel-cell project to power Google
• Neutral Sentiment: Alphabet’s Google DeepMind and Google Cloud will give European researchers access to frontier AI models, potentially improving research adoption and ecosystem influence. Meanwhile, the European Commission said it remains in dialogue with Google, leaving regulatory implications unclear.
• Negative Sentiment: Multiple law firms publicized a securities class action covering investors who purchased Alphabet shares between May 19 and July 16, 2026. The lawsuit alleges Alphabet misrepresented delays and training problems involving the Gemini 3.5 Pro launch after a subsequent stock decline. The repeated notices increase headline, litigation and reputational risk, although they do not represent new findings of liability. Alphabet AI issues and subsequent stock drop trigger securities-fraud class action
• Negative Sentiment: Investor commentary also flagged heavy AI capital spending and the gap between operating cash flow and free cash flow, reinforcing concerns that data-center expansion could pressure near-term cash generation despite strong reported earnings.

About Alphabet

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.