1,893 Alphabet Inc. $GOOGL Shares Acquired by MADDEN SECURITIES Corp

Key Points

• MADDEN SECURITIES increased its Alphabet stake by 30.1%, buying 1,893 shares in the third quarter and bringing its holding to 8,179 shares, valued at about $2.81 million.
• Alphabet reported quarterly EPS of $2.12, below analysts’ $3.02 consensus, while revenue of $127.58 billion also came in slightly below expectations of $127.96 billion.
• Analysts’ consensus rating remains Buy, with an average price target of $412.51; Alphabet also declared a quarterly dividend of $0.22 per share.

MADDEN SECURITIES Corp boosted its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 30.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 8,179 shares of the information services provider's stock after purchasing an additional 1,893 shares during the period. MADDEN SECURITIES Corp's holdings in Alphabet were worth $2,814,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOOGL. EMC Capital Management bought a new position in shares of Alphabet in the second quarter valued at approximately $35,000. Core Capital Management & Research inc. purchased a new stake in shares of Alphabet during the second quarter valued at approximately $41,000. Intelligent Financial Strategies purchased a new stake in shares of Alphabet during the third quarter valued at approximately $41,000. Premier Financial Group purchased a new stake in shares of Alphabet during the second quarter valued at approximately $45,000. Finally, Graney & King LLC lifted its holdings in Alphabet by 38.5% during the second quarter. Graney & King LLC now owns 180 shares of the information services provider's stock worth $64,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 40.03% of the company's stock.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $288.93 on Thursday. The stock has a fifty day simple moving average of $335.23 and a two-hundred day simple moving average of $339.39. Alphabet Inc. has a 1-year low of $270.70 and a 1-year high of $408.61. The firm has a market cap of $3.53 trillion, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of 0.84 and a beta of 1.23. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.02 by ($0.90). The firm had revenue of $127.58 billion during the quarter, compared to analysts' expectations of $127.96 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Analysts anticipate that Alphabet Inc. will post 19.86 earnings per share for the current year.

Alphabet Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Royal Bank Of Canada cut their price objective on Alphabet from $425.00 to $400.00 and set an "outperform" rating on the stock in a research report on Thursday, October 29th. Morgan Stanley reaffirmed an "overweight" rating and set a $375.00 target price (down from $400.00) on shares of Alphabet in a research report on Thursday, October 29th. BMO Capital Markets reaffirmed an "outperform" rating and set a $480.00 target price (up from $465.00) on shares of Alphabet in a research report on Tuesday, October 20th. Guggenheim reiterated a "buy" rating and set a $450.00 target price on shares of Alphabet in a research note on Thursday, October 29th. Finally, UBS Group set a $332.00 price target on shares of Alphabet and gave the stock a "neutral" rating in a report on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $412.51.

Insiders Place Their Bets

In related news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction dated 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 sale, the director 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 247 shares of company stock valued at $79,238. Company insiders own 11.61% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Election results were cited as a catalyst for the stock’s advance. The outcome also raises questions about possible data-center restrictions, so the longer-term policy impact is not yet clear. Why Alphabet Stock Popped on Wednesday
• Positive Sentiment: AI demand remains a growth opportunity: Alphabet’s earnings-call coverage highlighted strong cloud demand and TPU sales, while Anthropic’s reported commitment to spend with Google could support future infrastructure demand. GOOGL Q3 Earnings Call Highlights AI Growth and Spending Pressures
• Neutral Sentiment: Google plans to invest $15 billion in Malaysia over 2027–28 to expand data-center and digital infrastructure. This could build capacity for AI and cloud growth, but adds to already elevated investment needs. Google to Invest $15 Billion in Malaysia Over Two Years
• Neutral Sentiment: OpenAI says ChatGPT’s search volume is about one-fifth of Google’s. The comparison has been questioned for lacking a clear baseline, but it underscores the competitive risk to Search. OpenAI Says ChatGPT’s Search Volume Is Now a Fifth of Google’s
• Negative Sentiment: Spending pressure remains a key concern: reports say free cash flow fell below expectations as Alphabet invests heavily in AI infrastructure, and the supplied earnings figures show quarterly EPS missed the consensus estimate. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
• Negative Sentiment: Google is facing backlash over school accounts that link access to Search with access to AI features, creating reputational and potential policy risk. Separately, law firms are publicizing a securities class action alleging misrepresentations about Gemini development; the claims are allegations, not findings. Google Faces Backlash Over School Search Policy

About Alphabet

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.

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