3,965 Alphabet Inc. $GOOGL Shares Bought by Watershed Private Wealth LLC

Key Points

• Watershed Private Wealth increased its Alphabet stake by 300.6% in the third quarter, buying 3,965 shares and ending the quarter with 5,284 shares valued at about $1.82 million.
• Alphabet has a consensus analyst rating of Buy and an average price target of $412.51, based on 55 ratings; institutional investors collectively own 40.03% of its shares.
• In its latest quarterly results, Alphabet reported earnings per share of $2.12, below the $3.02 consensus estimate, while revenue of $127.58 billion also narrowly missed forecasts.

Watershed Private Wealth LLC lifted its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 300.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,284 shares of the information services provider's stock after purchasing an additional 3,965 shares during the quarter. Watershed Private Wealth LLC's holdings in Alphabet were worth $1,818,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp raised its stake in shares of Alphabet by 5.6% during the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock worth $85,403,303,000 after acquiring an additional 12,718,127 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Alphabet by 90.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider's stock worth $4,900,078,000 after acquiring an additional 8,112,680 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Alphabet in the 3rd quarter valued at $1,612,704,000. Amundi boosted its stake in shares of Alphabet by 12.7% in the 1st quarter. Amundi now owns 31,745,979 shares of the information services provider's stock valued at $9,128,850,000 after purchasing an additional 3,574,810 shares in the last quarter. Finally, Jupiter Topco LLC purchased a new stake in shares of Alphabet in the 2nd quarter valued at $1,058,385,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director owned 19,076 shares of the company's stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 247 shares of company stock valued at $79,238. Company insiders own 11.61% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on GOOGL shares. UBS Group set a $332.00 price target on shares of Alphabet and gave the stock a "neutral" rating in a research note on Thursday, October 29th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research report on Thursday, October 15th. Morgan Stanley reaffirmed an "overweight" rating and set a $375.00 price objective (down from $400.00) on shares of Alphabet in a research note on Thursday, October 29th. Needham & Company LLC reiterated a "buy" rating and issued a $450.00 price objective on shares of Alphabet in a report on Thursday, October 29th. Finally, Piper Sandler set a $345.00 price objective on Alphabet and gave the stock an "overweight" 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's stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of "Buy" and a consensus price target of $412.51.

Alphabet News Roundup

These are some of the GOOGL news items that stood out recently:

• Positive Sentiment: Alphabet unveiled two new AI-focused TPU systems, broadening its in-house chip lineup and potentially reducing reliance on outside suppliers. The push could strengthen Google Cloud’s competitiveness, though investors are weighing the investment required against returns. Article: Alphabet Escalates AI Chip Rivalry With NVIDIA
• Positive Sentiment: Google’s Gemini 4 Carbon scored near the top in an accounting AI benchmark, with Gemini 4 Argon ranking first. Strong results may support adoption of Google’s AI tools by businesses. Article: Google Now Has Two of the Top AI Models for Accounting Work
• Negative Sentiment: Several law firms publicized a pending securities class action alleging investor harm during May–July 2026, with a lead-plaintiff deadline approaching. The notices add legal and reputational uncertainty, though they are not findings of wrongdoing. Article: Kaplan Fox Reminds Alphabet Investors of Class Action Deadline

Alphabet Stock Performance

Shares of GOOGL stock opened at $293.45 on Thursday. The stock has a fifty day moving average of $329.89 and a 200 day moving average of $338.38. Alphabet Inc. has a 52 week low of $270.70 and a 52 week high of $408.61. The firm has a market capitalization of $3.61 trillion, a price-to-earnings ratio of 15.32, a PEG ratio of 0.87 and a beta of 1.23. 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:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.90). The company had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. As a group, research analysts expect that Alphabet Inc. will post 19.81 earnings per share for the current year.

Alphabet Dividend Announcement

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

Alphabet Profile

Alphabet Inc. is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015. Google's products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

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