Alphabet Inc. $GOOG Shares Purchased by Align Financial LLC

Align Financial LLC lifted its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 751.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,364 shares of the information services provider's stock after buying an additional 11,794 shares during the quarter. Alphabet makes up about 2.2% of Align Financial LLC's holdings, making the stock its 11th biggest holding. Align Financial LLC's holdings in Alphabet were worth $4,554,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of GOOG. AlphaStar Capital Management LLC increased its position in Alphabet by 11.7% during the third quarter. AlphaStar Capital Management LLC now owns 16,998 shares of the information services provider's stock valued at $5,792,000 after acquiring an additional 1,775 shares during the last quarter. CWS Financial Advisors LLC raised its stake in shares of Alphabet by 6.2% in the third quarter. CWS Financial Advisors LLC now owns 3,057 shares of the information services provider's stock worth $1,042,000 after buying an additional 179 shares during the period. Fulcrum Wealth Advisors LLC raised its stake in shares of Alphabet by 6.0% in the third quarter. Fulcrum Wealth Advisors LLC now owns 11,053 shares of the information services provider's stock worth $3,766,000 after buying an additional 622 shares during the period. Cravens & Co Advisors LLC lifted its position in shares of Alphabet by 4.7% during the 3rd quarter. Cravens & Co Advisors LLC now owns 6,017 shares of the information services provider's stock valued at $2,050,000 after buying an additional 270 shares in the last quarter. Finally, Sterling Investment Management LLC lifted its position in shares of Alphabet by 2.1% during the 3rd quarter. Sterling Investment Management LLC now owns 17,041 shares of the information services provider's stock valued at $5,807,000 after buying an additional 354 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Up 1.0%

Shares of GOOG opened at $340.16 on Tuesday. The stock has a market capitalization of $4.16 trillion, a price-to-earnings ratio of 17.08, a price-to-earnings-growth ratio of 0.98 and a beta of 1.19. Alphabet Inc. has a 1 year low of $244.67 and a 1 year high of $404.47. The business's 50 day simple moving average is $340.77 and its 200-day simple moving average is $349.71. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, beating analysts' consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm's revenue for the quarter was up 24.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.31 EPS. As a group, equities analysts expect that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet's dividend payout ratio is currently 4.42%.

Analysts Set New Price Targets

Several research firms recently issued reports on GOOG. Roth Capital increased their target price on Alphabet from $435.00 to $440.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Jefferies Financial Group reissued a "buy" rating on shares of Alphabet in a report on Monday, August 3rd. Canaccord Genuity Group set a $450.00 price target on Alphabet in a research note on Thursday, July 23rd. Barclays restated an "overweight" rating and issued a $425.00 price target (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Wedbush initiated coverage on shares of Alphabet in a report on Thursday, July 16th. They set an "outperform" rating and a $445.00 price objective for the company. Six analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and an average price target of $421.48.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud and AI remain the main catalysts. Google Cloud grew 82% in the second quarter, and analysts expect continued acceleration, potentially including more than 100% growth in the third quarter. Investors are looking for evidence that rising demand for Gemini, cloud capacity and Tensor Processing Unit (TPU) chips is translating into profits. Alphabet Stock Slipped After Q2 Earnings. Here's What Investors Need to See in Q3.
• Positive Sentiment: Expanded enterprise AI partnerships broaden Google’s commercial reach. Google Cloud announced expanded agentic-AI collaborations with Cognizant and Accenture, including Gemini programs for U.S. federal agencies. These agreements could support adoption of Google’s AI platform and cloud services. Cognizant and Google Cloud Expand Alliance to Accelerate Agentic Enterprise Transformation
• Positive Sentiment: Analysts see substantial upside from custom AI chips. One estimate suggests Alphabet’s TPU business could generate as much as $104 billion in sales by 2028. Alphabet’s strong balance sheet, resilient Search and fast-growing Cloud business remain longer-term positives. 1 Analyst Thinks Alphabet Stock Could Jump 20% on AI Chip Demand. Is He Right?
• Neutral Sentiment: Investors are awaiting a demanding earnings test. Alphabet previously delivered a major revenue and EPS beat, but the stock weakened afterward. The next report must demonstrate that cloud growth and TPU demand can offset concerns about sharply higher capital expenditures and potentially negative free cash flow.
• Neutral Sentiment: AI infrastructure constraints remain a mixed factor. Reported delays to a next-generation TPU appear manageable for custom-chip partners, but could postpone some capacity and revenue. Data-center power and permitting challenges may also raise costs even as demand remains strong. Marvell Jumps 6% as GF Securities Says Google Chip Delay Won't Dent Its Position
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action. The complaint covers investors who bought Alphabet securities from May 19 through July 16, 2026, and alleges that the company failed to disclose material information, including potential delays to Gemini 3.5 Pro. The lead-plaintiff deadline is December 1, 2026; the allegations have not been proven. Deadline Alert: Alphabet Inc. Investors Have Until December 1, 2026 to Seek Lead Plaintiff Role
• Negative Sentiment: The Supreme Court rejected Google’s challenge to a U.S. patent-agency review policy, representing a legal setback that could increase uncertainty around intellectual-property disputes. Supreme Court rejects Google challenge to US patent agency review policy

Insider Buying and Selling at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction that occurred 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. Insiders sold a total of 402,479 shares of company stock valued at $7,946,534 in the last ninety days. Corporate insiders own 12.99% of the company's stock.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google's principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.

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