Alphabet Inc. $GOOGL Shares Acquired by Annex Advisory Services LLC

Annex Advisory Services LLC lifted its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 20.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 319,116 shares of the information services provider's stock after purchasing an additional 53,401 shares during the quarter. Alphabet accounts for about 1.8% of Annex Advisory Services LLC's investment portfolio, making the stock its 14th biggest holding. Annex Advisory Services LLC's holdings in Alphabet were worth $109,801,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. State Street Corp boosted its position in Alphabet by 5.6% in 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 purchasing an additional 12,718,127 shares during the last quarter. Diamant Asset Management Inc. increased its position in shares of Alphabet by 28,950.0% during the 1st quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider's stock valued at $2,671,986,000 after purchasing an additional 9,259,940 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Alphabet by 90.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider's stock valued at $4,900,078,000 after purchasing an additional 8,112,680 shares during the last quarter. Amundi increased its position in shares of Alphabet by 12.7% during 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 during the last quarter. Finally, Jupiter Topco LLC bought a new position in shares of Alphabet in the 2nd quarter worth approximately $1,058,385,000. 40.03% of the stock is owned by institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud’s 82% second-quarter growth remains the key catalyst. Investors expect another strong performance, potentially exceeding 100% revenue growth, as demand for AI computing capacity remains high. Google Cloud revenue outlook
• Positive Sentiment: Analysts and market commentators continue to highlight Alphabet’s AI advantages, including Gemini, internally developed tensor processing units (TPUs), strong cash generation and a lower valuation relative to some large technology peers. KeyCorp maintained an “overweight” rating despite lowering its price target to $410 from $435. Alphabet AI strategy
• Positive Sentiment: Google reported a major quantum-computing error-reduction breakthrough, while its carbon-removal and lower-carbon power initiatives could strengthen Alphabet’s long-term technology and infrastructure positioning. Quantum computing breakthrough
• Neutral Sentiment: Former Google CEO Eric Schmidt reportedly owns a 1% stake in Anthropic. The investment underscores the competitive AI landscape but does not directly change Alphabet’s financial results. Schmidt Anthropic stake
• Negative Sentiment: Investors remain concerned that a reported delay to Google’s next TPU could postpone revenue and profit benefits from Alphabet’s custom-chip strategy. Upcoming results will need to show that TPU demand is translating into meaningful earnings. Google TPU delay
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege Alphabet failed to disclose adverse information related to the delayed Gemini 3.5 Pro launch; the lead-plaintiff deadline is December 1, 2026. Alphabet shareholder lawsuit alert
• Negative Sentiment: The U.S. Supreme Court rejected Google’s challenge to a patent-agency review policy, leaving the company exposed to potentially less favorable patent-review procedures. Supreme Court patent ruling

Insider Buying and Selling

In related news, CAO Marsida Saraci sold 449 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 402,479 shares of company stock worth $7,946,534. 11.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

GOOGL has been the topic of a number of research reports. Evercore reissued an "outperform" rating and issued a $450.00 price objective on shares of Alphabet in a report on Wednesday, September 16th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research report on Thursday. Phillip Securities raised shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 27th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $425.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Alphabet in a research report on Monday, June 22nd. Five research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Alphabet has a consensus rating of "Buy" and a consensus target price of $426.04.

Alphabet Price Performance

NASDAQ GOOGL opened at $344.18 on Tuesday. The stock has a market cap of $4.21 trillion, a price-to-earnings ratio of 17.11, a PEG ratio of 0.99 and a beta of 1.21. Alphabet Inc. has a 12 month low of $244.15 and a 12 month high of $408.61. The company's 50 day moving average is $344.00 and its two-hundred day moving average is $352.27. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, research analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Announces Dividend

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

Alphabet Profile

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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