Alphabet Inc. $GOOGL Shares Bought by Q Fund Management Hong Kong Ltd

Key Points

• Q Fund Management Hong Kong Ltd increased its Alphabet stake by 13,435% in the third quarter, purchasing 26,870 additional shares to hold 27,070 shares worth approximately $9.3 million.
• Alphabet remains widely owned by institutions, which held 40.03% of outstanding shares; major holders including State Street, Amundi and Mitsubishi UFJ also increased their positions.
• Analysts maintain a favorable outlook, with the stock carrying a consensus “Buy” rating and an average price target of $425.74 versus its reported price of $347.64. Alphabet also exceeded quarterly earnings and revenue expectations.

Q Fund Management Hong Kong Ltd grew its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 13,435.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,070 shares of the information services provider's stock after purchasing an additional 26,870 shares during the quarter. Alphabet comprises approximately 8.4% of Q Fund Management Hong Kong Ltd's investment portfolio, making the stock its 4th biggest position. Q Fund Management Hong Kong Ltd's holdings in Alphabet were worth $9,314,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. State Street Corp raised its holdings in Alphabet by 5.6% in the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock valued at $85,403,303,000 after acquiring an additional 12,718,127 shares in the last quarter. Invesco Ltd. increased its position in Alphabet by 0.5% during the 4th quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider's stock worth $14,208,470,000 after purchasing an additional 208,362 shares in the last quarter. Amundi lifted its stake in shares of Alphabet by 4.6% in the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider's stock valued at $11,865,809,000 after acquiring an additional 1,457,371 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Alphabet by 10.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider's stock valued at $6,334,186,000 after purchasing an additional 1,631,721 shares during the last quarter. Finally, Swiss National Bank increased its stake in shares of Alphabet by 7.1% in the first quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider's stock valued at $4,911,467,000 after buying an additional 1,139,400 shares during the period. 40.03% of the stock is owned by institutional investors.

Alphabet Stock Performance

Shares of Alphabet stock opened at $347.64 on Thursday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average price of $344.71 and a 200-day moving average price of $350.87. Alphabet Inc. has a 52 week low of $244.15 and a 52 week high of $408.61. The company has a market cap 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 (NASDAQ:GOOGL - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Equities analysts anticipate that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Insiders Place Their Bets

In related news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company's 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. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer directly owned 27,386 shares of the company's stock, valued at $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 441,399 shares of company stock valued at $8,677,053 over the last ninety days. 11.61% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on GOOGL shares. Needham & Company LLC reiterated a "buy" rating and set a $450.00 price target on shares of Alphabet in a report on Thursday, October 8th. Truist Financial set a $420.00 price objective on Alphabet and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Cantor Fitzgerald reiterated an "overweight" rating and set a $420.00 price objective on shares of Alphabet in a research report on Monday. Wells Fargo & Company reaffirmed an "overweight" rating and set a $417.00 price target (up from $411.00) on shares of Alphabet in a research report on Tuesday, October 6th. Finally, BMO Capital Markets set a $465.00 price objective on Alphabet and gave the stock an "outperform" rating in a research report on Thursday, July 23rd. 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. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $425.74.

Alphabet News Summary

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.

Alphabet Company Profile

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.

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.