Alphabet Inc. $GOOGL Shares Newly Bought by Corecam AG

Key Points

• Corecam AG initiated a position in Alphabet, buying 4,713 shares worth about $1.62 million in the third quarter. The shares represent 1.5% of its portfolio and are its 23rd-largest holding.
• Alphabet’s latest quarterly results fell short of estimates: earnings were $2.12 per share versus $3.02 expected, while revenue of $127.58 billion was slightly below forecasts.
• Analysts remain broadly positive, with a consensus Buy rating and a $412.51 average price target, despite some recent rating and target cuts.

Corecam AG purchased a new position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,713 shares of the information services provider's stock, valued at approximately $1,622,000. Alphabet makes up about 1.5% of Corecam AG's holdings, making the stock its 23rd biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of GOOGL. EMC Capital Management purchased a new stake in shares of Alphabet in the second quarter worth $35,000. Core Capital Management & Research inc. purchased a new position in Alphabet during the second quarter worth about $41,000. Intelligent Financial Strategies purchased a new position in Alphabet during the third quarter worth about $41,000. Premier Financial Group purchased a new position in Alphabet during the second quarter worth about $45,000. Finally, Van Den Berg Management I Inc. increased its stake in Alphabet by 319.6% in the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider's stock worth $61,000 after acquiring an additional 163 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units, broadening its AI-chip offerings and sharpening its challenge to Nvidia. Investors may see custom chips as a way to support Google Cloud growth and reduce reliance on outside suppliers. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Neutral Sentiment: JPMorgan removed Alphabet from its Analyst Focus List but maintained an Overweight rating. The firm cited slower AI-search monetization and substantial infrastructure spending, highlighting execution risks without changing its overall positive rating. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened a new investigation into Waymo after reports that its robotaxis continued to pass stopped school buses despite a prior software fix. The probe could bring regulatory, reputational or operational costs for Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say
• Negative Sentiment: Several law firms publicized an existing securities class action concerning Alphabet investors who bought shares from May 19 to July 16, 2026. The lawsuit alleges investors were misled about the Gemini 3.5 Pro launch timeline; the lead-plaintiff deadlines are November 30 or December 1. Repeated notices may add legal overhang, though they are not new court findings. Alphabet Deadline Alert: Levi & Korsinsky Reminds Investors of Securities Class Action Deadline

Insider Activity

In related 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 completion of the transaction, the director directly owned 19,076 shares of the company's stock, valued at $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 is available at this hyperlink. In the last three months, insiders have sold 247 shares of company stock valued at $79,238. 11.61% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Susquehanna decreased their price objective on shares of Alphabet from $460.00 to $400.00 and set a "positive" rating on the stock in a research report on Thursday, October 29th. Citizens Jmp cut shares of Alphabet from a "market outperform" rating to a "hold" rating in a research note on Thursday, October 29th. Citigroup decreased their price target on shares of Alphabet from $447.00 to $375.00 and set a "buy" rating on the stock in a report on Friday, October 30th. Royal Bank Of Canada lowered their price objective on shares of Alphabet from $425.00 to $400.00 and set an "outperform" rating on the stock in a research report on Thursday, October 29th. Finally, Zacks Research downgraded shares of Alphabet from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 11th. Five investment analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet currently has an average rating of "Buy" and a consensus target price of $412.51.

Alphabet Trading Up 1.2%

GOOGL opened at $288.15 on Tuesday. The stock has a market cap of $3.52 trillion, a PE ratio of 15.04, 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. The business has a 50 day moving average of $331.76 and a 200-day moving average of $338.77. Alphabet Inc. has a 52 week low of $270.70 and a 52 week high of $408.61.

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 firm had revenue of $127.58 billion for 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%. Equities research analysts predict that Alphabet Inc. will post 19.86 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet's dividend payout ratio is currently 4.59%.

Alphabet Company 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.

Alphabet serves consumers, businesses and organizations around the world.

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