Alphabet Inc. $GOOGL Shares Purchased by Ayalon Insurance Comp Ltd.

Key Points

• Ayalon Insurance increased its Alphabet stake by 26.6% in the third quarter, purchasing 4,700 additional shares. Its total 22,360-share position was valued at approximately $7.7 million.
• Several major institutional investors, including State Street, Amundi, and Mitsubishi UFJ Asset Management, also raised their Alphabet holdings; institutions and hedge funds collectively own 40.03% of the stock.
• Alphabet reported quarterly earnings and revenue well above expectations, while analysts maintained a consensus “Buy” rating with a $425.72 price target. Shares opened at $350.50, and the company pays a quarterly dividend of $0.22 per share.

Ayalon Insurance Comp Ltd. grew its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 26.6% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 22,360 shares of the information services provider's stock after acquiring an additional 4,700 shares during the quarter. Ayalon Insurance Comp Ltd.'s holdings in Alphabet were worth $7,694,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. State Street Corp raised its stake 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 valued at $85,403,303,000 after purchasing an additional 12,718,127 shares in the last quarter. Invesco Ltd. grew its stake in Alphabet by 0.5% during the fourth quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider's stock worth $14,208,470,000 after buying an additional 208,362 shares in the last quarter. Amundi increased its holdings in 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 buying an additional 1,457,371 shares during the period. Nuveen LLC increased its holdings in Alphabet by 1.7% in the 4th quarter. Nuveen LLC now owns 29,166,806 shares of the information services provider's stock valued at $9,129,210,000 after buying an additional 478,848 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Alphabet by 10.1% in the 2nd 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 buying an additional 1,631,721 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the company's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 441,399 shares of company stock worth $8,677,053. Insiders own 11.61% of the company's stock.

Analyst Ratings Changes

GOOGL has been the subject of several research reports. Zacks Research lowered shares of Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 11th. Barclays reiterated an "overweight" rating and issued a $425.00 price objective (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. DZ Bank upgraded Alphabet to a "strong-buy" rating in a research report on Thursday, July 23rd. Morgan Stanley set a $400.00 price objective on Alphabet and gave the company an "overweight" rating in a report on Thursday, July 23rd. Finally, Benchmark restated a "buy" rating on shares of Alphabet in a research report on Thursday, October 1st. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $425.72.

Alphabet Stock Up 0.8%

Shares of NASDAQ:GOOGL opened at $350.50 on Thursday. The stock has a market capitalization of $4.29 trillion, a P/E ratio of 17.60, a price-to-earnings-growth ratio of 1.01 and a beta of 1.21. The stock's 50-day moving average price is $345.69 and its 200-day moving average price is $348.83. 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 Inc. has a 12-month low of $235.84 and a 12-month high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. On average, equities analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were paid a dividend of $0.22 per share. 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 dividend payout ratio is 4.42%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major nuclear-power agreement supports AI expansion. Google signed long-term agreements with Constellation Energy covering approximately 3,590 megawatts of nuclear capacity, including 890 megawatts of additional output from upgraded reactors. The contracts help secure reliable electricity for data centers and demonstrate Alphabet’s commitment to scaling AI infrastructure. Financial terms were not disclosed. Google Signs Nuclear Deal With Constellation Energy
• Positive Sentiment: Google and Unity are launching AI-powered game-creation tools. The Playground platform will allow users to build playable games with natural-language prompts, while Unity Spark is expected to expand the tools into higher-fidelity 3D development. The initiative could broaden Google Play engagement, create new AI use cases, and strengthen Alphabet’s position in generative software. Google and Unity Team to Let Users Build Their Own Games
• Positive Sentiment: Analysts continue to see upside. Commentary points to Alphabet’s roughly 55% net margin, accelerating Google Cloud growth, resilient search advertising, and a valuation near 17 times earnings. Technical analysts also see the stock consolidating near a potential breakout, with consensus price targets above recent trading levels. Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
• Neutral Sentiment: AI infrastructure demand remains a broader opportunity and risk. Marvell’s aggressive custom-chip projections highlight continued hyperscaler spending, which could benefit Google Cloud and Alphabet’s AI ecosystem. However, the scale of required capital investment makes execution, power availability, and customer demand important variables for future returns. Marvell Technology’s $90 Billion Revenue Goal Puts AI Execution Under a Microscope
• Negative Sentiment: Legal overhang is increasing. Multiple law firms reminded investors of pending securities-fraud class actions alleging Alphabet misrepresented the progress of its Gemini AI models before a prior stock decline. Alphabet also faces a UK class action concerning Google Play Store fees. These cases could create financial, regulatory, and reputational costs, although the ultimate impact remains uncertain. Alphabet Investor Securities Class Action Deadline
• Negative Sentiment: Finland temporarily halted work on two Google data centers pending environmental-impact assessments. The pause may delay capacity additions and underscores permitting and infrastructure risks accompanying Alphabet’s rapid AI buildout. Google Ordered to Halt Work on Finland Data Centers

About Alphabet

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.