Alphabet Inc. $GOOGL Shares Purchased by Koa Wealth Management LLC

Key Points

• Koa Wealth Management increased its Alphabet stake by 5.5% during the third quarter, bringing its holdings to 33,482 shares valued at approximately $11.52 million. Alphabet represents 7.8% of the firm’s portfolio, while institutional investors collectively own 40.03% of the stock.
• Alphabet’s latest quarterly results exceeded expectations, with EPS of $9.11 versus the $2.89 consensus and revenue of $119.8 billion. The company also pays a quarterly dividend of $0.22 per share, equivalent to a 0.3% yield.
• Analysts maintain a consensus “Buy” rating with an average price target of $425.74, compared with a recent share price of $347.64. However, insiders have sold 441,399 shares worth approximately $8.68 million over the past 90 days.

Koa Wealth Management LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,482 shares of the information services provider's stock after buying an additional 1,741 shares during the quarter. Alphabet comprises approximately 7.8% of Koa Wealth Management LLC's investment portfolio, making the stock its 3rd largest holding. Koa Wealth Management LLC's holdings in Alphabet were worth $11,520,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet in the fourth quarter valued at approximately $32,000. EMC Capital Management bought a new position in shares of Alphabet in the fourth quarter valued at approximately $33,000. Core Capital Management & Research inc. bought a new position in Alphabet in the 2nd quarter valued at $41,000. Premier Financial Group purchased a new stake in shares of Alphabet during the 2nd quarter valued at $45,000. Finally, Van Den Berg Management I Inc. increased its holdings in Alphabet by 319.6% during the first quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider's stock worth $61,000 after buying an additional 163 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock.

Alphabet Stock Down 1.7%

GOOGL stock opened at $347.64 on Thursday. The business's 50 day moving average price is $344.71 and its two-hundred day moving average price is $350.87. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company has a market capitalization of $4.25 trillion, a price-to-earnings ratio of 17.46, a price-to-earnings-growth ratio of 1.02 and a beta of 1.21. Alphabet Inc. has a fifty-two week low of $244.15 and a fifty-two week high of $408.61.

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, beating analysts' consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, analysts forecast that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on GOOGL shares. Pivotal Research restated a "buy" rating and issued a $475.00 target price (up from $470.00) on shares of Alphabet in a research note on Thursday, July 23rd. Royal Bank Of Canada reissued an "outperform" rating and set a $425.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Wall Street Zen lowered shares of Alphabet from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. DA Davidson set a $350.00 price target on shares of Alphabet and gave the company a "neutral" rating in a report on Thursday, July 23rd. Finally, Jefferies Financial Group restated a "buy" rating on shares of Alphabet in a research report on Monday, June 22nd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of "Buy" and a consensus target price of $425.74.

More Alphabet News

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.

Insider Buying and Selling at Alphabet

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 441,399 shares of company stock valued at $8,677,053. 11.61% of the stock is owned by company insiders.

Alphabet 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.

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