Alphabet Inc. $GOOGL Stock Acquired by Greenup Street Wealth Management LLC

Key Points

• Greenup Street Wealth Management increased its Alphabet stake by 6.4% in the third quarter, adding 2,751 shares to hold 45,599 shares worth about $15.69 million.
• Alphabet represented 1.9% of Greenup Street’s portfolio and was its 11th-largest holding; institutional investors collectively owned 40.03% of the company’s stock.
• Alphabet’s latest quarterly results fell short of expectations, reporting $2.12 earnings per share versus $3.02 expected and $127.58 billion in revenue versus $127.96 billion forecast. Analysts’ consensus rating remained “Buy,” with an average price target of $412.51.

Greenup Street Wealth Management LLC lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 6.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,599 shares of the information services provider's stock after purchasing an additional 2,751 shares during the period. Alphabet accounts for 1.9% of Greenup Street Wealth Management LLC's portfolio, making the stock its 11th largest holding. Greenup Street Wealth Management LLC's holdings in Alphabet were worth $15,690,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. EMC Capital Management acquired a new stake in shares of Alphabet during the 2nd quarter worth about $35,000. Core Capital Management & Research inc. bought a new stake in shares of Alphabet during the 2nd quarter worth approximately $41,000. Intelligent Financial Strategies bought a new stake in Alphabet during the third quarter worth $41,000. Premier Financial Group bought a new position in Alphabet in the second quarter valued at about $45,000. Finally, Graney & King LLC grew its holdings in shares of Alphabet by 38.5% during the 2nd quarter. Graney & King LLC now owns 180 shares of the information services provider's stock valued at $64,000 after purchasing an additional 50 shares during the last quarter. Institutional investors own 40.03% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 83 shares of the company's stock in a transaction on 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 sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have sold 247 shares of company stock valued at $79,238 over the last quarter. 11.61% of the stock is owned by insiders.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $284.78 on Friday. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. Alphabet Inc. has a twelve month low of $270.70 and a twelve month high of $408.61. The firm has a market capitalization of $3.48 trillion, a P/E ratio of 14.86, a P/E/G ratio of 0.86 and a beta of 1.23. The stock's 50-day simple moving average is $332.93 and its two-hundred day simple moving average is $338.97.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $127.58 billion for the quarter, compared to analysts' expectations of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. As a group, equities analysts anticipate that Alphabet Inc. will post 19.86 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be paid 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 is Monday, December 7th. Alphabet's payout ratio is 4.59%.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of research reports. Truist Financial lowered their target price on Alphabet from $420.00 to $410.00 and set a "buy" rating on the stock in a research report on Thursday, October 29th. Citizens Jmp lowered Alphabet from a "market outperform" rating to a "hold" rating in a report on Thursday, October 29th. Tigress Financial reissued a "strong-buy" rating and issued a $485.00 price target (up from $415.00) on shares of Alphabet in a report on Thursday, September 17th. Phillip Securities raised shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 27th. Finally, Barclays reiterated an "overweight" rating and issued a $405.00 price objective (down from $425.00) on shares of Alphabet in a research note on Thursday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of "Buy" and an average target price of $412.51.

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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