Alphabet Inc. $GOOGL Stock Bought by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its Alphabet stake by 8.1% in the third quarter, acquiring 24,731 additional shares to hold 331,413 shares valued at approximately $114 million. Institutional investors collectively own 40.03% of Alphabet.
• Alphabet reported strong quarterly results, with $119.8 billion in revenue and $9.11 in EPS, substantially exceeding analyst estimates. Analysts maintain a consensus “Buy” rating with an average price target of $425.72.
• The company’s growth prospects are supported by enterprise AI, Waymo’s $5 billion expansion loan and potential funding for Isomorphic Labs, though legal claims, data-center delays and concerns over AI spending remain risks.

Farther Finance Advisors LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 331,413 shares of the information services provider's stock after purchasing an additional 24,731 shares during the period. Alphabet comprises 0.8% of Farther Finance Advisors LLC's holdings, making the stock its 20th largest position. Farther Finance Advisors LLC's holdings in Alphabet were worth $114,032,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in GOOGL. PFG Investments LLC lifted its stake in shares of Alphabet by 2.6% during the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider's stock valued at $25,679,000 after buying an additional 2,269 shares in the last quarter. Elefante Mark B boosted its holdings in Alphabet by 4.5% in the 2nd quarter. Elefante Mark B now owns 43,733 shares of the information services provider's stock worth $15,629,000 after buying an additional 1,897 shares during the period. Nwam LLC grew its stake in Alphabet by 19.6% in the 1st quarter. Nwam LLC now owns 49,128 shares of the information services provider's stock valued at $14,127,000 after buying an additional 8,055 shares in the last quarter. WCM Investment Management LLC raised its holdings in Alphabet by 287.4% during the 1st quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider's stock valued at $1,063,000 after acquiring an additional 2,883 shares during the period. Finally, 71 West Capital Partners bought a new stake in Alphabet during the 4th quarter valued at $33,845,000. Institutional investors own 40.03% of the company's stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced an agentic version of Gemini for business users. The unified agent is designed to perform tasks across workplace applications, strengthening Alphabet’s position in enterprise AI and intensifying competition with Microsoft and OpenAI. Google brings agentic AI to Gemini
• Positive Sentiment: Alphabet’s Waymo autonomous-vehicle unit secured a $5 billion loan from Blackstone, PIMCO and Sixth Street, providing financing for robotaxi expansion without requiring Alphabet to fund the entire rollout directly. Waymo secures $5 billion loan
• Positive Sentiment: Isomorphic Labs, Alphabet’s AI drug-discovery subsidiary, is reportedly discussing a funding round valuing the business between $40 billion and $50 billion. A successful financing could highlight the value of Alphabet’s AI portfolio beyond search and advertising. Isomorphic Labs funding talks
• Positive Sentiment: Analyst sentiment remains strongly bullish: Needham reaffirmed a Buy rating with a $450 price target, while other reports cited broad upside expectations based on Alphabet’s earnings power, cloud growth and AI opportunities.
• Neutral Sentiment: Alphabet and Unity expanded their AI gaming partnership, including tools that let users create games through natural-language prompts. The initiative could broaden Google Play engagement, although monetization and adoption remain unproven. Google and Unity gaming partnership
• Negative Sentiment: Multiple law firms publicized an existing securities class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege that management failed to disclose issues related to the expected Gemini 3.5 Pro launch and training results. These are allegations, not findings of liability, but the repeated alerts add legal and reputational overhang. Alphabet securities class action announcement
• Negative Sentiment: Google was ordered to halt work on two Finnish data centers pending environmental-impact assessments, potentially delaying infrastructure expansion. Commentary also questioned whether Alphabet is converting heavy AI capital spending into sufficient revenue and criticized its progress in AI coding.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on GOOGL shares. UBS Group dropped their target price on Alphabet from $400.00 to $379.00 and set a "neutral" rating on the stock in a research report on Thursday, July 23rd. Citizens Jmp reiterated a "market outperform" rating and set a $515.00 price objective on shares of Alphabet in a research note on Wednesday, July 22nd. Benchmark reissued a "buy" rating on shares of Alphabet in a report on Thursday, October 1st. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research note on Friday, July 17th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $410.00 target price on shares of Alphabet in a report on Thursday, September 3rd. Five analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $425.72.

Insider Activity

In other news, CAO Marsida Saraci sold 449 shares of the business's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 441,399 shares of company stock worth $8,677,053. 11.61% of the stock is currently owned by insiders.

Alphabet Trading Down 0.6%

Shares of GOOGL stock opened at $348.29 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 52-week low of $235.84 and a 52-week high of $408.61. The company has a market capitalization of $4.26 trillion, a PE ratio of 17.49, a price-to-earnings-growth ratio of 1.01 and a beta of 1.21. The business's fifty day moving average is $345.99 and its 200 day moving average is $349.17.

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

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were given 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 was Friday, September 4th. Alphabet's dividend payout ratio (DPR) is 4.42%.

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.

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL - Free Report).

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.