Alphabet Inc. $GOOGL Stock Holdings Lifted by Kassira Wealth Management LLC

Key Points

• Kassira Wealth Management increased its Alphabet stake by 12.2% in the third quarter, adding 3,799 shares to reach 34,819 shares worth about $12 million. Alphabet is now 9.5% of the firm’s portfolio and its largest holding.
• Other institutional investors also adjusted or expanded their positions; hedge funds and other institutions collectively own 40.03% of Alphabet shares.
• Alphabet’s latest quarterly results missed expectations, with EPS of $2.12 versus $3.02 forecast and revenue of $127.58 billion versus $127.96 billion expected. Analysts nevertheless maintain a consensus Buy rating and a $412.51 average price target.

Kassira Wealth Management LLC lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 12.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,819 shares of the information services provider's stock after buying an additional 3,799 shares during the quarter. Alphabet makes up about 9.5% of Kassira Wealth Management LLC's holdings, making the stock its largest position. Kassira Wealth Management LLC's holdings in Alphabet were worth $11,981,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in GOOGL. MGO One Seven LLC grew its holdings in Alphabet by 2.2% during the 3rd quarter. MGO One Seven LLC now owns 201,254 shares of the information services provider's stock valued at $69,247,000 after buying an additional 4,237 shares during the last quarter. Sagace Wealth Management LLC acquired a new position in shares of Alphabet in the third quarter worth $574,000. Marin Bay Wealth Advisors LLC raised its holdings in shares of Alphabet by 8.1% in the third quarter. Marin Bay Wealth Advisors LLC now owns 8,722 shares of the information services provider's stock worth $3,001,000 after acquiring an additional 654 shares during the last quarter. Greatmark Investment Partners Inc. raised its holdings in shares of Alphabet by 1.6% in the third quarter. Greatmark Investment Partners Inc. now owns 12,768 shares of the information services provider's stock worth $4,393,000 after acquiring an additional 195 shares during the last quarter. Finally, Aprio Wealth Management LLC lifted its position in shares of Alphabet by 8.1% in the third quarter. Aprio Wealth Management LLC now owns 41,971 shares of the information services provider's stock valued at $14,441,000 after acquiring an additional 3,160 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

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

Alphabet Price Performance

GOOGL stock opened at $284.78 on Monday. Alphabet Inc. has a 52-week low of $270.70 and a 52-week high of $408.61. The stock's fifty day simple moving average is $332.93 and its 200-day simple moving average is $338.97. 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 stock has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 0.86 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts' consensus estimates of $3.02 by ($0.90). The business had revenue of $127.58 billion during 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%. Equities research analysts expect that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Dividend Announcement

The firm 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 dividend payout ratio (DPR) is presently 4.59%.

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director owned 19,076 shares in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders sold 247 shares of company stock valued at $79,238. 11.61% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Piper Sandler set a $345.00 price objective on Alphabet and gave the company an "overweight" rating in a research note on Thursday, October 29th. Moffett Nathanson set a $345.00 target price on shares of Alphabet in a research note on Thursday, October 29th. Rosenblatt Securities cut their target price on shares of Alphabet from $410.00 to $380.00 and set a "buy" rating for the company in a research note on Thursday, October 29th. Roth Capital restated a "buy" rating and issued a $440.00 target price (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, DA Davidson decreased their price target on shares of Alphabet from $350.00 to $300.00 and set a "neutral" rating on the stock in a research note on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus 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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