Alphabet Inc. $GOOGL Stock: MGO One Seven LLC Raises Position

Key Points

• MGO One Seven LLC increased its Alphabet stake 2.2% in the third quarter, adding 4,237 shares to hold 201,254 shares valued at about $69.2 million.
• Analysts remain broadly positive, with a consensus Buy rating and an average $412.51 price target. Alphabet’s latest quarterly earnings nevertheless missed consensus EPS estimates, reporting $2.12 per share versus $3.02 expected.
• Alphabet is expanding AI infrastructure, including acquiring a Wyoming data-center site and investing up to $125 million in a Wing drone-manufacturing facility. Investors also face concerns over AI spending, regulation and legal risks.

MGO One Seven LLC raised its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 201,254 shares of the information services provider's stock after purchasing an additional 4,237 shares during the quarter. Alphabet makes up approximately 1.1% of MGO One Seven LLC's holdings, making the stock its 7th biggest position. MGO One Seven LLC's holdings in Alphabet were worth $69,247,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Sagace Wealth Management LLC bought a new position in Alphabet during the third quarter valued at about $574,000. Marin Bay Wealth Advisors LLC increased its holdings in shares of Alphabet by 8.1% during the 3rd quarter. Marin Bay Wealth Advisors LLC now owns 8,722 shares of the information services provider's stock valued at $3,001,000 after acquiring an additional 654 shares during the last quarter. Greatmark Investment Partners Inc. increased its holdings in shares of Alphabet by 1.6% during the 3rd quarter. Greatmark Investment Partners Inc. now owns 12,768 shares of the information services provider's stock valued at $4,393,000 after acquiring an additional 195 shares during the last quarter. Aprio Wealth Management LLC increased its holdings in shares of Alphabet by 8.1% during the 3rd 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 during the last quarter. Finally, Kurv Investment Management LLC raised its stake in shares of Alphabet by 7.1% in the 3rd quarter. Kurv Investment Management LLC now owns 45,374 shares of the information services provider's stock valued at $15,612,000 after acquiring an additional 3,001 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Alphabet from $420.00 to $425.00 and gave the stock an "overweight" rating in a report on Thursday, October 15th. Piper Sandler set a $345.00 price target on Alphabet and gave the company an "overweight" rating in a report on Thursday, October 29th. Yorkville Ives started coverage on shares of Alphabet in a research report on Monday, October 5th. They issued an "outperform" rating and a $400.00 price target on the stock. Guggenheim reissued a "buy" rating and issued a $450.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Finally, Wedbush reduced their price objective on shares of Alphabet from $445.00 to $387.00 and set an "outperform" rating for the company in a research note on Thursday, October 29th. Five research 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 company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $412.51.

Insider Activity at Alphabet

In other news, 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 value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares of the company's stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 247 shares of company stock worth $79,238 in the last three months. 11.61% of the stock is owned by insiders.

Key Headlines Impacting Alphabet

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

NASDAQ GOOGL opened at $284.78 on Monday. Alphabet Inc. has a twelve month low of $270.70 and a twelve month high of $408.61. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The stock has a market capitalization of $3.50 trillion, a PE ratio of 14.86, a P/E/G ratio of 0.86 and a beta of 1.23. The stock has a 50-day simple moving average of $332.93 and a 200 day simple moving average of $338.97.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its earnings results 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 business had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. Research analysts anticipate 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. Stockholders of record on Monday, December 7th will be issued a dividend of $0.22 per share. The ex-dividend date is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet's payout ratio is 4.59%.

About Alphabet

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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