Alphabet Inc. $GOOGL Stock Purchased by Modera Wealth Management LLC

Key Points

• Modera Wealth Management increased its Alphabet stake by 2.1% in the third quarter, adding 1,910 shares to reach 92,682 shares valued at about $31.9 million.
• Analysts maintain a broadly positive view: Alphabet has a consensus “Buy” rating and a $412.51 average price target, although several firms recently lowered their targets.
• Alphabet’s latest quarterly results fell short of estimates, reporting $2.12 earnings per share versus $3.02 expected and revenue of $127.58 billion versus $127.96 billion forecast.

Modera Wealth Management LLC boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,682 shares of the information services provider's stock after purchasing an additional 1,910 shares during the period. Modera Wealth Management LLC's holdings in Alphabet were worth $31,890,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. EMC Capital Management purchased a new stake in Alphabet during the 2nd quarter valued at $35,000. Core Capital Management & Research inc. purchased a new position in shares of Alphabet in the 2nd quarter worth $41,000. Intelligent Financial Strategies purchased a new position in shares of Alphabet in the 3rd quarter worth $41,000. Premier Financial Group bought a new stake in shares of Alphabet in the second quarter worth $45,000. Finally, Van Den Berg Management I Inc. grew its holdings in shares of Alphabet by 319.6% in the first quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider's stock worth $61,000 after acquiring an additional 163 shares during the period. Institutional investors own 40.03% of the company's stock.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 83 shares of the firm's 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 transaction, the director owned 19,076 shares of the company's stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 247 shares of company stock valued at $79,238 over the last 90 days. 11.61% of the stock is owned by company insiders.

Analyst Ratings Changes

GOOGL has been the subject of a number of research reports. Tigress Financial reiterated a "strong-buy" rating and set a $485.00 price objective (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Royal Bank Of Canada dropped their target price on Alphabet from $425.00 to $400.00 and set an "outperform" rating on the stock in a research report on Thursday, October 29th. Barclays restated an "overweight" rating and set a $405.00 price target (down from $425.00) on shares of Alphabet in a research note on Thursday, October 29th. Freedom Capital raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $375.00 price objective (down from $400.00) on shares of Alphabet in a research note on Thursday, October 29th. Five 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. Based on data from MarketBeat, Alphabet presently has an average rating of "Buy" and a consensus price target of $412.51.

Alphabet News Roundup

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 Trading Up 0.8%

NASDAQ:GOOGL opened at $284.78 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The firm has a market capitalization of $3.48 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 Inc. has a one year low of $270.70 and a one year high of $408.61. The business has a fifty day moving average price of $332.93 and a 200-day moving average price 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 EPS for the quarter, missing analysts' consensus estimates of $3.02 by ($0.90). The company had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Sell-side analysts forecast that Alphabet Inc. will post 19.86 EPS for the current 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 given a $0.22 dividend. The ex-dividend date is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet's dividend payout ratio is presently 4.59%.

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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