Collaborative Fund Advisors LLC Purchases 3,220 Shares of Alphabet Inc. $GOOGL

Key Points

• Collaborative Fund Advisors increased its Alphabet stake by 21.7% in the third quarter, buying 3,220 shares to hold 18,064 shares worth about $6.2 million.
• Analysts maintain a broadly positive outlook: Alphabet has a consensus Buy rating and an average price target of $412.51, despite several analysts lowering their targets.
• Alphabet’s latest quarterly results fell short of estimates, reporting earnings of $2.12 per share versus $3.02 expected and revenue of $127.58 billion versus $127.96 billion expected.

Collaborative Fund Advisors LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 21.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,064 shares of the information services provider's stock after buying an additional 3,220 shares during the quarter. Alphabet comprises 3.4% of Collaborative Fund Advisors LLC's portfolio, making the stock its 4th largest holding. Collaborative Fund Advisors LLC's holdings in Alphabet were worth $6,215,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Strategic Wealth Advisors LLC lifted its holdings in Alphabet by 6.0% in the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider's stock worth $137,000 after purchasing an additional 27 shares during the period. Rockbridge Investment Management LCC grew its position in Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider's stock valued at $1,570,000 after buying an additional 27 shares in the last quarter. Ruggaard & Associates LLC increased its stake in Alphabet by 0.9% during the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider's stock valued at $840,000 after buying an additional 27 shares during the period. Cadia Private Client LLC increased its stake in Alphabet by 1.1% during the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider's stock valued at $744,000 after buying an additional 28 shares during the period. Finally, Evansbrook LLC increased its stake in Alphabet by 0.3% during the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider's stock valued at $2,738,000 after buying an additional 28 shares during the period. Institutional investors own 40.03% of the company's stock.

Insider Buying and Selling

In other news, Director Frances Arnold sold 83 shares of the company's stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders sold 247 shares of company stock valued at $79,238. Insiders own 11.61% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on GOOGL shares. Needham & Company LLC reiterated a "buy" rating and issued a $450.00 price objective on shares of Alphabet in a report on Thursday, October 29th. KeyCorp lowered their price objective on shares of Alphabet from $410.00 to $385.00 and set an "overweight" rating on the stock in a research note on Thursday, October 29th. Morgan Stanley reissued an "overweight" rating and set a $375.00 target price (down from $400.00) on shares of Alphabet in a report on Thursday, October 29th. Truist Financial cut their target price on Alphabet from $420.00 to $410.00 and set a "buy" rating for the company in a research report on Thursday, October 29th. Finally, Moffett Nathanson set a $345.00 target price on Alphabet in a research report on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $412.51.

Key Headlines Impacting Alphabet

These are some of the GOOGL headlines that stood out recently:

• Positive Sentiment: Google made a faster, lower-cost Gemini model its everyday default and opened preorders for $395 Samsung-built AI glasses, scheduled to ship December 10. The product rollout highlights Alphabet’s effort to bring its AI services to more users and devices. Read More.
• Positive Sentiment: Google Cloud’s reported 103% third-quarter revenue growth and tripling of operating income suggest that Alphabet’s large AI infrastructure investments may be generating returns, bolstering the case for spending despite its scale. Read More.
• Negative Sentiment: A securities class action covering investors who bought Alphabet shares from May 19 to July 16, 2026, is prompting new law-firm notices. The lawsuit adds legal and reputational risk; the allegations have not been established in court. Read More.

Alphabet Trading Down 1.0%

NASDAQ GOOGL opened at $295.77 on Friday. Alphabet Inc. has a 1-year low of $270.70 and a 1-year high of $408.61. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $3.64 trillion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 0.90 and a beta of 1.23. The firm's fifty day simple moving average is $328.18 and its 200-day simple moving average is $338.01.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued 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). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. As a group, sell-side analysts anticipate that Alphabet Inc. will post 19.81 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a $0.22 dividend. 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 presently 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.

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