FNY Investment Advisers LLC Invests $1.10 Million in Alphabet Inc. $GOOGL

Key Points

• FNY Investment Advisers opened a new position in Alphabet Inc. (GOOGL) in Q3, buying 4,511 shares valued at about $1.10 million per its latest 13F filing.
• Several large institutions also added or boosted stakes—most notably Norges Bank (~$21.94 billion) and Berkshire Hathaway (~$4.34 billion)—leaving institutional investors owning roughly 40.03% of the company.
• Alphabet recently beat earnings and revenue estimates, has an analyst average target near $367.18, and is seeing positive AI momentum (DeepMind hire, new products, high‑profile endorsements), though valuation and hyperscaler capex concerns persist.

FNY Investment Advisers LLC bought a new position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,511 shares of the information services provider's stock, valued at approximately $1,096,000.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Alphabet in the 2nd quarter valued at $21,944,208,000. Berkshire Hathaway Inc purchased a new stake in Alphabet during the 3rd quarter worth $4,338,397,000. Laurel Wealth Advisors LLC boosted its position in Alphabet by 17,667.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider's stock worth $2,686,640,000 after purchasing an additional 15,159,273 shares during the period. Capital World Investors increased its holdings in Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock valued at $12,910,542,000 after purchasing an additional 11,605,785 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in Alphabet by 51.7% in the second quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider's stock valued at $5,607,232,000 after purchasing an additional 10,843,853 shares during the period. Hedge funds and other institutional investors own 40.03% of the company's stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hired Jasjeet Sekhon, Bridgewater’s chief scientist, as chief strategy officer — a high‑profile talent win that reinforces Alphabet’s DeepMind AI bench and long‑term product roadmap. Exclusive: Bridgewater's chief scientist Sekhon to join Google's DeepMind AI unit
• Positive Sentiment: High‑profile endorsement: Elon Musk tweeted that Google will “win the AI race in the West,” a bullish signal for market perception of Alphabet’s AI leadership. Elon Musk Says China Will Win The AI Race, But Here's Where SpaceX Will Win
• Positive Sentiment: Product momentum: Google’s new “Stitch” AI design features are pressuring rivals (e.g., Figma’s stock fell), underscoring expanding addressable market for Google’s AI tools. Figma's stock drops 11% in two days after Google releases 'vibe design' product
• Positive Sentiment: Market commentary highlights Alphabet’s operational strength (consecutive earnings beats, Cloud acceleration), supporting the bullish analyst consensus and relative outperformance among mega‑caps. 2 Tech Giants Holding Their Ground While the Market Slides
• Neutral Sentiment: Insider sales disclosed: CEO Sundar Pichai sold ~32,500 shares (~$10M) and Director John Hennessy sold a small stake — notable but small relative to total insider holdings; monitor if these continue. Insider filing: Sundar Pichai sale
• Neutral Sentiment: Short‑interest data in the feeds appears anomalous/zero and provides no clear signal (no days‑to‑cover build reported).
• Neutral Sentiment: Competitive takes: Analysts compare Snowflake and Alphabet on cloud analytics — SNOW’s momentum is notable but doesn’t negate Google Cloud’s growth trajectory. Snowflake vs Alphabet: Which Cloud Analytics Stock Has an Edge Now?
• Negative Sentiment: Investor concern about massive hyperscaler AI spending — analysts flag $410B+ capex across hyperscalers and question near‑term returns, a theme that can pressure tech multiples including GOOGL. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
• Negative Sentiment: Valuation debate persists: coverage notes shifting investment story as AI deals and capex raise questions about near‑term upside despite solid fundamentals. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions

Analysts Set New Price Targets

GOOGL has been the subject of several analyst reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $400.00 target price on shares of Alphabet in a research report on Friday, March 13th. Rosenblatt Securities raised their target price on Alphabet from $279.00 to $357.00 and gave the company a "neutral" rating in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft boosted their price target on Alphabet from $370.00 to $390.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Barclays restated an "overweight" rating and issued a $360.00 price target (up from $315.00) on shares of Alphabet in a report on Thursday, February 5th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $395.00 price objective (up from $365.00) on shares of Alphabet in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $367.18.

Alphabet Price Performance

Shares of GOOGL opened at $301.00 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The firm has a market cap of $3.64 trillion, a price-to-earnings ratio of 27.84, a PEG ratio of 1.80 and a beta of 1.10. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The stock has a 50 day moving average of $317.62 and a 200-day moving average of $292.57.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. As a group, analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet's dividend payout ratio is 7.77%.

Insider Transactions at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the transaction, the chief executive officer directly owned 1,642,060 shares of the company's stock, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,110,165 shares of company stock worth $118,134,117 over the last quarter. Insiders own 11.64% of the company's stock.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google's core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google's consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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