OPTIMAS CAPITAL Ltd Acquires 20,400 Shares of Alphabet Inc. $GOOGL

Key Points

• OPTIMAS CAPITAL Ltd acquired 20,400 Alphabet shares in the third quarter, valued at about $7.02 million. The position represents 9.3% of its portfolio and is its third-largest holding.
• Analysts maintain a broadly positive outlook: 50 rate the stock Buy or Strong Buy and five rate it Hold, with an average price target of $412.51.
• Alphabet’s latest quarterly results fell short of expectations, reporting EPS of $2.12 versus the $3.02 consensus and revenue of $127.58 billion versus estimates of $127.96 billion.

OPTIMAS CAPITAL Ltd acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,400 shares of the information services provider's stock, valued at approximately $7,019,000. Alphabet accounts for about 9.3% of OPTIMAS CAPITAL Ltd's investment portfolio, making the stock its 3rd biggest position.

Other large investors also recently modified their holdings of the company. EMC Capital Management acquired a new position in Alphabet in the 2nd quarter valued at about $35,000. Core Capital Management & Research inc. bought a new position in Alphabet in the 2nd quarter valued at about $41,000. Intelligent Financial Strategies bought a new position in Alphabet in the 3rd quarter valued at about $41,000. Premier Financial Group bought a new position in Alphabet in the 2nd quarter valued at about $45,000. Finally, Van Den Berg Management I Inc. raised its holdings in Alphabet by 319.6% in the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider's stock valued at $61,000 after acquiring an additional 163 shares during the period. 40.03% of the stock is owned by institutional investors.

More Alphabet News

These are some of the GOOGL news items 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.
• Neutral Sentiment: An investor commentary argues that Alphabet’s substantial cash generation and business strengths provide reasons not to overreact to AI-related capital spending, though the returns on that spending remain a key issue for investors. 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.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of several research reports. KeyCorp cut their price objective on shares of Alphabet from $410.00 to $385.00 and set an "overweight" rating for the company in a research report on Thursday, October 29th. Wedbush decreased their target price on Alphabet from $445.00 to $387.00 and set an "outperform" rating on the stock in a research report on Thursday, October 29th. JPMorgan Chase & Co. upped their target price on Alphabet from $420.00 to $425.00 and gave the company an "overweight" rating in a research report on Thursday, October 15th. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a research note on Thursday, October 15th. Finally, Wells Fargo & Company lowered their target price on Alphabet from $417.00 to $371.00 and set an "overweight" rating on the stock in a research note on Friday, October 30th. 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. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $412.51.

Alphabet Stock Performance

NASDAQ GOOGL traded down $2.93 during trading on Friday, reaching $295.77. The company's stock had a trading volume of 30,682,111 shares, compared to its average volume of 40,687,932. 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 firm has a market capitalization of $3.64 trillion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 0.90 and a beta of 1.23. Alphabet Inc. has a 12 month low of $270.70 and a 12 month high of $408.61. The firm has a 50 day moving average price of $328.18 and a 200 day moving average price of $338.01.

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 (EPS) for the quarter, missing analysts' consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.96 billion. As a group, equities analysts anticipate that Alphabet Inc. will post 19.81 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet's payout ratio is 4.59%.

Insider Activity

In related 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 transaction of $28,257.35. Following the sale, the director owned 19,076 shares of the company's stock, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 247 shares of company stock valued at $79,238 in the last three months. Insiders own 11.61% of the company's stock.

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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