Titleist Asset Management LLC Raises Stake in Alphabet Inc. $GOOGL

Key Points

• Titleist Asset Management increased its Alphabet stake by 6.4% in the third quarter, bringing its holdings to 34,613 shares valued at approximately $11.9 million. Institutional investors own about 40.03% of Alphabet’s outstanding stock.
• Alphabet insiders sold 441,399 shares worth approximately $8.7 million over the past 90 days, including sales by major shareholder 2019 GP L.L.C. and Chief Accounting Officer Marsida Saraci.
• Alphabet reported quarterly revenue of $119.8 billion and EPS of $9.11, exceeding analyst expectations, while analysts maintain a consensus “Buy” rating with an average price target of $425.72.

Titleist Asset Management LLC raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 6.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 34,613 shares of the information services provider's stock after purchasing an additional 2,096 shares during the period. Titleist Asset Management LLC's holdings in Alphabet were worth $11,909,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. EMC Capital Management purchased a new position in Alphabet during the fourth quarter valued at approximately $33,000. Lifetime Wealth Management P.C. bought a new position in Alphabet in the fourth quarter worth approximately $32,000. Core Capital Management & Research inc. bought a new position in Alphabet in the second quarter worth approximately $41,000. Premier Financial Group purchased a new stake in Alphabet during the second quarter worth $45,000. Finally, Bard Associates Inc. purchased a new stake in Alphabet during the fourth quarter worth $52,000. Institutional investors own 40.03% of the company's stock.

Insider Activity

In related news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company's stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 441,399 shares of company stock worth $8,677,053 over the last 90 days. 11.61% of the stock is currently owned by corporate insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced an agentic version of Gemini for business users. The unified agent is designed to perform tasks across workplace applications, strengthening Alphabet’s position in enterprise AI and intensifying competition with Microsoft and OpenAI. Google brings agentic AI to Gemini
• Positive Sentiment: Alphabet’s Waymo autonomous-vehicle unit secured a $5 billion loan from Blackstone, PIMCO and Sixth Street, providing financing for robotaxi expansion without requiring Alphabet to fund the entire rollout directly. Waymo secures $5 billion loan
• Positive Sentiment: Isomorphic Labs, Alphabet’s AI drug-discovery subsidiary, is reportedly discussing a funding round valuing the business between $40 billion and $50 billion. A successful financing could highlight the value of Alphabet’s AI portfolio beyond search and advertising. Isomorphic Labs funding talks
• Positive Sentiment: Analyst sentiment remains strongly bullish: Needham reaffirmed a Buy rating with a $450 price target, while other reports cited broad upside expectations based on Alphabet’s earnings power, cloud growth and AI opportunities.
• Neutral Sentiment: Alphabet and Unity expanded their AI gaming partnership, including tools that let users create games through natural-language prompts. The initiative could broaden Google Play engagement, although monetization and adoption remain unproven. Google and Unity gaming partnership
• Negative Sentiment: Multiple law firms publicized an existing securities class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege that management failed to disclose issues related to the expected Gemini 3.5 Pro launch and training results. These are allegations, not findings of liability, but the repeated alerts add legal and reputational overhang. Alphabet securities class action announcement
• Negative Sentiment: Google was ordered to halt work on two Finnish data centers pending environmental-impact assessments, potentially delaying infrastructure expansion. Commentary also questioned whether Alphabet is converting heavy AI capital spending into sufficient revenue and criticized its progress in AI coding.

Alphabet Stock Down 0.6%

Shares of GOOGL stock opened at $348.29 on Friday. Alphabet Inc. has a 1-year low of $235.84 and a 1-year high of $408.61. The stock's fifty day moving average price is $345.99 and its 200 day moving average price is $349.17. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The company has a market cap of $4.26 trillion, a price-to-earnings ratio of 17.49, a price-to-earnings-growth ratio of 1.01 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. On average, research analysts expect that Alphabet Inc. will post 20.55 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were issued a dividend of $0.22 per share. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio is 4.42%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Wall Street Zen downgraded Alphabet from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. DZ Bank upgraded Alphabet to a "strong-buy" rating in a research note on Thursday, July 23rd. BMO Capital Markets set a $465.00 price objective on Alphabet and gave the company an "outperform" rating in a research report on Thursday, July 23rd. Rosenblatt Securities reaffirmed a "buy" rating and set a $410.00 price objective on shares of Alphabet in a research report on Thursday, September 3rd. Finally, Wells Fargo & Company reiterated an "overweight" rating and issued a $417.00 target price (up from $411.00) on shares of Alphabet in a research note on Tuesday. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $425.72.

About Alphabet

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.

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