Permanent Capital Management LP Purchases Shares of 9,948 Alphabet Inc. $GOOGL

Permanent Capital Management LP acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,948 shares of the information services provider’s stock, valued at approximately $2,418,000. Alphabet makes up 0.5% of Permanent Capital Management LP’s portfolio, making the stock its 25th largest position.

Several other institutional investors have also recently made changes to their positions in GOOGL. Financial Gravity Companies Inc. bought a new position in shares of Alphabet during the second quarter worth $31,000. CarsonAllaria Wealth Management Ltd. grew its holdings in Alphabet by 36.4% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after buying an additional 67 shares in the last quarter. Corsicana & Co. bought a new stake in Alphabet in the 3rd quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC increased its stake in Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares during the last quarter. Finally, Christopher J. Hasenberg Inc raised its holdings in shares of Alphabet by 77.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock worth $61,000 after acquiring an additional 152 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Insider Transactions at Alphabet

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $288.26, for a total value of $800,786.28. Following the transaction, the chief accounting officer owned 11,739 shares of the company’s stock, valued at $3,383,884.14. This trade represents a 19.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the sale, the insider owned 42,972 shares of the company’s stock, valued at $13,531,453.08. The trade was a 29.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 192,687 shares of company stock worth $56,255,711. Insiders own 11.55% of the company’s stock.

Analysts Set New Price Targets

GOOGL has been the subject of several research reports. Bank of America increased their price objective on shares of Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. CIBC boosted their target price on shares of Alphabet to $315.00 in a report on Monday, October 20th. Oppenheimer increased their price target on shares of Alphabet from $270.00 to $300.00 and gave the company an “outperform” rating in a report on Monday, October 20th. Barclays reiterated an “overweight” rating and issued a $315.00 price target (up previously from $250.00) on shares of Alphabet in a research report on Thursday, October 30th. Finally, Citic Securities upped their price objective on Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Four investment analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $317.76.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Samsung plans to double the number of mobile devices using Google’s Gemini to about 800 million units this year — a major distribution win that expands Gemini’s user base, strengthens Google’s position in mobile AI, and could boost demand for Google’s AI services and ecosystem. Exclusive: Samsung to double mobile devices powered by Google’s Gemini to 800 mln units this year
• Positive Sentiment: MarketBeat notes Alphabet led Wall Street upgrades in 2025 as AI (Gemini 3), Search/YouTube monetization, cloud strength and growing external demand for its TPUs drove sentiment — that analyst momentum supports further buying interest. MarketBeat’s Top 3 Most Upgraded Stocks of 2025
• Positive Sentiment: Coverage in The Motley Fool highlights Alphabet as a top AI pick for 2026, pointing to the company’s diversified AI exposure (search, cloud, YouTube, Gemini) — useful framing for long-term investors wanting broad AI exposure. 3 Artificial Intelligence Stocks to Buy in 2026 That Could Be Better Picks Than Palantir
• Positive Sentiment: Coverage noting Warren Buffett/Berkshire’s regret over missing investment in Google serves as an institutional validation datapoint that can strengthen investor confidence. Warren Buffet’s Berkshire Hathaway on why Google is the only tech investment they regret not making
• Neutral Sentiment: Retail buzz (X, r/WallStreetBets) has featured GOOGL among the most talked-about names this week — that can amplify short-term volume and volatility but is not a direct fundamental catalyst. 5 Stocks Investors Couldn’t Stop Buzzing About This Week: TGT, TSM, GOOG And More
• Neutral Sentiment: Technical/strategy write-ups list Alphabet near buy points for some investors — signals that traders may be positioning for further upside if earnings/AI narratives hold. Google, Other AI Stocks Trade Near Buy Points. One Named ‘Top Stock’ For 2026
• Negative Sentiment: Analyst/short-form critiques argue Alphabet’s equity looks expensive, warning that stretched valuation could limit near-term upside or amplify pullbacks if growth disappoints. Alphabet’s Equity Is Way Overpriced
• Negative Sentiment: Insider activity: an Alphabet director sold about $31,972 of stock — a small-volume sale but something traders often note when weighing near-term sentiment. Insider Selling: Alphabet (NASDAQ:GOOGL) Director Sells $31,971.90 in Stock

Alphabet Trading Up 0.7%

GOOGL opened at $315.15 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock’s 50 day moving average price is $301.53 and its 200-day moving average price is $244.48. Alphabet Inc. has a one year low of $140.53 and a one year high of $328.83. The stock has a market cap of $3.80 trillion, a price-to-earnings ratio of 31.08, a P/E/G ratio of 1.74 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. On average, equities analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s payout ratio is currently 8.28%.

Alphabet 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.