Capital Investment Advisors LLC Purchases 7,578 Shares of Alphabet Inc. $GOOGL

Capital Investment Advisors LLC grew its position in Alphabet Inc. (NASDAQ:GOOGL) by 1.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 428,854 shares of the information services provider’s stock after buying an additional 7,578 shares during the period. Alphabet makes up 1.7% of Capital Investment Advisors LLC’s portfolio, making the stock its 8th largest position. Capital Investment Advisors LLC’s holdings in Alphabet were worth $104,254,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in GOOGL. Vanguard Group Inc. raised its position in shares of Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after purchasing an additional 6,733,278 shares during the period. State Street Corp increased its stake in Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after purchasing an additional 4,008,374 shares in the last quarter. Geode Capital Management LLC raised its holdings in Alphabet by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock worth $24,857,017,000 after buying an additional 4,224,497 shares during the period. Norges Bank bought a new position in Alphabet in the second quarter valued at approximately $21,944,208,000. Finally, Invesco Ltd. lifted its stake in Alphabet by 1.2% in the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock valued at $7,780,875,000 after buying an additional 503,306 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Stock Performance

GOOGL stock opened at $322.00 on Wednesday. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $340.49. The firm has a market cap of $3.89 trillion, a PE ratio of 31.76, a price-to-earnings-growth ratio of 1.82 and a beta of 1.08. The stock has a 50-day moving average price of $312.75 and a 200-day moving average price of $257.45. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The company had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. As a group, equities research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Canaccord Genuity Group set a $390.00 target price on shares of Alphabet and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Stifel Nicolaus set a $333.00 target price on shares of Alphabet in a report on Thursday, October 30th. Wells Fargo & Company restated a “positive” rating and issued a $350.00 price objective (up previously from $268.00) on shares of Alphabet in a research note on Monday, January 12th. Piper Sandler reissued an “overweight” rating and issued a $365.00 price objective (up from $330.00) on shares of Alphabet in a research report on Thursday, December 11th. Finally, Loop Capital upgraded Alphabet from a “hold” rating to a “buy” rating and increased their target price for the stock from $260.00 to $320.00 in a research note on Tuesday, November 18th. Three research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet has a consensus rating of “Moderate Buy” and an average price target of $329.08.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts raised targets — Deutsche Bank boosted its price target to $370 and kept a buy rating, and Robert W. Baird raised its target to $350 with an outperform rating. These lifts signal continued analyst confidence and create upside support for the stock. Deutsche Bank Raises Target Baird Raises Target
• Positive Sentiment: Product/AI momentum — reports show a surge in sales of Google’s Gemini AI models, which supports revenue growth from higher-margin AI services and strengthens the company’s competitive AI positioning. Gemini Sales Surge
• Neutral Sentiment: Google-backed drug discovery timeline pushed — Isomorphic Labs now expects first clinical trials by end‑2026. This delays any near-term biotech upside tied to Alphabet’s life‑sciences investments but has limited impact on core ad/cloud businesses. Isomorphic Labs Delay
• Neutral Sentiment: Product development coverage — media pieces on Google’s new AI‑powered smart glasses and long-term cloud/AI revenue narratives reiterate growth potential but are not immediate catalysts. AI Smart Glasses Coverage
• Negative Sentiment: Sector risk-off pressured shares — escalating geopolitical/tariff rhetoric (Greenland tensions) triggered a tech-led sell-off that weighed on Alphabet along with peers; market positioning and broader risk sentiment are the main short-term drivers of the decline. Tech Sell-off / Greenland Tensions
• Negative Sentiment: Price action noted by market coverage — headlines point out Alphabet fell more than the broader market today, reflecting both the sector pullback and profit‑taking after recent gains. That media focus can amplify short‑term selling pressure. Zacks: Why GOOGL Fell

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the transaction, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Arnold sold 102 shares of the company’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $313.45, for a total transaction of $31,971.90. Following the completion of the sale, the director owned 18,205 shares of the company’s stock, valued at approximately $5,706,357.25. The trade was a 0.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 189,909 shares of company stock worth $57,927,282 in the last three months. 11.55% of the stock is owned by corporate insiders.

About Alphabet

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.