Thames Capital Management LLC Buys Shares of 40,702 Alphabet Inc. $GOOGL

Thames Capital Management LLC acquired a new stake in shares of Alphabet Inc. (NASDAQ:GOOGL) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 40,702 shares of the information services provider’s stock, valued at approximately $9,895,000.

A number of other institutional investors also recently bought and sold shares of GOOGL. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet during the 2nd quarter valued at about $31,000. Corsicana & Co. bought a new stake in Alphabet during the 3rd quarter worth approximately $54,000. CarsonAllaria Wealth Management Ltd. lifted its holdings in Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 67 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its position in shares of Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after purchasing an additional 89 shares during the period. Finally, S&T Bank PA boosted its position in shares of Alphabet by 40.2% in the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after purchasing an additional 99 shares during the period. 40.03% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on GOOGL shares. Wells Fargo & Company restated a “positive” rating and set a $350.00 target price (up previously from $268.00) on shares of Alphabet in a research note on Monday, January 12th. Oppenheimer raised their price target on Alphabet from $270.00 to $300.00 and gave the company an “outperform” rating in a report on Monday, October 20th. Barclays reaffirmed an “overweight” rating and issued a $315.00 price objective (up previously from $250.00) on shares of Alphabet in a research note on Thursday, October 30th. Daiwa Capital Markets lifted their target price on Alphabet from $233.00 to $333.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, DZ Bank restated a “buy” rating on shares of Alphabet in a research note on Thursday, November 20th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $334.60.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Jim Cramer praised Alphabet as “extraordinary,” reinforcing investor enthusiasm around the company’s AI leadership and growth narrative. Alphabet (GOOGL)’s extraordinary, says Jim Cramer
• Positive Sentiment: Google is pushing product-level AI gains — adding image-generation to Chrome and a virtual assistant side panel — which supports ad/search monetization and user engagement upside. Google adds AI image generation to Chrome browser, side panel option for virtual assistant
• Positive Sentiment: Alphabet is accelerating strategic AI acquisitions and deals to bolster Gemini across media, voice and international markets — a sign management is doubling down on defensible AI distribution. Google Accelerates AI Deals to Strengthen Gemini in Media and Voice
• Positive Sentiment: Several firms reiterated buy ratings and upgrades for GOOGL this week, supporting near-term demand from momentum-driven investors. Alphabet (NASDAQ:GOOGL) Earns Buy Rating from Needham & Company LLC
• Neutral Sentiment: Short-interest entries show effectively zero reported short positions in the latest filings, but the data appears to contain anomalies (NaN/0) and is not a clear market signal. (internal short-interest data)
• Neutral Sentiment: Analyst previews expect earnings growth for the upcoming report, which could set the stage for another beat if AI ad/cloud momentum continues. Alphabet (GOOGL) Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Google says it disrupted a major residential proxy network (IPIDEA), removing domains and protecting “millions” of devices — a reputational win demonstrating security capabilities and reducing operational risk. Google disrupts large residential proxy network, reducing devices used by operators by ‘millions’
• Negative Sentiment: The U.K. Competition & Markets Authority proposed rules forcing Google to give publishers opt-outs for AI summaries and greater transparency — this raises content licensing and product constraints in a major market. UK regulator proposes changes to Google search for publishers
• Negative Sentiment: Regulatory pressure in the EU and U.K. (DMA guidance, proposed conduct rules) could force data/access sharing and limit some search/AI advantages — a structural risk to margins and competitive moat. U.K. Competition Watchdog Plans New Rules for Google’s AI Overviews Under Tech Law
• Negative Sentiment: Alphabet agreed to a $135 million settlement over handling of cellular data, which includes changes to Play Store and Android setup screens — a modest direct hit but adds regulatory/legal costs and operational change. Google to Pay $135 Million to Settle Lawsuit Over Handling of Cellular Data

Insiders Place Their Bets

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the transaction, the chief accounting officer owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. This trade represents a 23.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total value of $9,213,100.00. Following the sale, the chief executive officer directly owned 2,337,119 shares in the company, valued at $662,526,494.12. The trade was a 1.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 222,297 shares of company stock valued at $68,531,851 in the last three months. Corporate insiders own 11.55% of the company’s stock.

Alphabet Stock Performance

NASDAQ:GOOGL opened at $336.01 on Thursday. The company has a market cap of $4.05 trillion, a price-to-earnings ratio of 33.14, a PEG ratio of 1.84 and a beta of 1.08. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $340.49. The stock’s 50 day simple moving average is $318.48 and its two-hundred day simple moving average is $263.38. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75.

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

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.