Calamos Wealth Management LLC Has $89.90 Million Stake in Alphabet Inc. $GOOGL

Calamos Wealth Management LLC raised its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 1.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 369,816 shares of the information services provider’s stock after buying an additional 5,661 shares during the period. Alphabet comprises about 3.2% of Calamos Wealth Management LLC’s holdings, making the stock its 7th largest position. Calamos Wealth Management LLC’s holdings in Alphabet were worth $89,902,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Financial Gravity Companies Inc. bought a new position in Alphabet in the 2nd quarter valued at about $31,000. CarsonAllaria Wealth Management Ltd. increased 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 worth $44,000 after purchasing an additional 67 shares in the last quarter. Corsicana & Co. purchased a new stake in shares of Alphabet in the third quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC lifted its holdings 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 valued at $57,000 after purchasing an additional 89 shares in the last quarter. Finally, Christopher J. Hasenberg Inc lifted its holdings in shares of Alphabet by 77.6% in the second quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 152 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s market value climbed past Apple’s, reinforcing investor confidence that Google is regaining leadership among mega‑cap tech names and boosting sentiment for GOOGL shares. Alphabet’s market cap surpasses Apple’s (CNBC)
• Positive Sentiment: Analysts have been raising ratings and price targets on Alphabet into Q4/Q1, with MarketBeat and other outlets highlighting a wave of bullish revisions tied to AI progress and regulatory relief — a factor supporting further upside. 5 Stocks Wall Street Repriced Higher (MarketBeat)
• Positive Sentiment: Operational catalysts: recent coverage points to faster AI momentum (Gemini/model upgrades), a stronger cloud AI story and an AI chip/cloud positioning that could lift revenue mix and margins over time — these fundamentals underpin the bullish narrative. How Google Got Its Groove Back (WSJ) Alphabet’s AI Cloud Moment (Seeking Alpha)
• Neutral Sentiment: Valuation discussions: commentators are debating whether GOOGL’s strong ~1‑year run makes it late to buy; elevated expectations increase sensitivity to any revenue or margin misses. Is It Too Late To Consider Alphabet? (Yahoo Finance)
• Negative Sentiment: Legal and reputational risk: Alphabet and Character.AI agreed to settle lawsuits tied to minors harmed after interacting with chatbots, including at least one tragic suicide — this raises potential legal costs, regulatory scrutiny of AI safety, and reputational pressures that could weigh on the stock if litigation or regulation expands. Google and Character.AI to Settle Lawsuit (NYT) Google, Character.AI to settle suits (CNBC)

Alphabet Trading Up 2.5%

NASDAQ:GOOGL opened at $322.05 on Thursday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $328.83. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The firm’s 50 day moving average is $304.36 and its 200 day moving average is $247.06. The stock has a market capitalization of $3.89 trillion, a PE ratio of 31.76, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. Sell-side analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $308.19, for a total transaction of $184,914.00. Following the sale, the director directly owned 3,916 shares of the company’s stock, valued at $1,206,872.04. This represents a 13.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Frances Arnold sold 102 shares of the stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $313.45, for a total transaction of $31,971.90. Following the transaction, the director owned 18,205 shares of the company’s stock, valued at $5,706,357.25. This represents a 0.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 192,687 shares of company stock worth $56,255,711 in the last ninety days. 11.64% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Canaccord Genuity Group set a $390.00 price target on Alphabet and gave the stock a “buy” rating in a report on Wednesday. Loop Capital raised shares of Alphabet from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $260.00 to $320.00 in a report on Tuesday, November 18th. HSBC increased their target price on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. DA Davidson reissued a “neutral” rating and set a $300.00 price target on shares of Alphabet in a research report on Tuesday, November 25th. Finally, Wall Street Zen upgraded shares of Alphabet from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Four equities research analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $321.27.

Alphabet Company 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.